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Free AccessBolsonaro On Emergency Aid, State of Public Calamity Extended
President Jair Bolsonaro confirmed yesterday that emergency aid will not continue in 2021. The president said that the country went into debt to contain the pandemic and "reached the limit" in relation to emergency aid.
- Yesterday, Caixa Econômica Federal paid the last instalment of emergency aid to 3.2 million people, ending the payment schedule.
On a Sao Paulo beach, Bolsonaro greeted dozens of people, held children and recorded videos with his supporters. Continuing to downplay the virus with his actions and his words, the president said, "ask God for everything to return to normal" and made an appeal to some governors who, in his words, "insist on closing everything".
- This comes as Brazil register another 57,000+ cases and register over a thousand deaths in the past 24 hours.
*Separately, Brazil's Supreme Court Justice Ricardo Lewandowski has decided to extend the state of public calamity triggered by the Covid-19 outbreak, CNN Brasil reported without disclosing how it obtained the information.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.