RIO DE JANEIRO, BRAZIL - Petrobras earned more than R$40 (US$9) billion last year, which represents the highest annual profit in its history. The company submitted its 2019 financial statement on Wednesday, February 19th, after the São Paulo Stock Exchange had closed, while a third of its employees went on their 19th day of strike in protest against the closure of a fertilizer factory and related layoffs .
The huge profit was a result of the contribution - since Jair Bolsonaro and his liberal Minister of Economy, Paulo Guedes, took power - from the sale of an important part of its . . .