Coronavirus: Brazil risks ‘economic collapse’ in COVID-19 lockdown

Brasilia: Brazil could face “economic collapse” in a month’s time due to lockdown measures to stem the coronavirus outbreak, with food shortages and “social disintegration,” Economy Minister Paulo Guedes warned Thursday.

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“Within about 30 days there may start to be deficiencies on (store) shelves and production may become disorganized, leading to a system of economic collapse, of social disorder,” said Guedes.

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