IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL5.08▲ 0.19% USD/MXN17.33▲ 0.12% USD/CLP923.64▼ 0.80% USD/COP3,246▲ 1.35% USD/PEN3.38▼ 0.36% USD/ARS1,494▲ 0.54% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.00▲ 0.02% 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/JMD156.98▼ 0.13% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.23% BRENT 83.61 ▼ 7.22% WTI 79.68 ▼ 5.89% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.63% GOLD 4,093 ▲ 1.07% SILVER 57.86 ▲ 0.47% SOY 1,191 ▲ 1.58% CORN 470.00 ▲ 6.64% WHEAT 649.50 ▲ 1.60% COFFEE 318.95 ▼ 3.96% SUGAR 15.02 ▲ 2.46% ORANGE JUICE 157.75 ▲ 1.81% COTTON 81.39 ▲ 1.11% COCOA 5,914 ▲ 9.58% BEEF 227.78 ▼ 1.72% CATTLE 344.13 ▼ 1.12% LITHIUM 68.96 ▼ 0.38% PETR4 42.98 ▼ 1.01% VALE3 74.20 ▼ 2.73% ITUB4 42.91 ▲ 0.09% BBDC4 18.45 ▲ 0.21% ABEV3 15.89 ▼ 0.63% BBAS3 21.20 ▼ 0.70% B3SA3 15.62 ▼ 0.70% WEGE3 47.82 ▲ 1.31% PRIO3 58.90 ▼ 3.20% SUZB3 43.32 — 0.00% RENT3 37.93 ▲ 0.85% AZZA3 16.22 ▼ 1.22% CSAN3 4.09 ▲ 0.49% RAIZ4 0.25 ▼ 3.85% PCAR3 2.62 ▲ 1.16% GMAT3 4.01 ▼ 0.50% PSSA3 54.39 ▼ 0.57% CVCB3 1.37 ▲ 4.58% POSI3 3.54 ▼ 0.28% SLCE3 13.41 ▲ 0.22% NATU3 8.45 ▲ 0.84% BRKM5 5.90 ▼ 1.17% RANI3 8.37 ▲ 3.21% CSNA3 4.47 ▼ 7.64% CMIN3 5.62 ▼ 1.58% USIM5 7.51 ▲ 2.04% GGBR4 25.18 ▲ 0.80% ENEV3 26.82 ▲ 1.94% CPFE3 45.81 ▼ 0.72% CMIG4 11.13 ▼ 1.85% EQTL3 38.72 ▲ 0.16% LREN3 13.88 ▲ 2.06% VIVT3 32.40 ▼ 0.70% RAIL3 14.19 ▼ 1.73% KLABIN 18.23 ▼ 0.11% RAIA DROGASIL 18.57 ▲ 0.49% RDOR3 34.22 ▼ 1.21% HAPV3 11.75 ▲ 4.17% FLRY3 17.29 ▲ 0.88% SMTO3 14.47 ▼ 0.34% UGPA3 32.91 ▼ 0.42% VBBR3 36.10 ▲ 0.14% BBSE3 41.39 ▲ 0.32% BPAC11 56.97 ▲ 0.30% CURY3 31.17 ▲ 3.59% AERI3 2.18 ▲ 1.40% VIVARA 22.73 ▲ 2.48% COMPASS 24.80 ▼ 0.16% VAMOS 3.28 ▼ 1.80% SANB11 28.67 ▲ 0.17% ASAI3 8.48 ▼ 0.24% SBSP3 27.12 ▼ 2.09% WALMEX 50.06 ▼ 0.38% GMEXICO 211.80 ▲ 1.96% FEMSA 216.01 ▼ 2.46% CEMEX 20.66 ▲ 0.73% GFNORTE 197.63 ▼ 1.47% BIMBO 61.49 ▼ 0.76% TELEVISA 9.67 ▼ 1.43% AMX 21.60 ▼ 2.13% GAP 373.67 ▼ 0.76% ASUR 277.73 ▲ 0.77% OMA 231.05 ▼ 0.12% KOF 185.97 ▼ 0.69% GRUMA 263.20 ▲ 1.92% KIMBER 40.09 ▼ 0.27% SQM-B 61,793 ▼ 1.45% COPEC 6,272 ▼ 1.23% BSANTANDER 79.92 ▼ 1.32% FALABELLA 6,290 ▲ 1.19% ENELAM 87.91 ▼ 0.09% CENCOSUD 1,952 ▼ 0.15% CMPC 1,047 ▼ 0.72% BANCO CHILE 190.09 ▼ 1.87% LATAM AIR 25.25 ▲ 2.06% YPF 8,175 ▼ 1.39% GGAL 7,965 ▲ 1.06% PAMPA 5,495 ▼ 1.08% TXAR 657.00 ▼ 0.38% ALUAR 966.00 ▼ 1.18% TGS 10,000 ▼ 0.50% CEPU 2,368 ▼ 1.17% MIRGOR 16,025 ▼ 1.99% COME 43.51 ▼ 1.18% LOMA NEGRA 3,570 ▼ 1.38% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,385 ▼ 0.51% ECOPETROL 16.54 ▼ 1.40% BANCOLOMBIA 91.08 ▼ 1.56% GRUPO AVAL 5.23 ▼ 0.95% CREDICORP 396.19 ▼ 1.10% SOUTHERN COPPER 184.52 ▲ 0.99% BUENAVENTURA 30.29 ▲ 0.02% MERCADOLIBRE 1,900 ▲ 1.16% NUBANK 14.37 ▲ 0.28% XP 16.98 ▼ 0.47% PAGSEGURO 9.65 ▲ 0.05% STONE 11.28 ▼ 0.84% GLOBANT 37.02 ▲ 1.15% TECNOGLASS 45.21 ▲ 4.07% GAP AIRPORT 215.32 ▼ 0.93% ASUR 277.73 ▲ 0.77% OMA AIRPORT 106.46 ▼ 0.41% AMX ADR 24.94 ▼ 1.62% FEMSA ADR 124.87 ▼ 2.44% CEMEX ADR 11.89 ▲ 0.59% PETROBRAS ADR 19.11 ▼ 1.52% VALE ADR 14.55 ▼ 3.42% ITAU ADR 8.44 ▼ 0.23% SANTANDER BR 5.69 ▲ 0.26% AMBEV ADR 3.09 ▼ 0.64% CSN 0.90 ▼ 8.66% GERDAU 4.98 ▲ 0.40% LATAM ADR 54.60 ▲ 3.49% BTC 63,666 ▲ 0.29% ETH 1,862 ▼ 1.07% SOL 73.27 ▼ 0.24% XRP 1.08 ▼ 0.49% BNB 591.29 ▲ 0.63% ADA 0.19 ▲ 1.29% DOGE 0.07 ▼ 0.68% AVAX 6.51 ▼ 0.48% LINK 8.23 ▼ 1.64% DOT 0.82 ▲ 3.29% LTC 44.17 ▼ 1.04% BCH 212.08 ▼ 0.21% TRX 0.33 ▲ 0.83% XLM 0.17 ▼ 1.56% HBAR 0.07 ▲ 0.14% NEAR 1.75 ▲ 1.95% ATOM 1.34 ▲ 5.86% AAVE 93.00 ▲ 1.09% SELIC 14.25% EMBRAER 89.96 ▲ 3.53% EMBRAER ADR 70.82 ▲ 3.64% JBS 13.83 ▼ 1.35% JBS BDR 70.36 ▼ 0.48% MBRF3 17.75 ▲ 1.20% MBRFY 3.44 — 0.00% INTER 5.53 ▼ 1.34% IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL 5.08 ▲ 0.15% USD/MXN 17.33 ▲ 0.12% USD/CLP 923.64 ▼ 0.80% USD/COP 3,246 ▲ 1.35% USD/PEN 3.38 ▼ 0.36% USD/ARS 1,494 ▲ 0.54% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 58.00 ▲ 0.02% 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 156.98 ▲ 0.24% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.85 ▼ 0.23% BRENT 83.61 ▼ 7.22% WTI 79.68 ▼ 5.89% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.63% GOLD 4,093 ▲ 1.07% SILVER 57.86 ▲ 0.47% SOY 1,191 ▲ 1.58% CORN 470.00 ▲ 6.64% WHEAT 649.50 ▲ 1.60% COFFEE 318.95 ▼ 3.96% SUGAR 15.02 ▲ 2.46% ORANGE JUICE 157.75 ▲ 1.81% COTTON 81.39 ▲ 1.11% COCOA 5,914 ▲ 9.58% BEEF 227.78 ▼ 1.72% CATTLE 344.13 ▼ 1.12% LITHIUM 68.96 ▼ 0.38% PETR4 42.98 ▼ 1.01% VALE3 74.20 ▼ 2.73% ITUB4 42.91 ▲ 0.09% BBDC4 18.45 ▲ 0.21% ABEV3 15.89 ▼ 0.63% BBAS3 21.20 ▼ 0.70% B3SA3 15.62 ▼ 0.70% WEGE3 47.82 ▲ 1.31% PRIO3 58.90 ▼ 3.20% SUZB3 43.32 — 0.00% RENT3 37.93 ▲ 0.85% AZZA3 16.22 ▼ 1.22% CSAN3 4.09 ▲ 0.49% RAIZ4 0.25 ▼ 3.85% PCAR3 2.62 ▲ 1.16% GMAT3 4.01 ▼ 0.50% PSSA3 54.39 ▼ 0.57% CVCB3 1.37 ▲ 4.58% POSI3 3.54 ▼ 0.28% SLCE3 13.41 ▲ 0.22% NATU3 8.45 ▲ 0.84% BRKM5 5.90 ▼ 1.17% RANI3 8.37 ▲ 3.21% CSNA3 4.47 ▼ 7.64% CMIN3 5.62 ▼ 1.58% USIM5 7.51 ▲ 2.04% GGBR4 25.18 ▲ 0.80% ENEV3 26.82 ▲ 1.94% CPFE3 45.81 ▼ 0.72% CMIG4 11.13 ▼ 1.85% EQTL3 38.72 ▲ 0.16% LREN3 13.88 ▲ 2.06% VIVT3 32.40 ▼ 0.70% RAIL3 14.19 ▼ 1.73% KLABIN 18.23 ▼ 0.11% RAIA DROGASIL 18.57 ▲ 0.49% RDOR3 34.22 ▼ 1.21% HAPV3 11.75 ▲ 4.17% FLRY3 17.29 ▲ 0.88% SMTO3 14.47 ▼ 0.34% UGPA3 32.91 ▼ 0.42% VBBR3 36.10 ▲ 0.14% BBSE3 41.39 ▲ 0.32% BPAC11 56.97 ▲ 0.30% CURY3 31.17 ▲ 3.59% AERI3 2.18 ▲ 1.40% VIVARA 22.73 ▲ 2.48% COMPASS 24.80 ▼ 0.16% VAMOS 3.28 ▼ 1.80% SANB11 28.67 ▲ 0.17% ASAI3 8.48 ▼ 0.24% SBSP3 27.12 ▼ 2.09% WALMEX 50.06 ▼ 0.38% GMEXICO 211.80 ▲ 1.96% FEMSA 216.01 ▼ 2.46% CEMEX 20.66 ▲ 0.73% GFNORTE 197.63 ▼ 1.47% BIMBO 61.49 ▼ 0.76% TELEVISA 9.67 ▼ 1.43% AMX 21.60 ▼ 2.13% GAP 373.67 ▼ 0.76% ASUR 277.73 ▲ 0.77% OMA 231.05 ▼ 0.12% KOF 185.97 ▼ 0.69% GRUMA 263.20 ▲ 1.92% KIMBER 40.09 ▼ 0.27% SQM-B 61,793 ▼ 1.45% COPEC 6,272 ▼ 1.23% BSANTANDER 79.92 ▼ 1.32% FALABELLA 6,290 ▲ 1.19% ENELAM 87.91 ▼ 0.09% CENCOSUD 1,952 ▼ 0.15% CMPC 1,047 ▼ 0.72% BANCO CHILE 190.09 ▼ 1.87% LATAM AIR 25.25 ▲ 2.06% YPF 8,175 ▼ 1.39% GGAL 7,965 ▲ 1.06% PAMPA 5,495 ▼ 1.08% TXAR 657.00 ▼ 0.38% ALUAR 966.00 ▼ 1.18% TGS 10,000 ▼ 0.50% CEPU 2,368 ▼ 1.17% MIRGOR 16,025 ▼ 1.99% COME 43.51 ▼ 1.18% LOMA NEGRA 3,570 ▼ 1.38% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,385 ▼ 0.51% ECOPETROL 16.54 ▼ 1.40% BANCOLOMBIA 91.08 ▼ 1.56% GRUPO AVAL 5.23 ▼ 0.95% CREDICORP 396.19 ▼ 1.10% SOUTHERN COPPER 184.52 ▲ 0.99% BUENAVENTURA 30.29 ▲ 0.02% MERCADOLIBRE 1,900 ▲ 1.16% NUBANK 14.37 ▲ 0.28% XP 16.98 ▼ 0.47% PAGSEGURO 9.65 ▲ 0.05% STONE 11.28 ▼ 0.84% GLOBANT 37.02 ▲ 1.15% TECNOGLASS 45.21 ▲ 4.07% GAP AIRPORT 215.32 ▼ 0.93% ASUR 277.73 ▲ 0.77% OMA AIRPORT 106.46 ▼ 0.41% AMX ADR 24.94 ▼ 1.62% FEMSA ADR 124.87 ▼ 2.44% CEMEX ADR 11.89 ▲ 0.59% PETROBRAS ADR 19.11 ▼ 1.52% VALE ADR 14.55 ▼ 3.42% ITAU ADR 8.44 ▼ 0.23% SANTANDER BR 5.69 ▲ 0.26% AMBEV ADR 3.09 ▼ 0.64% CSN 0.90 ▼ 8.66% GERDAU 4.98 ▲ 0.40% LATAM ADR 54.60 ▲ 3.49% BTC 63,666 ▲ 0.29% ETH 1,862 ▼ 1.07% SOL 73.27 ▼ 0.24% XRP 1.08 ▼ 0.49% BNB 591.29 ▲ 0.63% ADA 0.19 ▲ 1.29% DOGE 0.07 ▼ 0.68% AVAX 6.51 ▼ 0.48% LINK 8.23 ▼ 1.64% DOT 0.82 ▲ 3.29% LTC 44.17 ▼ 1.04% BCH 212.08 ▼ 0.21% TRX 0.33 ▲ 0.83% XLM 0.17 ▼ 1.56% HBAR 0.07 ▲ 0.14% NEAR 1.75 ▲ 1.95% ATOM 1.34 ▲ 5.86% AAVE 93.00 ▲ 1.09% SELIC 14.25% EMBRAER 89.96 ▲ 3.53% EMBRAER ADR 70.82 ▲ 3.64% JBS 13.83 ▼ 1.35% JBS BDR 70.36 ▼ 0.48% MBRF3 17.75 ▲ 1.20% MBRFY 3.44 — 0.00% INTER 5.53 ▼ 1.34%
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Opinion: Happy Anniversary … Not!

By · June 22, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – (Opinion) Saturday, June 19, the city of Ribeirão Preto, São Paulo, where I now live, celebrated 165 years since its founding in 1856 with an official local holiday. Happy Anniversary!

Saturday, June 19, the United States of America, where I was born and raised, celebrated 156 years since the announcement, in Galveston, Texas, of General Order No. 3 proclaiming the emancipation of all slaves. Happy Anniversary!

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Saturday, June 19, the country of Brazil, where I have lived for almost 50 years, marked 465 days since the first of 500,000+ coronavirus deaths; there was nothing to celebrate. Unhappy Anniversary!

Saturday, June 19, the streets of many Brazilian cities hosted thousands of demonstrators decrying the deaths and the anti-science, anti-vaccine campaigns of Brazil’s leader Jair Bolsonaro.

The Bolsonaro administration, unsurprisingly, did find cause for celebration. Communications Minister Fábio Faria criticized politicians, celebrities, and journalists for “lamenting” the half-million deaths, rather than “commemorating” the application of 86 million vaccine doses, or the 18 million people “cured” of the coronavirus.

Let us consider the administration’s claims.

Brazil has topped half a million deaths from Covid-19, and is still averaging over 2,000 deaths per day; the U.S. daily average is 400 and falling. At this rate, Brazil should surpass the U.S. in number of deaths well before the end of this year.

There is one principal cause behind this unmitigated disaster: Jair Bolsonaro’s unshakable, unscientific belief that “herd immunity by contamination” is the best way to overcome the pandemic.

The theory of “herd immunity by contamination” was a corollary of the “vertical confinement” alternative to social distancing – only those above a certain age (60+) should be confined, while others should work, because (supposedly) younger people are more resistant and would not be seriously affected, let alone die.

Spain and Italy tried vertical confinement, with disastrous consequences, and abandoned it long before the appearance of new and more deadly coronavirus variants that are demonstrably fatal to younger people, as is shown daily in Brazil.

Bolsonaro continues to believe in herd immunity by contamination, in spite of the corpses that prove him wrong.

The other causes of Brazil’s public health disaster – the lack of vaccines; the lack of intensive care units; the lack of respect for protective measures such as masks and social distancing; the propaganda for quack medicine and “preventive treatment” – are also directly attributable to Bolsonaro and his ministers.

Minister Faria’s “commemoration” of 86 million vaccinations is misleading, as it incorrectly adds together the 63 million first doses and the 23 million second doses applied. The absolute minimum percentage for achieving herd immunity (through vaccination) is when 50% of the population have received both doses – but only 11% of Brazilians have so far had both.

Further, Faria’s “commemoration” of 18 million “cured” patients is simply a lie. No one has been “cured” of Covid-19, because there is no cure. There is no cure for the common cold, for polio, for measles, for HIV, nor for any viral disease – there is recovery through treatment of symptoms or prevention through mass vaccination.

After the “commemorations”, three important questions remain unanswered:

1) Does Bolsonaro’s mishandling of the pandemic constitute a crime under Brazilian law or even the crime of “genocide” under international law?

2) Does Bolsonaro’s mishandling of the pandemic constitute a political “crime of accountability” subjecting him to impeachment under Brazil’s constitution?

3) Will the Senate “Covid CPI” inquiry bear fruit, or will it be merely another soapbox platform for grandstanding politicians?

We will explore these questions further in other essays.

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