We’re covering states’ efforts to help the economy during the Covid-19 crisis amid the government’s absence. The latest presidential speech. And the worst quarter for Brazil’s stock market ever.
What states are doing for the economy while the government stalls
Congress approved a BRL 600 emergency salary to informal workers on Monday, but President Jair Bolsonaro has yet to sign it into law. On Tuesday, Economy Minister Paulo Guedes said there are many logistics involved in getting aid to people, and that “money doesn’t fall from the sky.” But the federal government has proven to be particularly slow to...
