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Brazil & Southern Cone - May 2020

Introduction
This May edition of the Latin American Regional Report: Brazil & Southern Cone is published shortly after the World Health Organization (WHO) declared South America as a new global epicentre of the coronavirus (Covid-19) pandemic.... Read More
Region
The global nature of the coronavirus (Covid-19) pandemic has both highlighted the importance of international cooperation and prompted a retreat into nationalism by governments struggling to meet the needs of their health systems.... Read More
Argentina is either opting out of all future Southern Common Market (Mercosur) trade negotiations – as announced on 24 April – or, on the contrary, it is continuing to “advance jointly” with them – as it subsequently announced on 7 May.... Read More
Paraguay
Shaken by the coronavirus (Covid-19) health emergency and the emerging economic global recession, the Paraguayan economy will contract by somewhere between 1% and 2.5% this year.... Read More
Uruguay
Uruguay has so far avoided the worst of the coronavirus (Covid-19) pandemic, with infection and fatality rates remaining relatively low.... Read More
Brazil
As coronavirus (Covid-19) infections and deaths continue on a rising curve, there is confusion over Brazil’s economic policy direction.... Read More
In mid-March, indigenous leaders in Brazil decided to cancel this year’s Acampamento Terra Livre (ATL) annual indigenous gathering in Brasília, due to take place in the final days of April, over coronavirus (Covid-19) concerns.... Read More
Brazil’s public security authorities were able to claim a victory in April with the capture of one of the criminals on the justice & public security ministry’s (MJSP) 2020 ‘most wanted’ list.... Read More
Highlights
CHILE| Central bank approaches IMF.... Read More

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