IBOV 177,583.27 ▲ 1.09% IPSA 11,347.98 ▼ 0.86% IPC MEX 65,048.39 ▼ 0.67% MERVAL 2,999,080 ▲ 0.66% COLCAP 2,467.23 ▲ 0.38% BVL PERÚ 59,928.30 ▼ 0.14% USD/BRL5.18▼ 0.26% USD/MXN16.99▼ 0.25% USD/CLP932.51▲ 0.11% USD/COP3,222▲ 0.70% USD/PEN3.36▲ 0.37% USD/ARS1,509▼ 0.25% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.84▲ 0.51% USD/DOP58.64▲ 0.05% USD/CRC446.47▼ 0.04% USD/GTQ7.62▼ 0.02% USD/HNL26.84— 0.00% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.02▼ 0.19% 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 177,583.27 ▲ 1.09% IPSA 11,347.98 ▼ 0.86% IPC MEX 65,048.39 ▼ 0.67% MERVAL 2,999,080 ▲ 0.66% COLCAP 2,467.23 ▲ 0.38% BVL PERÚ 59,928.30 ▼ 0.14% 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%
since 2009
Monday, August 31, 2026

Chile’s President-Elect Signals Support For U.S. Action In Venezuela, And The Region Flinches

By · December 17, 2025 · 2 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.

Key Points

  • Chile’s incoming president, José Antonio Kast, said he would back any move that ends Nicolás Maduro’s rule, including a possible U.S. intervention.
  • The remarks came as Washington escalated pressure with a tanker blockade linked to Venezuela, while Mexico and Germany warned against violence.
  • Behind the rhetoric sits a harder reality: migration, remittances, and organized crime are turning Venezuela into a security and governance issue across the hemisphere.

José Antonio Kast has not taken office yet, but he is already redrawing Chile’s map of enemies and emergencies. In Buenos Aires, after meetings that included Argentina’s Javier Milei, the president-elect was asked about a possible U.S. intervention in Venezuela.

His answer was blunt: Chile will not solve Venezuela, but whoever does will have Chile’s support. He described Maduro’s government as a criminalized dictatorship, said a democratic election was “stolen,” and argued Maduro lacks legitimacy to rule.

The timing mattered. The same day, U.S. President Donald Trump announced what he called a “total and complete blockade” of sanctioned oil tankers entering or leaving Venezuela, a step designed to squeeze revenue and raise the cost of doing business with Caracas.

Mexico’s President Claudia Sheinbaum urged the United Nations to prevent violence, keeping to Mexico’s long-standing view that foreign intervention risks spirals the region cannot control. Germany added its own caution about moves that could endanger peace.

Chile’s President-Elect Signals Support For U.S. Action In Venezuela, And The Region Flinches. (Photo Internet reproduction)
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 →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Migration as a Security Test

Kast’s stance is not just about distant geopolitics. It is a preview of how Latin America’s migration politics may harden.

He won Chile’s runoff by roughly 58% to 42% on a platform centered on restoring order: tougher borders, expedited expulsions of people in irregular status, and a more aggressive state posture against drug trafficking.

In Buenos Aires he accused Maduro of blocking Venezuelans who want to return, preferring they stay abroad and keep sending money.

He vowed that remittances from people without legal status would no longer reach Caracas, and spoke of coordinating a “humanitarian corridor” with other presidents to return irregular migrants to their countries.

Venezuela answered quickly. Maduro issued a warning, widely circulated in regional media and on social platforms, telling Kast not to “touch a hair” of any Venezuelan and urging Venezuelans abroad to come home.

The story behind the story is power, not slogans. If the U.S. tightens the economic vise, neighboring states will face the next wave: displaced people, illicit flows, and political backlash. Kast is betting that clarity and pressure will look like leadership. His critics fear it looks like gasoline near a match.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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.