IBOV 177,894.97 ▼ 0.06% IPSA 10,995.57 ▼ 0.49% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,188,971 ▼ 2.61% COLCAP 2,374.67 ▼ 0.42% BVL PERÚ 57,475.88 — — USD/BRL5.12▲ 0.70% USD/MXN17.25▼ 0.52% USD/CLP910.64▼ 1.60% USD/COP3,201▲ 2.14% USD/PEN3.39▼ 0.04% USD/ARS1,496▲ 0.12% USD/UYU40.19▲ 1.51% USD/PYG5,932▲ 1.71% USD/BOB12.03▲ 3.12% USD/DOP58.31▲ 2.03% USD/CRC446.90▲ 1.41% USD/GTQ7.62▲ 2.50% USD/HNL26.78▲ 1.90% USD/NIO36.62▲ 1.01% USD/VES750.21▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.61▲ 0.85% USD/TTD6.71▲ 1.12% EUR/BRL5.93▲ 1.27% BRENT 78.86 ▼ 5.86% WTI 75.31 ▼ 6.26% IRON ORE 161.91 — — COPPER 6.63 ▲ 1.81% GOLD 4,133 ▲ 2.46% SILVER 59.77 ▲ 3.65% SOY 1,177 ▲ 0.73% CORN 465.25 ▲ 3.56% WHEAT 638.00 ▼ 2.00% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.69 ▲ 3.28% PETR4 42.50 ▼ 1.28% VALE3 76.31 ▲ 2.24% ITUB4 42.10 ▼ 2.48% BBDC4 18.22 ▼ 1.78% ABEV3 15.87 ▲ 0.63% BBAS3 20.99 ▼ 1.32% B3SA3 15.70 ▲ 0.51% WEGE3 49.17 ▲ 2.01% PRIO3 58.45 ▼ 0.09% SUZB3 43.02 ▼ 0.19% RENT3 39.09 ▲ 2.60% AZZA3 16.04 ▼ 1.17% CSAN3 4.05 ▼ 1.22% RAIZ4 0.28 ▲ 7.69% PCAR3 2.75 — 0.00% GMAT3 3.95 ▼ 0.50% PSSA3 54.25 ▲ 0.46% CVCB3 1.38 ▼ 4.17% POSI3 3.50 ▼ 0.28% SLCE3 13.57 ▲ 1.65% NATU3 8.42 ▼ 0.94% BRKM5 5.83 ▼ 2.18% RANI3 8.34 ▼ 0.95% CSNA3 4.79 ▲ 6.21% CMIN3 5.91 ▲ 3.14% USIM5 7.52 ▼ 0.53% GGBR4 25.87 ▲ 0.94% ENEV3 27.16 ▲ 1.53% CPFE3 46.35 ▲ 0.52% CMIG4 11.28 — 0.00% EQTL3 39.21 ▲ 0.82% LREN3 13.67 ▼ 1.30% VIVT3 31.65 ▼ 2.01% RAIL3 14.12 ▼ 0.28% KLABIN 18.25 ▲ 0.05% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.40 ▲ 1.00% HAPV3 11.78 ▼ 1.09% FLRY3 17.49 ▲ 1.27% SMTO3 13.94 ▼ 3.06% UGPA3 32.60 ▼ 1.51% VBBR3 35.44 ▼ 1.91% BBSE3 42.07 ▲ 1.72% BPAC11 56.75 ▼ 0.65% CURY3 31.75 ▲ 0.95% AERI3 2.19 ▲ 1.86% VIVARA 22.60 ▼ 1.05% COMPASS 24.60 ▼ 1.99% VAMOS 3.33 ▲ 2.15% SANB11 29.10 ▲ 0.59% ASAI3 8.66 ▲ 1.29% SBSP3 28.01 ▲ 1.60% WALMEX 50.13 ▲ 0.68% GMEXICO 217.50 ▲ 2.44% FEMSA 218.19 ▲ 0.42% CEMEX 20.10 ▼ 2.43% GFNORTE 197.72 ▼ 0.46% BIMBO 61.07 ▼ 0.36% TELEVISA 9.60 ▼ 1.23% AMX 21.54 ▼ 0.32% GAP 382.00 ▲ 1.57% ASUR 276.31 ▼ 0.82% OMA 239.84 ▲ 4.11% KOF 187.55 ▲ 1.19% GRUMA 263.07 ▼ 0.34% KIMBER 40.31 ▲ 0.75% SQM-B 62,450 ▲ 0.87% COPEC 6,229 ▼ 1.78% BSANTANDER 79.40 ▼ 1.29% FALABELLA 6,260 ▼ 1.94% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,987 ▲ 1.64% CMPC 1,040 ▼ 0.95% BANCO CHILE 189.02 ▼ 1.80% LATAM AIR 25.45 ▲ 0.79% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,375 ▼ 2.27% TXAR 644.50 ▼ 1.53% ALUAR 933.00 ▼ 3.47% TGS 9,520 ▼ 3.74% CEPU 2,303 ▼ 2.83% MIRGOR 1,640 — 0.00% COME 41.92 ▼ 2.94% LOMA NEGRA 3,478 ▼ 3.07% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,335 ▼ 1.14% ECOPETROL 16.31 ▼ 1.78% BANCOLOMBIA 90.01 ▼ 1.21% GRUPO AVAL 5.20 ▼ 0.76% CREDICORP 392.12 ▼ 0.93% SOUTHERN COPPER 195.16 ▲ 4.98% BUENAVENTURA 32.26 ▲ 5.87% MERCADOLIBRE 1,889 ▼ 0.54% NUBANK 14.33 ▼ 0.76% XP 16.97 ▼ 0.35% PAGSEGURO 9.50 ▼ 1.04% STONE 11.23 ▼ 1.06% GLOBANT 38.13 ▲ 2.67% TECNOGLASS 46.25 ▼ 1.10% GAP AIRPORT 220.70 ▲ 1.17% ASUR 276.31 ▼ 0.82% OMA AIRPORT 111.00 ▲ 4.00% AMX ADR 24.88 ▼ 0.32% FEMSA ADR 126.28 — 0.00% CEMEX ADR 11.61 ▼ 1.94% PETROBRAS ADR 18.72 ▼ 1.78% VALE ADR 14.83 ▲ 1.71% ITAU ADR 8.19 ▼ 3.53% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.56% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.69 ▲ 2.16% BTC 64,206 ▲ 1.17% ETH 1,875 ▲ 0.88% SOL 74.11 ▲ 0.87% XRP 1.08 ▲ 0.12% BNB 593.46 ▲ 0.79% ADA 0.19 ▼ 0.22% DOGE 0.07 ▲ 0.25% AVAX 6.70 ▲ 2.05% LINK 8.18 ▲ 0.01% DOT 0.86 ▲ 4.68% LTC 44.89 ▲ 1.45% BCH 214.04 ▲ 0.43% TRX 0.33 ▼ 0.42% XLM 0.17 ▼ 0.76% HBAR 0.07 ▼ 1.19% NEAR 1.73 ▲ 0.03% ATOM 1.38 ▲ 1.06% AAVE 90.56 ▼ 1.87% SELIC 14.25% EMBRAER 90.51 ▲ 1.02% EMBRAER ADR 70.52 ▼ 0.59% JBS 13.61 ▼ 1.09% JBS BDR 70.07 ▲ 0.72% MBRF3 16.93 ▼ 4.35% MBRFY 3.27 ▼ 2.97% INTER 5.70 ▲ 1.24% IBOV 177,894.97 ▼ 0.06% IPSA 10,995.57 ▼ 0.49% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,188,971 ▼ 2.61% COLCAP 2,374.67 ▼ 0.42% BVL PERÚ 57,475.88 — — USD/BRL 5.12 ▲ 0.70% USD/MXN 17.25 ▼ 0.52% USD/CLP 910.64 ▼ 1.60% USD/COP 3,201 ▲ 2.14% USD/PEN 3.39 ▼ 0.04% USD/ARS 1,496 ▲ 0.12% USD/UYU 40.19 ▲ 1.51% USD/PYG 5,932 ▲ 1.71% USD/BOB 12.03 ▲ 3.12% USD/DOP 58.31 ▲ 2.03% USD/CRC 446.90 ▲ 1.41% USD/GTQ 7.62 ▲ 2.50% USD/HNL 26.78 ▲ 1.90% USD/NIO 36.62 ▲ 1.01% USD/VES 750.21 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.61 ▲ 0.37% USD/TTD 6.71 ▲ 0.83% EUR/BRL 5.93 ▲ 1.27% BRENT 78.86 ▼ 5.86% WTI 75.31 ▼ 6.26% IRON ORE 161.91 — — COPPER 6.63 ▲ 1.81% GOLD 4,133 ▲ 2.46% SILVER 59.77 ▲ 3.65% SOY 1,177 ▲ 0.73% CORN 465.25 ▲ 3.56% WHEAT 638.00 ▼ 2.00% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.69 ▲ 3.28% PETR4 42.50 ▼ 1.28% VALE3 76.31 ▲ 2.24% ITUB4 42.10 ▼ 2.48% BBDC4 18.22 ▼ 1.78% ABEV3 15.87 ▲ 0.63% BBAS3 20.99 ▼ 1.32% B3SA3 15.70 ▲ 0.51% WEGE3 49.17 ▲ 2.01% PRIO3 58.45 ▼ 0.09% SUZB3 43.02 ▼ 0.19% RENT3 39.09 ▲ 2.60% AZZA3 16.04 ▼ 1.17% CSAN3 4.05 ▼ 1.22% RAIZ4 0.28 ▲ 7.69% PCAR3 2.75 — 0.00% GMAT3 3.95 ▼ 0.50% PSSA3 54.25 ▲ 0.46% CVCB3 1.38 ▼ 4.17% POSI3 3.50 ▼ 0.28% SLCE3 13.57 ▲ 1.65% NATU3 8.42 ▼ 0.94% BRKM5 5.83 ▼ 2.18% RANI3 8.34 ▼ 0.95% CSNA3 4.79 ▲ 6.21% CMIN3 5.91 ▲ 3.14% USIM5 7.52 ▼ 0.53% GGBR4 25.87 ▲ 0.94% ENEV3 27.16 ▲ 1.53% CPFE3 46.35 ▲ 0.52% CMIG4 11.28 — 0.00% EQTL3 39.21 ▲ 0.82% LREN3 13.67 ▼ 1.30% VIVT3 31.65 ▼ 2.01% RAIL3 14.12 ▼ 0.28% KLABIN 18.25 ▲ 0.05% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.40 ▲ 1.00% HAPV3 11.78 ▼ 1.09% FLRY3 17.49 ▲ 1.27% SMTO3 13.94 ▼ 3.06% UGPA3 32.60 ▼ 1.51% VBBR3 35.44 ▼ 1.91% BBSE3 42.07 ▲ 1.72% BPAC11 56.75 ▼ 0.65% CURY3 31.75 ▲ 0.95% AERI3 2.19 ▲ 1.86% VIVARA 22.60 ▼ 1.05% COMPASS 24.60 ▼ 1.99% VAMOS 3.33 ▲ 2.15% SANB11 29.10 ▲ 0.59% ASAI3 8.66 ▲ 1.29% SBSP3 28.01 ▲ 1.60% WALMEX 50.13 ▲ 0.68% GMEXICO 217.50 ▲ 2.44% FEMSA 218.19 ▲ 0.42% CEMEX 20.10 ▼ 2.43% GFNORTE 197.72 ▼ 0.46% BIMBO 61.07 ▼ 0.36% TELEVISA 9.60 ▼ 1.23% AMX 21.54 ▼ 0.32% GAP 382.00 ▲ 1.57% ASUR 276.31 ▼ 0.82% OMA 239.84 ▲ 4.11% KOF 187.55 ▲ 1.19% GRUMA 263.07 ▼ 0.34% KIMBER 40.31 ▲ 0.75% SQM-B 62,450 ▲ 0.87% COPEC 6,229 ▼ 1.78% BSANTANDER 79.40 ▼ 1.29% FALABELLA 6,260 ▼ 1.94% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,987 ▲ 1.64% CMPC 1,040 ▼ 0.95% BANCO CHILE 189.02 ▼ 1.80% LATAM AIR 25.45 ▲ 0.79% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,375 ▼ 2.27% TXAR 644.50 ▼ 1.53% ALUAR 933.00 ▼ 3.47% TGS 9,520 ▼ 3.74% CEPU 2,303 ▼ 2.83% MIRGOR 1,640 — 0.00% COME 41.92 ▼ 2.94% LOMA NEGRA 3,478 ▼ 3.07% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,335 ▼ 1.14% ECOPETROL 16.31 ▼ 1.78% BANCOLOMBIA 90.01 ▼ 1.21% GRUPO AVAL 5.20 ▼ 0.76% CREDICORP 392.12 ▼ 0.93% SOUTHERN COPPER 195.16 ▲ 4.98% BUENAVENTURA 32.26 ▲ 5.87% MERCADOLIBRE 1,889 ▼ 0.54% NUBANK 14.33 ▼ 0.76% XP 16.97 ▼ 0.35% PAGSEGURO 9.50 ▼ 1.04% STONE 11.23 ▼ 1.06% GLOBANT 38.13 ▲ 2.67% TECNOGLASS 46.25 ▼ 1.10% GAP AIRPORT 220.70 ▲ 1.17% ASUR 276.31 ▼ 0.82% OMA AIRPORT 111.00 ▲ 4.00% AMX ADR 24.88 ▼ 0.32% FEMSA ADR 126.28 — 0.00% CEMEX ADR 11.61 ▼ 1.94% PETROBRAS ADR 18.72 ▼ 1.78% VALE ADR 14.83 ▲ 1.71% ITAU ADR 8.19 ▼ 3.53% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.56% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.69 ▲ 2.16% BTC 64,206 ▲ 1.17% ETH 1,875 ▲ 0.88% SOL 74.11 ▲ 0.87% XRP 1.08 ▲ 0.12% BNB 593.46 ▲ 0.79% ADA 0.19 ▼ 0.22% DOGE 0.07 ▲ 0.25% AVAX 6.70 ▲ 2.05% LINK 8.18 ▲ 0.01% DOT 0.86 ▲ 4.68% LTC 44.89 ▲ 1.45% BCH 214.04 ▲ 0.43% TRX 0.33 ▼ 0.42% XLM 0.17 ▼ 0.76% HBAR 0.07 ▼ 1.19% NEAR 1.73 ▲ 0.03% ATOM 1.38 ▲ 1.06% AAVE 90.56 ▼ 1.87% SELIC 14.25% EMBRAER 90.51 ▲ 1.02% EMBRAER ADR 70.52 ▼ 0.59% JBS 13.61 ▼ 1.09% JBS BDR 70.07 ▲ 0.72% MBRF3 16.93 ▼ 4.35% MBRFY 3.27 ▼ 2.97% INTER 5.70 ▲ 1.24%
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Brazil Offers Alternative Voice on Syria

By · November 1, 2011 · 3 min read

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By Ben Tavener, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil has reiterated its rejection of foreign intervention in Syria, where more than 3,000 people have recently been reported killed in the violent suppression of anti-government protesters calling for President Bashar al-Assad to step down. World leaders are now desperate to find a solution to end the bloodshed in Syria, one of a slew of Middle East nations caught up in the Arab Spring uprisings.

President Bashar al-Assad visiting the Brazil's National Congress in 2010
Brazil-Syria ties run deeper than many realize: President Assad visiting Brazil's National Congress in 2010, photo by Fabio Rodrigues Pozzebom/ABr.
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But Carlos Martins Ceglia, director of the Middle East Department at Brazil’s Foreign Ministry, rejected foreign interference in what he called “Syria’s internal affairs” at a meeting with Syria’s new Ambassador to Brazil, Mohammad Khaddour.

Ceglia said that it was in Brazil’s interest to help cooperate with Syria to help it out of the crisis, stressing the need for reform in the country.

Although the U.S. and EU have condemned the violence and imposed sanctions, the UN Security Council has not been able to unite on a response; President Assad has warned his country could turn into “another Afghanistan” if foreign countries intervene.

The U.S. Ambassador in Brazil, Thomas Shannon, last week said that Brazil had the opportunity to change from being a country that abstains to one that acts, referring to Brazil’s recent abstentions over both Syria and Libya.

Many see Brazil as having a more neutral voice in the region and, crucially, as capable of providing an alternative to other Western countries who dominate Middle East debate. Over the past decade Brazil has abstained or voted against sanctions enforced by the UN Security Council. In June 2010, Brazil and Turkey voted against putting pressure on Iran’s nuclear program.

However, on her recent trip to Africa, Brazil’s President Dilma Rousseff condemned the ongoing violence and called for an “immediate end to the repression” seen in the country. This went further than the joint IBSA (India, Brazil, South Africa) declaration she signed, which only called for an “end to violence” and an “all-inclusive, transparent, peaceful political process” – blaming both sides for the unrest, and offering to send their own envoy to help mediate talks.

President Dilma Rousseff, President Jacob Zuma and PM Manmohan Singh in Pretoria, South Africa, Brazil News
At the IBSA summit in South Africa, President Rousseff told Syria to end its violent oppression of protesters, photo by Roberto Stuckert Filho/PR.

But Human Rights Watch has since slammed the declaration, saying that the group wasted their opportunity as a “credible alternative to the political dominance of the North” to call for Syria’s president to step down.

While some welcome Brazil’s approach to negotiations in the Middle East, others speculate the posturing is solely in pursuit of relatively short-term and specific national interests.

International Relations expert Professor Rafael Pons Reis has this explanation:

“Brazil’s growing confidence and greater presence on the world stage has meant it has broadened its scope for foreign policy. This more proactive, diverse and confident approach to foreign policy and new recognition as a global player goes hand-in-hand with its perception as a new powerful global trader.”

But Professor Reis continues: “Brazil wants a permanent seat on the UN Security Council and any ‘loyalties’ must be seen against this backdrop of global promotion by showing pragmatism. Brazil will defend its national interests on the international scene, without jeopardizing its economic development,” he explained to The Rio Times.

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