IBOV 177,118.69 ▼ 0.49% IPSA 11,002.99 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,890.85 — — USD/BRL5.08▲ 0.10% USD/MXN17.32▲ 0.05% USD/CLP924.40▼ 0.72% USD/COP3,231▲ 0.88% USD/PEN3.39▲ 0.12% USD/ARS1,494▲ 0.54% 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/JMD156.98▼ 0.13% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.27% BRENT 83.67 ▼ 7.16% WTI 79.47 ▼ 6.14% IRON ORE 161.91 — — COPPER 6.50 ▲ 0.96% GOLD 4,092 ▲ 1.05% SILVER 57.45 ▼ 0.25% SOY 1,186 ▲ 1.19% CORN 466.50 ▲ 5.84% WHEAT 642.75 ▲ 0.55% COFFEE 304.05 ▼ 8.45% SUGAR 14.86 ▲ 1.36% ORANGE JUICE 153.50 ▼ 0.94% COTTON 80.51 ▲ 0.01% COCOA 5,838 ▲ 8.17% BEEF 229.25 ▼ 1.08% CATTLE 347.43 ▼ 0.17% LITHIUM 69.30 ▲ 0.12% PETR4 42.96 ▼ 1.06% VALE3 74.27 ▼ 2.64% ITUB4 42.97 ▲ 0.23% BBDC4 18.39 ▼ 0.11% ABEV3 15.89 ▼ 0.63% BBAS3 21.25 ▼ 0.47% B3SA3 15.68 ▼ 0.32% WEGE3 47.85 ▲ 1.38% PRIO3 58.78 ▼ 3.40% SUZB3 43.12 ▼ 0.46% RENT3 37.80 ▲ 0.51% AZZA3 15.99 ▼ 2.62% CSAN3 4.05 ▼ 0.49% RAIZ4 0.25 ▼ 3.85% PCAR3 2.68 ▲ 3.47% GMAT3 4.00 ▼ 0.74% PSSA3 54.52 ▼ 0.33% CVCB3 1.34 ▲ 2.29% POSI3 3.53 ▼ 0.56% SLCE3 13.28 ▼ 0.75% NATU3 8.42 ▲ 0.48% BRKM5 5.85 ▼ 2.01% RANI3 8.21 ▲ 1.23% CSNA3 4.43 ▼ 8.47% CMIN3 5.66 ▼ 0.88% USIM5 7.41 ▲ 0.68% GGBR4 25.00 ▲ 0.08% ENEV3 26.57 ▲ 0.99% CPFE3 45.93 ▼ 0.46% CMIG4 11.24 ▼ 0.88% EQTL3 38.67 ▲ 0.03% LREN3 13.88 ▲ 2.06% VIVT3 32.55 ▼ 0.25% RAIL3 14.12 ▼ 2.22% KLABIN 18.18 ▼ 0.38% RAIA DROGASIL 18.51 ▲ 0.16% RDOR3 34.40 ▼ 0.69% HAPV3 11.62 ▲ 3.01% FLRY3 17.17 ▲ 0.18% SMTO3 14.52 — 0.00% UGPA3 32.79 ▼ 0.79% VBBR3 36.01 ▼ 0.11% BBSE3 41.43 ▲ 0.41% BPAC11 57.00 ▲ 0.35% CURY3 31.01 ▲ 3.06% AERI3 2.17 ▲ 0.93% VIVARA 22.16 ▼ 0.09% COMPASS 24.71 ▼ 0.52% VAMOS 3.28 ▼ 1.80% SANB11 28.64 ▲ 0.07% ASAI3 8.51 ▲ 0.12% SBSP3 27.37 ▼ 1.19% WALMEX 50.05 ▼ 0.40% GMEXICO 209.61 ▲ 0.91% FEMSA 217.55 ▼ 1.76% CEMEX 20.75 ▲ 1.17% GFNORTE 199.16 ▼ 0.71% BIMBO 61.72 ▼ 0.39% TELEVISA 9.68 ▼ 1.33% AMX 21.84 ▼ 1.04% GAP 373.80 ▼ 0.73% ASUR 276.95 ▲ 0.48% OMA 229.91 ▼ 0.61% KOF 188.03 ▲ 0.41% GRUMA 260.11 ▲ 0.73% KIMBER 40.15 ▼ 0.12% SQM-B 61,823 ▼ 1.40% COPEC 6,353 ▲ 0.05% BSANTANDER 80.43 ▼ 0.69% FALABELLA 6,216 ▲ 0.00% ENELAM 87.91 ▼ 0.09% CENCOSUD 1,960 ▲ 0.26% CMPC 1,059 ▲ 0.41% BANCO CHILE 191.77 ▼ 1.00% LATAM AIR 25.27 ▲ 2.14% YPF 8,200 ▼ 1.09% GGAL 7,880 ▼ 0.02% PAMPA 5,470 ▼ 1.53% TXAR 655.00 ▼ 0.68% ALUAR 966.50 ▼ 1.13% TGS 9,930 ▼ 1.19% CEPU 2,379 ▼ 0.71% MIRGOR 16,450 ▲ 0.61% COME 43.50 ▼ 1.20% LOMA NEGRA 3,593 ▼ 0.76% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,415 ▲ 0.17% ECOPETROL 16.46 ▼ 1.85% BANCOLOMBIA 90.85 ▼ 1.81% GRUPO AVAL 5.21 ▼ 1.33% CREDICORP 398.39 ▼ 0.55% SOUTHERN COPPER 184.17 ▲ 0.80% BUENAVENTURA 30.42 ▲ 0.46% MERCADOLIBRE 1,879 ▲ 0.05% NUBANK 14.27 ▼ 0.45% XP 16.96 ▼ 0.59% PAGSEGURO 9.61 ▼ 0.31% STONE 11.21 ▼ 1.45% GLOBANT 36.98 ▲ 1.02% TECNOGLASS 45.35 ▲ 4.40% GAP AIRPORT 215.69 ▼ 0.76% ASUR 276.95 ▲ 0.48% OMA AIRPORT 106.40 ▼ 0.47% AMX ADR 25.14 ▼ 0.84% FEMSA ADR 125.39 ▼ 2.03% CEMEX ADR 11.97 ▲ 1.23% PETROBRAS ADR 19.15 ▼ 1.29% VALE ADR 14.57 ▼ 3.25% ITAU ADR 8.48 ▲ 0.18% SANTANDER BR 5.69 ▲ 0.35% AMBEV ADR 3.09 ▼ 0.64% CSN 0.89 ▼ 9.61% GERDAU 4.94 ▼ 0.40% LATAM ADR 54.46 ▲ 3.22% BTC 63,812 ▲ 0.52% ETH 1,866 ▼ 0.88% SOL 73.60 ▲ 0.21% XRP 1.08 ▼ 0.47% BNB 589.10 ▲ 0.26% ADA 0.19 ▲ 0.66% DOGE 0.07 ▼ 0.57% AVAX 6.53 ▼ 0.18% LINK 8.28 ▼ 1.12% DOT 0.82 ▲ 3.04% LTC 44.37 ▼ 0.59% BCH 210.87 ▼ 0.78% TRX 0.33 ▲ 0.54% XLM 0.17 ▼ 1.18% HBAR 0.07 ▼ 0.60% NEAR 1.75 ▲ 1.71% ATOM 1.33 ▲ 5.15% AAVE 93.54 ▲ 1.67% SELIC 14.25% EMBRAER 89.52 ▲ 3.03% EMBRAER ADR 70.45 ▲ 3.10% JBS 13.79 ▼ 1.64% JBS BDR 70.00 ▼ 0.99% MBRF3 17.58 ▲ 0.23% MBRFY 3.41 ▼ 0.87% INTER 5.52 ▼ 1.52% EGX 54,094 ▼ 0.35% USD/ZAR16.51▼ 0.26% 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/JPY156.58▼ 0.55% USD/CNY 6.7447 — 0.00% DAX 26,070 ▲ 1.72% CAC 8,631 ▲ 1.43% FTSE 10,843 ▼ 0.23% MIB 52,769 ▲ 1.14% IBEX 19,950 ▲ 0.85% STOXX 652.32 ▲ 0.48% EUR/USD1.15▼ 0.23% GBP/USD1.34▼ 0.39% SPX 7,578 ▲ 1.18% DJI 53,055 ▲ 1.09% NDX 28,677 ▲ 1.42% RUT 2,976 ▲ 1.54% TSX 35,226 ▼ 0.79% VIX 15.74 ▼ 1.56% USD/CAD1.40▲ 0.20% US10Y 4.6840 ▼ 1.29% IBOV 177,118.69 ▼ 0.49% IPSA 11,002.99 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,890.85 — — USD/BRL 5.08 ▲ 0.09% USD/MXN 17.31 ▼ 0.01% USD/CLP 924.80 ▼ 0.68% USD/COP 3,228 ▲ 0.79% USD/PEN 3.39 ▲ 0.13% 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 58.13 ▲ 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 156.98 ▲ 0.24% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.84 ▼ 0.28% BRENT 83.67 ▼ 7.16% WTI 79.47 ▼ 6.14% IRON ORE 161.91 — — COPPER 6.50 ▲ 0.96% GOLD 4,092 ▲ 1.05% SILVER 57.45 ▼ 0.25% SOY 1,186 ▲ 1.19% CORN 466.50 ▲ 5.84% WHEAT 642.75 ▲ 0.55% COFFEE 304.05 ▼ 8.45% SUGAR 14.86 ▲ 1.36% ORANGE JUICE 153.50 ▼ 0.94% COTTON 80.51 ▲ 0.01% COCOA 5,838 ▲ 8.17% BEEF 229.25 ▼ 1.08% CATTLE 347.43 ▼ 0.17% LITHIUM 69.30 ▲ 0.12% PETR4 42.96 ▼ 1.06% VALE3 74.27 ▼ 2.64% ITUB4 42.97 ▲ 0.23% BBDC4 18.39 ▼ 0.11% ABEV3 15.89 ▼ 0.63% BBAS3 21.25 ▼ 0.47% B3SA3 15.68 ▼ 0.32% WEGE3 47.85 ▲ 1.38% PRIO3 58.78 ▼ 3.40% SUZB3 43.12 ▼ 0.46% RENT3 37.80 ▲ 0.51% AZZA3 15.99 ▼ 2.62% CSAN3 4.05 ▼ 0.49% RAIZ4 0.25 ▼ 3.85% PCAR3 2.68 ▲ 3.47% GMAT3 4.00 ▼ 0.74% PSSA3 54.52 ▼ 0.33% CVCB3 1.34 ▲ 2.29% POSI3 3.53 ▼ 0.56% SLCE3 13.28 ▼ 0.75% NATU3 8.42 ▲ 0.48% BRKM5 5.85 ▼ 2.01% RANI3 8.21 ▲ 1.23% CSNA3 4.43 ▼ 8.47% CMIN3 5.66 ▼ 0.88% USIM5 7.41 ▲ 0.68% GGBR4 25.00 ▲ 0.08% ENEV3 26.57 ▲ 0.99% CPFE3 45.93 ▼ 0.46% CMIG4 11.24 ▼ 0.88% EQTL3 38.67 ▲ 0.03% LREN3 13.88 ▲ 2.06% VIVT3 32.55 ▼ 0.25% RAIL3 14.12 ▼ 2.22% KLABIN 18.18 ▼ 0.38% RAIA DROGASIL 18.51 ▲ 0.16% RDOR3 34.40 ▼ 0.69% HAPV3 11.62 ▲ 3.01% FLRY3 17.17 ▲ 0.18% SMTO3 14.52 — 0.00% UGPA3 32.79 ▼ 0.79% VBBR3 36.01 ▼ 0.11% BBSE3 41.43 ▲ 0.41% BPAC11 57.00 ▲ 0.35% CURY3 31.01 ▲ 3.06% AERI3 2.17 ▲ 0.93% VIVARA 22.16 ▼ 0.09% COMPASS 24.71 ▼ 0.52% VAMOS 3.28 ▼ 1.80% SANB11 28.64 ▲ 0.07% ASAI3 8.51 ▲ 0.12% SBSP3 27.37 ▼ 1.19% WALMEX 50.05 ▼ 0.40% GMEXICO 209.61 ▲ 0.91% FEMSA 217.55 ▼ 1.76% CEMEX 20.75 ▲ 1.17% GFNORTE 199.16 ▼ 0.71% BIMBO 61.72 ▼ 0.39% TELEVISA 9.68 ▼ 1.33% AMX 21.84 ▼ 1.04% GAP 373.80 ▼ 0.73% ASUR 276.95 ▲ 0.48% OMA 229.91 ▼ 0.61% KOF 188.03 ▲ 0.41% GRUMA 260.11 ▲ 0.73% KIMBER 40.15 ▼ 0.12% SQM-B 61,823 ▼ 1.40% COPEC 6,353 ▲ 0.05% BSANTANDER 80.43 ▼ 0.69% FALABELLA 6,216 ▲ 0.00% ENELAM 87.91 ▼ 0.09% CENCOSUD 1,960 ▲ 0.26% CMPC 1,059 ▲ 0.41% BANCO CHILE 191.77 ▼ 1.00% LATAM AIR 25.27 ▲ 2.14% YPF 8,200 ▼ 1.09% GGAL 7,880 ▼ 0.02% PAMPA 5,470 ▼ 1.53% TXAR 655.00 ▼ 0.68% ALUAR 966.50 ▼ 1.13% TGS 9,930 ▼ 1.19% CEPU 2,379 ▼ 0.71% MIRGOR 16,450 ▲ 0.61% COME 43.50 ▼ 1.20% LOMA NEGRA 3,593 ▼ 0.76% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,415 ▲ 0.17% ECOPETROL 16.46 ▼ 1.85% BANCOLOMBIA 90.85 ▼ 1.81% GRUPO AVAL 5.21 ▼ 1.33% CREDICORP 398.39 ▼ 0.55% SOUTHERN COPPER 184.17 ▲ 0.80% BUENAVENTURA 30.42 ▲ 0.46% MERCADOLIBRE 1,879 ▲ 0.05% NUBANK 14.27 ▼ 0.45% XP 16.96 ▼ 0.59% PAGSEGURO 9.61 ▼ 0.31% STONE 11.21 ▼ 1.45% GLOBANT 36.98 ▲ 1.02% TECNOGLASS 45.35 ▲ 4.40% GAP AIRPORT 215.69 ▼ 0.76% ASUR 276.95 ▲ 0.48% OMA AIRPORT 106.40 ▼ 0.47% AMX ADR 25.14 ▼ 0.84% FEMSA ADR 125.39 ▼ 2.03% CEMEX ADR 11.97 ▲ 1.23% PETROBRAS ADR 19.15 ▼ 1.29% VALE ADR 14.57 ▼ 3.25% ITAU ADR 8.48 ▲ 0.18% SANTANDER BR 5.69 ▲ 0.35% AMBEV ADR 3.09 ▼ 0.64% CSN 0.89 ▼ 9.61% GERDAU 4.94 ▼ 0.40% LATAM ADR 54.46 ▲ 3.22% BTC 63,812 ▲ 0.52% ETH 1,866 ▼ 0.88% SOL 73.60 ▲ 0.21% XRP 1.08 ▼ 0.47% BNB 589.10 ▲ 0.26% ADA 0.19 ▲ 0.66% DOGE 0.07 ▼ 0.57% AVAX 6.53 ▼ 0.18% LINK 8.28 ▼ 1.12% DOT 0.82 ▲ 3.04% LTC 44.37 ▼ 0.59% BCH 210.87 ▼ 0.78% TRX 0.33 ▲ 0.54% XLM 0.17 ▼ 1.18% HBAR 0.07 ▼ 0.60% NEAR 1.75 ▲ 1.71% ATOM 1.33 ▲ 5.15% AAVE 93.54 ▲ 1.67% SELIC 14.25% EMBRAER 89.52 ▲ 3.03% EMBRAER ADR 70.45 ▲ 3.10% JBS 13.79 ▼ 1.64% JBS BDR 70.00 ▼ 0.99% MBRF3 17.58 ▲ 0.23% MBRFY 3.41 ▼ 0.87% INTER 5.52 ▼ 1.52% EGX 54,094 ▼ 0.35% USD/ZAR 16.50 ▼ 0.24% 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 156.59 ▼ 0.52% USD/CNY 6.7447 — 0.00% DAX 26,070 ▲ 1.72% CAC 8,631 ▲ 1.43% FTSE 10,843 ▼ 0.23% MIB 52,769 ▲ 1.14% IBEX 19,950 ▲ 0.85% STOXX 652.32 ▲ 0.48% EUR/USD 1.1518 ▼ 0.08% GBP/USD 1.3438 ▼ 0.36% SPX 7,578 ▲ 1.18% DJI 53,055 ▲ 1.09% NDX 28,677 ▲ 1.42% RUT 2,976 ▲ 1.54% TSX 35,226 ▼ 0.79% VIX 15.74 ▼ 1.56% USD/CAD 1.4035 ▲ 0.13% US10Y 4.6840 ▼ 1.29%
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Brazil Business - Brazil

Brazil Would Welcome BRICS-Like Bloc With Gulf States, Says Eduardo Bolsonaro

By · August 5, 2019 · 3 min read

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RIO DE JANEIRO, BRAZIL – Emirates News Agency reports that Brazil would welcome a BRICS-like bloc with the Gulf states to work towards achieving common goals, according to Eduardo Bolsonaro.

Brazil is the current chair of the BRICS, an informal association of five major emerging economies: Brazil, Russia, India, China, and South Africa.

President Jair Bolsonaro will travel to the UAE in October to discuss with UAE leaders among other things, new options of collaboration. (Photo internet reproduction)
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“We are open to new markets and new opportunities; therefore, we would welcome such an idea,” Eduardo Bolsonaro, Chairperson of Foreign Relations and National Defence Committee in the Chamber of Deputies, the lower house of the Brazilian Parliament, told the Emirates News Agency, WAM, in an exclusive interview during his visit to the United Arab Emirates.

“This is something the Brazilian president can discuss with the UAE leaders during his state visit to the UAE,” said Bolsonaro, revealing that President Jair Bolsonaro had accepted an invitation from the UAE leadership to visit the Emirates in October.

H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, was the first foreign minister from the Arab World to visit [in March] the Brazilian president after he came into power in January 2019, he said.

As Brazil’s reciprocal gesture to the UAE leadership, the president’s state visit to the UAE will be his first state visit to a country in this region, said the Congressman who is the son of the Brazilian president.

There are many factors that cut short the long distance between both nations, he added.
Both countries stand together against terrorism in all forms. A bilateral visa exemption agreement that allows citizens of both countries visa-free travel since June 2018 has been encouraging tourism and people-to-people relations, the congressman pointed out.

Two daily flights operated by Emirates from Dubai to Brazil [Rio de Janeiro and São Paulo] are the only direct flights from the UAE to Latin America. “That’s why Brazil acts as a gateway to Latin America for the UAE,” said Eduardo Bolsonaro.

On Saturday, Sheikh Abdullah and Bolsonaro met in Abu Dhabi to discuss the bilateral cooperation in the economic, investment, commercial, parliamentary, tourism, military and defense fields. They also emphasized the need to step up joint cooperation in combating terrorism and extremism of all forms.

“The UAE is looking forward to boosting cooperation with Brazil in all domains for the benefit of the two friendly peoples,” Sheikh Abdullah said in the meeting.

Bolsonaro said about 10,000 Brazilians were living in the UAE and sports such as Jiu-Jitsu and football brought Brazil and the UAE even closer.

There are about 1,600 Brazilian jiu-jitsu instructors and many Brazilian footballers with local clubs in the UAE, the MP said.  Talking about the “12-million strong Arab community in Brazil,” the congressman said around seven or eight million Arab Lebanese among them constituted a larger population than that of [six million] Lebanon.

Arabs started coming to Brazil in the 19th Century and became part of the society. “They preserved their own culture but did not want to change Brazilian culture.”

Flavio Bolsonaro during the interview with Emirates News Agency
Flavio Bolsonaro during the interview with the Emirates News Agency. (Photo Emirates News Agency)

He said a different trend was seen among migrants to Europe today. “Some new migrants in Europe want to change the culture of their host counties. That is something causing conflicts, I don’t think it is healthy,” Bolsonaro explained.

Brazil continues to welcome migrants from all over the world. “We have [descendants from] China, Japan, Iran, India, Africa, Europe, and Jews. That’s why Brazil with its more than 200 million population is a big country with many small countries inside,” he said.

About the US-Iran tensions in the Gulf region, he said, “We don’t see [the possibility] of a war. But we think it could be very dangerous if Iran develops nuclear weapons.”

Asked about the potential diplomatic solution to the issue, he said, “It depends on Iran’s action. Otherwise, Iran may attract more economic sanctions from the US. Iran’s economy is not doing well and it is a good time for them to reflect on what they are doing,” the Congressman concluded.

(Source: Emirates News Agency)

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