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LatinNews Regional Monitor: Brazil & Southern Cone - 12 March 2020
From LatinNews Daily
On 11 March, Brazil’s Health Minister Luiz Mandetta asked lawmakers to release R$5.1bn (US$1.06bn) in funding to help efforts to contain and combat the coronavirus (Covid-19) outbreak.... Read More
* The economic policy secretariat (SPE) in Brazil’s economy ministry has released its latest macroeconomic overview in which it has, as expected, revised the country’s 2020 GDP growth forecast down to 2.1%, from 2.4% previously.... Read More
On 11 March, Uruguay’s new President Luis Alberto Lacalle Pou announced a series of measures aimed at reducing the public deficit and revitalising the national economy.... Read More
* Argentina’s sovereign bond risk spread, measured by JP Morgan, has continued its surge, peaking at 2,958 basis points on 11 March, its highest level since 2005.... Read More
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