IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.30% USD/MXN17.40▼ 0.06% USD/CLP935.37▼ 0.04% USD/COP3,202▼ 1.65% USD/PEN 3.40 — 0.00% USD/ARS1,479▲ 0.08% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.87% BRENT 94.02 ▲ 3.31% WTI 86.97 ▲ 2.43% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.07% GOLD 4,154 ▲ 2.04% SILVER 60.72 ▲ 3.20% SOY 1,235 ▲ 1.25% CORN 484.00 ▲ 6.90% WHEAT 702.25 ▲ 3.58% COFFEE 317.30 ▼ 4.41% SUGAR 14.79 ▼ 0.60% ORANGE JUICE 146.60 ▲ 1.95% COTTON 80.43 ▲ 1.86% COCOA 5,412 ▼ 3.48% BEEF 219.50 ▼ 3.17% CATTLE 336.70 ▼ 3.68% LITHIUM 69.37 ▲ 0.42% PETR4 42.61 ▲ 2.28% VALE3 74.32 ▲ 2.88% ITUB4 42.56 ▲ 0.07% BBDC4 18.64 ▲ 0.49% ABEV3 16.06 ▲ 1.65% BBAS3 20.81 ▼ 0.34% B3SA3 15.54 ▲ 2.44% WEGE3 46.38 ▲ 9.21% PRIO3 59.59 ▲ 2.42% SUZB3 42.40 ▲ 1.85% RENT3 36.82 ▲ 0.74% AZZA3 17.49 ▲ 0.06% CSAN3 3.90 ▲ 3.17% RAIZ4 0.27 — 0.00% PCAR3 2.69 ▼ 1.47% GMAT3 3.85 ▲ 0.52% PSSA3 54.54 ▲ 1.98% CVCB3 1.22 ▲ 8.93% POSI3 3.69 ▲ 0.27% SLCE3 13.85 ▲ 0.73% NATU3 8.78 ▲ 0.80% BRKM5 6.04 ▲ 5.78% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.84 ▲ 4.66% USIM5 8.55 ▲ 1.06% GGBR4 23.75 ▲ 1.11% ENEV3 25.57 ▲ 0.59% CPFE3 46.53 ▲ 0.28% CMIG4 11.09 ▲ 0.64% EQTL3 38.86 ▲ 0.08% LREN3 13.46 ▲ 1.43% VIVT3 35.86 ▲ 0.17% RAIL3 13.57 ▲ 2.49% KLABIN 17.86 ▲ 1.54% RAIA DROGASIL 18.18 ▲ 0.28% RDOR3 34.02 ▲ 0.29% HAPV3 11.43 ▲ 1.69% FLRY3 16.66 ▲ 0.66% SMTO3 15.97 ▲ 2.50% UGPA3 32.39 ▲ 1.79% VBBR3 34.42 ▲ 1.38% BBSE3 41.96 ▲ 0.99% BPAC11 56.08 ▲ 1.28% CURY3 30.08 ▲ 0.43% AERI3 2.06 ▲ 0.98% VIVARA 21.25 ▼ 0.75% COMPASS 24.61 ▲ 0.70% VAMOS 3.18 ▲ 2.91% SANB11 26.69 ▼ 1.91% ASAI3 8.40 ▲ 1.82% SBSP3 28.88 ▲ 0.98% WALMEX 49.44 ▲ 0.59% GMEXICO 211.86 ▲ 1.38% FEMSA 229.73 ▲ 1.32% CEMEX 22.39 ▲ 1.45% GFNORTE 189.41 ▲ 1.94% BIMBO 60.30 ▲ 1.53% TELEVISA 9.89 ▲ 1.33% AMX 22.80 ▲ 0.18% GAP 382.28 ▲ 0.99% ASUR 272.74 ▼ 0.81% OMA 232.18 ▲ 2.62% KOF 184.10 ▲ 2.01% GRUMA 282.46 ▼ 0.05% KIMBER 39.19 ▲ 2.06% SQM-B 65,892 ▲ 2.09% COPEC 6,355 ▼ 1.47% BSANTANDER 79.40 ▲ 0.49% FALABELLA 5,901 ▼ 0.31% ENELAM 84.31 ▼ 0.26% CENCOSUD 2,025 ▼ 0.13% CMPC 1,076 ▼ 0.71% BANCO CHILE 190.00 ▼ 0.01% LATAM AIR 23.97 ▼ 0.95% YPF 82,125 ▲ 1.86% GGAL 8,230 ▲ 3.33% PAMPA 5,535 ▲ 1.10% TXAR 676.00 ▼ 0.44% ALUAR 981.00 ▲ 0.82% TGS 9,845 ▲ 1.39% CEPU 2,360 ▲ 0.85% MIRGOR 16,925 ▲ 0.89% COME 43.10 ▲ 0.54% LOMA NEGRA 3,648 ▲ 1.18% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,305 ▲ 1.18% ECOPETROL 16.95 ▲ 2.51% BANCOLOMBIA 84.17 ▲ 0.63% GRUPO AVAL 5.09 — 0.00% CREDICORP 389.28 ▼ 0.47% SOUTHERN COPPER 191.44 ▲ 1.82% BUENAVENTURA 32.70 ▲ 4.64% MERCADOLIBRE 1,808 ▼ 0.80% NUBANK 14.02 ▼ 2.57% XP 16.98 ▲ 0.77% PAGSEGURO 9.47 ▼ 1.19% STONE 11.15 ▼ 0.98% GLOBANT 32.21 ▲ 0.34% TECNOGLASS 45.77 ▲ 1.36% GAP AIRPORT 219.38 ▲ 0.78% ASUR 272.74 ▼ 0.81% OMA AIRPORT 106.61 ▲ 2.28% AMX ADR 26.08 ▼ 0.04% FEMSA ADR 132.25 ▲ 1.46% CEMEX ADR 12.84 ▲ 1.10% PETROBRAS ADR 19.02 ▲ 2.59% VALE ADR 14.66 ▲ 2.84% ITAU ADR 8.41 ▲ 0.06% SANTANDER BR 5.39 ▼ 0.46% AMBEV ADR 3.16 ▲ 1.45% CSN 1.05 ▲ 5.00% GERDAU 4.71 ▲ 1.40% LATAM ADR 51.13 ▼ 0.85% BTC 65,578 ▼ 1.39% ETH 1,924 ▼ 0.25% SOL 77.41 ▼ 0.89% XRP 1.14 ▼ 0.53% BNB 570.37 ▼ 0.56% ADA 0.17 ▲ 0.38% DOGE 0.07 ▼ 1.11% AVAX 6.54 ▼ 0.33% LINK 8.64 ▼ 0.14% DOT 0.84 ▼ 1.16% LTC 46.59 ▼ 0.48% BCH 219.74 ▼ 1.77% TRX 0.33 ▼ 0.19% XLM 0.19 ▼ 1.46% HBAR 0.07 ▲ 2.92% NEAR 1.88 ▼ 3.11% ATOM 1.46 ▼ 1.55% AAVE 96.15 ▲ 0.60% SELIC 14.25% — EMBRAER 84.20 ▲ 1.88% EMBRAER ADR 66.64 ▲ 1.79% JBS 12.33 ▲ 3.14% JBS BDR 62.16 ▲ 3.22% MBRF3 15.42 ▲ 2.05% MBRFY 3.00 ▲ 1.69% INTER 5.50 ▼ 1.43% IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.30% USD/MXN 17.40 ▼ 0.06% USD/CLP 935.37 ▼ 0.04% USD/COP 3,204 ▼ 1.61% USD/PEN 3.40 — 0.00% USD/ARS 1,479 ▲ 0.08% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.87% BRENT 94.02 ▲ 3.31% WTI 86.97 ▲ 2.43% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.07% GOLD 4,154 ▲ 2.04% SILVER 60.72 ▲ 3.20% SOY 1,235 ▲ 1.25% CORN 484.00 ▲ 6.90% WHEAT 702.25 ▲ 3.58% COFFEE 317.30 ▼ 4.41% SUGAR 14.79 ▼ 0.60% ORANGE JUICE 146.60 ▲ 1.95% COTTON 80.43 ▲ 1.86% COCOA 5,412 ▼ 3.48% BEEF 219.50 ▼ 3.17% CATTLE 336.70 ▼ 3.68% LITHIUM 69.37 ▲ 0.42% PETR4 42.61 ▲ 2.28% VALE3 74.32 ▲ 2.88% ITUB4 42.56 ▲ 0.07% BBDC4 18.64 ▲ 0.49% ABEV3 16.06 ▲ 1.65% BBAS3 20.81 ▼ 0.34% B3SA3 15.54 ▲ 2.44% WEGE3 46.38 ▲ 9.21% PRIO3 59.59 ▲ 2.42% SUZB3 42.40 ▲ 1.85% RENT3 36.82 ▲ 0.74% AZZA3 17.49 ▲ 0.06% CSAN3 3.90 ▲ 3.17% RAIZ4 0.27 — 0.00% PCAR3 2.69 ▼ 1.47% GMAT3 3.85 ▲ 0.52% PSSA3 54.54 ▲ 1.98% CVCB3 1.22 ▲ 8.93% POSI3 3.69 ▲ 0.27% SLCE3 13.85 ▲ 0.73% NATU3 8.78 ▲ 0.80% BRKM5 6.04 ▲ 5.78% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.84 ▲ 4.66% USIM5 8.55 ▲ 1.06% GGBR4 23.75 ▲ 1.11% ENEV3 25.57 ▲ 0.59% CPFE3 46.53 ▲ 0.28% CMIG4 11.09 ▲ 0.64% EQTL3 38.86 ▲ 0.08% LREN3 13.46 ▲ 1.43% VIVT3 35.86 ▲ 0.17% RAIL3 13.57 ▲ 2.49% KLABIN 17.86 ▲ 1.54% RAIA DROGASIL 18.18 ▲ 0.28% RDOR3 34.02 ▲ 0.29% HAPV3 11.43 ▲ 1.69% FLRY3 16.66 ▲ 0.66% SMTO3 15.97 ▲ 2.50% UGPA3 32.39 ▲ 1.79% VBBR3 34.42 ▲ 1.38% BBSE3 41.96 ▲ 0.99% BPAC11 56.08 ▲ 1.28% CURY3 30.08 ▲ 0.43% AERI3 2.06 ▲ 0.98% VIVARA 21.25 ▼ 0.75% COMPASS 24.61 ▲ 0.70% VAMOS 3.18 ▲ 2.91% SANB11 26.69 ▼ 1.91% ASAI3 8.40 ▲ 1.82% SBSP3 28.88 ▲ 0.98% WALMEX 49.44 ▲ 0.59% GMEXICO 211.86 ▲ 1.38% FEMSA 229.73 ▲ 1.32% CEMEX 22.39 ▲ 1.45% GFNORTE 189.41 ▲ 1.94% BIMBO 60.30 ▲ 1.53% TELEVISA 9.89 ▲ 1.33% AMX 22.80 ▲ 0.18% GAP 382.28 ▲ 0.99% ASUR 272.74 ▼ 0.81% OMA 232.18 ▲ 2.62% KOF 184.10 ▲ 2.01% GRUMA 282.46 ▼ 0.05% KIMBER 39.19 ▲ 2.06% SQM-B 65,892 ▲ 2.09% COPEC 6,355 ▼ 1.47% BSANTANDER 79.40 ▲ 0.49% FALABELLA 5,901 ▼ 0.31% ENELAM 84.31 ▼ 0.26% CENCOSUD 2,025 ▼ 0.13% CMPC 1,076 ▼ 0.71% BANCO CHILE 190.00 ▼ 0.01% LATAM AIR 23.97 ▼ 0.95% YPF 82,125 ▲ 1.86% GGAL 8,230 ▲ 3.33% PAMPA 5,535 ▲ 1.10% TXAR 676.00 ▼ 0.44% ALUAR 981.00 ▲ 0.82% TGS 9,845 ▲ 1.39% CEPU 2,360 ▲ 0.85% MIRGOR 16,925 ▲ 0.89% COME 43.10 ▲ 0.54% LOMA NEGRA 3,648 ▲ 1.18% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,305 ▲ 1.18% ECOPETROL 16.95 ▲ 2.51% BANCOLOMBIA 84.17 ▲ 0.63% GRUPO AVAL 5.09 — 0.00% CREDICORP 389.28 ▼ 0.47% SOUTHERN COPPER 191.44 ▲ 1.82% BUENAVENTURA 32.70 ▲ 4.64% MERCADOLIBRE 1,808 ▼ 0.80% NUBANK 14.02 ▼ 2.57% XP 16.98 ▲ 0.77% PAGSEGURO 9.47 ▼ 1.19% STONE 11.15 ▼ 0.98% GLOBANT 32.21 ▲ 0.34% TECNOGLASS 45.77 ▲ 1.36% GAP AIRPORT 219.38 ▲ 0.78% ASUR 272.74 ▼ 0.81% OMA AIRPORT 106.61 ▲ 2.28% AMX ADR 26.08 ▼ 0.04% FEMSA ADR 132.25 ▲ 1.46% CEMEX ADR 12.84 ▲ 1.10% PETROBRAS ADR 19.02 ▲ 2.59% VALE ADR 14.66 ▲ 2.84% ITAU ADR 8.41 ▲ 0.06% SANTANDER BR 5.39 ▼ 0.46% AMBEV ADR 3.16 ▲ 1.45% CSN 1.05 ▲ 5.00% GERDAU 4.71 ▲ 1.40% LATAM ADR 51.13 ▼ 0.85% BTC 65,578 ▼ 1.39% ETH 1,924 ▼ 0.25% SOL 77.41 ▼ 0.89% XRP 1.14 ▼ 0.53% BNB 570.37 ▼ 0.56% ADA 0.17 ▲ 0.38% DOGE 0.07 ▼ 1.11% AVAX 6.54 ▼ 0.33% LINK 8.64 ▼ 0.14% DOT 0.84 ▼ 1.16% LTC 46.59 ▼ 0.48% BCH 219.74 ▼ 1.77% TRX 0.33 ▼ 0.19% XLM 0.19 ▼ 1.46% HBAR 0.07 ▲ 2.92% NEAR 1.88 ▼ 3.11% ATOM 1.46 ▼ 1.55% AAVE 96.15 ▲ 0.60% SELIC 14.25% — EMBRAER 84.20 ▲ 1.88% EMBRAER ADR 66.64 ▲ 1.79% JBS 12.33 ▲ 3.14% JBS BDR 62.16 ▲ 3.22% MBRF3 15.42 ▲ 2.05% MBRFY 3.00 ▲ 1.69% INTER 5.50 ▼ 1.43%

Venezuela Ecuador

Diplomatic Fallout: Venezuela Closes Embassy and Consulates in Ecuador

By Juan Martinez · April 16, 2024 · 2 min read

On April 16, following the arrest of former Ecuadorian Vice President Jorge Glas, Venezuelan President Nicolás Maduro ordered the closure of his country’s embassy and two consulates in Ecuador.

The closures, impacting the embassy in Quito and consulates in Quito and Guayaquil, underscore a sharp protest against what Maduro views as a breach of international law.

Glas, facing new corruption charges and previously convicted twice, was detained during a police raid at the Mexican Embassy.

Maduro stated at the CELAC summit that Venezuelan diplomats would return once Ecuador restored adherence to international legal norms.

His declaration was broadcast on state television, emphasizing the severity of the situation.

Diplomatic Fallout: Venezuela Closes Embassy and Consulates in Ecuador. (Photo Internet reproduction)

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Information Minister Freddy Ñáñez reiterated these sentiments online, marking a significant diplomatic stance.

Further complicating matters, Maduro criticized comments by Ecuadorian President Daniel Noboa, who expressed approval of the embassy raid.

Maduro interpreted these comments as a direct threat to all nations with a diplomatic presence in Ecuador, intensifying regional tensions.

The incident also prompted Mexico, which had offered political asylum to Glas, to sever diplomatic ties with Ecuador. This action reflects broader regional discomfort with Ecuador’s handling of the situation.

Brazilian President Luiz Inácio Lula da Silva also entered the fray, demanding a formal apology from Ecuador for disrupting diplomatic norms.

During a CELAC summit, he referenced the Caracas Convention on Diplomatic Asylum and stressed the International Court of Justice’s rulings.

Lula expressed solidarity with Mexico after discussing the embassy invasion with President Andrés Manuel López Obrador on April 9.

This series of diplomatic maneuvers and reactions highlights the volatile nature of Latin American politics.

Legal interpretations and diplomatic actions can quickly escalate into international incidents, influencing relationships and policies across the region.

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Diplomatic Fallout: Venezuela Closes Embassy and Consulates in Ecuador

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