IBOV 205,430.33 ▲ 0.54% IPSA 10,970.29 ▼ 0.01% IPC MEX 68,929.72 ▲ 1.87% MERVAL 2,848,945 ▼ 0.35% COLCAP 2,566.28 ▼ 0.55% BVL PERÚ 60,210.69 ▼ 0.91% USD/BRL5.07▲ 0.09% USD/MXN18.48▼ 0.01% USD/CLP984.38— 0.00% USD/COP3,171— 0.00% USD/PEN3.43▼ 0.01% USD/ARS1,518— 0.00% USD/UYU40.13▲ 3.03% USD/PYG5,686▲ 3.29% USD/BOB11.61▲ 2.19% USD/DOP61.26▲ 3.05% USD/CRC448.47▲ 1.74% USD/GTQ7.65▲ 3.33% USD/HNL26.86▲ 3.30% USD/NIO36.62— 0.00% USD/VES877.92▼ 0.23% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.35% EUR/BRL5.71▲ 1.16% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 205,430.33 ▲ 0.54% IPSA 10,970.29 ▼ 0.01% IPC MEX 68,929.72 ▲ 1.87% MERVAL 2,848,945 ▼ 0.35% COLCAP 2,566.28 ▼ 0.55% BVL PERÚ 60,210.69 ▼ 0.91% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Argentina Politics - Brazil

Argentina’s President seeks impeachment of Supreme Court leader

By · January 2, 2023 · 2 min read

Argentine President Alberto Fernández is seeking to impeach the leader of the country’s Supreme Court, in a move that heightens his recent rivalry with the court but is unlikely to succeed in Congress.

Fernández wrote in a New Year’s letter that he had gained support from some governors to move forward with impeachment proceedings against Supreme Court chief Horacio Rosatti.

Last month, Rosatti ordered the federal government to reimburse funds owed to the opposition-controlled city of Buenos Aires.

Alberto Fernández, President of Argentina: disagreement with Supreme Court decision on appeals to the city of Buenos Aires
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“In recent months, we have seen an unacceptable advance of the national judiciary over other powers in Argentina,” wrote Fernandez. “It is my responsibility to promote action when the federal system is in crisis.”

Rosatti is unlikely to be impeached because Argentine law requires two-thirds of the Chamber of Representatives to agree to bring charges against him, and the same majority in the Senate to support the case. Fernández’s coalition, which is already struggling to hold itself together ahead of this year’s presidential elections, lacks that presence in the legislature.

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Fernández initially refused to comply with the court order to transfer the money; he later said he would pay the city in bonds due in 2031, which city leaders rejected.

The case stems from a conflict that took place in 2020, when Fernández withdrew federal resources from the city and handed them over to the province of Buenos Aires, controlled by his coalition.

The money was to pay for police pay increases. The president justified the change by claiming that the city is much richer per capita than the province.

With information from Bloomberg

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error

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