Brazil

The political and corporate casualties are still mounting, with further revelations likely to come

The battered Brazilian government is coming under fire at home for its ties with the shambolic government in Caracas

An unpopular president will struggle to pass unpopular measures at a time when full-year recession seems inevitable

Both sides have a range of priorities that make rapid rapprochement desirable

Poor performance in leading economies will hurt the region, with Brazil, Argentina and Venezuela in recession this year

Policy measures aimed at curbing inflation and avoiding a rating downgrade are running into trouble

The newly launched concession programme is vague, and hopes of a rapid impact on growth are over-optimistic

Infrastructure concessions may struggle to find investors as a result of uncertainty and the Petrobras scandal