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LatinNews Regional Monitor: Brazil & Southern Cone - 22 April 2020
From LatinNews Daily
On 21 April, Brazil’s supreme court (STF) authorised the federal attorney general, Augusto Aras, to launch an investigation into demonstrations in support of a military intervention, which took place two days earlier.... Read More
* The United Nations Economic Commission for Latin America and the Caribbean (Eclac) has released its latest GDP forecasts, according to which Brazil’s GDP is projected to contract by 5.2% in 2020, as the region as a whole suffers what is predicted to be its biggest economic recession ever, with an average 5.3% contraction.... Read More
On 21 April Economy Minister Martín Guzmán said that Argentina cannot improve the debt restructuring offer it has made to holders of sovereign bonds issued under international law.... Read More
* The International Monetary Fund (IMF) has authorised the immediate release of a US$274m emergency assistance loan through its Rapid Financing Instrument (RFI) to help Paraguay address urgent balance of payments demands that have arisen due to the coronavirus (Covid-19) pandemic.... Read More
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