IBOV 175,912 ▲ 0.10% IPSA 10,928 ▲ 0.16% IPC MEX 66,701 ▲ 1.10% MERVAL 3,231,632 ▼ 0.11% COLCAP 2,292.84 ▼ 0.64% BVL PERÚ 56,428.20 ▲ 1.53% USD/BRL5.08▼ 1.21% USD/MXN17.44▼ 0.51% USD/CLP925.02▼ 0.84% USD/COP3,250▼ 0.37% USD/PEN3.39▼ 0.65% USD/ARS1,469▼ 0.98% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.25▲ 0.29% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.25% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 0.40% BRENT 84.61 ▲ 1.57% WTI 78.88 ▲ 0.95% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.21% GOLD 4,067 ▲ 1.75% SILVER 59.11 ▲ 2.55% SOY 1,192 ▼ 0.81% CORN 461.00 ▲ 5.31% WHEAT 645.50 ▲ 2.95% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 141.20 ▼ 0.95% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.80 ▼ 1.25% CATTLE 349.08 ▼ 1.49% LITHIUM 71.37 ▲ 1.61% PETR4 40.57 ▼ 0.22% VALE3 74.08 ▲ 1.69% ITUB4 43.36 ▼ 0.37% BBDC4 18.46 ▼ 1.65% ABEV3 15.83 — 0.00% BBAS3 20.47 ▲ 1.14% B3SA3 15.36 ▲ 1.59% WEGE3 44.35 ▼ 0.09% PRIO3 56.95 ▼ 0.44% SUZB3 41.31 ▼ 0.43% RENT3 40.38 ▲ 0.45% AZZA3 18.80 ▼ 2.19% CSAN3 3.87 ▼ 0.77% RAIZ4 0.32 ▼ 3.03% PCAR3 2.47 ▼ 4.63% GMAT3 3.95 ▲ 0.25% PSSA3 54.16 ▲ 0.22% CVCB3 1.35 ▲ 8.00% POSI3 3.93 ▼ 1.50% SLCE3 13.70 ▼ 1.23% NATU3 8.51 ▼ 1.05% BRKM5 6.65 ▼ 4.18% RANI3 8.02 ▲ 0.88% CSNA3 5.13 ▼ 2.10% CMIN3 5.15 ▼ 5.50% USIM5 8.28 ▼ 1.19% GGBR4 23.16 ▲ 1.49% ENEV3 26.77 ▼ 0.41% CPFE3 47.04 ▲ 0.43% CMIG4 11.12 ▲ 0.45% EQTL3 40.80 ▲ 1.47% LREN3 14.13 ▼ 0.14% VIVT3 35.44 ▲ 2.04% RAIL3 14.11 — 0.00% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.35 ▲ 0.82% RDOR3 35.77 ▲ 0.59% HAPV3 10.65 ▲ 1.82% FLRY3 16.37 ▲ 1.36% SMTO3 16.20 ▼ 1.04% UGPA3 29.96 ▼ 3.14% VBBR3 32.85 ▲ 0.27% BBSE3 40.24 ▼ 0.10% BPAC11 57.87 ▲ 0.61% CURY3 32.73 ▼ 1.18% AERI3 2.08 — 0.00% VIVARA 23.32 ▲ 0.91% COMPASS 25.23 ▲ 1.86% VAMOS 3.05 ▲ 0.99% SANB11 27.30 ▼ 0.26% ASAI3 8.66 ▼ 0.57% SBSP3 30.32 ▼ 0.16% WALMEX 49.53 ▼ 0.24% GMEXICO 200.25 ▲ 2.38% FEMSA 233.28 ▲ 3.51% CEMEX 22.19 ▲ 1.88% GFNORTE 187.00 ▲ 2.71% BIMBO 56.69 ▲ 1.47% TELEVISA 9.49 ▼ 1.25% AMX 22.89 ▲ 1.33% GAP 389.87 ▼ 4.49% ASUR 278.32 ▼ 0.12% OMA 235.09 ▲ 0.76% KOF 182.16 ▲ 0.26% GRUMA 283.08 ▲ 0.61% KIMBER 38.41 ▲ 0.50% SQM-B 67,483 ▲ 0.40% COPEC 6,077 ▲ 0.33% BSANTANDER 78.68 ▲ 0.61% FALABELLA 5,911 ▲ 0.10% ENELAM 85.19 ▲ 1.18% CENCOSUD 2,044 ▲ 0.20% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.28 ▲ 1.77% LATAM AIR 24.90 — 0.00% YPF 77,325 ▲ 0.19% GGAL 8,000 ▼ 0.99% PAMPA 5,210 ▼ 0.29% TXAR 661.00 ▼ 0.53% ALUAR 950.00 ▼ 1.50% TGS 9,685 ▲ 1.20% CEPU 2,313 ▼ 0.26% MIRGOR 16,750 ▼ 1.47% COME 45.28 ▲ 1.12% LOMA NEGRA 3,548 ▲ 1.43% BYMA 302.00 ▼ 2.03% TELECOM ARG 4,285 ▲ 0.82% ECOPETROL 16.03 ▲ 0.91% BANCOLOMBIA 81.43 ▲ 1.26% GRUPO AVAL 4.90 ▼ 0.20% CREDICORP 390.08 ▲ 0.22% SOUTHERN COPPER 179.92 ▲ 3.09% BUENAVENTURA 30.74 ▲ 3.07% MERCADOLIBRE 1,869 ▲ 0.11% NUBANK 13.96 ▲ 2.08% XP 16.77 ▲ 2.41% PAGSEGURO 9.23 ▼ 0.59% STONE 11.18 ▲ 0.27% GLOBANT 31.65 ▼ 1.46% TECNOGLASS 43.45 ▲ 1.42% GAP AIRPORT 223.48 ▼ 3.99% ASUR 278.32 ▼ 0.12% OMA AIRPORT 107.76 ▲ 1.54% AMX ADR 26.21 ▲ 0.69% FEMSA ADR 133.90 ▲ 3.79% CEMEX ADR 12.74 ▲ 2.29% PETROBRAS ADR 17.89 ▲ 0.03% VALE ADR 14.57 ▲ 2.72% ITAU ADR 8.53 ▲ 0.65% SANTANDER BR 5.40 ▲ 0.93% AMBEV ADR 3.09 ▲ 1.01% CSN 1.02 ▼ 0.97% GERDAU 4.58 ▲ 1.89% LATAM ADR 53.65 ▲ 0.60% BTC 64,597 ▲ 3.79% ETH 1,869 ▲ 5.41% SOL 77.15 ▲ 3.06% XRP 1.10 ▲ 3.61% BNB 580.91 ▲ 2.52% ADA 0.16 ▲ 4.11% DOGE 0.07 ▲ 3.73% AVAX 6.65 ▲ 3.19% LINK 8.27 ▲ 5.01% DOT 0.86 ▲ 2.33% LTC 44.63 ▲ 2.62% BCH 237.12 ▲ 0.37% TRX 0.33 ▲ 0.40% XLM 0.18 ▲ 2.21% HBAR 0.07 ▲ 0.32% NEAR 2.04 ▲ 6.43% ATOM 1.56 ▲ 1.50% AAVE 99.30 ▲ 5.23% SELIC 14.25% EMBRAER 82.81 ▼ 0.24% EMBRAER ADR 65.29 ▲ 1.26% JBS 11.83 ▲ 0.21% JBS BDR 59.92 ▼ 1.14% MBRF3 16.09 ▲ 2.35% MBRFY 3.11 ▲ 1.97% INTER 5.65 ▼ 0.09% EGX 52,299 ▼ 0.59% USD/ZAR16.37▼ 0.64% USD/NGN1,381▲ 0.07% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY162.16▼ 0.17% USD/CNY6.76▼ 0.31% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD1.14▲ 0.41% GBP/USD1.34▼ 0.04% SPX 7,550 ▲ 0.46% DJI 52,471 ▼ 0.05% NDX 29,651 ▲ 1.32% RUT 2,964 ▲ 0.37% TSX 35,304 ▲ 0.14% VIX 16.45 ▼ 4.14% USD/CAD1.41▼ 0.61% US10Y 4.5850 ▼ 0.52% IBOV 175,912 ▲ 0.10% IPSA 10,928 ▲ 0.16% IPC MEX 66,701 ▲ 1.10% MERVAL 3,231,632 ▼ 0.11% COLCAP 2,292.84 ▼ 0.64% BVL PERÚ 56,428.20 ▲ 1.53% USD/BRL 5.08 ▼ 1.21% USD/MXN 17.44 ▼ 0.51% USD/CLP 925.02 ▼ 0.84% USD/COP 3,250 ▼ 0.37% USD/PEN 3.39 ▼ 0.65% USD/ARS 1,469 ▼ 0.98% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.25 ▲ 0.29% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.25% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 0.40% BRENT 84.61 ▲ 1.57% WTI 78.88 ▲ 0.95% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.21% GOLD 4,067 ▲ 1.75% SILVER 59.11 ▲ 2.55% SOY 1,192 ▼ 0.81% CORN 461.00 ▲ 5.31% WHEAT 645.50 ▲ 2.95% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 141.20 ▼ 0.95% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.80 ▼ 1.25% CATTLE 349.08 ▼ 1.49% LITHIUM 71.37 ▲ 1.61% PETR4 40.57 ▼ 0.22% VALE3 74.08 ▲ 1.69% ITUB4 43.36 ▼ 0.37% BBDC4 18.46 ▼ 1.65% ABEV3 15.83 — 0.00% BBAS3 20.47 ▲ 1.14% B3SA3 15.36 ▲ 1.59% WEGE3 44.35 ▼ 0.09% PRIO3 56.95 ▼ 0.44% SUZB3 41.31 ▼ 0.43% RENT3 40.38 ▲ 0.45% AZZA3 18.80 ▼ 2.19% CSAN3 3.87 ▼ 0.77% RAIZ4 0.32 ▼ 3.03% PCAR3 2.47 ▼ 4.63% GMAT3 3.95 ▲ 0.25% PSSA3 54.16 ▲ 0.22% CVCB3 1.35 ▲ 8.00% POSI3 3.93 ▼ 1.50% SLCE3 13.70 ▼ 1.23% NATU3 8.51 ▼ 1.05% BRKM5 6.65 ▼ 4.18% RANI3 8.02 ▲ 0.88% CSNA3 5.13 ▼ 2.10% CMIN3 5.15 ▼ 5.50% USIM5 8.28 ▼ 1.19% GGBR4 23.16 ▲ 1.49% ENEV3 26.77 ▼ 0.41% CPFE3 47.04 ▲ 0.43% CMIG4 11.12 ▲ 0.45% EQTL3 40.80 ▲ 1.47% LREN3 14.13 ▼ 0.14% VIVT3 35.44 ▲ 2.04% RAIL3 14.11 — 0.00% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.35 ▲ 0.82% RDOR3 35.77 ▲ 0.59% HAPV3 10.65 ▲ 1.82% FLRY3 16.37 ▲ 1.36% SMTO3 16.20 ▼ 1.04% UGPA3 29.96 ▼ 3.14% VBBR3 32.85 ▲ 0.27% BBSE3 40.24 ▼ 0.10% BPAC11 57.87 ▲ 0.61% CURY3 32.73 ▼ 1.18% AERI3 2.08 — 0.00% VIVARA 23.32 ▲ 0.91% COMPASS 25.23 ▲ 1.86% VAMOS 3.05 ▲ 0.99% SANB11 27.30 ▼ 0.26% ASAI3 8.66 ▼ 0.57% SBSP3 30.32 ▼ 0.16% WALMEX 49.53 ▼ 0.24% GMEXICO 200.25 ▲ 2.38% FEMSA 233.28 ▲ 3.51% CEMEX 22.19 ▲ 1.88% GFNORTE 187.00 ▲ 2.71% BIMBO 56.69 ▲ 1.47% TELEVISA 9.49 ▼ 1.25% AMX 22.89 ▲ 1.33% GAP 389.87 ▼ 4.49% ASUR 278.32 ▼ 0.12% OMA 235.09 ▲ 0.76% KOF 182.16 ▲ 0.26% GRUMA 283.08 ▲ 0.61% KIMBER 38.41 ▲ 0.50% SQM-B 67,483 ▲ 0.40% COPEC 6,077 ▲ 0.33% BSANTANDER 78.68 ▲ 0.61% FALABELLA 5,911 ▲ 0.10% ENELAM 85.19 ▲ 1.18% CENCOSUD 2,044 ▲ 0.20% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.28 ▲ 1.77% LATAM AIR 24.90 — 0.00% YPF 77,325 ▲ 0.19% GGAL 8,000 ▼ 0.99% PAMPA 5,210 ▼ 0.29% TXAR 661.00 ▼ 0.53% ALUAR 950.00 ▼ 1.50% TGS 9,685 ▲ 1.20% CEPU 2,313 ▼ 0.26% MIRGOR 16,750 ▼ 1.47% COME 45.28 ▲ 1.12% LOMA NEGRA 3,548 ▲ 1.43% BYMA 302.00 ▼ 2.03% TELECOM ARG 4,285 ▲ 0.82% ECOPETROL 16.03 ▲ 0.91% BANCOLOMBIA 81.43 ▲ 1.26% GRUPO AVAL 4.90 ▼ 0.20% CREDICORP 390.08 ▲ 0.22% SOUTHERN COPPER 179.92 ▲ 3.09% BUENAVENTURA 30.74 ▲ 3.07% MERCADOLIBRE 1,869 ▲ 0.11% NUBANK 13.96 ▲ 2.08% XP 16.77 ▲ 2.41% PAGSEGURO 9.23 ▼ 0.59% STONE 11.18 ▲ 0.27% GLOBANT 31.65 ▼ 1.46% TECNOGLASS 43.45 ▲ 1.42% GAP AIRPORT 223.48 ▼ 3.99% ASUR 278.32 ▼ 0.12% OMA AIRPORT 107.76 ▲ 1.54% AMX ADR 26.21 ▲ 0.69% FEMSA ADR 133.90 ▲ 3.79% CEMEX ADR 12.74 ▲ 2.29% PETROBRAS ADR 17.89 ▲ 0.03% VALE ADR 14.57 ▲ 2.72% ITAU ADR 8.53 ▲ 0.65% SANTANDER BR 5.40 ▲ 0.93% AMBEV ADR 3.09 ▲ 1.01% CSN 1.02 ▼ 0.97% GERDAU 4.58 ▲ 1.89% LATAM ADR 53.65 ▲ 0.60% BTC 64,597 ▲ 3.79% ETH 1,869 ▲ 5.41% SOL 77.15 ▲ 3.06% XRP 1.10 ▲ 3.61% BNB 580.91 ▲ 2.52% ADA 0.16 ▲ 4.11% DOGE 0.07 ▲ 3.73% AVAX 6.65 ▲ 3.19% LINK 8.27 ▲ 5.01% DOT 0.86 ▲ 2.33% LTC 44.63 ▲ 2.62% BCH 237.12 ▲ 0.37% TRX 0.33 ▲ 0.40% XLM 0.18 ▲ 2.21% HBAR 0.07 ▲ 0.32% NEAR 2.04 ▲ 6.43% ATOM 1.56 ▲ 1.50% AAVE 99.30 ▲ 5.23% SELIC 14.25% EMBRAER 82.81 ▼ 0.24% EMBRAER ADR 65.29 ▲ 1.26% JBS 11.83 ▲ 0.21% JBS BDR 59.92 ▼ 1.14% MBRF3 16.09 ▲ 2.35% MBRFY 3.11 ▲ 1.97% INTER 5.65 ▼ 0.09% EGX 52,299 ▼ 0.59% USD/ZAR 16.36 ▼ 0.57% USD/NGN 1,381 ▲ 0.20% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY 162.17 ▼ 0.16% USD/CNY 6.7592 ▼ 0.17% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD 1.1429 ▲ 0.37% GBP/USD 1.3378 ▲ 0.22% SPX 7,550 ▲ 0.46% DJI 52,471 ▼ 0.05% NDX 29,651 ▲ 1.32% RUT 2,964 ▲ 0.37% TSX 35,304 ▲ 0.14% VIX 16.45 ▼ 4.14% USD/CAD 1.4069 ▼ 0.59% US10Y 4.5850 ▼ 0.52%
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Chile’s justice minister and presidential chief of staff resign in Boric’s second major crisis

By · January 8, 2023 · 3 min read

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One week after the controversy sparked by the pardons of 12 convicts of the 2019 riots and a former member of the radical armed group Patriotic Front Manuel Rodriguez (FPMR), Chile’s justice minister, Marcela Ríos, has resigned.

The announcement was made by the country’s president, Gabriel Boric.

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Chief of Staff and principal adviser to the Presidency, Matías Meza-Lopehandía, a lawyer specializing in human rights and indigenous peoples, has also resigned.

He had accompanied Boric since the electoral campaign. This is the second major crisis the president has faced since taking office in March 2021.

Gabriel Boric, (Photo internet reproduction)
Gabriel Boric, (Photo internet reproduction)
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Both Ríos and Meza Lopehandía come from Social Convergence.

This party defines itself as “feminist, socialist, and libertarian” and is part of the Broad Front, a coalition of leftist formations that support the president.

In a brief statement, the president argued that Ríos’ resignation, which was already being speculated about yesterday afternoon, is due to the confusion that occurred when “executing my decision to grant pardons and also considering the need to strengthen the political management of the Ministry of Justice and Human Rights.”

“When situations of these characteristics occur in politics, we must assume responsibilities,” said the president, who yesterday met with Ríos and Interior Minister Carolina Tohá.

The new minister will be the lawyer Luis Cordero Vega, who “will join the government team in the coming days since he is currently out of the country.

PRESSURE FROM THE OPPOSITION

The crisis in the Boric government erupted last Friday, after the announcement of the granting of pardons to 13 people, among them former guerrilla Jorge Mateluna, and grew throughout the week after the release of the résumé of one of those arrested for the riots, who has accumulated five sentences for minor crimes and 26 trials.

Mateluna was serving a prison sentence for participation in a bank branch robbery after being convicted in a trial full of irregularities and marked by the defendant’s insistence that he had mistaken himself for another.

As soon as the news came out, the ultraconservative Independent Democratic Union (UDI) party, formed at the time of Augusto Pinochet’s dictatorship, harshly criticized the president and announced the abandonment of the transversal security table formed by the government to find solutions to the problem that worries Chileans the most.

An effort led by the Interior Minister, who joined the government in September after the first major crisis, and who represents a more moderate, socialist wing.

The conservative opposition party National Renewal (RN) increased pressure on the government during the week, which threatened to bring constitutional charges against the minister for the pardons and the errors in announcing them.

SECOND GOVERNMENT CRISIS

The first crisis in Boric’s government occurred after the rejection victory in the plebiscite to change the constitution held on Sept. 4, when two of his closest collaborators fell, Interior Minister Izkia Siches and the Minister of Government-Congress Relations, Giorgio Jackson.

Moreover, it meant a more moderate turn to the left, creating the first fissures in the governing coalition.

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