Tue, 21-Oct-2025

Brazil’s Petrobras names new CEO amid fuel price row with Bolsonaro

fuel

The board of Brazil’s state-run oil company Petrobras on Thursday named Jose Mauro Coelho as third CEO in just over a year after President Jair Bolsonaro fired his predecessors in a stand-off over fuel hikes. Coelho was appointed for a one-year period, Petrobras said in a statement. He was the officials choice to succeed Joaquim … Read more

Firms targeting Brazil indigenous lands: report

mining

RIO DE JANEIRO: Major mining companies are seeking to expand to currently protect the indigenous lands in the Amazon rainforest, bolstered by billions of dollars in financing from international banks and investment firms, a report found. Nine mining giants including Brazil’s Vale, Britain’s Anglo American and Canada’s Belo Sun have filed applications seeking authorisation to … Read more

Brazil President’s wife tests positive for coronavirus

Wife Michelle

Brazilian president Jair Bolsonaro’s wife Michelle has tested positive for coronavirus. In addition to this, one of the President’s minister has also contracted the virus. Brazil is the second worst-affected countries in the world after the USA. There are 2,613,789 confirmed cases of coronavirus out of which 91,377 have died whereas 1,824,095 have recovered. The number … Read more