IBOV 176,882 ▼ 0.55% IPSA 10,929 ▼ 1.15% IPC MEX 66,414 ▼ 0.12% MERVAL 3,274,485 ▼ 0.17% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▲ 0.04% USD/BRL5.13▲ 0.34% USD/MXN17.49▲ 0.14% USD/CLP927.74▲ 0.31% USD/COP3,237▼ 0.27% USD/PEN3.41▲ 0.41% USD/ARS1,486▼ 0.10% USD/UYU 40.22 — 0.00% USD/PYG6,045▼ 0.17% USD/BOB10.35▲ 2.07% USD/DOP58.37▼ 0.19% USD/CRC448.53▼ 0.06% USD/GTQ7.62▼ 0.10% USD/HNL26.73▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▼ 0.25% USD/TTD6.74▼ 0.12% EUR/BRL5.84▲ 0.39% BRENT 79.30 ▲ 4.33% WTI 74.55 ▲ 4.40% IRON ORE 161.91 — — COPPER 6.33 ▲ 1.58% GOLD 4,020 ▼ 2.06% SILVER 58.35 ▼ 2.44% SOY 1,197 ▲ 0.02% CORN 467.25 ▲ 6.68% WHEAT 640.50 ▲ 1.34% COFFEE 329.95 ▼ 3.80% SUGAR 14.69 ▼ 1.28% ORANGE JUICE 140.35 ▼ 5.07% COTTON 82.94 ▲ 3.78% COCOA 5,812 ▼ 1.81% BEEF 231.65 ▼ 1.51% CATTLE 357.83 ▲ 0.91% LITHIUM 70.87 ▼ 2.00% PETR4 40.71 ▲ 2.67% VALE3 73.31 ▼ 1.17% ITUB4 43.82 ▼ 1.08% BBDC4 18.82 ▼ 0.21% ABEV3 15.94 ▲ 0.76% BBAS3 20.35 ▼ 1.12% B3SA3 15.16 ▼ 1.69% WEGE3 44.83 ▼ 3.61% PRIO3 56.10 ▲ 1.17% SUZB3 41.73 ▲ 0.43% RENT3 40.69 ▼ 1.00% AZZA3 18.96 ▼ 0.73% CSAN3 3.99 ▼ 1.97% RAIZ4 0.34 ▼ 2.86% PCAR3 2.65 ▼ 2.93% GMAT3 3.99 ▲ 0.50% PSSA3 54.40 ▼ 1.04% CVCB3 1.24 ▼ 0.80% POSI3 3.92 ▼ 1.26% SLCE3 13.97 ▼ 0.36% NATU3 8.66 ▼ 0.23% BRKM5 6.71 ▲ 1.21% RANI3 8.00 ▼ 0.12% CSNA3 5.30 ▲ 2.32% CMIN3 5.43 ▲ 3.82% USIM5 8.46 ▲ 0.12% GGBR4 23.05 ▲ 0.17% ENEV3 27.24 ▼ 1.13% CPFE3 47.26 ▼ 1.27% CMIG4 11.16 ▼ 1.93% EQTL3 40.25 ▼ 1.61% LREN3 14.32 ▼ 2.05% VIVT3 35.52 ▼ 0.64% RAIL3 14.15 ▼ 1.46% KLABIN 17.61 ▲ 0.40% RAIA DROGASIL 18.54 ▼ 1.23% RDOR3 35.68 ▼ 0.94% HAPV3 10.58 ▼ 0.19% FLRY3 16.26 ▼ 0.97% SMTO3 16.57 ▲ 1.22% UGPA3 31.05 ▲ 1.11% VBBR3 33.27 ▲ 0.82% BBSE3 40.30 ▼ 0.12% BPAC11 57.90 ▼ 1.41% CURY3 33.48 ▼ 2.13% AERI3 2.05 ▼ 1.91% VIVARA 23.28 ▼ 1.06% COMPASS 25.31 ▼ 0.75% VAMOS 3.04 ▼ 0.65% SANB11 27.20 ▼ 1.52% ASAI3 8.81 ▼ 0.68% SBSP3 30.69 ▼ 1.35% WALMEX 49.69 ▲ 0.75% GMEXICO 197.66 ▼ 0.79% FEMSA 226.57 ▲ 1.46% CEMEX 21.70 ▼ 0.73% GFNORTE 184.98 ▼ 0.86% BIMBO 56.45 ▲ 0.62% TELEVISA 9.58 ▼ 1.54% AMX 23.18 ▲ 2.11% GAP 410.99 ▼ 0.36% ASUR 279.93 ▼ 1.82% OMA 233.68 ▼ 1.18% KOF 182.07 ▲ 1.07% GRUMA 283.00 ▼ 0.19% KIMBER 38.23 ▲ 0.42% SQM-B 67,001 ▼ 1.11% COPEC 6,057 ▼ 1.33% BSANTANDER 78.07 ▼ 1.18% FALABELLA 5,888 ▼ 0.29% ENELAM 84.27 ▼ 1.32% CENCOSUD 2,041 ▼ 0.21% CMPC 1,093 ▼ 1.45% BANCO CHILE 185.92 ▼ 1.57% LATAM AIR 25.44 ▼ 3.12% YPF 77,250 ▲ 3.83% GGAL 8,200 ▼ 1.62% PAMPA 5,275 ▲ 1.83% TXAR 669.00 ▼ 0.30% ALUAR 979.50 ▲ 0.41% TGS 9,685 ▲ 0.94% CEPU 2,374 ▼ 0.92% MIRGOR 17,100 ▼ 0.87% COME 45.65 ▼ 0.57% LOMA NEGRA 3,523 ▼ 1.67% BYMA 312.50 ▼ 0.48% TELECOM ARG 4,233 ▼ 0.29% ECOPETROL 15.77 ▲ 1.22% BANCOLOMBIA 81.48 ▼ 1.77% GRUPO AVAL 5.02 ▼ 0.99% CREDICORP 395.65 ▼ 1.29% SOUTHERN COPPER 178.22 ▲ 1.36% BUENAVENTURA 30.01 ▲ 0.03% MERCADOLIBRE 1,879 ▲ 1.47% NUBANK 13.85 ▲ 0.62% XP 16.51 ▼ 2.42% PAGSEGURO 9.36 ▲ 1.19% STONE 11.17 ▼ 0.40% GLOBANT 31.73 ▲ 5.91% TECNOGLASS 42.64 ▼ 2.87% GAP AIRPORT 234.29 ▼ 0.57% ASUR 279.93 ▼ 1.82% OMA AIRPORT 106.94 ▼ 1.02% AMX ADR 26.45 ▲ 1.69% FEMSA ADR 129.63 ▲ 1.54% CEMEX ADR 12.45 ▼ 0.28% PETROBRAS ADR 17.82 ▲ 2.89% VALE ADR 14.29 ▼ 1.21% ITAU ADR 8.54 ▼ 0.93% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.09 ▲ 0.74% CSN 1.04 ▲ 2.48% GERDAU 4.52 ▲ 0.33% LATAM ADR 54.91 ▼ 2.74% BTC 62,710 ▼ 1.64% ETH 1,776 ▼ 1.65% SOL 75.94 ▼ 1.21% XRP 1.08 ▼ 0.98% BNB 569.54 ▼ 0.77% ADA 0.16 ▼ 1.58% DOGE 0.07 ▼ 0.54% AVAX 6.62 ▲ 3.41% LINK 7.95 ▼ 0.53% DOT 0.84 ▼ 0.97% LTC 43.56 ▼ 0.93% BCH 238.83 ▼ 0.47% TRX 0.33 ▼ 1.61% XLM 0.18 ▼ 1.24% HBAR 0.07 ▼ 1.04% NEAR 1.96 ▲ 3.78% ATOM 1.55 ▼ 1.16% AAVE 95.53 ▼ 1.58% SELIC 14.25% EMBRAER 83.14 ▼ 1.73% EMBRAER ADR 64.88 ▼ 1.71% JBS 11.89 ▼ 0.17% JBS BDR 60.58 ▼ 0.33% MBRF3 15.45 ▼ 0.64% MBRFY 2.92 ▼ 3.31% INTER 5.68 ▼ 2.49% EGX 52,608 ▲ 0.67% USD/ZAR16.40▲ 0.44% USD/NGN1,378▼ 0.05% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY162.36▲ 0.40% USD/CNY6.78▲ 0.03% DAX 25,061 ▼ 0.02% CAC 8,348 ▲ 0.11% FTSE 10,487 ▼ 0.10% MIB 52,748 ▲ 0.25% IBEX 19,332 ▼ 0.27% STOXX 640.01 ▼ 0.17% EUR/USD1.14— 0.00% GBP/USD1.34▼ 0.11% SPX 7,555 ▼ 0.27% DJI 52,582 ▼ 0.10% NDX 29,528 ▼ 0.99% RUT 2,964 ▼ 0.48% TSX 35,284 ▼ 0.06% VIX 16.46 ▲ 9.51% USD/CAD1.41▼ 0.15% US10Y 4.5930 ▲ 0.53% IBOV 176,882 ▼ 0.55% IPSA 10,929 ▼ 1.15% IPC MEX 66,414 ▼ 0.12% MERVAL 3,274,485 ▼ 0.17% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▲ 0.04% USD/BRL 5.13 ▲ 0.34% USD/MXN 17.49 ▲ 0.12% USD/CLP 927.74 ▲ 0.31% USD/COP 3,237 ▼ 0.27% USD/PEN 3.40 ▲ 0.27% USD/ARS 1,486 ▼ 0.10% USD/UYU 40.22 — 0.00% USD/PYG 6,045 ▼ 0.17% USD/BOB 10.35 ▲ 2.07% USD/DOP 58.37 ▼ 0.19% USD/CRC 448.53 ▼ 0.06% USD/GTQ 7.62 ▼ 0.10% USD/HNL 26.73 ▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.15% USD/TTD 6.74 ▲ 1.31% EUR/BRL 5.84 ▲ 0.39% BRENT 79.30 ▲ 4.33% WTI 74.55 ▲ 4.40% IRON ORE 161.91 — — COPPER 6.33 ▲ 1.58% GOLD 4,020 ▼ 2.06% SILVER 58.35 ▼ 2.44% SOY 1,197 ▲ 0.02% CORN 467.25 ▲ 6.68% WHEAT 640.50 ▲ 1.34% COFFEE 329.95 ▼ 3.80% SUGAR 14.69 ▼ 1.28% ORANGE JUICE 140.35 ▼ 5.07% COTTON 82.94 ▲ 3.78% COCOA 5,812 ▼ 1.81% BEEF 231.65 ▼ 1.51% CATTLE 357.83 ▲ 0.91% LITHIUM 70.87 ▼ 2.00% PETR4 40.71 ▲ 2.67% VALE3 73.31 ▼ 1.17% ITUB4 43.82 ▼ 1.08% BBDC4 18.82 ▼ 0.21% ABEV3 15.94 ▲ 0.76% BBAS3 20.35 ▼ 1.12% B3SA3 15.16 ▼ 1.69% WEGE3 44.83 ▼ 3.61% PRIO3 56.10 ▲ 1.17% SUZB3 41.73 ▲ 0.43% RENT3 40.69 ▼ 1.00% AZZA3 18.96 ▼ 0.73% CSAN3 3.99 ▼ 1.97% RAIZ4 0.34 ▼ 2.86% PCAR3 2.65 ▼ 2.93% GMAT3 3.99 ▲ 0.50% PSSA3 54.40 ▼ 1.04% CVCB3 1.24 ▼ 0.80% POSI3 3.92 ▼ 1.26% SLCE3 13.97 ▼ 0.36% NATU3 8.66 ▼ 0.23% BRKM5 6.71 ▲ 1.21% RANI3 8.00 ▼ 0.12% CSNA3 5.30 ▲ 2.32% CMIN3 5.43 ▲ 3.82% USIM5 8.46 ▲ 0.12% GGBR4 23.05 ▲ 0.17% ENEV3 27.24 ▼ 1.13% CPFE3 47.26 ▼ 1.27% CMIG4 11.16 ▼ 1.93% EQTL3 40.25 ▼ 1.61% LREN3 14.32 ▼ 2.05% VIVT3 35.52 ▼ 0.64% RAIL3 14.15 ▼ 1.46% KLABIN 17.61 ▲ 0.40% RAIA DROGASIL 18.54 ▼ 1.23% RDOR3 35.68 ▼ 0.94% HAPV3 10.58 ▼ 0.19% FLRY3 16.26 ▼ 0.97% SMTO3 16.57 ▲ 1.22% UGPA3 31.05 ▲ 1.11% VBBR3 33.27 ▲ 0.82% BBSE3 40.30 ▼ 0.12% BPAC11 57.90 ▼ 1.41% CURY3 33.48 ▼ 2.13% AERI3 2.05 ▼ 1.91% VIVARA 23.28 ▼ 1.06% COMPASS 25.31 ▼ 0.75% VAMOS 3.04 ▼ 0.65% SANB11 27.20 ▼ 1.52% ASAI3 8.81 ▼ 0.68% SBSP3 30.69 ▼ 1.35% WALMEX 49.69 ▲ 0.75% GMEXICO 197.66 ▼ 0.79% FEMSA 226.57 ▲ 1.46% CEMEX 21.70 ▼ 0.73% GFNORTE 184.98 ▼ 0.86% BIMBO 56.45 ▲ 0.62% TELEVISA 9.58 ▼ 1.54% AMX 23.18 ▲ 2.11% GAP 410.99 ▼ 0.36% ASUR 279.93 ▼ 1.82% OMA 233.68 ▼ 1.18% KOF 182.07 ▲ 1.07% GRUMA 283.00 ▼ 0.19% KIMBER 38.23 ▲ 0.42% SQM-B 67,001 ▼ 1.11% COPEC 6,057 ▼ 1.33% BSANTANDER 78.07 ▼ 1.18% FALABELLA 5,888 ▼ 0.29% ENELAM 84.27 ▼ 1.32% CENCOSUD 2,041 ▼ 0.21% CMPC 1,093 ▼ 1.45% BANCO CHILE 185.92 ▼ 1.57% LATAM AIR 25.44 ▼ 3.12% YPF 77,250 ▲ 3.83% GGAL 8,200 ▼ 1.62% PAMPA 5,275 ▲ 1.83% TXAR 669.00 ▼ 0.30% ALUAR 979.50 ▲ 0.41% TGS 9,685 ▲ 0.94% CEPU 2,374 ▼ 0.92% MIRGOR 17,100 ▼ 0.87% COME 45.65 ▼ 0.57% LOMA NEGRA 3,523 ▼ 1.67% BYMA 312.50 ▼ 0.48% TELECOM ARG 4,233 ▼ 0.29% ECOPETROL 15.77 ▲ 1.22% BANCOLOMBIA 81.48 ▼ 1.77% GRUPO AVAL 5.02 ▼ 0.99% CREDICORP 395.65 ▼ 1.29% SOUTHERN COPPER 178.22 ▲ 1.36% BUENAVENTURA 30.01 ▲ 0.03% MERCADOLIBRE 1,879 ▲ 1.47% NUBANK 13.85 ▲ 0.62% XP 16.51 ▼ 2.42% PAGSEGURO 9.36 ▲ 1.19% STONE 11.17 ▼ 0.40% GLOBANT 31.73 ▲ 5.91% TECNOGLASS 42.64 ▼ 2.87% GAP AIRPORT 234.29 ▼ 0.57% ASUR 279.93 ▼ 1.82% OMA AIRPORT 106.94 ▼ 1.02% AMX ADR 26.45 ▲ 1.69% FEMSA ADR 129.63 ▲ 1.54% CEMEX ADR 12.45 ▼ 0.28% PETROBRAS ADR 17.82 ▲ 2.89% VALE ADR 14.29 ▼ 1.21% ITAU ADR 8.54 ▼ 0.93% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.09 ▲ 0.74% CSN 1.04 ▲ 2.48% GERDAU 4.52 ▲ 0.33% LATAM ADR 54.91 ▼ 2.74% BTC 62,710 ▼ 1.64% ETH 1,776 ▼ 1.65% SOL 75.94 ▼ 1.21% XRP 1.08 ▼ 0.98% BNB 569.54 ▼ 0.77% ADA 0.16 ▼ 1.58% DOGE 0.07 ▼ 0.54% AVAX 6.62 ▲ 3.41% LINK 7.95 ▼ 0.53% DOT 0.84 ▼ 0.97% LTC 43.56 ▼ 0.93% BCH 238.83 ▼ 0.47% TRX 0.33 ▼ 1.61% XLM 0.18 ▼ 1.24% HBAR 0.07 ▼ 1.04% NEAR 1.96 ▲ 3.78% ATOM 1.55 ▼ 1.16% AAVE 95.53 ▼ 1.58% SELIC 14.25% EMBRAER 83.14 ▼ 1.73% EMBRAER ADR 64.88 ▼ 1.71% JBS 11.89 ▼ 0.17% JBS BDR 60.58 ▼ 0.33% MBRF3 15.45 ▼ 0.64% MBRFY 2.92 ▼ 3.31% INTER 5.68 ▼ 2.49% EGX 52,608 ▲ 0.67% USD/ZAR 16.38 ▲ 0.23% USD/NGN 1,378 ▲ 0.15% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY 162.34 ▲ 0.42% USD/CNY 6.7684 ▲ 0.03% DAX 25,061 ▼ 0.02% CAC 8,348 ▲ 0.11% FTSE 10,487 ▼ 0.10% MIB 52,748 ▲ 0.25% IBEX 19,332 ▼ 0.27% STOXX 640.01 ▼ 0.17% EUR/USD 1.1409 ▼ 0.09% GBP/USD 1.3379 ▼ 0.14% SPX 7,555 ▼ 0.27% DJI 52,582 ▼ 0.10% NDX 29,528 ▼ 0.99% RUT 2,964 ▼ 0.48% TSX 35,284 ▼ 0.06% VIX 16.46 ▲ 9.51% USD/CAD 1.4143 ▼ 0.06% US10Y 4.5930 ▲ 0.53%
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Brazil Politics - Brazil

“Who Will Invade Brazil to Save the Amazon?”, Asks U.S. Magazine Foreign Policy

By · August 7, 2019 · 2 min read

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RIO DE JANEIRO, BRAZIL – The deforestation of the Amazon rainforest, which has already lost over 3,445 square kilometers in 2019, was the focus of the U.S. magazine Foreign Policy, published on Tuesday, August 6th, which headlines an article entitled “Who will invade Brazil to save the Amazon?”. According to the article, it is “only a matter of time” before world leaders do “whatever is necessary” to prevent climate change on the planet.

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Researcher Stephen M. Walt, of Harvard University, points out that 60 percent of the Amazon basin belongs to Brazil and states that President Bolsonaro’s policies have put at risk the largest tropical forest in the world, responsible for much of the planet’s carbon absorption.

A further point raised is how world leaders, from the European Union (EU) to the United Nations (UN), have prioritized the fight against environmental degradation in recent years.

“The question, therefore, is how far would the international community be willing to go in order to prevent, halt, or reverse actions that might cause immense and irreparable harm to the environment on which all humans depend?” writes the author, arguing that, in the near future, even military action could be acceptable in this context.

This is the second time in less than a week that the Amazon forest has garnered the international media’s attention. Last Thursday, August 1st, The Economist magazine dedicated the cover of its latest issue to the subject, declaring that the Amazon is on a “death watch”.

“The natural wonder of South America may be dangerously close to the tipping point beyond which its gradual transformation into something closer to the steppe may not be prevented or reversed,” said the weekly publication.

Professor Walt points out in his article that Brazil happens to be in possession of a critical global resource—for purely historical reasons—and its destruction would harm many states, if not the entire planet.

“Unlike Belize or Burundi, what Brazil does could have a big impact. But Brazil isn’t a true great power, and threatening it with either economic sanctions or even the use of force if it refused to protect the rainforest might be feasible. To be clear: I’m not recommending this course of action either now or in the future. I’m just pointing out that Brazil might be somewhat more vulnerable to pressure than some other states are.”

Last week, President Bolsonaro confirmed that he had exonerated Ricardo Galvão, former president of the National Institute for Space Research (INPE), for not having appreciated the way in which the agency disclosed the data on deforestation in the Amazon. “It is not the stance of a Brazilian who wants to serve his homeland and is concerned about Brazil’s business. It is regrettable,” he said.

 

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