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LatinNews Regional Monitor: Brazil & Southern Cone - 14 May 2020

From LatinNews Daily
On 13 May Chile’s health minister, Jaime Mañalich, announced that the entire Santiago Metropolitan Region (RM) would be put under a mandatory seven-day quarantine from 15 May following a sharp increase in confirmed coronavirus (Covid-19) cases.... Read More
On 13 May, the Brazilian government presented its revised forecast for 2020 GDP growth, according to which it expects the economy to contract by 4.7%.... Read More
* Brazil’s national statistics institute (Ibge) has released the latest figures for the retail sector, which show that sales fell 2.5% month-on-month in March 2020, and 1.2% year-on-year.... Read More
* Two Argentine economists have estimated that the first 42 days of national quarantine during the coronavirus (Covid-19) pandemic have cost the Argentine economy US$8.4bn in losses.... Read More

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