IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL5.11▲ 0.02% USD/MXN17.47▲ 0.01% USD/CLP923.90▼ 0.41% USD/COP3,237▼ 0.27% USD/PEN3.39▼ 0.02% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.37% USD/PYG6,055▲ 1.45% USD/BOB10.14▲ 4.01% USD/DOP58.65▲ 0.29% USD/CRC448.82▲ 1.41% USD/GTQ7.63▲ 2.31% USD/HNL26.72▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.40% USD/TTD6.75▲ 1.44% EUR/BRL5.84▲ 0.33% BRENT 78.56 ▲ 3.35% WTI 73.80 ▲ 3.35% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.63% GOLD 4,067 ▼ 0.91% SILVER 58.86 ▼ 1.59% SOY 1,198 ▲ 0.08% CORN 466.50 ▲ 6.51% WHEAT 637.25 ▲ 0.83% COFFEE 329.30 ▼ 3.99% SUGAR 14.79 ▼ 0.60% ORANGE JUICE 143.25 ▼ 4.44% COTTON 81.35 ▲ 1.79% COCOA 5,623 ▼ 5.00% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 62,930 ▼ 1.30% ETH 1,781 ▼ 1.36% SOL 76.35 ▼ 0.68% XRP 1.08 ▼ 0.69% BNB 569.00 ▼ 0.86% ADA 0.16 ▼ 1.46% DOGE 0.07 ▼ 0.47% AVAX 6.63 ▲ 3.56% LINK 7.94 ▼ 0.70% DOT 0.83 ▼ 1.68% LTC 43.57 ▼ 0.91% BCH 238.34 ▼ 0.68% TRX 0.33 ▼ 1.19% XLM 0.18 ▼ 1.25% HBAR 0.07 ▼ 1.01% NEAR 1.92 ▲ 1.50% ATOM 1.55 ▼ 1.16% AAVE 96.17 ▼ 0.92% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,569 ▲ 0.60% USD/ZAR16.35▲ 0.17% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY162.08▲ 0.22% USD/CNY6.78— 0.00% DAX 25,106 ▲ 0.16% CAC 8,345 ▲ 0.07% FTSE 10,486 ▼ 0.11% MIB 52,765 ▲ 0.29% IBEX 19,408 ▲ 0.12% STOXX 640.62 ▼ 0.07% EUR/USD1.14▲ 0.27% GBP/USD1.34▲ 0.03% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 16.31 ▲ 8.52% USD/CAD1.41▼ 0.24% US10Y 4.5690 ▲ 0.66% IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 ▲ 0.02% USD/MXN 17.47 ▼ 0.01% USD/CLP 923.90 ▼ 0.41% USD/COP 3,237 ▼ 0.27% USD/PEN 3.39 ▼ 0.02% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.37% USD/PYG 6,055 ▲ 1.45% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.65 ▲ 0.29% USD/CRC 448.82 ▲ 1.41% USD/GTQ 7.63 ▲ 2.31% USD/HNL 26.72 ▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.40% USD/TTD 6.75 ▲ 1.44% EUR/BRL 5.84 ▲ 0.33% BRENT 78.56 ▲ 3.35% WTI 73.80 ▲ 3.35% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.63% GOLD 4,067 ▼ 0.91% SILVER 58.86 ▼ 1.59% SOY 1,198 ▲ 0.08% CORN 466.50 ▲ 6.51% WHEAT 637.25 ▲ 0.83% COFFEE 329.30 ▼ 3.99% SUGAR 14.79 ▼ 0.60% ORANGE JUICE 143.25 ▼ 4.44% COTTON 81.35 ▲ 1.79% COCOA 5,623 ▼ 5.00% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 62,930 ▼ 1.30% ETH 1,781 ▼ 1.36% SOL 76.35 ▼ 0.68% XRP 1.08 ▼ 0.69% BNB 569.00 ▼ 0.86% ADA 0.16 ▼ 1.46% DOGE 0.07 ▼ 0.47% AVAX 6.63 ▲ 3.56% LINK 7.94 ▼ 0.70% DOT 0.83 ▼ 1.68% LTC 43.57 ▼ 0.91% BCH 238.34 ▼ 0.68% TRX 0.33 ▼ 1.19% XLM 0.18 ▼ 1.25% HBAR 0.07 ▼ 1.01% NEAR 1.92 ▲ 1.50% ATOM 1.55 ▼ 1.16% AAVE 96.17 ▼ 0.92% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,569 ▲ 0.60% USD/ZAR 16.35 ▲ 0.03% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY 162.09 ▲ 0.26% USD/CNY 6.7655 ▼ 0.02% DAX 25,106 ▲ 0.16% CAC 8,345 ▲ 0.07% FTSE 10,486 ▼ 0.11% MIB 52,765 ▲ 0.29% IBEX 19,408 ▲ 0.12% STOXX 640.62 ▼ 0.07% EUR/USD 1.1432 ▲ 0.11% GBP/USD 1.3392 ▼ 0.04% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 16.31 ▲ 8.52% USD/CAD 1.4129 ▼ 0.16% US10Y 4.5690 ▲ 0.66%
since 2009
Monday, July 13, 2026

Latin America Brazil

Buenos Aires Hardens Confinement to Contain Escalation of Covid-19 Cases

By · June 28, 2020 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – Buenos Aires returns to the strictest stage of quarantine. On Friday, President Alberto Fernández announced that he will fight the escalation of Covid-19 cases in the Argentine capital and its metropolitan area, where 93.5 percent of all new positives are concentrated.

After almost 100 days of confinement, the government has asked the population for “another effort” to “flatten the curve” of infections.

One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
President Alberto Fernández announced that he will fight the escalation of Covid-19 cases in the Argentine capital and its metropolitan area. (Photo: Internet Reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

“As of Monday, transport will be limited to the use of 24 essential activities. On Wednesday we will take one more step: we will ask everyone to isolate themselves in their homes again and leave only to buy supplies for daily life. This will be the case until July 17th,” Fernández said in a recorded announcement.

The interior of the country is experiencing another scenario, where there are hardly any positive cases and restrictions on movement are minimal.

Argentina’s strategy against the disease is increasingly less national and more AMBA, as the city of Buenos Aires and the surrounding provincial districts are called. It is home to 16 million people, equivalent to 35 percent of the country’s population located in only one percent of the territory. The concentration of people has made pandemic control more difficult, despite the isolation measures.

While cases of coronavirus are not growing much elsewhere in Argentina, in the large urban conglomerate the curve has been climbing uninterruptedly for two weeks.

Of the 2,606 positive cases recorded on Thursday, 2,424 were detected in Buenos Aires. The authorities fear that unless quarantine is tightened, the health system in the area will collapse in three weeks, which today stands at 54 percent capacity. “The AMBA is infecting the rest of the country and it must be isolated,” Fernández said.

Argentina records 52,457 positives for coronavirus and 1,167 deaths. These are very low numbers compared to neighboring countries such as Brazil (almost 1.3 million infections and 55,000 deaths) and Chile (260,000 cases and 7,000 deaths). Authorities attribute pandemic control to the quarantine in place since March 20th, but now fear that relaxation will trigger cases in Buenos Aires.

“Over the past 20 days, cases have increased by 147 percent, and deaths by 95 percent. We knew this could happen and we were prepared to fight it,” Fernández said. The strategy’s success will hinge on the population’s compliance, which is tired after a hundred days of confinement and an economy in free fall.

For the first time since the quarantine began, the announcement of the extension was recorded, the fifth since March 20th. However, the scenario was the same as on other occasions: President Fernández was joined by the mayor of Buenos Aires, opposition politician Horacio Rodríguez Larreta, and the governor of the province of Buenos Aires, Situationist Axel Kicillof.

The pandemic has pushed political differences to the future, forcing Rodríguez Larreta and Kicillof, two leaders who are politically on opposite sides, to come to an understanding.

Poverty growth

The prolonged quarantine has deepened poverty and social inequality in Argentina, concedes Social Development Minister Daniel Arroyo. “The food emergency was affecting eight million people, today it’s eleven,” Arroyo explained. One in four Argentineans has insufficient income to buy food, which forced the government to increase social aid, which today represents three percent of Argentina’s GDP.

Restrictions in Argentina are focused on the Argentine capital and its metropolitan area, where nine out of ten coronavirus positives are recorded. (Photo: Internet Reproduction)

Although Buenos Aires and its metropolitan area are nearing the peak of the pandemic, the outlook for the end of the year is devastating, particularly for children. According to the United Nations, almost 60 percent of the country’s children and adolescents will live in poor homes.

Arroyo believes that to emerge from the current crisis, Argentina must face “structural changes” in its reconstruction. Among them is the urbanization of the approximately 4,000 slums in which over 4 million people live and which have become one of the most vulnerable points of the pandemic, due to housing and water supply problems.

The Fernández government also intends to set work plans in motion and wants to create a basic income, similar to that approved in Spain, to replace the current Emergency Family Income.

Source: El País

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.