We’re covering the effects of the oil crash on the Brazilian economy. A plan to reduce the financial impact of bailing out states. And the Workers’ Party begins asking for Jair Bolsonaro’s head.
How crashing oil prices affect Petrobras (and Brazil)
Monday and Tuesday were two of the worst days in the history of oil trade, as investors come to terms with the fact that supply will overwhelm demand for months and maybe years to come. On Monday, West Texas Intermediate prices for May had their worst rout on record (USD -37.63). On Tuesday, Brent futures crashed 24...
