Bolsonaro Calls for More Changes After General Goes to Petrobras
- Brazil leader had been at odds with Petrobras over fuel prices
- Concerns about a general shift away from market policies grow
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Brazilian President Jair Bolsonaro said that more changes are underway after naming a former general to replace the University of Chicago-educated economist running state-controlled Petroleo Brasileiro SA.
The leadership change at Petrobras followed a feud with Bolsonaro over fuel prices after Petrobras adjusted them to align with international rates. His comments on Saturday may add to concerns about a wider shift away from market-friendly policy goals by the administration.