Pandemic-Induced Bankruptcies and Private Equity's Business Model

Even those who can distance themselves are unsure whether to do so—in part because President Jair Bolsonaro mocks the science and rails against lockdowns. The private-equity industry has ballooned since the last financial crisis; does that make it weaker or stronger in this one? And our correspondent investigates a Mexican-mummy mystery. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer

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