IBOV 170,331 ▼ 2.22% IPSA 10,360 ▼ 1.04% IPC MEX 68,286 ▼ 0.88% MERVAL 3,164,196 ▼ 1.86% COLCAP 2,238.99 ▼ 1.13% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.06 ▲ 1.08% USD/MXN 17.32 ▲ 0.16% USD/CLP 894.65 ▲ 0.74% USD/COP 3,565 ▼ 0.02% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,439 ▲ 0.82% USD/UYU 40.27 ▲ 1.59% USD/PYG 6,095 ▲ 3.16% USD/BOB 6.85 ▲ 1.64% USD/DOP 57.91 ▲ 0.28% USD/CRC 456.90 ▲ 3.28% USD/GTQ 7.62 ▲ 2.15% USD/HNL 26.64 ▲ 1.72% USD/NIO 36.62 ▲ 0.68% USD/VES 558.97 ▲ 0.18% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.60% USD/JMD 157.24 ▲ 0.96% USD/TTD 6.67 ▲ 0.14% EUR/BRL 5.87 ▲ 0.26% BRENT 96.77 ▼ 1.06% WTI 95.10 ▼ 0.96% IRON ORE 161.91 — — COPPER 6.49 ▲ 0.07% GOLD 4,488 ▲ 1.15% SILVER 73.77 ▲ 0.40% SOY 1,153 ▼ 0.06% CORN 430.50 ▼ 0.23% WHEAT 585.25 ▼ 0.34% COFFEE 252.65 ▼ 2.53% SUGAR 14.22 ▼ 1.11% ORANGE JUICE 167.05 ▲ 4.41% COTTON 76.58 ▼ 0.60% COCOA 4,037 ▼ 1.73% BEEF 237.85 ▼ 3.97% CATTLE 342.58 ▼ 1.68% LITHIUM 84.86 ▼ 1.78% PETR4 41.25 ▼ 0.77% VALE3 81.79 ▼ 3.78% ITUB4 38.72 ▼ 2.12% BBDC4 17.37 ▼ 2.14% ABEV3 16.07 ▼ 2.31% BBAS3 19.53 ▼ 1.81% B3SA3 15.52 ▼ 4.67% WEGE3 41.78 ▼ 0.52% PRIO3 62.59 ▲ 0.98% SUZB3 41.22 ▲ 1.95% RENT3 40.44 ▼ 3.32% AZZA3 17.38 ▼ 8.48% CSAN3 3.58 ▼ 7.73% RAIZ4 0.39 ▲ 2.63% PCAR3 1.54 ▼ 1.91% GMAT3 4.20 ▼ 0.24% PSSA3 48.16 ▼ 1.19% CVCB3 1.48 ▼ 3.90% POSI3 3.75 ▼ 7.64% SLCE3 14.98 ▼ 2.03% NATU3 9.80 ▼ 0.61% BRKM5 9.43 ▼ 5.79% RANI3 7.90 ▲ 0.51% CSNA3 6.68 ▼ 6.31% CMIN3 4.50 ▼ 5.86% USIM5 11.46 ▼ 4.82% GGBR4 24.13 ▼ 2.11% ENEV3 24.23 ▼ 4.42% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.46% CMIG4 10.86 ▼ 1.27% EQTL3 39.81 ▲ 1.89% LREN3 14.64 ▼ 5.67% VIVT3 33.75 ▼ 0.15% RAIL3 13.89 ▼ 2.11% KLABIN 16.76 ▼ 0.89% RAIA DROGASIL 17.51 ▼ 3.26% RDOR3 33.11 ▼ 3.33% HAPV3 11.22 ▼ 8.26% FLRY3 14.70 ▼ 4.11% SMTO3 17.30 ▼ 1.14% UGPA3 24.92 ▼ 3.07% VBBR3 29.48 ▼ 2.16% BBSE3 35.04 ▼ 0.26% BPAC11 50.71 ▼ 4.77% CURY3 29.45 ▼ 6.00% AERI3 2.31 ▼ 1.28% VIVARA 20.50 ▼ 4.21% COMPASS 25.79 ▼ 2.68% VAMOS 2.94 ▼ 1.01% SANB11 26.72 ▼ 2.34% ASAI3 8.79 ▼ 2.87% SBSP3 27.23 ▼ 1.66% WALMEX 52.05 ▲ 0.19% GMEXICO 213.71 ▼ 3.18% FEMSA 211.97 ▲ 2.01% CEMEX 22.45 ▼ 1.32% GFNORTE 181.22 ▼ 0.57% BIMBO 58.29 ▲ 0.19% TELEVISA 9.08 ▼ 1.52% AMX 22.14 ▼ 0.49% GAP 418.01 ▲ 0.62% ASUR 296.77 ▼ 2.07% OMA 220.05 ▼ 1.57% KOF 186.51 ▼ 0.73% GRUMA 294.39 ▲ 0.36% KIMBER 38.10 ▼ 0.81% SQM-B 71,000 ▼ 1.29% COPEC 6,100 ▼ 1.36% BSANTANDER 68.10 ▼ 1.32% FALABELLA 5,450 ▼ 2.07% ENELAM 76.77 ▼ 1.18% CENCOSUD 2,168 ▲ 0.37% CMPC 1,028 ▼ 0.39% BANCO CHILE 163.99 ▼ 1.68% LATAM AIR 22.29 ▼ 1.37% YPF 83,050 ▼ 0.27% GGAL 7,350 ▼ 3.10% PAMPA 5,115 ▼ 1.35% TXAR 676.50 ▼ 2.10% ALUAR 1,015 ▲ 1.50% TGS 9,205 ▼ 2.80% CEPU 2,309 ▼ 2.49% MIRGOR 16,925 ▼ 0.88% COME 47.91 ▼ 3.17% LOMA NEGRA 3,430 ▼ 2.14% BYMA 293.00 — 0.00% TELECOM ARG 4,053 ▼ 2.88% ECOPETROL 15.58 ▼ 2.50% BANCOLOMBIA 72.25 ▼ 2.03% GRUPO AVAL 4.98 ▲ 0.81% CREDICORP 327.42 ▼ 4.80% SOUTHERN COPPER 196.59 ▼ 2.37% BUENAVENTURA 33.86 ▼ 2.67% MERCADOLIBRE 1,639 ▼ 2.05% NUBANK 11.64 ▼ 2.43% XP 15.60 ▼ 3.70% PAGSEGURO 8.77 ▼ 4.88% STONE 10.64 ▼ 5.34% GLOBANT 39.67 ▼ 6.17% TECNOGLASS 42.31 ▼ 3.29% GAP AIRPORT 240.72 ▲ 0.28% ASUR 296.77 ▼ 2.07% OMA AIRPORT 101.18 ▼ 2.25% AMX ADR 25.54 ▼ 0.66% FEMSA ADR 121.81 ▲ 1.39% CEMEX ADR 12.90 ▼ 1.23% PETROBRAS ADR 18.19 ▼ 2.83% VALE ADR 16.06 ▼ 4.52% ITAU ADR 7.59 ▼ 3.44% SANTANDER BR 5.30 ▼ 3.28% AMBEV ADR 3.14 ▼ 3.38% CSN 1.31 ▼ 7.75% GERDAU 4.75 ▼ 2.86% LATAM ADR 49.71 ▼ 2.55% BTC 62,817 ▼ 5.83% ETH 1,775 ▼ 4.43% SOL 69.69 ▼ 6.01% XRP 1.18 ▼ 2.57% BNB 607.56 ▼ 6.59% ADA 0.20 ▼ 8.02% DOGE 0.09 ▼ 2.91% AVAX 7.89 ▼ 3.40% LINK 8.13 ▼ 2.80% DOT 1.08 ▲ 0.29% LTC 46.32 ▼ 1.25% BCH 238.08 ▼ 11.49% TRX 0.33 ▼ 0.04% XLM 0.21 ▼ 7.81% HBAR 0.08 ▼ 3.35% NEAR 2.77 ▲ 5.31% ATOM 1.83 ▲ 0.66% AAVE 72.66 ▼ 1.14% SELIC 14.50% EMBRAER 69.67 ▼ 3.17% EMBRAER ADR 55.19 ▼ 3.63% JBS 11.88 ▼ 2.62% JBS BDR 59.90 ▼ 1.17% MBRF3 15.78 ▼ 0.44% MBRFY 3.06 ▼ 5.56% INTER 5.80 ▼ 3.33% EGX 52,564 ▼ 0.69% USD/ZAR 16.35 ▲ 0.14% USD/NGN 1,357 — 0.00% NIKKEI 67,393 ▼ 1.48% CSI300 4,939 ▲ 0.49% HSI 25,633 ▼ 1.56% NIFTY 23,406 ▼ 0.33% KOSPI 8,716 ▼ 0.98% JCI 5,941 ▼ 4.11% USD/JPY 159.90 ▼ 0.06% USD/CNY 6.7687 — 0.00% DAX 24,796 ▼ 1.31% CAC 8,150 ▼ 0.71% FTSE 10,332 ▼ 0.40% MIB 50,038 ▼ 1.07% IBEX 18,176 ▼ 0.53% STOXX 621.19 ▼ 0.66% EUR/USD 1.1608 ▲ 0.05% GBP/USD 1.3424 ▲ 0.02% SPX 7,554 ▼ 0.74% DJI 50,687 ▼ 1.21% NDX 30,571 ▼ 0.29% RUT 2,894 ▼ 1.31% TSX 34,802 ▼ 1.05% VIX 16.06 ▲ 1.84% USD/CAD 1.3896 ▲ 0.02% US10Y 4.4910 ▲ 0.81% IBOV 170,331 ▼ 2.22% IPSA 10,360 ▼ 1.04% IPC MEX 68,286 ▼ 0.88% MERVAL 3,164,196 ▼ 1.86% COLCAP 2,238.99 ▼ 1.13% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.06 ▲ 1.08% USD/MXN 17.32 ▲ 0.16% USD/CLP 894.65 ▲ 0.74% USD/COP 3,565 ▼ 0.02% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,439 ▲ 0.82% USD/UYU 40.27 ▲ 1.59% USD/PYG 6,095 ▲ 3.16% USD/BOB 6.85 ▲ 1.64% USD/DOP 57.91 ▲ 0.28% USD/CRC 456.90 ▲ 3.28% USD/GTQ 7.62 ▲ 2.15% USD/HNL 26.64 ▲ 1.72% USD/NIO 36.62 ▲ 0.68% USD/VES 558.97 ▲ 0.18% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.60% USD/JMD 157.24 ▲ 0.96% USD/TTD 6.67 ▲ 0.14% EUR/BRL 5.87 ▲ 0.26% BRENT 96.77 ▼ 1.06% WTI 95.10 ▼ 0.96% IRON ORE 161.91 — — COPPER 6.49 ▲ 0.07% GOLD 4,488 ▲ 1.15% SILVER 73.77 ▲ 0.40% SOY 1,153 ▼ 0.06% CORN 430.50 ▼ 0.23% WHEAT 585.25 ▼ 0.34% COFFEE 252.65 ▼ 2.53% SUGAR 14.22 ▼ 1.11% ORANGE JUICE 167.05 ▲ 4.41% COTTON 76.58 ▼ 0.60% COCOA 4,037 ▼ 1.73% BEEF 237.85 ▼ 3.97% CATTLE 342.58 ▼ 1.68% LITHIUM 84.86 ▼ 1.78% PETR4 41.25 ▼ 0.77% VALE3 81.79 ▼ 3.78% ITUB4 38.72 ▼ 2.12% BBDC4 17.37 ▼ 2.14% ABEV3 16.07 ▼ 2.31% BBAS3 19.53 ▼ 1.81% B3SA3 15.52 ▼ 4.67% WEGE3 41.78 ▼ 0.52% PRIO3 62.59 ▲ 0.98% SUZB3 41.22 ▲ 1.95% RENT3 40.44 ▼ 3.32% AZZA3 17.38 ▼ 8.48% CSAN3 3.58 ▼ 7.73% RAIZ4 0.39 ▲ 2.63% PCAR3 1.54 ▼ 1.91% GMAT3 4.20 ▼ 0.24% PSSA3 48.16 ▼ 1.19% CVCB3 1.48 ▼ 3.90% POSI3 3.75 ▼ 7.64% SLCE3 14.98 ▼ 2.03% NATU3 9.80 ▼ 0.61% BRKM5 9.43 ▼ 5.79% RANI3 7.90 ▲ 0.51% CSNA3 6.68 ▼ 6.31% CMIN3 4.50 ▼ 5.86% USIM5 11.46 ▼ 4.82% GGBR4 24.13 ▼ 2.11% ENEV3 24.23 ▼ 4.42% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.46% CMIG4 10.86 ▼ 1.27% EQTL3 39.81 ▲ 1.89% LREN3 14.64 ▼ 5.67% VIVT3 33.75 ▼ 0.15% RAIL3 13.89 ▼ 2.11% KLABIN 16.76 ▼ 0.89% RAIA DROGASIL 17.51 ▼ 3.26% RDOR3 33.11 ▼ 3.33% HAPV3 11.22 ▼ 8.26% FLRY3 14.70 ▼ 4.11% SMTO3 17.30 ▼ 1.14% UGPA3 24.92 ▼ 3.07% VBBR3 29.48 ▼ 2.16% BBSE3 35.04 ▼ 0.26% BPAC11 50.71 ▼ 4.77% CURY3 29.45 ▼ 6.00% AERI3 2.31 ▼ 1.28% VIVARA 20.50 ▼ 4.21% COMPASS 25.79 ▼ 2.68% VAMOS 2.94 ▼ 1.01% SANB11 26.72 ▼ 2.34% ASAI3 8.79 ▼ 2.87% SBSP3 27.23 ▼ 1.66% WALMEX 52.05 ▲ 0.19% GMEXICO 213.71 ▼ 3.18% FEMSA 211.97 ▲ 2.01% CEMEX 22.45 ▼ 1.32% GFNORTE 181.22 ▼ 0.57% BIMBO 58.29 ▲ 0.19% TELEVISA 9.08 ▼ 1.52% AMX 22.14 ▼ 0.49% GAP 418.01 ▲ 0.62% ASUR 296.77 ▼ 2.07% OMA 220.05 ▼ 1.57% KOF 186.51 ▼ 0.73% GRUMA 294.39 ▲ 0.36% KIMBER 38.10 ▼ 0.81% SQM-B 71,000 ▼ 1.29% COPEC 6,100 ▼ 1.36% BSANTANDER 68.10 ▼ 1.32% FALABELLA 5,450 ▼ 2.07% ENELAM 76.77 ▼ 1.18% CENCOSUD 2,168 ▲ 0.37% CMPC 1,028 ▼ 0.39% BANCO CHILE 163.99 ▼ 1.68% LATAM AIR 22.29 ▼ 1.37% YPF 83,050 ▼ 0.27% GGAL 7,350 ▼ 3.10% PAMPA 5,115 ▼ 1.35% TXAR 676.50 ▼ 2.10% ALUAR 1,015 ▲ 1.50% TGS 9,205 ▼ 2.80% CEPU 2,309 ▼ 2.49% MIRGOR 16,925 ▼ 0.88% COME 47.91 ▼ 3.17% LOMA NEGRA 3,430 ▼ 2.14% BYMA 293.00 — 0.00% TELECOM ARG 4,053 ▼ 2.88% ECOPETROL 15.58 ▼ 2.50% BANCOLOMBIA 72.25 ▼ 2.03% GRUPO AVAL 4.98 ▲ 0.81% CREDICORP 327.42 ▼ 4.80% SOUTHERN COPPER 196.59 ▼ 2.37% BUENAVENTURA 33.86 ▼ 2.67% MERCADOLIBRE 1,639 ▼ 2.05% NUBANK 11.64 ▼ 2.43% XP 15.60 ▼ 3.70% PAGSEGURO 8.77 ▼ 4.88% STONE 10.64 ▼ 5.34% GLOBANT 39.67 ▼ 6.17% TECNOGLASS 42.31 ▼ 3.29% GAP AIRPORT 240.72 ▲ 0.28% ASUR 296.77 ▼ 2.07% OMA AIRPORT 101.18 ▼ 2.25% AMX ADR 25.54 ▼ 0.66% FEMSA ADR 121.81 ▲ 1.39% CEMEX ADR 12.90 ▼ 1.23% PETROBRAS ADR 18.19 ▼ 2.83% VALE ADR 16.06 ▼ 4.52% ITAU ADR 7.59 ▼ 3.44% SANTANDER BR 5.30 ▼ 3.28% AMBEV ADR 3.14 ▼ 3.38% CSN 1.31 ▼ 7.75% GERDAU 4.75 ▼ 2.86% LATAM ADR 49.71 ▼ 2.55% BTC 62,817 ▼ 5.83% ETH 1,775 ▼ 4.43% SOL 69.69 ▼ 6.01% XRP 1.18 ▼ 2.57% BNB 607.56 ▼ 6.59% ADA 0.20 ▼ 8.02% DOGE 0.09 ▼ 2.91% AVAX 7.89 ▼ 3.40% LINK 8.13 ▼ 2.80% DOT 1.08 ▲ 0.29% LTC 46.32 ▼ 1.25% BCH 238.08 ▼ 11.49% TRX 0.33 ▼ 0.04% XLM 0.21 ▼ 7.81% HBAR 0.08 ▼ 3.35% NEAR 2.77 ▲ 5.31% ATOM 1.83 ▲ 0.66% AAVE 72.66 ▼ 1.14% SELIC 14.50% EMBRAER 69.67 ▼ 3.17% EMBRAER ADR 55.19 ▼ 3.63% JBS 11.88 ▼ 2.62% JBS BDR 59.90 ▼ 1.17% MBRF3 15.78 ▼ 0.44% MBRFY 3.06 ▼ 5.56% INTER 5.80 ▼ 3.33% EGX 52,564 ▼ 0.69% USD/ZAR 16.35 ▲ 0.14% USD/NGN 1,357 — 0.00% NIKKEI 67,393 ▼ 1.48% CSI300 4,939 ▲ 0.49% HSI 25,633 ▼ 1.56% NIFTY 23,406 ▼ 0.33% KOSPI 8,716 ▼ 0.98% JCI 5,941 ▼ 4.11% USD/JPY 159.90 ▼ 0.06% USD/CNY 6.7687 — 0.00% DAX 24,796 ▼ 1.31% CAC 8,150 ▼ 0.71% FTSE 10,332 ▼ 0.40% MIB 50,038 ▼ 1.07% IBEX 18,176 ▼ 0.53% STOXX 621.19 ▼ 0.66% EUR/USD 1.1608 ▲ 0.05% GBP/USD 1.3424 ▲ 0.02% SPX 7,554 ▼ 0.74% DJI 50,687 ▼ 1.21% NDX 30,571 ▼ 0.29% RUT 2,894 ▼ 1.31% TSX 34,802 ▼ 1.05% VIX 16.06 ▲ 1.84% USD/CAD 1.3896 ▲ 0.02% US10Y 4.4910 ▲ 0.81%
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Thursday, June 4, 2026

Why the U.S. Is Building a VPN to Undermine EU Speech Laws

By · February 19, 2026 · 3 min read

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KEY POINTS

  • The U.S. State Department is building a portal at “freedom.gov” that would let users in Europe and elsewhere access content blocked by their governments — including material classified as hate speech or terrorist propaganda under EU law, Reuters reported Wednesday citing three sources
  • Officials discussed embedding a VPN function that would make traffic appear to originate in the U.S., with no user tracking — the project is led by Undersecretary for Public Diplomacy Sarah Rogers and involves Edward Coristine, a former DOGE member now working at the National Design Studio
  • A former State Department official called it “a direct shot” at European rules — the portal was expected to launch at the Munich Security Conference but was delayed after State Department lawyers raised concerns, though a spokesperson denied both the delay and the legal objections

The U.S. State Department is developing an online portal designed to let people in Europe and other regions view content their own governments have banned. The site, hosted at “freedom.gov,” could include a built-in VPN that routes traffic through the United States, effectively allowing users to bypass national content restrictions. Reuters broke the story Wednesday, citing three sources familiar with the project.

Why the U.S. Is Building a VPN to Undermine EU Speech Laws. (Photo Internet reproduction)
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The domain was registered on January 12 and as of Wednesday showed only the National Design Studio’s logo, the words “fly, eagle, fly,” and a login form. The project is led by Undersecretary for Public Diplomacy Sarah Rogers. Edward Coristine, a former member of Elon Musk‘s Department of Government Efficiency, is also involved through the National Design Studio, created by Trump to overhaul government website aesthetics.

Two continents, two constitutions

The initiative reflects a widening transatlantic rift over speech. The U.S. Constitution protects virtually all expression. Europe’s approach, shaped by the legacy of extremist propaganda that fueled Nazism, draws firm lines around hate speech, terrorist content, and disinformation.

The EU’s Digital Services Act, in force since 2022, requires large platforms to act quickly against potentially illegal content through a notice-and-takedown system — even without a court order. Since July 2025, the European Code of Practice on Disinformation has added obligations including demonetization and audits. X paid a €120 million fine under these rules.

Trump administration officials have criticized these policies as suppressing conservative voices, singling out content moderation decisions in Romania, Germany, and France. The State Department told Reuters it does not have a censorship-circumvention program specific to Europe but called digital freedom “a priority.”

The problem with freedom.gov

Kenneth Propp, a former State Department official who handled European digital regulations and now works at the Atlantic Council, called the plan “a direct shot” at European rules. He said the portal would be seen as Washington actively helping citizens circumvent their own countries’ laws.

The portal was expected to debut at the Munich Security Conference last week but was delayed. Two sources said State Department lawyers raised concerns, though a spokesperson denied this. It remains unclear what advantage a government-backed VPN would offer over commercial alternatives. Before Trump’s second term, the U.S. funded similar circumvention tools — but those targeted authoritarian regimes in China, Iran, and Cuba. Turning that infrastructure against democratic allies is what makes freedom.gov unprecedented.

Related coverage: Brazil’s Morning Call | USA & Canada Intelligence Brief for Thursday, February 19, 2 This is part of The Rio Times’ daily coverage of global affairs and Latin American financial news.

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