Housebound Brazilians banged pots and pans calling for President Jair Bolsonaro to step down over his handling of the escalating coronavirus crisis
RIO DE JANEIRO/SAO PAULO - The coronavirus outbreak hammered Brazil on Wednesday, crushing local markets, infecting more members of the country’s political elite and prompting loud protests against President Jair Bolsonaro, whose son waded into a diplomatic spat with China.
Bolsonaro says he has twice tested negative for the coronavirus, but 14 people in his entourage to Florida 10 days ago have tested positive. The fallout from the trip, in which he met U.S. President Donald Trump, haunts him. “Sadly, you are a person without any international vision or common sense,” it tweeted at him. “We suggest you don’t rush to become the U.S. spokesman in Brazil, or risk an ugly fall.”
The benchmark Bovespa stock index closed 10% lower, bond yields spiked and Brazil’s currency hit an all-time low of 5.2 per dollar before central bank measures in foreign exchange and bond markets helped to pare losses.
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