Brazilian government wants to privatize Petrobas

The newly elected Brazilian government, led by right-wing populist Jair Bolsonaro, wants to either privatize or close a broad range of state-owned organizations. One of these candidates is oil company Petrobas.

by NIKLAS KRIGSLUND

The Brazilian government, led by President Jair Bolsonaro, wants to either privatize or close almost 100 state-owned companies in a maneuver that might end up leading to oil company Petrobas falling into private hands, reports news agency NTB.

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