• Brazil's Petrobras calls meeting to elect Bolsonaro ally

    3 days ago - By Chron

    RIO DE JANEIRO - Board members of Brazilian oil giant Petrobras on Tuesday paved the way for approval of a retired general with no industry experience to take the helm of the state-controlled company, sparking fears of government meddling in pricing.
    President Jair Bolsonaro announced last week that former Defense Minister Joaquim Silva e Luna would take over the firm, seeking to appeal to truck drivers who have threatened to strike over recent increases in fuel prices and whose 2018 strikes brought the country to a standstill.
    Following standard procedure, Petrobras' board voted on...
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