IBOV 173,768.17 ▼ 0.03% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.16% USD/MXN17.53▲ 0.61% USD/CLP934.38▲ 1.01% USD/COP3,254▲ 0.71% USD/PEN3.41▲ 0.75% USD/ARS1,478▲ 0.17% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.62▲ 0.89% USD/TTD6.74▲ 1.70% EUR/BRL5.84▲ 0.14% BRENT 87.89 ▲ 4.35% WTI 81.56 ▲ 3.31% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.46% GOLD 4,017 ▲ 0.79% SILVER 56.36 ▲ 0.82% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.35 ▼ 0.74% PETR4 40.87 ▲ 2.46% VALE3 72.61 ▼ 0.51% ITUB4 41.90 ▼ 1.53% BBDC4 18.24 ▼ 0.92% ABEV3 15.54 ▼ 0.38% BBAS3 20.30 ▼ 2.22% B3SA3 15.23 ▼ 1.04% WEGE3 43.53 ▲ 0.09% PRIO3 57.75 ▲ 1.69% SUZB3 41.91 ▲ 0.50% RENT3 38.10 ▼ 1.96% AZZA3 18.36 ▼ 0.92% CSAN3 3.87 ▼ 0.26% RAIZ4 0.27 ▼ 6.90% PCAR3 2.56 ▼ 1.16% GMAT3 3.91 ▼ 0.26% PSSA3 54.96 ▼ 0.47% CVCB3 1.26 ▼ 6.67% POSI3 3.77 ▼ 2.84% SLCE3 13.51 ▼ 0.73% NATU3 8.58 ▲ 0.23% BRKM5 6.24 ▲ 2.30% RANI3 7.96 ▼ 1.49% CSNA3 5.04 ▼ 1.18% CMIN3 5.29 ▼ 2.94% USIM5 8.25 ▲ 4.43% GGBR4 23.97 ▲ 0.25% ENEV3 25.86 ▼ 0.35% CPFE3 47.12 ▼ 0.15% CMIG4 11.16 ▲ 0.63% EQTL3 39.49 ▼ 0.90% LREN3 13.27 ▼ 2.78% VIVT3 35.71 ▲ 0.68% RAIL3 13.75 ▼ 1.29% KLABIN 17.53 ▲ 0.98% RAIA DROGASIL 18.41 ▼ 0.59% RDOR3 35.67 ▼ 0.56% HAPV3 11.37 ▲ 3.84% FLRY3 16.65 ▲ 1.40% SMTO3 15.44 ▼ 1.78% UGPA3 32.09 ▲ 0.31% VBBR3 34.71 ▲ 0.99% BBSE3 40.83 ▼ 0.85% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.03 ▲ 0.50% VIVARA 22.67 ▼ 2.91% COMPASS 24.80 ▼ 0.44% VAMOS 3.20 ▲ 1.27% SANB11 26.68 ▼ 0.56% ASAI3 8.42 ▼ 1.64% SBSP3 29.25 ▼ 0.17% WALMEX 49.67 ▲ 0.22% GMEXICO 200.38 ▲ 0.57% FEMSA 223.83 ▼ 0.55% CEMEX 22.62 ▼ 0.70% GFNORTE 180.40 ▲ 0.01% BIMBO 58.00 ▲ 0.14% TELEVISA 9.60 ▲ 0.95% AMX 23.16 ▲ 1.67% GAP 387.06 ▼ 1.20% ASUR 279.69 ▼ 0.44% OMA 231.07 ▼ 0.87% KOF 180.00 ▲ 0.58% GRUMA 286.30 ▼ 0.02% KIMBER 38.65 ▼ 0.34% SQM-B 65,141 ▼ 1.38% COPEC 6,203 ▲ 1.26% BSANTANDER 77.23 ▼ 1.19% FALABELLA 5,886 ▲ 0.57% ENELAM 84.80 — 0.00% CENCOSUD 2,001 ▼ 0.20% CMPC 1,080 ▲ 0.56% BANCO CHILE 188.46 ▼ 0.22% LATAM AIR 24.93 ▼ 1.85% YPF 77,600 ▲ 2.00% GGAL 7,795 ▼ 0.89% PAMPA 5,175 ▲ 1.27% TXAR 664.00 ▲ 0.30% ALUAR 945.00 ▲ 0.53% TGS 9,350 ▼ 0.37% CEPU 2,259 ▼ 0.04% MIRGOR 16,525 ▼ 1.34% COME 43.93 ▼ 1.19% LOMA NEGRA 3,515 ▼ 1.19% BYMA 300.00 ▼ 0.50% TELECOM ARG 4,170 ▼ 0.24% ECOPETROL 15.99 ▲ 1.20% BANCOLOMBIA 80.23 ▲ 0.96% GRUPO AVAL 4.96 ▼ 0.20% CREDICORP 389.78 ▲ 0.60% SOUTHERN COPPER 172.72 ▼ 1.68% BUENAVENTURA 30.15 ▼ 0.07% MERCADOLIBRE 1,822 ▼ 1.93% NUBANK 13.61 ▼ 1.34% XP 16.70 ▲ 0.09% PAGSEGURO 9.08 ▼ 0.77% STONE 11.11 ▼ 0.85% GLOBANT 32.63 ▲ 1.34% TECNOGLASS 45.40 ▼ 3.06% GAP AIRPORT 220.62 ▼ 2.06% ASUR 279.69 ▼ 0.44% OMA AIRPORT 105.47 ▼ 1.63% AMX ADR 26.37 ▲ 0.89% FEMSA ADR 127.72 ▼ 1.37% CEMEX ADR 12.94 ▼ 1.26% PETROBRAS ADR 17.90 ▲ 2.46% VALE ADR 14.18 ▼ 0.30% ITAU ADR 8.18 ▼ 1.45% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.02 ▼ 1.15% CSN 0.99 ▼ 0.73% GERDAU 4.72 ▼ 0.11% LATAM ADR 52.75 ▼ 0.81% BTC 64,291 ▲ 0.79% ETH 1,845 ▼ 0.96% SOL 75.22 ▼ 0.07% XRP 1.09 ▲ 0.54% BNB 567.29 ▼ 0.86% ADA 0.17 ▲ 3.38% DOGE 0.07 ▲ 0.48% AVAX 6.62 ▲ 1.74% LINK 8.24 ▼ 1.09% DOT 0.86 ▼ 0.09% LTC 45.06 ▲ 0.26% BCH 220.45 ▼ 0.53% TRX 0.32 ▼ 0.07% XLM 0.19 ▲ 1.07% HBAR 0.07 ▼ 0.49% NEAR 1.93 ▼ 1.86% ATOM 1.52 ▲ 0.95% AAVE 90.88 ▼ 0.27% SELIC 14.25% EMBRAER 82.08 ▲ 0.38% EMBRAER ADR 64.24 ▼ 0.20% JBS 11.81 ▼ 1.87% JBS BDR 60.20 ▼ 2.11% MBRF3 14.72 ▼ 3.73% MBRFY 2.91 ▼ 0.68% INTER 5.38 ▼ 2.98% IBOV 173,768.17 ▼ 0.03% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.16% USD/MXN 17.53 ▲ 0.61% USD/CLP 934.36 ▲ 1.01% USD/COP 3,254 ▲ 0.71% USD/PEN 3.41 ▲ 0.75% USD/ARS 1,478 ▲ 0.17% USD/UYU 40.23 ▲ 1.74% USD/PYG 6,032 ▲ 1.81% USD/BOB 10.65 ▲ 4.37% USD/DOP 58.24 ▲ 1.37% USD/CRC 446.12 ▲ 1.44% USD/GTQ 7.62 ▲ 2.73% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.62 ▲ 0.89% USD/TTD 6.74 ▲ 1.70% EUR/BRL 5.84 ▲ 0.14% BRENT 87.89 ▲ 4.35% WTI 81.56 ▲ 3.31% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.46% GOLD 4,017 ▲ 0.79% SILVER 56.36 ▲ 0.82% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.35 ▼ 0.74% PETR4 40.87 ▲ 2.46% VALE3 72.61 ▼ 0.51% ITUB4 41.90 ▼ 1.53% BBDC4 18.24 ▼ 0.92% ABEV3 15.54 ▼ 0.38% BBAS3 20.30 ▼ 2.22% B3SA3 15.23 ▼ 1.04% WEGE3 43.53 ▲ 0.09% PRIO3 57.75 ▲ 1.69% SUZB3 41.91 ▲ 0.50% RENT3 38.10 ▼ 1.96% AZZA3 18.36 ▼ 0.92% CSAN3 3.87 ▼ 0.26% RAIZ4 0.27 ▼ 6.90% PCAR3 2.56 ▼ 1.16% GMAT3 3.91 ▼ 0.26% PSSA3 54.96 ▼ 0.47% CVCB3 1.26 ▼ 6.67% POSI3 3.77 ▼ 2.84% SLCE3 13.51 ▼ 0.73% NATU3 8.58 ▲ 0.23% BRKM5 6.24 ▲ 2.30% RANI3 7.96 ▼ 1.49% CSNA3 5.04 ▼ 1.18% CMIN3 5.29 ▼ 2.94% USIM5 8.25 ▲ 4.43% GGBR4 23.97 ▲ 0.25% ENEV3 25.86 ▼ 0.35% CPFE3 47.12 ▼ 0.15% CMIG4 11.16 ▲ 0.63% EQTL3 39.49 ▼ 0.90% LREN3 13.27 ▼ 2.78% VIVT3 35.71 ▲ 0.68% RAIL3 13.75 ▼ 1.29% KLABIN 17.53 ▲ 0.98% RAIA DROGASIL 18.41 ▼ 0.59% RDOR3 35.67 ▼ 0.56% HAPV3 11.37 ▲ 3.84% FLRY3 16.65 ▲ 1.40% SMTO3 15.44 ▼ 1.78% UGPA3 32.09 ▲ 0.31% VBBR3 34.71 ▲ 0.99% BBSE3 40.83 ▼ 0.85% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.03 ▲ 0.50% VIVARA 22.67 ▼ 2.91% COMPASS 24.80 ▼ 0.44% VAMOS 3.20 ▲ 1.27% SANB11 26.68 ▼ 0.56% ASAI3 8.42 ▼ 1.64% SBSP3 29.25 ▼ 0.17% WALMEX 49.67 ▲ 0.22% GMEXICO 200.38 ▲ 0.57% FEMSA 223.83 ▼ 0.55% CEMEX 22.62 ▼ 0.70% GFNORTE 180.40 ▲ 0.01% BIMBO 58.00 ▲ 0.14% TELEVISA 9.60 ▲ 0.95% AMX 23.16 ▲ 1.67% GAP 387.06 ▼ 1.20% ASUR 279.69 ▼ 0.44% OMA 231.07 ▼ 0.87% KOF 180.00 ▲ 0.58% GRUMA 286.30 ▼ 0.02% KIMBER 38.65 ▼ 0.34% SQM-B 65,141 ▼ 1.38% COPEC 6,203 ▲ 1.26% BSANTANDER 77.23 ▼ 1.19% FALABELLA 5,886 ▲ 0.57% ENELAM 84.80 — 0.00% CENCOSUD 2,001 ▼ 0.20% CMPC 1,080 ▲ 0.56% BANCO CHILE 188.46 ▼ 0.22% LATAM AIR 24.93 ▼ 1.85% YPF 77,600 ▲ 2.00% GGAL 7,795 ▼ 0.89% PAMPA 5,175 ▲ 1.27% TXAR 664.00 ▲ 0.30% ALUAR 945.00 ▲ 0.53% TGS 9,350 ▼ 0.37% CEPU 2,259 ▼ 0.04% MIRGOR 16,525 ▼ 1.34% COME 43.93 ▼ 1.19% LOMA NEGRA 3,515 ▼ 1.19% BYMA 300.00 ▼ 0.50% TELECOM ARG 4,170 ▼ 0.24% ECOPETROL 15.99 ▲ 1.20% BANCOLOMBIA 80.23 ▲ 0.96% GRUPO AVAL 4.96 ▼ 0.20% CREDICORP 389.78 ▲ 0.60% SOUTHERN COPPER 172.72 ▼ 1.68% BUENAVENTURA 30.15 ▼ 0.07% MERCADOLIBRE 1,822 ▼ 1.93% NUBANK 13.61 ▼ 1.34% XP 16.70 ▲ 0.09% PAGSEGURO 9.08 ▼ 0.77% STONE 11.11 ▼ 0.85% GLOBANT 32.63 ▲ 1.34% TECNOGLASS 45.40 ▼ 3.06% GAP AIRPORT 220.62 ▼ 2.06% ASUR 279.69 ▼ 0.44% OMA AIRPORT 105.47 ▼ 1.63% AMX ADR 26.37 ▲ 0.89% FEMSA ADR 127.72 ▼ 1.37% CEMEX ADR 12.94 ▼ 1.26% PETROBRAS ADR 17.90 ▲ 2.46% VALE ADR 14.18 ▼ 0.30% ITAU ADR 8.18 ▼ 1.45% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.02 ▼ 1.15% CSN 0.99 ▼ 0.73% GERDAU 4.72 ▼ 0.11% LATAM ADR 52.75 ▼ 0.81% BTC 64,291 ▲ 0.79% ETH 1,845 ▼ 0.96% SOL 75.22 ▼ 0.07% XRP 1.09 ▲ 0.54% BNB 567.29 ▼ 0.86% ADA 0.17 ▲ 3.38% DOGE 0.07 ▲ 0.48% AVAX 6.62 ▲ 1.74% LINK 8.24 ▼ 1.09% DOT 0.86 ▼ 0.09% LTC 45.06 ▲ 0.26% BCH 220.45 ▼ 0.53% TRX 0.32 ▼ 0.07% XLM 0.19 ▲ 1.07% HBAR 0.07 ▼ 0.49% NEAR 1.93 ▼ 1.86% ATOM 1.52 ▲ 0.95% AAVE 90.88 ▼ 0.27% SELIC 14.25% EMBRAER 82.08 ▲ 0.38% EMBRAER ADR 64.24 ▼ 0.20% JBS 11.81 ▼ 1.87% JBS BDR 60.20 ▼ 2.11% MBRF3 14.72 ▼ 3.73% MBRFY 2.91 ▼ 0.68% INTER 5.38 ▼ 2.98%
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Friday, July 17, 2026

Shifting Powers in Global Space Race

By · March 4, 2024 · 2 min read

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Russia’s space sector has seen a dramatic fall, with its satellite launch orders decreasing by 90% since the 2022 Ukraine invasion.

This shift has elevated the United States as the top space power. Meanwhile, India and China are stepping up to fill the gap Russia has left behind.

Europe used to depend on Russia for satellite launches. Yet, after the post-Ukraine conflict, it moved away.

Russia’s launches dropped from 35 in 2021 to merely three in recent years.

In response, Sweden is setting up its own launch site, aiming for independence in space transport.

Shifting Powers in Global Space Race
Shifting Powers in Global Space Race. (Photo Internet reproduction)
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Russia faces more than just lost business. Its space missions have encountered technical failures, and Roscosmos, the national space agency, is dealing with severe financial issues.

On the other hand, India and China are making significant strides.

India’s cost-effective launches have tripled its international satellite deployments in 2023. China, with ambitions to be a space leader, is slowly increasing its launches.

Space’s role goes beyond defense, with SpaceX capturing the communications satellite market. This dominance reinforces the U.S.’s position as the space superpower.

The space industry’s growth signals more competition and a future demand for rockets. Around the world, countries are planning new launch sites.

Japan has two launch sites but lacks the capacity for more launches.

Yet, with the successful launch of the H3 rocket and initiatives by companies like Space One, Japan shows promise in space innovation.

The Japanese government aims to significantly increase its rocket launches by the mid-2030s.

This ambition underlines the need for supportive government policies to nurture the development of advanced rocket technology and successful space ventures.

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