IBOV 176,305 ▲ 0.32% IPSA 10,928 ▲ 0.16% IPC MEX 66,762 ▲ 1.20% MERVAL 3,271,003 ▲ 1.10% COLCAP 2,300.83 ▼ 0.30% BVL PERÚ 56,428.20 ▲ 2.30% USD/BRL5.07▼ 1.30% USD/MXN17.39▼ 0.80% USD/CLP924.09▼ 0.94% USD/COP3,249▼ 0.43% USD/PEN3.39▼ 0.58% USD/ARS1,477▼ 0.40% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.31▲ 0.39% 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/JMD157.59▲ 0.64% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 0.34% BRENT 84.42 ▲ 1.34% WTI 78.71 ▲ 0.73% IRON ORE 161.91 — — COPPER 6.43 ▲ 3.18% GOLD 4,091 ▲ 2.35% SILVER 59.61 ▲ 3.43% SOY 1,191 ▼ 0.96% CORN 460.00 ▲ 5.08% WHEAT 641.25 ▲ 2.27% COFFEE 337.55 ▼ 1.13% SUGAR 14.81 ▲ 0.41% ORANGE JUICE 136.20 ▼ 4.45% COTTON 81.07 ▲ 1.55% COCOA 5,607 ▼ 1.56% BEEF 228.03 ▼ 2.85% CATTLE 349.20 ▼ 1.45% LITHIUM 71.50 ▲ 1.79% PETR4 40.55 ▼ 0.27% VALE3 74.18 ▲ 1.83% ITUB4 43.65 ▲ 0.30% BBDC4 18.74 ▼ 0.16% ABEV3 15.93 ▲ 0.63% BBAS3 20.48 ▲ 1.19% B3SA3 15.28 ▲ 1.06% WEGE3 44.35 ▼ 0.09% PRIO3 56.96 ▼ 0.42% SUZB3 40.88 ▼ 1.47% RENT3 40.32 ▲ 0.30% AZZA3 18.79 ▼ 2.24% CSAN3 3.87 ▼ 0.77% RAIZ4 0.33 — 0.00% PCAR3 2.47 ▼ 4.63% GMAT3 3.94 — 0.00% PSSA3 54.24 ▲ 0.37% CVCB3 1.28 ▲ 2.40% POSI3 3.95 ▼ 1.00% SLCE3 13.76 ▼ 0.79% NATU3 8.46 ▼ 1.63% BRKM5 6.81 ▼ 1.87% RANI3 7.98 ▲ 0.38% CSNA3 5.15 ▼ 1.72% CMIN3 5.28 ▼ 3.12% USIM5 8.29 ▼ 1.07% GGBR4 23.10 ▲ 1.23% ENEV3 26.85 ▼ 0.11% CPFE3 46.95 ▲ 0.23% CMIG4 11.10 ▲ 0.27% EQTL3 40.86 ▲ 1.62% LREN3 14.15 — 0.00% VIVT3 35.28 ▲ 1.58% RAIL3 14.05 ▼ 0.43% KLABIN 17.33 ▼ 0.86% RAIA DROGASIL 18.46 ▲ 1.43% RDOR3 35.86 ▲ 0.84% HAPV3 10.65 ▲ 1.82% FLRY3 16.24 ▲ 0.56% SMTO3 16.31 ▼ 0.37% UGPA3 29.62 ▼ 4.24% VBBR3 32.66 ▼ 0.31% BBSE3 40.29 ▲ 0.02% BPAC11 58.28 ▲ 1.32% CURY3 32.74 ▼ 1.15% AERI3 2.08 — 0.00% VIVARA 23.22 ▲ 0.48% COMPASS 25.08 ▲ 1.25% VAMOS 3.01 ▼ 0.33% SANB11 27.48 ▲ 0.40% ASAI3 8.61 ▼ 1.15% SBSP3 30.42 ▲ 0.16% WALMEX 49.47 ▼ 0.36% GMEXICO 203.23 ▲ 3.91% FEMSA 231.17 ▲ 2.58% CEMEX 22.59 ▲ 3.72% GFNORTE 185.52 ▲ 1.89% BIMBO 56.02 ▲ 0.27% TELEVISA 9.57 ▼ 0.42% AMX 22.88 ▲ 1.28% GAP 388.00 ▼ 4.95% ASUR 278.75 ▲ 0.03% OMA 233.95 ▲ 0.27% KOF 181.22 ▼ 0.25% GRUMA 280.01 ▼ 0.48% KIMBER 38.28 ▲ 0.16% SQM-B 67,765 ▲ 0.82% COPEC 6,015 ▼ 0.70% BSANTANDER 79.20 ▲ 1.28% FALABELLA 5,917 ▲ 0.19% ENELAM 84.78 ▲ 0.69% CENCOSUD 2,050 ▲ 0.49% CMPC 1,067 ▼ 1.02% BANCO CHILE 188.10 ▲ 1.68% LATAM AIR 24.44 ▼ 1.85% YPF 78,250 ▲ 1.39% GGAL 8,240 ▲ 1.98% PAMPA 5,235 ▲ 0.19% TXAR 665.50 ▲ 0.15% ALUAR 961.00 ▼ 0.36% TGS 9,660 ▲ 0.94% CEPU 2,329 ▲ 0.43% MIRGOR 17,000 — 0.00% COME 45.63 ▲ 1.90% LOMA NEGRA 3,543 ▲ 1.29% BYMA 308.00 ▼ 0.08% TELECOM ARG 4,283 ▲ 0.76% ECOPETROL 15.84 ▼ 0.25% BANCOLOMBIA 82.23 ▲ 2.25% GRUPO AVAL 4.95 ▲ 0.81% CREDICORP 395.11 ▲ 1.51% SOUTHERN COPPER 182.03 ▲ 4.30% BUENAVENTURA 30.98 ▲ 3.87% MERCADOLIBRE 1,887 ▲ 1.04% NUBANK 14.10 ▲ 3.11% XP 16.60 ▲ 1.37% PAGSEGURO 9.25 ▼ 0.38% STONE 11.21 ▲ 0.49% GLOBANT 31.45 ▼ 2.10% TECNOGLASS 43.11 ▲ 0.63% GAP AIRPORT 223.23 ▼ 4.10% ASUR 278.75 ▲ 0.03% OMA AIRPORT 107.40 ▲ 1.20% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 132.92 ▲ 3.03% CEMEX ADR 12.97 ▲ 4.14% PETROBRAS ADR 17.93 ▲ 0.25% VALE ADR 14.60 ▲ 2.93% ITAU ADR 8.60 ▲ 1.48% SANTANDER BR 5.45 ▲ 1.78% AMBEV ADR 3.11 ▲ 1.63% CSN 1.03 — 0.00% GERDAU 4.57 ▲ 1.67% LATAM ADR 53.52 ▲ 0.35% BTC 64,237 ▲ 3.21% ETH 1,876 ▲ 5.76% SOL 77.18 ▲ 3.10% XRP 1.10 ▲ 3.33% BNB 580.88 ▲ 2.51% ADA 0.16 ▲ 4.31% DOGE 0.07 ▲ 3.52% AVAX 6.64 ▲ 3.04% LINK 8.32 ▲ 5.63% DOT 0.85 ▲ 1.73% LTC 44.57 ▲ 2.49% BCH 239.64 ▲ 1.44% TRX 0.33 ▲ 0.42% XLM 0.18 ▲ 1.92% HBAR 0.07 ▲ 0.85% NEAR 2.04 ▲ 6.38% ATOM 1.56 ▲ 1.56% AAVE 98.44 ▲ 4.32% SELIC 14.25% EMBRAER 82.79 ▼ 0.27% EMBRAER ADR 65.35 ▲ 1.35% JBS 11.73 ▼ 0.59% JBS BDR 59.43 ▼ 1.95% MBRF3 15.86 ▲ 0.89% MBRFY 3.08 ▲ 0.98% INTER 5.73 ▲ 1.33% EGX 52,299 ▼ 0.59% USD/ZAR16.32▼ 0.93% 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/JPY161.93▼ 0.31% USD/CNY6.76▼ 0.32% DAX 25,136 ▲ 0.09% CAC 8,361 ▼ 0.04% FTSE 10,522 ▲ 0.23% MIB 52,897 ▲ 0.17% IBEX 19,363 ▲ 0.14% STOXX 641.66 ▲ 0.10% EUR/USD1.15▲ 0.61% GBP/USD1.34▲ 0.16% SPX 7,545 ▲ 0.40% DJI 52,513 ▲ 0.03% NDX 29,579 ▲ 1.07% RUT 2,965 ▲ 0.41% TSX 35,392 ▲ 0.40% VIX 16.48 ▼ 3.96% USD/CAD1.41▼ 0.73% US10Y 4.5710 ▼ 0.82% IBOV 176,305 ▲ 0.32% IPSA 10,928 ▲ 0.16% IPC MEX 66,762 ▲ 1.20% MERVAL 3,271,003 ▲ 1.10% COLCAP 2,300.83 ▼ 0.30% BVL PERÚ 56,428.20 ▲ 2.30% USD/BRL 5.07 ▼ 1.30% USD/MXN 17.39 ▼ 0.80% USD/CLP 924.09 ▼ 0.94% USD/COP 3,249 ▼ 0.43% USD/PEN 3.39 ▼ 0.58% USD/ARS 1,478 ▼ 0.37% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.31 ▲ 0.39% 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 157.59 ▲ 0.64% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 0.34% BRENT 84.42 ▲ 1.34% WTI 78.71 ▲ 0.73% IRON ORE 161.91 — — COPPER 6.43 ▲ 3.18% GOLD 4,091 ▲ 2.35% SILVER 59.61 ▲ 3.43% SOY 1,191 ▼ 0.96% CORN 460.00 ▲ 5.08% WHEAT 641.25 ▲ 2.27% COFFEE 337.55 ▼ 1.13% SUGAR 14.81 ▲ 0.41% ORANGE JUICE 136.20 ▼ 4.45% COTTON 81.07 ▲ 1.55% COCOA 5,607 ▼ 1.56% BEEF 228.03 ▼ 2.85% CATTLE 349.20 ▼ 1.45% LITHIUM 71.50 ▲ 1.79% PETR4 40.55 ▼ 0.27% VALE3 74.18 ▲ 1.83% ITUB4 43.65 ▲ 0.30% BBDC4 18.74 ▼ 0.16% ABEV3 15.93 ▲ 0.63% BBAS3 20.48 ▲ 1.19% B3SA3 15.28 ▲ 1.06% WEGE3 44.35 ▼ 0.09% PRIO3 56.96 ▼ 0.42% SUZB3 40.88 ▼ 1.47% RENT3 40.32 ▲ 0.30% AZZA3 18.79 ▼ 2.24% CSAN3 3.87 ▼ 0.77% RAIZ4 0.33 — 0.00% PCAR3 2.47 ▼ 4.63% GMAT3 3.94 — 0.00% PSSA3 54.24 ▲ 0.37% CVCB3 1.28 ▲ 2.40% POSI3 3.95 ▼ 1.00% SLCE3 13.76 ▼ 0.79% NATU3 8.46 ▼ 1.63% BRKM5 6.81 ▼ 1.87% RANI3 7.98 ▲ 0.38% CSNA3 5.15 ▼ 1.72% CMIN3 5.28 ▼ 3.12% USIM5 8.29 ▼ 1.07% GGBR4 23.10 ▲ 1.23% ENEV3 26.85 ▼ 0.11% CPFE3 46.95 ▲ 0.23% CMIG4 11.10 ▲ 0.27% EQTL3 40.86 ▲ 1.62% LREN3 14.15 — 0.00% VIVT3 35.28 ▲ 1.58% RAIL3 14.05 ▼ 0.43% KLABIN 17.33 ▼ 0.86% RAIA DROGASIL 18.46 ▲ 1.43% RDOR3 35.86 ▲ 0.84% HAPV3 10.65 ▲ 1.82% FLRY3 16.24 ▲ 0.56% SMTO3 16.31 ▼ 0.37% UGPA3 29.62 ▼ 4.24% VBBR3 32.66 ▼ 0.31% BBSE3 40.29 ▲ 0.02% BPAC11 58.28 ▲ 1.32% CURY3 32.74 ▼ 1.15% AERI3 2.08 — 0.00% VIVARA 23.22 ▲ 0.48% COMPASS 25.08 ▲ 1.25% VAMOS 3.01 ▼ 0.33% SANB11 27.48 ▲ 0.40% ASAI3 8.61 ▼ 1.15% SBSP3 30.42 ▲ 0.16% WALMEX 49.47 ▼ 0.36% GMEXICO 203.23 ▲ 3.91% FEMSA 231.17 ▲ 2.58% CEMEX 22.59 ▲ 3.72% GFNORTE 185.52 ▲ 1.89% BIMBO 56.02 ▲ 0.27% TELEVISA 9.57 ▼ 0.42% AMX 22.88 ▲ 1.28% GAP 388.00 ▼ 4.95% ASUR 278.75 ▲ 0.03% OMA 233.95 ▲ 0.27% KOF 181.22 ▼ 0.25% GRUMA 280.01 ▼ 0.48% KIMBER 38.28 ▲ 0.16% SQM-B 67,765 ▲ 0.82% COPEC 6,015 ▼ 0.70% BSANTANDER 79.20 ▲ 1.28% FALABELLA 5,917 ▲ 0.19% ENELAM 84.78 ▲ 0.69% CENCOSUD 2,050 ▲ 0.49% CMPC 1,067 ▼ 1.02% BANCO CHILE 188.10 ▲ 1.68% LATAM AIR 24.44 ▼ 1.85% YPF 78,250 ▲ 1.39% GGAL 8,240 ▲ 1.98% PAMPA 5,235 ▲ 0.19% TXAR 665.50 ▲ 0.15% ALUAR 961.00 ▼ 0.36% TGS 9,660 ▲ 0.94% CEPU 2,329 ▲ 0.43% MIRGOR 17,000 — 0.00% COME 45.63 ▲ 1.90% LOMA NEGRA 3,543 ▲ 1.29% BYMA 308.00 ▼ 0.08% TELECOM ARG 4,283 ▲ 0.76% ECOPETROL 15.84 ▼ 0.25% BANCOLOMBIA 82.23 ▲ 2.25% GRUPO AVAL 4.95 ▲ 0.81% CREDICORP 395.11 ▲ 1.51% SOUTHERN COPPER 182.03 ▲ 4.30% BUENAVENTURA 30.98 ▲ 3.87% MERCADOLIBRE 1,887 ▲ 1.04% NUBANK 14.10 ▲ 3.11% XP 16.60 ▲ 1.37% PAGSEGURO 9.25 ▼ 0.38% STONE 11.21 ▲ 0.49% GLOBANT 31.45 ▼ 2.10% TECNOGLASS 43.11 ▲ 0.63% GAP AIRPORT 223.23 ▼ 4.10% ASUR 278.75 ▲ 0.03% OMA AIRPORT 107.40 ▲ 1.20% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 132.92 ▲ 3.03% CEMEX ADR 12.97 ▲ 4.14% PETROBRAS ADR 17.93 ▲ 0.25% VALE ADR 14.60 ▲ 2.93% ITAU ADR 8.60 ▲ 1.48% SANTANDER BR 5.45 ▲ 1.78% AMBEV ADR 3.11 ▲ 1.63% CSN 1.03 — 0.00% GERDAU 4.57 ▲ 1.67% LATAM ADR 53.52 ▲ 0.35% BTC 64,237 ▲ 3.21% ETH 1,876 ▲ 5.76% SOL 77.18 ▲ 3.10% XRP 1.10 ▲ 3.33% BNB 580.88 ▲ 2.51% ADA 0.16 ▲ 4.31% DOGE 0.07 ▲ 3.52% AVAX 6.64 ▲ 3.04% LINK 8.32 ▲ 5.63% DOT 0.85 ▲ 1.73% LTC 44.57 ▲ 2.49% BCH 239.64 ▲ 1.44% TRX 0.33 ▲ 0.42% XLM 0.18 ▲ 1.92% HBAR 0.07 ▲ 0.85% NEAR 2.04 ▲ 6.38% ATOM 1.56 ▲ 1.56% AAVE 98.44 ▲ 4.32% SELIC 14.25% EMBRAER 82.79 ▼ 0.27% EMBRAER ADR 65.35 ▲ 1.35% JBS 11.73 ▼ 0.59% JBS BDR 59.43 ▼ 1.95% MBRF3 15.86 ▲ 0.89% MBRFY 3.08 ▲ 0.98% INTER 5.73 ▲ 1.33% EGX 52,299 ▼ 0.59% USD/ZAR 16.33 ▼ 0.78% 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 161.97 ▼ 0.29% USD/CNY 6.7695 ▼ 0.02% DAX 25,136 ▲ 0.09% CAC 8,361 ▼ 0.04% FTSE 10,522 ▲ 0.23% MIB 52,897 ▲ 0.17% IBEX 19,363 ▲ 0.14% STOXX 641.66 ▲ 0.10% EUR/USD 1.1448 ▲ 0.54% GBP/USD 1.3407 ▲ 0.43% SPX 7,545 ▲ 0.40% DJI 52,513 ▲ 0.03% NDX 29,579 ▲ 1.07% RUT 2,965 ▲ 0.41% TSX 35,392 ▲ 0.40% VIX 16.48 ▼ 3.96% USD/CAD 1.4056 ▼ 0.69% US10Y 4.5710 ▼ 0.82%
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Tuesday, July 14, 2026

Opinion: Meanwhile, Far from Rio 2016…

By · August 13, 2016 · 2 min read

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Opinion, by Michael Royster

RIO DE JANEIRO, BRAZIL – Those of us who live in Rio de Janeiro have been glued to the tube or trapped in traffic as we attempt to follow the Rio2016 Olympic Games, which enables us to forget about politics for at least a little while. Meanwhile, however, the rest of Brazil is not on Augustan holiday, having adhered to the usual schedule where mid-July is the winter holiday month.

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Perhaps surprisingly, even Congress is in session. An important session. A very important session.

On Tuesday, after almost a month of hearings and arguments for and against impeachment, the full Senate voted, 59 votes to 31, to proceed with the formal trial of Dilma Rousseff. This vote followed that of the special committee on impeachment, which recommended impeachment by a 2/3 majority.

Crucially, the number of Senate votes favoring impeachment has now reached five more than the 54 needed to convict Dilma at the trial, and four more votes than were recorded before the evidentiary hearings and arguments began. This means that many Senators, previously on the fence or opposing impeachment, have now made up their minds.

Most commentators believe there is no hope that Dilma will manage to stanch the flow of adverse votes. PT has abandoned the word “coup” nor does it want new elections as Dilma has called for. Even STF Justice Lewandowski, a lifelong petista, has resisted PT’s ploys to avoid a trial.

Dilma’s supporters once counted on a form of legislative blackmail — Senators on the fence would demand that their puppets be appointed to plush government jobs, or they would vote not to impeach. That tactic failed.

The final vote is expected sometime between the end of the Olympics and the beginning of the Paralympics. It is likely to be far less exciting than those Games.

The Curmudgeon wonders why Bernie Sanders fell, hook line and sinker, for the “coup” message most Dilma supporters have now abandoned.

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