LATAM POLITICS TODAY-Brazil's Petrobras chief executive resigns

Colombia's election outcome is vote for political change, EU says LUXEMBOURG - The European Union's top diplomat Josep Borrell said that Colombians had voted for a more equal society by choosing leftist Gustavo Petro as their next president.

The latest in Latin American politics today:

Petrobras CEO resigns amid political blowback on fuel prices SAO PAULO - The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week, adding to inflation concerns in an election year.

Petroleo Brasileiro SA, as the company is formally known, said in a securities filing that Chief Executive Jose Mauro Coelho had resigned on Monday morning and an interim CEO would now be appointed for the board's consideration. The interim would become Petrobras' fourth chief executive since Brazilian President Jair Bolsonaro took office in 2019.

Colombia's first leftist leader Gustavo Petro targets inequality; investors on edge BOGOTA - The election of Colombia's first leftist president, Gustavo Petro, is indicative of widespread yearning for a more equal and inclusive society, analysts and business leaders said, but the former guerrilla will need to act fast to reassure investors.

Petro, a 62-year-old former mayor of the capital Bogota and current senator, won 50.4% of votes on Sunday, beating construction magnate Rodolfo Hernandez. The election of a former guerrilla marks a radical change for a country still scarred by decades of conflict and highlights the depth of frustration with a right-leaning political establishment accused of overseeing a wide gap between rich and poor.

Brazilian authorities find boat of slain British journalist, indigenous expert SAO PAULO - The boat used by killed British journalist Dom Phillips and Brazilian indigenous expert Bruno Pereira to travel to Brazil's Amazon was found on Sunday evening, authorities said in a press statement.

The speedboat was submerged under six sandbags at a depth of about 20 meters (65 ft) in the Itacoai river in the northern Brazilian rainforest, authorities said. Colombia's election outcome is vote for political change, EU says

LUXEMBOURG - The European Union's top diplomat Josep Borrell said that Colombians had voted for a more equal society by choosing leftist Gustavo Petro as their next president. Borrell also said an EU monitoring mission found the elections to be free and fair. (Compiled by Steven Grattan; editing by John Stonestreet)

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