IBOV 178,000.24 — 0.00% IPSA 11,049.58 ▲ 0.30% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,274,443 — 0.00% COLCAP 2,384.67 ▼ 0.31% BVL PERÚ 57,378.30 — — USD/BRL5.09▲ 0.01% USD/MXN17.29▼ 0.28% USD/CLP918.84▼ 0.72% USD/COP3,229▲ 3.05% USD/PEN3.38▼ 0.41% USD/ARS1,494▲ 0.54% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.03▲ 1.54% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO36.62▲ 1.01% USD/VES750.21▲ 0.32% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19▲ 0.58% USD/TTD6.74▲ 0.40% EUR/BRL5.86▲ 0.14% BRENT 81.14 ▼ 3.14% WTI 77.24 ▼ 3.86% IRON ORE 161.91 — — COPPER 6.67 ▲ 2.33% GOLD 4,132 ▲ 2.42% SILVER 59.61 ▲ 3.37% SOY 1,182 ▲ 1.09% CORN 469.00 ▲ 4.40% WHEAT 641.25 ▼ 1.50% COFFEE 321.90 ▲ 0.75% SUGAR 15.26 ▲ 1.67% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.90 ▲ 0.68% COCOA 5,838 ▼ 1.70% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▼ 0.57% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 0.70% BBDC4 18.55 ▲ 0.76% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 1.28% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 1.43% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 6.82% CMIN3 5.73 ▲ 0.35% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▼ 0.07% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 0.84% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 0.22% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 0.59% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,910 ▼ 1.26% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.00 ▼ 1.13% CENCOSUD 1,955 ▲ 0.01% CMPC 1,050 ▼ 0.47% BANCO CHILE 192.48 ▼ 0.64% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 655.00 ▼ 0.68% ALUAR 965.00 ▼ 1.28% TGS 9,875 ▼ 1.74% CEPU 2,378 ▼ 0.75% MIRGOR 1,680 ▼ 89.72% COME 43.23 ▼ 1.82% LOMA NEGRA 3,600 ▼ 0.55% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.60 ▼ 1.01% BANCOLOMBIA 91.07 ▼ 1.57% GRUPO AVAL 5.24 ▼ 0.76% CREDICORP 395.79 ▼ 1.20% SOUTHERN COPPER 185.91 ▲ 1.75% BUENAVENTURA 30.47 ▲ 0.63% MERCADOLIBRE 1,899 ▲ 1.11% NUBANK 14.44 ▲ 0.77% XP 17.03 ▼ 0.18% PAGSEGURO 9.60 ▼ 0.41% STONE 11.35 ▼ 0.22% GLOBANT 37.14 ▲ 1.48% TECNOGLASS 46.76 ▲ 7.64% GAP AIRPORT 218.14 ▲ 0.36% ASUR 278.60 ▲ 1.08% OMA AIRPORT 106.73 ▼ 0.16% AMX ADR 24.96 ▼ 1.54% FEMSA ADR 125.75 ▼ 1.75% CEMEX ADR 11.84 ▲ 0.17% PETROBRAS ADR 19.06 ▼ 1.75% VALE ADR 14.58 ▼ 3.19% ITAU ADR 8.49 ▲ 0.35% SANTANDER BR 5.74 ▲ 1.23% AMBEV ADR 3.05 ▼ 1.93% CSN 0.93 ▼ 5.65% GERDAU 5.06 ▲ 2.02% LATAM ADR 54.53 ▲ 3.35% BTC 63,805 ▲ 0.54% ETH 1,869 ▲ 0.58% SOL 73.73 ▲ 0.35% XRP 1.08 ▲ 0.17% BNB 590.49 ▲ 0.29% ADA 0.19 ▲ 0.30% DOGE 0.07 ▲ 0.41% AVAX 6.80 ▲ 3.65% LINK 8.19 ▲ 0.24% DOT 0.83 ▲ 0.93% LTC 44.25 ▲ 0.00% BCH 213.85 ▲ 0.34% TRX 0.33 ▲ 0.12% XLM 0.17 ▼ 0.41% HBAR 0.07 ▲ 0.53% NEAR 1.74 ▲ 0.37% ATOM 1.38 ▲ 1.35% AAVE 91.97 ▼ 0.34% SELIC 14.25% EMBRAER 89.60 ▲ 3.12% EMBRAER ADR 70.94 ▲ 3.82% JBS 13.76 ▼ 1.85% JBS BDR 69.57 ▼ 1.60% MBRF3 17.70 ▲ 0.91% MBRFY 3.37 — 0.00% INTER 5.63 ▲ 0.54% EGX 54,502 ▲ 0.75% USD/ZAR16.44▼ 0.53% USD/NGN 1,361 — 0.00% NIKKEI 63,958 ▲ 0.32% CSI300 4,601 ▲ 1.27% HSI 25,853 ▼ 0.60% NIFTY 24,615 ▼ 0.64% KOSPI 6,359 ▲ 1.62% JCI 6,320 ▲ 1.37% USD/JPY157.44▲ 0.17% USD/CNY6.74▼ 0.20% DAX 26,205 ▲ 0.78% CAC 8,641 ▲ 0.31% FTSE 10,917 ▲ 0.54% MIB 53,514 ▲ 1.21% IBEX 20,038 ▲ 0.28% STOXX 657.33 ▲ 0.80% EUR/USD1.15▲ 0.09% GBP/USD1.34▼ 0.33% SPX 7,601 ▲ 1.48% DJI 53,178 ▲ 1.32% NDX 28,777 ▲ 1.78% RUT 2,982 ▲ 1.73% TSX 35,226 ▼ 0.79% VIX 15.63 ▼ 1.45% USD/CAD1.41▲ 0.07% US10Y 4.6860 ▼ 1.24% IBOV 178,000.24 — 0.00% IPSA 11,049.58 ▲ 0.30% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,274,443 — 0.00% COLCAP 2,384.67 ▼ 0.31% BVL PERÚ 57,378.30 — — USD/BRL 5.08 ▼ 0.19% USD/MXN 17.29 ▼ 0.31% USD/CLP 918.39 ▼ 0.77% USD/COP 3,229 ▲ 3.05% USD/PEN 3.38 ▼ 0.41% 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 58.03 ▲ 1.54% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 ▲ 1.01% USD/VES 750.21 ▲ 0.32% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.19 ▲ 0.58% USD/TTD 6.74 ▲ 1.53% EUR/BRL 5.85 ▼ 0.05% BRENT 81.14 ▼ 3.14% WTI 77.24 ▼ 3.86% IRON ORE 161.91 — — COPPER 6.67 ▲ 2.33% GOLD 4,132 ▲ 2.42% SILVER 59.61 ▲ 3.37% SOY 1,182 ▲ 1.09% CORN 469.00 ▲ 4.40% WHEAT 641.25 ▼ 1.50% COFFEE 321.90 ▲ 0.75% SUGAR 15.26 ▲ 1.67% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.90 ▲ 0.68% COCOA 5,838 ▼ 1.70% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▼ 0.57% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 0.70% BBDC4 18.55 ▲ 0.76% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 1.28% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 1.43% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 6.82% CMIN3 5.73 ▲ 0.35% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▼ 0.07% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 0.84% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 0.22% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 0.59% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,910 ▼ 1.26% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.00 ▼ 1.13% CENCOSUD 1,955 ▲ 0.01% CMPC 1,050 ▼ 0.47% BANCO CHILE 192.48 ▼ 0.64% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 655.00 ▼ 0.68% ALUAR 965.00 ▼ 1.28% TGS 9,875 ▼ 1.74% CEPU 2,378 ▼ 0.75% MIRGOR 1,680 ▼ 89.72% COME 43.23 ▼ 1.82% LOMA NEGRA 3,600 ▼ 0.55% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.60 ▼ 1.01% BANCOLOMBIA 91.07 ▼ 1.57% GRUPO AVAL 5.24 ▼ 0.76% CREDICORP 395.79 ▼ 1.20% SOUTHERN COPPER 185.91 ▲ 1.75% BUENAVENTURA 30.47 ▲ 0.63% MERCADOLIBRE 1,899 ▲ 1.11% NUBANK 14.44 ▲ 0.77% XP 17.03 ▼ 0.18% PAGSEGURO 9.60 ▼ 0.41% STONE 11.35 ▼ 0.22% GLOBANT 37.14 ▲ 1.48% TECNOGLASS 46.76 ▲ 7.64% GAP AIRPORT 218.14 ▲ 0.36% ASUR 278.60 ▲ 1.08% OMA AIRPORT 106.73 ▼ 0.16% AMX ADR 24.96 ▼ 1.54% FEMSA ADR 125.75 ▼ 1.75% CEMEX ADR 11.84 ▲ 0.17% PETROBRAS ADR 19.06 ▼ 1.75% VALE ADR 14.58 ▼ 3.19% ITAU ADR 8.49 ▲ 0.35% SANTANDER BR 5.74 ▲ 1.23% AMBEV ADR 3.05 ▼ 1.93% CSN 0.93 ▼ 5.65% GERDAU 5.06 ▲ 2.02% LATAM ADR 54.53 ▲ 3.35% BTC 63,805 ▲ 0.54% ETH 1,869 ▲ 0.58% SOL 73.73 ▲ 0.35% XRP 1.08 ▲ 0.17% BNB 590.49 ▲ 0.29% ADA 0.19 ▲ 0.30% DOGE 0.07 ▲ 0.41% AVAX 6.80 ▲ 3.65% LINK 8.19 ▲ 0.24% DOT 0.83 ▲ 0.93% LTC 44.25 ▲ 0.00% BCH 213.85 ▲ 0.34% TRX 0.33 ▲ 0.12% XLM 0.17 ▼ 0.41% HBAR 0.07 ▲ 0.53% NEAR 1.74 ▲ 0.37% ATOM 1.38 ▲ 1.35% AAVE 91.97 ▼ 0.34% SELIC 14.25% EMBRAER 89.60 ▲ 3.12% EMBRAER ADR 70.94 ▲ 3.82% JBS 13.76 ▼ 1.85% JBS BDR 69.57 ▼ 1.60% MBRF3 17.70 ▲ 0.91% MBRFY 3.37 — 0.00% INTER 5.63 ▲ 0.54% EGX 54,502 ▲ 0.75% USD/ZAR 16.44 ▼ 0.39% USD/NGN 1,361 — 0.00% NIKKEI 63,958 ▲ 0.32% CSI300 4,601 ▲ 1.27% HSI 25,853 ▼ 0.60% NIFTY 24,615 ▼ 0.64% KOSPI 6,359 ▲ 1.62% JCI 6,320 ▲ 1.37% USD/JPY 157.44 ▲ 0.16% USD/CNY 6.7394 ▼ 0.10% DAX 26,205 ▲ 0.78% CAC 8,641 ▲ 0.31% FTSE 10,917 ▲ 0.54% MIB 53,514 ▲ 1.21% IBEX 20,038 ▲ 0.28% STOXX 657.33 ▲ 0.80% EUR/USD 1.1519 ▲ 0.04% GBP/USD 1.3447 ▲ 0.15% SPX 7,601 ▲ 1.48% DJI 53,178 ▲ 1.32% NDX 28,777 ▲ 1.78% RUT 2,982 ▲ 1.73% TSX 35,226 ▼ 0.79% VIX 15.63 ▼ 1.45% USD/CAD 1.4058 ▲ 0.11% US10Y 4.6860 ▼ 1.24%
since 2009
Tuesday, August 4, 2026

Politics - Brazil Rio de Janeiro

Environment Minister Slashes Own Budget And has Military Occupy Key Posts

By · April 27, 2019 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

By Richard Mann, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The Minister of the Environment, Ricardo Salles, had the annual budget for the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) cut by 24 percent.  The institution is directly linked to his portfolio.

Since 2017, Salles is the subject of a probe by São Paulo state prosecutors for violating environmental laws.
Since 2017, Salles is the subject of a probe by São Paulo state prosecutors for violating environmental laws.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

Salles was named Minister of the Environment by President Jair Bolsonaro.

Since 2017, he is the subject of a probe by São Paulo state prosecutors for violating environmental laws.

The Minister is accused of altering the management plan for a protected area in the Tietê River with the “clear intention of benefiting economic sectors”.

By removing funds that would cover almost three months of expenses planned for 2019, IBAMA will have its budget reduced from R$368.3 million (US$92 million), as stated in the Budget Law (LOA), to R$279.4 million  (US$69 million).

With R$89.9 million less in the budget, IBAMA will suffer an impact on its environmental inspection and maintenance operations. The agency’s fixed expenses alone are estimated at R$285 million for this year.

The budget cut will also affect the Chico Mendes Institute of Biodiversity (ICMBio), responsible for overseeing the country’s protected forest areas.

Questioned on the motivations that led to the measure, Ricardo Salles did not comment on the matter. Similarly, IBAMA issued no comments.

Military Moves in

The Chico Mendes Institute issued a letter of repudiation against Salles, who ordered the opening of a disciplinary administrative proceeding against employees of the agency in Rio Grande Sul, after demanding their presence at a meeting with ruralists.

It so happens that they were not invited to the meeting and this is why they did not attend.

The embarrassment caused by the episode led to ICMBio president’s resignation, followed by three more requests for joint dismissal from ICMBio’s directors.

From his part, Salles exonerated the director of Lagoa do Peixe Park when the crisis began, and appointed four military police officers to fill the positions on the board of directors of the Chico Mendes Institute.

Officials from the Military Police and the Armed Forces are also being nominated for the Ministry of Environment and IBAMA itself.

There are already approximately 20 positions occupied by the military at the Environment Summit.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.