English 
Spanish 
2 min read
The epidemic known as the coronavirus has spread and is affecting Petrobras and may soon affect even job vacancies
“In addition to the fatalities, the rapid spread of the coronavirus has left its marks on the global and Brazilian economy, especially Petrobras. Origin of the outbreak, China has the second largest TAX ID No of the planet, and a slowdown in its economy ends up affecting the entire world – with effects, for example, on countries that depend heavily on exports to the Asian country, such as Brazil.
Read also
- Opportunity for internship in Rio de Janeiro by Celse – Centrais Elétricas
- 2020 will have 11 amended holidays and sectors of economic activity such as Tourism celebrate
- Government wants to end Petrobras' preemptive right in the pre-salt
If, on the one hand, it affects company earnings and economic activity, on the other hand, the drop in commodity prices can make some products cheaper. An example: if the decline in oil prices persists, fuels may become cheaper in Brazil. For this, however, the fall of the real against the dollar cannot be so strong, as the rise in the US currency acts in the other direction, inflating the price of goods traded on the international market.”
First reaction to the coronavirus was in the financial market
In an attempt to contain the spread of the virus, China has taken drastic measures to reduce the flow of people on the streets and displacements across the Asian continent. Global stock exchanges started the week in decline. The price of a barrel of oil fell below $60 for the first time in nearly three months. The dollar appreciated against the real. And even the projections for the Selic – the basic interest rate of the Brazilian economy – were revised.
- Microsoft co-founder Bill Gates has revealed his biggest MISTAKE that ended up costing his company $400.000.000.000
- New PIX and Federal Revenue rules increase control over workers; financial transactions will be monitored like never before, check it out!
- The first mega underwater tunnel in Brazil will be responsible for the deforestation of 105 THOUSAND square meters of the Atlantic Forest; on the other hand, the R$6 BILLION project will generate 9 THOUSAND jobs
- Government wants a new union contribution
On Tuesday (04), the World Health Organization (WHO) admitted that it was wrong in its initial assessment of the effects of the coronavirus. The organization went on to classify the risk of the new virus as “high”, and no longer “moderate”. The WHO also said that the disease is not yet a global health emergency, but that "it could become". The latest ones were swine flu (H1N1), zika virus and ebola.”
