BRAZIL: COVID-19 reaching alarming levels as presidential agitation continues
The number of confirmed Covid-19 cases in the Americas has now overtaken Europe – 1.9mn against 1.7mn respectively. The US and Brazil together now account for 85% of the cases in the region, but Brazil is by far the worst case in Latin America. At 180,737 cases, Brazil has eight … Become a member […]
LATAM PULSE
This week, in Argentina, time to avoid a ninth sovereign default is running out. Partial economic re-opening plans should become clearer in Mexico, while further monetary stimulus is also in the offing. In Brazil, there will be further wrangling over payroll cuts for public emplo… Become a member to read the rest of this article
BRAZIL: Politics finally delivers on Covid-19 and new normal emerges
● After over a month of haggling, Congress finally agrees on a war budget and assistance to states and municipalities for the duration of the calamity state. ● President Jair Bolsonaro remains oblivious to the pandemic, focused on unemployment. ● The president’s push for a … Become a member to read the rest of […]
LATAM PULSE
This week, Argentina’s debt exchange offer formally closes with acceptance rates currently projected to be low. Brazil should see a “war budget” passed while noise surrounding President Jair Bolsonaro continues. Meanwhile, recent data underlines the fragility of Mexico’s economy … Become a member to read the rest of this article
LATAM PULSE
This week, the future of the Mercosur/Mercosul trade bloc faces renewed uncertainty. Venezuela’s regime is reversing the limited economic liberalization of recent months as an upcoming anniversary serves as a reminder of the regime’s reliance on the military. In Mexico, disrupted… Become a member to read the rest of this article
BRAZIL: Bolsonaro, now without Carwash hero Sergio Moro
Former Lava-Jato (Carwash) judge Sergio Moro just announced today, 24 April, in a nationally televised press conference his resignation from the post of Justice Minister. This comes when a negotiation between the minister and President Jair Bolsonaro was supposed to be occurring … Become a member to read the rest of this article
BRAZIL: Health minister controversy subsides as new challenges surface
● The new health minister seems capable of handling Covid-19 well, while remaining outside the political danger zone within the government. ● The Chief-of-Staff at the Presidency is the new strong man and has ventured into economic territory, spearheading a new post-pandemic r… Become a member to read the rest of this article
LATAM PULSE
From this week, Mexico’s state oil company Pemex is a “fallen angel” following the latest downgrade to its credit ratings. Also this week, Argentina’s creditors will be wanting to see flexibility ahead of debt talks, while domestically, the government weighs up how to relax lockd… Become a member to read the rest of this article
BRAZIL: Unnecessary health minister change aggravates presidential blame
● President Jair Bolsonaro finally dismissed his popular health minister, claiming he failed to see the economic side of the Covid-19 tragedy. ● The new minister is a renowned physician and medical entrepreneur who has publicly agreed with the health ministry’s handling of the… Become a member to read the rest of this article
LATAM PULSE
This week, in Brazil, a “War Budget” could be readied even as President Jair Bolsonaro’s contrarian approach to Covid-19 continues. In Argentina, a debt restructuring offer could finally be unveiled. in Mexico, the government will continue to celebrate what could end up being a p… Become a member to read the rest of this article