Policy balance
The recent appointment of Sanjay Malhotra as Governor of the Reserve Bank of India (RBI), replacing Shaktikanta Das, signals a pivotal shift in India’s monetary policy dynamics.
Brazil President Jair Bolsonaro has again tested positive for coronavirus, according to the media report on Wednesday.
Bolsonaro, who at 65 is in a high risk group, said he would remain in quarantine at his official residence in Brasilia from where he would continue to work by video conference.
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The far-right president, who has caused huge controversy in Brazil for repeatedly flouting lockdown measures in place to curb the spread of the virus, first tested positive a week ago.
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Earlier this month, the president said all the previous test results are negative, but did not give any proof to support his statements.
On July 4, Bolsonaro exercised his veto power to water down parts of a national law that would require the use of face masks on public transportation, in commercial and religious places and other enclosed public spaces.
Since his diagnosis on July 7, Bolsonaro has been confined to the presidential palace alongside other people that have already contracted the virus.
It’s a far cry from his regular daily routine that includes leaving the residence to greet his supporters, often while ignoring social distancing measures and without wearing a face mask.
Bolsonaro tested negative for the coronavirus after several aides were diagnosed following a visit to US President Donald Trump’s Mar-a-Lago, Florida, estate in March.
Brazil is the second worst affected country in the world by the coronavirus after the United States, with more than 74,000 dead and 1.9 million cases.
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