IBOV 175,967 ▲ 0.13% IPSA 10,928 ▲ 0.16% IPC MEX 66,689 ▲ 1.08% MERVAL 3,231,038 ▼ 0.13% COLCAP 2,292.84 ▼ 0.64% BVL PERÚ 56,428.20 ▲ 1.53% USD/BRL5.07▼ 1.23% USD/MXN17.43▼ 0.58% USD/CLP924.91▼ 0.86% USD/COP3,250▼ 0.39% USD/PEN3.39▼ 0.66% USD/ARS1,473▼ 0.71% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.34▲ 0.44% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.25% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 0.43% BRENT 84.64 ▲ 1.61% WTI 79.13 ▲ 1.27% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.21% GOLD 4,069 ▲ 1.79% SILVER 59.13 ▲ 2.60% SOY 1,192 ▼ 0.81% CORN 460.75 ▲ 5.25% WHEAT 645.75 ▲ 2.99% COFFEE 324.55 ▼ 4.94% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.60 ▼ 1.37% COTTON 81.68 ▲ 2.32% COCOA 5,912 ▲ 3.79% BEEF 231.80 ▼ 1.25% CATTLE 348.85 ▼ 1.55% LITHIUM 71.24 ▲ 1.43% PETR4 40.56 ▼ 0.25% VALE3 74.06 ▲ 1.66% ITUB4 43.39 ▼ 0.30% BBDC4 18.50 ▼ 1.44% ABEV3 15.84 ▲ 0.06% BBAS3 20.50 ▲ 1.28% B3SA3 15.32 ▲ 1.32% WEGE3 44.22 ▼ 0.38% PRIO3 56.98 ▼ 0.38% SUZB3 41.37 ▼ 0.29% RENT3 40.39 ▲ 0.47% AZZA3 18.80 ▼ 2.19% CSAN3 3.88 ▼ 0.51% RAIZ4 0.31 ▼ 6.06% PCAR3 2.47 ▼ 4.63% GMAT3 3.95 ▲ 0.25% PSSA3 54.20 ▲ 0.30% CVCB3 1.33 ▲ 6.40% POSI3 3.93 ▼ 1.50% SLCE3 13.71 ▼ 1.15% NATU3 8.51 ▼ 1.05% BRKM5 6.65 ▼ 4.18% RANI3 8.02 ▲ 0.88% CSNA3 5.12 ▼ 2.29% CMIN3 5.15 ▼ 5.50% USIM5 8.26 ▼ 1.43% GGBR4 23.16 ▲ 1.49% ENEV3 26.77 ▼ 0.41% CPFE3 47.19 ▲ 0.75% CMIG4 11.11 ▲ 0.36% EQTL3 40.72 ▲ 1.27% LREN3 14.12 ▼ 0.21% VIVT3 35.43 ▲ 2.02% RAIL3 14.13 ▲ 0.14% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.32 ▲ 0.66% RDOR3 35.73 ▲ 0.48% HAPV3 10.64 ▲ 1.72% FLRY3 16.35 ▲ 1.24% SMTO3 16.19 ▼ 1.10% UGPA3 29.90 ▼ 3.33% VBBR3 32.82 ▲ 0.18% BBSE3 40.24 ▼ 0.10% BPAC11 57.70 ▲ 0.31% CURY3 32.67 ▼ 1.36% AERI3 2.08 — 0.00% VIVARA 23.31 ▲ 0.87% COMPASS 25.19 ▲ 1.70% VAMOS 3.05 ▲ 0.99% SANB11 27.28 ▼ 0.33% ASAI3 8.65 ▼ 0.69% SBSP3 30.35 ▼ 0.07% WALMEX 49.53 ▼ 0.24% GMEXICO 200.46 ▲ 2.49% FEMSA 233.44 ▲ 3.59% CEMEX 22.19 ▲ 1.88% GFNORTE 187.05 ▲ 2.74% BIMBO 56.61 ▲ 1.32% TELEVISA 9.47 ▼ 1.46% AMX 22.87 ▲ 1.24% GAP 389.89 ▼ 4.48% ASUR 278.64 ▼ 0.01% OMA 234.04 ▲ 0.31% KOF 181.82 ▲ 0.08% GRUMA 282.09 ▲ 0.26% KIMBER 38.40 ▲ 0.47% SQM-B 67,438 ▲ 0.34% COPEC 6,077 ▲ 0.33% BSANTANDER 78.86 ▲ 0.84% FALABELLA 5,916 ▲ 0.19% ENELAM 85.43 ▲ 1.46% CENCOSUD 2,044 ▲ 0.19% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.21 ▲ 1.74% LATAM AIR 24.88 ▼ 0.08% YPF 77,150 ▼ 0.03% GGAL 8,015 ▼ 0.80% PAMPA 5,185 ▼ 0.77% TXAR 661.00 ▼ 0.53% ALUAR 959.00 ▼ 0.57% TGS 9,695 ▲ 1.31% CEPU 2,313 ▼ 0.26% MIRGOR 16,825 ▼ 1.03% COME 45.15 ▲ 0.83% LOMA NEGRA 3,550 ▲ 1.50% BYMA 302.00 ▼ 2.03% TELECOM ARG 4,285 ▲ 0.82% ECOPETROL 16.02 ▲ 0.85% BANCOLOMBIA 81.33 ▲ 1.13% GRUPO AVAL 4.90 ▼ 0.20% CREDICORP 391.08 ▲ 0.48% SOUTHERN COPPER 179.98 ▲ 3.12% BUENAVENTURA 30.68 ▲ 2.88% MERCADOLIBRE 1,872 ▲ 0.25% NUBANK 14.03 ▲ 2.61% XP 16.79 ▲ 2.57% PAGSEGURO 9.24 ▼ 0.48% STONE 11.21 ▲ 0.54% GLOBANT 31.75 ▼ 1.15% TECNOGLASS 43.44 ▲ 1.40% GAP AIRPORT 223.72 ▼ 3.89% ASUR 278.64 ▼ 0.01% OMA AIRPORT 107.46 ▲ 1.26% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 133.99 ▲ 3.86% CEMEX ADR 12.75 ▲ 2.41% PETROBRAS ADR 17.90 ▲ 0.08% VALE ADR 14.57 ▲ 2.72% ITAU ADR 8.54 ▲ 0.80% SANTANDER BR 5.40 ▲ 0.84% AMBEV ADR 3.10 ▲ 1.14% CSN 1.02 ▼ 0.97% GERDAU 4.58 ▲ 2.00% LATAM ADR 53.72 ▲ 0.72% BTC 64,491 ▲ 3.62% ETH 1,868 ▲ 5.33% SOL 77.06 ▲ 2.94% XRP 1.10 ▲ 3.40% BNB 579.93 ▲ 2.35% ADA 0.16 ▲ 4.18% DOGE 0.07 ▲ 3.58% AVAX 6.64 ▲ 3.04% LINK 8.25 ▲ 4.77% DOT 0.85 ▲ 2.09% LTC 44.55 ▲ 2.44% BCH 236.91 ▲ 0.29% TRX 0.33 ▲ 0.39% XLM 0.18 ▲ 1.88% HBAR 0.07 ▲ 0.28% NEAR 2.04 ▲ 6.27% ATOM 1.55 ▲ 1.24% AAVE 99.20 ▲ 5.13% SELIC 14.25% EMBRAER 82.80 ▼ 0.25% EMBRAER ADR 65.28 ▲ 1.24% JBS 11.82 ▲ 0.13% JBS BDR 59.82 ▼ 1.30% MBRF3 16.09 ▲ 2.35% MBRFY 3.10 ▲ 1.64% INTER 5.68 ▲ 0.44% EGX 52,299 ▼ 0.59% USD/ZAR16.37▼ 0.64% USD/NGN1,381▲ 0.07% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY162.16▼ 0.17% USD/CNY6.76▼ 0.31% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD1.14▲ 0.41% GBP/USD1.34▼ 0.05% SPX 7,550 ▲ 0.46% DJI 52,471 ▼ 0.05% NDX 29,651 ▲ 1.32% RUT 2,964 ▲ 0.37% TSX 35,304 ▲ 0.14% VIX 16.45 ▼ 4.14% USD/CAD1.41▼ 0.61% US10Y 4.5850 ▼ 0.52% IBOV 175,967 ▲ 0.13% IPSA 10,928 ▲ 0.16% IPC MEX 66,689 ▲ 1.08% MERVAL 3,231,038 ▼ 0.13% COLCAP 2,292.84 ▼ 0.64% BVL PERÚ 56,428.20 ▲ 1.53% USD/BRL 5.07 ▼ 1.23% USD/MXN 17.43 ▼ 0.58% USD/CLP 924.91 ▼ 0.86% USD/COP 3,250 ▼ 0.39% USD/PEN 3.39 ▼ 0.66% USD/ARS 1,473 ▼ 0.71% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.34 ▲ 0.44% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.25% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 0.43% BRENT 84.64 ▲ 1.61% WTI 79.13 ▲ 1.27% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.21% GOLD 4,069 ▲ 1.79% SILVER 59.13 ▲ 2.60% SOY 1,192 ▼ 0.81% CORN 460.75 ▲ 5.25% WHEAT 645.75 ▲ 2.99% COFFEE 324.55 ▼ 4.94% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.60 ▼ 1.37% COTTON 81.68 ▲ 2.32% COCOA 5,912 ▲ 3.79% BEEF 231.80 ▼ 1.25% CATTLE 348.85 ▼ 1.55% LITHIUM 71.24 ▲ 1.43% PETR4 40.56 ▼ 0.25% VALE3 74.06 ▲ 1.66% ITUB4 43.39 ▼ 0.30% BBDC4 18.50 ▼ 1.44% ABEV3 15.84 ▲ 0.06% BBAS3 20.50 ▲ 1.28% B3SA3 15.32 ▲ 1.32% WEGE3 44.22 ▼ 0.38% PRIO3 56.98 ▼ 0.38% SUZB3 41.37 ▼ 0.29% RENT3 40.39 ▲ 0.47% AZZA3 18.80 ▼ 2.19% CSAN3 3.88 ▼ 0.51% RAIZ4 0.31 ▼ 6.06% PCAR3 2.47 ▼ 4.63% GMAT3 3.95 ▲ 0.25% PSSA3 54.20 ▲ 0.30% CVCB3 1.33 ▲ 6.40% POSI3 3.93 ▼ 1.50% SLCE3 13.71 ▼ 1.15% NATU3 8.51 ▼ 1.05% BRKM5 6.65 ▼ 4.18% RANI3 8.02 ▲ 0.88% CSNA3 5.12 ▼ 2.29% CMIN3 5.15 ▼ 5.50% USIM5 8.26 ▼ 1.43% GGBR4 23.16 ▲ 1.49% ENEV3 26.77 ▼ 0.41% CPFE3 47.19 ▲ 0.75% CMIG4 11.11 ▲ 0.36% EQTL3 40.72 ▲ 1.27% LREN3 14.12 ▼ 0.21% VIVT3 35.43 ▲ 2.02% RAIL3 14.13 ▲ 0.14% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.32 ▲ 0.66% RDOR3 35.73 ▲ 0.48% HAPV3 10.64 ▲ 1.72% FLRY3 16.35 ▲ 1.24% SMTO3 16.19 ▼ 1.10% UGPA3 29.90 ▼ 3.33% VBBR3 32.82 ▲ 0.18% BBSE3 40.24 ▼ 0.10% BPAC11 57.70 ▲ 0.31% CURY3 32.67 ▼ 1.36% AERI3 2.08 — 0.00% VIVARA 23.31 ▲ 0.87% COMPASS 25.19 ▲ 1.70% VAMOS 3.05 ▲ 0.99% SANB11 27.28 ▼ 0.33% ASAI3 8.65 ▼ 0.69% SBSP3 30.35 ▼ 0.07% WALMEX 49.53 ▼ 0.24% GMEXICO 200.46 ▲ 2.49% FEMSA 233.44 ▲ 3.59% CEMEX 22.19 ▲ 1.88% GFNORTE 187.05 ▲ 2.74% BIMBO 56.61 ▲ 1.32% TELEVISA 9.47 ▼ 1.46% AMX 22.87 ▲ 1.24% GAP 389.89 ▼ 4.48% ASUR 278.64 ▼ 0.01% OMA 234.04 ▲ 0.31% KOF 181.82 ▲ 0.08% GRUMA 282.09 ▲ 0.26% KIMBER 38.40 ▲ 0.47% SQM-B 67,438 ▲ 0.34% COPEC 6,077 ▲ 0.33% BSANTANDER 78.86 ▲ 0.84% FALABELLA 5,916 ▲ 0.19% ENELAM 85.43 ▲ 1.46% CENCOSUD 2,044 ▲ 0.19% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.21 ▲ 1.74% LATAM AIR 24.88 ▼ 0.08% YPF 77,150 ▼ 0.03% GGAL 8,015 ▼ 0.80% PAMPA 5,185 ▼ 0.77% TXAR 661.00 ▼ 0.53% ALUAR 959.00 ▼ 0.57% TGS 9,695 ▲ 1.31% CEPU 2,313 ▼ 0.26% MIRGOR 16,825 ▼ 1.03% COME 45.15 ▲ 0.83% LOMA NEGRA 3,550 ▲ 1.50% BYMA 302.00 ▼ 2.03% TELECOM ARG 4,285 ▲ 0.82% ECOPETROL 16.02 ▲ 0.85% BANCOLOMBIA 81.33 ▲ 1.13% GRUPO AVAL 4.90 ▼ 0.20% CREDICORP 391.08 ▲ 0.48% SOUTHERN COPPER 179.98 ▲ 3.12% BUENAVENTURA 30.68 ▲ 2.88% MERCADOLIBRE 1,872 ▲ 0.25% NUBANK 14.03 ▲ 2.61% XP 16.79 ▲ 2.57% PAGSEGURO 9.24 ▼ 0.48% STONE 11.21 ▲ 0.54% GLOBANT 31.75 ▼ 1.15% TECNOGLASS 43.44 ▲ 1.40% GAP AIRPORT 223.72 ▼ 3.89% ASUR 278.64 ▼ 0.01% OMA AIRPORT 107.46 ▲ 1.26% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 133.99 ▲ 3.86% CEMEX ADR 12.75 ▲ 2.41% PETROBRAS ADR 17.90 ▲ 0.08% VALE ADR 14.57 ▲ 2.72% ITAU ADR 8.54 ▲ 0.80% SANTANDER BR 5.40 ▲ 0.84% AMBEV ADR 3.10 ▲ 1.14% CSN 1.02 ▼ 0.97% GERDAU 4.58 ▲ 2.00% LATAM ADR 53.72 ▲ 0.72% BTC 64,491 ▲ 3.62% ETH 1,868 ▲ 5.33% SOL 77.06 ▲ 2.94% XRP 1.10 ▲ 3.40% BNB 579.93 ▲ 2.35% ADA 0.16 ▲ 4.18% DOGE 0.07 ▲ 3.58% AVAX 6.64 ▲ 3.04% LINK 8.25 ▲ 4.77% DOT 0.85 ▲ 2.09% LTC 44.55 ▲ 2.44% BCH 236.91 ▲ 0.29% TRX 0.33 ▲ 0.39% XLM 0.18 ▲ 1.88% HBAR 0.07 ▲ 0.28% NEAR 2.04 ▲ 6.27% ATOM 1.55 ▲ 1.24% AAVE 99.20 ▲ 5.13% SELIC 14.25% EMBRAER 82.80 ▼ 0.25% EMBRAER ADR 65.28 ▲ 1.24% JBS 11.82 ▲ 0.13% JBS BDR 59.82 ▼ 1.30% MBRF3 16.09 ▲ 2.35% MBRFY 3.10 ▲ 1.64% INTER 5.68 ▲ 0.44% EGX 52,299 ▼ 0.59% USD/ZAR 16.36 ▼ 0.57% USD/NGN 1,381 ▲ 0.20% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY 162.17 ▼ 0.16% USD/CNY 6.7592 ▼ 0.17% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD 1.1429 ▲ 0.37% GBP/USD 1.3378 ▲ 0.22% SPX 7,550 ▲ 0.46% DJI 52,471 ▼ 0.05% NDX 29,651 ▲ 1.32% RUT 2,964 ▲ 0.37% TSX 35,304 ▲ 0.14% VIX 16.45 ▼ 4.14% USD/CAD 1.4069 ▼ 0.59% US10Y 4.5850 ▼ 0.52%
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Opinion: Fachin’s Lists in Brazil

By · April 12, 2017 · 2 min read

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Opinion by Michael Royster

RIO DE JANEIRO, BRAZIL – On the eve of the Ides of March, Federal Chief Prosecutor Rodrigo Janot submitted 320 petitions to Brazil’s Supreme Court (STF), or, more precisely, to Justice Fachin, who is the reporting justice.

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Yesterday, less than a month later, Justice Fachin, based on the evidence in those petitions, has now authorized conducting formal investigations of an absolutely astonishing number of politicians.

Consider: eight Ministers in Temer’s Cabinet, almost one-third of the total, including the most influential. 29 Federal Senators, out of a total of 81 — more than one-third of all Senators in the country. Federal Deputies come out slightly better—“only” 42 out of 513 are on the list. There are, moreover, some nine sitting Governors.

To put it succinctly, the most important political movers and shakers in Temer’s administration and parliament, those upon whom Temer relies to implant much-needed economic and social reforms proposed by his economic team, have ALL officially come under suspicion of corruption.

In this connection, it is worth emphasizing that not one of President’s economic team — Finance Minister, Central Bank President, BNDES President and more — has been implicated by Fachin’s List.

Additionally, there are well-founded rumors that a lot more well-known names will soon be “outed” by Justice Fachin—or rather, by the person who “leaked” the first lists.

These include former senators, deputies, governors, judges. Supposedly, even former Presidents Cardozo, Lula and Dilma will be included. Almost all those named in the lists have denied any criminal activity.

The task now facing the prosecutors is to prove the charges, to the satisfaction of the STF, so that the suspects can be indicted and stand trial.

The task now facing President Temer is to pretend that support from the political crooks does not really matter, because his reform proposals are all well thought out and necessary for the general welfare.

As Edward R Murray used to say: “Good night, and good luck.

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