Brazil—Government Seeks To Curb Fuel Prices

Mercopress | 06/23/2022

The Brazilian government is seeking ways to reduce fuel price increases, reports Mercopress (Uruguay). On Monday, Jose Ferreira Coelho, the CEO of the state-owned Petrobras energy firm, resigned in the face of harsh criticism by President Jair Bolsonaro. The president has called for a Parliamentary Commission of Inquiry against the members of the Board of Directors of Petrobras after the company refused to comply with Bolsonaro’s request to stop adjusting fuel prices to meet international...

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