IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL5.06▼ 0.21% USD/MXN17.31▼ 0.02% USD/CLP923.95▼ 0.77% USD/COP3,151▼ 1.62% USD/PEN3.38▼ 0.32% USD/ARS1,485▼ 0.03% USD/UYU 40.20 — 0.00% USD/PYG 5,931 — 0.00% USD/BOB12.20▲ 0.83% USD/DOP57.78▼ 0.36% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.01% USD/HNL 26.76 — 0.00% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.19% USD/TTD6.72▲ 0.08% EUR/BRL5.84▼ 0.43% BRENT 82.97 ▼ 7.93% WTI 78.94 ▼ 6.77% IRON ORE 161.91 — — COPPER 6.48 ▲ 0.71% GOLD 4,108 ▲ 1.45% SILVER 57.86 ▲ 0.46% SOY 1,179 ▲ 0.60% CORN 460.75 ▲ 4.54% WHEAT 639.00 ▼ 0.04% COFFEE 313.55 ▼ 5.59% SUGAR 14.81 ▲ 1.02% ORANGE JUICE 152.20 ▼ 1.77% COTTON 80.51 ▲ 0.01% COCOA 5,760 ▲ 6.73% BEEF 227.25 ▼ 1.72% CATTLE 343.78 ▼ 0.78% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.35% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 — 0.00% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 655.50 ▲ 1.16% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 296.00 ▼ 0.34% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 62,663 ▼ 1.29% ETH 1,842 ▼ 2.14% SOL 72.41 ▼ 1.41% XRP 1.06 ▼ 1.85% BNB 586.66 ▼ 0.15% ADA 0.19 ▼ 0.40% DOGE 0.07 ▼ 1.63% AVAX 6.43 ▼ 1.70% LINK 8.18 ▼ 2.24% DOT 0.81 ▲ 1.79% LTC 44.07 ▼ 1.27% BCH 210.00 ▼ 1.19% TRX 0.33 ▲ 0.25% XLM 0.17 ▼ 1.61% HBAR 0.07 ▼ 1.53% NEAR 1.71 ▼ 0.50% ATOM 1.28 ▲ 1.19% AAVE 92.50 ▲ 0.54% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71% EGX 54,094 ▼ 0.35% USD/ZAR16.49▼ 0.37% USD/NGN 1,364 — 0.00% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY156.86▼ 0.37% USD/CNY6.74▼ 0.16% DAX 25,949 ▲ 1.25% CAC 8,608 ▲ 1.15% FTSE 10,868 — 0.00% MIB 52,658 ▲ 0.93% IBEX 19,912 ▲ 0.65% STOXX 651.43 ▲ 0.35% EUR/USD1.15▼ 0.13% GBP/USD1.35▼ 0.20% SPX 7,490 ▲ 0.70% DJI 52,485 ▲ 0.53% NDX 28,274 ▲ 0.60% RUT 2,931 ▼ 0.50% TSX 35,226 ▼ 0.79% VIX 16.12 ▲ 0.81% USD/CAD1.40▲ 0.22% US10Y 4.6710 ▼ 1.56% IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL 5.06 ▼ 0.21% USD/MXN 17.31 ▼ 0.02% USD/CLP 923.76 ▼ 0.79% USD/COP 3,151 ▼ 1.62% USD/PEN 3.38 ▼ 0.32% USD/ARS 1,485 ▼ 0.03% USD/UYU 40.20 — 0.00% USD/PYG 5,931 — 0.00% USD/BOB 12.20 ▲ 0.83% USD/DOP 57.78 ▼ 0.36% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.01% USD/HNL 26.76 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.56% USD/TTD 6.72 ▲ 0.94% EUR/BRL 5.84 ▼ 0.43% BRENT 82.97 ▼ 7.93% WTI 78.94 ▼ 6.77% IRON ORE 161.91 — — COPPER 6.48 ▲ 0.71% GOLD 4,108 ▲ 1.45% SILVER 57.86 ▲ 0.46% SOY 1,179 ▲ 0.60% CORN 460.75 ▲ 4.54% WHEAT 639.00 ▼ 0.04% COFFEE 313.55 ▼ 5.59% SUGAR 14.81 ▲ 1.02% ORANGE JUICE 152.20 ▼ 1.77% COTTON 80.51 ▲ 0.01% COCOA 5,760 ▲ 6.73% BEEF 227.25 ▼ 1.72% CATTLE 343.78 ▼ 0.78% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.35% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 — 0.00% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 655.50 ▲ 1.16% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 296.00 ▼ 0.34% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 62,663 ▼ 1.29% ETH 1,842 ▼ 2.14% SOL 72.41 ▼ 1.41% XRP 1.06 ▼ 1.85% BNB 586.66 ▼ 0.15% ADA 0.19 ▼ 0.40% DOGE 0.07 ▼ 1.63% AVAX 6.43 ▼ 1.70% LINK 8.18 ▼ 2.24% DOT 0.81 ▲ 1.79% LTC 44.07 ▼ 1.27% BCH 210.00 ▼ 1.19% TRX 0.33 ▲ 0.25% XLM 0.17 ▼ 1.61% HBAR 0.07 ▼ 1.53% NEAR 1.71 ▼ 0.50% ATOM 1.28 ▲ 1.19% AAVE 92.50 ▲ 0.54% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71% EGX 54,094 ▼ 0.35% USD/ZAR 16.48 ▼ 0.37% USD/NGN 1,364 — 0.00% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY 156.80 ▼ 0.38% USD/CNY 6.7406 ▼ 0.06% DAX 25,949 ▲ 1.25% CAC 8,608 ▲ 1.15% FTSE 10,868 — 0.00% MIB 52,658 ▲ 0.93% IBEX 19,912 ▲ 0.65% STOXX 651.43 ▲ 0.35% EUR/USD 1.1531 ▲ 0.03% GBP/USD 1.3467 ▼ 0.15% SPX 7,490 ▲ 0.70% DJI 52,485 ▲ 0.53% NDX 28,274 ▲ 0.60% RUT 2,931 ▼ 0.50% TSX 35,226 ▼ 0.79% VIX 16.12 ▲ 0.81% USD/CAD 1.4037 ▲ 0.14% US10Y 4.6710 ▼ 1.56%
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Political Leanings

By · October 11, 2011 · 3 min read

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Editorial

RIO DE JANEIRO, BRAZIL – We get asked a lot what The Rio Times’ political position is, or should I say to what extent are we willing to expose the truth and tell stories that local media ignores, distorts or even covers up. This usually happens in the context of on-the-ground volunteers working in favelas seeing first-hand how the UPP and other police activity is effecting communities. Liberals for the most part.

Stone Korshak, Editor and Publisher of The Rio Times.
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Why is it we see more liberally-minded volunteers vocalizing this point of view? I know there are some conservative volunteers trying to make the world a better place with their blood, sweat and tears as well. I actually have some friends and acquaintances that work through the church here, but for some reason they seem less politically vocal as community volunteers.

The Rio Times tries to stay politically neutral, but it seems over time we have presented ourselves economically conservative, but socially liberal, with the topics and underlining editorial position is slightly Left leaning.

Traditionally, according to Wikimedia, the Left includes progressives, social liberals, social democrats, socialists, communists and some anarchists. The Right includes conservatives, libertarians, plutocrats, reactionaries, capitalists, monarchists, nationalists and fascists… although something tells me it was the Left that even created or contributes to Wikimedia.

Without digressing into a broad debate, the point is that two of our articles this week seem more politically skewed then we typically publish, and I wanted a chance to mitigate them further.

First, a comment on the article about the increase of 127 percent deforestation of Amazon lands protected by the government. What the headline doesn’t communicate – for space reasons – is that that is over a ten year period. Also that the 127 percent increase reflects only a small percent of the Brazilian Amazon.

The increase of deforestation was up from 5,000 to 11,400km², but overall, the Amazon rainforest covers 5.5 million km²; of that, some 1.73 million km² under some form of protection. So even talking about only protected lands, 11,400 out of 1,730,000 is 0.66 percent … hard to get too heated up about that number, despite being a supporter of general environmental protection.

The second comment is regarding the article we published about the Vila Autódromo Favela community resisting demolition and relocation of residents by the government making way for the 2016 Olympics. The story is certainly positioned to tell the story of the favela community’s side, but the other side is the greater good of Rio, and tremendous economic opportunities on the way.

While the challenge is to distribute that opportunity fairly and justly to Brazilian society, it is difficult to be too upset on a macro level given the relocation package offered to residents. Surely they would prefer to be left alone, but at least (partially due to the media attention) the government is not simply bulldozing their homes without public assistance… although I’m sure they won’t make it easy to collect the public funding.

The point is when dealing with political leanings it is hard to stay neutral, and issues can be tremendously complex and sensitive. We have developed the broad global categories of Right and Left, and in the U.S. they conveniently fall neatly into our two-party system (even with easy donkey and elephant mascots).

In Brazil there are twenty-something political parties that all have some ideology but wheel-and-deal with alliances each election, perhaps more flexible and analogous to the seemingly “contrary forces interconnected and interdependent in the natural world”.

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