RIO DE JANEIRO, BRAZIL - The year 2021 did not begin well in Brazil. The number of Covid-19 infections has risen again. The rolling average of deaths again exceeds one thousand a day. This situation, coupled with the federal government's poor assertiveness in purchasing vaccines, has created a scenario of instability. Restrictions imposed in some major cities, such as São Paulo, Manaus and Belo Horizonte, are impacting the economy.
Tendências Consultancy projects that GDP will grow by 0.3% in the first quarter and be almost zero in the second. In other words, the economy will be . . .
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