IBOV 172,282 ▼ 0.87% IPSA 10,626 ▼ 1.50% IPC MEX 68,386 ▼ 0.29% MERVAL 3,241,892 ▲ 2.38% COLCAP 2,176.90 ▼ 0.26% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.01 ▼ 0.45% USD/MXN 17.36 ▼ 0.01% USD/CLP 891.66 ▲ 0.21% USD/COP 3,560 ▼ 3.23% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,427 ▲ 1.28% USD/UYU 40.17 ▲ 0.08% USD/PYG 5,091 ▼ 15.13% USD/BOB 6.85 ▼ 0.15% USD/DOP 58.15 ▲ 0.16% USD/CRC 452.56 ▲ 0.29% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.63 ▼ 0.02% USD/NIO 36.62 — 0.00% USD/VES 553.04 ▼ 0.13% USD/PAB 1.00 ▲ 2.24% USD/BZD 2.00 ▲ 1.67% USD/JMD 156.39 ▲ 0.80% USD/TTD 6.72 ▲ 1.00% EUR/BRL 5.83 ▼ 0.73% BRENT 95.27 ▲ 3.50% WTI 92.51 ▲ 5.90% COPPER 6.58 ▲ 3.40% GOLD 4,517 ▼ 0.95% SILVER 75.51 ▼ 0.14% SOY 1,181 ▼ 0.46% CORN 444.50 ▼ 0.50% WHEAT 608.25 ▼ 0.37% COFFEE 260.00 ▼ 2.11% SUGAR 14.42 ▲ 2.56% ORANGE JUICE 154.95 ▼ 2.70% COTTON 76.66 ▲ 0.67% COCOA 3,899 ▼ 0.61% BEEF 240.40 ▼ 3.16% CATTLE 351.18 ▲ 0.79% LITHIUM 86.04 ▼ 1.27% PETR4 42.25 ▲ 2.30% VALE3 81.76 ▼ 1.28% ITUB4 39.47 ▼ 1.38% BBDC4 17.57 ▼ 0.63% ABEV3 16.41 ▲ 0.55% BBAS3 20.08 ▼ 0.79% B3SA3 16.28 ▼ 1.33% WEGE3 43.04 ▼ 2.40% PRIO3 63.25 ▲ 1.61% SUZB3 40.88 ▼ 2.46% RENT3 41.50 ▼ 1.24% AZZA3 18.87 ▼ 2.28% CSAN3 3.87 ▲ 1.84% RAIZ4 0.38 ▲ 5.56% PCAR3 1.69 ▼ 9.14% GMAT3 4.12 ▼ 3.51% PSSA3 48.11 ▼ 0.41% POSI3 4.08 ▲ 0.25% SLCE3 15.19 ▼ 2.00% NATU3 9.79 ▼ 1.61% BRKM5 10.22 ▼ 2.29% RANI3 7.94 ▼ 1.00% CSNA3 6.46 ▼ 3.73% CMIN3 4.51 ▼ 3.22% USIM5 11.07 ▼ 0.09% GGBR4 23.08 ▲ 1.36% NEOE3 33.80 — 0.00% CPFE3 42.96 ▼ 0.99% CMIG4 10.73 ▼ 0.28% EQTL3 38.59 ▲ 0.10% LREN3 15.09 ▲ 1.28% VIVT3 33.25 ▼ 1.69% RAIL3 13.97 ▲ 1.82% KLABIN 16.61 ▼ 0.36% RAIA DROGASIL 17.91 ▼ 4.17% RDOR3 33.75 ▼ 0.79% HAPV3 12.24 ▲ 0.74% FLRY3 15.25 ▼ 0.91% SMTO3 17.18 ▲ 1.18% UGPA3 25.60 ▼ 1.04% BBSE3 35.03 ▼ 1.05% BPAC11 52.81 ▼ 1.75% CURY3 31.50 ▼ 0.72% AERI3 2.49 ▲ 8.73% VIVARA 21.46 ▼ 1.74% COMPASS 26.28 ▼ 1.83% VAMOS 2.99 ▼ 2.29% SANB11 27.10 ▼ 0.22% ASAI3 8.64 ▼ 1.26% SBSP3 27.47 ▼ 1.72% WALMEX 52.29 ▼ 0.21% GMEXICO 218.50 ▲ 1.51% FEMSA 204.37 ▼ 1.09% CEMEX 22.88 ▲ 0.22% GFNORTE 181.83 ▲ 0.58% BIMBO 57.57 ▼ 3.55% TELEVISA 9.38 ▲ 0.75% AMX 21.97 ▼ 0.05% GAP 403.61 ▼ 1.15% ASUR 296.33 ▼ 0.02% OMA 216.48 ▼ 0.71% KOF 185.76 ▼ 0.88% GRUMA 291.99 ▲ 0.42% KIMBER 38.79 ▲ 1.02% SQM-B 74,808 ▼ 1.83% COPEC 6,388 ▲ 1.02% BSANTANDER 68.95 ▼ 1.50% FALABELLA 5,670 ▼ 0.53% ENELAM 78.55 ▲ 0.71% CENCOSUD 2,148 ▲ 2.33% CMPC 1,084 ▲ 1.65% BANCO CHILE 166.63 ▼ 0.61% LATAM AIR 23.00 ▼ 4.56% YPF 81,000 ▲ 3.38% GGAL 7,665 ▲ 2.27% PAMPA 5,215 ▲ 2.66% TXAR 690.00 ▼ 0.36% ALUAR 1,034 ▲ 1.47% TGS 9,325 ▲ 2.08% CEPU 2,410 ▲ 2.29% MIRGOR 17,100 ▲ 0.89% COME 50.10 ▲ 1.50% LOMA NEGRA 3,700 ▲ 2.99% BYMA 301.50 ▲ 1.52% TELECOM ARG 4,330 ▲ 0.06% ECOPETROL 16.13 ▲ 10.37% BANCOLOMBIA 74.06 ▲ 7.97% GRUPO AVAL 5.12 ▲ 11.06% CREDICORP 340.49 ▼ 0.62% SOUTHERN COPPER 196.35 ▲ 2.64% BUENAVENTURA 35.51 ▼ 3.74% MERCADOLIBRE 1,724 ▲ 1.65% NUBANK 12.97 ▼ 1.22% XP 16.59 ▼ 0.51% PAGSEGURO 9.44 ▲ 1.01% STONE 11.65 ▲ 1.75% GLOBANT 44.24 ▲ 9.61% TECNOGLASS 43.82 ▲ 1.69% GAP AIRPORT 232.42 ▼ 1.64% ASUR 296.33 ▼ 0.02% OMA AIRPORT 99.77 ▼ 0.55% AMX ADR 25.28 ▼ 0.39% FEMSA ADR 118.01 ▼ 0.86% CEMEX ADR 13.23 ▲ 1.07% PETROBRAS ADR 18.83 ▲ 0.29% ITAU ADR 7.83 ▼ 0.64% SANTANDER BR 5.42 ▼ 0.37% AMBEV ADR 3.25 ▲ 1.25% CSN 1.30 ▼ 4.07% GERDAU 4.59 ▲ 2.00% LATAM ADR 51.86 ▼ 3.40% BTC 71,350 ▼ 3.03% ETH 1,991 ▼ 0.65% SOL 80.61 ▼ 2.05% XRP 1.29 ▼ 2.85% BNB 692.28 ▼ 2.30% ADA 0.23 ▼ 2.25% DOGE 0.10 ▼ 0.53% AVAX 8.87 ▼ 1.00% LINK 9.02 ▼ 1.20% DOT 1.15 ▼ 2.64% LTC 50.61 ▼ 2.68% BCH 290.36 ▼ 3.98% XLM 0.25 ▼ 1.83% HBAR 0.09 ▼ 3.48% NEAR 2.60 ▲ 11.99% ATOM 1.92 ▼ 1.39% AAVE 80.12 ▼ 2.35% SELIC 14.50% CVCB3 1.54 ▲ 2.67% ENEV3 25.00 ▼ 2.46% EMBRAER 72.04 ▼ 1.83% EMBRAER ADR 57.36 ▼ 0.68% JBS 12.14 ▼ 2.69% JBS BDR 60.76 ▼ 0.39% MBRF3 15.45 ▼ 3.50% MBRFY 3.20 ▲ 4.92% VBBR3 29.79 ▲ 0.13% INTER 6.22 ▲ 0.73% VALE ADR 16.27 ▲ 0.09% TRX 0.34 ▼ 1.94% IBOV 172,282 ▼ 0.87% IPSA 10,626 ▼ 1.50% IPC MEX 68,386 ▼ 0.29% MERVAL 3,241,892 ▲ 2.38% COLCAP 2,176.90 ▼ 0.26% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.01 ▼ 0.45% USD/MXN 17.36 ▼ 0.01% USD/CLP 891.66 ▲ 0.21% USD/COP 3,560 ▼ 3.23% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,427 ▲ 1.28% USD/UYU 40.17 ▲ 0.08% USD/PYG 5,091 ▼ 15.13% USD/BOB 6.85 ▼ 0.15% USD/DOP 58.15 ▲ 0.16% USD/CRC 452.56 ▲ 0.29% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.63 ▼ 0.02% USD/NIO 36.62 — 0.00% USD/VES 553.04 ▼ 0.13% USD/PAB 1.00 ▲ 2.24% USD/BZD 2.00 ▲ 1.67% USD/JMD 156.39 ▲ 0.80% USD/TTD 6.72 ▲ 1.00% EUR/BRL 5.83 ▼ 0.73% BRENT 95.27 ▲ 3.50% WTI 92.51 ▲ 5.90% COPPER 6.58 ▲ 3.40% GOLD 4,517 ▼ 0.95% SILVER 75.51 ▼ 0.14% SOY 1,181 ▼ 0.46% CORN 444.50 ▼ 0.50% WHEAT 608.25 ▼ 0.37% COFFEE 260.00 ▼ 2.11% SUGAR 14.42 ▲ 2.56% ORANGE JUICE 154.95 ▼ 2.70% COTTON 76.66 ▲ 0.67% COCOA 3,899 ▼ 0.61% BEEF 240.40 ▼ 3.16% CATTLE 351.18 ▲ 0.79% LITHIUM 86.04 ▼ 1.27% PETR4 42.25 ▲ 2.30% VALE3 81.76 ▼ 1.28% ITUB4 39.47 ▼ 1.38% BBDC4 17.57 ▼ 0.63% ABEV3 16.41 ▲ 0.55% BBAS3 20.08 ▼ 0.79% B3SA3 16.28 ▼ 1.33% WEGE3 43.04 ▼ 2.40% PRIO3 63.25 ▲ 1.61% SUZB3 40.88 ▼ 2.46% RENT3 41.50 ▼ 1.24% AZZA3 18.87 ▼ 2.28% CSAN3 3.87 ▲ 1.84% RAIZ4 0.38 ▲ 5.56% PCAR3 1.69 ▼ 9.14% GMAT3 4.12 ▼ 3.51% PSSA3 48.11 ▼ 0.41% POSI3 4.08 ▲ 0.25% SLCE3 15.19 ▼ 2.00% NATU3 9.79 ▼ 1.61% BRKM5 10.22 ▼ 2.29% RANI3 7.94 ▼ 1.00% CSNA3 6.46 ▼ 3.73% CMIN3 4.51 ▼ 3.22% USIM5 11.07 ▼ 0.09% GGBR4 23.08 ▲ 1.36% NEOE3 33.80 — 0.00% CPFE3 42.96 ▼ 0.99% CMIG4 10.73 ▼ 0.28% EQTL3 38.59 ▲ 0.10% LREN3 15.09 ▲ 1.28% VIVT3 33.25 ▼ 1.69% RAIL3 13.97 ▲ 1.82% KLABIN 16.61 ▼ 0.36% RAIA DROGASIL 17.91 ▼ 4.17% RDOR3 33.75 ▼ 0.79% HAPV3 12.24 ▲ 0.74% FLRY3 15.25 ▼ 0.91% SMTO3 17.18 ▲ 1.18% UGPA3 25.60 ▼ 1.04% BBSE3 35.03 ▼ 1.05% BPAC11 52.81 ▼ 1.75% CURY3 31.50 ▼ 0.72% AERI3 2.49 ▲ 8.73% VIVARA 21.46 ▼ 1.74% COMPASS 26.28 ▼ 1.83% VAMOS 2.99 ▼ 2.29% SANB11 27.10 ▼ 0.22% ASAI3 8.64 ▼ 1.26% SBSP3 27.47 ▼ 1.72% WALMEX 52.29 ▼ 0.21% GMEXICO 218.50 ▲ 1.51% FEMSA 204.37 ▼ 1.09% CEMEX 22.88 ▲ 0.22% GFNORTE 181.83 ▲ 0.58% BIMBO 57.57 ▼ 3.55% TELEVISA 9.38 ▲ 0.75% AMX 21.97 ▼ 0.05% GAP 403.61 ▼ 1.15% ASUR 296.33 ▼ 0.02% OMA 216.48 ▼ 0.71% KOF 185.76 ▼ 0.88% GRUMA 291.99 ▲ 0.42% KIMBER 38.79 ▲ 1.02% SQM-B 74,808 ▼ 1.83% COPEC 6,388 ▲ 1.02% BSANTANDER 68.95 ▼ 1.50% FALABELLA 5,670 ▼ 0.53% ENELAM 78.55 ▲ 0.71% CENCOSUD 2,148 ▲ 2.33% CMPC 1,084 ▲ 1.65% BANCO CHILE 166.63 ▼ 0.61% LATAM AIR 23.00 ▼ 4.56% YPF 81,000 ▲ 3.38% GGAL 7,665 ▲ 2.27% PAMPA 5,215 ▲ 2.66% TXAR 690.00 ▼ 0.36% ALUAR 1,034 ▲ 1.47% TGS 9,325 ▲ 2.08% CEPU 2,410 ▲ 2.29% MIRGOR 17,100 ▲ 0.89% COME 50.10 ▲ 1.50% LOMA NEGRA 3,700 ▲ 2.99% BYMA 301.50 ▲ 1.52% TELECOM ARG 4,330 ▲ 0.06% ECOPETROL 16.13 ▲ 10.37% BANCOLOMBIA 74.06 ▲ 7.97% GRUPO AVAL 5.12 ▲ 11.06% CREDICORP 340.49 ▼ 0.62% SOUTHERN COPPER 196.35 ▲ 2.64% BUENAVENTURA 35.51 ▼ 3.74% MERCADOLIBRE 1,724 ▲ 1.65% NUBANK 12.97 ▼ 1.22% XP 16.59 ▼ 0.51% PAGSEGURO 9.44 ▲ 1.01% STONE 11.65 ▲ 1.75% GLOBANT 44.24 ▲ 9.61% TECNOGLASS 43.82 ▲ 1.69% GAP AIRPORT 232.42 ▼ 1.64% ASUR 296.33 ▼ 0.02% OMA AIRPORT 99.77 ▼ 0.55% AMX ADR 25.28 ▼ 0.39% FEMSA ADR 118.01 ▼ 0.86% CEMEX ADR 13.23 ▲ 1.07% PETROBRAS ADR 18.83 ▲ 0.29% ITAU ADR 7.83 ▼ 0.64% SANTANDER BR 5.42 ▼ 0.37% AMBEV ADR 3.25 ▲ 1.25% CSN 1.30 ▼ 4.07% GERDAU 4.59 ▲ 2.00% LATAM ADR 51.86 ▼ 3.40% BTC 71,350 ▼ 3.03% ETH 1,991 ▼ 0.65% SOL 80.61 ▼ 2.05% XRP 1.29 ▼ 2.85% BNB 692.28 ▼ 2.30% ADA 0.23 ▼ 2.25% DOGE 0.10 ▼ 0.53% AVAX 8.87 ▼ 1.00% LINK 9.02 ▼ 1.20% DOT 1.15 ▼ 2.64% LTC 50.61 ▼ 2.68% BCH 290.36 ▼ 3.98% XLM 0.25 ▼ 1.83% HBAR 0.09 ▼ 3.48% NEAR 2.60 ▲ 11.99% ATOM 1.92 ▼ 1.39% AAVE 80.12 ▼ 2.35% SELIC 14.50% CVCB3 1.54 ▲ 2.67% ENEV3 25.00 ▼ 2.46% EMBRAER 72.04 ▼ 1.83% EMBRAER ADR 57.36 ▼ 0.68% JBS 12.14 ▼ 2.69% JBS BDR 60.76 ▼ 0.39% MBRF3 15.45 ▼ 3.50% MBRFY 3.20 ▲ 4.92% VBBR3 29.79 ▲ 0.13% INTER 6.22 ▲ 0.73% VALE ADR 16.27 ▲ 0.09% TRX 0.34 ▼ 1.94%
since 2009
Monday, June 1, 2026

Brazil Holds Back as Paraguay and Argentina Join Trump’s Peace Council

By · January 22, 2026 · 2 min read

Daily Brief

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Key Points

  1. Paraguay and Argentina signed on in Davos as founding members of Trump’s new “Board of Peace.”
  2. Brazil is reviewing the charter and consulting partners before deciding whether to join.
  3. Funding and governance rules, plus European hesitation, are driving early legitimacy questions.

Paraguay’s President Santiago Peña and Argentina’s President Javier Milei used Davos on January 22, 2026, to claim early influence in a U.S.-chaired “Board of Peace,” unveiled by President Donald Trump at the World Economic Forum.

Around 20 countries were listed as signatories at launch. Peña and Milei promoted the move through official statements and on X, Facebook, and Instagram, with clips spreading via reposts.

The initiative was first framed as a tool to help end the war in Gaza and support reconstruction. Yet the charter text published in full in recent reporting does not mention Gaza.

Brazil Holds Back as Paraguay and Argentina Join Trump’s Peace Council
Brazil Holds Back as Paraguay and Argentina Join Trump’s Peace Council. (Photo Internet reproduction)

It sets a broader conflict-mediation mission and gives the chairman wide discretion over agendas and invitations. The rules also bake money into status.

Membership terms run three years. A route to permanent status is tied to a $1 billion cash contribution in the first year, a design supporters call operational and critics call pay-to-stay.

Brazil weighs joining U.S.-led council

Europe’s caution is reinforcing the debate. Italy has said it will not participate, citing constitutional concerns about joining a body chaired by a single leader rather than a conventional multilateral structure.

The launch also produced confusion over Russia. Trump said Vladimir Putin had accepted an invitation. Putin later said Moscow was still studying it.

Brazil’s response has been slower. Lula’s team has described a careful review of the document, with no final decision.

He has also consulted partners, including a phone call with Turkey’s President Recep Tayyip Erdoğan, as Brazil weighs how any expanded role would interact with U.N. channels.

One legal reading keeps any clearly defined, U.N.-recognized mandate focused on Gaza through December 31, 2027. Anything broader would depend on state consent and, often, Security Council politics.

For Mercosur, the contrast is immediate. Paraguay and Argentina are betting that closeness to Washington can deliver access and practical gains. Brazil is betting that restraint preserves flexibility, even if it yields first-mover advantage.

Related coverage: Brazil’s Morning Call | Flávio Bolsonaro Targets Brazil’s Northeast to Challenge Lul This is part of The Rio Times’ daily coverage of Brazil affairs and Latin American financial news.

Deep Dive

For the complete picture, read our in-depth guide: Paraguay: Washington's Most Valued Ally in Latin America

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