This is Brazil by the Numbers, a weekly digest of the most interesting figures tucked inside the latest news about Brazil. A selection of numbers that help explain what is going on in Brazil. This week: Argentina’s GDP, coronavirus figures, Bolsonaro’s approval rating. And more.
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19-percent GDP slump in Argentina
Argentina’s official statistics agency (Indec) says the country’s GDP dropped 19.1 percent in Q2 2020 when compared to the same period in 2019. From Q1 2020, the quarterly contraction reached 16.2 percent — slightly better than most forecasts. The year-on-year change for Q2 2020 was even worse than the 2002 crisis, when Argentina faced one of its most dire economic moments in recent history, with five different presidents taking office in a matter of just two weeks. At that time, quarterly GDP shrank by 16.3 percent when compared to the previous year.
The Argentinian crisis is mainly motivated by the country’s never-ending quarantine — which started back in March.
7 players infected
This week, Rio de Janeiro-based club Flamengo became the textbook example of the dangers of a rushed return to football amid the Covid-19 pandemic. Most South American countries remain unable to control the coronavirus spread — and yet, the region’s football confederation Conmebol has resumed the Copa Libertadores continental club tournament. The confederation said it...
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