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Tag: Roberto Castello Branco

RIO DE JANEIRO, BRAZIL - Under international pressure, Brazil participates this Thursday in the Leaders' Climate Summit, organized by U.S president Joe Biden, with the support and high expectations of entrepreneurs comprising the Brazil-United States CEO Forum, responsible for...
RIO DE JANEIRO, BRAZIL - The Board of Directors of Brazil's Petrobras approved on Friday as the new president of the state-owned oil company retired Army general Joaquim Silva e Luna proposed for the position by President Jair Bolsonaro. In...
RIO DE JANEIRO, BRAZIL - In line with what large international institutions have been doing, Credit Suisse reduced its exposure to Brazilian equities from overweight (exposure above the market average) to benchmark (or in line, equivalent to the neutral...
RIO DE JANEIRO, BRAZIL - With his popularity wavering, Jair Bolsonaro has increased the number of military officers in his government. The presence of Armed Forces representatives in the Executive Branch had never been this great since the restoration...
RIO DE JANEIRO, BRAZIL - Economy Minister Paulo Guedes said during a podcast released on Tuesday, March 2nd, that he is "dismissible in 30 seconds" should President Jair Bolsonaro no longer believe in his work, but that as long...
RIO DE JANEIRO, BRAZIL - The government's top officials have prepared a sturdy plan to dispel the financial market's unease after President Jair Bolsonaro demanded the resignation of Petrobras' CEO, Roberto Castello Branco. Three measures should be taken by the end...
RIO DE JANEIRO, BRAZIL - Attorney André Almeida, one of the parties behind the class action lawsuit for investor losses resulting from the corruption scheme investigated by Operation Lava Jato, says he is now preparing a similar lawsuit in...
RIO DE JANEIRO, BRAZIL - Brazil is not expected to register a primary surplus over the next decade and may see its gross debt exceed 100% of GDP until 2030 - much higher than other emerging countries. The assessment...
RIO DE JANEIRO, BRAZIL - Among economists and analysts who believe that the latest news about Petrobras represents the divorce between the Bolsonaro government and the market, with turbulent times ahead, and those who believe in an impact more...

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