We’re covering today how the coronavirus outbreak in China has infected Brazilian industries. The 5G auction process kicks off. A surprise firing in Jair Bolsonaro’s cabinet.
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The “China Effect”: coronavirus menaces Brazilian industry
While Brazil has yet to have a confirmed coronavirus infection, the economic effects of the outbreak are already being felt. Fears of infections have led a big chunk of China’s workforce to stay at home—either by choice or government imposition, as 50 million people have been quarantined. That has affected supply chains of many Brazilian factories: electronic...