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COUNTRY INSIGHTS

Congress's fight against the coronavirus crisis and other weekly topics
BRAZIL POLITICS · Report · 30 Mar 2020

The deadline for creation of political parties and party affiliations ahead of the October elections is April 4. Representative Rodrigo Maia may conclude a constitutional amendment proposal on the “war budget”, which would give the government greater flexibility to tackle the crisis created by th...

Coronavirus: Government launches measures to help small and medium-sized companies
BRAZIL POLITICS · Report · 27 Mar 2020

The presidents of the Central Bank, Roberto Campos Neto, Caixa Econômica Federal, Pedro Guimarães, and BNDES, Gustavo Montezano, announced a series of measures to help small and medium-sized companies, in addition to people economically affected by the coronavirus. The creation of an emergency...

Bolsonaro “embraces” the defense of the economy, and Congress articulates its agenda
BRAZIL POLITICS · Report · 26 Mar 2020

President Jair Bolsonaro continues to send signals to his electoral base. Today, March 26, he signed a decree that makes religious activities of any nature part of the list of essential activities amid the coronavirus crisis. The presidential decree also includes lottery houses, which also perfor...

Datafolha shows pessimism about the economy
BRAZIL POLITICS · Report · 24 Mar 2020

The coronavirus pandemic has led to pessimism in the population in relation to the economy. According to a Datafolha poll released today, March 24, 79% of respondents estimate that the Brazilian economy “will be greatly affected by the crisis." Fifty percent believe that the pandemic will damage ...

Measures announced by the Central Bank total R$ 1.216 trillion
BRAZIL POLITICS · Report · 23 Mar 2020

Another set of measures was announced today by the government. To combat the negative effects of the coronavirus epidemic on the financial system, the Central Bank (BC) announced the availability of R$ 1.216 trillion for Brazilian banks. The figure, released today by the BC itself, is equivalent ...

The political and economic consequences of COVID-19 and other weekly topics
BRAZIL POLITICS · Report · 23 Mar 2020

New measures to mitigate the economic effects of the coronavirus are expected. CNI/Ibope may release a new opinion poll about the government. The Lower House will implement its online voting system. On Wednesday, the IBGE releases partial inflation results for March (IPCA-15). This week’s Talk...

Coronavirus update - the Health Minister's statements and additional measures
BRAZIL POLITICS · Report · 20 Mar 2020

As of today, according to the Ministry of Health, there are 699 confirmed cases of coronavirus in Brazil, and eight fatalities. It is important to note that the Ministry will no longer release the number of suspected or dismissed cases, only confirmed cases. The Ibovespa closed at 66, 800, down 2...

Coronavirus - latest measures
BRAZIL POLITICS · Report · 19 Mar 2020

As of today, the Ministry of Healthcare has announced that there are 428 coronavirus cases in Brazil, with suspected cases at 11, 278, dismissed cases at 1,841, and seven deaths from the virus. The Ibovespa closed at 69.389 +3.58 and the dollar stood at 5.1. The business sector is mobilizing t...

President Bolsonaro gives a press conference, and more measures to combat the virus are announced
BRAZIL POLITICS · Report · 18 Mar 2020

For the first time since the coronavirus pandemic took hold, this afternoon President Jair Bolsonaro gave a press conference, accompanied by ministers who are part of the Executive’s Crisis Committee. The initiative comes after criticism on social media as well as protests that took place against...

More economic measures in Brazil to combat the impact of the coronavirus
BRAZIL POLITICS · Report · 17 Mar 2020

It is evident that the federal government´s engagement is increasing. Yesterday the government decided to create a crisis cabinet in the presidency, coordinated by the chief minister of the Civil House, General Braga Netto, along with sixteen other ministers, the president of the Central Bank, th...

Coronavirus measures - an update
BRAZIL POLITICS · Report · 16 Mar 2020

President Jair Bolsonaro continues to fuel controversy with the Speakers of the House and the Senate over budgeting issues. In a radio interview on March 16, he said that he welcomes with open arms an understanding with the leaders of the Congress about the matter. Meanwhile, the government is di...

Measures to combat the coronavirus
BRAZIL POLITICS · Report · 16 Mar 2020

Several companies throughout the country are beginning to establish work-from-home policies. Classes in schools and universities are being suspended. There are doubts as to whether the National Congress will function over the next few weeks. The government will announce new measures to contain th...

Tension between the branches and other weekly topics
BRAZIL POLITICS · Report · 09 Mar 2020

Minister Paulo Guedes is expected to send a Tax Reform proposal to Congress. On Wednesday, March 11, he will take part in a public hearing in the Joint Committee on Tax Reform. Revised GDP projections for 2020 will be released. Congress analyzes bills from the Executive on the Compulsory Budget. ...

Institutional dispute threatens Tax Reform and other weekly topics
BRAZIL POLITICS · Report · 02 Mar 2020

The 2019 GDP results are the highlight of the economic agenda. Due to the coronavirus, the Ministry of Economy has downgraded projections for 2020 GDP growth. News of the video shared by Jair Bolsonaro calling for protests against Congress and in support of the government on March 15 continues to...

Brazilian Politics
BRAZIL POLITICS · Report · 17 Feb 2020

This is the week before Carnaval but there are important events on the agenda. Jair Bolsonaro will install Gen. Walter Braga Netto as his Chief of Staff and Onyx Lorenzoni as Minister of Social Development. In the Senate, the CCJ may vote on the Funds Amendment. The Joint Committee on Tax Refo...

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