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Some ease shutdowns, others extend them: more fiscal and monetary easing ahead
Weekly investor research
27 April 2020
Political uncertainty rises in Brazil after Justice Minister Sergio Moro’s resignation. South Africa announces a big fiscal stimulus as the IMF offers funding with no strings attached. Argentina uses grace period on Eurobond coupon payments. China announces mass testing for coronavirus to accelerate economic normalisation. Mexico cuts rates, increases liquidity and announces fiscal measures. South Korea boosts fiscal measures. Ghana ends lockdown. Benin repudiates debt moratorium.