IBOV 173,582.10 ▼ 0.08% IPSA 10,808.58 ▼ 0.71% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,226,297 ▲ 0.82% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 55,645.90 — — USD/BRL5.09▼ 0.43% USD/MXN17.43▼ 0.63% USD/CLP933.35▼ 0.17% USD/COP3,253▼ 0.14% USD/PEN3.40▲ 0.27% USD/ARS1,481▲ 0.17% USD/UYU40.19▼ 0.10% USD/PYG6,031▼ 0.03% USD/BOB10.75▲ 0.94% USD/DOP58.30▲ 0.10% USD/CRC447.35▲ 0.28% USD/GTQ7.62▼ 0.05% USD/HNL26.74— 0.00% USD/NIO 36.62 — 0.00% USD/VES735.09▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.39% USD/TTD6.73▼ 0.21% EUR/BRL5.81▼ 0.58% BRENT 88.90 ▲ 0.91% WTI 82.40 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.35 ▲ 2.06% GOLD 4,010 ▼ 0.07% SILVER 56.72 ▲ 1.22% SOY 1,225 ▲ 1.70% CORN 472.50 ▲ 6.24% WHEAT 672.75 ▼ 1.46% COFFEE 323.50 ▼ 1.51% SUGAR 14.81 ▼ 0.13% ORANGE JUICE 146.90 ▲ 6.30% COTTON 78.88 ▲ 2.35% COCOA 5,507 ▼ 0.47% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.95 ▼ 2.09% PETR4 41.34 ▲ 1.08% VALE3 71.77 ▼ 1.60% ITUB4 42.46 ▲ 1.19% BBDC4 18.47 ▲ 0.98% ABEV3 15.82 ▲ 1.22% BBAS3 20.20 ▼ 1.42% B3SA3 15.29 ▲ 0.59% WEGE3 43.06 ▼ 1.31% PRIO3 57.96 ▲ 0.19% SUZB3 41.82 ▼ 0.26% RENT3 37.63 ▼ 1.57% AZZA3 18.21 ▼ 2.04% CSAN3 3.80 ▼ 1.04% RAIZ4 0.27 ▼ 6.90% PCAR3 2.61 ▲ 0.38% GMAT3 3.82 ▼ 1.55% PSSA3 54.34 ▼ 1.45% CVCB3 1.12 ▼ 8.20% POSI3 3.68 ▼ 3.16% SLCE3 13.62 ▲ 0.67% NATU3 8.69 ▲ 1.64% BRKM5 6.00 ▼ 3.07% RANI3 7.97 ▲ 0.25% CSNA3 5.08 ▲ 0.59% CMIN3 5.35 ▲ 0.38% USIM5 8.11 ▼ 1.46% GGBR4 23.64 ▼ 1.66% ENEV3 25.65 ▼ 0.12% CPFE3 46.41 ▼ 0.98% CMIG4 11.06 ▼ 0.54% EQTL3 39.37 ▼ 0.33% LREN3 13.31 ▼ 0.82% VIVT3 35.85 ▲ 0.93% RAIL3 13.56 ▼ 1.02% KLABIN 17.50 ▼ 0.46% RAIA DROGASIL 18.72 ▲ 0.92% RDOR3 35.54 ▼ 0.67% HAPV3 11.56 ▲ 1.58% FLRY3 16.65 ▲ 0.36% SMTO3 15.49 ▲ 0.26% UGPA3 31.81 ▼ 0.81% VBBR3 34.24 ▼ 1.95% BBSE3 41.20 ▲ 0.19% BPAC11 56.11 ▼ 0.12% CURY3 30.40 ▼ 0.88% AERI3 2.05 ▲ 1.49% VIVARA 21.73 ▼ 3.16% COMPASS 24.69 ▼ 0.76% VAMOS 3.10 ▼ 2.21% SANB11 27.16 ▲ 1.91% ASAI3 8.23 ▼ 3.18% SBSP3 29.09 ▼ 0.44% WALMEX 49.37 ▼ 0.24% GMEXICO 201.10 ▲ 0.25% FEMSA 228.08 ▲ 1.04% CEMEX 21.95 ▼ 3.43% GFNORTE 180.11 ▼ 0.68% BIMBO 59.51 ▲ 2.60% TELEVISA 9.73 ▲ 1.67% AMX 22.84 ▼ 0.70% GAP 377.96 ▼ 2.08% ASUR 274.69 ▼ 1.80% OMA 226.63 ▼ 1.73% KOF 180.84 ▲ 0.04% GRUMA 288.02 ▲ 0.54% KIMBER 38.48 ▼ 0.49% SQM-B 63,500 ▼ 2.98% COPEC 6,298 ▲ 0.77% BSANTANDER 77.13 ▲ 0.17% FALABELLA 5,804 ▼ 0.53% ENELAM 84.69 ▲ 0.77% CENCOSUD 1,993 ▼ 0.10% CMPC 1,073 ▲ 0.23% BANCO CHILE 187.93 ▼ 0.30% LATAM AIR 24.20 ▼ 2.26% YPF 79,000 ▲ 1.41% GGAL 7,865 ▲ 0.06% PAMPA 5,250 ▲ 1.55% TXAR 677.50 ▲ 2.03% ALUAR 961.00 ▲ 1.21% TGS 9,510 ▲ 1.49% CEPU 2,289 ▲ 1.10% MIRGOR 17,225 ▲ 2.07% COME 43.01 ▼ 1.89% LOMA NEGRA 3,568 ▲ 1.28% BYMA 293.50 ▼ 1.43% TELECOM ARG 4,153 ▲ 0.06% ECOPETROL 16.10 ▲ 0.06% BANCOLOMBIA 80.87 ▲ 0.57% GRUPO AVAL 4.93 ▲ 0.10% CREDICORP 386.96 ▼ 0.93% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,840 ▲ 1.44% NUBANK 14.11 ▲ 3.86% XP 16.97 ▲ 1.77% PAGSEGURO 9.28 ▲ 2.65% STONE 11.17 ▲ 0.18% GLOBANT 32.32 ▲ 0.28% TECNOGLASS 46.19 ▼ 0.62% GAP AIRPORT 217.18 ▼ 1.69% ASUR 274.69 ▼ 1.80% OMA AIRPORT 104.14 ▼ 1.11% AMX ADR 26.14 ▼ 0.49% FEMSA ADR 130.58 ▲ 1.21% CEMEX ADR 12.57 ▼ 3.08% PETROBRAS ADR 18.28 ▲ 1.70% VALE ADR 14.07 ▼ 0.88% ITAU ADR 8.34 ▲ 1.65% SANTANDER BR 5.36 ▲ 2.29% AMBEV ADR 3.08 ▲ 1.65% CSN 1.00 ▲ 0.90% GERDAU 4.67 ▼ 1.06% LATAM ADR 51.75 ▼ 1.54% BTC 65,140 ▲ 0.69% ETH 1,899 ▲ 1.48% SOL 77.59 ▲ 1.62% XRP 1.12 ▲ 1.95% BNB 571.22 ▲ 0.14% ADA 0.17 ▲ 1.03% DOGE 0.07 ▼ 0.33% AVAX 6.56 ▲ 1.61% LINK 8.55 ▲ 2.13% DOT 0.82 ▲ 0.59% LTC 47.07 ▲ 0.06% BCH 217.70 ▲ 1.31% TRX 0.33 ▼ 0.12% XLM 0.19 ▼ 0.29% HBAR 0.07 ▼ 0.58% NEAR 1.97 ▲ 2.90% ATOM 1.49 ▲ 1.09% AAVE 89.62 ▲ 0.32% SELIC 14.25% EMBRAER 83.44 ▲ 2.07% EMBRAER ADR 65.60 ▲ 2.36% JBS 12.04 ▲ 1.05% JBS BDR 61.14 ▲ 1.56% MBRF3 14.66 ▼ 2.46% MBRFY 2.90 ▼ 0.34% INTER 5.63 ▲ 4.84% EGX 53,126 ▲ 1.08% USD/ZAR16.51▼ 0.18% USD/NGN1,376▼ 0.20% NIKKEI 64,141 ▼ 4.03% CSI300 4,598 ▲ 1.53% HSI 25,143 ▲ 2.36% NIFTY 24,239 ▼ 0.39% KOSPI 6,516 ▼ 4.46% JCI 6,232 ▲ 0.91% USD/JPY162.52▲ 0.05% USD/CNY6.76▼ 0.28% DAX 24,847 ▲ 0.06% CAC 8,340 ▲ 0.02% FTSE 10,525 ▼ 0.71% MIB 51,863 ▼ 0.04% IBEX 19,207 ▼ 0.05% STOXX 639.60 ▼ 0.30% EUR/USD1.14▼ 0.06% GBP/USD1.34▼ 0.07% SPX 7,453 ▼ 0.07% DJI 51,870 ▼ 0.53% NDX 28,687 ▲ 0.33% RUT 2,948 ▼ 0.47% TSX 35,052 ▼ 0.60% VIX 18.66 ▼ 0.59% USD/CAD1.41▲ 0.36% US10Y 4.5980 ▲ 1.26% IBOV 173,582.10 ▼ 0.08% IPSA 10,808.58 ▼ 0.71% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,226,297 ▲ 0.82% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 55,645.90 — — USD/BRL 5.09 ▼ 0.42% USD/MXN 17.43 ▼ 0.62% USD/CLP 933.70 ▼ 0.13% USD/COP 3,253 ▼ 0.14% USD/PEN 3.39 ▼ 0.07% USD/ARS 1,481 ▲ 0.17% USD/UYU 40.19 ▼ 0.10% USD/PYG 6,031 ▼ 0.03% USD/BOB 10.75 ▲ 0.94% USD/DOP 58.30 ▲ 0.10% USD/CRC 447.35 ▲ 0.28% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.74 ▲ 0.00% USD/NIO 36.62 — 0.00% USD/VES 735.09 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.21% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.81 ▼ 0.59% BRENT 88.90 ▲ 0.91% WTI 82.40 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.35 ▲ 2.06% GOLD 4,010 ▼ 0.07% SILVER 56.72 ▲ 1.22% SOY 1,225 ▲ 1.70% CORN 472.50 ▲ 6.24% WHEAT 672.75 ▼ 1.46% COFFEE 323.50 ▼ 1.51% SUGAR 14.81 ▼ 0.13% ORANGE JUICE 146.90 ▲ 6.30% COTTON 78.88 ▲ 2.35% COCOA 5,507 ▼ 0.47% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.95 ▼ 2.09% PETR4 41.34 ▲ 1.08% VALE3 71.77 ▼ 1.60% ITUB4 42.46 ▲ 1.19% BBDC4 18.47 ▲ 0.98% ABEV3 15.82 ▲ 1.22% BBAS3 20.20 ▼ 1.42% B3SA3 15.29 ▲ 0.59% WEGE3 43.06 ▼ 1.31% PRIO3 57.96 ▲ 0.19% SUZB3 41.82 ▼ 0.26% RENT3 37.63 ▼ 1.57% AZZA3 18.21 ▼ 2.04% CSAN3 3.80 ▼ 1.04% RAIZ4 0.27 ▼ 6.90% PCAR3 2.61 ▲ 0.38% GMAT3 3.82 ▼ 1.55% PSSA3 54.34 ▼ 1.45% CVCB3 1.12 ▼ 8.20% POSI3 3.68 ▼ 3.16% SLCE3 13.62 ▲ 0.67% NATU3 8.69 ▲ 1.64% BRKM5 6.00 ▼ 3.07% RANI3 7.97 ▲ 0.25% CSNA3 5.08 ▲ 0.59% CMIN3 5.35 ▲ 0.38% USIM5 8.11 ▼ 1.46% GGBR4 23.64 ▼ 1.66% ENEV3 25.65 ▼ 0.12% CPFE3 46.41 ▼ 0.98% CMIG4 11.06 ▼ 0.54% EQTL3 39.37 ▼ 0.33% LREN3 13.31 ▼ 0.82% VIVT3 35.85 ▲ 0.93% RAIL3 13.56 ▼ 1.02% KLABIN 17.50 ▼ 0.46% RAIA DROGASIL 18.72 ▲ 0.92% RDOR3 35.54 ▼ 0.67% HAPV3 11.56 ▲ 1.58% FLRY3 16.65 ▲ 0.36% SMTO3 15.49 ▲ 0.26% UGPA3 31.81 ▼ 0.81% VBBR3 34.24 ▼ 1.95% BBSE3 41.20 ▲ 0.19% BPAC11 56.11 ▼ 0.12% CURY3 30.40 ▼ 0.88% AERI3 2.05 ▲ 1.49% VIVARA 21.73 ▼ 3.16% COMPASS 24.69 ▼ 0.76% VAMOS 3.10 ▼ 2.21% SANB11 27.16 ▲ 1.91% ASAI3 8.23 ▼ 3.18% SBSP3 29.09 ▼ 0.44% WALMEX 49.37 ▼ 0.24% GMEXICO 201.10 ▲ 0.25% FEMSA 228.08 ▲ 1.04% CEMEX 21.95 ▼ 3.43% GFNORTE 180.11 ▼ 0.68% BIMBO 59.51 ▲ 2.60% TELEVISA 9.73 ▲ 1.67% AMX 22.84 ▼ 0.70% GAP 377.96 ▼ 2.08% ASUR 274.69 ▼ 1.80% OMA 226.63 ▼ 1.73% KOF 180.84 ▲ 0.04% GRUMA 288.02 ▲ 0.54% KIMBER 38.48 ▼ 0.49% SQM-B 63,500 ▼ 2.98% COPEC 6,298 ▲ 0.77% BSANTANDER 77.13 ▲ 0.17% FALABELLA 5,804 ▼ 0.53% ENELAM 84.69 ▲ 0.77% CENCOSUD 1,993 ▼ 0.10% CMPC 1,073 ▲ 0.23% BANCO CHILE 187.93 ▼ 0.30% LATAM AIR 24.20 ▼ 2.26% YPF 79,000 ▲ 1.41% GGAL 7,865 ▲ 0.06% PAMPA 5,250 ▲ 1.55% TXAR 677.50 ▲ 2.03% ALUAR 961.00 ▲ 1.21% TGS 9,510 ▲ 1.49% CEPU 2,289 ▲ 1.10% MIRGOR 17,225 ▲ 2.07% COME 43.01 ▼ 1.89% LOMA NEGRA 3,568 ▲ 1.28% BYMA 293.50 ▼ 1.43% TELECOM ARG 4,153 ▲ 0.06% ECOPETROL 16.10 ▲ 0.06% BANCOLOMBIA 80.87 ▲ 0.57% GRUPO AVAL 4.93 ▲ 0.10% CREDICORP 386.96 ▼ 0.93% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,840 ▲ 1.44% NUBANK 14.11 ▲ 3.86% XP 16.97 ▲ 1.77% PAGSEGURO 9.28 ▲ 2.65% STONE 11.17 ▲ 0.18% GLOBANT 32.32 ▲ 0.28% TECNOGLASS 46.19 ▼ 0.62% GAP AIRPORT 217.18 ▼ 1.69% ASUR 274.69 ▼ 1.80% OMA AIRPORT 104.14 ▼ 1.11% AMX ADR 26.14 ▼ 0.49% FEMSA ADR 130.58 ▲ 1.21% CEMEX ADR 12.57 ▼ 3.08% PETROBRAS ADR 18.28 ▲ 1.70% VALE ADR 14.07 ▼ 0.88% ITAU ADR 8.34 ▲ 1.65% SANTANDER BR 5.36 ▲ 2.29% AMBEV ADR 3.08 ▲ 1.65% CSN 1.00 ▲ 0.90% GERDAU 4.67 ▼ 1.06% LATAM ADR 51.75 ▼ 1.54% BTC 65,140 ▲ 0.69% ETH 1,899 ▲ 1.48% SOL 77.59 ▲ 1.62% XRP 1.12 ▲ 1.95% BNB 571.22 ▲ 0.14% ADA 0.17 ▲ 1.03% DOGE 0.07 ▼ 0.33% AVAX 6.56 ▲ 1.61% LINK 8.55 ▲ 2.13% DOT 0.82 ▲ 0.59% LTC 47.07 ▲ 0.06% BCH 217.70 ▲ 1.31% TRX 0.33 ▼ 0.12% XLM 0.19 ▼ 0.29% HBAR 0.07 ▼ 0.58% NEAR 1.97 ▲ 2.90% ATOM 1.49 ▲ 1.09% AAVE 89.62 ▲ 0.32% SELIC 14.25% EMBRAER 83.44 ▲ 2.07% EMBRAER ADR 65.60 ▲ 2.36% JBS 12.04 ▲ 1.05% JBS BDR 61.14 ▲ 1.56% MBRF3 14.66 ▼ 2.46% MBRFY 2.90 ▼ 0.34% INTER 5.63 ▲ 4.84% EGX 53,126 ▲ 1.08% USD/ZAR 16.51 ▼ 0.08% USD/NGN 1,376 ▼ 0.18% NIKKEI 64,141 ▼ 4.03% CSI300 4,598 ▲ 1.53% HSI 25,143 ▲ 2.36% NIFTY 24,239 ▼ 0.39% KOSPI 6,516 ▼ 4.46% JCI 6,232 ▲ 0.91% USD/JPY 162.46 ▲ 0.07% USD/CNY 6.7574 ▼ 0.15% DAX 24,847 ▲ 0.06% CAC 8,340 ▲ 0.02% FTSE 10,525 ▼ 0.71% MIB 51,863 ▼ 0.04% IBEX 19,207 ▼ 0.05% STOXX 639.60 ▼ 0.30% EUR/USD 1.1418 ▼ 0.24% GBP/USD 1.3435 ▼ 0.13% SPX 7,453 ▼ 0.07% DJI 51,870 ▼ 0.53% NDX 28,687 ▲ 0.33% RUT 2,948 ▼ 0.47% TSX 35,052 ▼ 0.60% VIX 18.66 ▼ 0.59% USD/CAD 1.4059 ▲ 0.29% US10Y 4.5980 ▲ 1.26%
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Brazil Markets

Brazil joins project connecting South America and Asia by fiber optics

By · May 13, 2021 · 2 min read

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RIO DE JANEIRO, BRAZIL –  A 14,000 km cable will connect Chile to Australia and New Zealand.

The Brazilian government today, May 13, joined the Chilean project to install a trans-oceanic underwater cable that will connect the South American continent to Asia and Oceania by means of fiber optics.

A 14,000 km cable will connect Chile to Australia and New Zealand. (Photo internet reproduction)
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Nicknamed the Humboldt Project, the initiative is under the responsibility of Chilean state-owned company Desarrollo País (former Fondo de Infraestructura), which will lead an alliance of interested countries and private technology and telecommunications companies.

According to the Chilean state-owned company, the 14,810 km long fiber-optic cable will physically connect Valparaiso to the city of Sydney, Australia, passing through Auckland, New Zealand.

According to Chilean Ambassador Fernando Schmidt, the plan is to leverage the connection with other fiber optic cables that currently cross Chilean territory to turn his country into a digital hub for all of Latin America, that is, a gateway to connect the entire region to Asia and Oceania.

“Chile is becoming a platform country, a natural vocation given our connection to the Pacific Ocean. And that is in line with our spirit of regional integration,” Schmidt said while participating this morning in a virtual seminar attended by Brazilian and Chilean authorities to discuss the initiative.

According to the state-owned company Desarrollo País, the Humboldt will create social and economic benefits for the entire region, improving and speeding up data transmission between Latin America and Asia, a continent of great economic significance.

According to the company, the route along which the underwater cable will pass was defined based on profitability studies that took into account the estimated increase in data traffic over the next 20 years, particularly with 5G technology.

For Brazil’s ambassador to Chile Paulo Roberto Soares Pacheco, the first underwater transoceanic fiber-optic digital route connecting the continents will reduce data transmission time, making digital communications more secure.

In addition to Brazil, Argentina, Australia and New Zealand have expressed interest in joining the project. Currently, Argentina, Brazil and Chile are responsible for 80% of internet traffic in South America.

In a statement, the Brazilian Ministry of Foreign Affairs added that by joining the initiative, Brazil will complete the fiber optic connection with its neighboring countries, thereby “consolidating the regional digital infrastructure.”

“In the coming months, technical teams from the countries involved will deepen discussions on the financial and technical terms of Brazil’s participation in this long-term project. The total investment volume of the project is estimated at around US$400 million, and the term of the public-private concession to operate it is estimated at 25 years,” said the Foreign Ministry.

Source: Agência Brasil

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