Weekly Report - 12 May 2022 (WR-22-19)


BRAZIL | Petrobras. President Jair Bolsonaro used a social media livestream broadcast on 5 May to launch an attack on the “unacceptable” and “criminal” profits of the state-owned energy company Petrobras. Bolsonaro anticipated that Petrobras would announce first quarter profits of around BRL40bn (US$7.95bn). In the event, Petrobras actually released official results later in the day showing profits of BRL44.56bn, one of the best quarterly results in the company’s history.

End of preview - This article contains approximately 171 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.