IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL5.11▲ 0.02% USD/MXN17.47▲ 0.02% USD/CLP923.90▼ 0.41% USD/COP3,237▼ 0.27% USD/PEN3.41▲ 0.44% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.37% USD/PYG6,055▲ 1.45% USD/BOB10.14▲ 4.01% USD/DOP58.61▲ 0.22% USD/CRC448.82▲ 1.41% USD/GTQ7.63▲ 2.31% USD/HNL26.72▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.40% USD/TTD6.75▲ 1.44% EUR/BRL5.82▲ 0.08% BRENT 78.16 ▲ 2.83% WTI 73.32 ▲ 2.67% IRON ORE 161.91 — — COPPER 6.25 ▲ 0.33% GOLD 4,080 ▼ 0.58% SILVER 59.18 ▼ 1.06% SOY 1,195 ▼ 0.13% CORN 466.25 ▲ 6.45% WHEAT 641.00 ▲ 1.42% COFFEE 308.55 ▼ 10.04% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.98 ▲ 1.33% COCOA 6,100 ▼ 3.31% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,057 ▼ 1.10% ETH 1,786 ▼ 1.10% SOL 76.57 ▼ 0.40% XRP 1.08 ▼ 0.57% BNB 569.70 ▼ 0.74% ADA 0.16 ▼ 1.33% DOGE 0.07 ▼ 0.36% AVAX 6.50 ▲ 1.53% LINK 7.98 ▼ 0.14% DOT 0.83 ▼ 1.33% LTC 43.88 ▼ 0.20% BCH 238.45 ▼ 0.63% TRX 0.33 ▼ 0.43% XLM 0.18 ▼ 1.21% HBAR 0.07 ▲ 0.19% NEAR 1.92 ▲ 1.61% ATOM 1.55 ▼ 1.22% AAVE 95.46 ▼ 1.65% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,440 ▲ 0.35% USD/ZAR16.34▲ 0.12% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,198 ▼ 0.04% KOSPI 6,807 ▼ 8.95% JCI 5,954 ▲ 0.50% USD/JPY162.11▲ 0.24% USD/CNY6.78▲ 0.05% DAX 25,085 ▲ 0.07% CAC 8,326 ▼ 0.15% FTSE 10,485 ▼ 0.12% MIB 52,637 ▲ 0.04% IBEX 19,349 ▼ 0.18% STOXX 639.84 ▼ 0.20% EUR/USD1.14▲ 0.37% GBP/USD1.34▲ 0.10% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 16.28 ▲ 8.32% USD/CAD1.41▼ 0.18% US10Y 4.5690 ▲ 0.66% IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 ▲ 0.02% USD/MXN 17.47 ▲ 0.02% USD/CLP 923.90 ▼ 0.41% USD/COP 3,237 ▼ 0.27% USD/PEN 3.41 ▲ 0.43% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.37% USD/PYG 6,055 ▲ 1.45% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.61 ▲ 0.22% USD/CRC 448.82 ▲ 1.41% USD/GTQ 7.63 ▲ 2.31% USD/HNL 26.72 ▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.40% USD/TTD 6.75 ▲ 1.44% EUR/BRL 5.82 ▲ 0.08% BRENT 78.16 ▲ 2.83% WTI 73.32 ▲ 2.67% IRON ORE 161.91 — — COPPER 6.25 ▲ 0.33% GOLD 4,080 ▼ 0.58% SILVER 59.18 ▼ 1.06% SOY 1,195 ▼ 0.13% CORN 466.25 ▲ 6.45% WHEAT 641.00 ▲ 1.42% COFFEE 308.55 ▼ 10.04% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.98 ▲ 1.33% COCOA 6,100 ▼ 3.31% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,057 ▼ 1.10% ETH 1,786 ▼ 1.10% SOL 76.57 ▼ 0.40% XRP 1.08 ▼ 0.57% BNB 569.70 ▼ 0.74% ADA 0.16 ▼ 1.33% DOGE 0.07 ▼ 0.36% AVAX 6.50 ▲ 1.53% LINK 7.98 ▼ 0.14% DOT 0.83 ▼ 1.33% LTC 43.88 ▼ 0.20% BCH 238.45 ▼ 0.63% TRX 0.33 ▼ 0.43% XLM 0.18 ▼ 1.21% HBAR 0.07 ▲ 0.19% NEAR 1.92 ▲ 1.61% ATOM 1.55 ▼ 1.22% AAVE 95.46 ▼ 1.65% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,440 ▲ 0.35% USD/ZAR 16.35 ▲ 0.05% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,198 ▼ 0.04% KOSPI 6,807 ▼ 8.95% JCI 5,954 ▲ 0.50% USD/JPY 162.11 ▲ 0.27% USD/CNY 6.7806 ▲ 0.21% DAX 25,085 ▲ 0.07% CAC 8,326 ▼ 0.15% FTSE 10,485 ▼ 0.12% MIB 52,637 ▲ 0.04% IBEX 19,349 ▼ 0.18% STOXX 639.84 ▼ 0.20% EUR/USD 1.1442 ▲ 0.20% GBP/USD 1.3399 ▲ 0.01% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 16.28 ▲ 8.32% USD/CAD 1.4136 ▼ 0.11% US10Y 4.5690 ▲ 0.66%
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Op-Ed In-Depth - Brazil

Cuts at Federal Universities? An American-Born Student Asks Why

By · May 2, 2019 · 3 min read

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By Harold Emert

RIO DE JANEIRO, BRAZIL – The surprising news announced this week by the Minister of Education that President Jair Bolsonaro’s government will be cutting by 30 percent the budget of all Federal Universities has shocked this American-born post-graduate student of literature at UFF in Niteroi.

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Federal Fluminense University (UFF) and Federal Universities in Brasilia and Bahia, accused of promoting “Marxist ideology”, were targeted for the Brazilian President and an uproar resulted as cuts were extended nationwide, to all Federal Universities.

As a graduate of the City University of New York City (CUNY) who also did my post-graduate studies in my native city as well as studies in Freiburg-im-Breisgau, Germany, and extension courses at the internationally esteemed New School for Social Research, I have a yardstick to judge the value of a Brazilian Federal University.

Despite the lack of funding for facilities equal to the luxurious universities abroad, my studies at UFF have not only enriched my intellectual life but enhanced my understanding of this great and little understood culture called Brazil. At UFF I discovered the other side of Brazil besides samba, Carnaval, and football.

Meaning such literary figures as Machado Assis (perhaps Brazil’s answer to Charles Dickens), Euclides de Cunha and his great saga on the bitter war of Canudos, contemporary novelist Clarice Lispector and currently Brazil’s answer to Eugene O’Neill or Greek tragedy, Nelson Rodrigues, among others.

These literary figures have put this great and often mysterious culture on the world’s cultural map, proving Charles de Gaulle was wrong when he stated Brazil “is not to be taken seriously”.

Surprisingly, my studies at UFF have made up for gaps in my American education because, despite my veneration for British and Russian literature, American literature is esteemed in Brazil.

It is hard to believe that my own U.S. education missed it but I had to study at UFF to appreciate Melville (Moby Dick), Saul Bellow, and even Dashnell Hamiett, who (due to being accused of being a Communist during the McCarthy witch hunts in the USA) was not in my curriculum.

Instead of going to shooting ranges, I also found myself studying at UFF Hannah Arendt’s lucid accounts of Totalitarianism and Adolf Eichmann’s trial in Jerusalem, which condemned the Nazi to death.

Originally written for the New Yorker magazine, Arendt’s lucid reporting was condemned at first by her contemporaries but survived them to be read and appreciated worldwide.

We cannot live in the past although my education, like others, is rooted in the 20th century and before that. My education at the Federal University included noble prize winner Coetzee, science fiction and a fascinating two-term study on writers of immigrant descent in Brazil.

In this era of increasing “misplaced’ persons, these descendants of immigrants are changing (for the better?) world literature.

Due to past governments’ relatively generous scholarships to study abroad, my professors have included Brazilian scholars who have studied at the Sorbonne in Paris and such top U.S. universities as Brown, USC (Irving) and NYU.

It is ironic that Lula, an ex-President in jail who never had schooling, incentivated universities not only here but in the arid lands of Paraiba (where I personally witnessed students of solar energy inventing new projects for the future of Brazil.)

Other Brazilian Presidents have included novelists (Sarney and Temer) to University Professors (Henrique Cardoso and Temer).

How odd and shocking that with so many areas to possibly cut, the first economic ‘slice’ of President Bolsonaro is aimed at these worthy universities, including my beloved UFF.

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