IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.01% USD/MXN18.59▼ 0.07% USD/CLP982.08▼ 0.22% USD/COP3,288▼ 0.57% USD/PEN3.41▼ 0.02% USD/ARS1,544▼ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 3.14% USD/BOB11.63▲ 1.12% USD/DOP60.48▲ 0.05% USD/CRC446.01▲ 1.79% USD/GTQ7.64▲ 3.16% USD/HNL26.90▲ 3.29% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.22% EUR/BRL6.19▼ 0.62% BRENT 92.70 ▼ 0.06% WTI 86.31 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.87% GOLD 3,941 ▼ 1.48% SILVER 51.06 ▼ 1.58% SOY 1,225 ▼ 0.31% CORN 446.75 ▼ 0.28% WHEAT 598.00 ▼ 0.25% COFFEE 267.45 ▼ 0.58% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,923 ▲ 3.82% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.58 ▼ 0.11% USD/CLP 982.08 ▼ 0.22% USD/COP 3,288 ▼ 0.57% USD/PEN 3.41 ▼ 0.02% USD/ARS 1,544 ▼ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.48 ▲ 0.13% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.90 ▲ 3.29% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.19 ▼ 0.62% BRENT 92.70 ▼ 0.06% WTI 86.31 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.87% GOLD 3,941 ▼ 1.48% SILVER 51.06 ▼ 1.58% SOY 1,225 ▼ 0.31% CORN 446.75 ▼ 0.28% WHEAT 598.00 ▼ 0.25% COFFEE 267.45 ▼ 0.58% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,923 ▲ 3.82% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20%
since 2009
Thursday, November 12, 2026

Brazil Business - Brazil

Europeans Want Environmental Rules for Imports From Brazil and Emerging Countries

By · · 3 min read

RIO DE JANEIRO, BRAZIL – The European Union has cautioned that agricultural expansion is the greatest threat to forests and made it clear that it will insist on a commitment to prevent commodity production and supply chains from promoting environmental damage, including in the Amazon.

The message came on Tuesday from European Commissioner for Environment Virginijus Sinkeviius during the launch of a dialogue between 18 governments, including Brazil, and as part of preparations for COP26, the climate conference to be held later this year in Glasgow.

In the absence of Minister of the Environment Ricardo Salles, the Brazilian government appointed the head of the Agriculture portfolio, Tereza Cristina, to send a pre-recorded message during the launching of the initiative. The goal of the project is to reach an understanding and enable a commitment to be established on the link between trade and the environment.

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On the European side, the goal is to prevent the supply of commodities in international market from causing deforestation of the rainforest. Within the Brazilian government, the initiative has been monitored with concern, since it could present obstacles to the country’s exports of agricultural products.

In the EU, the bloc pledges to enact laws to this end by July, forcing companies to prove that they buy their products from locations not engaged in deforestation. During the launch of the dialogue on Tuesday, the commissioner made it clear that simply fighting the illegal sale of timber will not be enough to reverse deforestation. “The greatest challenge is agricultural expansion,” he said, pointing to the impact of crops like soybeans, coffee or cocoa.

According to him, deforestation today represents the equivalent of 15% of CO2 emissions. “We need to step up our action against deforestation,” he said.

preservação1

According to him, preventing the import of products that have caused deforestation is “the highest priority” for the EU today. “We need to look beyond the issue of illegal logging,” he said.

Among the measures under consideration is the requirement that importing companies undergo a more thorough due diligence on their supply chains, and the adoption of rules similar to those taken against companies that promote illegal fishing.

The UK government has embraced the same approach, insisting that deforestation today is the result of commodity production. “This puts pressure on forests,” warned Alok Sharma, president of COP26. Angela Merkel’s government also insisted it wants a “supply free of deforestation”.

In September, at the opening of the UN General Assembly, President Bolsonaro chose a threatening tone, pointing out that he would disclose data of countries that were buying illegally harvested timber from the Amazon.

The truth is that, despite Bolsonaro’s tone, pressure on the Brazilian government has only grown in recent months, raising concerns among exporters that Brazil’s commodity sales to the world could start to suffer.

Under pressure, Minister Tereza Cristina agreed in moderation and assured that Brazil is “ready to work with all partners towards sustainable land use in all ecosystems and for fair agricultural trade.”

Among the countries involved in the initiative, many were represented by their Environment Ministers, rather than by their Agriculture Ministers. Among them were France, Congo, Italy, Spain, Paraguay, Argentina and Nigeria.

The debate also included André Guimarães, executive director of the NGO Amazon Institute of Environmental Research. He recalled how 25% of Brazil’s GDP comes from land use and that over 90% of national agriculture depends on rainfall. “To destroy the Amazon is to destroy the future of Brazil and the world’s food supply,” he alerted.

“Deforestation is a terrible deal for Brazil. We need the Amazon to irrigate Brazilian agriculture,” he said. According to him, public policies need to be reconsidered, based on scientific data.

Source: UOL News

Live Market IntelligenceBrazil — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Brazil — Live Market Board

B3 · São Paulo
Nov 12, 2026 · 06:50

Ibovespa · benchmark
172,060.43
+0.42%
+9.07% over 12 months

Market breadth · 15 names
60% advancing

9 ▲ advancing6 declining ▼

Currencies, rates & key inputs
USD / BRL
5.58
-0.01%

EUR / BRL
6.19
-0.62%

Selic rate
13.75%
·

Brent crude
92.70
-0.06%

Iron ore
161.91
·

Sector heatmap · average move today
Consumer Disc.
+4.34%
AZZA3

Industrials
+1.41%
WEGE3, RENT3

Utilities
+1.22%
ENEV3

Consumer Staples
+0.38%
ABEV3

Financials
+0.20%
ITUB4, BBDC4, BBAS3, B3SA3

Mining
+0.13%
VALE3, CSNA3, GGBR4

Energy
-0.35%
PETR4, PRIO3

Materials
-1.21%
SUZB3

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
172,060.43
+0.42%

S&P/BMV IPCMexico
72,006.05
+0.16%

S&P IPSAChile
10,552.02
-0.43%

S&P MERVALArgentina
2,848,945
—

MSCI COLCAPColombia
2,486.39
-1.65%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
IBOV 172,060.43 +0.42% +9.07% 171,336.99 — — —
USD/BRL 5.58 -0.01% +5.91% 5.58 5.59 5.58 —
SELIC 13.75% — — — — —
PETR4 43.55 -3.11% +31.17% 44.95 44.52 43.30 65,089,600
VALE3 64.43 -0.57% -0.94% 64.80 65.47 64.16 12,171,000
ITUB4 41.72 +1.26% +4.25% 41.20 42.09 41.55 19,415,700
BBDC4 14.33 -1.44% -26.48% 14.54 14.82 14.33 45,613,900
BBAS3 16.89 -1.23% -28.04% 17.10 17.31 16.89 29,418,100
B3SA3 14.80 +2.21% +9.39% 14.48 14.92 14.59 40,245,900
ABEV3 15.85 +0.38% +16.63% 15.79 15.88 15.74 21,260,300
WEGE3 51.61 +1.30% +12.12% 50.95 52.00 50.95 9,826,200
PRIO3 61.47 +2.42% +52.53% 60.02 61.99 60.50 18,937,900
SUZB3 53.80 -1.21% +15.57% 54.46 54.64 53.71 7,203,500
RENT3 30.24 +1.51% -30.08% 29.79 30.77 29.93 8,008,800
AZZA3 15.37 +4.34% -46.54% 14.73 15.45 14.74 3,535,400
CSNA3 4.52 +3.20% -45.61% 4.38 4.52 4.38 15,203,500
GGBR4 25.25 -2.25% +33.60% 25.83 25.81 24.98 5,425,100
ENEV3 27.38 +1.22% +41.94% 27.05 27.66 27.05 7,114,000

Largest moves today
AZZA3
15.37
+4.34%
CSNA3
4.52
+3.20%
PETR4
43.55
-3.11%
PRIO3
61.47
+2.42%
GGBR4
25.25
-2.25%
B3SA3
14.80
+2.21%
RENT3
30.24
+1.51%
BBDC4
14.33
-1.44%

The session read
The Ibovespa rose 0.42%, with breadth positive — 9 of 15 names higher. Consumer Disc. led, while Materials lagged.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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