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LatinNews Regional Monitor: Brazil & Southern Cone - 12 May 2020
From LatinNews Daily
On 11 May, Brazil’s President Jair Bolsonaro announced that he had published a decree expanding the list of essential businesses, which can remain open despite isolation measures aimed at containing the coronavirus (Covid-19), to include gyms, beauty salons, and hairdressers.... Read More
* The labour secretariat in Brazil’s economy ministry has announced that it received 748,484 requests for unemployment benefits in April, a 22.1% increase on the number of unemployment benefits applications received in April 2019 and a 39.4% increase on applications logged in March 2020.... Read More
On 11 May Argentina’s President Alberto Fernández stressed that Argentina will not “bow down” to bondholders after his administration decided to extend the deadline for accepting its foreign debt restructuring offer.... Read More
* Paraguay’s finance ministry has reported that the central government’s fiscal deficit stood at G$4.32bn (US$663.6m) at the end of April.... Read More
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