IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.29% USD/MXN17.40▼ 0.10% USD/CLP934.59▼ 0.12% USD/COP3,200▼ 1.73% USD/PEN3.40▲ 0.07% USD/ARS1,479▲ 0.05% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.88% BRENT 93.75 ▲ 3.01% WTI 86.63 ▲ 2.03% IRON ORE 161.91 — — COPPER 6.52 ▲ 0.09% GOLD 4,165 ▲ 2.30% SILVER 60.73 ▲ 3.21% SOY 1,237 ▲ 1.46% CORN 484.25 ▲ 6.96% WHEAT 704.00 ▲ 3.83% COFFEE 313.95 ▼ 5.42% SUGAR 14.71 ▼ 1.14% ORANGE JUICE 147.80 ▲ 2.78% COTTON 80.43 ▲ 1.86% COCOA 5,345 ▼ 4.67% BEEF 220.18 ▼ 2.87% CATTLE 338.55 ▼ 3.15% LITHIUM 69.38 ▲ 0.43% PETR4 42.41 ▲ 1.80% VALE3 74.57 ▲ 3.23% ITUB4 42.35 ▼ 0.42% BBDC4 18.58 ▲ 0.16% ABEV3 15.95 ▲ 0.95% BBAS3 20.87 ▼ 0.05% B3SA3 15.56 ▲ 2.57% WEGE3 46.94 ▲ 10.53% PRIO3 59.38 ▲ 2.06% SUZB3 41.93 ▲ 0.72% RENT3 36.85 ▲ 0.82% AZZA3 17.56 ▲ 0.46% CSAN3 3.89 ▲ 2.91% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▼ 0.37% GMAT3 3.85 ▲ 0.52% PSSA3 54.59 ▲ 2.08% CVCB3 1.20 ▲ 7.14% POSI3 3.72 ▲ 1.09% SLCE3 13.73 ▼ 0.15% NATU3 8.77 ▲ 0.69% BRKM5 6.10 ▲ 6.83% RANI3 7.97 ▲ 1.01% CSNA3 5.29 ▲ 4.55% CMIN3 5.81 ▲ 4.12% USIM5 8.61 ▲ 1.77% GGBR4 23.73 ▲ 1.02% ENEV3 25.63 ▲ 0.83% CPFE3 46.47 ▲ 0.15% CMIG4 11.07 ▲ 0.45% EQTL3 38.78 ▼ 0.13% LREN3 13.41 ▲ 1.06% VIVT3 35.35 ▼ 1.26% RAIL3 13.56 ▲ 2.42% KLABIN 17.78 ▲ 1.08% RAIA DROGASIL 18.16 ▲ 0.17% RDOR3 33.94 ▲ 0.06% HAPV3 11.51 ▲ 2.40% FLRY3 16.65 ▲ 0.60% SMTO3 15.96 ▲ 2.44% UGPA3 32.33 ▲ 1.60% VBBR3 34.50 ▲ 1.62% BBSE3 41.90 ▲ 0.84% BPAC11 56.14 ▲ 1.39% CURY3 30.19 ▲ 0.80% AERI3 2.05 ▲ 0.49% VIVARA 21.33 ▼ 0.37% COMPASS 24.75 ▲ 1.27% VAMOS 3.14 ▲ 1.62% SANB11 26.52 ▼ 2.54% ASAI3 8.39 ▲ 1.70% SBSP3 28.92 ▲ 1.12% WALMEX 49.08 ▼ 0.14% GMEXICO 213.75 ▲ 2.29% FEMSA 227.65 ▲ 0.40% CEMEX 22.14 ▲ 0.32% GFNORTE 187.53 ▲ 0.93% BIMBO 60.17 ▲ 1.31% TELEVISA 9.87 ▲ 1.13% AMX 22.74 ▼ 0.09% GAP 376.59 ▼ 0.51% ASUR 270.56 ▼ 1.60% OMA 227.12 ▲ 0.38% KOF 182.62 ▲ 1.19% GRUMA 279.31 ▼ 1.16% KIMBER 39.36 ▲ 2.50% SQM-B 66,393 ▲ 2.87% COPEC 6,464 ▲ 0.22% BSANTANDER 79.24 ▲ 0.29% FALABELLA 5,955 ▲ 0.62% ENELAM 84.40 ▼ 0.15% CENCOSUD 2,015 ▼ 0.64% CMPC 1,071 ▼ 1.17% BANCO CHILE 190.38 ▲ 0.19% LATAM AIR 23.99 ▼ 0.87% YPF 81,625 ▲ 1.24% GGAL 8,155 ▲ 2.39% PAMPA 5,530 ▲ 1.00% TXAR 674.00 ▼ 0.74% ALUAR 976.00 ▲ 0.31% TGS 9,770 ▲ 0.62% CEPU 2,358 ▲ 0.77% MIRGOR 16,850 ▲ 0.45% COME 43.05 ▲ 0.42% LOMA NEGRA 3,630 ▲ 0.69% BYMA 295.25 ▲ 1.03% TELECOM ARG 4,278 ▲ 0.53% ECOPETROL 16.79 ▲ 1.57% BANCOLOMBIA 84.08 ▲ 0.52% GRUPO AVAL 5.04 ▼ 1.08% CREDICORP 390.07 ▼ 0.26% SOUTHERN COPPER 193.81 ▲ 3.08% BUENAVENTURA 32.63 ▲ 4.42% MERCADOLIBRE 1,800 ▼ 1.22% NUBANK 14.04 ▼ 2.47% XP 16.99 ▲ 0.80% PAGSEGURO 9.54 ▼ 0.47% STONE 11.15 ▼ 0.93% GLOBANT 31.80 ▼ 0.93% TECNOGLASS 45.04 ▼ 0.24% GAP AIRPORT 216.11 ▼ 0.72% ASUR 270.56 ▼ 1.60% OMA AIRPORT 104.07 ▼ 0.16% AMX ADR 25.98 ▼ 0.42% FEMSA ADR 130.56 ▲ 0.16% CEMEX ADR 12.69 ▼ 0.12% PETROBRAS ADR 18.88 ▲ 1.81% VALE ADR 14.68 ▲ 2.98% ITAU ADR 8.34 ▼ 0.77% SANTANDER BR 5.35 ▼ 1.11% AMBEV ADR 3.13 ▲ 0.48% CSN 1.06 ▲ 6.00% GERDAU 4.70 ▲ 1.29% LATAM ADR 51.13 ▼ 0.85% BTC 65,969 ▼ 0.81% ETH 1,942 ▲ 0.69% SOL 78.54 ▲ 0.55% XRP 1.15 ▲ 0.86% BNB 572.29 ▼ 0.23% ADA 0.18 ▲ 2.28% DOGE 0.07 ▼ 0.32% AVAX 6.63 ▲ 1.05% LINK 8.69 ▲ 0.44% DOT 0.84 ▼ 0.21% LTC 46.79 ▼ 0.06% BCH 221.21 ▼ 1.11% TRX 0.33 ▼ 0.31% XLM 0.19 ▼ 0.66% HBAR 0.07 ▲ 3.84% NEAR 1.90 ▼ 2.07% ATOM 1.47 ▼ 1.22% AAVE 97.52 ▲ 2.04% SELIC 14.25% EMBRAER 82.89 ▲ 0.29% EMBRAER ADR 65.59 ▲ 0.18% JBS 12.02 ▲ 0.54% JBS BDR 60.70 ▲ 0.80% MBRF3 15.47 ▲ 2.38% MBRFY 3.01 ▲ 2.03% INTER 5.53 ▼ 0.90% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.43% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.12▼ 0.03% USD/CNY6.76▼ 0.08% DAX 25,166 ▲ 0.62% CAC 8,446 ▲ 1.00% FTSE 10,730 ▲ 1.36% MIB 52,749 ▲ 0.89% IBEX 19,579 ▲ 1.03% STOXX 647.23 ▲ 0.63% EUR/USD1.14▲ 0.12% GBP/USD 1.3379 — 0.00% SPX 7,520 ▲ 0.15% DJI 52,367 ▲ 0.27% NDX 29,159 ▲ 0.01% RUT 2,967 ▼ 0.69% TSX 35,581 ▲ 0.60% VIX 16.91 ▼ 0.82% USD/CAD1.41▼ 0.16% US10Y 4.6530 ▲ 0.54% IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.25% USD/MXN 17.40 ▼ 0.05% USD/CLP 934.87 ▼ 0.09% USD/COP 3,201 ▼ 1.70% USD/PEN 3.40 ▲ 0.07% USD/ARS 1,479 ▲ 0.05% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.81% BRENT 93.75 ▲ 3.01% WTI 86.63 ▲ 2.03% IRON ORE 161.91 — — COPPER 6.52 ▲ 0.09% GOLD 4,165 ▲ 2.30% SILVER 60.73 ▲ 3.21% SOY 1,237 ▲ 1.46% CORN 484.25 ▲ 6.96% WHEAT 704.00 ▲ 3.83% COFFEE 313.95 ▼ 5.42% SUGAR 14.71 ▼ 1.14% ORANGE JUICE 147.80 ▲ 2.78% COTTON 80.43 ▲ 1.86% COCOA 5,345 ▼ 4.67% BEEF 220.18 ▼ 2.87% CATTLE 338.55 ▼ 3.15% LITHIUM 69.38 ▲ 0.43% PETR4 42.41 ▲ 1.80% VALE3 74.57 ▲ 3.23% ITUB4 42.35 ▼ 0.42% BBDC4 18.58 ▲ 0.16% ABEV3 15.95 ▲ 0.95% BBAS3 20.87 ▼ 0.05% B3SA3 15.56 ▲ 2.57% WEGE3 46.94 ▲ 10.53% PRIO3 59.38 ▲ 2.06% SUZB3 41.93 ▲ 0.72% RENT3 36.85 ▲ 0.82% AZZA3 17.56 ▲ 0.46% CSAN3 3.89 ▲ 2.91% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▼ 0.37% GMAT3 3.85 ▲ 0.52% PSSA3 54.59 ▲ 2.08% CVCB3 1.20 ▲ 7.14% POSI3 3.72 ▲ 1.09% SLCE3 13.73 ▼ 0.15% NATU3 8.77 ▲ 0.69% BRKM5 6.10 ▲ 6.83% RANI3 7.97 ▲ 1.01% CSNA3 5.29 ▲ 4.55% CMIN3 5.81 ▲ 4.12% USIM5 8.61 ▲ 1.77% GGBR4 23.73 ▲ 1.02% ENEV3 25.63 ▲ 0.83% CPFE3 46.47 ▲ 0.15% CMIG4 11.07 ▲ 0.45% EQTL3 38.78 ▼ 0.13% LREN3 13.41 ▲ 1.06% VIVT3 35.35 ▼ 1.26% RAIL3 13.56 ▲ 2.42% KLABIN 17.78 ▲ 1.08% RAIA DROGASIL 18.16 ▲ 0.17% RDOR3 33.94 ▲ 0.06% HAPV3 11.51 ▲ 2.40% FLRY3 16.65 ▲ 0.60% SMTO3 15.96 ▲ 2.44% UGPA3 32.33 ▲ 1.60% VBBR3 34.50 ▲ 1.62% BBSE3 41.90 ▲ 0.84% BPAC11 56.14 ▲ 1.39% CURY3 30.19 ▲ 0.80% AERI3 2.05 ▲ 0.49% VIVARA 21.33 ▼ 0.37% COMPASS 24.75 ▲ 1.27% VAMOS 3.14 ▲ 1.62% SANB11 26.52 ▼ 2.54% ASAI3 8.39 ▲ 1.70% SBSP3 28.92 ▲ 1.12% WALMEX 49.08 ▼ 0.14% GMEXICO 213.75 ▲ 2.29% FEMSA 227.65 ▲ 0.40% CEMEX 22.14 ▲ 0.32% GFNORTE 187.53 ▲ 0.93% BIMBO 60.17 ▲ 1.31% TELEVISA 9.87 ▲ 1.13% AMX 22.74 ▼ 0.09% GAP 376.59 ▼ 0.51% ASUR 270.56 ▼ 1.60% OMA 227.12 ▲ 0.38% KOF 182.62 ▲ 1.19% GRUMA 279.31 ▼ 1.16% KIMBER 39.36 ▲ 2.50% SQM-B 66,393 ▲ 2.87% COPEC 6,464 ▲ 0.22% BSANTANDER 79.24 ▲ 0.29% FALABELLA 5,955 ▲ 0.62% ENELAM 84.40 ▼ 0.15% CENCOSUD 2,015 ▼ 0.64% CMPC 1,071 ▼ 1.17% BANCO CHILE 190.38 ▲ 0.19% LATAM AIR 23.99 ▼ 0.87% YPF 81,625 ▲ 1.24% GGAL 8,155 ▲ 2.39% PAMPA 5,530 ▲ 1.00% TXAR 674.00 ▼ 0.74% ALUAR 976.00 ▲ 0.31% TGS 9,770 ▲ 0.62% CEPU 2,358 ▲ 0.77% MIRGOR 16,850 ▲ 0.45% COME 43.05 ▲ 0.42% LOMA NEGRA 3,630 ▲ 0.69% BYMA 295.25 ▲ 1.03% TELECOM ARG 4,278 ▲ 0.53% ECOPETROL 16.79 ▲ 1.57% BANCOLOMBIA 84.08 ▲ 0.52% GRUPO AVAL 5.04 ▼ 1.08% CREDICORP 390.07 ▼ 0.26% SOUTHERN COPPER 193.81 ▲ 3.08% BUENAVENTURA 32.63 ▲ 4.42% MERCADOLIBRE 1,800 ▼ 1.22% NUBANK 14.04 ▼ 2.47% XP 16.99 ▲ 0.80% PAGSEGURO 9.54 ▼ 0.47% STONE 11.15 ▼ 0.93% GLOBANT 31.80 ▼ 0.93% TECNOGLASS 45.04 ▼ 0.24% GAP AIRPORT 216.11 ▼ 0.72% ASUR 270.56 ▼ 1.60% OMA AIRPORT 104.07 ▼ 0.16% AMX ADR 25.98 ▼ 0.42% FEMSA ADR 130.56 ▲ 0.16% CEMEX ADR 12.69 ▼ 0.12% PETROBRAS ADR 18.88 ▲ 1.81% VALE ADR 14.68 ▲ 2.98% ITAU ADR 8.34 ▼ 0.77% SANTANDER BR 5.35 ▼ 1.11% AMBEV ADR 3.13 ▲ 0.48% CSN 1.06 ▲ 6.00% GERDAU 4.70 ▲ 1.29% LATAM ADR 51.13 ▼ 0.85% BTC 65,969 ▼ 0.81% ETH 1,942 ▲ 0.69% SOL 78.54 ▲ 0.55% XRP 1.15 ▲ 0.86% BNB 572.29 ▼ 0.23% ADA 0.18 ▲ 2.28% DOGE 0.07 ▼ 0.32% AVAX 6.63 ▲ 1.05% LINK 8.69 ▲ 0.44% DOT 0.84 ▼ 0.21% LTC 46.79 ▼ 0.06% BCH 221.21 ▼ 1.11% TRX 0.33 ▼ 0.31% XLM 0.19 ▼ 0.66% HBAR 0.07 ▲ 3.84% NEAR 1.90 ▼ 2.07% ATOM 1.47 ▼ 1.22% AAVE 97.52 ▲ 2.04% SELIC 14.25% EMBRAER 82.89 ▲ 0.29% EMBRAER ADR 65.59 ▲ 0.18% JBS 12.02 ▲ 0.54% JBS BDR 60.70 ▲ 0.80% MBRF3 15.47 ▲ 2.38% MBRFY 3.01 ▲ 2.03% INTER 5.53 ▼ 0.90% EGX 53,932 ▼ 0.11% USD/ZAR 16.41 ▼ 0.31% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.11 ▼ 0.02% USD/CNY 6.7608 ▲ 0.06% DAX 25,166 ▲ 0.62% CAC 8,446 ▲ 1.00% FTSE 10,730 ▲ 1.36% MIB 52,749 ▲ 0.89% IBEX 19,579 ▲ 1.03% STOXX 647.23 ▲ 0.63% EUR/USD 1.1417 ▲ 0.11% GBP/USD 1.3379 — 0.00% SPX 7,520 ▲ 0.15% DJI 52,367 ▲ 0.27% NDX 29,159 ▲ 0.01% RUT 2,967 ▼ 0.69% TSX 35,581 ▲ 0.60% VIX 16.91 ▼ 0.82% USD/CAD 1.4085 ▼ 0.15% US10Y 4.6530 ▲ 0.54%
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Wednesday, July 22, 2026

Will Puerto Rico be recognized as a new country or will it join the US as a state?

By · June 5, 2023 · 3 min read

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By Fátima Romero

Throughout its history, Puerto Rico, “the island of enchantment,” has initiated several movements to gain independence, first from the Spanish Empire from 1493 to 1898 and then from the United States.

“Puerto Rico has been a colony for more than 500 years,” said José Caraballo Cueto, associate professor at the University of Puerto Rico at Rio Piedras Campus, at a recent conference.

Now, a new initiative could finally achieve that goal.

After more than a century as a possession of the United States, Puerto Rico would be on its way to having the strength and sovereignty of a state or nation (Photo internet reproduction)
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In the medium term, the people of Puerto Rico will decide their status concerning the United States through the Status Act (HR2757).

This proposal, which seeks to give a stronger voice to the citizenry, was approved by the US House of Representatives in December 2022.

The bill calls for a local referendum in Puerto Rico in which people can vote to secede from the United States and be recognized as a new country, permanently join the US as a state, or it can remain a territory indefinitely.

President Joe Biden called the bill “a fair and binding democratic process to address Puerto Rico’s political status,” but the measure failed in the Senate before Congress adjourned for the year.

WHAT WOULD HAPPEN IF THE BILL PASSES?

On April 20, a bipartisan group of congressional representatives reintroduced the bill.

At the press conference launching the revamped proposal, it appears that the only significant change from the 2022 bill is the new plebiscite voting date: November 2025.

The territory’s governor, Pedro Pierluisi, pointed out in a press conference that Puerto Ricans cannot vote for the president of the United States, have no voting representation in Congress, and do not receive the treatment “we deserve in multiple federal government programs.”

If the House of Representatives again passes the Puerto Rico Status Act and the bill advances to the White House for President Biden’s signature, Puerto Ricans can vote for permanent political status for the US territory in a federally sanctioned local plebiscite vote.

After more than a century as a possession of the United States, Puerto Rico would be on its way to having the strength and sovereignty of a state or nation.

However, many observers do not believe this scenario is likely to happen, especially in the partisan atmosphere in Washington, DC, today, which makes it difficult to pass any legislation.

However, after decades of discussion about Puerto Rico’s status, debate remains over many pieces of the status puzzle, including basic government policy positions, such as whether the United States is prepared to maintain US citizenship for most of Puerto Rico’s 3.2 million residents if the island were recognized as a country.

PUERTO RICO, THE 51st STATE?

Puerto Rico has been under the US flag since 1898, after being acquired in the Spanish-American War, and Puerto Ricans were granted US citizenship in 1917.

Usually, territories have become states relatively quickly, only New Mexico (59 years), Utah (47 years), and Arkansas (33 years) took longer, but Puerto Rico has been waiting 125 years.

“The inherent inequality of the Puerto Rico territory’s current status limits economic development, creates a lower quality of life, and has pushed hundreds of thousands of US citizens in Puerto Rico to relocate to the United States, further weakening the territory,” the PR51st initiative says.

Puerto Rico faces a crisis linked to deindustrialization and public debt but is beginning to show signs of growth, with projections of 0.3% and 0.8% for fiscal years 2023 and 2024, respectively, according to the Planning Board government agency.

With information from Bloomberg

News Puerto Rico, English news Puerto Rico, Puerto Rico politics

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