IBOV 178,000.24 — 0.00% IPSA 11,014.88 ▼ 0.02% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,287,637 ▼ 0.11% COLCAP 2,382.69 ▼ 0.39% BVL PERÚ 57,378.30 — — USD/BRL5.08▲ 0.12% USD/MXN17.33▲ 0.08% USD/CLP925.11▼ 0.64% USD/COP3,230▲ 0.86% USD/PEN3.39▼ 0.09% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.13▲ 0.24% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19— 0.00% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.25% BRENT 83.63 ▼ 7.20% WTI 80.09 ▼ 5.41% IRON ORE 161.91 — — COPPER 6.55 ▲ 1.72% GOLD 4,110 ▲ 1.50% SILVER 58.33 ▲ 1.27% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▲ 0.27% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 0.70% BBDC4 18.55 ▲ 0.76% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 1.28% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 1.43% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 6.82% CMIN3 5.73 ▲ 0.35% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▼ 0.07% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 1.94% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 0.22% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 0.59% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,850 ▼ 1.36% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.60 ▼ 0.44% CENCOSUD 1,955 ▲ 0.01% CMPC 1,046 ▼ 0.83% BANCO CHILE 191.62 ▼ 1.08% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 654.50 ▼ 0.76% ALUAR 966.50 ▼ 1.13% TGS 9,890 ▼ 1.59% CEPU 2,370 ▼ 1.09% MIRGOR 1,680 ▼ 89.72% COME 43.23 ▼ 1.82% LOMA NEGRA 3,588 ▼ 0.90% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.60 ▼ 1.01% BANCOLOMBIA 91.07 ▼ 1.57% GRUPO AVAL 5.24 ▼ 0.76% CREDICORP 395.79 ▼ 1.20% SOUTHERN COPPER 185.91 ▲ 1.75% BUENAVENTURA 30.47 ▲ 0.63% MERCADOLIBRE 1,899 ▲ 1.11% NUBANK 14.44 ▲ 0.77% XP 17.03 ▼ 0.18% PAGSEGURO 9.60 ▼ 0.41% STONE 11.35 ▼ 0.22% GLOBANT 37.14 ▲ 1.48% TECNOGLASS 46.76 ▲ 7.64% GAP AIRPORT 218.14 ▲ 0.36% ASUR 278.60 ▲ 1.08% OMA AIRPORT 106.73 ▼ 0.16% AMX ADR 24.96 ▼ 1.54% FEMSA ADR 125.75 ▼ 1.75% CEMEX ADR 11.84 ▲ 0.17% PETROBRAS ADR 19.06 ▼ 1.75% VALE ADR 14.58 ▼ 3.19% ITAU ADR 8.49 ▲ 0.35% SANTANDER BR 5.74 ▲ 1.23% AMBEV ADR 3.05 ▼ 1.93% CSN 0.93 ▼ 5.65% GERDAU 5.06 ▲ 2.02% LATAM ADR 54.53 ▲ 3.35% BTC 63,867 ▲ 0.61% ETH 1,871 ▼ 0.63% SOL 73.92 ▲ 0.64% XRP 1.08 ▼ 0.31% BNB 591.70 ▲ 0.70% ADA 0.19 ▲ 2.46% DOGE 0.07 ▼ 0.32% AVAX 6.56 ▲ 0.31% LINK 8.23 ▼ 1.64% DOT 0.82 ▲ 2.79% LTC 44.41 ▼ 0.50% BCH 214.16 ▲ 0.77% TRX 0.33 ▲ 0.73% XLM 0.17 ▼ 0.97% HBAR 0.07 ▲ 0.73% NEAR 1.75 ▲ 1.80% ATOM 1.37 ▲ 8.39% AAVE 93.28 ▲ 1.39% SELIC 14.25% EMBRAER 89.60 ▲ 3.12% EMBRAER ADR 70.94 ▲ 3.82% JBS 13.76 ▼ 1.85% JBS BDR 69.57 ▼ 1.60% MBRF3 17.70 ▲ 0.91% MBRFY 3.37 ▼ 2.03% INTER 5.63 ▲ 0.54% EGX 54,094 ▼ 0.35% USD/ZAR16.52▼ 0.20% USD/NGN1,361▲ 0.07% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY157.12▼ 0.21% USD/CNY6.75▲ 0.01% DAX 26,001 ▲ 1.45% CAC 8,614 ▲ 1.22% FTSE 10,858 ▼ 0.10% MIB 52,872 ▲ 1.34% IBEX 19,983 ▲ 1.01% STOXX 652.09 ▲ 0.45% EUR/USD1.15▼ 0.29% GBP/USD1.34▼ 0.42% SPX 7,601 ▲ 1.48% DJI 53,178 ▲ 1.32% NDX 28,777 ▲ 1.78% RUT 2,982 ▲ 1.73% TSX 35,226 ▼ 0.79% VIX 15.86 ▼ 0.81% USD/CAD1.40▲ 0.26% US10Y 4.6860 ▼ 1.24% IBOV 178,000.24 — 0.00% IPSA 11,014.88 ▼ 0.02% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,287,637 ▼ 0.11% COLCAP 2,382.69 ▼ 0.39% BVL PERÚ 57,378.30 — — USD/BRL 5.08 ▲ 0.12% USD/MXN 17.33 ▲ 0.08% USD/CLP 925.06 ▼ 0.65% USD/COP 3,230 ▲ 0.86% USD/PEN 3.39 ▼ 0.09% USD/ARS 1,494 ▲ 0.57% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 58.13 ▲ 0.24% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.19 ▲ 0.58% USD/TTD 6.74 ▲ 1.53% EUR/BRL 5.85 ▼ 0.25% BRENT 83.63 ▼ 7.20% WTI 80.09 ▼ 5.41% IRON ORE 161.91 — — COPPER 6.55 ▲ 1.72% GOLD 4,110 ▲ 1.50% SILVER 58.33 ▲ 1.27% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▲ 0.27% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 0.70% BBDC4 18.55 ▲ 0.76% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 1.28% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 1.43% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 6.82% CMIN3 5.73 ▲ 0.35% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▼ 0.07% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 1.94% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 0.22% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 0.59% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,850 ▼ 1.36% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.60 ▼ 0.44% CENCOSUD 1,955 ▲ 0.01% CMPC 1,046 ▼ 0.83% BANCO CHILE 191.62 ▼ 1.08% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 654.50 ▼ 0.76% ALUAR 966.50 ▼ 1.13% TGS 9,890 ▼ 1.59% CEPU 2,370 ▼ 1.09% MIRGOR 1,680 ▼ 89.72% COME 43.23 ▼ 1.82% LOMA NEGRA 3,588 ▼ 0.90% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.60 ▼ 1.01% BANCOLOMBIA 91.07 ▼ 1.57% GRUPO AVAL 5.24 ▼ 0.76% CREDICORP 395.79 ▼ 1.20% SOUTHERN COPPER 185.91 ▲ 1.75% BUENAVENTURA 30.47 ▲ 0.63% MERCADOLIBRE 1,899 ▲ 1.11% NUBANK 14.44 ▲ 0.77% XP 17.03 ▼ 0.18% PAGSEGURO 9.60 ▼ 0.41% STONE 11.35 ▼ 0.22% GLOBANT 37.14 ▲ 1.48% TECNOGLASS 46.76 ▲ 7.64% GAP AIRPORT 218.14 ▲ 0.36% ASUR 278.60 ▲ 1.08% OMA AIRPORT 106.73 ▼ 0.16% AMX ADR 24.96 ▼ 1.54% FEMSA ADR 125.75 ▼ 1.75% CEMEX ADR 11.84 ▲ 0.17% PETROBRAS ADR 19.06 ▼ 1.75% VALE ADR 14.58 ▼ 3.19% ITAU ADR 8.49 ▲ 0.35% SANTANDER BR 5.74 ▲ 1.23% AMBEV ADR 3.05 ▼ 1.93% CSN 0.93 ▼ 5.65% GERDAU 5.06 ▲ 2.02% LATAM ADR 54.53 ▲ 3.35% BTC 63,867 ▲ 0.61% ETH 1,871 ▼ 0.63% SOL 73.92 ▲ 0.64% XRP 1.08 ▼ 0.31% BNB 591.70 ▲ 0.70% ADA 0.19 ▲ 2.46% DOGE 0.07 ▼ 0.32% AVAX 6.56 ▲ 0.31% LINK 8.23 ▼ 1.64% DOT 0.82 ▲ 2.79% LTC 44.41 ▼ 0.50% BCH 214.16 ▲ 0.77% TRX 0.33 ▲ 0.73% XLM 0.17 ▼ 0.97% HBAR 0.07 ▲ 0.73% NEAR 1.75 ▲ 1.80% ATOM 1.37 ▲ 8.39% AAVE 93.28 ▲ 1.39% SELIC 14.25% EMBRAER 89.60 ▲ 3.12% EMBRAER ADR 70.94 ▲ 3.82% JBS 13.76 ▼ 1.85% JBS BDR 69.57 ▼ 1.60% MBRF3 17.70 ▲ 0.91% MBRFY 3.37 ▼ 2.03% INTER 5.63 ▲ 0.54% EGX 54,094 ▼ 0.35% USD/ZAR 16.52 ▼ 0.17% USD/NGN 1,361 ▼ 0.23% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY 157.16 ▼ 0.15% USD/CNY 6.7518 ▲ 0.10% DAX 26,001 ▲ 1.45% CAC 8,614 ▲ 1.22% FTSE 10,858 ▼ 0.10% MIB 52,872 ▲ 1.34% IBEX 19,983 ▲ 1.01% STOXX 652.09 ▲ 0.45% EUR/USD 1.1511 ▼ 0.14% GBP/USD 1.3430 ▼ 0.42% SPX 7,601 ▲ 1.48% DJI 53,178 ▲ 1.32% NDX 28,777 ▲ 1.78% RUT 2,982 ▲ 1.73% TSX 35,226 ▼ 0.79% VIX 15.86 ▼ 0.81% USD/CAD 1.4043 ▲ 0.19% US10Y 4.6860 ▼ 1.24%
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How Did Brazil Turn Into an Environmental “Villain” in One Month?

By · August 27, 2019 · 3 min read

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RIO DE JANEIRO, BRAZIL – In just over a month, Bolsonaro’s government — which had previously heard occasional criticism from other countries since the beginning of the year for its environmental actions — has soured foreign humor for good after a sequence of attacks on scientific data, institutions, and people.

Even NGOs have been accused of setting fire to the forest and governors have been said to be colluding with the problem. But while the president sought to find culprits for “damaging Brazil abroad,” it was the real problems, such as deforestation and fires, and his controversial statements that changed the image of Brazil abroad.

Brazilian President Jair Bolsonaro.
Brazilian President Jair Bolsonaro. (Photo internet reproduction)
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This is the opinion of a number of experts in environment, agriculture, and international relations heard by São Paulo newspaper Estado in an attempt to answer the question: How did we get to this point?

For some of them, it was a tragedy foretold since the electoral period, when Bolsonaro gave inflammatory speeches against what he describes as the fining industry by environmental organizations and had plans to the Ministry of the Environment (MMA) and withdraw from the Paris Agreement.

The latter two did not happen, but several measures adopted since taking office may answer the question. “Bolsonaro has entirely changed his approach to the environment,” comments diplomat Rubens Ricupero, former Minister of the Environment and Finance.

In his opinion, frequent attacks on IBAMA and ICMBio inspectors and technicians by Bolsonaro and Environment Minister Ricardo Salles have been “clear indications that environmental policy has been relaxed. The inspector who fined Bolsonaro (for fishing in a conservation unit in Rio) was punished.”

“When IBAMA destroyed equipment seized in an operation against illegal logging, in line with the law, Bolsonaro had a fit of anger, and Salles went to meet with loggers,” Ricupero states.

Diplomat Rubens Ricupero, former Minister of the Environment and Finance.
Diplomat Rubens Ricupero, a former Minister of the Environment and Finance. (Photo internet reproduction)

“The president challenged INPE’s alarming data on deforestation and fired its director. And his son Flavio has submitted a bill to the Senate to end the Legal Reserve (a provision in the Forestry Code that protects forest plots within rural properties),” he continues.

The clearest result of this is the increase in deforestation and forest fires pointed out by INPE, as well as the reduction in the number of infraction notices. By the end of June, 5,826 fines had been levied, against 7,326 over the same period in the previous year. This is the lowest figure since 2015.

Requests for information on the number of IBAMA inspections were never granted, but Estado determined that this year no action to fight deforestation has been authorized by the Special Inspection Group — IBAMA’s elite troop, which fights organized crime.

“The government claims that funds are insufficient, but those that came from donations, such as the Amazon Fund, Bolsonaro is giving up. What kind of credibility does a government that tells Angela Merkel to take the money and use it to reforest Germany have? This is the greatest image and foreign policy crisis we’ve ever had in fifty years,” Ricupero says.

The information is from the newspaper O Estado de S. Paulo.

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

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