Back

LatinNews Regional Monitor: Brazil & Southern Cone - 16 March 2020

From LatinNews Daily
On 15 March, thousands of Brazilians took to the streets of cities across the country to express their support for President Jair Bolsonaro and rejection of the country’s democratic institutions with which he often clashes – with Bolsonaro himself breaking quarantine to join the event in Brasília.  ... Read More
* After a meeting with Brazil’s Economy Minister Paulo Guedes, the chief executives of state-owned banks Banco do Brasil (BB) and Caixa Econômica Federal (Caixa) have announced that they will make credit available to businesses which run into financial difficulties as a consequence of the coronavirus (Covid-19) pandemic. Pedro Guimarães, CEO of Caixa, said that R$30bn (US$6.17bn) will be allocated to purchase credit portfolios and cover loans for the purchase of vehicles from medium-sized banks that are facing difficulties; R$40bn will cover working capital, principally for businesses in the real-estate sector and small and medium sized enterprises (SMEs); and R$5bn will be allocated to agricultural credit.... Read More
On 13 March Chile’s women’s & gender equality minister, Isabel Plá, tendered her resignation.... Read More
* Argentina’s President Alberto Fernández has announced the closure of all of the country’s borders for 15 days as an emergency measure to try to contain the spread of the coronavirus (Covid-19), but decided against imposing a country-wide quarantine, arguing that its impact on the domestic economy would be too severe.... Read More

End of preview

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.