IBOV 175,948 ▲ 0.12% IPSA 10,928 ▲ 0.16% IPC MEX 66,674 ▲ 1.06% MERVAL 3,226,478 ▼ 0.27% COLCAP 2,293.58 ▼ 0.61% BVL PERÚ 56,428.20 ▲ 1.55% USD/BRL5.07▼ 1.22% USD/MXN17.43▼ 0.56% USD/CLP926.40▼ 0.70% USD/COP3,247▼ 0.48% USD/PEN3.39▼ 0.62% USD/ARS1,470▼ 0.88% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.25▲ 0.29% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.25% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 0.40% BRENT 84.46 ▲ 1.39% WTI 79.03 ▲ 1.14% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.18% GOLD 4,068 ▲ 1.78% SILVER 59.13 ▲ 2.59% SOY 1,191 ▼ 0.94% CORN 460.75 ▲ 5.25% WHEAT 644.50 ▲ 2.79% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.40 ▲ 1.65% PETR4 40.54 ▼ 0.30% VALE3 74.16 ▲ 1.80% ITUB4 43.28 ▼ 0.55% BBDC4 18.41 ▼ 1.92% ABEV3 15.83 — 0.00% BBAS3 20.45 ▲ 1.04% B3SA3 15.38 ▲ 1.72% WEGE3 44.44 ▲ 0.11% PRIO3 56.91 ▼ 0.51% SUZB3 41.37 ▼ 0.29% RENT3 40.29 ▲ 0.22% AZZA3 18.79 ▼ 2.24% CSAN3 3.86 ▼ 1.03% RAIZ4 0.31 ▼ 6.06% PCAR3 2.46 ▼ 5.02% GMAT3 3.96 ▲ 0.51% PSSA3 54.15 ▲ 0.20% CVCB3 1.35 ▲ 8.00% POSI3 3.94 ▼ 1.25% SLCE3 13.68 ▼ 1.37% NATU3 8.51 ▼ 1.05% BRKM5 6.66 ▼ 4.03% RANI3 8.03 ▲ 1.01% CSNA3 5.14 ▼ 1.91% CMIN3 5.10 ▼ 6.42% USIM5 8.26 ▼ 1.43% GGBR4 23.14 ▲ 1.40% ENEV3 26.77 ▼ 0.41% CPFE3 47.17 ▲ 0.70% CMIG4 11.12 ▲ 0.45% EQTL3 41.01 ▲ 1.99% LREN3 14.15 — 0.00% VIVT3 35.47 ▲ 2.13% RAIL3 14.10 ▼ 0.07% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.37 ▲ 0.93% RDOR3 35.89 ▲ 0.93% HAPV3 10.67 ▲ 2.01% FLRY3 16.38 ▲ 1.42% SMTO3 16.16 ▼ 1.28% UGPA3 29.82 ▼ 3.59% VBBR3 32.93 ▲ 0.52% BBSE3 40.21 ▼ 0.17% BPAC11 57.74 ▲ 0.38% CURY3 32.78 ▼ 1.03% AERI3 2.08 — 0.00% VIVARA 23.30 ▲ 0.82% COMPASS 25.26 ▲ 1.98% VAMOS 3.04 ▲ 0.66% SANB11 27.26 ▼ 0.40% ASAI3 8.65 ▼ 0.69% SBSP3 30.31 ▼ 0.20% WALMEX 49.54 ▼ 0.22% GMEXICO 200.56 ▲ 2.54% FEMSA 233.24 ▲ 3.50% CEMEX 22.19 ▲ 1.88% GFNORTE 186.84 ▲ 2.62% BIMBO 56.71 ▲ 1.50% TELEVISA 9.53 ▼ 0.83% AMX 22.89 ▲ 1.33% GAP 389.99 ▼ 4.46% ASUR 277.85 ▼ 0.29% OMA 235.03 ▲ 0.73% KOF 181.58 ▼ 0.06% GRUMA 280.72 ▼ 0.23% KIMBER 38.41 ▲ 0.50% SQM-B 67,402 ▲ 0.28% COPEC 6,075 ▲ 0.29% BSANTANDER 78.50 ▲ 0.38% FALABELLA 5,903 ▼ 0.04% ENELAM 84.99 ▲ 0.94% CENCOSUD 2,044 ▲ 0.20% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.01 ▲ 1.63% LATAM AIR 24.86 ▼ 0.16% YPF 77,075 ▼ 0.13% GGAL 7,975 ▼ 1.30% PAMPA 5,185 ▼ 0.77% TXAR 662.00 ▼ 0.38% ALUAR 950.00 ▼ 1.50% TGS 9,655 ▲ 0.89% CEPU 2,319 — 0.00% MIRGOR 16,725 ▼ 1.62% COME 45.30 ▲ 1.16% LOMA NEGRA 3,530 ▲ 0.93% BYMA 301.50 ▼ 2.19% TELECOM ARG 4,288 ▲ 0.88% ECOPETROL 16.02 ▲ 0.88% BANCOLOMBIA 81.53 ▲ 1.38% GRUPO AVAL 4.91 — 0.00% CREDICORP 389.80 ▲ 0.15% SOUTHERN COPPER 180.38 ▲ 3.35% BUENAVENTURA 30.84 ▲ 3.42% MERCADOLIBRE 1,854 ▼ 0.72% NUBANK 13.85 ▲ 1.33% XP 16.72 ▲ 2.11% PAGSEGURO 9.17 ▼ 1.24% STONE 11.13 ▼ 0.22% GLOBANT 31.48 ▼ 1.99% TECNOGLASS 43.71 ▲ 2.03% GAP AIRPORT 223.62 ▼ 3.93% ASUR 277.85 ▼ 0.29% OMA AIRPORT 107.55 ▲ 1.34% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 133.87 ▲ 3.76% CEMEX ADR 12.70 ▲ 2.01% PETROBRAS ADR 17.87 ▼ 0.08% VALE ADR 14.58 ▲ 2.79% ITAU ADR 8.51 ▲ 0.41% SANTANDER BR 5.39 ▲ 0.65% AMBEV ADR 3.10 ▲ 1.14% CSN 1.02 ▼ 1.46% GERDAU 4.58 ▲ 1.89% LATAM ADR 53.58 ▲ 0.47% BTC 64,451 ▲ 3.55% ETH 1,869 ▲ 5.39% SOL 76.95 ▲ 2.79% XRP 1.10 ▲ 3.49% BNB 579.85 ▲ 2.33% ADA 0.16 ▲ 3.73% DOGE 0.07 ▲ 3.40% AVAX 6.65 ▲ 3.19% LINK 8.24 ▲ 4.63% DOT 0.85 ▲ 1.61% LTC 44.49 ▲ 2.30% BCH 237.06 ▲ 0.35% TRX 0.33 ▲ 0.35% XLM 0.18 ▲ 2.23% HBAR 0.07 ▼ 0.13% NEAR 2.03 ▲ 5.80% ATOM 1.56 ▲ 1.30% AAVE 98.82 ▲ 4.73% SELIC 14.25% EMBRAER 82.86 ▼ 0.18% EMBRAER ADR 65.28 ▲ 1.24% JBS 11.84 ▲ 0.30% JBS BDR 59.94 ▼ 1.11% MBRF3 16.10 ▲ 2.42% MBRFY 3.10 ▲ 1.64% INTER 5.64 ▼ 0.27% EGX 52,299 ▼ 0.59% USD/ZAR16.37▼ 0.62% USD/NGN1,381▲ 0.07% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY162.18▼ 0.16% USD/CNY6.76▼ 0.31% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD1.14▲ 0.39% GBP/USD1.34▼ 0.03% SPX 7,549 ▲ 0.45% DJI 52,432 ▼ 0.13% NDX 29,661 ▲ 1.36% RUT 2,963 ▲ 0.35% TSX 35,303 ▲ 0.14% VIX 16.48 ▼ 3.96% USD/CAD1.41▼ 0.60% US10Y 4.5810 ▼ 0.61% IBOV 175,948 ▲ 0.12% IPSA 10,928 ▲ 0.16% IPC MEX 66,674 ▲ 1.06% MERVAL 3,226,478 ▼ 0.27% COLCAP 2,293.58 ▼ 0.61% BVL PERÚ 56,428.20 ▲ 1.55% USD/BRL 5.07 ▼ 1.22% USD/MXN 17.43 ▼ 0.56% USD/CLP 926.40 ▼ 0.70% USD/COP 3,247 ▼ 0.48% USD/PEN 3.39 ▼ 0.62% USD/ARS 1,470 ▼ 0.88% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.25 ▲ 0.29% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.25% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 0.40% BRENT 84.46 ▲ 1.39% WTI 79.03 ▲ 1.14% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.18% GOLD 4,068 ▲ 1.78% SILVER 59.13 ▲ 2.59% SOY 1,191 ▼ 0.94% CORN 460.75 ▲ 5.25% WHEAT 644.50 ▲ 2.79% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.40 ▲ 1.65% PETR4 40.54 ▼ 0.30% VALE3 74.16 ▲ 1.80% ITUB4 43.28 ▼ 0.55% BBDC4 18.41 ▼ 1.92% ABEV3 15.83 — 0.00% BBAS3 20.45 ▲ 1.04% B3SA3 15.38 ▲ 1.72% WEGE3 44.44 ▲ 0.11% PRIO3 56.91 ▼ 0.51% SUZB3 41.37 ▼ 0.29% RENT3 40.29 ▲ 0.22% AZZA3 18.79 ▼ 2.24% CSAN3 3.86 ▼ 1.03% RAIZ4 0.31 ▼ 6.06% PCAR3 2.46 ▼ 5.02% GMAT3 3.96 ▲ 0.51% PSSA3 54.15 ▲ 0.20% CVCB3 1.35 ▲ 8.00% POSI3 3.94 ▼ 1.25% SLCE3 13.68 ▼ 1.37% NATU3 8.51 ▼ 1.05% BRKM5 6.66 ▼ 4.03% RANI3 8.03 ▲ 1.01% CSNA3 5.14 ▼ 1.91% CMIN3 5.10 ▼ 6.42% USIM5 8.26 ▼ 1.43% GGBR4 23.14 ▲ 1.40% ENEV3 26.77 ▼ 0.41% CPFE3 47.17 ▲ 0.70% CMIG4 11.12 ▲ 0.45% EQTL3 41.01 ▲ 1.99% LREN3 14.15 — 0.00% VIVT3 35.47 ▲ 2.13% RAIL3 14.10 ▼ 0.07% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.37 ▲ 0.93% RDOR3 35.89 ▲ 0.93% HAPV3 10.67 ▲ 2.01% FLRY3 16.38 ▲ 1.42% SMTO3 16.16 ▼ 1.28% UGPA3 29.82 ▼ 3.59% VBBR3 32.93 ▲ 0.52% BBSE3 40.21 ▼ 0.17% BPAC11 57.74 ▲ 0.38% CURY3 32.78 ▼ 1.03% AERI3 2.08 — 0.00% VIVARA 23.30 ▲ 0.82% COMPASS 25.26 ▲ 1.98% VAMOS 3.04 ▲ 0.66% SANB11 27.26 ▼ 0.40% ASAI3 8.65 ▼ 0.69% SBSP3 30.31 ▼ 0.20% WALMEX 49.54 ▼ 0.22% GMEXICO 200.56 ▲ 2.54% FEMSA 233.24 ▲ 3.50% CEMEX 22.19 ▲ 1.88% GFNORTE 186.84 ▲ 2.62% BIMBO 56.71 ▲ 1.50% TELEVISA 9.53 ▼ 0.83% AMX 22.89 ▲ 1.33% GAP 389.99 ▼ 4.46% ASUR 277.85 ▼ 0.29% OMA 235.03 ▲ 0.73% KOF 181.58 ▼ 0.06% GRUMA 280.72 ▼ 0.23% KIMBER 38.41 ▲ 0.50% SQM-B 67,402 ▲ 0.28% COPEC 6,075 ▲ 0.29% BSANTANDER 78.50 ▲ 0.38% FALABELLA 5,903 ▼ 0.04% ENELAM 84.99 ▲ 0.94% CENCOSUD 2,044 ▲ 0.20% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.01 ▲ 1.63% LATAM AIR 24.86 ▼ 0.16% YPF 77,075 ▼ 0.13% GGAL 7,975 ▼ 1.30% PAMPA 5,185 ▼ 0.77% TXAR 662.00 ▼ 0.38% ALUAR 950.00 ▼ 1.50% TGS 9,655 ▲ 0.89% CEPU 2,319 — 0.00% MIRGOR 16,725 ▼ 1.62% COME 45.30 ▲ 1.16% LOMA NEGRA 3,530 ▲ 0.93% BYMA 301.50 ▼ 2.19% TELECOM ARG 4,288 ▲ 0.88% ECOPETROL 16.02 ▲ 0.88% BANCOLOMBIA 81.53 ▲ 1.38% GRUPO AVAL 4.91 — 0.00% CREDICORP 389.80 ▲ 0.15% SOUTHERN COPPER 180.38 ▲ 3.35% BUENAVENTURA 30.84 ▲ 3.42% MERCADOLIBRE 1,854 ▼ 0.72% NUBANK 13.85 ▲ 1.33% XP 16.72 ▲ 2.11% PAGSEGURO 9.17 ▼ 1.24% STONE 11.13 ▼ 0.22% GLOBANT 31.48 ▼ 1.99% TECNOGLASS 43.71 ▲ 2.03% GAP AIRPORT 223.62 ▼ 3.93% ASUR 277.85 ▼ 0.29% OMA AIRPORT 107.55 ▲ 1.34% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 133.87 ▲ 3.76% CEMEX ADR 12.70 ▲ 2.01% PETROBRAS ADR 17.87 ▼ 0.08% VALE ADR 14.58 ▲ 2.79% ITAU ADR 8.51 ▲ 0.41% SANTANDER BR 5.39 ▲ 0.65% AMBEV ADR 3.10 ▲ 1.14% CSN 1.02 ▼ 1.46% GERDAU 4.58 ▲ 1.89% LATAM ADR 53.58 ▲ 0.47% BTC 64,451 ▲ 3.55% ETH 1,869 ▲ 5.39% SOL 76.95 ▲ 2.79% XRP 1.10 ▲ 3.49% BNB 579.85 ▲ 2.33% ADA 0.16 ▲ 3.73% DOGE 0.07 ▲ 3.40% AVAX 6.65 ▲ 3.19% LINK 8.24 ▲ 4.63% DOT 0.85 ▲ 1.61% LTC 44.49 ▲ 2.30% BCH 237.06 ▲ 0.35% TRX 0.33 ▲ 0.35% XLM 0.18 ▲ 2.23% HBAR 0.07 ▼ 0.13% NEAR 2.03 ▲ 5.80% ATOM 1.56 ▲ 1.30% AAVE 98.82 ▲ 4.73% SELIC 14.25% EMBRAER 82.86 ▼ 0.18% EMBRAER ADR 65.28 ▲ 1.24% JBS 11.84 ▲ 0.30% JBS BDR 59.94 ▼ 1.11% MBRF3 16.10 ▲ 2.42% MBRFY 3.10 ▲ 1.64% INTER 5.64 ▼ 0.27% EGX 52,299 ▼ 0.59% USD/ZAR 16.37 ▼ 0.52% USD/NGN 1,381 ▲ 0.20% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY 162.18 ▼ 0.15% USD/CNY 6.7595 ▼ 0.17% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD 1.1427 ▲ 0.35% GBP/USD 1.3377 ▲ 0.21% SPX 7,549 ▲ 0.45% DJI 52,432 ▼ 0.13% NDX 29,661 ▲ 1.36% RUT 2,963 ▲ 0.35% TSX 35,303 ▲ 0.14% VIX 16.48 ▼ 3.96% USD/CAD 1.4069 ▼ 0.59% US10Y 4.5810 ▼ 0.61%
since 2009
Tuesday, July 14, 2026

Brazil Latin America

“Brazil Needs Solidarity, not Sanctions,” Says Portuguese Prime Minister

By · September 1, 2019 · 3 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.

RIO DE JANEIRO, BRAZIL – Portuguese Prime Minister António Costa expressed on Friday “full solidarity ” with the Brazilian people and with Brazil, for the tragic situation that is being experienced” in the largest rainforest in the world.

“The Amazon is one of the world’s largest lungs and what happens there is
a global problem,” the head of the Portuguese government explained to journalists.

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 →

Faced with French President Emmanuel Macron’s threat to oppose the trade treaty between the European Union and Mercosur as a result of the increase in the number of fires in the Amazon, the Portuguese Prime Minister expressed his opposition.

The Prime Minister expressed his solidarity with the Brazilian President for the current situation in Brazil. (Photo: Internet Reproduction)
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

“Brazil needs solidarity, not sanctions. What we need is action to help save the Amazon, not to increase the number of existing issues in Europe-Brazil relations,” said Costa.

He considered that the “dramatic situation in the Amazon” should not be confused with the agreement between the European Union and Mercosur. It is, however, “a very important trade agreement for the Portuguese economy,” he said.

But the tragedy that is afflicting the Amazon rainforest should not now be used by the “countries which have always opposed” a free trade agreement between the European Union and Mercosur, Costa said.

Bolsonaro’s telephone conversation with Costa about the Amazon

The spokesman for the Brazilian Presidency disclosed to the Portuguese weekly Sol the purpose of Bolsonaro’s phone call. It was Brazilian president, Jair Bolsonaro, who made the call – and the conversation with António Costa was “very sincere and friendly”.

In the midst of a war of words with Emmanuel Macron over the fires in the Amazon, the aim was to provide the Portuguese Prime Minister with an “objective reading” and “real data”, said Otávio Rêgo Barros this Saturday.

The conversation took place on Wednesday, August 28th, after Bolsonaro had demanded an apology from his French counterpart, who he accused of having a colonialist mindset.

“President Bolsonaro made a point of establishing a very sincere and friendly conversation with the Portuguese Prime Minister to objectively convey accurate data on the situation of fires occurring in the states covered within the area known as the ‘Legal Amazon’,” explains Rêgo Barros.

The spokesman for the Presidency further stated that the contact had been used to show that Brazil was open to dialogue, but also to reaffirm the significance of the EU-Mercosur agreement for both countries.

From the Portuguese side, he said to have found support: “The Prime Minister expressed his solidarity with the Brazilian President for the current situation in Brazil”.

After worldwide reports of fires and deforestation in the Amazon, France, Ireland and Finland have challenged the EU-Mercosur agreement, which has taken 20 years to negotiate.

António Costa, on the other hand, said that Portugal “has always fought for this agreement” and that he will endeavor to ensure that it is honored, with the “concerns and goals of protecting ecosystems”.

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.