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LatinNews Regional Monitor: Brazil & Southern Cone - 27 April 2020

From LatinNews Daily
On 24 April Brazil’s justice & public security minister Sergio Moro resigned, sparking political upheaval as the government led by President Jair Bolsonaro battles the coronavirus (Covid-19) pandemic and accompanying economic crisis.... Read More
* The index for the São Paulo stock exchange (Bovespa) fell 5.45% on 24 April, tumbling 9.5% after Sergio Moro announced his resignation as Brazil’s justice & public security minister that morning, before recovering slightly but still closing the day at 77,330 points, its lowest point since 6 April.... Read More
On 24 April Chile’s President Sebastián Piñera announced that his government will set in motion a plan to lift lockdown progressively, restoring economic activity and reopening schools.... Read More
* The director of economic benefits at Paraguay’s social security institute (IPS), Pedro Halley, has reported that IPS’s revenues have fallen by between 20% and 30% due to the strict quarantine imposed by the government to slow the spread of the coronavirus (Covid-19).... Read More

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