IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 — 0.00% USD/MXN17.48▲ 0.04% USD/CLP923.90▼ 0.41% USD/COP3,237▼ 0.27% USD/PEN3.41▲ 0.43% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.37% USD/PYG6,055▲ 1.45% USD/BOB10.14▲ 4.01% USD/DOP58.61▲ 0.22% USD/CRC448.82▲ 1.41% USD/GTQ7.63▲ 2.31% USD/HNL26.72▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.40% USD/TTD6.75▲ 1.44% EUR/BRL5.84▲ 0.34% BRENT 77.74 ▲ 2.28% WTI 72.99 ▲ 2.21% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.52% GOLD 4,083 ▼ 0.52% SILVER 59.09 ▼ 1.21% SOY 1,196 ▼ 0.04% CORN 466.50 ▲ 6.51% WHEAT 639.00 ▲ 1.11% COFFEE 314.60 ▼ 8.28% SUGAR 14.72 ▼ 1.08% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.98 ▲ 1.33% COCOA 5,647 ▼ 4.60% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,058 ▼ 1.10% ETH 1,785 ▼ 1.14% SOL 76.59 ▼ 0.37% XRP 1.08 ▼ 0.69% BNB 569.17 ▼ 0.83% ADA 0.16 ▼ 1.21% DOGE 0.07 ▼ 0.44% AVAX 6.61 ▲ 3.25% LINK 7.98 ▼ 0.13% DOT 0.83 ▼ 1.33% LTC 43.82 ▼ 0.34% BCH 238.06 ▼ 0.79% TRX 0.33 ▼ 0.44% XLM 0.18 ▼ 1.31% HBAR 0.07 ▼ 0.11% NEAR 1.92 ▲ 1.77% ATOM 1.55 ▼ 1.03% AAVE 95.50 ▼ 1.61% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,604 ▲ 0.66% USD/ZAR16.34▲ 0.11% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,229 ▲ 0.09% KOSPI 6,807 ▼ 8.95% JCI 6,024 ▲ 1.68% USD/JPY162.01▲ 0.18% 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SILVER 59.09 ▼ 1.21% SOY 1,196 ▼ 0.04% CORN 466.50 ▲ 6.51% WHEAT 639.00 ▲ 1.11% COFFEE 314.60 ▼ 8.28% SUGAR 14.72 ▼ 1.08% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.98 ▲ 1.33% COCOA 5,647 ▼ 4.60% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,058 ▼ 1.10% ETH 1,785 ▼ 1.14% SOL 76.59 ▼ 0.37% XRP 1.08 ▼ 0.69% BNB 569.17 ▼ 0.83% ADA 0.16 ▼ 1.21% DOGE 0.07 ▼ 0.44% AVAX 6.61 ▲ 3.25% LINK 7.98 ▼ 0.13% DOT 0.83 ▼ 1.33% LTC 43.82 ▼ 0.34% BCH 238.06 ▼ 0.79% TRX 0.33 ▼ 0.44% XLM 0.18 ▼ 1.31% HBAR 0.07 ▼ 0.11% NEAR 1.92 ▲ 1.77% ATOM 1.55 ▼ 1.03% AAVE 95.50 ▼ 1.61% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,604 ▲ 0.66% USD/ZAR 16.34 ▼ 0.06% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,229 ▲ 0.09% KOSPI 6,807 ▼ 8.95% JCI 6,024 ▲ 1.68% USD/JPY 162.07 ▲ 0.25% USD/CNY 6.7801 ▲ 0.20% DAX 25,087 ▲ 0.08% CAC 8,341 ▲ 0.02% FTSE 10,503 ▲ 0.05% MIB 52,774 ▲ 0.30% IBEX 19,410 ▲ 0.13% STOXX 640.71 ▼ 0.06% EUR/USD 1.1439 ▲ 0.18% GBP/USD 1.3395 ▼ 0.02% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 16.28 ▲ 8.32% USD/CAD 1.4135 ▼ 0.12% US10Y 4.5690 ▲ 0.66%
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Colombia Must Restart Aerial Fumigation to Fight Drug Trafficking, Defense Minister Says

By · November 29, 2020 · 3 min read

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RIO DE JANEIRO, BRAZIL – Colombia must restart aerial fumigation of coca with the herbicide glyphosate as soon as possible to reduce cocaine production, income for illegal armed groups, massacres and the killings of human rights activists, the defense minister said.

The Andean country, a top producer of cocaine, suspended aerial fumigation with glyphosate in 2015 on concerns by the World Health Organization (WHO) it may cause cancer.

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Colombia must restart aerial fumigation of coca with the herbicide glyphosate as soon as possible to reduce cocaine production, income for illegal armed groups, massacres and the killings of human rights activists, the defense minister said.
Colombia must restart aerial fumigation of coca with the herbicide glyphosate as soon as possible to reduce cocaine production, income for illegal armed groups, massacres and the killings of human rights activists, the defense minister said. (Photo internet reproduction)
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Cultivation of coca, the base ingredient in cocaine, subsequently shot up to its highest levels in nearly two decades in 2017, according to United Nations figures.

“There is no doubt at all. Colombia needs to reestablish aspersion, aerial fumigation with glyphosate for national security reasons,” Defense Minister Carlos Holmes Trujillo told Reuters in an interview on Friday. “Logically it needs to be reestablished with assurances for health and the environment.”

President Ivan Duque’s government is in the process of complying with standards set by the Constitutional Court to resume the fumigation.

It will also need environmental regulators’ permission, recently delayed by legal actions from communities who oppose aerial fumigation.

The WHO’s cancer arm classified glyphosate as “probably carcinogenic to humans.” The U.S. Environmental Protection Agency disagrees, saying the chemical is not a carcinogen.

Spraying with glyphosate will cut off resources “for those who commit massacres and kill social leaders,” Trujillo said, referring to the murders of human rights activists, many of whom oppose illegal mining and coca cultivation, and recent mass killings the government attributes to groups funded by drug trafficking.

There were 154,000 hectares (380,550 acres) planted with coca in Colombia at the close of 2019, according to the UN, with cocaine production potential at 1,137 metric tonnes.

That figure is more than triple the 48,000 hectares recorded in 2013, when aerial fumigation was in use, Trujillo said.

Trujillo would not give an estimated date for a restart in spraying from airplanes, but said the practice is more efficient and safer than the manual eradication currently in use.

Between 400 and 600 hectares of coca could be destroyed daily with aerial fumigation, he said, compared with just 170 hectares with manual eradication.

Aerial fumigation also protects eradication teams from attacks by armed groups and landmines, Trujillo said. Sixteen members of the security forces have died so far in 2020 during eradication efforts and more than 100 have been injured.

The uptick in mass killings and murders of activists has sparked criticism from the international community and rights groups, which accuse Duque’s government of not doing enough to protect vulnerable communities.

Research group Indepaz says 259 activists have been killed so far in 2020, while official statistics count 23 massacres with a total of 111 victims.

Despite the lack of aerial fumigation, Colombia will eradicate a record 130,000 hectares during 2020, the minister added.

Manual eradication and voluntary crop substitution will continue even once aerial fumigation is re-approved, Trujillo said.

“We need to create conditions for investment, large investment, investment in sustainable and profitable projects for Colombian farmers,” Trujillo said.

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