72-12-2019 Latin American Economy & Business Report
Economy & Business Report
Trade set to decline across Latin America
Hundreds of thousands took to the streets across Brazil. The most impressive demonstration took place in São Paulo, where around 200,000 marched down Avenida Paulista. Worryingly, from the perspective of the ruling Partido dos Trabalhadores (PT), the participants there were somewhat more heterogeneous in terms of income, race and age than elsewhere in Brazil, where protesters were fewer, whiter and wealthier. São Paulo is an opposition stronghold, however, and a Datafolha survey showed afterwards that 82% of those present had supported Aécio Neves, the opposition presidential candidate in October’s election.
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