IBOV 171,259 ▲ 0.52% IPSA 10,770 ▼ 1.21% IPC MEX 66,848 ▼ 0.41% MERVAL 3,248,428 ▼ 0.89% COLCAP 2,347.07 ▼ 1.93% BVL PERÚ 57,045.35 ▼ 0.46% USD/BRL5.18▲ 0.78% USD/MXN17.55▲ 0.99% USD/CLP913.39▲ 0.76% USD/COP3,419▼ 0.76% USD/PEN3.39▲ 0.07% USD/ARS1,471▲ 0.62% USD/UYU39.91▲ 1.23% USD/PYG6,064▲ 0.60% USD/BOB6.86▲ 1.93% USD/DOP58.11▲ 0.62% USD/CRC452.10▲ 2.42% USD/GTQ7.62▲ 2.31% USD/HNL26.68▲ 1.40% USD/NIO36.62▲ 0.72% USD/VES619.98▲ 5.68% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.69▲ 0.16% USD/TTD6.69▲ 0.58% EUR/BRL5.90▼ 0.02% BRENT 76.75 ▼ 1.48% WTI 72.86 ▼ 2.62% IRON ORE 161.91 — — COPPER 6.13 ▼ 3.63% GOLD 4,098 ▼ 2.02% SILVER 61.56 ▼ 6.05% SOY 1,144 ▲ 2.55% CORN 437.75 ▲ 6.38% WHEAT 597.00 ▼ 0.08% COFFEE 275.75 ▼ 0.45% SUGAR 13.93 ▲ 4.34% ORANGE JUICE 151.05 ▼ 2.30% COTTON 78.50 ▲ 4.37% COCOA 4,661 ▲ 3.01% BEEF 246.05 ▼ 3.82% CATTLE 368.28 ▼ 0.58% LITHIUM 78.43 ▼ 5.01% PETR4 39.33 ▲ 0.41% VALE3 79.38 ▼ 1.89% ITUB4 41.05 ▲ 0.27% BBDC4 17.84 ▲ 0.91% ABEV3 16.37 ▲ 1.52% BBAS3 19.86 ▲ 1.43% B3SA3 14.72 ▲ 0.14% WEGE3 45.71 ▲ 1.02% PRIO3 56.10 ▼ 1.02% SUZB3 41.95 ▼ 0.21% RENT3 41.78 ▲ 2.35% AZZA3 20.10 ▲ 3.61% CSAN3 3.75 ▲ 2.74% RAIZ4 0.42 — 0.00% PCAR3 2.08 ▲ 1.96% GMAT3 3.84 ▲ 1.32% PSSA3 52.19 ▼ 1.02% CVCB3 1.32 ▲ 4.76% POSI3 3.86 ▼ 1.03% SLCE3 13.46 ▲ 0.30% NATU3 7.72 ▲ 0.65% BRKM5 7.60 ▲ 2.29% RANI3 7.63 ▼ 0.65% CSNA3 5.27 ▼ 1.31% CMIN3 4.28 ▼ 0.47% USIM5 8.66 ▼ 4.94% GGBR4 21.70 ▼ 0.91% ENEV3 25.20 ▲ 2.31% NEOE3 33.80 — 0.00% CPFE3 44.12 ▼ 0.56% CMIG4 10.99 ▲ 0.46% EQTL3 38.20 ▲ 1.46% LREN3 14.54 ▲ 1.04% VIVT3 34.28 ▲ 2.21% RAIL3 12.90 ▲ 3.45% KLABIN 16.81 ▼ 0.71% RAIA DROGASIL 17.00 ▲ 1.25% RDOR3 34.34 ▲ 1.51% HAPV3 10.28 ▼ 3.11% FLRY3 15.07 ▲ 0.67% SMTO3 14.77 ▲ 1.16% UGPA3 25.49 ▲ 1.07% VBBR3 29.39 ▲ 1.58% BBSE3 38.27 ▼ 0.93% BPAC11 52.80 ▲ 1.13% CURY3 34.33 ▲ 1.36% AERI3 2.13 ▼ 1.39% VIVARA 21.88 ▲ 4.64% COMPASS 25.10 ▲ 2.57% VAMOS 2.81 ▲ 2.18% SANB11 26.75 ▼ 0.74% ASAI3 7.94 ▲ 3.12% SBSP3 28.16 ▲ 0.90% WALMEX 50.68 ▲ 0.22% GMEXICO 206.10 ▼ 1.87% FEMSA 223.29 ▲ 2.70% CEMEX 21.37 ▼ 1.79% GFNORTE 184.55 ▼ 1.77% BIMBO 56.02 ▼ 0.36% TELEVISA 9.50 — 0.00% AMX 22.74 ▲ 0.35% GAP 426.86 ▼ 1.15% ASUR 296.01 ▼ 1.41% OMA 235.06 ▼ 1.00% KOF 188.09 ▲ 1.68% GRUMA 280.58 ▼ 1.13% KIMBER 37.17 ▼ 0.83% SQM-B 70,150 ▼ 1.41% COPEC 5,967 ▼ 0.22% BSANTANDER 73.00 ▼ 2.58% FALABELLA 5,686 ▼ 3.61% ENELAM 82.80 ▼ 0.72% CENCOSUD 2,159 ▼ 0.05% CMPC 1,043 ▼ 0.48% BANCO CHILE 178.10 ▼ 2.14% LATAM AIR 25.35 ▼ 0.08% YPF 74,700 ▼ 1.06% GGAL 7,965 ▼ 2.45% PAMPA 5,120 ▼ 0.97% TXAR 681.00 ▲ 2.79% ALUAR 1,033 ▲ 2.68% TGS 9,460 ▼ 2.12% CEPU 2,345 ▼ 1.39% MIRGOR 16,425 ▲ 0.15% COME 44.24 ▼ 0.81% LOMA NEGRA 3,810 ▲ 5.03% BYMA 318.50 ▲ 0.32% TELECOM ARG 4,048 ▼ 0.25% ECOPETROL 15.51 ▼ 4.55% BANCOLOMBIA 80.97 ▼ 0.38% GRUPO AVAL 5.31 ▼ 0.56% CREDICORP 368.77 ▼ 3.10% SOUTHERN COPPER 178.57 ▼ 5.97% BUENAVENTURA 31.00 ▼ 4.35% MERCADOLIBRE 1,584 ▼ 0.36% NUBANK 12.59 ▼ 1.56% XP 15.72 ▼ 1.69% PAGSEGURO 8.76 ▼ 0.57% STONE 10.72 ▼ 0.19% GLOBANT 29.28 ▼ 2.30% TECNOGLASS 45.38 ▼ 1.71% GAP AIRPORT 244.10 ▼ 1.94% ASUR 296.01 ▼ 1.41% OMA AIRPORT 107.66 ▼ 1.83% AMX ADR 25.85 ▼ 0.88% FEMSA ADR 127.11 ▲ 1.56% CEMEX ADR 12.16 ▼ 3.34% PETROBRAS ADR 17.03 ▲ 0.12% VALE ADR 15.31 ▼ 2.55% ITAU ADR 7.94 ▲ 0.13% SANTANDER BR 5.26 ▼ 0.94% AMBEV ADR 3.17 ▲ 0.80% CSN 1.04 ▼ 0.95% GERDAU 4.17 ▼ 1.88% LATAM ADR 55.74 ▲ 0.02% BTC 62,693 ▼ 1.97% ETH 1,666 ▼ 3.51% SOL 69.62 ▼ 3.18% XRP 1.11 ▼ 2.09% BNB 577.68 ▼ 2.07% ADA 0.15 ▼ 3.86% DOGE 0.08 ▼ 3.93% AVAX 6.42 ▲ 3.01% LINK 7.61 ▼ 3.29% DOT 0.91 ▼ 2.67% LTC 41.98 ▼ 5.75% BCH 194.70 ▼ 1.30% TRX 0.33 ▼ 1.53% XLM 0.19 ▼ 4.28% HBAR 0.08 ▼ 1.12% NEAR 1.98 ▼ 4.30% ATOM 1.72 ▼ 4.06% AAVE 71.96 ▼ 4.11% SELIC 14.25% EMBRAER 78.80 ▲ 0.59% EMBRAER ADR 61.08 ▲ 0.20% JBS 12.23 ▲ 2.60% JBS BDR 62.80 ▲ 1.45% MBRF3 16.80 ▲ 9.88% MBRFY 3.15 — 0.00% INTER 5.33 ▼ 1.11% EGX 51,770 ▼ 1.55% USD/ZAR16.55▲ 0.87% USD/NGN 1,366 — 0.00% NIKKEI 69,501 ▼ 0.41% CSI300 4,911 ▼ 0.18% HSI 23,494 ▲ 0.68% NIFTY 23,824 ▼ 1.16% KOSPI 8,486 ▲ 3.44% JCI 6,101 ▼ 0.25% USD/JPY161.55▼ 0.01% USD/CNY6.79▲ 0.23% DAX 24,894 ▼ 0.98% CAC 8,341 ▼ 0.71% FTSE 10,429 ▼ 0.09% MIB 52,024 ▼ 1.56% IBEX 19,477 ▼ 0.34% STOXX 634.63 ▼ 0.73% EUR/USD1.14▼ 0.44% GBP/USD1.32▼ 0.04% SPX 7,365 ▼ 1.44% DJI 51,667 ▼ 0.09% NDX 29,347 ▼ 3.29% RUT 2,975 ▼ 0.14% TSX 34,927 ▼ 0.21% VIX 19.49 ▲ 18.84% USD/CAD1.42▲ 0.34% US10Y 4.4930 ▼ 0.35% IBOV 171,259 ▲ 0.52% IPSA 10,770 ▼ 1.21% IPC MEX 66,848 ▼ 0.41% MERVAL 3,248,428 ▼ 0.89% COLCAP 2,347.07 ▼ 1.93% BVL PERÚ 57,045.35 ▼ 0.46% USD/BRL 5.18 ▲ 0.78% USD/MXN 17.55 ▲ 0.99% USD/CLP 913.39 ▲ 0.76% USD/COP 3,419 ▼ 0.76% USD/PEN 3.39 ▲ 0.07% USD/ARS 1,471 ▲ 0.62% USD/UYU 39.91 ▲ 1.23% USD/PYG 6,064 ▲ 0.60% USD/BOB 6.86 ▲ 1.93% USD/DOP 58.11 ▲ 0.62% USD/CRC 452.10 ▲ 2.42% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.68 ▲ 1.40% USD/NIO 36.62 ▲ 0.72% USD/VES 619.98 ▲ 5.68% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.69 ▲ 0.12% USD/TTD 6.69 ▲ 0.53% EUR/BRL 5.90 ▼ 0.02% BRENT 76.75 ▼ 1.48% WTI 72.86 ▼ 2.62% IRON ORE 161.91 — — COPPER 6.13 ▼ 3.63% GOLD 4,098 ▼ 2.02% SILVER 61.56 ▼ 6.05% SOY 1,144 ▲ 2.55% CORN 437.75 ▲ 6.38% WHEAT 597.00 ▼ 0.08% COFFEE 275.75 ▼ 0.45% SUGAR 13.93 ▲ 4.34% ORANGE JUICE 151.05 ▼ 2.30% COTTON 78.50 ▲ 4.37% COCOA 4,661 ▲ 3.01% BEEF 246.05 ▼ 3.82% CATTLE 368.28 ▼ 0.58% LITHIUM 78.43 ▼ 5.01% PETR4 39.33 ▲ 0.41% VALE3 79.38 ▼ 1.89% ITUB4 41.05 ▲ 0.27% BBDC4 17.84 ▲ 0.91% ABEV3 16.37 ▲ 1.52% BBAS3 19.86 ▲ 1.43% B3SA3 14.72 ▲ 0.14% WEGE3 45.71 ▲ 1.02% PRIO3 56.10 ▼ 1.02% SUZB3 41.95 ▼ 0.21% RENT3 41.78 ▲ 2.35% AZZA3 20.10 ▲ 3.61% CSAN3 3.75 ▲ 2.74% RAIZ4 0.42 — 0.00% PCAR3 2.08 ▲ 1.96% GMAT3 3.84 ▲ 1.32% PSSA3 52.19 ▼ 1.02% CVCB3 1.32 ▲ 4.76% POSI3 3.86 ▼ 1.03% SLCE3 13.46 ▲ 0.30% NATU3 7.72 ▲ 0.65% BRKM5 7.60 ▲ 2.29% RANI3 7.63 ▼ 0.65% CSNA3 5.27 ▼ 1.31% CMIN3 4.28 ▼ 0.47% USIM5 8.66 ▼ 4.94% GGBR4 21.70 ▼ 0.91% ENEV3 25.20 ▲ 2.31% NEOE3 33.80 — 0.00% CPFE3 44.12 ▼ 0.56% CMIG4 10.99 ▲ 0.46% EQTL3 38.20 ▲ 1.46% LREN3 14.54 ▲ 1.04% VIVT3 34.28 ▲ 2.21% RAIL3 12.90 ▲ 3.45% KLABIN 16.81 ▼ 0.71% RAIA DROGASIL 17.00 ▲ 1.25% RDOR3 34.34 ▲ 1.51% HAPV3 10.28 ▼ 3.11% FLRY3 15.07 ▲ 0.67% SMTO3 14.77 ▲ 1.16% UGPA3 25.49 ▲ 1.07% VBBR3 29.39 ▲ 1.58% BBSE3 38.27 ▼ 0.93% BPAC11 52.80 ▲ 1.13% CURY3 34.33 ▲ 1.36% AERI3 2.13 ▼ 1.39% VIVARA 21.88 ▲ 4.64% COMPASS 25.10 ▲ 2.57% VAMOS 2.81 ▲ 2.18% SANB11 26.75 ▼ 0.74% ASAI3 7.94 ▲ 3.12% SBSP3 28.16 ▲ 0.90% WALMEX 50.68 ▲ 0.22% GMEXICO 206.10 ▼ 1.87% FEMSA 223.29 ▲ 2.70% CEMEX 21.37 ▼ 1.79% GFNORTE 184.55 ▼ 1.77% BIMBO 56.02 ▼ 0.36% TELEVISA 9.50 — 0.00% AMX 22.74 ▲ 0.35% GAP 426.86 ▼ 1.15% ASUR 296.01 ▼ 1.41% OMA 235.06 ▼ 1.00% KOF 188.09 ▲ 1.68% GRUMA 280.58 ▼ 1.13% KIMBER 37.17 ▼ 0.83% SQM-B 70,150 ▼ 1.41% COPEC 5,967 ▼ 0.22% BSANTANDER 73.00 ▼ 2.58% FALABELLA 5,686 ▼ 3.61% ENELAM 82.80 ▼ 0.72% CENCOSUD 2,159 ▼ 0.05% CMPC 1,043 ▼ 0.48% BANCO CHILE 178.10 ▼ 2.14% LATAM AIR 25.35 ▼ 0.08% YPF 74,700 ▼ 1.06% GGAL 7,965 ▼ 2.45% PAMPA 5,120 ▼ 0.97% TXAR 681.00 ▲ 2.79% ALUAR 1,033 ▲ 2.68% TGS 9,460 ▼ 2.12% CEPU 2,345 ▼ 1.39% MIRGOR 16,425 ▲ 0.15% COME 44.24 ▼ 0.81% LOMA NEGRA 3,810 ▲ 5.03% BYMA 318.50 ▲ 0.32% TELECOM ARG 4,048 ▼ 0.25% ECOPETROL 15.51 ▼ 4.55% BANCOLOMBIA 80.97 ▼ 0.38% GRUPO AVAL 5.31 ▼ 0.56% CREDICORP 368.77 ▼ 3.10% SOUTHERN COPPER 178.57 ▼ 5.97% BUENAVENTURA 31.00 ▼ 4.35% MERCADOLIBRE 1,584 ▼ 0.36% NUBANK 12.59 ▼ 1.56% XP 15.72 ▼ 1.69% PAGSEGURO 8.76 ▼ 0.57% STONE 10.72 ▼ 0.19% GLOBANT 29.28 ▼ 2.30% TECNOGLASS 45.38 ▼ 1.71% GAP AIRPORT 244.10 ▼ 1.94% ASUR 296.01 ▼ 1.41% OMA AIRPORT 107.66 ▼ 1.83% AMX ADR 25.85 ▼ 0.88% FEMSA ADR 127.11 ▲ 1.56% CEMEX ADR 12.16 ▼ 3.34% PETROBRAS ADR 17.03 ▲ 0.12% VALE ADR 15.31 ▼ 2.55% ITAU ADR 7.94 ▲ 0.13% SANTANDER BR 5.26 ▼ 0.94% AMBEV ADR 3.17 ▲ 0.80% CSN 1.04 ▼ 0.95% GERDAU 4.17 ▼ 1.88% LATAM ADR 55.74 ▲ 0.02% BTC 62,693 ▼ 1.97% ETH 1,666 ▼ 3.51% SOL 69.62 ▼ 3.18% XRP 1.11 ▼ 2.09% BNB 577.68 ▼ 2.07% ADA 0.15 ▼ 3.86% DOGE 0.08 ▼ 3.93% AVAX 6.42 ▲ 3.01% LINK 7.61 ▼ 3.29% DOT 0.91 ▼ 2.67% LTC 41.98 ▼ 5.75% BCH 194.70 ▼ 1.30% TRX 0.33 ▼ 1.53% XLM 0.19 ▼ 4.28% HBAR 0.08 ▼ 1.12% NEAR 1.98 ▼ 4.30% ATOM 1.72 ▼ 4.06% AAVE 71.96 ▼ 4.11% SELIC 14.25% EMBRAER 78.80 ▲ 0.59% EMBRAER ADR 61.08 ▲ 0.20% JBS 12.23 ▲ 2.60% JBS BDR 62.80 ▲ 1.45% MBRF3 16.80 ▲ 9.88% MBRFY 3.15 — 0.00% INTER 5.33 ▼ 1.11% EGX 51,770 ▼ 1.55% USD/ZAR 16.54 ▲ 0.21% USD/NGN 1,366 — 0.00% NIKKEI 69,501 ▼ 0.41% CSI300 4,911 ▼ 0.18% HSI 23,494 ▲ 0.68% NIFTY 23,824 ▼ 1.16% KOSPI 8,486 ▲ 3.44% JCI 6,101 ▼ 0.25% USD/JPY 161.56 ▲ 0.02% USD/CNY 6.7886 ▲ 0.06% DAX 24,894 ▼ 0.98% CAC 8,341 ▼ 0.71% FTSE 10,429 ▼ 0.09% MIB 52,024 ▼ 1.56% IBEX 19,477 ▼ 0.34% STOXX 634.63 ▼ 0.73% EUR/USD 1.1379 ▼ 0.08% GBP/USD 1.3202 ▼ 0.01% SPX 7,365 ▼ 1.44% DJI 51,667 ▼ 0.09% NDX 29,347 ▼ 3.29% RUT 2,975 ▼ 0.14% TSX 34,927 ▼ 0.21% VIX 19.49 ▲ 18.84% USD/CAD 1.4207 ▲ 0.01% US10Y 4.4930 ▼ 0.35%
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Business - Brazil Latin America

South American Countries Create New Regional Bloc

By · March 25, 2019 · 2 min read

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By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – The leaders of Latin American countries met in Santiago, Chile last week are discussing the creation of Prosur, a new regional bloc to replace the Union of South American Nations (Unasur).

Brazil,Eleven South American leaders met in Santiago, Chile to talk about cooperation.
Eleven South American leaders are meeting in Santiago, Chile to talk about cooperation, photo courtesy of Alex Ibanez/Chilean Government.
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“Unasur is practically extinct today. We cannot admit that countries’ policies remain driven by ideologies, that is all,” said Brazilian President Jair Bolsonaro about the regional bloc which is being substituted.

Among the heads of state attending the meeting in Santiago, were the presidents of Brazil, Chile, Argentina, Colombia, Uruguay, Peru, Paraguay, Ecuador, Bolivia, Suriname and Guyana.
Chile’s President Sebastian Piñera said on Friday that the objective of the meeting is to create a ‘forum without ideologies’ and discuss economic integration.

“We want to create a dialogue forum,” Piñera said at the opening of the meeting in Santiago. “A forum without ideologies, without bureaucracies; frank and direct with democracy and [preservation of] human rights”, concluded the Chilean leader.

Eight heads of state signed the Declaration on the Renewal and Strengthening of South American Integration, dubbed the Declaration of Santiago, was signed in Santiago, Chile, by the heads of state of Argentina, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay and Peru.

According to the Declaration of Santiago, the objectives of the bloc will be implemented gradually, and ‘will address integration issues in infrastructure, energy, health, defense, security and crime prevention, natural disaster prevention and management’.

“Today was a good day for collaboration, dialogue, understanding and integration of South America. For more than five years, the presidents had not yet had the opportunity to meet to face the problems of the present and take on the challenges of the future,” said Piñera after the signing ceremony.

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