Brazil President Lula Fires Petrobras CEO After Dividend Dispute

- President of Brazil, Lula, fired Petrobras CEO Jean Paul Prates - Dispute arose over dividend payments - Prates had to balance investor and political demands - Brazilian president to appoint Magda Chambriard as new CEO of Petrobras - Shares of Petroleo Brasileiro SA (Petrobras) declined after CEO's firing

Summarized top reddit comments: - CEO of Petrobras fired by Brazilian President Lula - Concerns about impact on Petrobras and Brazil - Controversy around Lula's decisions and actions - Reference to Lula being a former inmate and negative sentiment towards him - Speculation about the future outlook for Petrobras - Emoji suggesting bullish sentiment towards the situation