IBOV 178,465.09 ▲ 0.32% IPSA 11,160.53 ▲ 1.49% IPC MEX 66,848.35 ▲ 0.22% MERVAL 3,163,415 ▼ 0.80% COLCAP 2,379.51 ▲ 0.20% BVL PERÚ 58,781.02 ▲ 0.76% USD/BRL5.13— 0.00% USD/MXN17.24▼ 0.10% USD/CLP913.00▲ 0.22% USD/COP3,173▼ 2.14% USD/PEN3.38▼ 0.33% USD/ARS1,496▼ 0.03% USD/UYU40.26▲ 1.28% USD/PYG5,932▲ 1.24% USD/BOB12.02▲ 0.04% USD/DOP58.12▲ 1.28% USD/CRC448.18▲ 1.25% USD/GTQ7.63▲ 2.14% USD/HNL26.78▲ 1.43% USD/NIO36.62▲ 0.59% USD/VES753.27▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.03% USD/TTD6.66▼ 0.03% EUR/BRL5.92▲ 0.92% BRENT 79.51 ▲ 0.19% WTI 75.26 ▼ 0.67% IRON ORE 161.91 — — COPPER 6.75 ▲ 2.02% GOLD 4,313 ▲ 5.30% SILVER 62.42 ▲ 3.94% SOY 1,177 ▲ 1.88% CORN 460.75 ▲ 4.18% WHEAT 644.00 ▲ 0.86% COFFEE 310.55 ▼ 4.18% SUGAR 15.17 ▲ 0.86% ORANGE JUICE 156.25 ▼ 2.16% COTTON 83.22 ▲ 2.58% COCOA 5,848 ▼ 1.28% BEEF 229.43 ▼ 1.09% CATTLE 348.78 ▼ 0.69% LITHIUM 72.85 ▲ 1.62% PETR4 42.03 ▼ 1.11% VALE3 76.65 ▲ 0.45% ITUB4 42.78 ▲ 1.62% BBDC4 18.07 ▼ 0.65% ABEV3 15.85 ▼ 0.13% BBAS3 21.05 ▲ 0.29% B3SA3 15.51 ▼ 1.21% WEGE3 49.03 ▼ 0.28% PRIO3 58.52 ▲ 0.12% SUZB3 42.83 ▼ 0.44% RENT3 39.40 ▲ 0.79% AZZA3 16.08 ▲ 0.25% CSAN3 3.94 ▼ 2.72% RAIZ4 0.26 ▼ 7.14% PCAR3 2.98 ▲ 8.36% GMAT3 3.95 — 0.00% PSSA3 53.45 ▼ 1.47% CVCB3 1.54 ▲ 11.59% POSI3 3.50 — 0.00% SLCE3 13.56 ▼ 0.07% NATU3 8.31 ▼ 1.31% BRKM5 5.90 ▲ 1.20% RANI3 8.33 ▼ 0.12% CSNA3 4.93 ▲ 2.92% CMIN3 5.87 ▼ 0.68% USIM5 7.47 ▼ 0.66% GGBR4 26.28 ▲ 1.58% ENEV3 27.08 ▼ 0.29% CPFE3 46.17 ▼ 0.39% CMIG4 11.26 ▼ 0.18% EQTL3 39.26 ▲ 0.13% LREN3 13.63 ▼ 0.29% VIVT3 31.34 ▼ 0.98% RAIL3 14.01 ▼ 0.78% KLABIN 18.65 ▲ 2.19% RAIA DROGASIL 20.40 ▲ 5.10% RDOR3 34.49 ▲ 0.26% HAPV3 11.22 ▼ 4.75% FLRY3 17.43 ▼ 0.34% SMTO3 14.40 ▲ 3.30% UGPA3 32.38 ▼ 0.67% VBBR3 35.25 ▼ 0.54% BBSE3 41.67 ▼ 0.95% BPAC11 56.71 ▼ 0.07% CURY3 32.06 ▲ 0.98% AERI3 2.30 ▲ 5.02% VIVARA 22.31 ▼ 1.28% COMPASS 24.35 ▼ 1.02% VAMOS 3.37 ▲ 1.20% SANB11 29.51 ▲ 1.41% ASAI3 8.84 ▲ 2.08% SBSP3 27.79 ▼ 0.79% WALMEX 48.75 ▼ 2.29% GMEXICO 222.10 ▲ 1.70% FEMSA 214.80 ▼ 1.20% CEMEX 19.99 ▼ 0.45% GFNORTE 198.39 ▲ 0.33% BIMBO 61.42 ▲ 0.85% TELEVISA 9.55 ▼ 0.73% AMX 20.76 ▼ 3.35% GAP 375.96 ▼ 1.34% ASUR 273.51 ▼ 1.01% OMA 237.50 ▼ 0.56% KOF 187.11 ▼ 0.23% GRUMA 259.15 ▼ 1.48% KIMBER 40.25 ▼ 0.15% SQM-B 63,450 ▲ 1.60% COPEC 6,242 ▲ 0.21% BSANTANDER 80.40 ▲ 1.26% FALABELLA 6,335 ▲ 1.19% ENELAM 87.70 — 0.00% CENCOSUD 2,012 ▲ 1.27% CMPC 1,036 ▼ 0.43% BANCO CHILE 191.00 ▲ 1.05% LATAM AIR 26.33 ▲ 3.46% YPF 7,665 ▼ 2.23% GGAL 7,630 ▼ 1.42% PAMPA 5,310 ▼ 0.93% TXAR 683.00 ▲ 5.97% ALUAR 941.50 ▲ 0.91% TGS 9,280 ▼ 1.59% CEPU 2,266 ▼ 1.39% MIRGOR 1,620 ▼ 1.22% COME 41.40 ▼ 1.19% LOMA NEGRA 3,495 ▲ 0.50% BYMA 287.50 ▼ 1.37% TELECOM ARG 4,320 ▼ 0.35% ECOPETROL 16.41 ▲ 0.61% BANCOLOMBIA 90.60 ▲ 0.66% GRUPO AVAL 5.33 ▲ 2.21% CREDICORP 397.09 ▲ 1.27% SOUTHERN COPPER 198.74 ▲ 1.83% BUENAVENTURA 32.80 ▲ 1.67% MERCADOLIBRE 1,917 ▲ 1.48% NUBANK 14.44 ▲ 0.77% XP 17.10 ▲ 0.77% PAGSEGURO 9.47 ▼ 0.37% STONE 11.20 ▼ 0.31% GLOBANT 38.16 ▲ 0.07% TECNOGLASS 48.10 ▲ 3.97% GAP AIRPORT 218.03 ▼ 1.21% ASUR 273.51 ▼ 1.01% OMA AIRPORT 110.37 ▼ 0.57% AMX ADR 24.04 ▼ 3.38% FEMSA ADR 124.28 ▼ 1.58% CEMEX ADR 11.59 ▼ 0.22% PETROBRAS ADR 18.41 ▼ 1.66% VALE ADR 14.92 ▲ 0.57% ITAU ADR 8.33 ▲ 1.71% SANTANDER BR 5.80 ▲ 2.11% AMBEV ADR 3.04 — 0.00% CSN 0.97 ▲ 3.78% GERDAU 5.16 ▲ 1.08% LATAM ADR 57.57 ▲ 3.43% BTC 64,864 ▲ 1.26% ETH 1,918 ▲ 2.64% SOL 74.39 ▲ 0.91% XRP 1.07 ▼ 0.36% BNB 599.68 ▲ 1.16% ADA 0.19 ▼ 1.55% DOGE 0.07 ▲ 0.27% AVAX 6.67 ▼ 0.19% LINK 8.21 ▲ 0.79% DOT 0.85 ▼ 0.55% LTC 45.19 ▲ 0.80% BCH 215.34 ▲ 1.00% TRX 0.33 ▲ 0.24% XLM 0.17 ▼ 0.73% HBAR 0.07 ▲ 0.54% NEAR 1.71 ▼ 1.12% ATOM 1.35 ▼ 1.91% AAVE 90.29 ▼ 0.13% SELIC 14.25% — EMBRAER 92.56 ▲ 2.26% EMBRAER ADR 72.24 ▲ 2.43% JBS 13.74 ▲ 0.92% JBS BDR 70.34 ▲ 0.39% MBRF3 16.92 ▼ 0.06% MBRFY 3.25 ▼ 0.61% INTER 5.80 ▲ 1.75% EGX 54,660 ▲ 0.29% USD/ZAR16.32▼ 0.35% USD/NGN1,360▼ 0.20% NIKKEI 66,300 ▲ 3.66% CSI300 4,658 ▲ 1.24% HSI 25,916 ▲ 0.24% NIFTY 24,625 ▲ 0.04% KOSPI 6,598 ▲ 3.76% JCI 6,351 ▲ 0.50% USD/JPY157.70▼ 0.02% USD/CNY 6.7402 — 0.00% DAX 26,126 ▼ 0.29% CAC 8,669 ▲ 0.03% FTSE 10,888 ▲ 0.08% MIB 53,447 ▼ 0.18% IBEX 20,057 ▲ 0.17% STOXX 657.14 ▲ 0.04% EUR/USD1.16▲ 0.19% GBP/USD1.35▲ 0.28% SPX 7,741 ▲ 0.06% DJI 54,487 ▲ 0.74% NDX 29,644 ▼ 0.30% RUT 3,026 ▼ 0.37% TSX 36,229 ▲ 1.19% VIX 15.57 ▼ 5.64% USD/CAD1.40▼ 0.36% US10Y 4.6150 ▼ 0.26% IBOV 178,465.09 ▲ 0.32% IPSA 11,160.53 ▲ 1.49% IPC MEX 66,848.35 ▲ 0.22% MERVAL 3,163,415 ▼ 0.80% COLCAP 2,379.51 ▲ 0.20% BVL PERÚ 58,781.02 ▲ 0.76% USD/BRL 5.13 ▲ 0.02% USD/MXN 17.24 ▼ 0.10% USD/CLP 912.95 ▲ 0.21% USD/COP 3,175 ▼ 2.06% USD/PEN 3.38 ▼ 0.32% USD/ARS 1,496 ▼ 0.03% USD/UYU 40.26 ▲ 1.28% USD/PYG 5,932 ▲ 1.24% USD/BOB 12.02 ▲ 0.04% USD/DOP 58.12 ▲ 1.28% USD/CRC 448.18 ▲ 1.25% USD/GTQ 7.63 ▲ 2.14% USD/HNL 26.78 ▲ 1.43% USD/NIO 36.62 ▲ 0.59% USD/VES 753.27 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▼ 0.03% USD/TTD 6.66 ▼ 0.03% EUR/BRL 5.92 ▲ 0.92% BRENT 79.51 ▲ 0.19% WTI 75.26 ▼ 0.67% IRON ORE 161.91 — — COPPER 6.75 ▲ 2.02% GOLD 4,313 ▲ 5.30% SILVER 62.42 ▲ 3.94% SOY 1,177 ▲ 1.88% CORN 460.75 ▲ 4.18% WHEAT 644.00 ▲ 0.86% COFFEE 310.55 ▼ 4.18% SUGAR 15.17 ▲ 0.86% ORANGE JUICE 156.25 ▼ 2.16% COTTON 83.22 ▲ 2.58% COCOA 5,848 ▼ 1.28% BEEF 229.43 ▼ 1.09% CATTLE 348.78 ▼ 0.69% LITHIUM 72.85 ▲ 1.62% PETR4 42.03 ▼ 1.11% VALE3 76.65 ▲ 0.45% ITUB4 42.78 ▲ 1.62% BBDC4 18.07 ▼ 0.65% ABEV3 15.85 ▼ 0.13% BBAS3 21.05 ▲ 0.29% B3SA3 15.51 ▼ 1.21% WEGE3 49.03 ▼ 0.28% PRIO3 58.52 ▲ 0.12% SUZB3 42.83 ▼ 0.44% RENT3 39.40 ▲ 0.79% AZZA3 16.08 ▲ 0.25% CSAN3 3.94 ▼ 2.72% RAIZ4 0.26 ▼ 7.14% PCAR3 2.98 ▲ 8.36% GMAT3 3.95 — 0.00% PSSA3 53.45 ▼ 1.47% CVCB3 1.54 ▲ 11.59% POSI3 3.50 — 0.00% SLCE3 13.56 ▼ 0.07% NATU3 8.31 ▼ 1.31% BRKM5 5.90 ▲ 1.20% RANI3 8.33 ▼ 0.12% CSNA3 4.93 ▲ 2.92% CMIN3 5.87 ▼ 0.68% USIM5 7.47 ▼ 0.66% GGBR4 26.28 ▲ 1.58% ENEV3 27.08 ▼ 0.29% CPFE3 46.17 ▼ 0.39% CMIG4 11.26 ▼ 0.18% EQTL3 39.26 ▲ 0.13% LREN3 13.63 ▼ 0.29% VIVT3 31.34 ▼ 0.98% RAIL3 14.01 ▼ 0.78% KLABIN 18.65 ▲ 2.19% RAIA DROGASIL 20.40 ▲ 5.10% RDOR3 34.49 ▲ 0.26% HAPV3 11.22 ▼ 4.75% FLRY3 17.43 ▼ 0.34% SMTO3 14.40 ▲ 3.30% UGPA3 32.38 ▼ 0.67% VBBR3 35.25 ▼ 0.54% BBSE3 41.67 ▼ 0.95% BPAC11 56.71 ▼ 0.07% CURY3 32.06 ▲ 0.98% AERI3 2.30 ▲ 5.02% VIVARA 22.31 ▼ 1.28% COMPASS 24.35 ▼ 1.02% VAMOS 3.37 ▲ 1.20% SANB11 29.51 ▲ 1.41% ASAI3 8.84 ▲ 2.08% SBSP3 27.79 ▼ 0.79% WALMEX 48.75 ▼ 2.29% GMEXICO 222.10 ▲ 1.70% FEMSA 214.80 ▼ 1.20% CEMEX 19.99 ▼ 0.45% GFNORTE 198.39 ▲ 0.33% BIMBO 61.42 ▲ 0.85% TELEVISA 9.55 ▼ 0.73% AMX 20.76 ▼ 3.35% GAP 375.96 ▼ 1.34% ASUR 273.51 ▼ 1.01% OMA 237.50 ▼ 0.56% KOF 187.11 ▼ 0.23% GRUMA 259.15 ▼ 1.48% KIMBER 40.25 ▼ 0.15% SQM-B 63,450 ▲ 1.60% COPEC 6,242 ▲ 0.21% BSANTANDER 80.40 ▲ 1.26% FALABELLA 6,335 ▲ 1.19% ENELAM 87.70 — 0.00% CENCOSUD 2,012 ▲ 1.27% CMPC 1,036 ▼ 0.43% BANCO CHILE 191.00 ▲ 1.05% LATAM AIR 26.33 ▲ 3.46% YPF 7,665 ▼ 2.23% GGAL 7,630 ▼ 1.42% PAMPA 5,310 ▼ 0.93% TXAR 683.00 ▲ 5.97% ALUAR 941.50 ▲ 0.91% TGS 9,280 ▼ 1.59% CEPU 2,266 ▼ 1.39% MIRGOR 1,620 ▼ 1.22% COME 41.40 ▼ 1.19% LOMA NEGRA 3,495 ▲ 0.50% BYMA 287.50 ▼ 1.37% TELECOM ARG 4,320 ▼ 0.35% ECOPETROL 16.41 ▲ 0.61% BANCOLOMBIA 90.60 ▲ 0.66% GRUPO AVAL 5.33 ▲ 2.21% CREDICORP 397.09 ▲ 1.27% SOUTHERN COPPER 198.74 ▲ 1.83% BUENAVENTURA 32.80 ▲ 1.67% MERCADOLIBRE 1,917 ▲ 1.48% NUBANK 14.44 ▲ 0.77% XP 17.10 ▲ 0.77% PAGSEGURO 9.47 ▼ 0.37% STONE 11.20 ▼ 0.31% GLOBANT 38.16 ▲ 0.07% TECNOGLASS 48.10 ▲ 3.97% GAP AIRPORT 218.03 ▼ 1.21% ASUR 273.51 ▼ 1.01% OMA AIRPORT 110.37 ▼ 0.57% AMX ADR 24.04 ▼ 3.38% FEMSA ADR 124.28 ▼ 1.58% CEMEX ADR 11.59 ▼ 0.22% PETROBRAS ADR 18.41 ▼ 1.66% VALE ADR 14.92 ▲ 0.57% ITAU ADR 8.33 ▲ 1.71% SANTANDER BR 5.80 ▲ 2.11% AMBEV ADR 3.04 — 0.00% CSN 0.97 ▲ 3.78% GERDAU 5.16 ▲ 1.08% LATAM ADR 57.57 ▲ 3.43% BTC 64,864 ▲ 1.26% ETH 1,918 ▲ 2.64% SOL 74.39 ▲ 0.91% XRP 1.07 ▼ 0.36% BNB 599.68 ▲ 1.16% ADA 0.19 ▼ 1.55% DOGE 0.07 ▲ 0.27% AVAX 6.67 ▼ 0.19% LINK 8.21 ▲ 0.79% DOT 0.85 ▼ 0.55% LTC 45.19 ▲ 0.80% BCH 215.34 ▲ 1.00% TRX 0.33 ▲ 0.24% XLM 0.17 ▼ 0.73% HBAR 0.07 ▲ 0.54% NEAR 1.71 ▼ 1.12% ATOM 1.35 ▼ 1.91% AAVE 90.29 ▼ 0.13% SELIC 14.25% — EMBRAER 92.56 ▲ 2.26% EMBRAER ADR 72.24 ▲ 2.43% JBS 13.74 ▲ 0.92% JBS BDR 70.34 ▲ 0.39% MBRF3 16.92 ▼ 0.06% MBRFY 3.25 ▼ 0.61% INTER 5.80 ▲ 1.75% EGX 54,660 ▲ 0.29% USD/ZAR 16.32 ▼ 0.44% USD/NGN 1,360 ▼ 0.02% NIKKEI 66,300 ▲ 3.66% CSI300 4,658 ▲ 1.24% HSI 25,916 ▲ 0.24% NIFTY 24,625 ▲ 0.04% KOSPI 6,598 ▲ 3.76% JCI 6,351 ▲ 0.50% USD/JPY 157.70 ▼ 0.05% USD/CNY 6.7402 — 0.00% DAX 26,126 ▼ 0.29% CAC 8,669 ▲ 0.03% FTSE 10,888 ▲ 0.08% MIB 53,447 ▼ 0.18% IBEX 20,057 ▲ 0.17% STOXX 657.14 ▲ 0.04% EUR/USD 1.1555 ▲ 0.18% GBP/USD 1.3468 ▲ 0.12% SPX 7,741 ▲ 0.06% DJI 54,487 ▲ 0.74% NDX 29,644 ▼ 0.30% RUT 3,026 ▼ 0.37% TSX 36,229 ▲ 1.19% VIX 15.57 ▼ 5.64% USD/CAD 1.4008 ▼ 0.41% US10Y 4.6150 ▼ 0.26%

Brazil Business - Brazil

Shift in Foreign Investor Profile Due to Rising Corruption in Brazil

By Richard Mann · February 21, 2024 · 1 min read

Brazil has seen a significant drop in the Transparency International Corruption Perceptions Index, descending ten spots to 104th.

It now ranks behind nations like Cuba and Ethiopia and ties with Ukraine.

This downturn, the first since 2018, brings Brazil’s score to 36 out of 100, below both the global and OECD averages.

The nation’s decline has prompted strong governmental and judicial backlash.

However, Emanuel Pessoa, an expert in international law, points out the broader implications for foreign investment.

Shift in Foreign Investor Profile Due to Rising Corruption in Brazil. (Photo Internet reproduction)

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He notes that countries with stringent anti-corruption laws often decrease investments in nations perceived as corrupt.

The perpetuation of corruption in Brazil is attracting investors who tolerate corrupt practices, thereby sustaining the cycle.

Pessoa advocates streamlining Brazil’s judicial process and enhancing corporate compliance to combat corruption effectively.

Implementing comprehensive integrity programs can educate and encourage compliance, thereby mitigating corruption’s impact and potentially reducing legal penalties.

Pessoa stresses fighting corruption is vital for Brazil’s integrity, urging systemic reforms to attract responsible foreign investors.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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Shift in Foreign Investor Profile Due to Rising Corruption in Brazil

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