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15 May 2020 Edition - 09/20
The Editor regrets that the 15 May 20 Edition is being published in reduced form due to logistical and technical difficulties stemming from the Covid-19 Health Emergency and resultant National Lockdowns.  We wish our readers and contributors all the very best in these difficult times.

The Government of Brazil, through its Embassy in Wellington, chartered a LATAM Airlines Boeing 787-9 Dreamliner for a humanitarian flight to repatriate Brazilian nationals stranded in New Zealand in the wake of restrictions imposed to contain the spread of COVID-19.

Click Here for Embassy of Brazil Statement and Full Details

The Government will spend up to $50b fighting the Coronavirus crash with a massive injection of funding for jobs, training, and infrastructure with $15.9b of the giant fund allocated in Thursday's Budget.

At the centre of this spending is a focus on keeping people in work through a sudden and deep recession, with a $3.2b targeted extension to the wage subsidy scheme for a further eight weeks, $3b in infrastructure investment with 8000 new public homes being built, and $1.6b for trades and apprenticeship training.

Treasury expects this spending to save 140,000 jobs over the next two years, but for unemployment to still bounce up to 9.8 per cent in September, thanks to the economy shrinking by as much as a fifth in the three months to June. Click here for Full Details

New Zealand Government 2020 Budget
Finance Minister Hon Grant Roberstson
Muralism in Mexico represents one of the world’s great art movements. Sparked partially by a trio of renowned painters in the 1920s, Mexico’s vibrant tradition of public art now reaches well beyond its borders — and into our own times. Jeffrey Brown reports for Canvas, our ongoing arts and culture series.- Click Here for Video
'Latin American Business Digest' © is a free fortnightly E-digest covering New Zealand - Latin American Business, Economics & Video published by Manning Group Limited & edited by Thomas Manning
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