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Again on Might 23, the Brazilian authorities introduced that, but once more, it could be changing the chief govt officer of oil and fuel agency Petrobras. This was the third time President Jair Bolsonaro had jettisoned a CEO of the state-controlled firm in reference to rising gasoline costs. The present CEO, José Mauro Coelho, lasted simply 40 days earlier than the federal government determined to point out him the door.
His alternative, pending approval from the board, is Caio Paes de Andrade, the present Debureaucratization Secretary within the Economic system Ministry and a self-described “serial entrepreneur” with no expertise in oil and fuel.
In…
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