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In a letter printed on Monday, Brazil’s Mines and Vitality Ministry introduced that the federal government will use its powers as controlling shareholder of Petrobras to alter its chief govt officer. Once more. José Mauro Coelho, who took workplace simply over a month in the past, couldn’t resist a current hike in diesel costs and has been the most recent casualty brought on by gas inflation.
His alternative, the federal government introduced, shall be Caio Mário Paes de Andrade, who at present serves because the Financial system Ministry’s Debureaucratization Secretary. Mr. Andrade’s nomination have to be confirmed by the Petrobras board.
Mr. Andrade holds an undergraduate diploma in…
Entry all of The Brazilian Report
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