Brazil Daily

Can we trust Brazil’s post-reopening recovery?

We’re covering today the positive economic indicators of May — is the recovery real? Facebook strikes down a pro-Bolsonaro disinformation network. And VP Mourão meets with CEOs to talk about the Amazon.

Is Brazil’s recovery real?

Brazilian economic indicators for May are better than expected and have elicited some excitement among the markets. Retail sales recorded “the biggest spike in 20 years,” industrial production was up in nearly all surveyed areas, and estimates for grain production are also positive. However, it is still too soon to pop the corks.

  • May results are indeed quite positive — if compared to April,...
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