IBOV 177,347 ▲ 2.67% IPSA 10,977 ▼ 0.44% IPC MEX 66,635 ▲ 0.80% MERVAL 3,243,193 ▲ 1.27% COLCAP 2,290.57 ▼ 0.10% BVL PERÚ 56,194.27 ▲ 1.14% USD/BRL5.10▼ 0.24% USD/MXN17.47▼ 0.41% USD/CLP923.70▼ 0.43% USD/COP3,240▼ 3.08% USD/PEN3.39▼ 0.38% 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/JMD158.07▲ 0.80% USD/TTD6.75▲ 1.32% EUR/BRL5.83▼ 1.07% BRENT 75.77 ▼ 0.69% WTI 71.25 ▼ 1.15% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.01% GOLD 4,114 ▼ 0.40% SILVER 60.10 ▼ 0.47% SOY 1,193 ▲ 1.10% CORN 461.25 ▲ 7.83% WHEAT 640.75 ▲ 4.83% COFFEE 337.25 ▼ 5.52% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 146.10 ▼ 2.54% COTTON 80.87 ▲ 6.18% COCOA 5,988 ▼ 5.09% BEEF 235.25 — 0.00% CATTLE 354.88 ▼ 0.36% LITHIUM 72.35 ▼ 0.65% PETR4 39.55 ▲ 0.87% VALE3 74.51 ▲ 1.86% ITUB4 44.02 ▲ 3.36% BBDC4 18.73 ▲ 4.06% ABEV3 15.84 ▲ 0.76% BBAS3 20.56 ▲ 2.80% B3SA3 15.45 ▲ 4.46% WEGE3 46.44 ▲ 1.53% PRIO3 55.38 ▼ 0.41% SUZB3 41.46 ▲ 1.05% RENT3 40.78 ▲ 3.50% AZZA3 19.29 ▲ 4.50% CSAN3 4.03 ▲ 4.40% RAIZ4 0.37 — 0.00% PCAR3 2.76 — 0.00% GMAT3 3.99 ▲ 1.53% PSSA3 54.29 ▲ 1.76% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.01 ▲ 1.60% NATU3 8.65 ▲ 2.25% BRKM5 6.59 ▲ 3.62% RANI3 8.00 ▲ 1.78% CSNA3 5.17 ▲ 7.71% CMIN3 5.11 ▲ 5.80% USIM5 8.45 ▲ 1.20% GGBR4 22.85 ▲ 1.65% ENEV3 27.43 ▲ 4.69% CPFE3 47.54 ▲ 2.70% CMIG4 11.34 ▲ 2.35% EQTL3 40.85 ▲ 3.39% LREN3 14.83 ▲ 4.81% VIVT3 35.54 ▲ 3.01% RAIL3 14.04 ▲ 2.11% KLABIN 17.50 ▲ 0.57% RAIA DROGASIL 18.94 ▲ 4.47% RDOR3 35.99 ▲ 2.39% HAPV3 10.61 ▲ 5.36% FLRY3 16.35 ▲ 3.81% SMTO3 15.95 ▼ 0.62% UGPA3 30.56 ▲ 1.53% VBBR3 32.70 ▲ 1.87% BBSE3 39.99 ▲ 1.81% BPAC11 58.03 ▲ 4.22% CURY3 33.83 ▲ 3.46% AERI3 2.08 ▲ 0.97% VIVARA 23.44 ▲ 3.81% COMPASS 25.11 ▲ 1.74% VAMOS 3.05 ▲ 3.04% SANB11 27.38 ▲ 4.30% ASAI3 8.88 ▲ 4.96% SBSP3 31.01 ▲ 3.37% WALMEX 49.30 ▲ 0.57% GMEXICO 198.03 ▲ 1.38% FEMSA 223.07 ▲ 0.31% CEMEX 21.92 ▲ 0.97% GFNORTE 188.70 ▲ 1.81% BIMBO 56.28 ▲ 0.63% TELEVISA 9.62 ▲ 1.37% AMX 22.98 ▲ 1.50% GAP 410.61 ▼ 0.75% ASUR 286.71 ▲ 1.09% OMA 235.81 ▼ 0.92% KOF 182.47 ▲ 0.87% GRUMA 284.78 ▲ 0.88% KIMBER 38.30 ▼ 0.36% SQM-B 68,000 ▼ 1.59% COPEC 6,000 ▼ 0.33% BSANTANDER 78.45 ▲ 1.23% FALABELLA 5,891 ▲ 0.68% ENELAM 84.91 ▲ 0.89% CENCOSUD 2,030 ▼ 1.29% CMPC 1,111 ▲ 1.51% BANCO CHILE 188.35 ▲ 0.72% LATAM AIR 26.08 ▼ 1.21% YPF 74,100 ▼ 2.21% GGAL 8,180 ▲ 3.81% PAMPA 5,185 ▼ 0.38% TXAR 666.00 ▲ 0.23% ALUAR 972.00 ▲ 0.36% TGS 9,500 ▲ 2.04% CEPU 2,350 ▲ 1.51% MIRGOR 17,075 ▼ 0.73% COME 45.83 ▲ 0.90% LOMA NEGRA 3,533 ▲ 1.00% BYMA 310.75 ▲ 0.32% TELECOM ARG 4,160 ▲ 0.97% ECOPETROL 15.58 ▲ 1.20% BANCOLOMBIA 83.40 ▲ 3.05% GRUPO AVAL 5.10 ▲ 1.59% CREDICORP 400.26 ▲ 2.13% SOUTHERN COPPER 176.09 ▲ 0.95% BUENAVENTURA 30.18 ▲ 2.13% MERCADOLIBRE 1,882 ▲ 4.12% NUBANK 13.90 ▲ 1.65% XP 17.00 ▲ 3.56% PAGSEGURO 9.30 ▲ 3.33% STONE 11.24 ▲ 2.55% GLOBANT 30.19 ▼ 3.52% TECNOGLASS 44.18 ▲ 2.41% GAP AIRPORT 235.03 ▲ 0.24% ASUR 286.71 ▲ 1.09% OMA AIRPORT 107.93 ▼ 0.37% AMX ADR 26.25 ▲ 1.57% FEMSA ADR 128.09 ▲ 0.86% CEMEX ADR 12.52 ▲ 1.17% PETROBRAS ADR 17.19 ▲ 0.94% VALE ADR 14.55 ▲ 2.32% ITAU ADR 8.61 ▲ 3.99% SANTANDER BR 5.41 ▲ 5.25% AMBEV ADR 3.08 ▲ 1.15% CSN 1.03 ▲ 7.36% GERDAU 4.49 ▲ 1.70% LATAM ADR 56.47 ▼ 1.00% BTC 63,915 ▲ 1.14% ETH 1,792 ▲ 2.70% SOL 77.73 ▼ 0.40% XRP 1.10 ▲ 0.87% BNB 576.59 ▲ 1.43% ADA 0.17 ▲ 0.23% DOGE 0.07 ▲ 1.48% AVAX 6.76 ▲ 1.15% LINK 7.94 ▲ 2.70% DOT 0.88 ▲ 6.65% LTC 44.64 ▲ 2.00% BCH 247.68 ▲ 4.17% TRX 0.33 ▼ 0.50% XLM 0.19 ▲ 1.86% HBAR 0.07 ▲ 0.34% NEAR 1.90 ▼ 1.01% ATOM 1.58 ▲ 2.01% AAVE 95.16 ▲ 4.28% SELIC 14.25% EMBRAER 85.02 ▲ 1.38% EMBRAER ADR 66.53 ▲ 1.51% JBS 11.86 ▲ 1.07% JBS BDR 60.47 ▲ 0.70% MBRF3 15.80 ▲ 2.53% MBRFY 3.04 ▲ 1.33% INTER 5.87 ▲ 2.71% EGX 52,312 ▲ 0.54% USD/ZAR16.30▼ 0.17% 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/JPY161.54▼ 0.52% USD/CNY6.76▼ 0.42% 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▼ 0.04% GBP/USD 1.3404 — 0.00% SPX 7,566 ▲ 0.30% DJI 52,623 ▲ 0.26% NDX 29,836 ▲ 0.37% RUT 2,976 ▼ 0.55% TSX 35,233 ▲ 0.09% VIX 15.32 ▼ 3.28% USD/CAD1.41▼ 0.23% US10Y 4.5650 ▲ 0.57% IBOV 177,347 ▲ 2.67% IPSA 10,977 ▼ 0.44% IPC MEX 66,635 ▲ 0.80% MERVAL 3,243,193 ▲ 1.27% COLCAP 2,290.57 ▼ 0.10% BVL PERÚ 56,194.27 ▲ 1.14% USD/BRL 5.10 ▼ 0.24% USD/MXN 17.47 ▼ 0.45% USD/CLP 923.76 ▼ 0.42% USD/COP 3,244 ▼ 2.95% USD/PEN 3.39 ▼ 0.38% 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 158.07 ▲ 0.80% USD/TTD 6.75 ▲ 1.32% EUR/BRL 5.83 ▼ 1.08% BRENT 75.77 ▼ 0.69% WTI 71.25 ▼ 1.15% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.01% GOLD 4,114 ▼ 0.40% SILVER 60.10 ▼ 0.47% SOY 1,193 ▲ 1.10% CORN 461.25 ▲ 7.83% WHEAT 640.75 ▲ 4.83% COFFEE 337.25 ▼ 5.52% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 146.10 ▼ 2.54% COTTON 80.87 ▲ 6.18% COCOA 5,988 ▼ 5.09% BEEF 235.25 — 0.00% CATTLE 354.88 ▼ 0.36% LITHIUM 72.35 ▼ 0.65% PETR4 39.55 ▲ 0.87% VALE3 74.51 ▲ 1.86% ITUB4 44.02 ▲ 3.36% BBDC4 18.73 ▲ 4.06% ABEV3 15.84 ▲ 0.76% BBAS3 20.56 ▲ 2.80% B3SA3 15.45 ▲ 4.46% WEGE3 46.44 ▲ 1.53% PRIO3 55.38 ▼ 0.41% SUZB3 41.46 ▲ 1.05% RENT3 40.78 ▲ 3.50% AZZA3 19.29 ▲ 4.50% CSAN3 4.03 ▲ 4.40% RAIZ4 0.37 — 0.00% PCAR3 2.76 — 0.00% GMAT3 3.99 ▲ 1.53% PSSA3 54.29 ▲ 1.76% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.01 ▲ 1.60% NATU3 8.65 ▲ 2.25% BRKM5 6.59 ▲ 3.62% RANI3 8.00 ▲ 1.78% CSNA3 5.17 ▲ 7.71% CMIN3 5.11 ▲ 5.80% USIM5 8.45 ▲ 1.20% GGBR4 22.85 ▲ 1.65% ENEV3 27.43 ▲ 4.69% CPFE3 47.54 ▲ 2.70% CMIG4 11.34 ▲ 2.35% EQTL3 40.85 ▲ 3.39% LREN3 14.83 ▲ 4.81% VIVT3 35.54 ▲ 3.01% RAIL3 14.04 ▲ 2.11% KLABIN 17.50 ▲ 0.57% RAIA DROGASIL 18.94 ▲ 4.47% RDOR3 35.99 ▲ 2.39% HAPV3 10.61 ▲ 5.36% FLRY3 16.35 ▲ 3.81% SMTO3 15.95 ▼ 0.62% UGPA3 30.56 ▲ 1.53% VBBR3 32.70 ▲ 1.87% BBSE3 39.99 ▲ 1.81% BPAC11 58.03 ▲ 4.22% CURY3 33.83 ▲ 3.46% AERI3 2.08 ▲ 0.97% VIVARA 23.44 ▲ 3.81% COMPASS 25.11 ▲ 1.74% VAMOS 3.05 ▲ 3.04% SANB11 27.38 ▲ 4.30% ASAI3 8.88 ▲ 4.96% SBSP3 31.01 ▲ 3.37% WALMEX 49.30 ▲ 0.57% GMEXICO 198.03 ▲ 1.38% FEMSA 223.07 ▲ 0.31% CEMEX 21.92 ▲ 0.97% GFNORTE 188.70 ▲ 1.81% BIMBO 56.28 ▲ 0.63% TELEVISA 9.62 ▲ 1.37% AMX 22.98 ▲ 1.50% GAP 410.61 ▼ 0.75% ASUR 286.71 ▲ 1.09% OMA 235.81 ▼ 0.92% KOF 182.47 ▲ 0.87% GRUMA 284.78 ▲ 0.88% KIMBER 38.30 ▼ 0.36% SQM-B 68,000 ▼ 1.59% COPEC 6,000 ▼ 0.33% BSANTANDER 78.45 ▲ 1.23% FALABELLA 5,891 ▲ 0.68% ENELAM 84.91 ▲ 0.89% CENCOSUD 2,030 ▼ 1.29% CMPC 1,111 ▲ 1.51% BANCO CHILE 188.35 ▲ 0.72% LATAM AIR 26.08 ▼ 1.21% YPF 74,100 ▼ 2.21% GGAL 8,180 ▲ 3.81% PAMPA 5,185 ▼ 0.38% TXAR 666.00 ▲ 0.23% ALUAR 972.00 ▲ 0.36% TGS 9,500 ▲ 2.04% CEPU 2,350 ▲ 1.51% MIRGOR 17,075 ▼ 0.73% COME 45.83 ▲ 0.90% LOMA NEGRA 3,533 ▲ 1.00% BYMA 310.75 ▲ 0.32% TELECOM ARG 4,160 ▲ 0.97% ECOPETROL 15.58 ▲ 1.20% BANCOLOMBIA 83.40 ▲ 3.05% GRUPO AVAL 5.10 ▲ 1.59% CREDICORP 400.26 ▲ 2.13% SOUTHERN COPPER 176.09 ▲ 0.95% BUENAVENTURA 30.18 ▲ 2.13% MERCADOLIBRE 1,882 ▲ 4.12% NUBANK 13.90 ▲ 1.65% XP 17.00 ▲ 3.56% PAGSEGURO 9.30 ▲ 3.33% STONE 11.24 ▲ 2.55% GLOBANT 30.19 ▼ 3.52% TECNOGLASS 44.18 ▲ 2.41% GAP AIRPORT 235.03 ▲ 0.24% ASUR 286.71 ▲ 1.09% OMA AIRPORT 107.93 ▼ 0.37% AMX ADR 26.25 ▲ 1.57% FEMSA ADR 128.09 ▲ 0.86% CEMEX ADR 12.52 ▲ 1.17% PETROBRAS ADR 17.19 ▲ 0.94% VALE ADR 14.55 ▲ 2.32% ITAU ADR 8.61 ▲ 3.99% SANTANDER BR 5.41 ▲ 5.25% AMBEV ADR 3.08 ▲ 1.15% CSN 1.03 ▲ 7.36% GERDAU 4.49 ▲ 1.70% LATAM ADR 56.47 ▼ 1.00% BTC 63,915 ▲ 1.14% ETH 1,792 ▲ 2.70% SOL 77.73 ▼ 0.40% XRP 1.10 ▲ 0.87% BNB 576.59 ▲ 1.43% ADA 0.17 ▲ 0.23% DOGE 0.07 ▲ 1.48% AVAX 6.76 ▲ 1.15% LINK 7.94 ▲ 2.70% DOT 0.88 ▲ 6.65% LTC 44.64 ▲ 2.00% BCH 247.68 ▲ 4.17% TRX 0.33 ▼ 0.50% XLM 0.19 ▲ 1.86% HBAR 0.07 ▲ 0.34% NEAR 1.90 ▼ 1.01% ATOM 1.58 ▲ 2.01% AAVE 95.16 ▲ 4.28% SELIC 14.25% EMBRAER 85.02 ▲ 1.38% EMBRAER ADR 66.53 ▲ 1.51% JBS 11.86 ▲ 1.07% JBS BDR 60.47 ▲ 0.70% MBRF3 15.80 ▲ 2.53% MBRFY 3.04 ▲ 1.33% INTER 5.87 ▲ 2.71% EGX 52,312 ▲ 0.54% USD/ZAR 16.30 ▼ 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 161.54 ▼ 0.51% USD/CNY 6.7643 ▼ 0.40% 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 1.1427 ▼ 0.06% GBP/USD 1.3404 — 0.00% SPX 7,566 ▲ 0.30% DJI 52,623 ▲ 0.26% NDX 29,836 ▲ 0.37% RUT 2,976 ▼ 0.55% TSX 35,233 ▲ 0.09% VIX 15.32 ▼ 3.28% USD/CAD 1.4134 ▼ 0.23% US10Y 4.5650 ▲ 0.57%
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Friday, July 10, 2026

Europe’s decline: Swiss government advises its citizens to share a shower

By · September 20, 2022 · 2 min read

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We are witnessing things that were unimaginable less than two years ago, a sudden impoverishment in one of the wealthiest regions in the world, Europe.

The latest comes from Switzerland.

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Environment minister Simonetta Sommaruga proposed that the Swiss “turn off the computer when not in use, turn off the lights or take a shower together” to reduce energy consumption by 15 percent, according to the British newspaper The Times.

The alpine country imports 75 percent of its gas from Germany, prompting officials this summer to announce their intention to cut energy consumption by 15 percent from October to the end of March.

Swiss government advises its citizens to share a shower to save money. (Photo internet reproduction)
Swiss government advises its citizens to share a shower to save money. (Photo internet reproduction)
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As a result, a campaign was launched entitled ‘Energy is limited. Let’s not waste it.’

The campaign is asking people to help prevent the country from experiencing energy shortages before winter by, for example, using less water, turning off electrical appliances and lights when not in use, and lowering heating temperatures.

If the situation does not improve and further shortages occur, the Federal Council could introduce “consumption restrictions, bans, and quota regulations,” according to local reports.

But communal showering seems to have displeased the Swiss, sparking an avalanche of criticism.

In Femina magazine, for example, the editorial denounces the government’s attempt to “manage our private lives down to the smallest details.”

Beyond the anecdote, Switzerland is simply preparing for a terrible situation caused by the poor judgment of European politicians.

It is the perfect storm, and while the number of companies on the brink of bankruptcy is higher than it has been in many decades, the cost of a flood of migrants from Africa, the Middle East, and Ukraine must be borne. The Ukrainian war machine must continue to be fed.

The result is an unprecedented deterioration in the living standards of the average European.

In the UK, 60 percent of businesses are on the verge of closure due to rising electricity prices.

This is reported by the Make UK think tank, which represents the interests of British industry.

Thirteen percent of British factories have reduced working hours, and seven percent are closing temporarily. Electricity bills are up more than 100% from last year.

In Germany, according to the Leibniz Institute for Economic Research, the number of corporate and personal insolvencies rose 26% in August alone compared to the same period last year.

The figure was significantly higher than predicted by German analysts. According to experts, bankruptcies will only increase in the fall.

This is related to the rising cost of production processes, particularly the increase in energy prices.

And the Russian Nord Stream pipeline shutdown promises to have apocalyptic effects – the worst energy crisis in Europe in decades.

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