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/BRL5.09▲ 0.30% USD/MXN17.34▲ 0.15% USD/CLP924.67▼ 0.69% USD/COP3,231▲ 0.87% USD/PEN3.39▲ 0.06% USD/ARS1,494▲ 0.57% 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/NIO36.62— 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▼ 0.12% BRENT 83.57 ▼ 7.27% WTI 79.96 ▼ 5.56% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.41% GOLD 4,090 ▲ 1.00% SILVER 57.88 ▲ 0.49% SOY 1,194 ▲ 1.86% CORN 472.25 ▲ 7.15% WHEAT 653.50 ▲ 2.23% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.10 ▲ 2.68% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 226.65 ▼ 2.20% CATTLE 342.13 ▼ 1.70% LITHIUM 69.29 ▲ 0.10% PETR4 42.79 ▼ 1.45% VALE3 74.44 ▼ 2.41% ITUB4 42.95 ▲ 0.18% BBDC4 18.50 ▲ 0.48% ABEV3 15.86 ▼ 0.81% BBAS3 21.24 ▼ 0.52% B3SA3 15.64 ▼ 0.57% WEGE3 48.08 ▲ 1.86% PRIO3 58.59 ▼ 3.71% SUZB3 43.38 ▲ 0.14% RENT3 38.04 ▲ 1.14% AZZA3 16.22 ▼ 1.22% CSAN3 4.06 ▼ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.69 ▲ 3.86% GMAT3 3.99 ▼ 0.99% PSSA3 54.43 ▼ 0.49% CVCB3 1.44 ▲ 9.92% POSI3 3.54 ▼ 0.28% SLCE3 13.41 ▲ 0.22% NATU3 8.43 ▲ 0.60% BRKM5 5.86 ▼ 1.84% RANI3 8.40 ▲ 3.58% CSNA3 4.65 ▼ 3.93% CMIN3 5.68 ▼ 0.53% USIM5 7.56 ▲ 2.72% GGBR4 25.31 ▲ 1.32% ENEV3 26.73 ▲ 1.60% CPFE3 45.83 ▼ 0.67% CMIG4 11.15 ▼ 1.68% EQTL3 38.77 ▲ 0.28% LREN3 13.84 ▲ 1.76% VIVT3 32.37 ▼ 0.80% RAIL3 14.18 ▼ 1.80% KLABIN 18.29 ▲ 0.22% RAIA DROGASIL 18.59 ▲ 0.60% RDOR3 34.18 ▼ 1.33% HAPV3 11.76 ▲ 4.26% FLRY3 17.25 ▲ 0.64% SMTO3 14.40 ▼ 0.83% UGPA3 32.95 ▼ 0.30% VBBR3 36.18 ▲ 0.36% BBSE3 41.57 ▲ 0.75% BPAC11 57.10 ▲ 0.53% CURY3 31.37 ▲ 4.25% AERI3 2.16 ▲ 0.47% VIVARA 22.65 ▲ 2.12% COMPASS 24.85 ▲ 0.04% VAMOS 3.29 ▼ 1.50% SANB11 28.71 ▲ 0.31% ASAI3 8.49 ▼ 0.12% SBSP3 27.21 ▼ 1.77% WALMEX 49.85 ▼ 1.01% GMEXICO 211.66 ▲ 1.62% FEMSA 216.48 ▼ 2.46% CEMEX 20.63 ▲ 0.44% GFNORTE 197.51 ▼ 1.07% BIMBO 61.18 ▼ 1.45% TELEVISA 9.63 ▼ 1.63% AMX 21.48 ▼ 2.36% GAP 375.89 ▼ 0.20% ASUR 276.82 ▲ 0.44% OMA 231.63 ▲ 0.25% KOF 185.51 ▼ 1.29% GRUMA 263.44 ▲ 2.02% KIMBER 39.96 ▼ 0.57% SQM-B 61,803 ▼ 5.57% COPEC 6,275 ▲ 0.41% BSANTANDER 80.22 ▲ 4.18% FALABELLA 6,274 ▲ 7.53% ENELAM 87.75 ▲ 4.41% CENCOSUD 1,950 ▼ 2.26% CMPC 1,063 ▼ 0.62% BANCO CHILE 190.99 ▲ 1.32% LATAM AIR 25.29 ▲ 2.43% YPF 8,145 ▼ 1.75% GGAL 7,980 ▲ 1.14% PAMPA 5,515 ▼ 0.72% TXAR 656.00 ▼ 0.53% ALUAR 964.50 ▼ 1.33% TGS 9,955 ▼ 0.95% CEPU 2,378 ▼ 0.75% MIRGOR 1,655 ▼ 89.88% COME 43.58 ▼ 1.02% LOMA NEGRA 3,570 ▼ 1.38% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,388 ▼ 0.45% ECOPETROL 16.58 ▼ 1.16% BANCOLOMBIA 90.93 ▼ 1.72% GRUPO AVAL 5.18 ▼ 1.89% CREDICORP 398.10 ▼ 0.62% SOUTHERN COPPER 185.70 ▲ 1.64% BUENAVENTURA 30.28 ▼ 0.02% MERCADOLIBRE 1,897 ▲ 0.99% NUBANK 14.47 ▲ 0.98% XP 17.04 ▼ 0.12% PAGSEGURO 9.65 ▲ 0.05% STONE 11.29 ▼ 0.79% GLOBANT 37.37 ▲ 2.10% TECNOGLASS 46.10 ▲ 6.12% GAP AIRPORT 216.87 ▼ 0.22% ASUR 276.82 ▲ 0.44% OMA AIRPORT 106.75 ▼ 0.14% AMX ADR 24.75 ▼ 2.37% FEMSA ADR 124.68 ▼ 2.59% CEMEX ADR 11.86 ▲ 0.30% PETROBRAS ADR 19.02 ▼ 1.98% VALE ADR 14.60 ▼ 3.09% ITAU ADR 8.46 ▼ 0.06% SANTANDER BR 5.69 ▲ 0.26% AMBEV ADR 3.08 ▼ 0.96% CSN 0.93 ▼ 5.96% GERDAU 5.00 ▲ 0.80% LATAM ADR 54.39 ▲ 3.08% BTC 63,854 ▲ 0.59% ETH 1,867 ▼ 0.81% SOL 73.64 ▲ 0.26% XRP 1.08 ▼ 0.41% BNB 591.55 ▲ 0.68% ADA 0.19 ▲ 1.08% DOGE 0.07 ▼ 0.59% AVAX 6.53 ▼ 0.18% LINK 8.24 ▼ 1.51% DOT 0.83 ▲ 3.79% LTC 44.11 ▼ 1.18% BCH 213.70 ▲ 0.56% TRX 0.33 ▲ 0.64% XLM 0.17 ▼ 1.48% HBAR 0.07 ▲ 1.11% NEAR 1.74 ▲ 1.60% ATOM 1.36 ▲ 7.21% AAVE 93.43 ▲ 1.55% SELIC 14.25% EGX 54,094 ▼ 0.35% USD/ZAR16.55— 0.00% 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/JPY157.03▼ 0.27% USD/CNY6.74▼ 0.12% 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▼ 0.34% GBP/USD1.34▼ 0.51% SPX 7,601 ▲ 1.49% DJI 53,081 ▲ 1.14% NDX 28,802 ▲ 1.87% RUT 2,976 ▲ 1.52% TSX 35,226 ▼ 0.79% VIX 15.80 ▼ 1.19% USD/CAD1.41▲ 0.30% US10Y 4.6860 ▼ 1.24% 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 5.09 ▲ 0.23% USD/MXN 17.34 ▼ 0.04% USD/CLP 924.67 ▼ 0.04% USD/COP 3,230 ▲ 3.48% USD/PEN 3.39 ▲ 2.19% USD/ARS 1,494 ▲ 0.34% USD/UYU 40.27 ▲ 1.42% USD/PYG 5,936 ▲ 1.22% USD/BOB 12.07 ▲ 4.03% USD/DOP 58.00 ▲ 0.26% USD/CRC 448.42 ▲ 1.34% USD/GTQ 7.62 ▲ 2.17% USD/HNL 26.78 ▲ 1.60% USD/NIO 36.62 ▲ 0.70% USD/VES 746.91 ▲ 0.61% 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 ▲ 0.11% BRENT 83.57 ▼ 7.27% WTI 79.96 ▼ 5.56% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.41% GOLD 4,090 ▲ 1.00% SILVER 57.88 ▲ 0.49% SOY 1,194 ▲ 1.86% CORN 472.25 ▲ 7.15% WHEAT 653.50 ▲ 2.23% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.10 ▲ 2.68% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 226.65 ▼ 2.20% CATTLE 342.13 ▼ 1.70% LITHIUM 69.29 ▲ 0.10% PETR4 42.79 ▼ 1.45% VALE3 74.44 ▼ 2.41% ITUB4 42.95 ▲ 0.18% BBDC4 18.50 ▲ 0.48% ABEV3 15.86 ▼ 0.81% BBAS3 21.24 ▼ 0.52% B3SA3 15.64 ▼ 0.57% WEGE3 48.08 ▲ 1.86% PRIO3 58.59 ▼ 3.71% SUZB3 43.38 ▲ 0.14% RENT3 38.04 ▲ 1.14% AZZA3 16.22 ▼ 1.22% CSAN3 4.06 ▼ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.69 ▲ 3.86% GMAT3 3.99 ▼ 0.99% PSSA3 54.43 ▼ 0.49% CVCB3 1.44 ▲ 9.92% POSI3 3.54 ▼ 0.28% SLCE3 13.41 ▲ 0.22% NATU3 8.43 ▲ 0.60% BRKM5 5.86 ▼ 1.84% RANI3 8.40 ▲ 3.58% CSNA3 4.65 ▼ 3.93% CMIN3 5.68 ▼ 0.53% USIM5 7.56 ▲ 2.72% GGBR4 25.31 ▲ 1.32% ENEV3 26.73 ▲ 1.60% CPFE3 45.83 ▼ 0.67% CMIG4 11.15 ▼ 1.68% EQTL3 38.77 ▲ 0.28% LREN3 13.84 ▲ 1.76% VIVT3 32.37 ▼ 0.80% RAIL3 14.18 ▼ 1.80% KLABIN 18.29 ▲ 0.22% RAIA DROGASIL 18.59 ▲ 0.60% RDOR3 34.18 ▼ 1.33% HAPV3 11.76 ▲ 4.26% FLRY3 17.25 ▲ 0.64% SMTO3 14.40 ▼ 0.83% UGPA3 32.95 ▼ 0.30% VBBR3 36.18 ▲ 0.36% BBSE3 41.57 ▲ 0.75% BPAC11 57.10 ▲ 0.53% CURY3 31.37 ▲ 4.25% AERI3 2.16 ▲ 0.47% VIVARA 22.65 ▲ 2.12% COMPASS 24.85 ▲ 0.04% VAMOS 3.29 ▼ 1.50% SANB11 28.71 ▲ 0.31% ASAI3 8.49 ▼ 0.12% SBSP3 27.21 ▼ 1.77% WALMEX 49.85 ▼ 1.01% GMEXICO 211.66 ▲ 1.62% FEMSA 216.48 ▼ 2.46% CEMEX 20.63 ▲ 0.44% GFNORTE 197.51 ▼ 1.07% BIMBO 61.18 ▼ 1.45% TELEVISA 9.63 ▼ 1.63% AMX 21.48 ▼ 2.36% GAP 375.89 ▼ 0.20% ASUR 276.82 ▲ 0.44% OMA 231.63 ▲ 0.25% KOF 185.51 ▼ 1.29% GRUMA 263.44 ▲ 2.02% KIMBER 39.96 ▼ 0.57% SQM-B 61,803 ▼ 5.57% COPEC 6,275 ▲ 0.41% BSANTANDER 80.22 ▲ 4.18% FALABELLA 6,274 ▲ 7.53% ENELAM 87.75 ▲ 4.41% CENCOSUD 1,950 ▼ 2.26% CMPC 1,063 ▼ 0.62% BANCO CHILE 190.99 ▲ 1.32% LATAM AIR 25.29 ▲ 2.43% YPF 8,145 ▼ 1.75% GGAL 7,980 ▲ 1.14% PAMPA 5,515 ▼ 0.72% TXAR 656.00 ▼ 0.53% ALUAR 964.50 ▼ 1.33% TGS 9,955 ▼ 0.95% CEPU 2,378 ▼ 0.75% MIRGOR 1,655 ▼ 89.88% COME 43.58 ▼ 1.02% LOMA NEGRA 3,570 ▼ 1.38% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,388 ▼ 0.45% ECOPETROL 16.58 ▼ 1.16% BANCOLOMBIA 90.93 ▼ 1.72% GRUPO AVAL 5.18 ▼ 1.89% CREDICORP 398.10 ▼ 0.62% SOUTHERN COPPER 185.70 ▲ 1.64% BUENAVENTURA 30.28 ▼ 0.02% MERCADOLIBRE 1,897 ▲ 0.99% NUBANK 14.47 ▲ 0.98% XP 17.04 ▼ 0.12% PAGSEGURO 9.65 ▲ 0.05% STONE 11.29 ▼ 0.79% GLOBANT 37.37 ▲ 2.10% TECNOGLASS 46.10 ▲ 6.12% GAP AIRPORT 216.87 ▼ 0.22% ASUR 276.82 ▲ 0.44% OMA AIRPORT 106.75 ▼ 0.14% AMX ADR 24.75 ▼ 2.37% FEMSA ADR 124.68 ▼ 2.59% CEMEX ADR 11.86 ▲ 0.30% PETROBRAS ADR 19.02 ▼ 1.98% VALE ADR 14.60 ▼ 3.09% ITAU ADR 8.46 ▼ 0.06% SANTANDER BR 5.69 ▲ 0.26% AMBEV ADR 3.08 ▼ 0.96% CSN 0.93 ▼ 5.96% GERDAU 5.00 ▲ 0.80% LATAM ADR 54.39 ▲ 3.08% BTC 63,854 ▲ 0.59% ETH 1,867 ▼ 0.81% SOL 73.64 ▲ 0.26% XRP 1.08 ▼ 0.41% BNB 591.55 ▲ 0.68% ADA 0.19 ▲ 1.08% DOGE 0.07 ▼ 0.59% AVAX 6.53 ▼ 0.18% LINK 8.24 ▼ 1.51% DOT 0.83 ▲ 3.79% LTC 44.11 ▼ 1.18% BCH 213.70 ▲ 0.56% TRX 0.33 ▲ 0.64% XLM 0.17 ▼ 1.48% HBAR 0.07 ▲ 1.11% NEAR 1.74 ▲ 1.60% ATOM 1.36 ▲ 7.21% AAVE 93.43 ▲ 1.55% SELIC 14.25% EGX 54,094 ▼ 0.35% USD/ZAR 16.55 ▲ 0.05% 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 157.02 ▼ 0.24% USD/CNY 6.7434 ▼ 0.02% 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 1.1505 ▼ 0.19% GBP/USD 1.3419 ▼ 0.50% SPX 7,601 ▲ 1.49% DJI 53,081 ▲ 1.14% NDX 28,802 ▲ 1.87% RUT 2,976 ▲ 1.52% TSX 35,226 ▼ 0.79% VIX 15.80 ▼ 1.19% USD/CAD 1.4048 ▲ 0.22% US10Y 4.6860 ▼ 1.24%
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Brazil’s City of Mariana Refuses to Withdraw UK Samarco Lawsuit

By · November 19, 2018 · 2 min read

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By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – The city of Mariana (MG) will not withdraw the lawsuit filed in the United Kingdom for damages suffered as a result of the 2015 rupture of the dam in the Samarco mining facilities, says the city’s mayor. Samarco is a partnership between Brazilian Vale and Anglo-Australian BHP Billiton.

Brazil,Toxic mud goes down the Rio Doce River in the state of Espirito Santo, Brazil News,
Toxic mud goes down the Rio Doce River in the state of Espirito Santo, photo by Secom/Governo do Espírito Santo.
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“They want us to give up our rights to receive something that has already been agreed on. The mining executives think that they can put a muzzle on the mayors,” Mariana’s mayor, Duarte Júnior, told government news agency Agencia Brasil.

The withdrawal of the lawsuit is a requirement by the Renova Foundation to pay R$53 million as damage compensation to the municipalities affected by the toxic spill in the Rio Doce Basin.

According to the mayor, in the original damage calculation by the thirty-nine municipalities, the fair amount to be awarded was R$83 million, but to speed up the release of the compensation by the mining companies involved (Samarco, Vale and BHP Billiton), the mayors agreed to R$53 million offered by the Renova Foundation.

The negotiations, according to Duarte Junior, however, did not include withdrawing the lawsuit filed in the UK. This new requirement took mayors by surprise, according to the official.

Nonetheless, Duarte Junior says that some of the mayors of the municipalities hardest hit by the toxic mud which spilled into the Rio Doce River and made its way to the Atlantic Ocean, are seriously thinking about accepting the demands to receive the funds.

“Some mayors are thinking of signing (the agreement) because the population is pressuring them, and they need the resources to pay debts, 13th salary and honor other commitments. In my case, I will not give up the rights that the city has,” said Duarte Júnior.

The subject is expected to be discussed by the officials at the Permanent Forum of Mayors of the Rio Doce, which meets this week.

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