IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.08▼ 0.30% USD/MXN17.39▼ 0.22% USD/CLP933.44▼ 0.11% USD/COP3,236▼ 1.01% USD/PEN3.39▲ 0.11% USD/ARS1,477▼ 0.30% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.11% BRENT 91.01 ▲ 2.01% WTI 84.25 ▲ 1.23% IRON ORE 161.91 — — COPPER 6.56 ▲ 4.19% GOLD 4,081 ▲ 1.77% SILVER 59.36 ▲ 4.49% SOY 1,222 ▼ 0.37% CORN 473.75 ▲ 5.39% WHEAT 672.50 ▼ 0.22% COFFEE 321.95 ▼ 3.72% SUGAR 14.97 ▲ 1.01% ORANGE JUICE 146.05 ▼ 0.92% COTTON 80.03 ▲ 3.44% COCOA 5,594 ▲ 1.34% BEEF 222.85 ▼ 1.62% CATTLE 344.40 ▼ 2.16% LITHIUM 69.35 ▲ 3.62% PETR4 41.51 ▲ 0.87% VALE3 72.28 ▲ 0.49% ITUB4 42.43 ▲ 0.31% BBDC4 18.42 ▲ 0.05% ABEV3 15.80 ▲ 0.06% BBAS3 20.58 ▲ 2.03% B3SA3 15.00 ▼ 1.70% WEGE3 42.91 ▼ 0.51% PRIO3 58.53 ▲ 1.46% SUZB3 41.93 ▲ 0.10% RENT3 36.66 ▼ 2.21% AZZA3 17.81 ▼ 1.98% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.82 ▼ 0.78% PSSA3 53.30 ▼ 1.66% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.65 ▲ 0.59% NATU3 8.67 ▲ 0.46% BRKM5 5.92 ▼ 0.34% RANI3 7.87 ▼ 1.50% CSNA3 5.12 ▲ 0.99% CMIN3 5.47 ▲ 1.48% USIM5 8.32 ▲ 1.96% GGBR4 23.67 ▲ 0.21% ENEV3 25.32 ▼ 1.29% CPFE3 46.28 ▼ 0.09% CMIG4 10.97 ▼ 0.45% EQTL3 38.41 ▼ 2.24% LREN3 13.23 ▼ 0.60% VIVT3 35.46 ▼ 0.59% RAIL3 13.28 ▼ 2.14% KLABIN 17.44 ▼ 0.23% RAIA DROGASIL 18.48 ▼ 1.12% RDOR3 33.20 ▼ 6.35% HAPV3 11.32 ▼ 1.99% FLRY3 16.36 ▼ 1.21% SMTO3 15.45 ▲ 0.26% UGPA3 31.44 ▼ 0.82% VBBR3 33.37 ▼ 2.17% BBSE3 41.06 ▲ 0.02% BPAC11 55.37 ▼ 0.84% CURY3 29.56 ▼ 2.09% AERI3 2.06 ▼ 0.48% VIVARA 21.42 ▼ 2.46% COMPASS 24.31 ▼ 1.18% VAMOS 3.13 ▲ 1.29% SANB11 27.35 ▲ 1.26% ASAI3 8.19 ▲ 0.61% SBSP3 28.47 ▼ 1.76% WALMEX 49.38 — 0.00% GMEXICO 205.49 ▲ 2.32% FEMSA 227.70 ▲ 0.32% CEMEX 21.95 ▲ 0.32% GFNORTE 183.48 ▲ 1.93% BIMBO 59.27 ▼ 0.39% TELEVISA 9.83 ▲ 1.24% AMX 22.71 ▼ 0.13% GAP 378.00 ▼ 0.05% ASUR 273.40 ▼ 0.35% OMA 225.65 ▼ 0.35% KOF 181.41 ▲ 0.33% GRUMA 287.04 ▼ 0.19% KIMBER 38.16 ▼ 0.60% SQM-B 64,800 ▲ 2.66% COPEC 6,370 ▲ 2.74% BSANTANDER 78.85 ▲ 3.63% FALABELLA 5,885 ▲ 0.17% ENELAM 84.63 ▲ 0.62% CENCOSUD 2,013 ▲ 0.89% CMPC 1,078 ▲ 1.14% BANCO CHILE 189.98 ▲ 1.87% LATAM AIR 24.54 ▲ 0.53% YPF 80,625 ▲ 1.80% GGAL 7,995 ▲ 1.91% PAMPA 5,470 ▲ 3.80% TXAR 667.00 ▼ 0.52% ALUAR 967.50 ▲ 0.83% TGS 9,625 ▲ 1.32% CEPU 2,324 ▲ 1.53% MIRGOR 16,875 ▼ 1.46% COME 43.11 ▲ 0.37% LOMA NEGRA 3,640 ▲ 1.89% BYMA 293.75 — 0.00% TELECOM ARG 4,185 ▲ 0.97% ECOPETROL 16.58 ▲ 3.43% BANCOLOMBIA 82.66 ▲ 2.28% GRUPO AVAL 4.97 ▲ 0.33% CREDICORP 394.97 ▲ 2.10% SOUTHERN COPPER 184.48 ▲ 5.38% BUENAVENTURA 31.20 ▲ 3.79% MERCADOLIBRE 1,809 ▼ 1.27% NUBANK 14.23 ▲ 1.68% XP 16.61 ▼ 1.16% PAGSEGURO 9.44 ▲ 1.61% STONE 11.12 ▼ 0.05% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.72 ▼ 0.85% GAP AIRPORT 217.84 ▲ 0.33% ASUR 273.40 ▼ 0.35% OMA AIRPORT 103.98 ▼ 0.03% AMX ADR 26.08 ▼ 0.10% FEMSA ADR 131.18 ▲ 0.90% CEMEX ADR 12.66 ▲ 1.32% PETROBRAS ADR 18.40 ▲ 1.13% VALE ADR 14.23 ▲ 0.92% ITAU ADR 8.36 ▲ 0.42% SANTANDER BR 5.41 ▲ 0.65% AMBEV ADR 3.09 ▲ 0.32% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% LATAM ADR 52.64 ▲ 1.74% BTC 66,484 ▲ 1.92% ETH 1,923 ▲ 0.99% SOL 77.97 ▲ 0.23% XRP 1.15 ▲ 3.37% BNB 574.03 ▲ 0.58% ADA 0.17 ▲ 2.19% DOGE 0.07 ▲ 1.54% AVAX 6.62 ▲ 0.67% LINK 8.66 ▲ 0.88% DOT 0.85 ▲ 3.13% LTC 47.66 ▲ 0.68% BCH 225.08 ▲ 2.35% TRX 0.33 ▲ 0.60% XLM 0.19 ▲ 2.60% HBAR 0.07 ▲ 2.69% NEAR 1.94 ▼ 2.05% ATOM 1.49 ▼ 0.14% AAVE 95.64 ▲ 6.53% SELIC 14.25% EMBRAER 83.02 ▼ 0.32% EMBRAER ADR 65.53 ▼ 0.61% JBS 11.85 ▼ 1.54% JBS BDR 60.04 ▼ 1.23% MBRF3 15.21 ▲ 4.75% MBRFY 2.99 ▲ 2.75% INTER 5.57 ▼ 0.89% IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.08 ▼ 0.30% USD/MXN 17.39 ▼ 0.24% USD/CLP 933.66 ▼ 0.09% USD/COP 3,239 ▼ 0.92% USD/PEN 3.39 ▲ 0.08% USD/ARS 1,477 ▼ 0.30% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.11% BRENT 91.01 ▲ 2.01% WTI 84.25 ▲ 1.23% IRON ORE 161.91 — — COPPER 6.56 ▲ 4.19% GOLD 4,081 ▲ 1.77% SILVER 59.36 ▲ 4.49% SOY 1,222 ▼ 0.37% CORN 473.75 ▲ 5.39% WHEAT 672.50 ▼ 0.22% COFFEE 321.95 ▼ 3.72% SUGAR 14.97 ▲ 1.01% ORANGE JUICE 146.05 ▼ 0.92% COTTON 80.03 ▲ 3.44% COCOA 5,594 ▲ 1.34% BEEF 222.85 ▼ 1.62% CATTLE 344.40 ▼ 2.16% LITHIUM 69.35 ▲ 3.62% PETR4 41.51 ▲ 0.87% VALE3 72.28 ▲ 0.49% ITUB4 42.43 ▲ 0.31% BBDC4 18.42 ▲ 0.05% ABEV3 15.80 ▲ 0.06% BBAS3 20.58 ▲ 2.03% B3SA3 15.00 ▼ 1.70% WEGE3 42.91 ▼ 0.51% PRIO3 58.53 ▲ 1.46% SUZB3 41.93 ▲ 0.10% RENT3 36.66 ▼ 2.21% AZZA3 17.81 ▼ 1.98% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.82 ▼ 0.78% PSSA3 53.30 ▼ 1.66% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.65 ▲ 0.59% NATU3 8.67 ▲ 0.46% BRKM5 5.92 ▼ 0.34% RANI3 7.87 ▼ 1.50% CSNA3 5.12 ▲ 0.99% CMIN3 5.47 ▲ 1.48% USIM5 8.32 ▲ 1.96% GGBR4 23.67 ▲ 0.21% ENEV3 25.32 ▼ 1.29% CPFE3 46.28 ▼ 0.09% CMIG4 10.97 ▼ 0.45% EQTL3 38.41 ▼ 2.24% LREN3 13.23 ▼ 0.60% VIVT3 35.46 ▼ 0.59% RAIL3 13.28 ▼ 2.14% KLABIN 17.44 ▼ 0.23% RAIA DROGASIL 18.48 ▼ 1.12% RDOR3 33.20 ▼ 6.35% HAPV3 11.32 ▼ 1.99% FLRY3 16.36 ▼ 1.21% SMTO3 15.45 ▲ 0.26% UGPA3 31.44 ▼ 0.82% VBBR3 33.37 ▼ 2.17% BBSE3 41.06 ▲ 0.02% BPAC11 55.37 ▼ 0.84% CURY3 29.56 ▼ 2.09% AERI3 2.06 ▼ 0.48% VIVARA 21.42 ▼ 2.46% COMPASS 24.31 ▼ 1.18% VAMOS 3.13 ▲ 1.29% SANB11 27.35 ▲ 1.26% ASAI3 8.19 ▲ 0.61% SBSP3 28.47 ▼ 1.76% WALMEX 49.38 — 0.00% GMEXICO 205.49 ▲ 2.32% FEMSA 227.70 ▲ 0.32% CEMEX 21.95 ▲ 0.32% GFNORTE 183.48 ▲ 1.93% BIMBO 59.27 ▼ 0.39% TELEVISA 9.83 ▲ 1.24% AMX 22.71 ▼ 0.13% GAP 378.00 ▼ 0.05% ASUR 273.40 ▼ 0.35% OMA 225.65 ▼ 0.35% KOF 181.41 ▲ 0.33% GRUMA 287.04 ▼ 0.19% KIMBER 38.16 ▼ 0.60% SQM-B 64,800 ▲ 2.66% COPEC 6,370 ▲ 2.74% BSANTANDER 78.85 ▲ 3.63% FALABELLA 5,885 ▲ 0.17% ENELAM 84.63 ▲ 0.62% CENCOSUD 2,013 ▲ 0.89% CMPC 1,078 ▲ 1.14% BANCO CHILE 189.98 ▲ 1.87% LATAM AIR 24.54 ▲ 0.53% YPF 80,625 ▲ 1.80% GGAL 7,995 ▲ 1.91% PAMPA 5,470 ▲ 3.80% TXAR 667.00 ▼ 0.52% ALUAR 967.50 ▲ 0.83% TGS 9,625 ▲ 1.32% CEPU 2,324 ▲ 1.53% MIRGOR 16,875 ▼ 1.46% COME 43.11 ▲ 0.37% LOMA NEGRA 3,640 ▲ 1.89% BYMA 293.75 — 0.00% TELECOM ARG 4,185 ▲ 0.97% ECOPETROL 16.58 ▲ 3.43% BANCOLOMBIA 82.66 ▲ 2.28% GRUPO AVAL 4.97 ▲ 0.33% CREDICORP 394.97 ▲ 2.10% SOUTHERN COPPER 184.48 ▲ 5.38% BUENAVENTURA 31.20 ▲ 3.79% MERCADOLIBRE 1,809 ▼ 1.27% NUBANK 14.23 ▲ 1.68% XP 16.61 ▼ 1.16% PAGSEGURO 9.44 ▲ 1.61% STONE 11.12 ▼ 0.05% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.72 ▼ 0.85% GAP AIRPORT 217.84 ▲ 0.33% ASUR 273.40 ▼ 0.35% OMA AIRPORT 103.98 ▼ 0.03% AMX ADR 26.08 ▼ 0.10% FEMSA ADR 131.18 ▲ 0.90% CEMEX ADR 12.66 ▲ 1.32% PETROBRAS ADR 18.40 ▲ 1.13% VALE 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Tuesday, July 21, 2026

Argentine Congress Faces Pivotal Vote on University Funding

By · October 9, 2024 · 2 min read

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President Javier Milei’s veto of a university funding law has ignited a fierce political battle in Argentina. The opposition aims to overturn the veto in a crucial congressional vote on Wednesday.

This showdown highlights the ongoing struggle between Milei’s austerity agenda and the defense of traditional public education. The government negotiates with undecided lawmakers to secure the 87 votes needed to uphold the veto.

Milei’s administration has 39 loyal deputies and support from former President Mauricio Macri’s PRO party. However, the president still needs to win over more legislators to reach the critical number.

If the veto stands, it will mark a significant victory for Milei’s cost-cutting measures. However, if overturned, the debate moves to the Senate, where the opposition holds a stronger position.

Either way, the vote will have far-reaching political consequences in Argentina. The president’s unwavering stance on deficit reduction has come at a high political cost.

Argentine Congress Faces Pivotal Vote on University Funding
Argentine Congress Faces Pivotal Vote on University Funding. (Photo Internet reproduction)
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By vetoing the funding law, Milei has angered the entire university community. This sector holds deep importance for Argentina‘s middle class and embodies the ideal of social mobility through free higher education.

Intensifying Student Protests in Argentina

Student protests have intensified, with occupations at several universities. Last week, 300,000 people marched in Buenos Aires alone, demanding increased funding for higher education.

More demonstrations are planned to pressure lawmakers ahead of the vote. Since Milei took office, state contributions to universities have fallen by 30%. Professors’ salaries have lost 23.7% of their purchasing power due to inflation.

The government recently decreed a 6.8% salary increase for university staff, despite failing to reach an agreement with unions. The administration insists it will not accept any spending bills that lack specific funding sources.

While the law’s fiscal impact is relatively small, Milei sees this as a crucial test of his deficit-reduction strategy. As the university funding vote approaches, both sides recognize its significance.

The outcome will shape the balance of power between Milei’s government and the opposition-controlled Congress. It will also set the tone for future debates on education funding and fiscal policy in Argentina.

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