UPDATE 1-Brazil health regulator s technical staff recommend against Russia s Sputnik vaccine Reuters 2 hrs ago
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BRASILIA, April 26 (Reuters) - The Brazilian health regulator s technical staff on Monday recommended against approving imports of the Russian-made Sputnik V COVID-19 vaccine requested by governors battling against a deadly second wave of the virus.
The recommendations by Anvisa s technical staff will be taken into account by the regulator s board, which will announce its decision later on Monday. Anvisa had previously said there were critical issues surrounding the vaccine s effectiveness and safety that needed clarifying.
Ana Carolina Moreira Marino Araujo, general manager for health monitoring, said that taking into account all the documentation presented, data acquired at in-person inspections and information from other regulators, Anvisa s technical staff said inherent risks were too great at this time.
Brazil markets plunge as Bolsonaro shakes up Petrobras to cut energy costs reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
UPDATE 1-Bolsonaro popularity tumbles in Brazil, shows CNT poll Reuters 2/22/2021
(Adds poll data, political context, details on Petrobras)
BRASILIA, Feb 22 (Reuters) - Brazilian right-wing President Jair Bolsonaro s approval rating slumped to 32.9% in February, from 41.2% in October, according to a poll published on Monday by transport association CNT.
The poll was conducted between Thursday and Saturday last week and so partially includes reaction to Bolsonaro s Friday decision to install a retired general with no oil and gas experience as chief executive of state oil company Petroleo Brasileiro SA.
The announced shakeup and his criticism of the company s pricing policy sent Petrobras shares tumbling on Friday and they continued to fall on Monday, as the intervention sent Brazil s financial markets into a tailspin.
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BRASILIA, Feb 22 (Reuters) - Brazilian financial markets went into a tailspin on Monday, as investors dumped the country’s currency and stocks, while pushing up interest rates, after President Jair Bolsonaro moved late on Friday to sack the head of state-run oil firm Petrobras after weeks of clashes over fuel price hikes.
The right-wing populist’s intervention in one of Brazil’s most valuable companies, along with a vow to reduce prices in the power sector too, cast growing concern on the government’s commitment to free markets.
Several brokerages downgraded Petroleo Brasileiro SA, as Petrobras is formally known, and Bank of America cut Brazilian stocks to ‘marketweight’ in its Latin American portfolio, excluding Petrobras and state power company Eletrobras entirely.