IBOV 177,158.86 ▲ 1.88% IPSA 10,935.89 ▲ 0.52% IPC MEX 66,475.94 ▼ 1.23% MERVAL 3,310,982 ▲ 2.41% COLCAP 2,321.58 ▲ 0.73% BVL PERÚ 57,107.38 — — USD/BRL5.06▼ 1.08% USD/MXN17.33▼ 0.63% USD/CLP925.77▼ 0.84% USD/COP3,128▼ 2.57% USD/PEN3.38▼ 0.56% USD/ARS1,489▼ 0.47% USD/UYU40.22▲ 1.47% USD/PYG5,941▲ 0.68% USD/BOB11.80▲ 5.19% USD/DOP57.95▲ 0.09% USD/CRC449.30▲ 1.51% USD/GTQ7.63▲ 2.33% USD/HNL26.76▲ 0.31% USD/NIO36.62▼ 0.15% USD/VES743.77▲ 0.25% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.53▲ 0.49% USD/TTD6.75▲ 1.19% EUR/BRL5.83▼ 0.23% BRENT 89.45 ▼ 1.42% WTI 83.96 ▼ 0.59% IRON ORE 161.91 — — COPPER 6.50 ▲ 3.62% GOLD 4,163 ▲ 3.17% SILVER 59.27 ▲ 2.42% SOY 1,189 ▲ 0.89% CORN 468.50 ▲ 4.34% WHEAT 663.50 ▲ 0.42% COFFEE 324.50 ▼ 0.40% SUGAR 14.44 ▼ 0.41% ORANGE JUICE 145.95 ▲ 5.80% COTTON 81.10 ▲ 3.95% COCOA 5,118 ▼ 1.29% BEEF 227.45 ▼ 0.20% CATTLE 342.60 ▼ 0.49% LITHIUM 69.81 ▲ 4.60% PETR4 42.84 ▲ 2.00% VALE3 76.09 ▲ 1.39% ITUB4 42.74 ▲ 2.20% BBDC4 18.39 ▲ 0.22% ABEV3 15.96 ▲ 0.38% BBAS3 21.19 ▲ 1.97% B3SA3 15.63 ▲ 2.02% WEGE3 46.82 ▲ 2.59% PRIO3 59.96 ▲ 2.65% SUZB3 42.73 ▲ 1.02% RENT3 38.23 ▲ 2.11% AZZA3 15.86 ▼ 1.80% CSAN3 3.99 ▲ 2.57% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 2.49% GMAT3 3.98 ▲ 2.31% PSSA3 54.35 ▲ 1.00% CVCB3 1.30 ▲ 1.56% POSI3 3.52 ▼ 0.85% SLCE3 13.26 ▲ 1.30% NATU3 8.33 ▲ 0.73% BRKM5 5.93 ▲ 3.67% RANI3 8.03 ▲ 0.88% CSNA3 4.95 ▼ 4.81% CMIN3 5.72 ▼ 4.35% USIM5 7.55 ▼ 9.25% GGBR4 24.98 ▲ 0.77% ENEV3 26.15 ▲ 1.08% CPFE3 46.09 ▲ 2.90% CMIG4 11.23 ▲ 2.09% EQTL3 38.66 ▲ 2.22% LREN3 13.52 ▲ 1.20% VIVT3 32.63 ▲ 0.28% RAIL3 14.28 ▲ 2.37% KLABIN 18.05 ▲ 0.17% RAIA DROGASIL 18.25 ▲ 2.76% RDOR3 34.42 ▲ 1.68% HAPV3 11.01 ▲ 4.36% FLRY3 16.97 ▲ 0.83% SMTO3 14.40 ▲ 0.91% UGPA3 32.92 ▲ 2.88% VBBR3 35.63 ▲ 2.98% BBSE3 40.86 ▼ 0.15% BPAC11 56.62 ▲ 3.59% CURY3 30.40 ▲ 5.37% AERI3 2.13 ▲ 0.95% VIVARA 22.16 ▼ 0.85% COMPASS 24.84 ▲ 2.60% VAMOS 3.42 ▲ 3.32% SANB11 25.25 ▼ 1.48% ASAI3 8.41 ▲ 1.33% SBSP3 27.41 ▲ 3.01% WALMEX 50.34 ▲ 1.78% GMEXICO 212.28 ▲ 2.66% FEMSA 219.70 ▲ 3.56% CEMEX 20.72 ▲ 0.63% GFNORTE 200.90 ▲ 2.13% BIMBO 60.83 ▲ 1.59% TELEVISA 9.94 ▲ 0.81% AMX 21.99 ▲ 0.73% GAP 382.13 ▲ 0.81% ASUR 276.56 ▲ 1.69% OMA 233.94 ▲ 0.55% KOF 189.04 ▲ 1.18% GRUMA 268.28 ▲ 0.39% KIMBER 40.34 ▼ 0.25% SQM-B 63,290 ▼ 0.80% COPEC 6,300 ▲ 1.78% BSANTANDER 80.70 ▲ 0.57% FALABELLA 6,220 ▲ 0.06% ENELAM 87.65 ▲ 1.11% CENCOSUD 1,945 ▲ 1.35% CMPC 1,030 ▼ 0.49% BANCO CHILE 196.80 ▲ 3.04% LATAM AIR 24.90 ▲ 2.05% YPF 81,400 ▲ 2.04% GGAL 8,015 ▲ 2.82% PAMPA 5,525 ▲ 2.89% TXAR 648.00 ▼ 1.52% ALUAR 979.50 ▲ 0.67% TGS 9,810 ▲ 3.15% CEPU 2,404 ▲ 4.93% MIRGOR 16,725 ▲ 1.06% COME 44.75 ▲ 4.95% LOMA NEGRA 3,685 ▲ 0.34% BYMA 297.00 ▼ 0.34% TELECOM ARG 4,355 ▲ 1.52% ECOPETROL 17.04 ▲ 3.90% BANCOLOMBIA 93.89 ▲ 4.94% GRUPO AVAL 5.17 ▲ 5.41% CREDICORP 402.27 ▲ 4.78% SOUTHERN COPPER 185.00 ▲ 5.43% BUENAVENTURA 31.86 ▲ 5.43% MERCADOLIBRE 1,886 ▲ 1.20% NUBANK 14.49 ▲ 3.21% XP 17.20 ▲ 5.46% PAGSEGURO 9.84 ▲ 3.14% STONE 11.43 ▲ 4.29% GLOBANT 36.39 ▼ 4.61% TECNOGLASS 43.59 ▼ 2.87% GAP AIRPORT 219.58 ▲ 1.20% ASUR 276.56 ▲ 1.69% OMA AIRPORT 108.09 ▲ 1.61% AMX ADR 25.33 ▲ 1.85% FEMSA ADR 126.76 ▲ 4.71% CEMEX ADR 11.94 ▲ 2.01% PETROBRAS ADR 19.12 ▲ 2.85% VALE ADR 14.99 ▲ 2.32% ITAU ADR 8.44 ▲ 3.56% SANTANDER BR 5.06 ▲ 1.29% AMBEV ADR 3.12 ▲ 0.65% CSN 1.01 ▼ 2.43% GERDAU 4.96 ▲ 2.06% LATAM ADR 53.94 ▲ 3.63% BTC 64,687 ▲ 1.22% ETH 1,922 ▲ 0.69% SOL 74.47 ▲ 1.19% XRP 1.08 ▲ 1.12% BNB 590.94 ▲ 3.42% ADA 0.17 ▲ 5.18% DOGE 0.07 ▲ 0.67% AVAX 6.46 ▲ 0.61% LINK 8.46 ▲ 1.67% DOT 0.77 ▲ 1.49% LTC 45.64 ▲ 0.51% BCH 217.10 ▲ 2.82% TRX 0.33 ▲ 1.03% XLM 0.17 ▲ 0.14% HBAR 0.07 ▲ 0.98% NEAR 1.69 ▲ 4.20% ATOM 1.28 ▲ 0.30% AAVE 98.99 ▲ 3.06% SELIC 14.25% EMBRAER 86.14 ▲ 0.06% EMBRAER ADR 68.11 ▲ 0.67% JBS 14.29 ▲ 0.42% JBS BDR 72.15 ▼ 0.32% MBRF3 17.96 ▲ 7.80% MBRFY 3.47 ▲ 9.12% INTER 5.64 ▲ 4.25% EGX 53,442 ▼ 0.35% USD/ZAR16.48▼ 1.00% USD/NGN1,362▼ 0.25% NIKKEI 61,867 ▲ 0.71% CSI300 4,550 ▼ 1.10% HSI 25,859 ▲ 0.20% NIFTY 24,317 ▲ 0.28% KOSPI 5,594 ▼ 1.23% JCI 6,186 ▲ 1.56% USD/JPY159.49▼ 2.39% USD/CNY 6.7545 — 0.00% DAX 25,612 ▲ 0.60% CAC 8,486 ▲ 0.92% FTSE 10,897 ▼ 0.10% MIB 52,104 ▲ 1.29% IBEX 19,758 ▲ 1.78% STOXX 649.95 ▲ 0.77% EUR/USD1.15▲ 0.51% GBP/USD1.35▲ 1.32% SPX 7,438 ▲ 1.66% DJI 52,208 ▲ 1.19% NDX 28,106 ▲ 3.36% RUT 2,946 ▲ 1.37% TSX 35,506 ▲ 0.49% VIX 17.09 ▼ 17.28% USD/CAD1.40▼ 0.26% US10Y 4.6630 ▲ 0.89% IBOV 177,158.86 ▲ 1.88% IPSA 10,935.89 ▲ 0.52% IPC MEX 66,475.94 ▼ 1.23% MERVAL 3,310,982 ▲ 2.41% COLCAP 2,321.58 ▲ 0.73% BVL PERÚ 57,107.38 — — USD/BRL 5.06 ▼ 1.08% USD/MXN 17.33 ▼ 0.63% USD/CLP 925.77 ▼ 0.84% USD/COP 3,128 ▼ 2.57% USD/PEN 3.38 ▼ 0.56% USD/ARS 1,489 ▼ 0.47% USD/UYU 40.22 ▲ 1.47% USD/PYG 5,941 ▲ 0.68% USD/BOB 11.80 ▲ 5.19% USD/DOP 57.95 ▲ 0.09% USD/CRC 449.30 ▲ 1.51% USD/GTQ 7.63 ▲ 2.33% USD/HNL 26.76 ▲ 0.31% USD/NIO 36.62 ▼ 0.15% USD/VES 743.77 ▲ 0.25% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.53 ▲ 0.69% USD/TTD 6.75 ▲ 1.33% EUR/BRL 5.83 ▼ 0.23% BRENT 89.45 ▼ 1.42% WTI 83.96 ▼ 0.59% IRON ORE 161.91 — — COPPER 6.50 ▲ 3.62% GOLD 4,163 ▲ 3.17% SILVER 59.27 ▲ 2.42% SOY 1,189 ▲ 0.89% CORN 468.50 ▲ 4.34% WHEAT 663.50 ▲ 0.42% COFFEE 324.50 ▼ 0.40% SUGAR 14.44 ▼ 0.41% ORANGE JUICE 145.95 ▲ 5.80% COTTON 81.10 ▲ 3.95% COCOA 5,118 ▼ 1.29% BEEF 227.45 ▼ 0.20% CATTLE 342.60 ▼ 0.49% LITHIUM 69.81 ▲ 4.60% PETR4 42.84 ▲ 2.00% VALE3 76.09 ▲ 1.39% ITUB4 42.74 ▲ 2.20% BBDC4 18.39 ▲ 0.22% ABEV3 15.96 ▲ 0.38% BBAS3 21.19 ▲ 1.97% B3SA3 15.63 ▲ 2.02% WEGE3 46.82 ▲ 2.59% PRIO3 59.96 ▲ 2.65% SUZB3 42.73 ▲ 1.02% RENT3 38.23 ▲ 2.11% AZZA3 15.86 ▼ 1.80% CSAN3 3.99 ▲ 2.57% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 2.49% GMAT3 3.98 ▲ 2.31% PSSA3 54.35 ▲ 1.00% CVCB3 1.30 ▲ 1.56% POSI3 3.52 ▼ 0.85% SLCE3 13.26 ▲ 1.30% NATU3 8.33 ▲ 0.73% BRKM5 5.93 ▲ 3.67% RANI3 8.03 ▲ 0.88% CSNA3 4.95 ▼ 4.81% CMIN3 5.72 ▼ 4.35% USIM5 7.55 ▼ 9.25% GGBR4 24.98 ▲ 0.77% ENEV3 26.15 ▲ 1.08% CPFE3 46.09 ▲ 2.90% CMIG4 11.23 ▲ 2.09% EQTL3 38.66 ▲ 2.22% LREN3 13.52 ▲ 1.20% VIVT3 32.63 ▲ 0.28% RAIL3 14.28 ▲ 2.37% KLABIN 18.05 ▲ 0.17% RAIA DROGASIL 18.25 ▲ 2.76% RDOR3 34.42 ▲ 1.68% HAPV3 11.01 ▲ 4.36% FLRY3 16.97 ▲ 0.83% SMTO3 14.40 ▲ 0.91% UGPA3 32.92 ▲ 2.88% VBBR3 35.63 ▲ 2.98% BBSE3 40.86 ▼ 0.15% BPAC11 56.62 ▲ 3.59% CURY3 30.40 ▲ 5.37% AERI3 2.13 ▲ 0.95% VIVARA 22.16 ▼ 0.85% COMPASS 24.84 ▲ 2.60% VAMOS 3.42 ▲ 3.32% SANB11 25.25 ▼ 1.48% ASAI3 8.41 ▲ 1.33% SBSP3 27.41 ▲ 3.01% WALMEX 50.34 ▲ 1.78% GMEXICO 212.28 ▲ 2.66% FEMSA 219.70 ▲ 3.56% CEMEX 20.72 ▲ 0.63% GFNORTE 200.90 ▲ 2.13% BIMBO 60.83 ▲ 1.59% TELEVISA 9.94 ▲ 0.81% AMX 21.99 ▲ 0.73% GAP 382.13 ▲ 0.81% ASUR 276.56 ▲ 1.69% OMA 233.94 ▲ 0.55% KOF 189.04 ▲ 1.18% GRUMA 268.28 ▲ 0.39% KIMBER 40.34 ▼ 0.25% SQM-B 63,290 ▼ 0.80% COPEC 6,300 ▲ 1.78% BSANTANDER 80.70 ▲ 0.57% FALABELLA 6,220 ▲ 0.06% ENELAM 87.65 ▲ 1.11% CENCOSUD 1,945 ▲ 1.35% CMPC 1,030 ▼ 0.49% BANCO CHILE 196.80 ▲ 3.04% LATAM AIR 24.90 ▲ 2.05% YPF 81,400 ▲ 2.04% GGAL 8,015 ▲ 2.82% PAMPA 5,525 ▲ 2.89% TXAR 648.00 ▼ 1.52% ALUAR 979.50 ▲ 0.67% TGS 9,810 ▲ 3.15% CEPU 2,404 ▲ 4.93% MIRGOR 16,725 ▲ 1.06% COME 44.75 ▲ 4.95% LOMA NEGRA 3,685 ▲ 0.34% BYMA 297.00 ▼ 0.34% TELECOM ARG 4,355 ▲ 1.52% ECOPETROL 17.04 ▲ 3.90% BANCOLOMBIA 93.89 ▲ 4.94% GRUPO AVAL 5.17 ▲ 5.41% CREDICORP 402.27 ▲ 4.78% SOUTHERN COPPER 185.00 ▲ 5.43% BUENAVENTURA 31.86 ▲ 5.43% MERCADOLIBRE 1,886 ▲ 1.20% NUBANK 14.49 ▲ 3.21% XP 17.20 ▲ 5.46% PAGSEGURO 9.84 ▲ 3.14% STONE 11.43 ▲ 4.29% GLOBANT 36.39 ▼ 4.61% TECNOGLASS 43.59 ▼ 2.87% GAP AIRPORT 219.58 ▲ 1.20% ASUR 276.56 ▲ 1.69% OMA AIRPORT 108.09 ▲ 1.61% AMX ADR 25.33 ▲ 1.85% FEMSA ADR 126.76 ▲ 4.71% CEMEX ADR 11.94 ▲ 2.01% PETROBRAS ADR 19.12 ▲ 2.85% VALE ADR 14.99 ▲ 2.32% ITAU ADR 8.44 ▲ 3.56% SANTANDER BR 5.06 ▲ 1.29% AMBEV ADR 3.12 ▲ 0.65% CSN 1.01 ▼ 2.43% GERDAU 4.96 ▲ 2.06% LATAM ADR 53.94 ▲ 3.63% BTC 64,687 ▲ 1.22% ETH 1,922 ▲ 0.69% SOL 74.47 ▲ 1.19% XRP 1.08 ▲ 1.12% BNB 590.94 ▲ 3.42% ADA 0.17 ▲ 5.18% DOGE 0.07 ▲ 0.67% AVAX 6.46 ▲ 0.61% LINK 8.46 ▲ 1.67% DOT 0.77 ▲ 1.49% LTC 45.64 ▲ 0.51% BCH 217.10 ▲ 2.82% TRX 0.33 ▲ 1.03% XLM 0.17 ▲ 0.14% HBAR 0.07 ▲ 0.98% NEAR 1.69 ▲ 4.20% ATOM 1.28 ▲ 0.30% AAVE 98.99 ▲ 3.06% SELIC 14.25% EMBRAER 86.14 ▲ 0.06% EMBRAER ADR 68.11 ▲ 0.67% JBS 14.29 ▲ 0.42% JBS BDR 72.15 ▼ 0.32% MBRF3 17.96 ▲ 7.80% MBRFY 3.47 ▲ 9.12% INTER 5.64 ▲ 4.25% EGX 53,442 ▼ 0.35% USD/ZAR 16.48 ▼ 1.13% USD/NGN 1,362 ▼ 0.07% NIKKEI 61,867 ▲ 0.71% CSI300 4,550 ▼ 1.10% HSI 25,859 ▲ 0.20% NIFTY 24,317 ▲ 0.28% KOSPI 5,594 ▼ 1.23% JCI 6,186 ▲ 1.56% USD/JPY 159.49 ▼ 2.38% USD/CNY 6.7545 — 0.00% DAX 25,612 ▲ 0.60% CAC 8,486 ▲ 0.92% FTSE 10,897 ▼ 0.10% MIB 52,104 ▲ 1.29% IBEX 19,758 ▲ 1.78% STOXX 649.95 ▲ 0.77% EUR/USD 1.1531 ▲ 0.58% GBP/USD 1.3466 ▲ 0.76% SPX 7,438 ▲ 1.66% DJI 52,208 ▲ 1.19% NDX 28,106 ▲ 3.36% RUT 2,946 ▲ 1.37% TSX 35,506 ▲ 0.49% VIX 17.09 ▼ 17.28% USD/CAD 1.4008 ▼ 0.23% US10Y 4.6630 ▲ 0.89%
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Thursday, July 30, 2026

From Gates to Musk: Lula Confronts Billionaires on Global Issues

By · September 24, 2024 · 2 min read

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In a stirring speech at the Goalkeepers event in New York, Brazilian President Luiz Inácio Lula da Silva voiced his concerns about global inequality.

He received an award from the Bill and Melinda Gates Foundation, using the platform to address pressing world issues.

Lula challenged the notion that hunger stems from a lack of funds. Instead, he pointed to a lack of shame among world leaders as the root cause.

The president emphasized that the wealthy don’t need the state, unlike those without educational opportunities.

While praising Bill Gates for establishing a foundation, Lula cautioned that donations alone won’t solve global problems.

From Gates to Musk: Lula Confronts Billionaires on Global Issues. (Photo Internet reproduction)
From Gates to Musk: Lula Confronts Billionaires on Global Issues. (Photo Internet reproduction)
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He stressed the importance of public policies in addressing issues like hunger, even in developed nations like the United States.

The Brazilian leader didn’t shy away from criticizing billionaires, including Elon Musk. He questioned their focus on space exploration when Earth needs attention.

Lula highlighted the vast sums spent on weapons, arguing that these funds could end world hunger if redirected.

Addressing wealth disparity, Lula noted that five mega-entrepreneurs possess more wealth than ten countries combined.

From Gates to Musk: Lula Confronts Billionaires on Global Issues

He clarified his stance, stating he’s not against the rich but against poverty. The president emphasized the absurdity of individuals owning more wealth than entire nations.

Lula’s speech took an unexpected turn when he mentioned his past as a union leader. He humorously claimed to have advocated for a capitalist thesis inspired by Henry Ford’s philosophy of fair wages.

The Brazilian president also criticized the United Nations, lamenting its inability to create a Palestinian state.

He called for a new world authority, arguing that the current system of five permanent Security Council members is outdated.

Lula’s passionate address highlighted the need for global governance and equality. He painted a picture of a world out of control, where agreements are signed but never fulfilled.

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