IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL5.08▲ 0.06% USD/MXN17.38▼ 0.29% USD/CLP924.93▼ 0.18% USD/COP3,222▼ 0.42% USD/PEN3.39▼ 0.14% USD/ARS1,476▲ 0.34% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP58.11▼ 0.33% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES723.93▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.46▼ 0.03% USD/TTD6.76▲ 1.32% EUR/BRL5.82▼ 0.61% BRENT 85.25 ▲ 0.61% WTI 79.98 ▲ 0.81% IRON ORE 161.91 — — COPPER 6.39 ▲ 0.90% GOLD 4,062 ▲ 0.02% SILVER 58.06 ▼ 1.21% SOY 1,204 ▼ 0.25% CORN 470.25 ▲ 8.41% WHEAT 679.25 ▲ 7.60% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.56 ▲ 0.74% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 176.96 ▼ 1.69% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 671.00 ▲ 1.36% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,613 ▲ 2.26% BYMA 304.00 ▲ 1.00% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,610 ▼ 0.53% ETH 1,915 ▲ 1.38% SOL 77.08 ▼ 0.88% XRP 1.11 ▲ 0.03% BNB 580.44 ▼ 0.23% ADA 0.16 ▼ 0.26% DOGE 0.07 ▼ 0.78% AVAX 6.70 ▲ 0.04% LINK 8.52 ▲ 2.17% DOT 0.85 ▼ 0.79% LTC 45.15 ▼ 0.63% BCH 221.05 ▼ 6.53% TRX 0.32 ▼ 0.45% XLM 0.19 ▲ 2.57% HBAR 0.07 ▲ 1.06% NEAR 2.07 ▲ 2.93% ATOM 1.55 ▼ 0.58% AAVE 95.95 ▼ 2.97% SELIC 14.25% EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40% EGX 52,558 ▲ 0.50% USD/ZAR16.32▼ 0.34% USD/NGN 1,379 — 0.00% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,079 ▲ 0.11% KOSPI 7,284 ▲ 6.24% JCI 6,042 ▲ 0.04% USD/JPY162.08▼ 0.10% USD/CNY 6.7579 — 0.00% DAX 25,000 ▼ 0.59% CAC 8,382 ▲ 0.19% FTSE 10,516 ▼ 0.13% MIB 52,411 ▼ 0.85% IBEX 19,276 ▼ 0.42% STOXX 642.71 ▲ 0.10% EUR/USD1.15▲ 0.49% GBP/USD1.35▲ 1.44% SPX 7,572 ▲ 0.38% DJI 52,659 ▲ 0.29% NDX 29,503 ▼ 0.28% RUT 2,976 ▲ 0.39% TSX 35,416 ▲ 0.27% VIX 15.67 ▼ 5.03% USD/CAD 1.4037 — 0.00% US10Y 4.5450 ▼ 0.87% IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL 5.08 ▲ 0.06% USD/MXN 17.38 ▼ 0.29% USD/CLP 924.93 ▼ 0.18% USD/COP 3,222 ▼ 0.42% USD/PEN 3.39 ▼ 0.14% USD/ARS 1,476 ▲ 0.34% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.11 ▼ 0.33% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 723.93 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.46 ▼ 0.03% USD/TTD 6.76 ▲ 1.32% EUR/BRL 5.82 ▼ 0.61% BRENT 85.25 ▲ 0.61% WTI 79.98 ▲ 0.81% IRON ORE 161.91 — — COPPER 6.39 ▲ 0.90% GOLD 4,062 ▲ 0.02% SILVER 58.06 ▼ 1.21% SOY 1,204 ▼ 0.25% CORN 470.25 ▲ 8.41% WHEAT 679.25 ▲ 7.60% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.56 ▲ 0.74% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 176.96 ▼ 1.69% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 671.00 ▲ 1.36% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,613 ▲ 2.26% BYMA 304.00 ▲ 1.00% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,610 ▼ 0.53% ETH 1,915 ▲ 1.38% SOL 77.08 ▼ 0.88% XRP 1.11 ▲ 0.03% BNB 580.44 ▼ 0.23% ADA 0.16 ▼ 0.26% DOGE 0.07 ▼ 0.78% AVAX 6.70 ▲ 0.04% LINK 8.52 ▲ 2.17% DOT 0.85 ▼ 0.79% LTC 45.15 ▼ 0.63% BCH 221.05 ▼ 6.53% TRX 0.32 ▼ 0.45% XLM 0.19 ▲ 2.57% HBAR 0.07 ▲ 1.06% NEAR 2.07 ▲ 2.93% ATOM 1.55 ▼ 0.58% AAVE 95.95 ▼ 2.97% SELIC 14.25% EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40% EGX 52,558 ▲ 0.50% USD/ZAR 16.32 ▲ 0.18% USD/NGN 1,379 — 0.00% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,079 ▲ 0.11% KOSPI 7,284 ▲ 6.24% JCI 6,042 ▲ 0.04% USD/JPY 162.06 ▼ 0.05% USD/CNY 6.7579 — 0.00% DAX 25,000 ▼ 0.59% CAC 8,382 ▲ 0.19% FTSE 10,516 ▼ 0.13% MIB 52,411 ▼ 0.85% IBEX 19,276 ▼ 0.42% STOXX 642.71 ▲ 0.10% EUR/USD 1.1473 ▲ 0.04% GBP/USD 1.3539 ▲ 0.01% SPX 7,572 ▲ 0.38% DJI 52,659 ▲ 0.29% NDX 29,503 ▼ 0.28% RUT 2,976 ▲ 0.39% TSX 35,416 ▲ 0.27% VIX 15.67 ▼ 5.03% USD/CAD 1.4037 — 0.00% US10Y 4.5450 ▼ 0.87%
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Latin America Quarantine: Between Soup Kitchens and Looting

By · April 2, 2020 · 3 min read

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RIO DE JANEIRO, BRAZIL – In most Latin American countries there was looting in the first week of quarantine. Uruguay is an exception, with unions, grassroots committees, football clubs, and neighborhood associations organizing soup kitchens across the country.

In Chile, isolated groups raided stores, but so far only a few exceptions have been reported.
In Chile, isolated groups raided stores, but so far only a few instances have been reported. (Photo: internet reproduction)
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In Colombia‘s La Guajira province several supermarkets have recently been looted. The police and the Esmad counter-insurgency unit protected stores, but caused panic among shoppers. Elsewhere, groups of people stopped food trucks and emptied them.

Many motorbike taxis, the most common means of transport in Colombia, helped with the actions. They are part of the country’s causal sector, which is a hand-to-mouth existence throughout Latin America and accounts for more than 50 percent of the working population.

Those who depend on “making money” each day with some kind of job on the streets are affected by the quarantine. For them, there is neither unemployment insurance nor health protection.

On the Colombian side of the border with Venezuela, there were also riots and looting. Food trucks were emptied. A significant part of the population lives from smuggling and from buying and selling subsidized Venezuelan products on Colombian soil. The border closures have affected these people severely.

In Peru, panic broke out in a number of supermarkets when the police tried to arrest alleged looters among the stockpilers.

Mexico is particularly affected by organized raids. However, according to official statements, these attacks do not involve the appropriation of food or basic needs items.

Rather, groups of people gather through Whatsapp, and then collectively raid stores with expensive electronics or household appliances. Televisions and microwaves are particularly popular. They schedule the meeting place through cell phones, inspect the place and then storm the stores.

“This is a group of people who are taking advantage of the exceptional situation of the coronavirus quarantine to obtain high-value goods”, said the spokesperson for the Ministry of the Interior. “In none of these cases were food or medicines sought”.

No attacks of this kind have yet been reported from Uruguay. The country is an example of human solidarity. Soup kitchens are springing up like mushrooms everywhere.
No attacks of this kind have yet been reported from Uruguay. The country is an example of human solidarity. Soup kitchens are springing up like mushrooms everywhere. (Photo: internet reproduction)

In Chile, isolated groups raided stores, but so far only a few instances have been reported. Since the start of quarantine, the country has been plagued by a different kind of looting, which mainly affects the socially disadvantaged classes: Some companies are massively increasing the price of goods like food, toiletries, and particularly protective masks.

They are speculating on need and on the fear of infection. In Parliament, the issue led to the accusation that President Sebastian Piñeira was too slow and too stingy in his approach to social aid for the needy. The privatized health service is out of reach for this section of the population, and the coronavirus test, for instance, costs the unaffordable equivalent of 30  euros.

No attacks of this kind have yet been reported from Uruguay. The country is an example of human solidarity. Soup kitchens are springing up like mushrooms everywhere.

The trade union federation PIT-CNT, basic committees of the left-wing party Frente Amplio, sports clubs, neighborhood associations, even store and pub owners joined forces to cover the country with a network of soup kitchens within a few days.

In Montevideo alone, there are more than 20 such improvised establishments. There is experience because, during the harsh economic crisis of 2002, Uruguayans organized a similar wave of solidarity, particularly in the impoverished districts.

“Nobody is starving here,” says a veteran and swings a large ladle of pasta, ground meat, vegetables, and tomato sauce to fill the plastic bowl of a woman with two small children. In fact, this is a deeply rooted cultural tradition. Local stores provide food, bakers and butchers make daily donations.

The town halls in Montevideo’s administrative districts deliver basic foodstuffs to soup kitchens in trucks. Neighbors donate a kilo of rice, a packet of pasta or a cleaning agent. Everything here is helpful.

PIT-CNT General Secretary Marcelo Abdala said that the unions will carry crates of food to the neighborhoods where they are needed.

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