Brazil has become a coronavirus hot spot and the mayor of Sao Paulo warns the health care system is near collapse. Meanwhile, the country's president continues to flout social distancing requests.
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Bolsonaro snaps photos with kids at Brazil protest defying health adviceWearing a face mask, Brazil's President Jair Bolsonaro posed for photographs with kids plucked out of a crowd of supporters on Sunday, disregarding public health advice aimed at containing one of the world's worst coronavirus outbreaks.
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Brazil 2020 GDP consensus falls to -5.1% in biggest drop on record: surveyBrazil's economy is expected to shrink by more than 5% this year, a weekly central bank survey of economists showed on Monday, which would be the biggest annual downturn since records began in 1900.
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Cinemark Analyst Downgrades Stock on Film Slate, Reopening, Brazil IssuesA Wall Street analyst cut his rating on the stock of exhibitor Cinemark from 'buy' to 'neutral,' citing 'uncertainty around key state opening timelines,' the second-half film slate and a 'worsening COVID-19 situation in Brazil.' More details:
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