IBOV 177,535 ▲ 2.77% IPSA 11,032 ▲ 0.06% IPC MEX 66,568 ▲ 0.70% MERVAL 3,277,648 ▲ 2.35% COLCAP 2,294.20 ▲ 0.06% BVL PERÚ 56,194.27 ▲ 1.10% USD/BRL5.11▼ 0.18% USD/MXN17.48▼ 0.38% USD/CLP924.85▼ 0.31% USD/COP3,242▼ 3.03% USD/PEN3.39▼ 0.31% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.81% USD/TTD6.75▲ 1.32% EUR/BRL5.83▼ 1.11% BRENT 76.13 ▼ 0.22% WTI 71.58 ▼ 0.69% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.03% GOLD 4,108 ▼ 0.55% SILVER 59.96 ▼ 0.69% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.24 ▼ 0.80% PETR4 39.55 ▲ 0.87% VALE3 74.47 ▲ 1.80% ITUB4 44.17 ▲ 3.71% BBDC4 18.75 ▲ 4.17% ABEV3 15.87 ▲ 0.95% BBAS3 20.57 ▲ 2.85% B3SA3 15.43 ▲ 4.33% WEGE3 46.59 ▲ 1.86% PRIO3 55.49 ▼ 0.22% SUZB3 41.52 ▲ 1.19% RENT3 41.03 ▲ 4.14% AZZA3 19.27 ▲ 4.39% CSAN3 4.02 ▲ 4.15% RAIZ4 0.35 ▼ 5.41% PCAR3 2.77 ▲ 0.36% GMAT3 3.96 ▲ 0.76% PSSA3 54.72 ▲ 2.57% CVCB3 1.26 ▲ 0.80% POSI3 3.99 ▲ 3.64% SLCE3 14.05 ▲ 1.89% NATU3 8.56 ▲ 1.18% BRKM5 6.60 ▲ 3.77% RANI3 8.03 ▲ 2.16% CSNA3 5.18 ▲ 7.92% CMIN3 5.11 ▲ 5.80% USIM5 8.45 ▲ 1.20% GGBR4 22.96 ▲ 2.14% ENEV3 27.27 ▲ 4.08% CPFE3 47.59 ▲ 2.81% CMIG4 11.34 ▲ 2.35% EQTL3 40.83 ▲ 3.34% LREN3 14.71 ▲ 3.96% VIVT3 35.57 ▲ 3.10% RAIL3 14.11 ▲ 2.62% KLABIN 17.46 ▲ 0.34% RAIA DROGASIL 18.91 ▲ 4.30% RDOR3 36.07 ▲ 2.62% HAPV3 10.59 ▲ 5.16% FLRY3 16.42 ▲ 4.25% SMTO3 16.28 ▲ 1.43% UGPA3 30.62 ▲ 1.73% VBBR3 32.80 ▲ 2.18% BBSE3 40.35 ▲ 2.72% BPAC11 58.58 ▲ 5.21% CURY3 34.15 ▲ 4.43% AERI3 2.08 ▲ 0.97% VIVARA 23.52 ▲ 4.16% COMPASS 25.15 ▲ 1.90% VAMOS 3.08 ▲ 4.05% SANB11 27.41 ▲ 4.42% ASAI3 8.88 ▲ 4.96% SBSP3 30.93 ▲ 3.10% WALMEX 49.46 ▲ 0.90% GMEXICO 198.50 ▲ 1.62% FEMSA 223.27 ▲ 0.40% CEMEX 21.86 ▲ 0.69% GFNORTE 187.76 ▲ 1.30% BIMBO 56.00 ▲ 0.13% TELEVISA 9.75 ▲ 2.74% AMX 22.74 ▲ 0.44% GAP 414.60 ▲ 0.21% ASUR 287.04 ▲ 1.21% OMA 236.98 ▼ 0.43% KOF 181.37 ▲ 0.26% GRUMA 283.01 ▲ 0.26% KIMBER 38.23 ▼ 0.55% SQM-B 68,194 ▼ 1.31% COPEC 6,099 ▲ 1.31% BSANTANDER 78.30 ▲ 1.03% FALABELLA 5,897 ▲ 0.79% ENELAM 85.11 ▲ 1.13% CENCOSUD 2,040 ▼ 0.80% CMPC 1,107 ▲ 1.13% BANCO CHILE 188.01 ▲ 0.54% LATAM AIR 26.37 ▼ 0.11% YPF 74,325 ▼ 1.91% GGAL 8,355 ▲ 6.03% PAMPA 5,190 ▼ 0.29% TXAR 667.00 ▲ 0.38% ALUAR 979.50 ▲ 1.14% TGS 9,565 ▲ 2.74% CEPU 2,360 ▲ 1.94% MIRGOR 17,075 ▼ 0.73% COME 46.19 ▲ 1.70% LOMA NEGRA 3,568 ▲ 2.00% BYMA 313.00 ▲ 1.05% TELECOM ARG 4,225 ▲ 2.55% ECOPETROL 15.53 ▲ 0.91% BANCOLOMBIA 83.35 ▲ 2.99% GRUPO AVAL 5.10 ▲ 1.68% CREDICORP 401.46 ▲ 2.43% SOUTHERN COPPER 176.02 ▲ 0.91% BUENAVENTURA 30.11 ▲ 1.90% MERCADOLIBRE 1,878 ▲ 3.86% NUBANK 13.89 ▲ 1.57% XP 17.01 ▲ 3.66% PAGSEGURO 9.31 ▲ 3.39% STONE 11.24 ▲ 2.55% GLOBANT 30.09 ▼ 3.85% TECNOGLASS 44.17 ▲ 2.38% GAP AIRPORT 237.28 ▲ 1.20% ASUR 287.04 ▲ 1.21% OMA AIRPORT 108.37 ▲ 0.04% AMX ADR 25.93 ▲ 0.35% FEMSA ADR 127.64 ▲ 0.50% CEMEX ADR 12.51 ▲ 1.09% PETROBRAS ADR 17.20 ▲ 1.00% VALE ADR 14.54 ▲ 2.22% ITAU ADR 8.65 ▲ 4.41% SANTANDER BR 5.41 ▲ 5.25% AMBEV ADR 3.08 ▲ 1.32% CSN 1.02 ▲ 6.84% GERDAU 4.51 ▲ 2.27% LATAM ADR 57.08 ▲ 0.07% BTC 63,702 ▲ 0.81% ETH 1,781 ▲ 2.08% SOL 77.30 ▼ 0.96% XRP 1.10 ▲ 0.30% BNB 574.50 ▲ 1.06% ADA 0.17 ▼ 0.43% DOGE 0.07 ▲ 1.05% AVAX 6.70 ▲ 0.26% LINK 7.89 ▲ 2.06% DOT 0.87 ▲ 5.08% LTC 44.36 ▲ 1.36% BCH 245.16 ▲ 3.11% TRX 0.33 ▼ 0.52% XLM 0.19 ▲ 1.71% HBAR 0.07 ▼ 0.32% NEAR 1.86 ▼ 3.10% ATOM 1.58 ▲ 1.88% AAVE 94.93 ▲ 4.03% SELIC 14.25% EMBRAER 85.03 ▲ 1.40% EMBRAER ADR 66.43 ▲ 1.36% JBS 11.91 ▲ 1.49% JBS BDR 60.71 ▲ 1.10% MBRF3 15.52 ▲ 0.71% MBRFY 2.98 ▼ 0.67% INTER 5.87 ▲ 2.71% EGX 52,312 ▲ 0.54% USD/ZAR16.31▼ 0.12% USD/NGN1,376▼ 0.12% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.69▼ 0.43% USD/CNY6.76▼ 0.43% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD1.14▼ 0.11% GBP/USD1.34— 0.00% SPX 7,571 ▲ 0.36% DJI 52,661 ▲ 0.33% NDX 29,832 ▲ 0.35% RUT 2,982 ▼ 0.34% TSX 35,269 ▲ 0.19% VIX 15.34 ▼ 3.16% USD/CAD1.42▼ 0.12% US10Y 4.5650 ▲ 0.57% IBOV 177,535 ▲ 2.77% IPSA 11,032 ▲ 0.06% IPC MEX 66,568 ▲ 0.70% MERVAL 3,277,648 ▲ 2.35% COLCAP 2,294.20 ▲ 0.06% BVL PERÚ 56,194.27 ▲ 1.10% USD/BRL 5.11 ▼ 0.18% USD/MXN 17.48 ▼ 0.38% USD/CLP 924.85 ▼ 0.31% USD/COP 3,242 ▼ 3.03% USD/PEN 3.39 ▼ 0.31% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.20% USD/PYG 6,055 ▲ 1.53% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.12% USD/CRC 448.82 ▲ 1.40% USD/GTQ 7.63 ▲ 2.28% USD/HNL 26.72 ▲ 1.50% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.81% USD/TTD 6.75 ▲ 1.32% EUR/BRL 5.83 ▼ 1.11% BRENT 76.13 ▼ 0.22% WTI 71.58 ▼ 0.69% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.03% GOLD 4,108 ▼ 0.55% SILVER 59.96 ▼ 0.69% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.24 ▼ 0.80% PETR4 39.55 ▲ 0.87% VALE3 74.47 ▲ 1.80% ITUB4 44.17 ▲ 3.71% BBDC4 18.75 ▲ 4.17% ABEV3 15.87 ▲ 0.95% BBAS3 20.57 ▲ 2.85% B3SA3 15.43 ▲ 4.33% WEGE3 46.59 ▲ 1.86% PRIO3 55.49 ▼ 0.22% SUZB3 41.52 ▲ 1.19% RENT3 41.03 ▲ 4.14% AZZA3 19.27 ▲ 4.39% CSAN3 4.02 ▲ 4.15% RAIZ4 0.35 ▼ 5.41% PCAR3 2.77 ▲ 0.36% GMAT3 3.96 ▲ 0.76% PSSA3 54.72 ▲ 2.57% CVCB3 1.26 ▲ 0.80% POSI3 3.99 ▲ 3.64% SLCE3 14.05 ▲ 1.89% NATU3 8.56 ▲ 1.18% BRKM5 6.60 ▲ 3.77% RANI3 8.03 ▲ 2.16% CSNA3 5.18 ▲ 7.92% CMIN3 5.11 ▲ 5.80% USIM5 8.45 ▲ 1.20% GGBR4 22.96 ▲ 2.14% ENEV3 27.27 ▲ 4.08% CPFE3 47.59 ▲ 2.81% CMIG4 11.34 ▲ 2.35% EQTL3 40.83 ▲ 3.34% LREN3 14.71 ▲ 3.96% VIVT3 35.57 ▲ 3.10% RAIL3 14.11 ▲ 2.62% KLABIN 17.46 ▲ 0.34% RAIA DROGASIL 18.91 ▲ 4.30% RDOR3 36.07 ▲ 2.62% HAPV3 10.59 ▲ 5.16% FLRY3 16.42 ▲ 4.25% SMTO3 16.28 ▲ 1.43% UGPA3 30.62 ▲ 1.73% VBBR3 32.80 ▲ 2.18% BBSE3 40.35 ▲ 2.72% BPAC11 58.58 ▲ 5.21% CURY3 34.15 ▲ 4.43% AERI3 2.08 ▲ 0.97% VIVARA 23.52 ▲ 4.16% COMPASS 25.15 ▲ 1.90% VAMOS 3.08 ▲ 4.05% SANB11 27.41 ▲ 4.42% ASAI3 8.88 ▲ 4.96% SBSP3 30.93 ▲ 3.10% WALMEX 49.46 ▲ 0.90% GMEXICO 198.50 ▲ 1.62% FEMSA 223.27 ▲ 0.40% CEMEX 21.86 ▲ 0.69% GFNORTE 187.76 ▲ 1.30% BIMBO 56.00 ▲ 0.13% TELEVISA 9.75 ▲ 2.74% AMX 22.74 ▲ 0.44% GAP 414.60 ▲ 0.21% ASUR 287.04 ▲ 1.21% OMA 236.98 ▼ 0.43% KOF 181.37 ▲ 0.26% GRUMA 283.01 ▲ 0.26% KIMBER 38.23 ▼ 0.55% SQM-B 68,194 ▼ 1.31% COPEC 6,099 ▲ 1.31% BSANTANDER 78.30 ▲ 1.03% FALABELLA 5,897 ▲ 0.79% ENELAM 85.11 ▲ 1.13% CENCOSUD 2,040 ▼ 0.80% CMPC 1,107 ▲ 1.13% BANCO CHILE 188.01 ▲ 0.54% LATAM AIR 26.37 ▼ 0.11% YPF 74,325 ▼ 1.91% GGAL 8,355 ▲ 6.03% PAMPA 5,190 ▼ 0.29% TXAR 667.00 ▲ 0.38% ALUAR 979.50 ▲ 1.14% TGS 9,565 ▲ 2.74% CEPU 2,360 ▲ 1.94% MIRGOR 17,075 ▼ 0.73% COME 46.19 ▲ 1.70% LOMA NEGRA 3,568 ▲ 2.00% BYMA 313.00 ▲ 1.05% TELECOM ARG 4,225 ▲ 2.55% ECOPETROL 15.53 ▲ 0.91% BANCOLOMBIA 83.35 ▲ 2.99% GRUPO AVAL 5.10 ▲ 1.68% CREDICORP 401.46 ▲ 2.43% SOUTHERN COPPER 176.02 ▲ 0.91% BUENAVENTURA 30.11 ▲ 1.90% MERCADOLIBRE 1,878 ▲ 3.86% NUBANK 13.89 ▲ 1.57% XP 17.01 ▲ 3.66% PAGSEGURO 9.31 ▲ 3.39% STONE 11.24 ▲ 2.55% GLOBANT 30.09 ▼ 3.85% TECNOGLASS 44.17 ▲ 2.38% GAP AIRPORT 237.28 ▲ 1.20% ASUR 287.04 ▲ 1.21% OMA AIRPORT 108.37 ▲ 0.04% AMX ADR 25.93 ▲ 0.35% FEMSA ADR 127.64 ▲ 0.50% CEMEX ADR 12.51 ▲ 1.09% PETROBRAS ADR 17.20 ▲ 1.00% VALE ADR 14.54 ▲ 2.22% ITAU ADR 8.65 ▲ 4.41% SANTANDER BR 5.41 ▲ 5.25% AMBEV ADR 3.08 ▲ 1.32% CSN 1.02 ▲ 6.84% GERDAU 4.51 ▲ 2.27% LATAM ADR 57.08 ▲ 0.07% BTC 63,702 ▲ 0.81% ETH 1,781 ▲ 2.08% SOL 77.30 ▼ 0.96% XRP 1.10 ▲ 0.30% BNB 574.50 ▲ 1.06% ADA 0.17 ▼ 0.43% DOGE 0.07 ▲ 1.05% AVAX 6.70 ▲ 0.26% LINK 7.89 ▲ 2.06% DOT 0.87 ▲ 5.08% LTC 44.36 ▲ 1.36% BCH 245.16 ▲ 3.11% TRX 0.33 ▼ 0.52% XLM 0.19 ▲ 1.71% HBAR 0.07 ▼ 0.32% NEAR 1.86 ▼ 3.10% ATOM 1.58 ▲ 1.88% AAVE 94.93 ▲ 4.03% SELIC 14.25% EMBRAER 85.03 ▲ 1.40% EMBRAER ADR 66.43 ▲ 1.36% JBS 11.91 ▲ 1.49% JBS BDR 60.71 ▲ 1.10% MBRF3 15.52 ▲ 0.71% MBRFY 2.98 ▼ 0.67% INTER 5.87 ▲ 2.71% EGX 52,312 ▲ 0.54% USD/ZAR 16.31 ▲ 0.04% USD/NGN 1,376 ▲ 0.08% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.70 ▼ 0.40% USD/CNY 6.7638 ▼ 0.41% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD 1.1418 ▼ 0.14% GBP/USD 1.3398 ▼ 0.04% SPX 7,571 ▲ 0.36% DJI 52,661 ▲ 0.33% NDX 29,832 ▲ 0.35% RUT 2,982 ▼ 0.34% TSX 35,269 ▲ 0.19% VIX 15.34 ▼ 3.16% USD/CAD 1.4148 ▼ 0.13% US10Y 4.5650 ▲ 0.57%
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Brazilian Telecoms Snub U.S. Official Over Huawei 5G Pressure

By · November 7, 2020 · 2 min read

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RIO DE JANEIRO, BRAZIL – Brazil’s top four telecom companies have decided not to meet with a visiting senior U.S. official who has advocated excluding China’s Huawei Technologies from the Brazilian 5G equipment market, an industry source said on Friday, November 6th.

The carriers declined a U.S. embassy invitation to meet on Monday in Sao Paulo with Keith Krach, U.S. Under Secretary of state for economic growth, energy and the environment, the person in contact with telecom sector executives said.

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Brazil’s top four telecom companies have decide not to meet with a visiting senior U.S. official who has advocated excluding China’s Huawei Technologies Co [HWT.UL] from the Brazilian 5G equipment market, an industry source said on Friday, November 6th.
Brazil’s top four telecom companies have decided not to meet with a visiting senior U.S. official who has advocated excluding China’s Huawei Technologies from the Brazilian 5G equipment market. (Photo internet reproduction)
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“This invitation is not compatible with free-market choices that we are used to. We should be able to freely make our best financial decisions,” the source said, requesting anonymity.

The invitation from U.S. Ambassador Todd Chapman was first reported by Folha de S.Paulo newspaper, which together with the Valor Econômico business daily said the companies preferred not to attend.

Telefonica Brasil SA, Grupo Oi SA, TIM Participações SA, controlled by Telecom Italia SpA and Claro, owned by Mexico’s America Movil, each control between 19% and 29% of Brazil’s wireless market.

They already use Huawei equipment in preparation for the auctioning of spectrum concessions next year in Brazil, and do not support a ban on Huawei sought by the U.S. government.

The U.S. embassy did not immediately reply to a request for comment. The four carriers declined to comment.

The Trump administration has stepped up diplomatic pressure internationally to block the use of Huawei equipment, alleging that it could be used for spying by the Chinese state. Huawei has repeatedly denied being a national security risk.

“Huawei is the backbone of China’s global surveillance,” Krach wrote in an op/ed article published in August in Brazil’s O Globo newspaper.

Krach said the U.S. government and its partners were accelerating efforts to protect global economic security by restricting the involvement of Huawei in 5G networks. “There are now more than 30 countries participating in the Clean Network,” he wrote.

Source: Reuters

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