IBOV 176,564.75 ▲ 0.70% IPSA 10,880.04 ▼ 0.77% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,256,362 ▼ 1.48% COLCAP 2,301.24 ▲ 0.80% BVL PERÚ 57,237.60 — — USD/BRL5.13▲ 0.18% USD/MXN17.44▼ 0.09% USD/CLP932.73▼ 0.76% USD/COP3,201▼ 0.50% USD/PEN3.40▼ 0.02% USD/ARS1,499▲ 0.15% USD/UYU40.20▲ 1.42% USD/PYG6,020▲ 1.46% USD/BOB11.30▲ 3.36% USD/DOP57.82▲ 0.47% USD/CRC449.99▲ 1.60% USD/GTQ7.62▲ 2.22% USD/HNL26.76▲ 1.54% USD/NIO36.62▲ 0.69% USD/VES742.37▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19▲ 0.07% USD/TTD6.75▲ 1.25% EUR/BRL5.83▲ 0.88% BRENT 87.80 ▼ 0.63% WTI 82.53 ▼ 0.10% IRON ORE 161.91 — — COPPER 6.33 ▼ 0.08% GOLD 4,017 ▼ 1.42% SILVER 57.10 ▼ 2.35% SOY 1,220 ▲ 0.93% CORN 481.00 ▲ 6.47% WHEAT 664.75 ▲ 0.72% COFFEE 340.50 ▲ 4.91% SUGAR 14.56 ▼ 0.14% ORANGE JUICE 136.30 ▼ 3.64% COTTON 81.08 ▲ 2.19% COCOA 5,206 ▲ 2.08% BEEF 222.18 ▼ 1.35% CATTLE 337.23 ▼ 0.30% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.66 ▲ 1.85% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 669.00 ▼ 0.74% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,650 ▼ 1.55% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 217.50 ▲ 0.57% ASUR 271.18 ▲ 0.97% OMA AIRPORT 108.27 ▲ 3.31% AMX ADR 25.73 ▲ 0.10% FEMSA ADR 127.73 ▼ 3.34% CEMEX ADR 12.00 ▼ 1.64% PETROBRAS ADR 18.07 ▲ 0.39% VALE ADR 14.70 ▼ 0.54% ITAU ADR 8.31 ▼ 0.72% SANTANDER BR 5.48 ▲ 0.74% AMBEV ADR 3.13 ▲ 1.95% CSN 1.10 ▼ 1.79% GERDAU 4.93 ▲ 2.13% LATAM ADR 53.59 ▲ 2.44% BTC 63,553 ▼ 0.27% ETH 1,906 ▲ 0.84% SOL 73.22 ▼ 1.24% XRP 1.06 ▼ 0.43% BNB 568.40 ▲ 0.47% ADA 0.16 ▲ 3.58% DOGE 0.07 ▼ 0.23% AVAX 6.53 ▲ 2.09% LINK 8.37 ▲ 0.14% DOT 0.76 ▲ 0.08% LTC 46.08 ▲ 0.18% BCH 213.01 ▲ 0.61% TRX 0.32 ▼ 0.23% XLM 0.17 ▲ 0.55% HBAR 0.07 — 0.00% NEAR 1.64 ▼ 2.40% ATOM 1.30 ▼ 0.24% AAVE 100.06 ▲ 2.26% SELIC 14.25% EMBRAER 88.86 ▲ 2.26% EMBRAER ADR 69.09 ▲ 1.62% JBS 13.93 ▲ 2.80% JBS BDR 70.57 ▲ 1.94% MBRF3 16.30 ▲ 2.58% MBRFY 3.15 ▲ 10.14% INTER 5.59 ▲ 0.54% EGX 53,730 ▲ 0.18% USD/ZAR16.70▼ 0.35% USD/NGN 1,363 — 0.00% NIKKEI 62,365 ▼ 3.95% CSI300 4,570 ▼ 2.83% HSI 25,311 ▲ 0.41% NIFTY 23,985 ▼ 0.04% KOSPI 6,024 ▼ 10.84% JCI 6,131 ▼ 0.89% USD/JPY163.86▲ 0.07% USD/CNY6.76▼ 0.07% DAX 25,464 ▲ 0.41% CAC 8,459 ▲ 0.63% FTSE 10,871 ▲ 0.83% MIB 51,698 ▼ 0.69% IBEX 19,727 ▼ 0.07% STOXX 646.89 ▲ 0.35% EUR/USD1.14▲ 0.17% GBP/USD1.33▼ 0.49% SPX 7,429 ▲ 0.21% DJI 52,747 ▲ 1.03% NDX 27,763 ▼ 0.98% RUT 2,954 ▲ 0.20% TSX 35,750 ▲ 0.51% VIX 18.21 ▼ 2.46% USD/CAD1.41▼ 0.16% US10Y 4.6040 ▼ 0.80% IBOV 176,564.75 ▲ 0.70% IPSA 10,880.04 ▼ 0.77% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,256,362 ▼ 1.48% COLCAP 2,301.24 ▲ 0.80% BVL PERÚ 57,237.60 — — USD/BRL 5.13 ▲ 0.18% USD/MXN 17.44 ▼ 0.09% USD/CLP 932.73 ▼ 0.76% USD/COP 3,201 ▼ 0.50% USD/PEN 3.40 ▼ 0.02% USD/ARS 1,499 ▲ 0.15% USD/UYU 40.20 ▲ 1.42% USD/PYG 6,020 ▲ 1.46% USD/BOB 11.30 ▲ 3.36% USD/DOP 57.82 ▲ 0.47% USD/CRC 449.99 ▲ 1.60% USD/GTQ 7.62 ▲ 2.22% USD/HNL 26.76 ▲ 1.54% USD/NIO 36.62 ▲ 0.69% USD/VES 742.37 ▲ 0.14% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.19 ▲ 0.07% USD/TTD 6.75 ▲ 1.25% EUR/BRL 5.83 ▲ 0.88% BRENT 87.80 ▼ 0.63% WTI 82.53 ▼ 0.10% IRON ORE 161.91 — — COPPER 6.33 ▼ 0.08% GOLD 4,017 ▼ 1.42% SILVER 57.10 ▼ 2.35% SOY 1,220 ▲ 0.93% CORN 481.00 ▲ 6.47% WHEAT 664.75 ▲ 0.72% COFFEE 340.50 ▲ 4.91% SUGAR 14.56 ▼ 0.14% ORANGE JUICE 136.30 ▼ 3.64% COTTON 81.08 ▲ 2.19% COCOA 5,206 ▲ 2.08% BEEF 222.18 ▼ 1.35% CATTLE 337.23 ▼ 0.30% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.66 ▲ 1.85% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 669.00 ▼ 0.74% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,650 ▼ 1.55% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 217.50 ▲ 0.57% ASUR 271.18 ▲ 0.97% OMA AIRPORT 108.27 ▲ 3.31% AMX ADR 25.73 ▲ 0.10% FEMSA ADR 127.73 ▼ 3.34% CEMEX ADR 12.00 ▼ 1.64% PETROBRAS ADR 18.07 ▲ 0.39% VALE ADR 14.70 ▼ 0.54% ITAU ADR 8.31 ▼ 0.72% SANTANDER BR 5.48 ▲ 0.74% AMBEV ADR 3.13 ▲ 1.95% CSN 1.10 ▼ 1.79% GERDAU 4.93 ▲ 2.13% LATAM ADR 53.59 ▲ 2.44% BTC 63,553 ▼ 0.27% ETH 1,906 ▲ 0.84% SOL 73.22 ▼ 1.24% XRP 1.06 ▼ 0.43% BNB 568.40 ▲ 0.47% ADA 0.16 ▲ 3.58% DOGE 0.07 ▼ 0.23% AVAX 6.53 ▲ 2.09% LINK 8.37 ▲ 0.14% DOT 0.76 ▲ 0.08% LTC 46.08 ▲ 0.18% BCH 213.01 ▲ 0.61% TRX 0.32 ▼ 0.23% XLM 0.17 ▲ 0.55% HBAR 0.07 — 0.00% NEAR 1.64 ▼ 2.40% ATOM 1.30 ▼ 0.24% AAVE 100.06 ▲ 2.26% SELIC 14.25% EMBRAER 88.86 ▲ 2.26% EMBRAER ADR 69.09 ▲ 1.62% JBS 13.93 ▲ 2.80% JBS BDR 70.57 ▲ 1.94% MBRF3 16.30 ▲ 2.58% MBRFY 3.15 ▲ 10.14% INTER 5.59 ▲ 0.54% EGX 53,730 ▲ 0.18% USD/ZAR 16.70 ▲ 0.23% USD/NGN 1,363 — 0.00% NIKKEI 62,365 ▼ 3.95% CSI300 4,570 ▼ 2.83% HSI 25,311 ▲ 0.41% NIFTY 23,985 ▼ 0.04% KOSPI 6,024 ▼ 10.84% JCI 6,131 ▼ 0.89% USD/JPY 163.86 ▲ 0.03% USD/CNY 6.7614 ▲ 0.01% DAX 25,464 ▲ 0.41% CAC 8,459 ▲ 0.63% FTSE 10,871 ▲ 0.83% MIB 51,698 ▼ 0.69% IBEX 19,727 ▼ 0.07% STOXX 646.89 ▲ 0.35% EUR/USD 1.1388 ▼ 0.06% GBP/USD 1.3285 ▼ 0.06% SPX 7,429 ▲ 0.21% DJI 52,747 ▲ 1.03% NDX 27,763 ▼ 0.98% RUT 2,954 ▲ 0.20% TSX 35,750 ▲ 0.51% VIX 18.21 ▼ 2.46% USD/CAD 1.4105 ▲ 0.02% US10Y 4.6040 ▼ 0.80%
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Brazil Politics - Brazil

“Who Will Invade Brazil to Save the Amazon?”, Asks U.S. Magazine Foreign Policy

By · August 7, 2019 · 2 min read

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RIO DE JANEIRO, BRAZIL – The deforestation of the Amazon rainforest, which has already lost over 3,445 square kilometers in 2019, was the focus of the U.S. magazine Foreign Policy, published on Tuesday, August 6th, which headlines an article entitled “Who will invade Brazil to save the Amazon?”. According to the article, it is “only a matter of time” before world leaders do “whatever is necessary” to prevent climate change on the planet.

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Researcher Stephen M. Walt, of Harvard University, points out that 60 percent of the Amazon basin belongs to Brazil and states that President Bolsonaro’s policies have put at risk the largest tropical forest in the world, responsible for much of the planet’s carbon absorption.

A further point raised is how world leaders, from the European Union (EU) to the United Nations (UN), have prioritized the fight against environmental degradation in recent years.

“The question, therefore, is how far would the international community be willing to go in order to prevent, halt, or reverse actions that might cause immense and irreparable harm to the environment on which all humans depend?” writes the author, arguing that, in the near future, even military action could be acceptable in this context.

This is the second time in less than a week that the Amazon forest has garnered the international media’s attention. Last Thursday, August 1st, The Economist magazine dedicated the cover of its latest issue to the subject, declaring that the Amazon is on a “death watch”.

“The natural wonder of South America may be dangerously close to the tipping point beyond which its gradual transformation into something closer to the steppe may not be prevented or reversed,” said the weekly publication.

Professor Walt points out in his article that Brazil happens to be in possession of a critical global resource—for purely historical reasons—and its destruction would harm many states, if not the entire planet.

“Unlike Belize or Burundi, what Brazil does could have a big impact. But Brazil isn’t a true great power, and threatening it with either economic sanctions or even the use of force if it refused to protect the rainforest might be feasible. To be clear: I’m not recommending this course of action either now or in the future. I’m just pointing out that Brazil might be somewhat more vulnerable to pressure than some other states are.”

Last week, President Bolsonaro confirmed that he had exonerated Ricardo Galvão, former president of the National Institute for Space Research (INPE), for not having appreciated the way in which the agency disclosed the data on deforestation in the Amazon. “It is not the stance of a Brazilian who wants to serve his homeland and is concerned about Brazil’s business. It is regrettable,” he said.

 

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