IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,291,246 — 0.00% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL5.09▲ 0.17% USD/MXN17.43▲ 0.24% USD/CLP925.20▼ 0.09% USD/COP3,216▼ 1.35% USD/PEN3.39▲ 0.10% USD/ARS1,475▼ 0.05% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.63▲ 3.73% USD/DOP58.23▼ 0.03% USD/CRC447.87▲ 1.07% USD/GTQ7.62▲ 2.25% USD/HNL26.73▲ 0.09% USD/NIO36.62▲ 0.34% USD/VES725.63▲ 0.11% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.44% USD/TTD6.76▲ 1.32% EUR/BRL5.83▲ 0.47% BRENT 85.19 ▲ 0.28% WTI 80.00 ▲ 0.50% IRON ORE 161.91 — — COPPER 6.40 ▲ 1.64% GOLD 4,038 ▼ 0.15% SILVER 56.93 ▼ 0.32% SOY 1,206 ▲ 0.27% CORN 472.75 ▲ 5.64% WHEAT 681.50 ▲ 0.59% COFFEE 320.20 ▼ 4.26% SUGAR 14.46 ▼ 2.63% ORANGE JUICE 139.10 ▲ 0.18% COTTON 80.82 ▲ 0.32% COCOA 5,521 ▼ 3.77% BEEF 226.00 ▼ 2.34% CATTLE 349.95 ▲ 0.33% 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 177.25 ▼ 1.47% 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 64,112 ▼ 0.93% ETH 1,881 ▼ 1.89% SOL 76.03 ▼ 1.60% XRP 1.11 ▼ 0.49% BNB 576.65 ▼ 0.60% ADA 0.16 ▼ 1.63% DOGE 0.07 ▼ 1.23% AVAX 6.56 ▼ 2.03% LINK 8.43 ▼ 1.29% DOT 0.84 ▼ 1.11% LTC 44.47 ▼ 1.45% BCH 222.18 ▼ 0.44% TRX 0.32 ▼ 0.35% XLM 0.19 ▲ 0.87% HBAR 0.07 ▼ 0.66% NEAR 2.03 ▼ 1.84% ATOM 1.53 ▼ 1.51% AAVE 93.87 ▼ 2.05% 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% IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,291,246 — 0.00% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL 5.09 ▲ 0.17% USD/MXN 17.43 ▲ 0.24% USD/CLP 925.20 ▼ 0.09% USD/COP 3,216 ▼ 1.35% USD/PEN 3.39 ▲ 0.10% USD/ARS 1,475 ▼ 0.05% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.63 ▲ 3.73% USD/DOP 58.14 ▼ 0.19% USD/CRC 447.87 ▲ 1.07% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.73 ▲ 0.09% USD/NIO 36.62 ▲ 0.34% USD/VES 725.63 ▲ 0.11% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.44% USD/TTD 6.76 ▲ 1.46% EUR/BRL 5.83 ▲ 0.47% BRENT 85.19 ▲ 0.28% WTI 80.00 ▲ 0.50% IRON ORE 161.91 — — COPPER 6.40 ▲ 1.64% GOLD 4,038 ▼ 0.15% SILVER 56.93 ▼ 0.32% SOY 1,206 ▲ 0.27% CORN 472.75 ▲ 5.64% WHEAT 681.50 ▲ 0.59% COFFEE 320.20 ▼ 4.26% SUGAR 14.46 ▼ 2.63% ORANGE JUICE 139.10 ▲ 0.18% COTTON 80.82 ▲ 0.32% COCOA 5,521 ▼ 3.77% BEEF 226.00 ▼ 2.34% CATTLE 349.95 ▲ 0.33% 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 177.25 ▼ 1.47% 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 64,112 ▼ 0.93% ETH 1,881 ▼ 1.89% SOL 76.03 ▼ 1.60% XRP 1.11 ▼ 0.49% BNB 576.65 ▼ 0.60% ADA 0.16 ▼ 1.63% DOGE 0.07 ▼ 1.23% AVAX 6.56 ▼ 2.03% LINK 8.43 ▼ 1.29% DOT 0.84 ▼ 1.11% LTC 44.47 ▼ 1.45% BCH 222.18 ▼ 0.44% TRX 0.32 ▼ 0.35% XLM 0.19 ▲ 0.87% HBAR 0.07 ▼ 0.66% NEAR 2.03 ▼ 1.84% ATOM 1.53 ▼ 1.51% AAVE 93.87 ▼ 2.05% 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%
since 2009
Thursday, July 16, 2026

Defense Monitor

10 Key Military and Defense Developments in Latin America (September 22–25, 2025)

· Thursday, September 25, 2025 · 3 min read

This report provides a concise overview of the most significant military and defense developments in Latin America for the period of September 22–25, 2025.

Ranked by geopolitical significance, based on potential impacts to alliances, escalation risks, regional power balances, and involvement of major powers.

It highlights major events—including force posture shifts, multinational exercises, interdictions, and security policy moves—alongside key updates in defense cooperation and critical infrastructure.

Designed for policymakers, analysts, and readers seeking a clear view of current defense trends, this summary offers timely insights into a rapidly evolving regional landscape.

1. U.S. pushes larger Haiti security force; Kenya flags equipment issues (Sep 22)

At the UN, Washington proposed restructuring the Multinational Security Support mission into a bigger gang-suppression force, while Kenya—the lead contributor—criticized unreliable vehicles and logistics shortfalls hampering operations.

The plan aims to increase manpower and improve command-and-control to regain terrain from gangs.

Summary: A larger, retooled mission could alter the balance against gangs but hinges on consensus and fixes to basic enablers.

2. U.S. warns Haiti mission funding at risk without UN approval (Sep 24)

A senior U.S. diplomat said continued financing after December depends on Security Council approval of the proposed restructuring and expansion to roughly 5,500 personnel. Donor fatigue and mandate questions are central to the debate.

Summary: Funding leverage is being used to force mission redesign, raising stakes for near-term UN decisions.

10 Key Military and Defense Developments in Latin America (September 22–25, 2025)
10 Key Military and Defense Developments in Latin America (September 22–25, 2025). (Photo Internet reproduction)
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3. Colombia’s Petro calls for criminal probe of Trump over Caribbean strikes (Sep 23–24)

Speaking at the UN General Assembly, President Gustavo Petro urged criminal proceedings over recent U.S. military strikes on suspected drug-running boats, arguing the attacks criminalize poverty and inflame regional tensions. His remarks widened diplomatic criticism of maritime interdictions.

Summary: UN-level rebuke heightens legal and political pressure on U.S. operations and deepens diplomatic rifts.

4. Ecuador and the U.S. deepen defense ties with CIS agreement and radar donation (Sep 22–24)

SOUTHCOM’s commander visited Ecuador to sign a Communications Information Security agreement and preside over a U.S. radar donation aimed at boosting surveillance and interoperability. Quito framed the steps as part of a broader anti-cartel security push.

Summary: The cooperation upgrades Ecuador’s command-and-control and domain awareness amid wider anti-cartel efforts.

5. Costa Rica shuts national airspace after radar outage (Sep 24)

A power failure knocked out radar coverage, forcing a temporary closure that disrupted flights before restoration. Authorities opened an investigation into resilience gaps and contingency procedures.

Summary: The incident spotlights critical infrastructure vulnerabilities with civil-aviation and air-defense implications.

6. Brazil weighs purchasing used Gripen C/D to bridge fighter gap (Sep 22)

With delivery of Gripen E/Fs stretching to 2032, Brazil is evaluating acquiring a dozen used C/Ds from Sweden to avoid a capability dip as older F-5s retire. The stopgap would maintain air-policing and training until the main fleet arrives.

Summary: A stopgap fleet would sustain readiness while the flagship program catches up.

7. UNITAS 2025 continues with force-on-force and at-sea operations (Sep 23)

The hemisphere’s largest naval exercise pressed on along the U.S. East Coast, featuring urban training, unmanned systems demos, and joint events involving multiple Latin American forces. Emphasis remained on amphibious, maritime security, and interoperability tasks.

Summary: Multinational interoperability in maritime, amphibious, and littoral ops is being stress-tested this week.

8. U.S. Coast Guard offloads \$64.5M in cocaine after Western Caribbean patrols (Sep 24)

Following Joint Interagency Task Force–South operations, the Coast Guard offloaded roughly 8,700 pounds of cocaine seized during recent interdictions. The haul reflects sustained pressure on trafficking routes.

Summary: Maritime interdiction continues to disrupt transnational trafficking networks in the Caribbean basin.

9. U.S. designates Barrio 18 as a foreign terrorist organization (Sep 23–24)

Washington added El Salvador–rooted Barrio 18 to its FTO list, expanding legal tools against financing and leadership of transnational gangs across Central America. The move complements ongoing sanctions and extradition cooperation.

Summary: The designation elevates counter-gang cooperation and could reshape extradition and sanctions dynamics region-wide.

10. Gulf Clan–ELN clashes intensify in southern Bolívar despite “peace” overtures (Sep 22)

Reporting from Colombia highlighted escalated fighting over coca- and gold-rich corridors even as the government explores negotiations with the Clan del Golfo. Civilians faced displacement and disruptions to local economies.

Summary: Parallel talks and turf wars underscore the fragility of “Total Peace” and risks to energy and mining areas.

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