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LatinNews Regional Monitor: Brazil & Southern Cone - 13 February 2020

From LatinNews Daily
On 12 February Argentina’s economy minister, Martín Guzmán, said that the country’s dire economic situation means that a “profound” restructuring of the public debt is necessary that will likely “frustrate” Argentina’s foreign creditors.... Read More
On 12 February, Brazilian media reported that President Jair Bolsonaro had invited General Walter Souza Braga Netto to replace Onyx Lorenzoni as his chief-of-staff in government.... Read More
* Brazil’s national statistics institute (Ibge) has released the latest figures for retail trade, which show a slight dip in retail in December 2019.... Read More
* Brazilian economic consultancy firm, Itaú Macro, has predicted Paraguay’s economy will grow 3.5% in 2020 and that its fiscal deficit will close the year at 2.2% of GDP, which is above the 1.5% limit established by the country’s fiscal responsibility law (LRF).... Read More

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