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Novel Coronavirus Cuts Income of Half of All Brazilians, Says Research Study

RIO DE JANEIRO, BRAZIL - With less than 30 days of quarantine and amid a scenario in which the return to social contact still seems distant, more than half of all Brazilians are feeling the impact of the novel coronavirus pandemic in their pockets.

Research by the Locomotiva Institute shows that 51 percent of people claim to have lost income and are already limiting their spending.

According to the study, the impact of the crisis is virtually the same among men and women. However, by age group, it mostly affects the pockets of workers who are 50 or older (52 percent . . .

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