IBOV 178,370.29 ▲ 0.21% IPSA 11,020.25 ▼ 0.27% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,201,973 ▼ 2.21% COLCAP 2,358.64 ▼ 1.09% BVL PERÚ 57,475.88 — — USD/BRL5.13▲ 0.74% USD/MXN17.25▼ 0.52% USD/CLP910.43▼ 1.63% USD/COP3,195▲ 1.95% USD/PEN3.39▼ 0.04% USD/ARS1,496▲ 0.12% USD/UYU40.19▲ 1.51% USD/PYG5,932▲ 1.71% USD/BOB12.03▲ 3.12% USD/DOP57.89▲ 1.30% USD/CRC446.90▲ 1.41% USD/GTQ7.62▲ 2.50% USD/HNL26.78▲ 1.90% USD/NIO36.62▲ 1.01% USD/VES750.21▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.23▲ 0.61% USD/TTD6.71▲ 1.12% EUR/BRL5.91▲ 0.97% BRENT 79.41 ▼ 5.20% WTI 75.86 ▼ 5.58% IRON ORE 161.91 — — COPPER 6.63 ▲ 1.75% GOLD 4,134 ▲ 2.49% SILVER 59.78 ▲ 3.66% SOY 1,177 ▲ 0.73% CORN 465.25 ▲ 3.56% WHEAT 638.00 ▼ 2.00% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.67 ▲ 3.26% PETR4 42.51 ▼ 1.25% VALE3 76.39 ▲ 2.34% ITUB4 42.14 ▼ 2.39% BBDC4 18.15 ▼ 2.06% ABEV3 15.87 ▲ 0.63% BBAS3 20.98 ▼ 1.36% B3SA3 15.67 ▲ 0.32% WEGE3 49.03 ▲ 1.72% PRIO3 58.27 ▼ 0.39% SUZB3 42.83 ▼ 0.63% RENT3 38.95 ▲ 2.23% AZZA3 16.01 ▼ 1.36% CSAN3 4.03 ▼ 1.71% RAIZ4 0.28 ▲ 7.69% PCAR3 2.72 ▼ 1.09% GMAT3 3.95 ▼ 0.50% PSSA3 54.37 ▲ 0.69% CVCB3 1.38 ▼ 4.17% POSI3 3.47 ▼ 1.14% SLCE3 13.56 ▲ 1.57% NATU3 8.43 ▼ 0.82% BRKM5 5.85 ▼ 1.85% RANI3 8.30 ▼ 1.43% CSNA3 4.76 ▲ 5.54% CMIN3 5.79 ▲ 1.05% USIM5 7.56 — 0.00% GGBR4 25.98 ▲ 1.37% ENEV3 27.13 ▲ 1.42% CPFE3 46.41 ▲ 0.65% CMIG4 11.24 ▼ 0.35% EQTL3 39.09 ▲ 0.51% LREN3 13.59 ▼ 1.88% VIVT3 31.69 ▼ 1.89% RAIL3 14.11 ▼ 0.35% KLABIN 18.21 ▼ 0.16% RAIA DROGASIL 19.46 ▲ 3.24% RDOR3 34.39 ▲ 0.97% HAPV3 11.71 ▼ 1.68% FLRY3 17.43 ▲ 0.93% SMTO3 13.80 ▼ 4.03% UGPA3 32.56 ▼ 1.63% VBBR3 35.50 ▼ 1.74% BBSE3 41.90 ▲ 1.31% BPAC11 56.90 ▼ 0.39% CURY3 31.70 ▲ 0.79% AERI3 2.17 ▲ 0.93% VIVARA 22.38 ▼ 2.01% COMPASS 24.74 ▼ 1.43% VAMOS 3.33 ▲ 2.15% SANB11 29.06 ▲ 0.45% ASAI3 8.62 ▲ 0.82% SBSP3 28.03 ▲ 1.67% WALMEX 49.88 ▲ 0.18% GMEXICO 218.50 ▲ 2.92% FEMSA 217.43 ▲ 0.07% CEMEX 20.07 ▼ 2.57% GFNORTE 197.72 ▼ 0.46% BIMBO 60.86 ▼ 0.70% TELEVISA 9.66 ▼ 0.62% AMX 21.47 ▼ 0.65% GAP 381.30 ▲ 1.39% ASUR 275.80 ▼ 1.01% OMA 238.57 ▲ 3.56% KOF 187.61 ▲ 1.39% GRUMA 263.11 ▼ 0.33% KIMBER 40.29 ▲ 0.40% SQM-B 62,501 ▲ 0.95% COPEC 6,277 ▼ 1.02% BSANTANDER 79.31 ▼ 1.40% FALABELLA 6,305 ▼ 1.23% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,989 ▲ 1.72% CMPC 1,046 ▼ 0.38% BANCO CHILE 190.27 ▼ 1.15% LATAM AIR 25.44 ▲ 0.75% YPF 7,830 ▼ 3.39% GGAL 7,750 ▼ 2.76% PAMPA 5,305 ▼ 3.55% TXAR 642.00 ▼ 1.91% ALUAR 930.00 ▼ 3.78% TGS 9,420 ▼ 4.75% CEPU 2,280 ▼ 3.80% MIRGOR 1,620 ▼ 1.22% COME 41.60 ▼ 3.68% LOMA NEGRA 3,483 ▼ 2.93% BYMA 291.00 ▼ 0.51% TELECOM ARG 4,325 ▼ 1.37% ECOPETROL 16.23 ▼ 2.23% BANCOLOMBIA 89.50 ▼ 1.77% GRUPO AVAL 5.23 ▼ 0.29% CREDICORP 391.65 ▼ 1.05% SOUTHERN COPPER 195.34 ▲ 5.07% BUENAVENTURA 32.30 ▲ 6.01% MERCADOLIBRE 1,878 ▼ 1.10% NUBANK 14.30 ▼ 1.00% XP 16.94 ▼ 0.56% PAGSEGURO 9.48 ▼ 1.30% STONE 11.25 ▼ 0.93% GLOBANT 38.17 ▲ 2.77% TECNOGLASS 46.12 ▼ 1.37% GAP AIRPORT 221.10 ▲ 1.36% ASUR 275.80 ▼ 1.01% OMA AIRPORT 110.82 ▲ 3.83% AMX ADR 24.87 ▼ 0.38% FEMSA ADR 126.08 ▲ 0.26% CEMEX ADR 11.61 ▼ 1.98% PETROBRAS ADR 18.71 ▼ 1.86% VALE ADR 14.85 ▲ 1.82% ITAU ADR 8.22 ▼ 3.24% SANTANDER BR 5.69 ▼ 0.87% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.71% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.79 ▲ 2.35% BTC 64,125 ▲ 1.05% ETH 1,872 ▲ 0.75% SOL 74.07 ▲ 0.81% XRP 1.08 ▲ 0.35% BNB 593.35 ▲ 0.77% ADA 0.19 ▼ 0.55% DOGE 0.07 ▲ 0.16% AVAX 6.72 ▲ 2.43% LINK 8.19 ▲ 0.18% DOT 0.85 ▲ 2.68% LTC 44.66 ▲ 0.93% BCH 213.63 ▲ 0.24% TRX 0.33 ▲ 0.03% XLM 0.17 ▼ 0.64% HBAR 0.07 ▼ 0.56% NEAR 1.74 ▲ 0.32% ATOM 1.36 ▲ 0.25% AAVE 90.38 ▼ 2.06% SELIC 14.25% EMBRAER 90.46 ▲ 0.96% EMBRAER ADR 70.46 ▼ 0.68% JBS 13.58 ▼ 1.34% JBS BDR 69.65 ▲ 0.12% MBRF3 16.99 ▼ 4.01% MBRFY 3.27 ▼ 2.97% INTER 5.70 ▲ 1.24% EGX 54,502 ▲ 0.75% USD/ZAR16.38▼ 0.89% USD/NGN1,360▼ 0.28% NIKKEI 63,958 ▲ 0.32% CSI300 4,601 ▲ 1.27% HSI 25,853 ▼ 0.60% NIFTY 24,615 ▼ 0.64% KOSPI 6,359 ▲ 1.62% JCI 6,320 ▲ 1.37% USD/JPY157.76▲ 0.37% 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2.49% SILVER 59.78 ▲ 3.66% SOY 1,177 ▲ 0.73% CORN 465.25 ▲ 3.56% WHEAT 638.00 ▼ 2.00% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.67 ▲ 3.26% PETR4 42.51 ▼ 1.25% VALE3 76.39 ▲ 2.34% ITUB4 42.14 ▼ 2.39% BBDC4 18.15 ▼ 2.06% ABEV3 15.87 ▲ 0.63% BBAS3 20.98 ▼ 1.36% B3SA3 15.67 ▲ 0.32% WEGE3 49.03 ▲ 1.72% PRIO3 58.27 ▼ 0.39% SUZB3 42.83 ▼ 0.63% RENT3 38.95 ▲ 2.23% AZZA3 16.01 ▼ 1.36% CSAN3 4.03 ▼ 1.71% RAIZ4 0.28 ▲ 7.69% PCAR3 2.72 ▼ 1.09% GMAT3 3.95 ▼ 0.50% PSSA3 54.37 ▲ 0.69% CVCB3 1.38 ▼ 4.17% POSI3 3.47 ▼ 1.14% SLCE3 13.56 ▲ 1.57% NATU3 8.43 ▼ 0.82% BRKM5 5.85 ▼ 1.85% RANI3 8.30 ▼ 1.43% CSNA3 4.76 ▲ 5.54% CMIN3 5.79 ▲ 1.05% USIM5 7.56 — 0.00% GGBR4 25.98 ▲ 1.37% ENEV3 27.13 ▲ 1.42% CPFE3 46.41 ▲ 0.65% CMIG4 11.24 ▼ 0.35% EQTL3 39.09 ▲ 0.51% LREN3 13.59 ▼ 1.88% VIVT3 31.69 ▼ 1.89% RAIL3 14.11 ▼ 0.35% KLABIN 18.21 ▼ 0.16% RAIA DROGASIL 19.46 ▲ 3.24% RDOR3 34.39 ▲ 0.97% HAPV3 11.71 ▼ 1.68% FLRY3 17.43 ▲ 0.93% SMTO3 13.80 ▼ 4.03% UGPA3 32.56 ▼ 1.63% VBBR3 35.50 ▼ 1.74% BBSE3 41.90 ▲ 1.31% BPAC11 56.90 ▼ 0.39% CURY3 31.70 ▲ 0.79% AERI3 2.17 ▲ 0.93% VIVARA 22.38 ▼ 2.01% COMPASS 24.74 ▼ 1.43% VAMOS 3.33 ▲ 2.15% SANB11 29.06 ▲ 0.45% ASAI3 8.62 ▲ 0.82% SBSP3 28.03 ▲ 1.67% WALMEX 49.88 ▲ 0.18% GMEXICO 218.50 ▲ 2.92% FEMSA 217.43 ▲ 0.07% CEMEX 20.07 ▼ 2.57% GFNORTE 197.72 ▼ 0.46% BIMBO 60.86 ▼ 0.70% TELEVISA 9.66 ▼ 0.62% AMX 21.47 ▼ 0.65% GAP 381.30 ▲ 1.39% ASUR 275.80 ▼ 1.01% OMA 238.57 ▲ 3.56% KOF 187.61 ▲ 1.39% GRUMA 263.11 ▼ 0.33% KIMBER 40.29 ▲ 0.40% SQM-B 62,501 ▲ 0.95% COPEC 6,277 ▼ 1.02% BSANTANDER 79.31 ▼ 1.40% FALABELLA 6,305 ▼ 1.23% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,989 ▲ 1.72% CMPC 1,046 ▼ 0.38% BANCO CHILE 190.27 ▼ 1.15% LATAM AIR 25.44 ▲ 0.75% YPF 7,830 ▼ 3.39% GGAL 7,750 ▼ 2.76% PAMPA 5,305 ▼ 3.55% TXAR 642.00 ▼ 1.91% ALUAR 930.00 ▼ 3.78% TGS 9,420 ▼ 4.75% CEPU 2,280 ▼ 3.80% MIRGOR 1,620 ▼ 1.22% COME 41.60 ▼ 3.68% LOMA NEGRA 3,483 ▼ 2.93% BYMA 291.00 ▼ 0.51% TELECOM ARG 4,325 ▼ 1.37% ECOPETROL 16.23 ▼ 2.23% BANCOLOMBIA 89.50 ▼ 1.77% GRUPO AVAL 5.23 ▼ 0.29% CREDICORP 391.65 ▼ 1.05% SOUTHERN COPPER 195.34 ▲ 5.07% BUENAVENTURA 32.30 ▲ 6.01% MERCADOLIBRE 1,878 ▼ 1.10% NUBANK 14.30 ▼ 1.00% XP 16.94 ▼ 0.56% PAGSEGURO 9.48 ▼ 1.30% STONE 11.25 ▼ 0.93% GLOBANT 38.17 ▲ 2.77% TECNOGLASS 46.12 ▼ 1.37% GAP AIRPORT 221.10 ▲ 1.36% ASUR 275.80 ▼ 1.01% OMA AIRPORT 110.82 ▲ 3.83% AMX ADR 24.87 ▼ 0.38% FEMSA ADR 126.08 ▲ 0.26% CEMEX ADR 11.61 ▼ 1.98% PETROBRAS ADR 18.71 ▼ 1.86% VALE ADR 14.85 ▲ 1.82% ITAU ADR 8.22 ▼ 3.24% SANTANDER BR 5.69 ▼ 0.87% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.71% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.79 ▲ 2.35% BTC 64,125 ▲ 1.05% ETH 1,872 ▲ 0.75% SOL 74.07 ▲ 0.81% XRP 1.08 ▲ 0.35% BNB 593.35 ▲ 0.77% ADA 0.19 ▼ 0.55% DOGE 0.07 ▲ 0.16% AVAX 6.72 ▲ 2.43% LINK 8.19 ▲ 0.18% DOT 0.85 ▲ 2.68% LTC 44.66 ▲ 0.93% BCH 213.63 ▲ 0.24% TRX 0.33 ▲ 0.03% XLM 0.17 ▼ 0.64% HBAR 0.07 ▼ 0.56% NEAR 1.74 ▲ 0.32% ATOM 1.36 ▲ 0.25% AAVE 90.38 ▼ 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Brazil Business - Brazil

Brazil and USA Need to Block ‘Techno-Totalitarianism’ – Foreign Minister Araújo

By · January 30, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – Jair Bolsonaro’s Brazil is seeking an alliance with the United States and “other democratic partners” to curb the rise of “techno-totalitarianism” in countries with “different social models” – that is, China.

The statement came during a World Economic Forum online panel debate by Brazilian Foreign Minister Ernesto Araújo.

Brazilian Foreign Minister Ernesto Araújo. (Photo internet reproduction)
Brazilian Foreign Minister Ernesto Araújo. (Photo internet reproduction)
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He made a point of not naming “any specific country or company”, but all his interventions targeted China, Brazil’s largest trading partner and at the heart of the so-called vaccine war, for being the main producer of vaccine raw materials to be made in Brazil.

Araújo was joined by Spanish Foreign Minister Arancha González and Canadian Minister François-Philippe Champagne (former Foreign Relations, now Innovation), in a conversation mediated by the Forum’s chairman, Borge Brende.

The goal was to debate the concept of international cooperation in light of the reality of the Covid-19 pandemic and climate change – topics in which the Bolsonaro government’s denialism is notorious , fed by the ideological wing Araújo is part of.

While colleagues debated the need to ensure equitable immunization and address the challenges of demand for vaccines, Araújo instead chose to talk about the need to maintain values such as freedom in international relations.

“Any change in the U.S. is tremendous for us,” said the Foreign Minister, an outspoken fan of President Biden’s predecessor, Donald Trump. “If the focus is on climate change, fine, but we want to base the relationship on freedoms,” he said.

It was a skewed reference to the US$2 trillion climate package announced by the Democrat, which he endorsed last week.

“A challenge is the emergence of techno-totalitarianism. It’s not about the U.S. versus China, but it’s about different social models. New technologies may be great for democracy, but they can provide the means for a totalitarian state, and we don’t want that”.

“We want to address this issue with the United States and democratic partners,” he said, excluding the communist dictatorship from the equation.

“Whoever controls the debate has tremendous power. We must not leave this in the hands of players, and I am not talking about specific countries or companies that are not committed to freedom,” the Foreign Minister said.

If this was not a direct attack on China, as he has done in the past alongside exponents of Bolsonarism with the President’s sons, it was a poorly disguised declaration of principles -albeit sparing participants from the scheming of evil globalism that pervades his statements.

“When we look at the 1990s and 2000s, the notion was that China would become like the West. That did not happen. The West became more like China. We don’t have to change our society,” he said.

On climate change, which Araújo has already referred to as ideology, or Covid-19, which led to pressure on his position due to the problem in buying vaccine doses from India, he did not elaborate.

His colleagues were more cautious when asked about the consequences of the decoupling of countries’ technological models embodied in the dispute for the implementation of 5G networks – the so-called internet of things.

As is widely known, China offers a cheaper and more efficient product, but it is accused in the West of incorporating espionage or data theft components. The argument is alive in Brazil, which will theoretically decide this year who will be allowed to supply equipment and operate 5G in the country.

“We cannot allow separation [in international relations] when it comes to climate change. We have to prevent a confrontation [between China and the U.S.] at all costs,” González said, commenting on the European position in light of the giants’ fight.

Champagne agreed with Araújo about the need to promote democratic governance, but said the relationship with China is “rather complex”.

According to Araújo, the only way to deal with the matter is to leave the pending issues to be solved in institutions such as the World Trade Organization, provided they are reformulated – Brazil shares the American opinion that China does not play by their rules.

“The international system must reward democracy,” said the Brazilian.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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