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Brazil seeks flexible fiscal goal for 2021 amid crisis

Bloomberg Brazil’s economic team wants to adopt a flexible fiscal target for 2021 as uncertainties caused by the novel coronavirus make it difficult to estimate the impact of the crisis, according to four people with direct knowledge of the matter. The government has until April 15 to send a bill to Congress with forecasts for next year. The bill has ...

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JBS to shut Colorado beef plant

Bloomberg JBS SA, the world’s top meat company, will shutter its beef facility in Greeley, Colorado, through April 24 amid an outbreak of the coronavirus among plant employees and neighboring communities. The Greeley facility will wind down operations over the next two days with a diminished staff to ensure existing product in the facility can be used to support food ...

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Crisis gives Germany sense of vindication for ‘black zero’

Bloomberg Now Germany is deploying its financial firepower to fight the coronavirus crisis, convincing the country that it was wrong to shun budget deficits for many years just got even harder. The government of Europe’s biggest economy has long faced calls by officials from the International Monetary Fund (IMF) and the European Central Bank (ECB), to the US administration of ...

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