IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL5.05▼ 0.38% USD/MXN17.40▼ 0.10% USD/CLP936.88▲ 0.13% USD/COP3,205▼ 1.57% USD/PEN3.40▲ 0.08% USD/ARS1,482▲ 0.30% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.10▼ 0.17% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.33▲ 0.25% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.95% BRENT 94.32 ▲ 3.64% WTI 87.07 ▲ 2.54% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.48% GOLD 4,140 ▲ 1.69% SILVER 60.16 ▲ 2.25% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.04 ▼ 0.06% PETR4 42.50 ▲ 2.02% VALE3 75.02 ▲ 3.85% ITUB4 42.86 ▲ 0.78% BBDC4 18.92 ▲ 1.99% ABEV3 16.11 ▲ 1.96% BBAS3 21.07 ▲ 0.91% B3SA3 15.85 ▲ 4.48% WEGE3 46.50 ▲ 9.49% PRIO3 59.88 ▲ 2.92% SUZB3 42.50 ▲ 2.09% RENT3 37.31 ▲ 2.08% AZZA3 17.56 ▲ 0.46% CSAN3 3.94 ▲ 4.23% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.90 ▲ 1.83% PSSA3 55.37 ▲ 3.53% CVCB3 1.28 ▲ 14.29% POSI3 3.73 ▲ 1.36% SLCE3 13.89 ▲ 1.02% NATU3 8.73 ▲ 0.23% BRKM5 6.02 ▲ 5.43% RANI3 8.02 ▲ 1.65% CSNA3 5.40 ▲ 6.72% CMIN3 5.88 ▲ 5.38% USIM5 8.67 ▲ 2.48% GGBR4 23.82 ▲ 1.40% ENEV3 25.98 ▲ 2.20% CPFE3 46.57 ▲ 0.37% CMIG4 11.20 ▲ 1.63% EQTL3 39.54 ▲ 1.83% LREN3 13.49 ▲ 1.66% VIVT3 35.39 ▼ 1.15% RAIL3 13.59 ▲ 2.64% KLABIN 17.94 ▲ 1.99% RAIA DROGASIL 18.40 ▲ 1.49% RDOR3 34.54 ▲ 1.83% HAPV3 11.51 ▲ 2.40% FLRY3 16.63 ▲ 0.48% SMTO3 16.09 ▲ 3.27% UGPA3 32.79 ▲ 3.05% VBBR3 34.80 ▲ 2.50% BBSE3 42.77 ▲ 2.94% BPAC11 57.21 ▲ 3.32% CURY3 30.21 ▲ 0.87% AERI3 2.05 ▲ 0.49% VIVARA 21.58 ▲ 0.79% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.81 ▼ 1.47% ASAI3 8.39 ▲ 1.70% SBSP3 29.40 ▲ 2.80% WALMEX 48.62 ▼ 1.08% GMEXICO 214.49 ▲ 2.64% FEMSA 227.59 ▲ 0.37% CEMEX 22.17 ▲ 0.45% GFNORTE 190.12 ▲ 2.33% BIMBO 60.17 ▲ 1.31% TELEVISA 9.83 ▲ 0.72% AMX 22.65 ▼ 0.48% GAP 376.26 ▼ 0.60% ASUR 272.16 ▼ 1.02% OMA 229.21 ▲ 1.30% KOF 183.39 ▲ 1.62% GRUMA 279.74 ▼ 1.01% KIMBER 38.92 ▲ 1.35% SQM-B 65,135 ▲ 0.92% COPEC 6,540 ▲ 1.40% BSANTANDER 79.71 ▲ 0.89% FALABELLA 6,008 ▲ 1.50% ENELAM 84.51 ▼ 0.02% CENCOSUD 2,015 ▼ 0.64% CMPC 1,075 ▼ 0.84% BANCO CHILE 193.20 ▲ 1.68% LATAM AIR 23.97 ▼ 0.95% YPF 82,500 ▲ 2.33% GGAL 8,290 ▲ 4.08% PAMPA 5,625 ▲ 2.74% TXAR 674.00 ▼ 0.74% ALUAR 971.00 ▼ 0.21% TGS 9,925 ▲ 2.21% CEPU 2,418 ▲ 3.33% MIRGOR 16,950 ▲ 1.04% COME 43.21 ▲ 0.79% LOMA NEGRA 3,855 ▲ 6.93% BYMA 296.50 ▲ 1.45% TELECOM ARG 4,415 ▲ 3.76% ECOPETROL 16.77 ▲ 1.45% BANCOLOMBIA 84.84 ▲ 1.43% GRUPO AVAL 5.01 ▼ 1.67% CREDICORP 389.72 ▼ 0.35% SOUTHERN COPPER 193.88 ▲ 3.12% BUENAVENTURA 32.01 ▲ 2.43% MERCADOLIBRE 1,804 ▼ 1.05% NUBANK 14.45 ▲ 0.38% XP 17.25 ▲ 2.34% PAGSEGURO 9.68 ▲ 0.99% STONE 11.31 ▲ 0.49% GLOBANT 30.93 ▼ 3.64% TECNOGLASS 44.92 ▼ 0.52% GAP AIRPORT 216.70 ▼ 0.45% ASUR 272.16 ▼ 1.02% OMA AIRPORT 105.38 ▲ 1.10% AMX ADR 26.01 ▼ 0.31% FEMSA ADR 130.92 ▲ 0.43% CEMEX ADR 12.73 ▲ 0.20% PETROBRAS ADR 18.95 ▲ 2.18% VALE ADR 14.82 ▲ 3.96% ITAU ADR 8.47 ▲ 0.77% SANTANDER BR 5.43 ▲ 0.37% AMBEV ADR 3.16 ▲ 1.55% CSN 1.08 ▲ 8.00% GERDAU 4.71 ▲ 1.51% LATAM ADR 51.09 ▼ 0.93% BTC 65,887 ▼ 0.93% ETH 1,927 ▼ 0.10% SOL 77.62 ▼ 0.63% XRP 1.14 ▼ 0.23% BNB 569.84 ▼ 0.66% ADA 0.17 ▲ 0.84% DOGE 0.07 ▼ 1.12% AVAX 6.60 ▲ 0.59% LINK 8.61 ▼ 0.39% DOT 0.84 ▼ 0.45% LTC 47.15 ▲ 0.71% BCH 219.33 ▼ 1.95% TRX 0.33 ▼ 0.36% XLM 0.19 ▼ 2.23% HBAR 0.07 ▲ 3.18% NEAR 1.86 ▼ 3.83% ATOM 1.47 ▼ 1.28% AAVE 97.80 ▲ 2.33% SELIC 14.25% EMBRAER 83.39 ▲ 0.90% EMBRAER ADR 66.07 ▲ 0.92% JBS 12.23 ▲ 2.30% JBS BDR 61.64 ▲ 2.36% MBRF3 16.17 ▲ 7.02% MBRFY 3.17 ▲ 7.46% INTER 5.69 ▲ 1.88% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.43% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.15 — 0.00% USD/CNY6.77▲ 0.09% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD1.14▲ 0.13% GBP/USD1.34▼ 0.45% SPX 7,505 ▼ 0.06% DJI 52,226 — 0.00% NDX 29,088 ▼ 0.23% RUT 2,957 ▼ 1.02% TSX 35,457 ▲ 0.25% VIX 16.92 ▼ 0.76% USD/CAD1.41▼ 0.15% US10Y 4.6570 ▲ 0.63% IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL 5.05 ▼ 0.36% USD/MXN 17.40 ▼ 0.10% USD/CLP 936.85 ▲ 0.12% USD/COP 3,205 ▼ 1.57% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,482 ▲ 0.30% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.10 ▼ 0.17% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.33 ▲ 0.25% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.92% BRENT 94.32 ▲ 3.64% WTI 87.07 ▲ 2.54% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.48% GOLD 4,140 ▲ 1.69% SILVER 60.16 ▲ 2.25% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.04 ▼ 0.06% PETR4 42.50 ▲ 2.02% VALE3 75.02 ▲ 3.85% ITUB4 42.86 ▲ 0.78% BBDC4 18.92 ▲ 1.99% ABEV3 16.11 ▲ 1.96% BBAS3 21.07 ▲ 0.91% B3SA3 15.85 ▲ 4.48% WEGE3 46.50 ▲ 9.49% PRIO3 59.88 ▲ 2.92% SUZB3 42.50 ▲ 2.09% RENT3 37.31 ▲ 2.08% AZZA3 17.56 ▲ 0.46% CSAN3 3.94 ▲ 4.23% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.90 ▲ 1.83% PSSA3 55.37 ▲ 3.53% CVCB3 1.28 ▲ 14.29% POSI3 3.73 ▲ 1.36% SLCE3 13.89 ▲ 1.02% NATU3 8.73 ▲ 0.23% BRKM5 6.02 ▲ 5.43% RANI3 8.02 ▲ 1.65% CSNA3 5.40 ▲ 6.72% CMIN3 5.88 ▲ 5.38% USIM5 8.67 ▲ 2.48% GGBR4 23.82 ▲ 1.40% ENEV3 25.98 ▲ 2.20% CPFE3 46.57 ▲ 0.37% CMIG4 11.20 ▲ 1.63% EQTL3 39.54 ▲ 1.83% LREN3 13.49 ▲ 1.66% VIVT3 35.39 ▼ 1.15% RAIL3 13.59 ▲ 2.64% KLABIN 17.94 ▲ 1.99% RAIA DROGASIL 18.40 ▲ 1.49% RDOR3 34.54 ▲ 1.83% HAPV3 11.51 ▲ 2.40% FLRY3 16.63 ▲ 0.48% SMTO3 16.09 ▲ 3.27% UGPA3 32.79 ▲ 3.05% VBBR3 34.80 ▲ 2.50% BBSE3 42.77 ▲ 2.94% BPAC11 57.21 ▲ 3.32% CURY3 30.21 ▲ 0.87% AERI3 2.05 ▲ 0.49% VIVARA 21.58 ▲ 0.79% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.81 ▼ 1.47% ASAI3 8.39 ▲ 1.70% SBSP3 29.40 ▲ 2.80% WALMEX 48.62 ▼ 1.08% GMEXICO 214.49 ▲ 2.64% FEMSA 227.59 ▲ 0.37% CEMEX 22.17 ▲ 0.45% GFNORTE 190.12 ▲ 2.33% BIMBO 60.17 ▲ 1.31% TELEVISA 9.83 ▲ 0.72% AMX 22.65 ▼ 0.48% GAP 376.26 ▼ 0.60% ASUR 272.16 ▼ 1.02% OMA 229.21 ▲ 1.30% KOF 183.39 ▲ 1.62% GRUMA 279.74 ▼ 1.01% KIMBER 38.92 ▲ 1.35% SQM-B 65,135 ▲ 0.92% COPEC 6,540 ▲ 1.40% BSANTANDER 79.71 ▲ 0.89% FALABELLA 6,008 ▲ 1.50% ENELAM 84.51 ▼ 0.02% CENCOSUD 2,015 ▼ 0.64% CMPC 1,075 ▼ 0.84% BANCO CHILE 193.20 ▲ 1.68% LATAM AIR 23.97 ▼ 0.95% YPF 82,500 ▲ 2.33% GGAL 8,290 ▲ 4.08% PAMPA 5,625 ▲ 2.74% TXAR 674.00 ▼ 0.74% ALUAR 971.00 ▼ 0.21% TGS 9,925 ▲ 2.21% CEPU 2,418 ▲ 3.33% MIRGOR 16,950 ▲ 1.04% COME 43.21 ▲ 0.79% LOMA NEGRA 3,855 ▲ 6.93% BYMA 296.50 ▲ 1.45% TELECOM ARG 4,415 ▲ 3.76% ECOPETROL 16.77 ▲ 1.45% BANCOLOMBIA 84.84 ▲ 1.43% GRUPO AVAL 5.01 ▼ 1.67% CREDICORP 389.72 ▼ 0.35% SOUTHERN COPPER 193.88 ▲ 3.12% BUENAVENTURA 32.01 ▲ 2.43% MERCADOLIBRE 1,804 ▼ 1.05% NUBANK 14.45 ▲ 0.38% XP 17.25 ▲ 2.34% PAGSEGURO 9.68 ▲ 0.99% STONE 11.31 ▲ 0.49% GLOBANT 30.93 ▼ 3.64% TECNOGLASS 44.92 ▼ 0.52% GAP AIRPORT 216.70 ▼ 0.45% ASUR 272.16 ▼ 1.02% OMA AIRPORT 105.38 ▲ 1.10% AMX ADR 26.01 ▼ 0.31% FEMSA ADR 130.92 ▲ 0.43% CEMEX ADR 12.73 ▲ 0.20% PETROBRAS ADR 18.95 ▲ 2.18% VALE ADR 14.82 ▲ 3.96% ITAU ADR 8.47 ▲ 0.77% SANTANDER BR 5.43 ▲ 0.37% AMBEV ADR 3.16 ▲ 1.55% CSN 1.08 ▲ 8.00% GERDAU 4.71 ▲ 1.51% LATAM ADR 51.09 ▼ 0.93% BTC 65,887 ▼ 0.93% ETH 1,927 ▼ 0.10% SOL 77.62 ▼ 0.63% XRP 1.14 ▼ 0.23% BNB 569.84 ▼ 0.66% ADA 0.17 ▲ 0.84% DOGE 0.07 ▼ 1.12% AVAX 6.60 ▲ 0.59% LINK 8.61 ▼ 0.39% DOT 0.84 ▼ 0.45% LTC 47.15 ▲ 0.71% BCH 219.33 ▼ 1.95% TRX 0.33 ▼ 0.36% XLM 0.19 ▼ 2.23% HBAR 0.07 ▲ 3.18% NEAR 1.86 ▼ 3.83% ATOM 1.47 ▼ 1.28% AAVE 97.80 ▲ 2.33% SELIC 14.25% EMBRAER 83.39 ▲ 0.90% EMBRAER ADR 66.07 ▲ 0.92% JBS 12.23 ▲ 2.30% JBS BDR 61.64 ▲ 2.36% MBRF3 16.17 ▲ 7.02% MBRFY 3.17 ▲ 7.46% INTER 5.69 ▲ 1.88% EGX 53,932 ▼ 0.11% USD/ZAR 16.40 ▼ 0.35% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.15 — 0.00% USD/CNY 6.7725 ▲ 0.23% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3373 ▼ 0.04% SPX 7,505 ▼ 0.06% DJI 52,226 — 0.00% NDX 29,088 ▼ 0.23% RUT 2,957 ▼ 1.02% TSX 35,457 ▲ 0.25% VIX 16.92 ▼ 0.76% USD/CAD 1.4087 ▼ 0.13% US10Y 4.6570 ▲ 0.63%
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Politics - Brazil Rio de Janeiro

Protest Against Austerity Measures Turns Violent in Brazil

By · November 30, 2016 · 2 min read

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – On Tuesday, November 29th, while thousands protested outside Brazil’s Congress building, the Brazilian Senate approved a Constitutional Amendment (Pec 55 in Senate PEC 241 in Chamber of Deputies) that would limit government spending for the next twenty years. Demonstrators turned violent during the early evening hours, and police threw tear gas to disperse the crowd.

Brazil,Police clash with demonstrators in Brasilia on Tuesday,
Police clash with demonstrators in Brasilia on Tuesday, photo by Fabio Pozzebom Agencia Brasil.
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According to police officials, at least ten thousand people gathered on the lawn of Brazil’s Congress during the day to pressure senators to reject the bill, which has already passed through the Chamber of Deputies. The Senate voted 61 for and 14 against the bill.

Brazil’s President, Michel Temer, criticized the violent protests stating that government has always been open to dialogue, but will not accept the destruction of public and private property. “Intolerance is not a form of democratic expression and can not be an instrument to put pressure on Congress,” President Temer said through his presidential spokesman, Alexandre Parola.

As the day wore on, a smaller group of demonstrators became more violent, turning against journalists covering the protest. A media outlet vehicle was turned over by a group of protesters, who also tore down signs, put fire to trashcans and spray-painted graffiti on ministry buildings.

The Ministries of Education, Sports and Agrarian Development had their windows broken and air-conditioning units damaged by demonstrators. Demonstrators spray-painted the outside walls of the National Museum and the National Cathedral.

As the violence escalated, police tried to contain the crowd by throwing tear gas at protesters, but the group was only dispersed late on Tuesday night.

The bill proposes to limit the Union’s primary expenditure starting in 2017 to that spent the previous year. According to government officials, the objective of the amendment is to contain the recent surge in primary spending, which grew six percent above inflation between 2008 and 2015. The bill now needs to be approved in a second round of voting in the Senate, scheduled for December 13th, and then go for Presidential sanction to become a law.

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