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🔔 The dashboard: Brazil’s benchmark stock index Ibovespa was up by 1.35 percent this week. Meanwhile, the Brazilian Real gained 1.40 percent against the U.S. Dollar this week.
- Biggest gains: Via (retail), +28.5 percent.
- Biggest drops: Gol (tourism), -7.73 percent.
Interest on Brazilian bonds at its highest since 2016
House Speaker Arthur Lira, an ally of President Jair Bolsonaro, postponed a floor vote on a constitutional amendment bill that would place Brazil under a state of emergency. The proposal would allow the president BRL 41.2 billion (USD 7.7 billion) in extra spending on stimulus programs and social policies. It seems though…
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