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LatinNews Daily - 23 February 2021

BRAZIL: Turmoil over Petrobras intensifies

On 22 February, a federal court gave Brazil’s President Jair Bolsonaro three days to explain his decision to remove Roberto Castello Branco as the head of the state-owned oil company, Petrobras, a move which has plunged Brazilian markets into turmoil amid concerns over state interventionism.

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