Today will be another horrible day for investors, as Asian markets have collapsed amid a sell-off spree. In Brazil, President Jair Bolsonaro asks supporters to postpone anti-Congress rallies, and the government announces its latest moves against Covid-19.
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Important
President Jair Bolsonaro’s Press Secretary Fábio Wajngarten tested positive for Covid-19 yesterday after taking part in a presidential visit to the U.S., which included a meeting with President Donald Trump. All members of the Brazilian delegation are being screened—including three members of the first family: the president himself, First Lady Michelle Bolsonaro, and Congressman Eduardo Bolsonaro. The results will be released today.
Meanwhile, Mr. Trump said he was “not concerned” of having been exposed to the virus.
Following coronavirus scare, Bolsonaro calls off anti-Congress rally
Until early in the week, President Jair Bolsonaro dismissed the dangers of the Covid-19 outbreak and incited supporters to take to the streets and protest against Congress and the Supreme Court on Sunday. But after the World Health Organization declared a global pandemic and his own press secretary tested positive for the virus, Mr. Bolsonaro decided to back down. In a live Facebook broadcast and later a...