IBOV 174,851.94 ▲ 0.47% IPSA 11,012.15 ▲ 0.56% IPC MEX 66,383.68 ▲ 0.21% MERVAL 3,297,106 ▲ 0.40% COLCAP 2,272.41 ▼ 0.09% BVL PERÚ 57,237.60 — — USD/BRL5.11▲ 0.49% USD/MXN17.45▼ 0.21% USD/CLP940.09▼ 0.93% USD/COP3,191▼ 0.79% USD/PEN3.40▼ 0.12% USD/ARS 1,497 — 0.00% USD/UYU40.15▲ 0.03% USD/PYG6,020▼ 0.02% USD/BOB11.32▲ 1.25% USD/DOP58.00▲ 0.02% USD/CRC449.99▲ 0.18% USD/GTQ7.62▼ 0.09% USD/HNL26.75▲ 0.02% USD/NIO 36.62 — 0.00% USD/VES740.37▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.11▼ 0.23% USD/TTD6.75▲ 0.59% EUR/BRL5.81▲ 0.43% BRENT 88.03 ▼ 9.04% WTI 82.27 ▼ 7.88% IRON ORE 161.91 — — COPPER 6.40 ▲ 1.28% GOLD 4,082 ▲ 0.35% SILVER 58.73 ▲ 0.12% SOY 1,212 ▼ 2.92% CORN 473.25 ▲ 1.94% WHEAT 658.00 ▼ 2.95% COFFEE 323.05 ▲ 2.95% SUGAR 14.56 ▼ 1.42% ORANGE JUICE 141.40 ▼ 0.25% COTTON 80.85 ▲ 2.93% COCOA 5,156 ▼ 4.09% BEEF 218.30 ▼ 3.86% CATTLE 331.28 ▼ 4.07% LITHIUM 68.49 ▲ 1.00% PETR4 40.96 ▼ 2.96% VALE3 75.40 ▲ 0.21% ITUB4 42.54 ▲ 1.05% BBDC4 18.74 ▲ 1.41% ABEV3 15.78 ▲ 0.90% BBAS3 20.56 ▲ 1.03% B3SA3 15.75 ▲ 2.01% WEGE3 45.96 ▼ 0.07% PRIO3 55.82 ▼ 5.10% SUZB3 41.85 ▲ 0.02% RENT3 37.58 ▲ 1.87% AZZA3 17.13 ▲ 2.88% CSAN3 3.92 ▲ 3.16% RAIZ4 0.25 ▼ 3.85% PCAR3 2.77 ▼ 0.72% GMAT3 3.85 ▲ 1.58% PSSA3 54.42 ▼ 0.66% CVCB3 1.35 ▲ 0.75% POSI3 3.60 ▲ 1.41% SLCE3 13.43 ▼ 1.54% NATU3 8.55 ▲ 2.03% BRKM5 6.12 ▲ 0.33% RANI3 7.95 — 0.00% CSNA3 5.68 ▲ 5.97% CMIN3 5.73 ▲ 0.70% USIM5 8.61 ▲ 1.53% GGBR4 24.47 ▲ 0.87% ENEV3 25.41 ▲ 2.05% CPFE3 44.77 ▼ 0.71% CMIG4 11.13 ▲ 1.37% EQTL3 38.69 ▲ 0.91% LREN3 13.72 ▲ 3.39% VIVT3 36.09 ▲ 2.20% RAIL3 13.74 ▲ 1.25% KLABIN 17.73 ▲ 1.20% RAIA DROGASIL 18.28 ▲ 1.67% RDOR3 33.69 ▲ 0.93% HAPV3 10.27 ▲ 3.53% FLRY3 16.53 ▲ 1.66% SMTO3 14.67 ▼ 2.52% UGPA3 32.14 ▼ 1.74% VBBR3 34.32 ▼ 2.22% BBSE3 40.62 ▼ 2.10% BPAC11 55.58 ▲ 1.66% CURY3 30.48 ▲ 3.85% AERI3 2.05 ▲ 0.49% VIVARA 22.03 ▲ 2.85% COMPASS 25.20 ▲ 1.78% VAMOS 3.16 ▲ 0.32% SANB11 27.18 ▲ 3.19% ASAI3 8.08 ▲ 2.93% SBSP3 28.73 ▲ 1.23% WALMEX 48.47 ▲ 0.81% GMEXICO 208.41 ▲ 0.55% FEMSA 230.31 ▲ 3.74% CEMEX 21.25 ▲ 0.52% GFNORTE 195.57 ▲ 1.72% BIMBO 59.25 ▲ 1.61% TELEVISA 9.92 ▲ 1.12% AMX 22.52 ▼ 1.27% GAP 376.17 ▼ 0.23% ASUR 271.83 ▲ 1.52% OMA 228.23 ▲ 0.92% KOF 188.28 ▲ 4.95% GRUMA 268.78 ▲ 0.34% KIMBER 39.79 ▲ 0.38% SQM-B 64,589 ▼ 1.16% COPEC 6,286 ▼ 0.70% BSANTANDER 81.00 ▲ 2.12% FALABELLA 6,169 ▲ 2.98% ENELAM 85.89 ▲ 0.47% CENCOSUD 1,930 ▼ 1.44% CMPC 1,036 ▲ 1.05% BANCO CHILE 194.00 ▲ 0.47% LATAM AIR 24.51 ▲ 2.64% YPF 81,100 ▼ 1.10% GGAL 7,935 ▲ 0.57% PAMPA 5,470 ▼ 0.82% TXAR 664.50 ▼ 1.41% ALUAR 974.00 ▲ 0.21% TGS 9,700 ▼ 0.67% CEPU 2,369 ▲ 0.17% MIRGOR 16,500 ▼ 0.15% COME 42.70 ▲ 0.68% LOMA NEGRA 3,690 ▲ 2.22% BYMA 301.75 ▲ 0.42% TELECOM ARG 4,450 ▲ 1.60% ECOPETROL 15.72 ▼ 1.81% BANCOLOMBIA 87.84 ▲ 2.13% GRUPO AVAL 4.80 ▲ 0.42% CREDICORP 389.41 ▲ 0.25% SOUTHERN COPPER 177.87 ▼ 0.79% BUENAVENTURA 31.37 ▲ 1.49% MERCADOLIBRE 1,833 ▲ 1.78% NUBANK 14.49 ▲ 2.84% XP 16.69 ▼ 0.03% PAGSEGURO 9.36 ▲ 1.74% STONE 10.91 ▲ 1.39% GLOBANT 33.28 ▲ 6.33% TECNOGLASS 45.12 ▼ 0.41% GAP AIRPORT 215.47 ▼ 0.38% ASUR 271.83 ▲ 1.52% OMA AIRPORT 104.69 ▲ 1.22% AMX ADR 25.75 ▼ 1.00% FEMSA ADR 131.92 ▲ 3.78% CEMEX ADR 12.14 ▲ 0.66% PETROBRAS ADR 18.09 ▼ 3.62% VALE ADR 14.72 ▼ 0.51% ITAU ADR 8.33 ▲ 0.57% SANTANDER BR 5.44 ▲ 2.64% AMBEV ADR 3.07 ▲ 0.16% CSN 1.11 ▲ 3.02% GERDAU 4.81 — 0.00% LATAM ADR 52.30 ▲ 4.29% BTC 64,902 ▼ 0.67% ETH 1,948 ▼ 0.30% SOL 75.82 ▼ 1.02% XRP 1.09 ▼ 1.87% BNB 574.70 ▲ 0.03% ADA 0.16 ▼ 3.93% DOGE 0.07 ▼ 1.85% AVAX 6.60 ▼ 2.00% LINK 8.63 ▼ 2.06% DOT 0.79 ▼ 4.00% LTC 46.47 ▼ 2.77% BCH 215.50 ▼ 0.61% TRX 0.33 ▼ 1.27% XLM 0.18 ▼ 3.07% HBAR 0.07 ▼ 1.79% NEAR 1.74 ▼ 5.38% ATOM 1.35 ▼ 3.18% AAVE 99.36 ▼ 2.12% SELIC 14.25% EMBRAER 86.60 ▲ 4.97% EMBRAER ADR 67.85 ▲ 4.50% JBS 13.57 ▲ 10.50% JBS BDR 69.22 ▲ 11.57% MBRF3 15.84 ▲ 6.74% MBRFY 3.03 ▲ 3.06% INTER 5.54 ▲ 4.63% EGX 53,634 ▲ 0.40% USD/ZAR16.76▼ 0.47% USD/NGN1,361▼ 0.31% NIKKEI 64,931 ▲ 0.50% CSI300 4,702 ▲ 1.15% HSI 25,207 ▲ 0.98% NIFTY 23,996 ▲ 0.96% KOSPI 6,756 ▲ 0.97% JCI 6,186 ▼ 0.17% USD/JPY163.74▲ 0.07% USD/CNY6.75▼ 0.26% DAX 25,361 ▲ 1.04% CAC 8,406 ▲ 0.40% FTSE 10,782 ▲ 0.42% MIB 52,055 ▲ 0.49% IBEX 19,741 ▲ 0.80% STOXX 644.62 ▲ 0.02% EUR/USD1.14▼ 0.19% GBP/USD1.33▼ 0.34% SPX 7,415 ▲ 0.04% DJI 52,179 ▲ 0.45% NDX 28,035 ▼ 0.33% RUT 2,941 ▲ 0.37% TSX 35,485 ▲ 0.33% VIX 19.28 ▲ 3.77% USD/CAD1.41▲ 0.28% US10Y 4.6430 ▼ 0.77% IBOV 174,851.94 ▲ 0.47% IPSA 11,012.15 ▲ 0.56% IPC MEX 66,383.68 ▲ 0.21% MERVAL 3,297,106 ▲ 0.40% COLCAP 2,272.41 ▼ 0.09% BVL PERÚ 57,237.60 — — USD/BRL 5.11 ▲ 0.49% USD/MXN 17.45 ▼ 0.21% USD/CLP 940.09 ▼ 0.93% USD/COP 3,191 ▼ 0.79% USD/PEN 3.40 ▼ 0.12% USD/ARS 1,497 — 0.00% USD/UYU 40.15 ▲ 0.03% USD/PYG 6,020 ▼ 0.02% USD/BOB 11.32 ▲ 1.25% USD/DOP 58.00 ▲ 0.02% USD/CRC 449.99 ▲ 0.18% USD/GTQ 7.62 ▼ 0.09% USD/HNL 26.75 ▲ 0.02% USD/NIO 36.62 — 0.00% USD/VES 740.37 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.11 ▼ 0.03% USD/TTD 6.75 ▲ 1.28% EUR/BRL 5.81 ▲ 0.43% BRENT 88.03 ▼ 9.04% WTI 82.27 ▼ 7.88% IRON ORE 161.91 — — COPPER 6.40 ▲ 1.28% GOLD 4,082 ▲ 0.35% SILVER 58.73 ▲ 0.12% SOY 1,212 ▼ 2.92% CORN 473.25 ▲ 1.94% WHEAT 658.00 ▼ 2.95% COFFEE 323.05 ▲ 2.95% SUGAR 14.56 ▼ 1.42% ORANGE JUICE 141.40 ▼ 0.25% COTTON 80.85 ▲ 2.93% COCOA 5,156 ▼ 4.09% BEEF 218.30 ▼ 3.86% CATTLE 331.28 ▼ 4.07% LITHIUM 68.49 ▲ 1.00% PETR4 40.96 ▼ 2.96% VALE3 75.40 ▲ 0.21% ITUB4 42.54 ▲ 1.05% BBDC4 18.74 ▲ 1.41% ABEV3 15.78 ▲ 0.90% BBAS3 20.56 ▲ 1.03% B3SA3 15.75 ▲ 2.01% WEGE3 45.96 ▼ 0.07% PRIO3 55.82 ▼ 5.10% SUZB3 41.85 ▲ 0.02% RENT3 37.58 ▲ 1.87% AZZA3 17.13 ▲ 2.88% CSAN3 3.92 ▲ 3.16% RAIZ4 0.25 ▼ 3.85% PCAR3 2.77 ▼ 0.72% GMAT3 3.85 ▲ 1.58% PSSA3 54.42 ▼ 0.66% CVCB3 1.35 ▲ 0.75% POSI3 3.60 ▲ 1.41% SLCE3 13.43 ▼ 1.54% NATU3 8.55 ▲ 2.03% BRKM5 6.12 ▲ 0.33% RANI3 7.95 — 0.00% CSNA3 5.68 ▲ 5.97% CMIN3 5.73 ▲ 0.70% USIM5 8.61 ▲ 1.53% GGBR4 24.47 ▲ 0.87% ENEV3 25.41 ▲ 2.05% CPFE3 44.77 ▼ 0.71% CMIG4 11.13 ▲ 1.37% EQTL3 38.69 ▲ 0.91% LREN3 13.72 ▲ 3.39% VIVT3 36.09 ▲ 2.20% RAIL3 13.74 ▲ 1.25% KLABIN 17.73 ▲ 1.20% RAIA DROGASIL 18.28 ▲ 1.67% RDOR3 33.69 ▲ 0.93% HAPV3 10.27 ▲ 3.53% FLRY3 16.53 ▲ 1.66% SMTO3 14.67 ▼ 2.52% UGPA3 32.14 ▼ 1.74% VBBR3 34.32 ▼ 2.22% BBSE3 40.62 ▼ 2.10% BPAC11 55.58 ▲ 1.66% CURY3 30.48 ▲ 3.85% AERI3 2.05 ▲ 0.49% VIVARA 22.03 ▲ 2.85% COMPASS 25.20 ▲ 1.78% VAMOS 3.16 ▲ 0.32% SANB11 27.18 ▲ 3.19% ASAI3 8.08 ▲ 2.93% SBSP3 28.73 ▲ 1.23% WALMEX 48.47 ▲ 0.81% GMEXICO 208.41 ▲ 0.55% FEMSA 230.31 ▲ 3.74% CEMEX 21.25 ▲ 0.52% GFNORTE 195.57 ▲ 1.72% BIMBO 59.25 ▲ 1.61% TELEVISA 9.92 ▲ 1.12% AMX 22.52 ▼ 1.27% GAP 376.17 ▼ 0.23% ASUR 271.83 ▲ 1.52% OMA 228.23 ▲ 0.92% KOF 188.28 ▲ 4.95% GRUMA 268.78 ▲ 0.34% KIMBER 39.79 ▲ 0.38% SQM-B 64,589 ▼ 1.16% COPEC 6,286 ▼ 0.70% BSANTANDER 81.00 ▲ 2.12% FALABELLA 6,169 ▲ 2.98% ENELAM 85.89 ▲ 0.47% CENCOSUD 1,930 ▼ 1.44% CMPC 1,036 ▲ 1.05% BANCO CHILE 194.00 ▲ 0.47% LATAM AIR 24.51 ▲ 2.64% YPF 81,100 ▼ 1.10% GGAL 7,935 ▲ 0.57% PAMPA 5,470 ▼ 0.82% TXAR 664.50 ▼ 1.41% ALUAR 974.00 ▲ 0.21% TGS 9,700 ▼ 0.67% CEPU 2,369 ▲ 0.17% MIRGOR 16,500 ▼ 0.15% COME 42.70 ▲ 0.68% LOMA NEGRA 3,690 ▲ 2.22% BYMA 301.75 ▲ 0.42% TELECOM ARG 4,450 ▲ 1.60% ECOPETROL 15.72 ▼ 1.81% BANCOLOMBIA 87.84 ▲ 2.13% GRUPO AVAL 4.80 ▲ 0.42% CREDICORP 389.41 ▲ 0.25% SOUTHERN COPPER 177.87 ▼ 0.79% BUENAVENTURA 31.37 ▲ 1.49% MERCADOLIBRE 1,833 ▲ 1.78% NUBANK 14.49 ▲ 2.84% XP 16.69 ▼ 0.03% PAGSEGURO 9.36 ▲ 1.74% STONE 10.91 ▲ 1.39% GLOBANT 33.28 ▲ 6.33% TECNOGLASS 45.12 ▼ 0.41% GAP AIRPORT 215.47 ▼ 0.38% ASUR 271.83 ▲ 1.52% OMA AIRPORT 104.69 ▲ 1.22% AMX ADR 25.75 ▼ 1.00% FEMSA ADR 131.92 ▲ 3.78% CEMEX ADR 12.14 ▲ 0.66% PETROBRAS ADR 18.09 ▼ 3.62% VALE ADR 14.72 ▼ 0.51% ITAU ADR 8.33 ▲ 0.57% SANTANDER BR 5.44 ▲ 2.64% AMBEV ADR 3.07 ▲ 0.16% CSN 1.11 ▲ 3.02% GERDAU 4.81 — 0.00% LATAM ADR 52.30 ▲ 4.29% BTC 64,902 ▼ 0.67% ETH 1,948 ▼ 0.30% SOL 75.82 ▼ 1.02% XRP 1.09 ▼ 1.87% BNB 574.70 ▲ 0.03% ADA 0.16 ▼ 3.93% DOGE 0.07 ▼ 1.85% AVAX 6.60 ▼ 2.00% LINK 8.63 ▼ 2.06% DOT 0.79 ▼ 4.00% LTC 46.47 ▼ 2.77% BCH 215.50 ▼ 0.61% TRX 0.33 ▼ 1.27% XLM 0.18 ▼ 3.07% HBAR 0.07 ▼ 1.79% NEAR 1.74 ▼ 5.38% ATOM 1.35 ▼ 3.18% AAVE 99.36 ▼ 2.12% SELIC 14.25% EMBRAER 86.60 ▲ 4.97% EMBRAER ADR 67.85 ▲ 4.50% JBS 13.57 ▲ 10.50% JBS BDR 69.22 ▲ 11.57% MBRF3 15.84 ▲ 6.74% MBRFY 3.03 ▲ 3.06% INTER 5.54 ▲ 4.63% EGX 53,634 ▲ 0.40% USD/ZAR 16.76 ▼ 0.36% USD/NGN 1,361 ▼ 0.15% NIKKEI 64,931 ▲ 0.50% CSI300 4,702 ▲ 1.15% HSI 25,207 ▲ 0.98% NIFTY 23,996 ▲ 0.96% KOSPI 6,756 ▲ 0.97% JCI 6,186 ▼ 0.17% USD/JPY 163.75 ▼ 0.03% USD/CNY 6.7544 ▼ 0.25% DAX 25,361 ▲ 1.04% CAC 8,406 ▲ 0.40% FTSE 10,782 ▲ 0.42% MIB 52,055 ▲ 0.49% IBEX 19,741 ▲ 0.80% STOXX 644.62 ▲ 0.02% EUR/USD 1.1373 ▼ 0.02% GBP/USD 1.3290 ▼ 0.22% SPX 7,415 ▲ 0.04% DJI 52,179 ▲ 0.45% NDX 28,035 ▼ 0.33% RUT 2,941 ▲ 0.37% TSX 35,485 ▲ 0.33% VIX 19.28 ▲ 3.77% USD/CAD 1.4123 ▲ 0.22% US10Y 4.6430 ▼ 0.77%
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Politics - Brazil Venezuela

Lula’s Party Endorses Maduro’s Contested Victory in São Paulo Forum Document

By · October 17, 2024 · 2 min read

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Lula’s Workers’ Party (PT) of Brazil has signed a document from the São Paulo Forum acknowledging Nicolás Maduro’s victory in Venezuela’s recent presidential election. The document, spanning seven pages, offers a critique of right-wing governments in Latin America and addresses various regional issues.

The Venezuelan election, held in July, concluded with Maduro declared the winner by the country’s National Electoral Council. Maduro reportedly secured 51% of the votes, while his opponent, Edmundo González, received 44%. However, the opposition has presented evidence suggesting González’s victory, but the regime has not released its official tally sheets.

The São Paulo Forum, an organization of left-wing parties from Latin America and the Caribbean, produced this resolution during a meeting in Mexico on September 29. The gathering took place just before the inauguration of Mexico’s new president, Cláudia Sheinbaum, which Brazilian President Lula da Silva attended.

Lula's Party Endorses Maduro's Contested Victory in São Paulo Forum Document
Lula’s Party Endorses Maduro’s Contested Victory in São Paulo Forum Document. (Photo Internet reproduction)
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The document criticizes right-wing governments in Latin America, including those of Luis Lacalle Pou in Uruguay, Javier Milei in Argentina, and Daniel Noboa in Ecuador. It also condemns what it terms Israel’s actions in Palestine and Lebanon, increased U.S. military presence in the region, and the rise of far-right movements in Europe.

The resolution emphasizes the need for democratic political forces in Latin American countries, citing threats from right-wing extremism, neo-fascism, and imperialism. It calls for unity among democratic, progressive, and revolutionary forces to promote peace, sovereign integration, and social justice in the region.

Lula’s Party Endorses Maduro’s Contested Victory in São Paulo Forum Document

Regarding Brazil, the document accuses the right-wing opposition of hindering the progress of the PT government. It claims that the current administration has successfully addressed hunger issues, promoted economic growth, and improved income distribution.

Ana Prestes, international relations secretary of the Communist Party of Brazil, stated that the Brazilian government’s position on Venezuela needs clarification. She asserted that there is no evidence proving Maduro lost the election.

However, some PT members have criticized the party’s endorsement of the document. Federal Deputy Reginaldo Lopes expressed that this stance is disconnected from the views of Lula and most PT supporters, adding that Maduro’s position creates embarrassment for Latin America.

The document and its endorsement by PT have sparked debate about the party’s international stance and its implications for Brazil’s foreign policy in the region.

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