Brazil Daily

Latin America sliding into a deep recession, say banks

We’re covering the growing fears of recession in Latin America. Jair Bolsonaro mimicking Donald Trump. And the lack of control in Brazilian airports.

Recession up ahead for Brazil and Latin America

It appears that the Covid-19 crisis has finally sunk in for the Brazilian government. Except for the Health Ministry, the administration had resisted going all-in with measures to prevent an economic collapse. But as awareness about the virus goes up, recession gets closer. That is what Gregory Daco, chief U.S. economist at Oxford Economics, calls the “Lockdown Paradox.” The steps to prevent a full-scale health emergency—such as closing shops,...

Access all of The Brazilian Report

Less expensive than a coffee!

Enjoy your 30-day limited-time offer for US$ 0.25 a week