Brazil Daily

🛢️ Petrobras drama rumbles on

Good morning! Today, the ongoing Petrobras drama. Brazil’s lackluster infrastructure investments. And a trial that could completely alter the São Paulo governor’s race.

☕ If you like our work and want to give us an extra boost, you can fill up our reporters’ coffee mugs. Supporters get exclusive perks! Find out more.

Another CEO bites the dust

Petrobras announced a new fuel price hike last week. Photo: Evandro Leal/Agência Enquadrar/Folhapress
Petrobras announced a new fuel price hike last week. Photo: Evandro Leal/Agência Enquadrar/Folhapress

Markets received the news on Monday that José Mauro Coelho had resigned as the chief executive officer of Petrobras. The move in itself was expected — the government had announced on May 23 that it would swap CEOs and had initiated the...

Less expensive than a coffee

Enjoy any plan of your choice for US$1 for the first month