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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Politics - Brazil Rio de Janeiro

Government Threatens Universities With Funding Cut by Thirty Percent

By · May 2, 2019 · 2 min read

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By AP/Contributing Reporter

RIO DE JANEIRO, BRAZIL – Education officials in Brazil’s far-right government say they are slashing university funding by 30 percent, a move at least partly believed to be motivated by complaints about partisan activities on campus.

President Jair Bolsonaro recently tweeted that funding for sociology and philosophy studies could be eliminated.
President Jair Bolsonaro recently tweeted that funding for sociology and philosophy studies could be eliminated.
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Education Minister Abraham Weintraub first told the newspaper O Estado de São Paulo on Tuesday that he had cut the budget of three federal universities — Brasília, Bahia, and Fluminense — because of their ideological stance and poor performance.

Weintraub complained about political events, partisan demonstrations and other events that he said are inappropriate for a university, though he did not give specific examples, according to the newspaper.

“The university must have a surplus of money to be making such a mess and organizing ridiculous events,” Weintraub said. “I can cut and, unfortunately, need to cut from somewhere,” he added, saying it was part of a broader administration effort to reduce public spending.

University staff and education experts denounced the ideological nature of the decision. Some said the move was unconstitutional.

Later in the day, Arnaldo Barbosa de Lima Junior, the ministry’s chief of higher education, told Globo TV that the budget cuts would be made equally across all universities and institutes linked to the department.

He also said the ministry was looking into establishing “parameters” that would allow some universities to get smaller budget cuts.

The move could affect nearly 300 public universities, faculties, and other educational institutes, according to a 2017 higher education census.

University officials said the cuts would likely affect scholarships, utility services, and maintenance.

The Fluminense Federal University said the funding move if confirmed, “will have serious consequences for the full functioning of the university.”

All three institutions named by Weintraub are among Brazil’s top 20 universities, according to many listings, including the Times Higher Education’s World University Ranking.

This is not the first time that the ministry’s officials have aimed at Brazil’s public education sector, which the new administration believes to be ridden with “Marxist ideology.”

President Jair Bolsonaro recently tweeted that funding for sociology and philosophy studies could be eliminated.

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