IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,399.71 ▼ 0.17% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL5.08▲ 0.06% USD/MXN17.39▼ 0.23% USD/CLP925.20▼ 0.15% USD/COP3,220▼ 0.49% USD/PEN3.39▼ 0.14% USD/ARS1,475▲ 0.32% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP58.36▲ 0.10% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES725.63▲ 0.11% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.48▼ 0.01% USD/TTD6.76▲ 1.32% EUR/BRL5.82▼ 0.61% BRENT 84.62 ▼ 0.39% WTI 79.40 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.41 ▲ 1.80% GOLD 4,041 ▼ 0.08% SILVER 57.45 ▲ 0.60% SOY 1,199 ▼ 0.27% CORN 468.75 ▲ 4.75% WHEAT 675.25 ▼ 0.33% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.60 ▲ 0.73% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 176.96 ▼ 1.69% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 668.00 ▲ 0.91% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,615 ▲ 2.34% BYMA 304.25 ▲ 1.08% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,556 ▼ 0.62% ETH 1,917 ▲ 1.47% SOL 76.86 ▼ 1.16% XRP 1.11 ▲ 0.13% BNB 581.00 ▼ 0.13% ADA 0.16 ▼ 0.26% DOGE 0.07 ▼ 0.66% AVAX 6.71 ▲ 0.19% LINK 8.52 ▲ 2.16% DOT 0.85 ▼ 0.44% LTC 45.15 ▼ 0.63% BCH 220.95 ▼ 6.57% TRX 0.32 ▼ 0.72% XLM 0.19 ▲ 1.67% HBAR 0.07 ▲ 0.32% NEAR 2.06 ▲ 2.58% ATOM 1.55 ▼ 0.96% AAVE 96.17 ▼ 2.74% SELIC 14.25% EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40% EGX 52,558 ▲ 0.50% USD/ZAR16.34▼ 0.24% USD/NGN 1,379 — 0.00% NIKKEI 66,797 ▼ 2.84% CSI300 4,745 ▼ 0.86% HSI 25,152 ▲ 1.91% NIFTY 24,079 ▲ 0.11% KOSPI 6,887 ▼ 5.45% JCI 6,060 ▲ 0.30% USD/JPY162.10▼ 0.09% USD/CNY6.77▼ 0.08% DAX 25,000 ▼ 0.59% CAC 8,382 ▲ 0.19% FTSE 10,516 ▼ 0.13% MIB 52,411 ▼ 0.85% IBEX 19,276 ▼ 0.42% STOXX 642.71 ▲ 0.10% EUR/USD1.15▲ 0.43% GBP/USD1.35▲ 1.39% SPX 7,572 ▲ 0.38% DJI 52,659 ▲ 0.29% NDX 29,503 ▼ 0.28% RUT 2,976 ▲ 0.39% TSX 35,416 ▲ 0.27% VIX 15.67 ▼ 5.03% USD/CAD1.40▼ 0.09% US10Y 4.5450 ▼ 0.87% IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,399.71 ▼ 0.17% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL 5.08 ▲ 0.06% USD/MXN 17.39 ▼ 0.23% USD/CLP 925.20 ▼ 0.15% USD/COP 3,220 ▼ 0.49% USD/PEN 3.39 ▼ 0.14% USD/ARS 1,475 ▲ 0.32% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.36 ▲ 0.10% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 725.63 ▲ 0.11% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.48 ▲ 0.31% USD/TTD 6.76 ▲ 1.56% EUR/BRL 5.82 ▼ 0.61% BRENT 84.62 ▼ 0.39% WTI 79.40 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.41 ▲ 1.80% GOLD 4,041 ▼ 0.08% SILVER 57.45 ▲ 0.60% SOY 1,199 ▼ 0.27% CORN 468.75 ▲ 4.75% WHEAT 675.25 ▼ 0.33% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.60 ▲ 0.73% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 176.96 ▼ 1.69% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 668.00 ▲ 0.91% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,615 ▲ 2.34% BYMA 304.25 ▲ 1.08% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,556 ▼ 0.62% ETH 1,917 ▲ 1.47% SOL 76.86 ▼ 1.16% XRP 1.11 ▲ 0.13% BNB 581.00 ▼ 0.13% ADA 0.16 ▼ 0.26% DOGE 0.07 ▼ 0.66% AVAX 6.71 ▲ 0.19% LINK 8.52 ▲ 2.16% DOT 0.85 ▼ 0.44% LTC 45.15 ▼ 0.63% BCH 220.95 ▼ 6.57% TRX 0.32 ▼ 0.72% XLM 0.19 ▲ 1.67% HBAR 0.07 ▲ 0.32% NEAR 2.06 ▲ 2.58% ATOM 1.55 ▼ 0.96% AAVE 96.17 ▼ 2.74% SELIC 14.25% EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40% EGX 52,558 ▲ 0.50% USD/ZAR 16.34 ▲ 0.33% USD/NGN 1,379 — 0.00% NIKKEI 66,797 ▼ 2.84% CSI300 4,745 ▼ 0.86% HSI 25,152 ▲ 1.91% NIFTY 24,079 ▲ 0.11% KOSPI 6,887 ▼ 5.45% JCI 6,060 ▲ 0.30% USD/JPY 162.08 ▼ 0.03% USD/CNY 6.7667 ▲ 0.13% DAX 25,000 ▼ 0.59% CAC 8,382 ▲ 0.19% FTSE 10,516 ▼ 0.13% MIB 52,411 ▼ 0.85% IBEX 19,276 ▼ 0.42% STOXX 642.71 ▲ 0.10% EUR/USD 1.1472 ▲ 0.03% GBP/USD 1.3535 ▼ 0.01% SPX 7,572 ▲ 0.38% DJI 52,659 ▲ 0.29% NDX 29,503 ▼ 0.28% RUT 2,976 ▲ 0.39% TSX 35,416 ▲ 0.27% VIX 15.67 ▼ 5.03% USD/CAD 1.4045 ▲ 0.06% US10Y 4.5450 ▼ 0.87%
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Latin America Brazil

Uncontrolled Covid-19 Epidemic Leads Neighboring Countries to View Brazil as Threat

By · May 8, 2020 · 3 min read

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RIO DE JANEIRO, BRAZIL – Argentina’s President Alberto Fernández said on Wednesday, May 6th, that the uncontrolled coronavirus pandemic in Brazil is a risk for the region as a whole.

Argentina's President, Alberto Fernández.
Argentina’s President, Alberto Fernández. (Photo: internet reproduction)
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In an interview with Radio Con Vos, from Buenos Aires, he stated that the issue has been the subject of regular talks between heads of government of neighboring countries. “I have already spoken with Piñera (Chile’s president) and Lacalle (Uruguay’s president). Of course Brazil represents a risk,” Fernández said.

Since the onset of the coronavirus pandemic, the president of Argentina has pursued a policy contrary to that of the Brazilian government. The first coronavirus case in the country was confirmed on March 3rd, when a 43-year-old man, who had returned from Italy, tested positive. The subsequent cases also involved people who had returned from Europe.

On March 15th, Fernandez enforced mandatory quarantine for anyone returning to Argentina with a fine of up to 100,000 pesos (approximately R$8,500) and imprisonment from six months to two years.

On March 20th, when the Argentine authorities recorded 128 cases and three deaths, Fernández further tightened isolation by decreeing compulsory quarantine and closing the borders. It was the first radical measure in the fight against the pandemic, implemented at a time when Brazil counted four deaths and President Jair Bolsonaro was trying to downplay the issue.

As in the Brazilian case, Fernández faced resistance from some economic sectors. Opposition groups yesterday called for a march to violate the quarantine imposed by the government.

Senator Felicitas Beccar Varela and Patricia Bullrich, former President Mauricio Macri’s Public Safety Minister, accused Fernández of using the coronavirus as an excuse to shut down the economy.

On March 30th, the Argentinian president said, “There is no turning back from death, but the economy recovers”. Two weeks later, he defended isolation, claiming the choice between quarantine and the economy was “a false dilemma. “I would rather have ten percent more poor people than 100,000 killed by the coronavirus in Argentina.”

Strict social distancing measures appear to have yielded results. Up until Wednesday, Argentina’s health authorities recorded 5,000 cases and 264 deaths – six deaths per million inhabitants. Meanwhile, the spread of the virus has advanced further in Brazil, exceeding 120,000 cases and 8,000 deaths – 38 deaths per million people.

On Wednesday’s interview with Radio Con Vos, Fernández said once again that the Argentine government’s concern is the carelessness with which Brazil is dealing with the pandemic.

“I don’t understand how (Brazil) is behaving so irresponsibly,” said the president. “Brazil borders all of South America except Chile and Ecuador. In Argentina, many Brazilian trucks come from São Paulo, which is the most infected part of Brazil”.

On March 30th, Fernandez had already criticized Bolsonaro’s strategy with respect to the coronavirus. “I am very sorry that the extent of the problem is not grasped,” said the Argentinian president, when asked about the Brazilian government’s efforts to restart economic activity.

“I fear that, with this rationale, Brazil will fall into the same spiral of contagion as Spain, Italy, and the US, which declared quarantine after it was too late”.

Fernández’s concern is shared by other neighbors. On Tuesday, Luis Lacalle Pou, president of Uruguay, ordered the tightening of health controls on the border with Brazil. Álvaro Delgado, secretary of the presidency, said he viewed with “concern” the spread of cases on the Brazilian side.

“The Uruguayan government is concerned with the situation in a number of cities on the Brazilian side,” said Delgado, after an emergency meeting of Lacalle Pou’s cabinet, to address the issue.

Paraguay has implemented similar measures. On Monday, President Mario Abdo Benítez was in Ciudad del Leste to oversee border control.

According to the government, 85 percent of the 2,810 Paraguayans who returned to the country after the pandemic began came from Brazil and were largely responsible for the spread of Covid-19 in the country. In Pedro Juan Caballero, the army put up barbed wire and dug ditches in some parts of the border with Mato Grosso do Sul.

Source: Estadão Conteúdo

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