Brazil Daily

The rich get richer in Covid-19 Brazil

Good morning! Brazil’s wealth gap gets even wider amid the pandemic. The Real peeks its head above the USD 1: BRL 5 mark. Family farmers feeling the pinch in new rural credit program.

Pandemic made Brazil’s top 1 percent even richer

wealth gap brazil
Photo: Rafastockbr/Shutterstock

The coronavirus crisis is set to put Brazil back on the Hunger Map, with over half of households facing some sort of food insecurity. Meanwhile, on the other end of the social pyramid, the crisis has barely been felt. In fact, Brazil’s top 1 percent increased its share of the total wealth produced in the country. Now, just over...

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