IBOV 168,334 ▲ 0.03% IPSA 10,888 ▲ 0.47% IPC MEX 67,705 ▼ 0.82% MERVAL 3,291,322 ▼ 1.26% COLCAP 2,502.96 ▲ 4.02% BVL PERÚ 57,309.08 ▲ 1.03% USD/BRL5.14▼ 0.19% USD/MXN17.33▼ 0.03% USD/CLP900.18▼ 0.38% USD/COP3,436▼ 0.22% USD/PEN3.38▲ 0.02% USD/ARS1,463▼ 0.03% USD/UYU 39.97 — 0.00% USD/PYG 6,069 — 0.00% USD/BOB 6.86 — 0.00% USD/DOP58.24▲ 0.02% USD/CRC 450.55 — 0.00% USD/GTQ7.62— 0.00% USD/HNL 26.67 — 0.00% USD/NIO 36.62 — 0.00% USD/VES610.90▲ 4.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09— 0.00% USD/TTD6.70— 0.00% EUR/BRL5.89▼ 0.13% BRENT 78.98 ▼ 1.09% WTI 75.12 ▼ 1.93% IRON ORE 161.91 — — COPPER 6.37 ▼ 0.07% GOLD 4,225 ▲ 0.01% SILVER 66.40 ▲ 0.22% SOY 1,146 ▲ 2.03% CORN 415.50 ▼ 0.48% WHEAT 609.25 ▲ 0.58% COFFEE 261.40 ▼ 4.98% SUGAR 14.06 ▲ 3.46% ORANGE JUICE 158.20 ▲ 6.28% COTTON 80.12 ▲ 5.35% COCOA 4,423 ▲ 6.76% BEEF 246.75 ▼ 3.51% CATTLE 366.93 ▼ 0.14% LITHIUM 82.15 ▼ 1.11% PETR4 38.80 ▼ 0.13% VALE3 80.75 ▲ 1.01% ITUB4 39.87 ▼ 0.64% BBDC4 17.47 — 0.00% ABEV3 16.05 ▼ 1.05% BBAS3 19.42 ▼ 0.56% B3SA3 14.41 ▲ 0.56% WEGE3 45.16 ▼ 1.42% PRIO3 57.20 ▲ 0.40% SUZB3 43.23 ▼ 0.80% RENT3 40.12 ▲ 0.07% AZZA3 17.56 ▲ 8.33% CSAN3 3.49 ▲ 2.65% RAIZ4 0.42 ▲ 5.00% PCAR3 2.03 ▲ 12.78% GMAT3 3.90 ▲ 1.83% PSSA3 52.50 ▲ 0.04% CVCB3 1.22 ▼ 1.61% POSI3 4.00 ▲ 5.54% SLCE3 13.60 ▲ 0.44% NATU3 7.50 ▲ 0.94% BRKM5 7.50 ▼ 0.13% RANI3 7.90 ▲ 0.51% CSNA3 5.26 ▲ 1.54% CMIN3 4.32 ▲ 2.61% USIM5 9.17 ▲ 0.77% GGBR4 21.66 ▲ 0.05% ENEV3 24.49 ▲ 1.62% NEOE3 33.80 — 0.00% CPFE3 43.88 ▼ 0.30% CMIG4 10.68 ▼ 0.37% EQTL3 37.05 ▲ 0.52% LREN3 14.29 ▲ 2.14% VIVT3 32.46 ▼ 0.67% RAIL3 12.45 ▲ 0.97% KLABIN 17.13 ▼ 0.58% RAIA DROGASIL 16.25 ▼ 1.81% RDOR3 33.60 ▲ 1.05% HAPV3 10.31 ▼ 2.55% FLRY3 14.93 ▲ 0.67% SMTO3 14.93 ▼ 0.27% UGPA3 25.10 ▲ 1.09% VBBR3 28.80 ▲ 0.73% BBSE3 38.90 ▼ 1.37% BPAC11 50.64 ▼ 0.41% CURY3 33.27 ▲ 1.68% AERI3 2.24 ▼ 0.44% VIVARA 20.85 ▼ 1.00% COMPASS 24.28 ▼ 1.70% VAMOS 2.68 ▼ 1.11% SANB11 26.88 ▲ 0.60% ASAI3 7.65 ▼ 0.39% SBSP3 26.96 ▲ 0.22% WALMEX 50.96 ▲ 1.33% GMEXICO 207.50 ▼ 3.34% FEMSA 217.40 ▼ 0.87% CEMEX 21.52 ▼ 3.15% GFNORTE 189.48 ▼ 1.07% BIMBO 58.92 ▲ 3.33% TELEVISA 10.05 ▼ 4.19% AMX 23.61 ▲ 2.74% GAP 436.88 ▼ 0.71% ASUR 308.21 ▲ 2.26% OMA 238.13 ▼ 3.57% KOF 181.26 ▼ 4.57% GRUMA 287.07 ▼ 0.56% KIMBER 38.37 ▲ 3.84% SQM-B 73,200 ▲ 1.74% COPEC 5,860 ▼ 0.02% BSANTANDER 74.00 ▲ 0.41% FALABELLA 6,065 ▼ 0.56% ENELAM 82.51 ▲ 9.58% CENCOSUD 2,116 ▼ 2.06% CMPC 1,041 ▼ 1.32% BANCO CHILE 180.01 ▼ 1.35% LATAM AIR 25.25 ▲ 0.52% YPF 76,425 ▲ 0.39% GGAL 8,260 ▼ 2.82% PAMPA 5,190 ▼ 0.57% TXAR 674.50 ▼ 0.88% ALUAR 1,000 ▼ 0.99% TGS 9,730 ▲ 2.21% CEPU 2,393 ▲ 1.36% MIRGOR 16,850 ▲ 0.15% COME 45.48 ▼ 0.70% LOMA NEGRA 3,550 ▼ 0.91% BYMA 318.00 ▼ 2.00% TELECOM ARG 4,165 ▼ 0.77% ECOPETROL 16.58 ▲ 5.81% BANCOLOMBIA 81.45 ▲ 1.89% GRUPO AVAL 5.75 ▲ 3.05% CREDICORP 382.76 ▼ 1.08% SOUTHERN COPPER 192.93 ▲ 0.65% BUENAVENTURA 32.58 ▼ 4.85% MERCADOLIBRE 1,635 ▲ 0.20% NUBANK 12.71 ▼ 1.40% XP 15.30 ▼ 0.78% PAGSEGURO 8.82 ▼ 1.01% STONE 10.59 ▼ 1.67% GLOBANT 30.74 ▼ 11.18% TECNOGLASS 45.97 ▲ 1.86% GAP AIRPORT 254.31 ▲ 2.30% ASUR 308.21 ▲ 2.26% OMA AIRPORT 114.00 ▲ 2.21% AMX ADR 26.46 ▲ 0.04% FEMSA ADR 126.47 ▲ 0.72% CEMEX ADR 12.73 ▲ 1.03% PETROBRAS ADR 16.75 ▼ 0.24% VALE ADR 15.42 ▼ 0.71% ITAU ADR 7.79 ▼ 2.26% SANTANDER BR 5.20 ▼ 3.17% AMBEV ADR 3.12 ▼ 0.64% CSN 1.03 ▼ 8.04% GERDAU 4.17 ▼ 7.13% LATAM ADR 55.85 ▲ 2.40% BTC 64,686 ▲ 2.29% ETH 1,771 ▲ 3.91% SOL 74.33 ▲ 2.64% XRP 1.15 ▲ 2.17% BNB 597.24 ▲ 2.31% ADA 0.16 ▲ 3.43% DOGE 0.08 ▲ 2.60% AVAX 6.37 ▲ 4.32% LINK 8.08 ▲ 3.96% DOT 0.97 ▲ 3.18% LTC 45.24 ▲ 1.80% BCH 201.00 ▲ 3.18% TRX 0.33 ▲ 1.20% XLM 0.21 ▲ 1.73% HBAR 0.08 ▲ 2.09% NEAR 2.17 ▲ 3.20% ATOM 1.83 ▲ 4.16% AAVE 76.64 ▲ 3.66% SELIC 14.25% EMBRAER 79.20 ▲ 0.41% EMBRAER ADR 60.70 ▼ 0.99% JBS 11.93 ▼ 2.37% JBS BDR 59.52 ▼ 3.72% MBRF3 15.28 ▼ 1.10% MBRFY 2.96 — 0.00% INTER 5.44 ▼ 2.16% EGX 52,581 ▼ 0.19% USD/ZAR16.41▼ 0.40% USD/NGN 1,358 — 0.00% NIKKEI 72,354 ▲ 1.55% CSI300 5,060 ▲ 2.39% HSI 23,769 ▼ 0.65% NIFTY 24,103 ▲ 0.37% KOSPI 9,115 ▲ 0.69% JCI 6,117 ▼ 0.98% USD/JPY161.73▲ 0.31% USD/CNY6.76▼ 0.08% DAX 24,948 ▼ 0.15% CAC 8,381 ▼ 0.47% FTSE 10,403 ▲ 0.38% MIB 52,598 ▼ 0.48% IBEX 19,446 ▲ 0.51% STOXX 636.15 ▲ 0.08% EUR/USD1.15▼ 0.02% GBP/USD1.32▲ 0.33% SPX 7,501 ▲ 1.08% DJI 51,565 ▲ 0.14% NDX 30,406 ▲ 2.48% RUT 2,980 ▲ 2.12% TSX 34,857 ▼ 0.32% VIX 17.35 ▲ 3.40% USD/CAD1.42▲ 0.06% US10Y 4.4510 — 0.00% IBOV 168,334 ▲ 0.03% IPSA 10,888 ▲ 0.47% IPC MEX 67,705 ▼ 0.82% MERVAL 3,291,322 ▼ 1.26% COLCAP 2,502.96 ▲ 4.02% BVL PERÚ 57,309.08 ▲ 1.03% USD/BRL 5.14 ▼ 0.19% USD/MXN 17.33 ▼ 0.03% USD/CLP 900.18 ▼ 0.38% USD/COP 3,436 ▼ 0.22% USD/PEN 3.38 ▲ 0.02% USD/ARS 1,463 ▼ 0.03% USD/UYU 39.97 — 0.00% USD/PYG 6,069 — 0.00% USD/BOB 6.86 — 0.00% USD/DOP 58.24 ▲ 0.02% USD/CRC 450.55 — 0.00% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.67 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 610.90 ▲ 4.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 0.41% USD/TTD 6.70 ▲ 0.56% EUR/BRL 5.89 ▼ 0.13% BRENT 78.98 ▼ 1.09% WTI 75.12 ▼ 1.93% IRON ORE 161.91 — — COPPER 6.37 ▼ 0.07% GOLD 4,225 ▲ 0.01% SILVER 66.40 ▲ 0.22% SOY 1,146 ▲ 2.03% CORN 415.50 ▼ 0.48% WHEAT 609.25 ▲ 0.58% COFFEE 261.40 ▼ 4.98% SUGAR 14.06 ▲ 3.46% ORANGE JUICE 158.20 ▲ 6.28% COTTON 80.12 ▲ 5.35% COCOA 4,423 ▲ 6.76% BEEF 246.75 ▼ 3.51% CATTLE 366.93 ▼ 0.14% LITHIUM 82.15 ▼ 1.11% PETR4 38.80 ▼ 0.13% VALE3 80.75 ▲ 1.01% ITUB4 39.87 ▼ 0.64% BBDC4 17.47 — 0.00% ABEV3 16.05 ▼ 1.05% BBAS3 19.42 ▼ 0.56% B3SA3 14.41 ▲ 0.56% WEGE3 45.16 ▼ 1.42% PRIO3 57.20 ▲ 0.40% SUZB3 43.23 ▼ 0.80% RENT3 40.12 ▲ 0.07% AZZA3 17.56 ▲ 8.33% CSAN3 3.49 ▲ 2.65% RAIZ4 0.42 ▲ 5.00% PCAR3 2.03 ▲ 12.78% GMAT3 3.90 ▲ 1.83% PSSA3 52.50 ▲ 0.04% CVCB3 1.22 ▼ 1.61% POSI3 4.00 ▲ 5.54% SLCE3 13.60 ▲ 0.44% NATU3 7.50 ▲ 0.94% BRKM5 7.50 ▼ 0.13% RANI3 7.90 ▲ 0.51% CSNA3 5.26 ▲ 1.54% CMIN3 4.32 ▲ 2.61% USIM5 9.17 ▲ 0.77% GGBR4 21.66 ▲ 0.05% ENEV3 24.49 ▲ 1.62% NEOE3 33.80 — 0.00% CPFE3 43.88 ▼ 0.30% CMIG4 10.68 ▼ 0.37% EQTL3 37.05 ▲ 0.52% LREN3 14.29 ▲ 2.14% VIVT3 32.46 ▼ 0.67% RAIL3 12.45 ▲ 0.97% KLABIN 17.13 ▼ 0.58% RAIA DROGASIL 16.25 ▼ 1.81% RDOR3 33.60 ▲ 1.05% HAPV3 10.31 ▼ 2.55% FLRY3 14.93 ▲ 0.67% SMTO3 14.93 ▼ 0.27% UGPA3 25.10 ▲ 1.09% VBBR3 28.80 ▲ 0.73% BBSE3 38.90 ▼ 1.37% BPAC11 50.64 ▼ 0.41% CURY3 33.27 ▲ 1.68% AERI3 2.24 ▼ 0.44% VIVARA 20.85 ▼ 1.00% COMPASS 24.28 ▼ 1.70% VAMOS 2.68 ▼ 1.11% SANB11 26.88 ▲ 0.60% ASAI3 7.65 ▼ 0.39% SBSP3 26.96 ▲ 0.22% WALMEX 50.96 ▲ 1.33% GMEXICO 207.50 ▼ 3.34% FEMSA 217.40 ▼ 0.87% CEMEX 21.52 ▼ 3.15% GFNORTE 189.48 ▼ 1.07% BIMBO 58.92 ▲ 3.33% TELEVISA 10.05 ▼ 4.19% AMX 23.61 ▲ 2.74% GAP 436.88 ▼ 0.71% ASUR 308.21 ▲ 2.26% OMA 238.13 ▼ 3.57% KOF 181.26 ▼ 4.57% GRUMA 287.07 ▼ 0.56% KIMBER 38.37 ▲ 3.84% SQM-B 73,200 ▲ 1.74% COPEC 5,860 ▼ 0.02% BSANTANDER 74.00 ▲ 0.41% FALABELLA 6,065 ▼ 0.56% ENELAM 82.51 ▲ 9.58% CENCOSUD 2,116 ▼ 2.06% CMPC 1,041 ▼ 1.32% BANCO CHILE 180.01 ▼ 1.35% LATAM AIR 25.25 ▲ 0.52% YPF 76,425 ▲ 0.39% GGAL 8,260 ▼ 2.82% PAMPA 5,190 ▼ 0.57% TXAR 674.50 ▼ 0.88% ALUAR 1,000 ▼ 0.99% TGS 9,730 ▲ 2.21% CEPU 2,393 ▲ 1.36% MIRGOR 16,850 ▲ 0.15% COME 45.48 ▼ 0.70% LOMA NEGRA 3,550 ▼ 0.91% BYMA 318.00 ▼ 2.00% TELECOM ARG 4,165 ▼ 0.77% ECOPETROL 16.58 ▲ 5.81% BANCOLOMBIA 81.45 ▲ 1.89% GRUPO AVAL 5.75 ▲ 3.05% CREDICORP 382.76 ▼ 1.08% SOUTHERN COPPER 192.93 ▲ 0.65% BUENAVENTURA 32.58 ▼ 4.85% MERCADOLIBRE 1,635 ▲ 0.20% NUBANK 12.71 ▼ 1.40% XP 15.30 ▼ 0.78% PAGSEGURO 8.82 ▼ 1.01% STONE 10.59 ▼ 1.67% GLOBANT 30.74 ▼ 11.18% TECNOGLASS 45.97 ▲ 1.86% GAP AIRPORT 254.31 ▲ 2.30% ASUR 308.21 ▲ 2.26% OMA AIRPORT 114.00 ▲ 2.21% AMX ADR 26.46 ▲ 0.04% FEMSA ADR 126.47 ▲ 0.72% CEMEX ADR 12.73 ▲ 1.03% PETROBRAS ADR 16.75 ▼ 0.24% VALE ADR 15.42 ▼ 0.71% ITAU ADR 7.79 ▼ 2.26% SANTANDER BR 5.20 ▼ 3.17% AMBEV ADR 3.12 ▼ 0.64% CSN 1.03 ▼ 8.04% GERDAU 4.17 ▼ 7.13% LATAM ADR 55.85 ▲ 2.40% BTC 64,686 ▲ 2.29% ETH 1,771 ▲ 3.91% SOL 74.33 ▲ 2.64% XRP 1.15 ▲ 2.17% BNB 597.24 ▲ 2.31% ADA 0.16 ▲ 3.43% DOGE 0.08 ▲ 2.60% AVAX 6.37 ▲ 4.32% LINK 8.08 ▲ 3.96% DOT 0.97 ▲ 3.18% LTC 45.24 ▲ 1.80% BCH 201.00 ▲ 3.18% TRX 0.33 ▲ 1.20% XLM 0.21 ▲ 1.73% HBAR 0.08 ▲ 2.09% NEAR 2.17 ▲ 3.20% ATOM 1.83 ▲ 4.16% AAVE 76.64 ▲ 3.66% SELIC 14.25% EMBRAER 79.20 ▲ 0.41% EMBRAER ADR 60.70 ▼ 0.99% JBS 11.93 ▼ 2.37% JBS BDR 59.52 ▼ 3.72% MBRF3 15.28 ▼ 1.10% MBRFY 2.96 — 0.00% INTER 5.44 ▼ 2.16% EGX 52,581 ▼ 0.19% USD/ZAR 16.41 ▲ 0.12% USD/NGN 1,358 — 0.00% NIKKEI 72,354 ▲ 1.55% CSI300 5,060 ▲ 2.39% HSI 23,769 ▼ 0.65% NIFTY 24,103 ▲ 0.37% KOSPI 9,115 ▲ 0.69% JCI 6,117 ▼ 0.98% USD/JPY 161.73 ▲ 0.28% USD/CNY 6.7639 ▼ 0.06% DAX 24,948 ▼ 0.15% CAC 8,381 ▼ 0.47% FTSE 10,403 ▲ 0.38% MIB 52,598 ▼ 0.48% IBEX 19,446 ▲ 0.51% STOXX 636.15 ▲ 0.08% EUR/USD 1.1456 ▼ 0.11% GBP/USD 1.3238 ▲ 0.01% SPX 7,501 ▲ 1.08% DJI 51,565 ▲ 0.14% NDX 30,406 ▲ 2.48% RUT 2,980 ▲ 2.12% TSX 34,857 ▼ 0.32% VIX 17.35 ▲ 3.40% USD/CAD 1.4176 ▲ 0.19% US10Y 4.4510 — 0.00%
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Brazil Politics - Brazil

Ideological Alliances: Milei Welcomes Bolsonaro

By · December 9, 2023 · 2 min read

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Former Brazilian President Jair Bolsonaro’s recent trip to Argentina to meet Javier Milei marked a significant political event.

He arrived to witness the inauguration of the libertarian President-elect.

Bolsonaro chose the Hotel Libertador in Buenos Aires for his stay, accompanied by his son Eduardo and other legislators.

This location is notable as Milei’s campaign hub and current office. During his visit, Bolsonaro engaged in important discussions with Milei.

They focused on Argentina’s economic situation, which Bolsonaro assessed as being more critical than Brazil’s.

He expressed confidence in Milei’s capabilities to assemble a strong team to improve Argentina’s economy.

Ideological Alliances: Milei Welcomes Bolsonaro. (Photo Internet reproduction)
Ideological Alliances: Milei Welcomes Bolsonaro. (Photo Internet reproduction)
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The presence of Patricia Bullrich, a prominent political figure, underscored the meeting’s significance.

Additionally, Bolsonaro’s meeting with former Argentine President Mauricio Macri highlighted their ideological connections.

This interaction symbolized a unity of right-wing ideologies in the region. Bolsonaro’s trip is seen as an important gesture of regional solidarity.

It points to possible future collaborations between Argentina and Brazil, particularly within the Mercosur trade bloc.

Notably, Bolsonaro refrained from commenting on Brazilian President Luiz Inácio Lula da Silva’s absence from Milei’s inauguration.

Instead, Lula’s government was represented by Foreign Minister Mauro Vieira.

Background

South America’s political landscape is sharply divided, with Brazil’s Lula representing the left and Argentina’s Milei, like Brazil’s Bolsonaro, embodying the right.

Lula and Argentina’s Fernández share ideologies, contrasting Milei’s right-wing rise.

Bolsonaro’s backing of Milei symbolizes a growing right-wing alliance, challenging the region’s left-leaning dominance.

Milei’s ascent reflects a shift away from the policies of left-wing governments like those of Lula and Fernández.

Lula and Fernández’s partnership focuses on regional integration, opposing Bolsonaro and Milei’s market-centric approach.

This ideological split influences Mercosur’s dynamics, hinting at complex future interactions within the bloc.

The divide between leaders like Lula and Bolsonaro mirrors Argentina’s political scene with Fernández and Milei.

These alignments impact South American politics, shaping economic and foreign policies.

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