Ministry of Health of Brazil raised the risk rating to "imminent danger" after confirming 3 patients suspected of having the coronavirus (2019-nCoV) in Minas Gerais, Paraná and Rio Grande do Sul

Ministry of Health of Brazil raised the risk rating to "imminent danger" after confirming 3 patients suspected of having the coronavirus in Minas Gerais, Paraná and Rio Grande do Sul. 

Today, according to the Poder360 website, Anvisa (National Health Surveillance Agency of Brazil) has created 1 public health emergency group to conduct actions related to the new coronavirus. The team was created through an ordinance published in the Diário Oficial da União (an official government publication) today.

Today, the Paraná Department of Health has ruled out a suspected coronavirus case in Curitiba. Until yesterday, two patients were admitted to hospitals in the capital of Paraná with the suspicion of having contracted the disease. According to the folder, the patient had influenza of the Influenza B subtype, which was detected in tests.

The second case of coronavirus is still under investigation in Curitiba. It is a 23-year-old woman who is at the Hospital das Clínicas. She traveled to China in the past few days.

According to the Brazilian Ministry of Health, the three patients under observation who are in Curitiba (Paraná), Belo Horizonte (Minas Gerais) and Porto Alegre (Rio Grande do Sul) fit the current definition of suspected cases for nCoV-2019 (the coronavirus) established by WHO (World Health Organization).

BTG Pactual (BPAC11) shows a profit of R$ 1 billion in first-quarter 2019

On the balance sheet presented today, Banco BTG Pactual posted a profit of R$ 1 billion in the second quarter of 2019, up 50.2% over the same period in 2018, when it posted a profit of R$ 685 million.

According to the website Poder360, "the company's net operating revenue totaled R$ 2.2 billion, up 76.2% from R $ 1.2 billion in the second quarter of 2018. Adjusted earnings per share were R$ 1.18 and the annualized return on average equity reached 20.6% in the quarter."

Huawei announces the construction of U$ 800 million factory in Sao Paulo State, in Brazil, to produce 5G smartphones

According to the website Poder360, the Chinese mobile company Huawei has announced that it will build another factory in Brazil, in the state of Sao Paulo. The total investment will be 800 million dollars and is expected to take place between 2020 and 2022. The Chinese giant wants to participate in the 5G auction, which the Brazilian government intends to make by the end of the first half of 2020.

Huawei aims to supply the domestic market and all of South America with devices prepared for the latest generation network.

Huawei currently has factories in two Brazilian cities: Manaus (AM), where it produces fiber optic services, and Sorocaba (SP), where it employs 2,000 people in a factory that produces infrastructure to support telephone operators.

President of the Brazilian Central Bank announces structural measures to simplify the currency exchange in the country

Roberto Campos Neto, the president of the Central Bank of Brazil, said that the bank will announce, on Wednesday (29.May.2019), a bill to simplify the currency exchange in Brazil.

The idea is to create a 100% convertible currency capable of becoming a reference for the region. According to Campos Neto, there is a lot of demand for accounts in reais (the Brazilian currency) in small countries that do business in Brazil. Brazil has this vocation. If we reach maturity, with controlled inflation, low interest, we will have scope to expand the currency. But for this, it is important to have a convertible currency.

Asked by the site Poder360 if Brazil was headed towards a great depression, Campos Neto replied: "we do not work with this scenario". He thinks that this is unlikely, given the pent-up demand in Brazil. 

However, according to Bloomberg, Brazil's GDP in the first quarter should show a decline in the quarterly comparison. This decline could interrupt the series of eight consecutive quarters of advancement.