IBOV 177,284 ▼ 0.61% IPSA 10,421 ▼ 0.58% IPC MEX 67,977 ▼ 1.78% MERVAL 2,707,869 ▼ 1.44% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.05 ▼ 0.01% USD/MXN 17.33 ▲ 0.10% USD/CLP 908.88 ▲ 1.38% USD/COP 3,799 ▲ 0.20% USD/PEN 3.43 ▼ 0.01% USD/ARS 1,395 — 0.00% USD/UYU 40.07 — 0.00% USD/PYG 6,066 — 0.00% USD/BOB 6.86 — 0.00% USD/DOP 59.15 — 0.00% USD/CRC 451.24 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.61 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 516.67 ▼ 0.13% USD/PAB 1.00 ▲ 2.16% USD/BZD 2.00 ▲ 1.59% USD/JMD 157.28 ▲ 0.43% USD/TTD 6.74 ▲ 1.22% EUR/BRL 5.89 ▲ 0.19% BRENT 109.26 ▲ 3.35% WTI 101.02 ▼ 0.15% IRON ORE 161.91 — — COPPER 6.30 ▼ 4.15% GOLD 4,562 ▼ 2.48% SILVER 77.55 ▼ 8.67% SOY 1,177 ▲ 0.21% CORN 455.75 ▲ 0.94% WHEAT 635.75 ▼ 1.74% COFFEE 258.75 ▼ 12.12% SUGAR 14.78 ▼ 1.40% ORANGE JUICE 170.05 ▼ 6.21% COTTON 80.33 ▼ 4.30% COCOA 4,109 ▼ 1.91% BEEF 247.93 ▼ 1.65% CATTLE 361.45 ▼ 1.67% LITHIUM 84.08 ▼ 3.30% PETR4 45.47 ▲ 1.04% VALE3 83.50 ▲ 0.76% ITUB4 39.70 ▼ 1.73% BBDC4 17.69 ▼ 0.84% ABEV3 15.69 ▼ 0.51% BBAS3 20.70 ▼ 0.29% B3SA3 16.70 ▼ 1.36% WEGE3 43.13 ▼ 1.35% PRIO3 68.80 ▲ 2.24% SUZB3 41.70 ▼ 2.16% RENT3 42.98 ▼ 2.18% AZZA3 19.05 ▲ 1.06% CSAN3 4.41 ▼ 5.16% RAIZ4 0.45 ▲ 2.27% PCAR3 2.26 ▼ 1.74% GMAT3 4.34 ▲ 1.17% PSSA3 47.92 ▼ 1.60% CVCB3 1.81 ▼ 4.23% POSI3 3.88 ▼ 2.27% SLCE3 17.19 ▼ 0.87% NATU3 9.94 ▲ 1.53% BRKM5 12.21 ▲ 0.49% RANI3 7.85 ▼ 0.25% CSNA3 6.42 ▼ 3.75% CMIN3 4.72 ▼ 1.05% USIM5 9.12 ▼ 7.79% GGBR4 23.34 ▼ 1.02% ENEV3 25.06 ▼ 3.43% NEOE3 33.80 — 0.00% CPFE3 44.52 ▼ 1.53% CMIG4 11.27 ▼ 0.09% EQTL3 38.59 ▼ 0.54% LREN3 13.55 ▼ 1.24% VIVT3 35.52 ▼ 0.20% RAIL3 14.97 ▼ 1.96% KLABIN 16.43 ▼ 2.55% RAIA DROGASIL 19.59 ▼ 0.25% RDOR3 34.84 ▲ 0.26% HAPV3 12.45 ▼ 6.11% FLRY3 15.60 ▼ 2.26% SMTO3 18.25 ▼ 0.82% UGPA3 29.13 ▼ 1.42% VBBR3 33.12 ▼ 0.81% BBSE3 34.12 ▼ 1.04% BPAC11 54.50 ▼ 1.61% CURY3 30.37 ▼ 0.75% AERI3 2.42 ▼ 0.41% VIVARA 22.94 ▼ 0.26% COMPASS 25.90 ▼ 1.89% VAMOS 3.41 ▼ 2.29% SANB11 26.92 ▼ 0.81% ASAI3 8.50 ▼ 1.05% SBSP3 29.03 ▼ 1.66% WALMEX 54.82 ▲ 0.53% GMEXICO 202.10 ▼ 4.45% FEMSA 210.39 ▼ 0.01% CEMEX 21.82 ▼ 3.71% GFNORTE 184.04 ▼ 0.98% BIMBO 59.19 ▲ 0.27% TELEVISA 9.94 ▲ 1.43% AMX 23.13 ▼ 1.11% GAP 413.32 ▼ 1.41% ASUR 296.14 ▼ 1.66% OMA 222.96 ▼ 0.70% KOF 180.84 ▼ 0.13% GRUMA 298.23 ▲ 0.12% KIMBER 38.28 ▼ 0.55% SQM-B 76,590 ▼ 2.06% COPEC 6,145 ▼ 0.08% BSANTANDER 68.99 ▼ 0.16% FALABELLA 5,500 ▲ 1.08% ENELAM 75.75 ▼ 0.89% CENCOSUD 2,060 ▼ 3.06% CMPC 1,055 ▼ 0.94% BANCO CHILE 163.70 ▲ 0.13% LATAM AIR 21.54 ▼ 2.53% YPF 65,000 ▼ 0.46% GGAL 6,060 ▼ 2.02% PAMPA 4,720 ▼ 0.26% TXAR 615.00 ▲ 0.49% ALUAR 940.50 ▼ 0.42% TGS 8,750 ▼ 0.62% CEPU 2,049 ▼ 3.17% MIRGOR 17,225 ▼ 3.23% COME 42.52 ▼ 1.51% LOMA NEGRA 3,105 ▼ 1.82% BYMA 272.25 ▼ 2.77% TELECOM ARG 3,505 ▼ 4.24% ECOPETROL 13.11 ▼ 0.87% BANCOLOMBIA 63.16 ▼ 1.83% GRUPO AVAL 4.01 ▼ 5.20% CREDICORP 316.31 ▼ 3.47% SOUTHERN COPPER 176.78 ▼ 6.22% BUENAVENTURA 34.29 ▼ 7.70% MERCADOLIBRE 1,547 ▼ 3.77% NUBANK 12.19 ▼ 5.72% XP 17.47 ▼ 0.74% PAGSEGURO 8.86 ▼ 1.66% STONE 9.61 ▼ 0.93% GLOBANT 38.87 ▲ 14.06% TECNOGLASS 38.61 ▼ 5.90% GAP AIRPORT 238.45 ▼ 2.15% ASUR 296.14 ▼ 1.66% OMA AIRPORT 102.84 ▼ 1.57% AMX ADR 26.59 ▼ 1.85% FEMSA ADR 121.38 ▼ 0.70% CEMEX ADR 12.56 ▼ 4.60% PETROBRAS ADR 19.93 ▲ 0.76% VALE ADR 16.32 ▼ 1.57% ITAU ADR 7.84 ▼ 3.21% SANTANDER BR 5.34 ▼ 2.11% AMBEV ADR 3.07 — 0.00% CSN 1.26 ▼ 6.67% GERDAU 4.61 ▼ 2.12% LATAM ADR 46.91 ▼ 4.79% BTC 78,020 ▼ 0.14% ETH 2,184 ▲ 0.18% SOL 86.27 ▼ 0.31% XRP 1.41 ▼ 0.11% BNB 651.49 ▼ 0.72% ADA 0.25 ▼ 0.06% DOGE 0.11 ▲ 0.89% AVAX 9.29 ▼ 0.01% LINK 9.70 ▼ 0.16% DOT 1.27 ▲ 0.30% LTC 55.84 ▼ 0.60% BCH 412.16 ▼ 0.86% TRX 0.36 ▲ 0.62% XLM 0.15 ▼ 0.54% HBAR 0.09 ▼ 0.38% NEAR 1.52 ▲ 1.55% ATOM 2.07 ▲ 1.19% AAVE 90.54 ▲ 0.52% SELIC 14.50% EMBRAER 71.25 ▼ 1.76% EMBRAER ADR 55.76 ▼ 5.04% JBS 13.48 ▼ 3.58% JBS BDR 68.50 ▼ 1.72% MBRF3 17.42 — 0.00% MBRFY 3.43 ▼ 2.83% INTER 5.85 ▼ 3.47% EGX 52,364 ▼ 1.97% USD/ZAR 16.68 ▲ 1.37% USD/NGN 1,367 ▼ 0.04% NIKKEI 61,409 ▼ 1.99% CSI300 4,860 ▼ 1.12% HSI 25,963 ▼ 1.62% NIFTY 23,644 ▼ 0.19% KOSPI 7,493 ▼ 6.12% JCI 6,723 ▼ 1.98% USD/JPY 158.73 ▲ 0.24% USD/CNY 6.8087 ▲ 0.36% DAX 23,951 ▼ 2.07% CAC 7,953 ▼ 1.60% FTSE 10,195 ▼ 1.71% MIB 49,116 ▼ 1.87% IBEX 17,623 ▼ 1.05% STOXX 606.92 ▼ 1.48% EUR/USD 1.1631 ▼ 0.34% GBP/USD 1.3326 ▼ 0.57% SPX 7,409 ▼ 1.24% DJI 49,526 ▼ 1.07% NDX 29,125 ▼ 1.54% RUT 2,793 ▼ 2.44% TSX 33,833 ▼ 1.27% VIX 18.43 ▲ 6.78% USD/CAD 1.3747 ▲ 0.23% US10Y 4.5950 ▲ 3.00% IBOV 177,284 ▼ 0.61% IPSA 10,421 ▼ 0.58% IPC MEX 67,977 ▼ 1.78% MERVAL 2,707,869 ▼ 1.44% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.05 ▼ 0.01% USD/MXN 17.33 ▲ 0.10% USD/CLP 908.88 ▲ 1.38% USD/COP 3,799 ▲ 0.20% USD/PEN 3.43 ▼ 0.01% USD/ARS 1,395 — 0.00% USD/UYU 40.07 — 0.00% USD/PYG 6,066 — 0.00% USD/BOB 6.86 — 0.00% USD/DOP 59.15 — 0.00% USD/CRC 451.24 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.61 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 516.67 ▼ 0.13% USD/PAB 1.00 ▲ 2.16% USD/BZD 2.00 ▲ 1.59% USD/JMD 157.28 ▲ 0.43% USD/TTD 6.74 ▲ 1.22% EUR/BRL 5.89 ▲ 0.19% BRENT 109.26 ▲ 3.35% WTI 101.02 ▼ 0.15% IRON ORE 161.91 — — COPPER 6.30 ▼ 4.15% GOLD 4,562 ▼ 2.48% SILVER 77.55 ▼ 8.67% SOY 1,177 ▲ 0.21% CORN 455.75 ▲ 0.94% WHEAT 635.75 ▼ 1.74% COFFEE 258.75 ▼ 12.12% SUGAR 14.78 ▼ 1.40% ORANGE JUICE 170.05 ▼ 6.21% COTTON 80.33 ▼ 4.30% COCOA 4,109 ▼ 1.91% BEEF 247.93 ▼ 1.65% CATTLE 361.45 ▼ 1.67% LITHIUM 84.08 ▼ 3.30% PETR4 45.47 ▲ 1.04% VALE3 83.50 ▲ 0.76% ITUB4 39.70 ▼ 1.73% BBDC4 17.69 ▼ 0.84% ABEV3 15.69 ▼ 0.51% BBAS3 20.70 ▼ 0.29% B3SA3 16.70 ▼ 1.36% WEGE3 43.13 ▼ 1.35% PRIO3 68.80 ▲ 2.24% SUZB3 41.70 ▼ 2.16% RENT3 42.98 ▼ 2.18% AZZA3 19.05 ▲ 1.06% CSAN3 4.41 ▼ 5.16% RAIZ4 0.45 ▲ 2.27% PCAR3 2.26 ▼ 1.74% GMAT3 4.34 ▲ 1.17% PSSA3 47.92 ▼ 1.60% CVCB3 1.81 ▼ 4.23% POSI3 3.88 ▼ 2.27% SLCE3 17.19 ▼ 0.87% NATU3 9.94 ▲ 1.53% BRKM5 12.21 ▲ 0.49% RANI3 7.85 ▼ 0.25% CSNA3 6.42 ▼ 3.75% CMIN3 4.72 ▼ 1.05% USIM5 9.12 ▼ 7.79% GGBR4 23.34 ▼ 1.02% ENEV3 25.06 ▼ 3.43% NEOE3 33.80 — 0.00% CPFE3 44.52 ▼ 1.53% CMIG4 11.27 ▼ 0.09% EQTL3 38.59 ▼ 0.54% LREN3 13.55 ▼ 1.24% VIVT3 35.52 ▼ 0.20% RAIL3 14.97 ▼ 1.96% KLABIN 16.43 ▼ 2.55% RAIA DROGASIL 19.59 ▼ 0.25% RDOR3 34.84 ▲ 0.26% HAPV3 12.45 ▼ 6.11% FLRY3 15.60 ▼ 2.26% SMTO3 18.25 ▼ 0.82% UGPA3 29.13 ▼ 1.42% VBBR3 33.12 ▼ 0.81% BBSE3 34.12 ▼ 1.04% BPAC11 54.50 ▼ 1.61% CURY3 30.37 ▼ 0.75% AERI3 2.42 ▼ 0.41% VIVARA 22.94 ▼ 0.26% COMPASS 25.90 ▼ 1.89% VAMOS 3.41 ▼ 2.29% SANB11 26.92 ▼ 0.81% ASAI3 8.50 ▼ 1.05% SBSP3 29.03 ▼ 1.66% WALMEX 54.82 ▲ 0.53% GMEXICO 202.10 ▼ 4.45% FEMSA 210.39 ▼ 0.01% CEMEX 21.82 ▼ 3.71% GFNORTE 184.04 ▼ 0.98% BIMBO 59.19 ▲ 0.27% TELEVISA 9.94 ▲ 1.43% AMX 23.13 ▼ 1.11% GAP 413.32 ▼ 1.41% ASUR 296.14 ▼ 1.66% OMA 222.96 ▼ 0.70% KOF 180.84 ▼ 0.13% GRUMA 298.23 ▲ 0.12% KIMBER 38.28 ▼ 0.55% SQM-B 76,590 ▼ 2.06% COPEC 6,145 ▼ 0.08% BSANTANDER 68.99 ▼ 0.16% FALABELLA 5,500 ▲ 1.08% ENELAM 75.75 ▼ 0.89% CENCOSUD 2,060 ▼ 3.06% CMPC 1,055 ▼ 0.94% BANCO CHILE 163.70 ▲ 0.13% LATAM AIR 21.54 ▼ 2.53% YPF 65,000 ▼ 0.46% GGAL 6,060 ▼ 2.02% PAMPA 4,720 ▼ 0.26% TXAR 615.00 ▲ 0.49% ALUAR 940.50 ▼ 0.42% TGS 8,750 ▼ 0.62% CEPU 2,049 ▼ 3.17% MIRGOR 17,225 ▼ 3.23% COME 42.52 ▼ 1.51% LOMA NEGRA 3,105 ▼ 1.82% BYMA 272.25 ▼ 2.77% TELECOM ARG 3,505 ▼ 4.24% ECOPETROL 13.11 ▼ 0.87% BANCOLOMBIA 63.16 ▼ 1.83% GRUPO AVAL 4.01 ▼ 5.20% CREDICORP 316.31 ▼ 3.47% SOUTHERN COPPER 176.78 ▼ 6.22% BUENAVENTURA 34.29 ▼ 7.70% MERCADOLIBRE 1,547 ▼ 3.77% NUBANK 12.19 ▼ 5.72% XP 17.47 ▼ 0.74% PAGSEGURO 8.86 ▼ 1.66% STONE 9.61 ▼ 0.93% GLOBANT 38.87 ▲ 14.06% TECNOGLASS 38.61 ▼ 5.90% GAP AIRPORT 238.45 ▼ 2.15% ASUR 296.14 ▼ 1.66% OMA AIRPORT 102.84 ▼ 1.57% AMX ADR 26.59 ▼ 1.85% FEMSA ADR 121.38 ▼ 0.70% CEMEX ADR 12.56 ▼ 4.60% PETROBRAS ADR 19.93 ▲ 0.76% VALE ADR 16.32 ▼ 1.57% ITAU ADR 7.84 ▼ 3.21% SANTANDER BR 5.34 ▼ 2.11% AMBEV ADR 3.07 — 0.00% CSN 1.26 ▼ 6.67% GERDAU 4.61 ▼ 2.12% LATAM ADR 46.91 ▼ 4.79% BTC 78,020 ▼ 0.14% ETH 2,184 ▲ 0.18% SOL 86.27 ▼ 0.31% XRP 1.41 ▼ 0.11% BNB 651.49 ▼ 0.72% ADA 0.25 ▼ 0.06% DOGE 0.11 ▲ 0.89% AVAX 9.29 ▼ 0.01% LINK 9.70 ▼ 0.16% DOT 1.27 ▲ 0.30% LTC 55.84 ▼ 0.60% BCH 412.16 ▼ 0.86% TRX 0.36 ▲ 0.62% XLM 0.15 ▼ 0.54% HBAR 0.09 ▼ 0.38% NEAR 1.52 ▲ 1.55% ATOM 2.07 ▲ 1.19% AAVE 90.54 ▲ 0.52% SELIC 14.50% EMBRAER 71.25 ▼ 1.76% EMBRAER ADR 55.76 ▼ 5.04% JBS 13.48 ▼ 3.58% JBS BDR 68.50 ▼ 1.72% MBRF3 17.42 — 0.00% MBRFY 3.43 ▼ 2.83% INTER 5.85 ▼ 3.47% EGX 52,364 ▼ 1.97% USD/ZAR 16.68 ▲ 1.37% USD/NGN 1,367 ▼ 0.04% NIKKEI 61,409 ▼ 1.99% CSI300 4,860 ▼ 1.12% HSI 25,963 ▼ 1.62% NIFTY 23,644 ▼ 0.19% KOSPI 7,493 ▼ 6.12% JCI 6,723 ▼ 1.98% USD/JPY 158.73 ▲ 0.24% USD/CNY 6.8087 ▲ 0.36% DAX 23,951 ▼ 2.07% CAC 7,953 ▼ 1.60% FTSE 10,195 ▼ 1.71% MIB 49,116 ▼ 1.87% IBEX 17,623 ▼ 1.05% STOXX 606.92 ▼ 1.48% EUR/USD 1.1631 ▼ 0.34% GBP/USD 1.3326 ▼ 0.57% SPX 7,409 ▼ 1.24% DJI 49,526 ▼ 1.07% NDX 29,125 ▼ 1.54% RUT 2,793 ▼ 2.44% TSX 33,833 ▼ 1.27% VIX 18.43 ▲ 6.78% USD/CAD 1.3747 ▲ 0.23% US10Y 4.5950 ▲ 3.00%
since 2009
Sunday, May 17, 2026

The “Tragedy” of Corruption

By · July 26, 2011 · 3 min read

Opinion, by Samantha Barthelemy

RIO DE JANEIRO, BRAZIL – Worse than having a government plagued by corruption – a problem by no means exclusive to the Brazilian society – is denouncing corruption and then allowing it to remain unpunished.

Samantha Barthelemy, Carioca specializing in education and public security policies.

We are becoming complacent, conformed. Under the anesthesia of successive corruption scandals little seems to shock us, and nothing spurs us to action.

That needs to change.

In this country, men repeatedly accused of corruption crimes like former president Fernando Collor, former Rio de Janeiro governor Anthony Garotinho and former mayor of São Paulo Paulo Maluf are still doing politics as usual.

Others like Antonio Palocci, Dilma Rousseff’s former Chief of Staff, miraculously increases his net worth by some R$20 million in a few years and walks the plank – again!

If (and that is a big if) we are lucky these men – considered by many as criminals – lose their posts, often only temporarily. It is almost unrealistic to expect more, say, that they go to jail.

And who is to blame?

I know Brazilians can fight for their rights, and achieve results.

Once upon a time, artists, intellectuals, students and unionists protested and contested. From August to September of 1992 hundreds of thousands of caras-pintadas, students with their faces painted in green and yellow, took to the streets throughout the country demanding Fernando Collor’s impeachment.

In May 2011 thousands participated in the Marcha da Maconha (Marijuana March) in Rio de Janeiro, Belo Horizonte, São Paulo and Brasília calling for the legalization of cannabis. This year’s Parada Gay (Gay Parade) assembled four million people in São Paulo alone.

It borders on alienation and complicity when we sit back and lament how we suffer from the corruption “tragedy.”

We never cease to be shocked by our country’s high rates of crime but remain apathetic as we are stolen from, day after day, by unarmed white-collared men (and women).

We recently “discovered” that as much as seventy percent of misappropriated public funds were originally allocated to the health and education sectors. Between 2007 and 2010 nearly R$700 million (a low estimate) “disappeared,” and about half of those accused of improbity in public administration are current or former mayors.

Literal translation: children’s lunches and patient’s medicine are being exchanged for whiskey and dog food (really). Somehow we do not respond.

Could it be that we need the cause-and-effect link between the poor quality of public services and politicians’ unexplained enrichment to be made more explicit?

Facing corruption will require Herculean efforts, and not solely on Dilma Rousseff’s part.

As long as we wait for the rotten areas of government to fix themselves and remain satisfied with simply naming corrupt officials instead of demanding their punishment, we are playing their game.

Until we start treating corruption as our problem – one with a solution and for which we share responsibility – and not as an inevitable tragedy, we cannot really expect things to change.

——
A Belgian-Brazilian native of Rio de Janeiro and former United Nations journalist, Samantha Barthelemy is a dual degree Masters of International Affairs with Columbia University and the Paris Institute of Political Studies living in Rio and specializing in advocacy, education and public security policies.  http://samanthabarthelemy.blogspot.com

 

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