Thursday, December 8, 2022

Bolsonaro fires Petrobras boss again

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The government thanked Coelho, whom it nominated in April to head the oil giant, in a statement from the Ministry of Mines and Energy, but said Brazil was going through “difficult times” amid high volatility in oil prices around the world.

Brazil’s President Bolsonaro is running for a second term in October’s elections. The right-wing head of state is trailing left-wing challenger ex-president Luiz Inácio Lula da Silva in polls and is under pressure from high inflation and higher energy prices in the South American country.

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