Today, more new companies set up shop in Brazil than ever before. Congress looks to reinstate emergency aid, but markets are worried about how they plan to pay for it. Supreme Court Justice says government could be prosecuted for Manaus crisis.
Brazil sees an epidemic of entrepreneurship
The pandemic has driven the number of bankruptcies in Brazil to record-shattering levels. Still, never in history have so many new companies opened up for business. There were 3.36 million in 2020, taking the total tally of operating firms to 20 million, an all-time high. But the raw numbers could hide one...
