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LatinNews Regional Monitor: Brazil & Southern Cone - 19 March 2020

From LatinNews Daily
On 18 March, Brazil’s President Jair Bolsonaro presided over a press conference in which his government outlined the measures being taken to contain the spread of coronavirus (Covid-19) and mitigate the pandemic’s impact on the national economy.... Read More
* The monetary policy committee (Copom) of Brazil’s central bank (BCB) has cut the country’s benchmark interest rate (Selic) by half a percentage point, to 3.75%.... Read More
On 18 March Chile’s President Sebastián Piñera issued a decree declaring a 90-day state of exception due to catastrophe over the coronavirus (Covid-19) pandemic.... Read More
* Chile’s central bank (BCCh) has released new figures which show the country’s GDP registered growth of 1.1% in 2019, the slowest in recent years.... Read More

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