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Senate Probe Hindering Reforms: Guedes

BRAZIL
  • BRL the global underperformer on Thursday with USDBRL closing on the highs of the session around 5.05. Political backdrop and position trimming ahead of today's payrolls figures and the US holiday weekend potentially at play.
  • Senate probe into the govt's handling of the pandemic is hindering reforms, Brazil's Economy Minister Paulo Guedes says in a virtual meeting with businessman Abilio Diniz. (BBG)
  • There is currently no political path for launching impeachment proceedings against Brazilian President Jair Bolsonaro, the head of the lower house said on Thursday, dashing threats to the under-pressure leader. (NP)

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