IBOV 171,150 ▼ 0.51% IPSA 10,840 ▲ 0.72% IPC MEX 67,003 ▲ 0.05% MERVAL 3,146,776 ▼ 0.69% COLCAP 2,276.85 ▲ 0.34% BVL PERÚ 55,499.93 — 0.00% USD/BRL5.21▲ 0.83% USD/MXN17.54▲ 0.28% USD/CLP926.44▲ 0.32% USD/COP3,403▼ 1.16% USD/PEN3.41▼ 0.37% USD/ARS1,485▲ 0.07% USD/UYU40.22▲ 1.44% USD/PYG6,084▲ 1.98% USD/BOB6.85▲ 1.65% USD/DOP59.20▲ 0.91% USD/CRC450.59▲ 2.27% USD/GTQ7.62▲ 2.44% USD/HNL26.70▲ 0.48% USD/NIO36.62▲ 0.89% USD/VES620.66▲ 5.79% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.19▲ 0.37% USD/TTD6.74▲ 1.30% EUR/BRL5.92▲ 0.09% BRENT 71.20 ▼ 2.36% WTI 68.12 ▼ 1.99% IRON ORE 161.91 — — COPPER 6.19 ▼ 0.04% GOLD 4,097 ▲ 1.85% SILVER 60.72 ▲ 2.08% SOY 1,149 ▲ 2.84% CORN 440.25 ▲ 6.66% WHEAT 600.50 ▲ 3.40% COFFEE 296.75 ▼ 4.64% SUGAR 14.99 ▲ 4.53% ORANGE JUICE 169.80 ▼ 1.71% COTTON 77.93 ▲ 7.91% COCOA 5,081 ▲ 1.58% BEEF 241.65 ▼ 6.41% CATTLE 365.00 ▲ 0.11% LITHIUM 78.59 ▲ 0.40% PETR4 37.62 ▼ 0.48% VALE3 78.24 ▲ 0.46% ITUB4 42.57 ▲ 0.97% BBDC4 18.09 ▲ 0.05% ABEV3 16.30 ▲ 0.06% BBAS3 19.83 ▼ 0.40% B3SA3 14.46 ▼ 0.48% WEGE3 46.22 ▼ 1.47% PRIO3 52.09 ▼ 0.12% SUZB3 40.08 ▲ 0.83% RENT3 41.17 ▼ 0.89% AZZA3 17.62 ▼ 1.45% CSAN3 3.54 ▼ 4.32% RAIZ4 0.39 ▲ 2.63% PCAR3 2.25 ▼ 2.60% GMAT3 3.63 ▼ 1.09% PSSA3 52.56 ▼ 0.68% CVCB3 1.35 ▼ 0.74% POSI3 4.09 ▼ 0.24% SLCE3 12.66 ▼ 1.86% NATU3 8.55 ▼ 2.06% BRKM5 6.37 ▲ 0.16% RANI3 7.90 ▲ 0.77% CSNA3 4.60 ▼ 0.43% CMIN3 4.13 ▼ 1.20% USIM5 8.49 ▲ 0.47% GGBR4 20.67 ▼ 0.53% ENEV3 26.05 ▼ 2.51% NEOE3 33.80 — 0.00% CPFE3 43.95 ▼ 1.85% CMIG4 10.71 ▼ 1.47% EQTL3 37.98 ▼ 2.47% LREN3 14.81 ▲ 0.34% VIVT3 33.88 ▼ 0.21% RAIL3 13.08 ▼ 2.61% KLABIN 16.72 ▼ 0.12% RAIA DROGASIL 16.62 ▼ 1.13% RDOR3 34.54 ▼ 0.49% HAPV3 10.19 ▼ 0.20% FLRY3 15.32 ▼ 0.52% SMTO3 15.92 ▲ 1.40% UGPA3 25.67 ▼ 1.50% VBBR3 29.35 ▼ 1.81% BBSE3 37.79 ▼ 3.52% BPAC11 53.83 ▼ 0.48% CURY3 34.49 ▼ 1.63% AERI3 2.04 ▲ 0.99% VIVARA 22.74 ▼ 0.61% COMPASS 24.17 ▼ 0.45% VAMOS 2.76 ▼ 1.78% SANB11 26.80 — 0.00% ASAI3 8.66 ▼ 0.92% SBSP3 29.34 ▼ 1.01% WALMEX 51.16 ▼ 0.41% GMEXICO 197.06 ▼ 0.60% FEMSA 222.26 ▼ 0.31% CEMEX 21.28 ▲ 1.33% GFNORTE 187.86 ▲ 1.78% BIMBO 56.35 ▼ 1.40% TELEVISA 9.56 ▼ 0.10% AMX 22.58 ▼ 0.31% GAP 444.08 ▲ 0.41% ASUR 304.57 ▼ 0.70% OMA 246.24 ▼ 0.56% KOF 184.12 ▼ 0.42% GRUMA 280.15 ▼ 0.28% KIMBER 38.21 ▲ 0.08% SQM-B 68,997 ▲ 0.80% COPEC 5,775 ▲ 0.41% BSANTANDER 76.12 ▲ 0.82% FALABELLA 5,740 ▼ 0.28% ENELAM 82.50 ▼ 0.12% CENCOSUD 2,109 ▼ 0.98% CMPC 1,028 ▲ 0.19% BANCO CHILE 181.05 ▲ 0.30% LATAM AIR 26.40 ▼ 1.53% YPF 70,200 ▼ 1.30% GGAL 7,630 ▼ 2.05% PAMPA 5,095 ▼ 0.49% TXAR 666.00 ▲ 0.53% ALUAR 988.00 ▲ 0.71% TGS 9,250 — 0.00% CEPU 2,319 ▲ 0.52% MIRGOR 16,175 ▼ 0.31% COME 41.65 ▼ 0.64% LOMA NEGRA 3,553 ▼ 1.52% BYMA 308.50 ▼ 0.48% TELECOM ARG 3,983 ▼ 1.55% ECOPETROL 14.37 ▲ 0.91% BANCOLOMBIA 79.21 ▼ 0.28% GRUPO AVAL 5.16 ▲ 2.58% CREDICORP 394.80 ▲ 1.34% SOUTHERN COPPER 171.27 ▼ 1.72% BUENAVENTURA 28.97 ▼ 1.09% MERCADOLIBRE 1,734 ▲ 2.18% NUBANK 13.87 ▲ 3.82% XP 16.38 ▲ 0.71% PAGSEGURO 9.13 ▲ 0.83% STONE 11.18 ▲ 3.14% GLOBANT 31.45 ▲ 8.67% TECNOGLASS 48.34 ▲ 3.27% GAP AIRPORT 253.72 ▲ 0.22% ASUR 304.57 ▼ 0.70% OMA AIRPORT 112.27 ▼ 0.73% AMX ADR 25.68 ▼ 1.19% FEMSA ADR 126.69 ▼ 0.95% CEMEX ADR 12.12 ▲ 0.96% PETROBRAS ADR 15.89 ▼ 1.70% VALE ADR 14.96 ▼ 0.57% ITAU ADR 8.16 ▼ 0.18% SANTANDER BR 5.20 ▼ 1.05% AMBEV ADR 3.11 ▼ 0.96% CSN 0.91 ▼ 1.05% GERDAU 3.97 ▼ 1.75% LATAM ADR 56.91 ▼ 2.33% BTC 60,109 ▲ 2.65% ETH 1,620 ▲ 3.20% SOL 77.21 ▲ 5.01% XRP 1.06 ▲ 2.07% BNB 552.23 ▲ 1.20% ADA 0.16 ▲ 7.86% DOGE 0.07 ▲ 1.69% AVAX 6.72 ▲ 2.96% LINK 7.40 ▲ 2.96% DOT 0.85 ▲ 2.97% LTC 42.74 ▲ 2.06% BCH 214.71 ▲ 7.63% TRX 0.32 ▲ 0.94% XLM 0.20 ▲ 6.79% HBAR 0.07 ▲ 2.70% NEAR 1.85 ▲ 3.85% ATOM 1.56 ▲ 3.14% AAVE 86.78 ▲ 2.08% SELIC 14.25% EMBRAER 82.26 ▲ 0.50% EMBRAER ADR 63.21 ▼ 0.93% JBS 11.98 ▲ 1.05% JBS BDR 62.31 ▲ 2.40% MBRF3 18.07 ▲ 0.22% MBRFY 3.46 ▼ 0.29% INTER 5.61 ▲ 3.22% EGX 50,533 ▲ 0.09% USD/ZAR16.40▲ 0.01% USD/NGN 1,378 — 0.00% NIKKEI 70,475 ▲ 0.59% CSI300 4,959 ▼ 0.41% HSI 22,881 ▼ 0.63% NIFTY 24,006 ▲ 0.59% KOSPI 8,303 ▼ 2.04% JCI 5,695 ▲ 0.92% USD/JPY162.42▼ 0.09% USD/CNY6.78▼ 0.10% DAX 25,007 ▲ 0.05% CAC 8,323 ▼ 0.96% FTSE 10,462 ▼ 0.34% MIB 51,505 ▼ 0.34% IBEX 19,375 ▼ 0.50% STOXX 638.33 ▼ 0.53% EUR/USD1.14▼ 0.31% GBP/USD1.33▲ 0.11% SPX 7,520 ▲ 0.28% DJI 52,542 ▲ 0.43% NDX 30,073 ▼ 0.67% RUT 3,038 ▲ 0.45% TSX 34,857 ▲ 0.10% VIX 16.23 ▼ 1.34% USD/CAD1.42▲ 0.07% US10Y 4.4630 ▲ 1.02% IBOV 171,150 ▼ 0.51% IPSA 10,840 ▲ 0.72% IPC MEX 67,003 ▲ 0.05% MERVAL 3,146,776 ▼ 0.69% COLCAP 2,276.85 ▲ 0.34% BVL PERÚ 55,499.93 — 0.00% USD/BRL 5.21 ▲ 0.83% USD/MXN 17.54 ▲ 0.28% USD/CLP 926.44 ▲ 0.32% USD/COP 3,403 ▼ 1.16% USD/PEN 3.41 ▼ 0.37% USD/ARS 1,485 ▲ 0.07% USD/UYU 40.22 ▲ 1.44% USD/PYG 6,084 ▲ 1.98% USD/BOB 6.85 ▲ 1.65% USD/DOP 59.20 ▲ 0.91% USD/CRC 450.59 ▲ 2.27% USD/GTQ 7.62 ▲ 2.44% USD/HNL 26.70 ▲ 0.48% USD/NIO 36.62 ▲ 0.89% USD/VES 620.66 ▲ 5.79% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.19 ▲ 0.37% USD/TTD 6.74 ▲ 1.30% EUR/BRL 5.92 ▲ 0.09% BRENT 71.20 ▼ 2.36% WTI 68.12 ▼ 1.99% IRON ORE 161.91 — — COPPER 6.19 ▼ 0.04% GOLD 4,097 ▲ 1.85% SILVER 60.72 ▲ 2.08% SOY 1,149 ▲ 2.84% CORN 440.25 ▲ 6.66% WHEAT 600.50 ▲ 3.40% COFFEE 296.75 ▼ 4.64% SUGAR 14.99 ▲ 4.53% ORANGE JUICE 169.80 ▼ 1.71% COTTON 77.93 ▲ 7.91% COCOA 5,081 ▲ 1.58% BEEF 241.65 ▼ 6.41% CATTLE 365.00 ▲ 0.11% LITHIUM 78.59 ▲ 0.40% PETR4 37.62 ▼ 0.48% VALE3 78.24 ▲ 0.46% ITUB4 42.57 ▲ 0.97% BBDC4 18.09 ▲ 0.05% ABEV3 16.30 ▲ 0.06% BBAS3 19.83 ▼ 0.40% B3SA3 14.46 ▼ 0.48% WEGE3 46.22 ▼ 1.47% PRIO3 52.09 ▼ 0.12% SUZB3 40.08 ▲ 0.83% RENT3 41.17 ▼ 0.89% AZZA3 17.62 ▼ 1.45% CSAN3 3.54 ▼ 4.32% RAIZ4 0.39 ▲ 2.63% PCAR3 2.25 ▼ 2.60% GMAT3 3.63 ▼ 1.09% PSSA3 52.56 ▼ 0.68% CVCB3 1.35 ▼ 0.74% POSI3 4.09 ▼ 0.24% SLCE3 12.66 ▼ 1.86% NATU3 8.55 ▼ 2.06% BRKM5 6.37 ▲ 0.16% RANI3 7.90 ▲ 0.77% CSNA3 4.60 ▼ 0.43% CMIN3 4.13 ▼ 1.20% USIM5 8.49 ▲ 0.47% GGBR4 20.67 ▼ 0.53% ENEV3 26.05 ▼ 2.51% NEOE3 33.80 — 0.00% CPFE3 43.95 ▼ 1.85% CMIG4 10.71 ▼ 1.47% EQTL3 37.98 ▼ 2.47% LREN3 14.81 ▲ 0.34% VIVT3 33.88 ▼ 0.21% RAIL3 13.08 ▼ 2.61% KLABIN 16.72 ▼ 0.12% RAIA DROGASIL 16.62 ▼ 1.13% RDOR3 34.54 ▼ 0.49% HAPV3 10.19 ▼ 0.20% FLRY3 15.32 ▼ 0.52% SMTO3 15.92 ▲ 1.40% UGPA3 25.67 ▼ 1.50% VBBR3 29.35 ▼ 1.81% BBSE3 37.79 ▼ 3.52% BPAC11 53.83 ▼ 0.48% CURY3 34.49 ▼ 1.63% AERI3 2.04 ▲ 0.99% VIVARA 22.74 ▼ 0.61% COMPASS 24.17 ▼ 0.45% VAMOS 2.76 ▼ 1.78% SANB11 26.80 — 0.00% ASAI3 8.66 ▼ 0.92% SBSP3 29.34 ▼ 1.01% WALMEX 51.16 ▼ 0.41% GMEXICO 197.06 ▼ 0.60% FEMSA 222.26 ▼ 0.31% CEMEX 21.28 ▲ 1.33% GFNORTE 187.86 ▲ 1.78% BIMBO 56.35 ▼ 1.40% TELEVISA 9.56 ▼ 0.10% AMX 22.58 ▼ 0.31% GAP 444.08 ▲ 0.41% ASUR 304.57 ▼ 0.70% OMA 246.24 ▼ 0.56% KOF 184.12 ▼ 0.42% GRUMA 280.15 ▼ 0.28% KIMBER 38.21 ▲ 0.08% SQM-B 68,997 ▲ 0.80% COPEC 5,775 ▲ 0.41% BSANTANDER 76.12 ▲ 0.82% FALABELLA 5,740 ▼ 0.28% ENELAM 82.50 ▼ 0.12% CENCOSUD 2,109 ▼ 0.98% CMPC 1,028 ▲ 0.19% BANCO CHILE 181.05 ▲ 0.30% LATAM AIR 26.40 ▼ 1.53% YPF 70,200 ▼ 1.30% GGAL 7,630 ▼ 2.05% PAMPA 5,095 ▼ 0.49% TXAR 666.00 ▲ 0.53% ALUAR 988.00 ▲ 0.71% TGS 9,250 — 0.00% CEPU 2,319 ▲ 0.52% MIRGOR 16,175 ▼ 0.31% COME 41.65 ▼ 0.64% LOMA NEGRA 3,553 ▼ 1.52% BYMA 308.50 ▼ 0.48% TELECOM ARG 3,983 ▼ 1.55% ECOPETROL 14.37 ▲ 0.91% BANCOLOMBIA 79.21 ▼ 0.28% GRUPO AVAL 5.16 ▲ 2.58% CREDICORP 394.80 ▲ 1.34% SOUTHERN COPPER 171.27 ▼ 1.72% BUENAVENTURA 28.97 ▼ 1.09% MERCADOLIBRE 1,734 ▲ 2.18% NUBANK 13.87 ▲ 3.82% XP 16.38 ▲ 0.71% PAGSEGURO 9.13 ▲ 0.83% STONE 11.18 ▲ 3.14% GLOBANT 31.45 ▲ 8.67% TECNOGLASS 48.34 ▲ 3.27% GAP AIRPORT 253.72 ▲ 0.22% ASUR 304.57 ▼ 0.70% OMA AIRPORT 112.27 ▼ 0.73% AMX ADR 25.68 ▼ 1.19% FEMSA ADR 126.69 ▼ 0.95% CEMEX ADR 12.12 ▲ 0.96% PETROBRAS ADR 15.89 ▼ 1.70% VALE ADR 14.96 ▼ 0.57% ITAU ADR 8.16 ▼ 0.18% SANTANDER BR 5.20 ▼ 1.05% AMBEV ADR 3.11 ▼ 0.96% CSN 0.91 ▼ 1.05% GERDAU 3.97 ▼ 1.75% LATAM ADR 56.91 ▼ 2.33% BTC 60,109 ▲ 2.65% ETH 1,620 ▲ 3.20% SOL 77.21 ▲ 5.01% XRP 1.06 ▲ 2.07% BNB 552.23 ▲ 1.20% ADA 0.16 ▲ 7.86% DOGE 0.07 ▲ 1.69% AVAX 6.72 ▲ 2.96% LINK 7.40 ▲ 2.96% DOT 0.85 ▲ 2.97% LTC 42.74 ▲ 2.06% BCH 214.71 ▲ 7.63% TRX 0.32 ▲ 0.94% XLM 0.20 ▲ 6.79% HBAR 0.07 ▲ 2.70% NEAR 1.85 ▲ 3.85% ATOM 1.56 ▲ 3.14% AAVE 86.78 ▲ 2.08% SELIC 14.25% EMBRAER 82.26 ▲ 0.50% EMBRAER ADR 63.21 ▼ 0.93% JBS 11.98 ▲ 1.05% JBS BDR 62.31 ▲ 2.40% MBRF3 18.07 ▲ 0.22% MBRFY 3.46 ▼ 0.29% INTER 5.61 ▲ 3.22% EGX 50,533 ▲ 0.09% USD/ZAR 16.39 ▲ 0.11% USD/NGN 1,378 — 0.00% NIKKEI 70,475 ▲ 0.59% CSI300 4,959 ▼ 0.41% HSI 22,881 ▼ 0.63% NIFTY 24,006 ▲ 0.59% KOSPI 8,303 ▼ 2.04% JCI 5,695 ▲ 0.92% USD/JPY 162.43 ▼ 0.07% USD/CNY 6.7942 ▲ 0.23% DAX 25,007 ▲ 0.05% CAC 8,323 ▼ 0.96% FTSE 10,462 ▼ 0.34% MIB 51,505 ▼ 0.34% IBEX 19,375 ▼ 0.50% STOXX 638.33 ▼ 0.53% EUR/USD 1.1395 ▼ 0.27% GBP/USD 1.3277 ▲ 0.11% SPX 7,520 ▲ 0.28% DJI 52,542 ▲ 0.43% NDX 30,073 ▼ 0.67% RUT 3,038 ▲ 0.45% TSX 34,857 ▲ 0.10% VIX 16.23 ▼ 1.34% USD/CAD 1.4203 ▲ 0.06% US10Y 4.4630 ▲ 1.02%
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Wednesday, July 1, 2026

Dominican Republic Flexes Military Muscle in the Caribbean

By · December 2, 2024 · 2 min read

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The Dominican Republic is quietly reshaping the Caribbean’s security landscape. With a 14% boost in military spending to $893 million in 2023, the country is making waves in regional defense circles.

This move comes as part of a larger trend, with Central America and the Caribbean seeing a 54% increase in military expenditure since 2014.

At the heart of this buildup lies a complex web of motivations. The ongoing turmoil in neighboring Haiti, exacerbated by the 2021 assassination of President Jovenel Moïse, has pushed border security to the forefront.

Additionally, the Dominican government sees a stronger military as a tool to combat organized crime, a persistent challenge in the region.

Spain has emerged as a key ally in this endeavor, leveraging historical ties to become a primary supplier of military hardware. This partnership is breathing new life into the Spanish defense industry while equipping Dominican forces with modern capabilities.

Dominican Republic Flexes Military Muscle in the Caribbean
Dominican Republic Flexes Military Muscle in the Caribbean. (Photo Internet reproduction)
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In addition, the focus of this military modernization is multifaceted. Naval assets are getting a significant upgrade.

A Shift in Caribbean Dynamics

New patrol vessels and frigates are set to safeguard the country’s coastline and economic interests at sea. Air defense systems are also on the shopping list, signaling a comprehensive approach to national security.

While the Dominican Republic‘s military budget pales in comparison to regional giants like Brazil ($22.9 billion) or Colombia ($11.8 billion), its growing capabilities are shifting power dynamics in the Caribbean.

However, this evolution could have far-reaching effects on regional stability and the fight against transnational crime.

Critics question whether military spending should take precedence over social programs. However, proponents argue that security is fundamental to economic growth and social development.

As the Dominican Republic continues to bolster its armed forces, the region watches closely. They are aware that a new player is emerging on the Caribbean’s strategic chessboard.

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