IBOV 174,041.95 ▼ 1.52% IPSA 10,950.74 ▲ 0.31% IPC MEX 66,383.68 ▲ 0.21% MERVAL 3,283,854 ▼ 1.07% COLCAP 2,274.53 ▼ 0.38% BVL PERÚ 58,287.01 — — USD/BRL5.09▲ 0.06% USD/MXN17.42▼ 0.35% USD/CLP 948.45 — 0.00% USD/COP3,216▼ 0.05% USD/PEN3.40▼ 0.20% USD/ARS1,496▼ 0.03% USD/UYU40.14▲ 1.06% USD/PYG6,022▲ 1.17% USD/BOB11.18▲ 2.82% USD/DOP58.00▲ 0.80% USD/CRC449.17▲ 1.55% USD/GTQ7.63▲ 2.09% USD/HNL26.75▲ 1.31% USD/NIO 36.62 — 0.00% USD/VES740.37▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▲ 0.08% USD/TTD6.71▲ 0.68% EUR/BRL5.80▲ 0.12% BRENT 92.34 ▼ 4.59% WTI 84.99 ▼ 4.84% IRON ORE 161.91 — — COPPER 6.37 ▲ 0.82% GOLD 4,106 ▲ 0.93% SILVER 60.05 ▲ 2.38% SOY 1,240 ▼ 0.62% CORN 482.50 ▲ 3.93% WHEAT 676.50 ▼ 0.22% COFFEE 298.25 ▼ 3.60% SUGAR 14.76 ▲ 0.48% ORANGE JUICE 142.65 ▼ 2.83% COTTON 79.89 ▲ 0.06% COCOA 5,467 ▲ 3.13% BEEF 222.50 ▼ 1.29% CATTLE 341.45 ▼ 0.68% LITHIUM 67.81 ▼ 1.75% PETR4 42.21 ▼ 1.72% VALE3 75.24 ▼ 0.58% ITUB4 42.10 ▼ 1.08% BBDC4 18.48 ▼ 1.28% ABEV3 15.64 ▼ 1.76% BBAS3 20.35 ▼ 2.77% B3SA3 15.44 ▼ 1.34% WEGE3 45.99 ▲ 0.70% PRIO3 58.82 ▼ 2.84% SUZB3 41.84 ▼ 1.39% RENT3 36.89 ▼ 0.67% AZZA3 16.65 ▼ 2.35% CSAN3 3.80 ▼ 2.56% RAIZ4 0.26 ▼ 3.70% PCAR3 2.79 ▼ 2.79% GMAT3 3.79 ▼ 2.07% PSSA3 54.78 ▼ 0.72% CVCB3 1.34 ▲ 2.29% POSI3 3.55 ▼ 3.27% SLCE3 13.64 ▼ 0.94% NATU3 8.38 ▼ 2.10% BRKM5 6.10 ▼ 1.13% RANI3 7.95 ▲ 0.25% CSNA3 5.36 ▲ 1.13% CMIN3 5.69 ▼ 2.40% USIM5 8.48 ▼ 0.12% GGBR4 24.26 ▲ 0.83% ENEV3 24.90 ▼ 3.11% CPFE3 45.09 ▼ 2.44% CMIG4 10.98 ▼ 1.88% EQTL3 38.34 ▼ 1.74% LREN3 13.27 ▼ 0.75% VIVT3 35.47 ▲ 2.22% RAIL3 13.57 ▼ 2.79% KLABIN 17.52 ▼ 0.79% RAIA DROGASIL 17.98 ▼ 1.15% RDOR3 33.38 ▼ 0.86% HAPV3 9.92 ▼ 5.25% FLRY3 16.26 ▼ 1.93% SMTO3 15.05 ▼ 4.20% UGPA3 32.71 ▼ 2.04% VBBR3 35.10 ▼ 1.40% BBSE3 41.49 ▼ 2.15% BPAC11 54.67 ▼ 2.90% CURY3 29.35 ▼ 0.91% AERI3 2.04 ▲ 0.99% VIVARA 21.42 ▼ 0.14% COMPASS 24.76 ▼ 1.28% VAMOS 3.15 ▼ 1.87% SANB11 26.34 ▼ 1.09% ASAI3 7.85 ▼ 2.12% SBSP3 28.38 ▼ 1.29% WALMEX 48.00 ▲ 1.39% GMEXICO 207.28 ▼ 0.94% FEMSA 221.92 ▼ 0.19% CEMEX 21.18 ▼ 1.40% GFNORTE 193.04 ▲ 2.00% BIMBO 58.26 ▼ 1.39% TELEVISA 9.73 ▼ 0.61% AMX 22.80 ▲ 0.18% GAP 377.44 ▲ 0.26% ASUR 267.99 ▼ 0.69% OMA 226.14 ▼ 0.51% KOF 179.29 ▼ 0.23% GRUMA 268.70 ▼ 0.09% KIMBER 39.70 ▲ 1.10% SQM-B 65,350 ▼ 0.23% COPEC 6,330 ▲ 1.12% BSANTANDER 79.32 ▼ 0.85% FALABELLA 5,990 ▼ 1.12% ENELAM 85.49 ▲ 0.58% CENCOSUD 1,958 ▼ 0.51% CMPC 1,025 ▼ 2.47% BANCO CHILE 193.10 ▲ 1.25% LATAM AIR 23.88 ▲ 1.62% YPF 82,000 ▼ 0.58% GGAL 7,890 ▼ 0.69% PAMPA 5,515 ▼ 2.04% TXAR 675.00 ▼ 0.74% ALUAR 972.00 ▼ 1.07% TGS 9,765 ▼ 2.30% CEPU 2,365 ▼ 2.27% MIRGOR 16,525 ▼ 1.20% COME 42.41 ▼ 0.28% LOMA NEGRA 3,623 ▼ 3.78% BYMA 299.75 ▲ 2.48% TELECOM ARG 4,380 ▲ 1.27% ECOPETROL 16.01 ▼ 1.96% BANCOLOMBIA 86.01 ▼ 0.90% GRUPO AVAL 4.78 — 0.00% CREDICORP 388.77 ▲ 0.29% SOUTHERN COPPER 179.29 ▼ 1.61% BUENAVENTURA 30.91 ▼ 1.31% MERCADOLIBRE 1,801 ▲ 0.15% NUBANK 14.09 ▼ 0.70% XP 16.69 ▼ 0.83% PAGSEGURO 9.20 — 0.00% STONE 10.76 ▼ 2.00% GLOBANT 31.30 ▲ 2.25% TECNOGLASS 45.30 ▲ 3.57% GAP AIRPORT 216.28 ▲ 0.39% ASUR 267.99 ▼ 0.69% OMA AIRPORT 103.43 — 0.00% AMX ADR 26.01 ▲ 0.23% FEMSA ADR 127.12 ▲ 0.03% CEMEX ADR 12.06 ▼ 1.63% PETROBRAS ADR 18.77 ▼ 1.21% VALE ADR 14.79 ▼ 0.27% ITAU ADR 8.28 ▼ 0.84% SANTANDER BR 5.30 — 0.00% AMBEV ADR 3.06 — 0.00% CSN 1.08 ▲ 1.89% GERDAU 4.81 ▲ 0.84% LATAM ADR 50.15 ▲ 0.62% BTC 65,107 ▲ 1.24% ETH 1,944 ▲ 3.77% SOL 76.34 ▲ 2.57% XRP 1.11 ▲ 0.79% BNB 572.52 ▲ 0.71% ADA 0.16 ▲ 0.10% DOGE 0.07 ▲ 1.44% AVAX 6.71 ▼ 0.82% LINK 8.77 ▲ 4.80% DOT 0.82 ▲ 0.51% LTC 47.32 ▲ 1.75% BCH 215.74 ▲ 2.92% TRX 0.33 ▲ 0.05% XLM 0.18 ▲ 1.85% HBAR 0.07 ▼ 1.83% NEAR 1.84 ▲ 2.49% ATOM 1.39 ▲ 0.40% AAVE 100.94 ▲ 9.76% SELIC 14.25% EMBRAER 82.50 ▼ 1.08% EMBRAER ADR 64.93 ▼ 0.82% JBS 12.28 ▲ 1.24% JBS BDR 62.04 ▲ 0.36% MBRF3 14.84 ▼ 4.81% MBRFY 2.94 ▼ 0.34% INTER 5.29 ▼ 3.11% EGX 53,418 ▼ 1.06% USD/ZAR16.72▼ 0.68% USD/NGN 1,363 — 0.00% NIKKEI 64,143 ▼ 0.72% CSI300 4,649 ▼ 1.67% HSI 24,963 — 0.00% NIFTY 23,767 ▼ 0.43% KOSPI 6,707 ▲ 0.24% JCI 6,196 ▼ 1.88% USD/JPY163.53▼ 0.19% USD/CNY6.77▼ 0.10% DAX 25,099 ▲ 1.36% CAC 8,372 ▲ 0.88% FTSE 10,736 ▲ 0.91% MIB 51,802 ▲ 0.95% IBEX 19,585 ▲ 1.65% STOXX 644.51 ▲ 0.82% EUR/USD1.14▲ 0.40% GBP/USD1.34▲ 0.29% SPX 7,412 ▲ 0.05% DJI 51,947 ▲ 0.46% NDX 28,128 ▼ 1.15% RUT 2,930 ▼ 0.35% TSX 35,369 ▲ 0.50% VIX 18.58 ▼ 0.64% USD/CAD1.41▼ 0.14% US10Y 4.6790 ▼ 0.51% IBOV 174,041.95 ▼ 1.52% IPSA 10,950.74 ▲ 0.31% IPC MEX 66,383.68 ▲ 0.21% MERVAL 3,283,854 ▼ 1.07% COLCAP 2,274.53 ▼ 0.38% BVL PERÚ 58,287.01 — — USD/BRL 5.09 ▲ 0.06% USD/MXN 17.42 ▼ 0.35% USD/CLP 948.45 — 0.00% USD/COP 3,216 ▼ 0.05% USD/PEN 3.40 ▼ 0.20% USD/ARS 1,496 ▼ 0.03% USD/UYU 40.14 ▲ 1.06% USD/PYG 6,022 ▲ 1.17% USD/BOB 11.18 ▲ 2.82% USD/DOP 58.00 ▲ 0.80% USD/CRC 449.17 ▲ 1.55% USD/GTQ 7.63 ▲ 2.09% USD/HNL 26.75 ▲ 1.31% USD/NIO 36.62 — 0.00% USD/VES 740.37 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.08% USD/TTD 6.71 ▲ 0.68% EUR/BRL 5.80 ▲ 0.12% BRENT 92.34 ▼ 4.59% WTI 84.99 ▼ 4.84% IRON ORE 161.91 — — COPPER 6.37 ▲ 0.82% GOLD 4,106 ▲ 0.93% SILVER 60.05 ▲ 2.38% SOY 1,240 ▼ 0.62% CORN 482.50 ▲ 3.93% WHEAT 676.50 ▼ 0.22% COFFEE 298.25 ▼ 3.60% SUGAR 14.76 ▲ 0.48% ORANGE JUICE 142.65 ▼ 2.83% COTTON 79.89 ▲ 0.06% COCOA 5,467 ▲ 3.13% BEEF 222.50 ▼ 1.29% CATTLE 341.45 ▼ 0.68% LITHIUM 67.81 ▼ 1.75% PETR4 42.21 ▼ 1.72% VALE3 75.24 ▼ 0.58% ITUB4 42.10 ▼ 1.08% BBDC4 18.48 ▼ 1.28% ABEV3 15.64 ▼ 1.76% BBAS3 20.35 ▼ 2.77% B3SA3 15.44 ▼ 1.34% WEGE3 45.99 ▲ 0.70% PRIO3 58.82 ▼ 2.84% SUZB3 41.84 ▼ 1.39% RENT3 36.89 ▼ 0.67% AZZA3 16.65 ▼ 2.35% CSAN3 3.80 ▼ 2.56% RAIZ4 0.26 ▼ 3.70% PCAR3 2.79 ▼ 2.79% GMAT3 3.79 ▼ 2.07% PSSA3 54.78 ▼ 0.72% CVCB3 1.34 ▲ 2.29% POSI3 3.55 ▼ 3.27% SLCE3 13.64 ▼ 0.94% NATU3 8.38 ▼ 2.10% BRKM5 6.10 ▼ 1.13% RANI3 7.95 ▲ 0.25% CSNA3 5.36 ▲ 1.13% CMIN3 5.69 ▼ 2.40% USIM5 8.48 ▼ 0.12% GGBR4 24.26 ▲ 0.83% ENEV3 24.90 ▼ 3.11% CPFE3 45.09 ▼ 2.44% CMIG4 10.98 ▼ 1.88% EQTL3 38.34 ▼ 1.74% LREN3 13.27 ▼ 0.75% VIVT3 35.47 ▲ 2.22% RAIL3 13.57 ▼ 2.79% KLABIN 17.52 ▼ 0.79% RAIA DROGASIL 17.98 ▼ 1.15% RDOR3 33.38 ▼ 0.86% HAPV3 9.92 ▼ 5.25% FLRY3 16.26 ▼ 1.93% SMTO3 15.05 ▼ 4.20% UGPA3 32.71 ▼ 2.04% VBBR3 35.10 ▼ 1.40% BBSE3 41.49 ▼ 2.15% BPAC11 54.67 ▼ 2.90% CURY3 29.35 ▼ 0.91% AERI3 2.04 ▲ 0.99% VIVARA 21.42 ▼ 0.14% COMPASS 24.76 ▼ 1.28% VAMOS 3.15 ▼ 1.87% SANB11 26.34 ▼ 1.09% ASAI3 7.85 ▼ 2.12% SBSP3 28.38 ▼ 1.29% WALMEX 48.00 ▲ 1.39% GMEXICO 207.28 ▼ 0.94% FEMSA 221.92 ▼ 0.19% CEMEX 21.18 ▼ 1.40% GFNORTE 193.04 ▲ 2.00% BIMBO 58.26 ▼ 1.39% TELEVISA 9.73 ▼ 0.61% AMX 22.80 ▲ 0.18% GAP 377.44 ▲ 0.26% ASUR 267.99 ▼ 0.69% OMA 226.14 ▼ 0.51% KOF 179.29 ▼ 0.23% GRUMA 268.70 ▼ 0.09% KIMBER 39.70 ▲ 1.10% SQM-B 65,350 ▼ 0.23% COPEC 6,330 ▲ 1.12% BSANTANDER 79.32 ▼ 0.85% FALABELLA 5,990 ▼ 1.12% ENELAM 85.49 ▲ 0.58% CENCOSUD 1,958 ▼ 0.51% CMPC 1,025 ▼ 2.47% BANCO CHILE 193.10 ▲ 1.25% LATAM AIR 23.88 ▲ 1.62% YPF 82,000 ▼ 0.58% GGAL 7,890 ▼ 0.69% PAMPA 5,515 ▼ 2.04% TXAR 675.00 ▼ 0.74% ALUAR 972.00 ▼ 1.07% TGS 9,765 ▼ 2.30% CEPU 2,365 ▼ 2.27% MIRGOR 16,525 ▼ 1.20% COME 42.41 ▼ 0.28% LOMA NEGRA 3,623 ▼ 3.78% BYMA 299.75 ▲ 2.48% TELECOM ARG 4,380 ▲ 1.27% ECOPETROL 16.01 ▼ 1.96% BANCOLOMBIA 86.01 ▼ 0.90% GRUPO AVAL 4.78 — 0.00% CREDICORP 388.77 ▲ 0.29% SOUTHERN COPPER 179.29 ▼ 1.61% BUENAVENTURA 30.91 ▼ 1.31% MERCADOLIBRE 1,801 ▲ 0.15% NUBANK 14.09 ▼ 0.70% XP 16.69 ▼ 0.83% PAGSEGURO 9.20 — 0.00% STONE 10.76 ▼ 2.00% GLOBANT 31.30 ▲ 2.25% TECNOGLASS 45.30 ▲ 3.57% GAP AIRPORT 216.28 ▲ 0.39% ASUR 267.99 ▼ 0.69% OMA AIRPORT 103.43 — 0.00% AMX ADR 26.01 ▲ 0.23% FEMSA ADR 127.12 ▲ 0.03% CEMEX ADR 12.06 ▼ 1.63% PETROBRAS ADR 18.77 ▼ 1.21% VALE ADR 14.79 ▼ 0.27% ITAU ADR 8.28 ▼ 0.84% SANTANDER BR 5.30 — 0.00% AMBEV ADR 3.06 — 0.00% CSN 1.08 ▲ 1.89% GERDAU 4.81 ▲ 0.84% LATAM ADR 50.15 ▲ 0.62% BTC 65,107 ▲ 1.24% ETH 1,944 ▲ 3.77% SOL 76.34 ▲ 2.57% XRP 1.11 ▲ 0.79% BNB 572.52 ▲ 0.71% ADA 0.16 ▲ 0.10% DOGE 0.07 ▲ 1.44% AVAX 6.71 ▼ 0.82% LINK 8.77 ▲ 4.80% DOT 0.82 ▲ 0.51% LTC 47.32 ▲ 1.75% BCH 215.74 ▲ 2.92% TRX 0.33 ▲ 0.05% XLM 0.18 ▲ 1.85% HBAR 0.07 ▼ 1.83% NEAR 1.84 ▲ 2.49% ATOM 1.39 ▲ 0.40% AAVE 100.94 ▲ 9.76% SELIC 14.25% EMBRAER 82.50 ▼ 1.08% EMBRAER ADR 64.93 ▼ 0.82% JBS 12.28 ▲ 1.24% JBS BDR 62.04 ▲ 0.36% MBRF3 14.84 ▼ 4.81% MBRFY 2.94 ▼ 0.34% INTER 5.29 ▼ 3.11% EGX 53,418 ▼ 1.06% USD/ZAR 16.73 ▼ 0.53% USD/NGN 1,363 — 0.00% NIKKEI 64,143 ▼ 0.72% CSI300 4,649 ▼ 1.67% HSI 24,963 — 0.00% NIFTY 23,767 ▼ 0.43% KOSPI 6,707 ▲ 0.24% JCI 6,196 ▼ 1.88% USD/JPY 163.55 ▼ 0.15% USD/CNY 6.7609 ▼ 0.16% DAX 25,099 ▲ 1.36% CAC 8,372 ▲ 0.88% FTSE 10,736 ▲ 0.91% MIB 51,802 ▲ 0.95% IBEX 19,585 ▲ 1.65% STOXX 644.51 ▲ 0.82% EUR/USD 1.1409 ▲ 0.30% GBP/USD 1.3355 ▲ 0.27% SPX 7,412 ▲ 0.05% DJI 51,947 ▲ 0.46% NDX 28,128 ▼ 1.15% RUT 2,930 ▼ 0.35% TSX 35,369 ▲ 0.50% VIX 18.58 ▼ 0.64% USD/CAD 1.4073 ▼ 0.13% US10Y 4.6790 ▼ 0.51%
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Brazil Latin America

Analysis: Brazil 2021, the Copa America of discord

By · June 11, 2021 · 4 min read

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RIO DE JANEIRO, BRAZIL – (EFE) Sponsor flight, judicial mess, players’ criticism, and 1,800 deaths per day due to Covid-19. Against this backdrop, Copa America will kick off on Sunday in Brazil, a country badly hit by the pandemic that decided to organize at the last minute the most controversial edition in the recent history of the century-old soccer tournament.

The “show” will start at the Mané Garrincha stadium in Brasilia with the match between Brazil and Venezuela, after two convulsive weeks that put the celebration of the event at risk.

Nearly two-thirds of Brazilians oppose the country hosting the soccer tournament, a poll showed on Friday, amid concerns over the country’s dire Covid-19 outbreak.

Brazil 2021, Copa América of discord
Brazil 2021, Copa América of discord. (Photo internet reproduction)
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The Brazilian Supreme Court cleared doubts at the judicial level by rejecting on Thursday three appeals requesting the suspension of the tournament due to the very high incidence of the coronavirus in the country, which has accumulated nearly 500,000 deaths in less than a year and a half.

A few days earlier, on Tuesday, the players of the Brazilian national team chased away the specter of a boycott, although with harsh criticism of CONMEBOL, the South American Soccer Confederation, organizer of the tournament.

The highest authority of South American soccer is determined to carry out this Copa America, which was already postponed in 2020 because of the pandemic, despite the refusal of the two initially plannedvenues, Colombia and Argentina.

The former, facing a wave of social protests, asked to postpone it, but CONMEBOL was inflexible. The latter demurred due to the critical situation of its hospitals, similar to that of Brazil.

In this impasse, the option came up of Brazil – the Latin American country most affected by SARS-CoV-2 – hosting the tournament.  CONMEBOL contacted the Brazilian Football Confederation (CBF), which asked the government of Jair Bolsonaro.

The president gave his approval, and on May 31, Brazil was announced as the host country for the Copa America 2021.

The move, made in haste and less than two weeks before the kickoff, generated enormous indignation among diverse political sectors, from the left to the moderate right, health and sports.

For his part, the Minister of Health, Marcelo Queiroga, stressed that the tournament does not represent an “additional” risk and recalled that other international competitions are already being played in Brazil, such as the Libertadores and South American Cups or the qualifiers for the 2022 World Cup in Qatar.

In the Brazilian national team’s locker room, a debate about whether to play or not was installed.

Rumors also surfaced about a possible dismissal of coach Tite, in the midst of an internal crisis with the CBF that culminated in the suspension of its president, Rogerio Caboclo, one of the godfathers of bringing the tournament to Brazil, who was recently accused by a female employee of moral and sexual harassment.

At the same time, two leftist parties and a trade union organization appealed to the Supreme Court to overturn the tournament, while the government was fine-tuning the details and defining four cities as venues: Cuiabá, Goiania, Brasília, and Rio de Janeiro.

In these four cities, the public health system is still under heavy pressure from the coronavirus. For example, in Rio de Janeiro, where eight matches will be played, including the final, almost 90% of the intensive care beds are occupied.

There were contacts between the teams’ captains, but finally, the players from the host nation released a manifesto in which they ratified their presence from a critical position. “We are against the organization of the Copa America, but we will never say no to the Brazilian team,” they said.

After so much noise, on a positive note, the “Canarinha” team will field all its stars: Neymar, Casemiro, Marquinhos, Thiago Sliva, Firmino, Gabriel Jesus and company.

On the other hand, between Wednesday and Thursday, Copa America in Brazil lost three important sponsors – Mastercard, Ambev, and Diageo – who all decided to refrain from exhibiting their brands in this year’s edition. None of the three companies wanted to have their image associated with the already nicknamed “Covid America”.

While these three multinationals announced that they will not promote their brands during the matches as official sponsors of the event, the Brazilian department store chain Havan decided to sponsor SBT’s television broadcast of the event.

And as in every Brazilian political-judicial novel, the Supreme Court gave the last word and opted to release the tournament, the only condition being that a security protocol be presented; this has already been done published by CONMEBOL.

However, the high court issued a warning, recalling that the local authorities may answer in court if it is proven that the tournament in any way aggravated the country’s health crisis.

The Copa America will kick off on Sunday, with the ten South American teams divided into two groups of five. Group A will consist of Argentina, Bolivia, Chile, Paraguay, and Uruguay; Group B will feature Brazil, Colombia, Ecuador Peru, and Venezuela.

If the same pandemic trend continues, the country will surpass the tragic mark of 500,000 deaths due to Covid-19 during the celebration of this controversial Copa America, which will end on July 10 at the iconic Maracanã stadium in Rio de Janeiro.

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