IBOV 169,186.42 ▼ 1.06% IPC MEX 69,787.41 ▲ 0.87% MERVAL 2,848,945 — — USD/BRL5.36▼ 0.39% USD/MXN18.85▼ 0.11% USD/CLP990.62▲ 0.24% USD/COP3,167▲ 0.02% USD/PEN3.46▼ 0.07% USD/ARS1,538▼ 0.24% USD/UYU40.10▲ 2.93% USD/PYG5,838▲ 3.12% USD/BOB12.05▲ 3.19% USD/DOP60.36▲ 0.40% USD/CRC451.45▲ 2.56% USD/GTQ7.64▲ 3.31% USD/HNL26.87▲ 0.45% USD/NIO36.62▲ 0.07% USD/VES887.03▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.76% USD/TTD6.70▲ 2.02% EUR/BRL6.01▲ 0.84% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 169,186.42 ▼ 1.06% IPC MEX 69,787.41 ▲ 0.87% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
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Brazil Business - Brazil

Eurasia CEO: Bolsonaro World’s Most Ineffective Leader in Responding to Coronavirus

By · March 24, 2020 · 3 min read

RIO DE JANEIRO, BRAZIL – Ian Bremmer, the CEO and founder of the Eurasia Group, the world’s leading political risk research and consulting firm, yesterday stated on Twitter that despite “much competition”, the most ineffective world leader in addressing the coronavirus is now Brazilian President Jair Bolsonaro.

“This weekend, he is attacking governors who have taken lockdown measures. Bolsonaro will severely damage his mandate,” he said.

Ian Bremmer, The CEO and founder of the Eurasia Group, the world's leading political risk research and consulting firm, yesterday stated on Twitter that despite "much competition", the most ineffective world leader in addressing the coronavirus is now Brazilian President Jair Bolsonaro.
Ian Bremmer, The CEO and founder of the Eurasia Group, the world’s leading political risk research and consulting firm.
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Bremmer then pointed out that Mexican President Andrés Manuel López Obrador “is also up there”. “He is in complete denial over the coronavirus. Still talking about austerity, no government action,” he said.

Ian Bremmer is a political scientist and founder of the Eurasia Group, a consulting firm specializing in global political risk analysis.

On Friday, March 20th, President Bolsonaro issued Provisional Measure 926, which grants the federal government pre-emptive power over any limitations imposed by states or municipalities on inter-municipal and interstate travel, such as the closure of ports, highways or airports, when these impact essential public services and activity.

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This decision affects transport restrictions made by governors such as Wilson Witzel of Rio and João Doria of São Paulo. The governors decreed transport restrictions as a measure to fight the coronavirus.

Criticism

Over the past week, Bolsonaro has repeatedly criticized the actions of governors who have ordered isolation measures in states.

On Saturday, March 21st, in an interview with CNN, the President called Doria a “lunatic” and stated that he and other governors – such as those of Rio de Janeiro, Bahia, Piauí and the Federal District – have taken measures that “extrapolate” and generate a climate of “terror” among the population.

“It is a dose of excessive medicine. And excessive medicine becomes poison,” the President said of the restrictions.

One day before the interview, on Friday, Bolsonaro had already criticized actions such as the closing of trade, adopted in the country’s largest cities and advocated by experts, saying it could hurt the economy and be used to politically undermine him.

São Paulo’s João Doria, who ordered a quarantine throughout the state as of Tuesday, March 24th, said at a press conference that Brazil did not have leadership capable of steering the country during the crisis caused by the covid-19 pandemic.

“I would like to have a president who would lead the country in a crisis like this and not relativize an issue as serious as the coronavirus for Brazilians,” said the governor. Rio’s Witzel described the Planalto’s response to the crisis as “a turtle’s pace”.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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