As Bolsonaro takes the reins, Brazil economy czar fades away3 min read . Updated: 24 Feb 2021, 05:52 AM IST
Bolsonaro’s decision to replace the head of state-controlled oil company Petrobras after a feud over fuel prices sent Brazilian markets into a tailspin on Monday, with investors viewing the move as a sign that the Guedes era is drawing to a close
Paulo Guedes joined the administration of Brazil’s Jair Bolsonaro in 2019 as a super minister charged with steering Latin America’s largest economy through an ambitious program of privatizations, deregulation and tax and spending cuts.
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