IBOV 178,465.09 ▲ 0.32% IPSA 11,160.53 ▲ 1.49% IPC MEX 66,848.35 ▲ 0.22% MERVAL 3,163,415 ▼ 0.80% COLCAP 2,379.51 ▲ 0.20% BVL PERÚ 58,781.02 ▲ 0.76% USD/BRL5.13▲ 0.06% USD/MXN17.24▼ 0.10% USD/CLP912.95▲ 0.21% USD/COP3,175▼ 2.06% USD/PEN3.38▼ 0.33% USD/ARS1,496▼ 0.03% USD/UYU40.26▲ 1.28% USD/PYG5,932▲ 1.24% USD/BOB12.02▲ 0.04% USD/DOP58.12▲ 1.28% USD/CRC448.18▲ 1.25% USD/GTQ7.63▲ 2.14% USD/HNL26.78▲ 1.43% USD/NIO36.62▲ 0.59% USD/VES753.27▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.03% USD/TTD6.66▼ 0.03% EUR/BRL5.92▲ 0.92% BRENT 79.51 ▲ 0.19% WTI 75.26 ▼ 0.67% IRON ORE 161.91 — — COPPER 6.75 ▲ 2.02% GOLD 4,313 ▲ 5.30% SILVER 62.42 ▲ 3.94% SOY 1,177 ▲ 1.88% CORN 460.75 ▲ 4.18% WHEAT 644.00 ▲ 0.86% COFFEE 310.55 ▼ 4.18% SUGAR 15.17 ▲ 0.86% ORANGE JUICE 156.25 ▼ 2.16% COTTON 83.22 ▲ 2.58% COCOA 5,848 ▼ 1.28% BEEF 229.43 ▼ 1.09% CATTLE 348.78 ▼ 0.69% LITHIUM 72.85 ▲ 1.62% PETR4 42.03 ▼ 1.11% VALE3 76.65 ▲ 0.45% ITUB4 42.78 ▲ 1.62% BBDC4 18.07 ▼ 0.65% ABEV3 15.85 ▼ 0.13% BBAS3 21.05 ▲ 0.29% B3SA3 15.51 ▼ 1.21% WEGE3 49.03 ▼ 0.28% PRIO3 58.52 ▲ 0.12% SUZB3 42.83 ▼ 0.44% RENT3 39.40 ▲ 0.79% AZZA3 16.08 ▲ 0.25% CSAN3 3.94 ▼ 2.72% RAIZ4 0.26 ▼ 7.14% PCAR3 2.98 ▲ 8.36% GMAT3 3.95 — 0.00% PSSA3 53.45 ▼ 1.47% CVCB3 1.54 ▲ 11.59% POSI3 3.50 — 0.00% SLCE3 13.56 ▼ 0.07% NATU3 8.31 ▼ 1.31% BRKM5 5.90 ▲ 1.20% RANI3 8.33 ▼ 0.12% CSNA3 4.93 ▲ 2.92% CMIN3 5.87 ▼ 0.68% USIM5 7.47 ▼ 0.66% GGBR4 26.28 ▲ 1.58% ENEV3 27.08 ▼ 0.29% CPFE3 46.17 ▼ 0.39% CMIG4 11.26 ▼ 0.18% EQTL3 39.26 ▲ 0.13% LREN3 13.63 ▼ 0.29% VIVT3 31.34 ▼ 0.98% RAIL3 14.01 ▼ 0.78% KLABIN 18.65 ▲ 2.19% RAIA DROGASIL 20.40 ▲ 5.10% RDOR3 34.49 ▲ 0.26% HAPV3 11.22 ▼ 4.75% FLRY3 17.43 ▼ 0.34% SMTO3 14.40 ▲ 3.30% UGPA3 32.38 ▼ 0.67% VBBR3 35.25 ▼ 0.54% BBSE3 41.67 ▼ 0.95% BPAC11 56.71 ▼ 0.07% CURY3 32.06 ▲ 0.98% AERI3 2.30 ▲ 5.02% VIVARA 22.31 ▼ 1.28% COMPASS 24.35 ▼ 1.02% VAMOS 3.37 ▲ 1.20% SANB11 29.51 ▲ 1.41% ASAI3 8.84 ▲ 2.08% SBSP3 27.79 ▼ 0.79% WALMEX 48.75 ▼ 2.29% GMEXICO 222.10 ▲ 1.70% FEMSA 214.80 ▼ 1.20% CEMEX 19.99 ▼ 0.45% GFNORTE 198.39 ▲ 0.33% BIMBO 61.42 ▲ 0.85% TELEVISA 9.55 ▼ 0.73% AMX 20.76 ▼ 3.35% GAP 375.96 ▼ 1.34% ASUR 273.51 ▼ 1.01% OMA 237.50 ▼ 0.56% KOF 187.11 ▼ 0.23% GRUMA 259.15 ▼ 1.48% KIMBER 40.25 ▼ 0.15% SQM-B 63,450 ▲ 1.60% COPEC 6,242 ▲ 0.21% BSANTANDER 80.40 ▲ 1.26% FALABELLA 6,335 ▲ 1.19% ENELAM 87.70 — 0.00% CENCOSUD 2,012 ▲ 1.27% CMPC 1,036 ▼ 0.43% BANCO CHILE 191.00 ▲ 1.05% LATAM AIR 26.33 ▲ 3.46% YPF 7,665 ▼ 2.23% GGAL 7,630 ▼ 1.42% PAMPA 5,310 ▼ 0.93% TXAR 683.00 ▲ 5.97% ALUAR 941.50 ▲ 0.91% TGS 9,280 ▼ 1.59% CEPU 2,266 ▼ 1.39% MIRGOR 1,620 ▼ 1.22% COME 41.40 ▼ 1.19% LOMA NEGRA 3,495 ▲ 0.50% BYMA 287.50 ▼ 1.37% TELECOM ARG 4,320 ▼ 0.35% ECOPETROL 16.41 ▲ 0.61% BANCOLOMBIA 90.60 ▲ 0.66% GRUPO AVAL 5.33 ▲ 2.21% CREDICORP 397.09 ▲ 1.27% SOUTHERN COPPER 198.74 ▲ 1.83% BUENAVENTURA 32.80 ▲ 1.67% MERCADOLIBRE 1,917 ▲ 1.48% NUBANK 14.44 ▲ 0.77% XP 17.10 ▲ 0.77% PAGSEGURO 9.47 ▼ 0.37% STONE 11.20 ▼ 0.31% GLOBANT 38.16 ▲ 0.07% TECNOGLASS 48.10 ▲ 3.97% GAP AIRPORT 218.03 ▼ 1.21% ASUR 273.51 ▼ 1.01% OMA AIRPORT 110.37 ▼ 0.57% AMX ADR 24.04 ▼ 3.38% FEMSA ADR 124.28 ▼ 1.58% CEMEX ADR 11.59 ▼ 0.22% PETROBRAS ADR 18.41 ▼ 1.66% VALE ADR 14.92 ▲ 0.57% ITAU ADR 8.33 ▲ 1.71% SANTANDER BR 5.80 ▲ 2.11% AMBEV ADR 3.04 — 0.00% CSN 0.97 ▲ 3.78% GERDAU 5.16 ▲ 1.08% LATAM ADR 57.57 ▲ 3.43% BTC 64,864 ▲ 1.26% ETH 1,918 ▲ 2.64% SOL 74.39 ▲ 0.91% XRP 1.07 ▼ 0.36% BNB 599.68 ▲ 1.16% ADA 0.19 ▼ 1.55% DOGE 0.07 ▲ 0.27% AVAX 6.67 ▼ 0.19% LINK 8.21 ▲ 0.79% DOT 0.85 ▼ 0.55% LTC 45.19 ▲ 0.80% BCH 215.34 ▲ 1.00% TRX 0.33 ▲ 0.24% XLM 0.17 ▼ 0.73% HBAR 0.07 ▲ 0.54% NEAR 1.71 ▼ 1.12% ATOM 1.35 ▼ 1.91% AAVE 90.29 ▼ 0.13% SELIC 14.25% EMBRAER 92.56 ▲ 2.26% EMBRAER ADR 72.24 ▲ 2.43% JBS 13.74 ▲ 0.92% JBS BDR 70.34 ▲ 0.39% MBRF3 16.92 ▼ 0.06% MBRFY 3.25 ▼ 0.61% INTER 5.80 ▲ 1.75% EGX 54,660 ▲ 0.29% USD/ZAR16.32▼ 0.33% USD/NGN1,360▼ 0.20% NIKKEI 66,300 ▲ 3.66% CSI300 4,658 ▲ 1.24% HSI 25,916 ▲ 0.24% NIFTY 24,625 ▲ 0.04% KOSPI 6,598 ▲ 3.76% JCI 6,351 ▲ 0.50% USD/JPY157.74— 0.00% USD/CNY 6.7402 — 0.00% DAX 26,126 ▼ 0.29% CAC 8,669 ▲ 0.03% FTSE 10,888 ▲ 0.08% MIB 53,447 ▼ 0.18% IBEX 20,057 ▲ 0.17% STOXX 657.14 ▲ 0.04% EUR/USD1.16▲ 0.17% GBP/USD1.35▲ 0.28% SPX 7,741 ▲ 0.06% DJI 54,487 ▲ 0.74% NDX 29,644 ▼ 0.30% RUT 3,026 ▼ 0.37% TSX 36,229 ▲ 1.19% VIX 15.57 ▼ 5.64% USD/CAD1.40▼ 0.36% US10Y 4.6150 ▼ 0.26% IBOV 178,465.09 ▲ 0.32% IPSA 11,160.53 ▲ 1.49% IPC MEX 66,848.35 ▲ 0.22% MERVAL 3,163,415 ▼ 0.80% COLCAP 2,379.51 ▲ 0.20% BVL PERÚ 58,781.02 ▲ 0.76% USD/BRL 5.13 ▲ 0.02% USD/MXN 17.24 ▼ 0.10% USD/CLP 912.95 ▲ 0.21% USD/COP 3,175 ▼ 2.06% USD/PEN 3.38 ▼ 0.32% USD/ARS 1,496 ▼ 0.03% USD/UYU 40.26 ▲ 1.28% USD/PYG 5,932 ▲ 1.24% USD/BOB 12.02 ▲ 0.04% USD/DOP 58.12 ▲ 1.28% USD/CRC 448.18 ▲ 1.25% USD/GTQ 7.63 ▲ 2.14% USD/HNL 26.78 ▲ 1.43% USD/NIO 36.62 ▲ 0.59% USD/VES 753.27 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▼ 0.03% USD/TTD 6.66 ▼ 0.03% EUR/BRL 5.92 ▲ 0.92% BRENT 79.51 ▲ 0.19% WTI 75.26 ▼ 0.67% IRON ORE 161.91 — — COPPER 6.75 ▲ 2.02% GOLD 4,313 ▲ 5.30% SILVER 62.42 ▲ 3.94% SOY 1,177 ▲ 1.88% CORN 460.75 ▲ 4.18% WHEAT 644.00 ▲ 0.86% COFFEE 310.55 ▼ 4.18% SUGAR 15.17 ▲ 0.86% ORANGE JUICE 156.25 ▼ 2.16% COTTON 83.22 ▲ 2.58% COCOA 5,848 ▼ 1.28% BEEF 229.43 ▼ 1.09% CATTLE 348.78 ▼ 0.69% LITHIUM 72.85 ▲ 1.62% PETR4 42.03 ▼ 1.11% VALE3 76.65 ▲ 0.45% ITUB4 42.78 ▲ 1.62% BBDC4 18.07 ▼ 0.65% ABEV3 15.85 ▼ 0.13% BBAS3 21.05 ▲ 0.29% B3SA3 15.51 ▼ 1.21% WEGE3 49.03 ▼ 0.28% PRIO3 58.52 ▲ 0.12% SUZB3 42.83 ▼ 0.44% RENT3 39.40 ▲ 0.79% AZZA3 16.08 ▲ 0.25% CSAN3 3.94 ▼ 2.72% RAIZ4 0.26 ▼ 7.14% PCAR3 2.98 ▲ 8.36% GMAT3 3.95 — 0.00% PSSA3 53.45 ▼ 1.47% CVCB3 1.54 ▲ 11.59% POSI3 3.50 — 0.00% SLCE3 13.56 ▼ 0.07% NATU3 8.31 ▼ 1.31% BRKM5 5.90 ▲ 1.20% RANI3 8.33 ▼ 0.12% CSNA3 4.93 ▲ 2.92% CMIN3 5.87 ▼ 0.68% USIM5 7.47 ▼ 0.66% GGBR4 26.28 ▲ 1.58% ENEV3 27.08 ▼ 0.29% CPFE3 46.17 ▼ 0.39% CMIG4 11.26 ▼ 0.18% EQTL3 39.26 ▲ 0.13% LREN3 13.63 ▼ 0.29% VIVT3 31.34 ▼ 0.98% RAIL3 14.01 ▼ 0.78% KLABIN 18.65 ▲ 2.19% RAIA DROGASIL 20.40 ▲ 5.10% RDOR3 34.49 ▲ 0.26% HAPV3 11.22 ▼ 4.75% FLRY3 17.43 ▼ 0.34% SMTO3 14.40 ▲ 3.30% UGPA3 32.38 ▼ 0.67% VBBR3 35.25 ▼ 0.54% BBSE3 41.67 ▼ 0.95% BPAC11 56.71 ▼ 0.07% CURY3 32.06 ▲ 0.98% AERI3 2.30 ▲ 5.02% VIVARA 22.31 ▼ 1.28% COMPASS 24.35 ▼ 1.02% VAMOS 3.37 ▲ 1.20% SANB11 29.51 ▲ 1.41% ASAI3 8.84 ▲ 2.08% SBSP3 27.79 ▼ 0.79% WALMEX 48.75 ▼ 2.29% GMEXICO 222.10 ▲ 1.70% FEMSA 214.80 ▼ 1.20% CEMEX 19.99 ▼ 0.45% GFNORTE 198.39 ▲ 0.33% BIMBO 61.42 ▲ 0.85% TELEVISA 9.55 ▼ 0.73% AMX 20.76 ▼ 3.35% GAP 375.96 ▼ 1.34% ASUR 273.51 ▼ 1.01% OMA 237.50 ▼ 0.56% KOF 187.11 ▼ 0.23% GRUMA 259.15 ▼ 1.48% KIMBER 40.25 ▼ 0.15% SQM-B 63,450 ▲ 1.60% COPEC 6,242 ▲ 0.21% BSANTANDER 80.40 ▲ 1.26% FALABELLA 6,335 ▲ 1.19% ENELAM 87.70 — 0.00% CENCOSUD 2,012 ▲ 1.27% CMPC 1,036 ▼ 0.43% BANCO CHILE 191.00 ▲ 1.05% LATAM AIR 26.33 ▲ 3.46% YPF 7,665 ▼ 2.23% GGAL 7,630 ▼ 1.42% PAMPA 5,310 ▼ 0.93% TXAR 683.00 ▲ 5.97% ALUAR 941.50 ▲ 0.91% TGS 9,280 ▼ 1.59% CEPU 2,266 ▼ 1.39% MIRGOR 1,620 ▼ 1.22% COME 41.40 ▼ 1.19% LOMA NEGRA 3,495 ▲ 0.50% BYMA 287.50 ▼ 1.37% TELECOM ARG 4,320 ▼ 0.35% ECOPETROL 16.41 ▲ 0.61% BANCOLOMBIA 90.60 ▲ 0.66% GRUPO AVAL 5.33 ▲ 2.21% CREDICORP 397.09 ▲ 1.27% SOUTHERN COPPER 198.74 ▲ 1.83% BUENAVENTURA 32.80 ▲ 1.67% MERCADOLIBRE 1,917 ▲ 1.48% NUBANK 14.44 ▲ 0.77% XP 17.10 ▲ 0.77% PAGSEGURO 9.47 ▼ 0.37% STONE 11.20 ▼ 0.31% GLOBANT 38.16 ▲ 0.07% TECNOGLASS 48.10 ▲ 3.97% GAP AIRPORT 218.03 ▼ 1.21% ASUR 273.51 ▼ 1.01% OMA AIRPORT 110.37 ▼ 0.57% AMX ADR 24.04 ▼ 3.38% FEMSA ADR 124.28 ▼ 1.58% CEMEX ADR 11.59 ▼ 0.22% PETROBRAS ADR 18.41 ▼ 1.66% VALE ADR 14.92 ▲ 0.57% ITAU ADR 8.33 ▲ 1.71% SANTANDER BR 5.80 ▲ 2.11% AMBEV ADR 3.04 — 0.00% CSN 0.97 ▲ 3.78% GERDAU 5.16 ▲ 1.08% LATAM ADR 57.57 ▲ 3.43% BTC 64,864 ▲ 1.26% ETH 1,918 ▲ 2.64% SOL 74.39 ▲ 0.91% XRP 1.07 ▼ 0.36% BNB 599.68 ▲ 1.16% ADA 0.19 ▼ 1.55% DOGE 0.07 ▲ 0.27% AVAX 6.67 ▼ 0.19% LINK 8.21 ▲ 0.79% DOT 0.85 ▼ 0.55% LTC 45.19 ▲ 0.80% BCH 215.34 ▲ 1.00% TRX 0.33 ▲ 0.24% XLM 0.17 ▼ 0.73% HBAR 0.07 ▲ 0.54% NEAR 1.71 ▼ 1.12% ATOM 1.35 ▼ 1.91% AAVE 90.29 ▼ 0.13% SELIC 14.25% EMBRAER 92.56 ▲ 2.26% EMBRAER ADR 72.24 ▲ 2.43% JBS 13.74 ▲ 0.92% JBS BDR 70.34 ▲ 0.39% MBRF3 16.92 ▼ 0.06% MBRFY 3.25 ▼ 0.61% INTER 5.80 ▲ 1.75% EGX 54,660 ▲ 0.29% USD/ZAR 16.32 ▼ 0.44% USD/NGN 1,360 ▼ 0.02% NIKKEI 66,300 ▲ 3.66% CSI300 4,658 ▲ 1.24% HSI 25,916 ▲ 0.24% NIFTY 24,625 ▲ 0.04% KOSPI 6,598 ▲ 3.76% JCI 6,351 ▲ 0.50% USD/JPY 157.70 ▼ 0.05% USD/CNY 6.7402 — 0.00% DAX 26,126 ▼ 0.29% CAC 8,669 ▲ 0.03% FTSE 10,888 ▲ 0.08% MIB 53,447 ▼ 0.18% IBEX 20,057 ▲ 0.17% STOXX 657.14 ▲ 0.04% EUR/USD 1.1555 ▲ 0.18% GBP/USD 1.3468 ▲ 0.12% SPX 7,741 ▲ 0.06% DJI 54,487 ▲ 0.74% NDX 29,644 ▼ 0.30% RUT 3,026 ▼ 0.37% TSX 36,229 ▲ 1.19% VIX 15.57 ▼ 5.64% USD/CAD 1.4008 ▼ 0.41% US10Y 4.6150 ▼ 0.26%
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Wednesday, August 5, 2026

Brazil’s Diplomatic Stance Under Scrutiny as Blinken Visits

By · February 20, 2024 · 2 min read

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(Analysis) US Secretary of State Antony Blinken’s trip to Brazil marks a pivotal moment in the diplomatic interplay between the two nations.

This meeting with President Luiz Inácio Lula da Silva unfolds amid escalating tensions within the context of the G-20 foreign ministers’ meeting in Rio.

These arise from the Israel-Hamas conflict in Gaza, scrutinizing the foreign policies of both Brazil and the United States, albeit for varied reasons.

A diplomatic rift with Israel ensued after President Lula equated the Holocaust with the Gaza invasion, sparking a global uproar.

This comparison deviated from Brazil’s customary diplomatic stance, dishonoring the Holocaust victims’ memory.

Israeli Prime Minister Binyamin Netanyahu, in a retaliatory move, summoned Brazil’s ambassador for admonition and branded President Lula persona non grata in Israel.

 Brazil's Diplomatic Stance Under Scrutiny as Blinken Visits. (Photo Internet reproduction)
Brazil’s Diplomatic Stance Under Scrutiny as Blinken Visits. (Photo Internet reproduction)
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Lula recalled the Brazilian ambassador in a countermove, indicating a downturn in bilateral relations.

President Lula’s tenure has been notable for his vigorous efforts to reposition Brazil prominently on the international stage, with climate change as a central focus.

Nonetheless, his administration’s actions, including the political rehabilitation of Nicolás Maduro and controversial remarks on the Ukraine-Russia conflict, have drawn criticism for veering away from strategic wisdom.

Discontent among the Democratic base

Concurrently, the United States, under President Joe Biden, faces challenges with its steadfast support for Israel amid the Gaza strife.

This position has provoked discontent among the Democratic base, especially among pivotal younger voters.

Biden’s dilemma involves maintaining traditional Israeli support while accommodating a varied electorate’s demands amidst endeavors to broker a ceasefire and advocate for a Palestinian state’s establishment.

The dialogue between Lula and Blinken highlights the intricacies of their countries’ bilateral relations.

While shared interests in climate change and labor unite Brazil and the US, diverging perspectives on global alliances and geopolitical strategies introduce obstacles.

As Brazil seeks to navigate its role among major global powers, its strategy in international relations mirrors the intricate task of upholding strategic independence while cultivating beneficial global alliances.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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