Europe-listed Brazil stocks, Petrobras slip after Lula election win

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German-listed shares in Brazil's state-run oil company Petrobras slipped more than 7% in early European trade after leftist leader Luiz Inacio Lula da President Jair Bolsonaro in a runoff election.

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Great!

That’s not surprising. Right wing politicians and the industrial fossile fuel complex are joined at the hip.

I still remember how they made fun of Peru for electing Castillo. But then came Chile, Colombia and now Brazil says hold my beer! 🍺 😂

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