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LatinNews Regional Monitor: Brazil & Southern Cone - 26 March 2020

From LatinNews Daily
On 25 March, 26 of Brazil’s 27 state governors held a videoconference to discuss measures to contain the spread of the coronavirus (Covid-19), and agreed that they would maintain their social isolation measures despite President Jair Bolsonaro’s calls to lift them.  ... Read More
* Brazil’s central bank (BCB) has released the latest balance of payment figures, according to which Brazil’s current account recorded a US$3.9bn deficit in February this year, compared with a US$3.3bn deficit in February 2019.... Read More
On the evening of 25 March, ‘cacerolazos’ (pots-and-pans protests) could be heard across Uruguay’s capital Montevideo, at the initiative of the umbrella trade union Plenario Intersindical de Trabajadores-Convención Nacional de Trabajadores (Pit-CNT) which is demanding that the government do more to mitigate the economic impact of the coronavirus (Covid-19) pandemic in the country.... Read More
* Argentina’s national statistics institute (Indec) has released figures which show that the country’s GDP contracted 2.2% in 2019.... Read More

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