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▼ 0.22% USD/MXN17.40▼ 0.10% USD/CLP935.74— 0.00% USD/COP3,203▼ 1.62% USD/PEN3.40▲ 0.07% USD/ARS1,478▲ 0.02% 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▼ 0.84% BRENT 93.94 ▲ 3.22% WTI 86.85 ▲ 2.28% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.16% GOLD 4,151 ▲ 1.96% SILVER 60.54 ▲ 2.90% SOY 1,238 ▲ 1.52% CORN 485.75 ▲ 7.29% WHEAT 704.75 ▲ 3.95% COFFEE 315.20 ▼ 5.05% SUGAR 14.77 ▼ 0.74% ORANGE JUICE 148.55 ▲ 3.30% COTTON 80.43 ▲ 1.86% COCOA 5,319 ▼ 5.14% BEEF 219.65 ▼ 3.10% CATTLE 335.70 ▼ 3.96% LITHIUM 69.25 ▲ 0.25% PETR4 42.50 ▲ 2.02% VALE3 74.22 ▲ 2.74% ITUB4 42.50 ▼ 0.07% BBDC4 18.54 ▼ 0.05% ABEV3 16.02 ▲ 1.39% BBAS3 20.80 ▼ 0.38% B3SA3 15.52 ▲ 2.31% WEGE3 46.35 ▲ 9.14% PRIO3 59.36 ▲ 2.03% SUZB3 42.09 ▲ 1.11% RENT3 36.72 ▲ 0.47% AZZA3 17.53 ▲ 0.29% CSAN3 3.87 ▲ 2.38% RAIZ4 0.27 — 0.00% PCAR3 2.68 ▼ 1.83% GMAT3 3.84 ▲ 0.26% PSSA3 54.71 ▲ 2.30% CVCB3 1.22 ▲ 8.93% POSI3 3.69 ▲ 0.27% SLCE3 13.83 ▲ 0.58% NATU3 8.77 ▲ 0.69% BRKM5 6.12 ▲ 7.18% RANI3 7.97 ▲ 1.01% CSNA3 5.29 ▲ 4.55% CMIN3 5.85 ▲ 4.84% USIM5 8.59 ▲ 1.54% GGBR4 23.65 ▲ 0.68% ENEV3 25.61 ▲ 0.75% CPFE3 46.39 ▼ 0.02% CMIG4 11.08 ▲ 0.54% EQTL3 38.70 ▼ 0.33% LREN3 13.49 ▲ 1.66% VIVT3 35.46 ▼ 0.95% RAIL3 13.55 ▲ 2.34% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.07 ▼ 0.33% RDOR3 33.60 ▼ 0.94% HAPV3 11.50 ▲ 2.31% FLRY3 16.62 ▲ 0.42% SMTO3 15.98 ▲ 2.57% UGPA3 32.29 ▲ 1.48% VBBR3 34.44 ▲ 1.44% BBSE3 41.93 ▲ 0.91% BPAC11 55.83 ▲ 0.83% CURY3 30.08 ▲ 0.43% AERI3 2.06 ▲ 0.98% VIVARA 21.26 ▼ 0.70% COMPASS 24.61 ▲ 0.70% VAMOS 3.14 ▲ 1.62% SANB11 26.58 ▼ 2.32% ASAI3 8.39 ▲ 1.70% SBSP3 28.85 ▲ 0.87% WALMEX 49.11 ▼ 0.08% GMEXICO 212.59 ▲ 1.73% FEMSA 229.35 ▲ 1.15% CEMEX 22.27 ▲ 0.91% GFNORTE 186.84 ▲ 0.56% BIMBO 60.31 ▲ 1.55% TELEVISA 9.88 ▲ 1.23% AMX 22.73 ▼ 0.13% GAP 379.71 ▲ 0.31% ASUR 273.52 ▼ 0.52% OMA 229.18 ▲ 1.29% KOF 183.87 ▲ 1.88% GRUMA 281.44 ▼ 0.41% KIMBER 39.30 ▲ 2.34% SQM-B 66,249 ▲ 2.65% COPEC 6,464 ▲ 0.22% BSANTANDER 79.32 ▲ 0.39% FALABELLA 5,941 ▲ 0.37% ENELAM 84.11 ▼ 0.50% CENCOSUD 2,017 ▼ 0.54% CMPC 1,075 ▼ 0.82% BANCO CHILE 189.26 ▼ 0.39% LATAM AIR 23.90 ▼ 1.24% YPF 81,550 ▲ 1.15% GGAL 8,195 ▲ 2.89% PAMPA 5,515 ▲ 0.73% TXAR 677.00 ▼ 0.29% ALUAR 980.00 ▲ 0.72% TGS 9,780 ▲ 0.72% CEPU 2,344 ▲ 0.17% MIRGOR 16,825 ▲ 0.30% COME 43.00 ▲ 0.30% LOMA NEGRA 3,640 ▲ 0.97% BYMA 295.50 ▲ 1.11% TELECOM ARG 4,265 ▲ 0.24% ECOPETROL 16.87 ▲ 2.06% BANCOLOMBIA 84.27 ▲ 0.75% GRUPO AVAL 5.05 ▼ 0.79% CREDICORP 389.53 ▼ 0.40% SOUTHERN COPPER 191.94 ▲ 2.09% BUENAVENTURA 32.46 ▲ 3.87% MERCADOLIBRE 1,799 ▼ 1.31% NUBANK 14.05 ▼ 2.36% XP 16.97 ▲ 0.68% PAGSEGURO 9.53 ▼ 0.57% STONE 11.14 ▼ 1.07% GLOBANT 31.78 ▼ 1.00% TECNOGLASS 45.18 ▲ 0.07% GAP AIRPORT 217.34 ▼ 0.16% ASUR 273.52 ▼ 0.52% OMA AIRPORT 105.24 ▲ 0.97% AMX ADR 26.05 ▼ 0.15% FEMSA ADR 131.61 ▲ 0.97% CEMEX ADR 12.76 ▲ 0.43% PETROBRAS ADR 18.94 ▲ 2.13% VALE ADR 14.65 ▲ 2.81% ITAU ADR 8.38 ▼ 0.30% SANTANDER BR 5.37 ▼ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.06 ▲ 6.00% GERDAU 4.69 ▲ 0.97% LATAM ADR 51.07 ▼ 0.98% BTC 65,867 ▼ 0.96% ETH 1,937 ▲ 0.43% SOL 78.12 ▲ 0.01% XRP 1.15 ▲ 0.27% BNB 571.23 ▼ 0.41% ADA 0.18 ▲ 1.70% DOGE 0.07 ▼ 0.49% AVAX 6.59 ▲ 0.44% LINK 8.67 ▲ 0.26% DOT 0.84 ▼ 0.57% LTC 46.82 ▲ 0.01% BCH 220.74 ▼ 1.32% TRX 0.33 ▼ 0.39% XLM 0.19 ▼ 1.39% HBAR 0.07 ▲ 4.87% NEAR 1.89 ▼ 2.38% ATOM 1.46 ▼ 1.49% AAVE 97.32 ▲ 1.83% SELIC 14.25% EMBRAER 83.06 ▲ 0.50% EMBRAER ADR 65.47 — 0.00% JBS 12.10 ▲ 1.26% JBS BDR 61.32 ▲ 1.83% MBRF3 15.45 ▲ 2.25% MBRFY 3.00 ▲ 1.69% INTER 5.52 ▼ 1.08% 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 ▼ 0.25% USD/MXN 17.40 ▼ 0.08% USD/CLP 935.57 ▼ 0.01% USD/COP 3,200 ▼ 1.73% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,478 ▲ 0.02% 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 5.78 ▼ 0.78% BRENT 93.94 ▲ 3.22% WTI 86.85 ▲ 2.28% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.16% GOLD 4,151 ▲ 1.96% SILVER 60.54 ▲ 2.90% SOY 1,238 ▲ 1.52% CORN 485.75 ▲ 7.29% WHEAT 704.75 ▲ 3.95% COFFEE 315.20 ▼ 5.05% SUGAR 14.77 ▼ 0.74% ORANGE JUICE 148.55 ▲ 3.30% COTTON 80.43 ▲ 1.86% COCOA 5,319 ▼ 5.14% BEEF 219.65 ▼ 3.10% CATTLE 335.70 ▼ 3.96% LITHIUM 69.25 ▲ 0.25% PETR4 42.50 ▲ 2.02% VALE3 74.22 ▲ 2.74% ITUB4 42.50 ▼ 0.07% BBDC4 18.54 ▼ 0.05% ABEV3 16.02 ▲ 1.39% BBAS3 20.80 ▼ 0.38% B3SA3 15.52 ▲ 2.31% WEGE3 46.35 ▲ 9.14% PRIO3 59.36 ▲ 2.03% SUZB3 42.09 ▲ 1.11% RENT3 36.72 ▲ 0.47% AZZA3 17.53 ▲ 0.29% CSAN3 3.87 ▲ 2.38% RAIZ4 0.27 — 0.00% PCAR3 2.68 ▼ 1.83% GMAT3 3.84 ▲ 0.26% PSSA3 54.71 ▲ 2.30% CVCB3 1.22 ▲ 8.93% POSI3 3.69 ▲ 0.27% SLCE3 13.83 ▲ 0.58% NATU3 8.77 ▲ 0.69% BRKM5 6.12 ▲ 7.18% RANI3 7.97 ▲ 1.01% CSNA3 5.29 ▲ 4.55% CMIN3 5.85 ▲ 4.84% USIM5 8.59 ▲ 1.54% GGBR4 23.65 ▲ 0.68% ENEV3 25.61 ▲ 0.75% CPFE3 46.39 ▼ 0.02% CMIG4 11.08 ▲ 0.54% EQTL3 38.70 ▼ 0.33% LREN3 13.49 ▲ 1.66% VIVT3 35.46 ▼ 0.95% RAIL3 13.55 ▲ 2.34% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.07 ▼ 0.33% RDOR3 33.60 ▼ 0.94% HAPV3 11.50 ▲ 2.31% FLRY3 16.62 ▲ 0.42% SMTO3 15.98 ▲ 2.57% UGPA3 32.29 ▲ 1.48% VBBR3 34.44 ▲ 1.44% BBSE3 41.93 ▲ 0.91% BPAC11 55.83 ▲ 0.83% CURY3 30.08 ▲ 0.43% AERI3 2.06 ▲ 0.98% VIVARA 21.26 ▼ 0.70% COMPASS 24.61 ▲ 0.70% VAMOS 3.14 ▲ 1.62% SANB11 26.58 ▼ 2.32% ASAI3 8.39 ▲ 1.70% SBSP3 28.85 ▲ 0.87% WALMEX 49.11 ▼ 0.08% GMEXICO 212.59 ▲ 1.73% FEMSA 229.35 ▲ 1.15% CEMEX 22.27 ▲ 0.91% GFNORTE 186.84 ▲ 0.56% BIMBO 60.31 ▲ 1.55% TELEVISA 9.88 ▲ 1.23% AMX 22.73 ▼ 0.13% GAP 379.71 ▲ 0.31% ASUR 273.52 ▼ 0.52% OMA 229.18 ▲ 1.29% KOF 183.87 ▲ 1.88% GRUMA 281.44 ▼ 0.41% KIMBER 39.30 ▲ 2.34% SQM-B 66,249 ▲ 2.65% COPEC 6,464 ▲ 0.22% BSANTANDER 79.32 ▲ 0.39% FALABELLA 5,941 ▲ 0.37% ENELAM 84.11 ▼ 0.50% CENCOSUD 2,017 ▼ 0.54% CMPC 1,075 ▼ 0.82% BANCO CHILE 189.26 ▼ 0.39% LATAM AIR 23.90 ▼ 1.24% YPF 81,550 ▲ 1.15% GGAL 8,195 ▲ 2.89% PAMPA 5,515 ▲ 0.73% TXAR 677.00 ▼ 0.29% ALUAR 980.00 ▲ 0.72% TGS 9,780 ▲ 0.72% CEPU 2,344 ▲ 0.17% MIRGOR 16,825 ▲ 0.30% COME 43.00 ▲ 0.30% LOMA NEGRA 3,640 ▲ 0.97% BYMA 295.50 ▲ 1.11% TELECOM ARG 4,265 ▲ 0.24% ECOPETROL 16.87 ▲ 2.06% BANCOLOMBIA 84.27 ▲ 0.75% GRUPO AVAL 5.05 ▼ 0.79% CREDICORP 389.53 ▼ 0.40% SOUTHERN COPPER 191.94 ▲ 2.09% BUENAVENTURA 32.46 ▲ 3.87% MERCADOLIBRE 1,799 ▼ 1.31% NUBANK 14.05 ▼ 2.36% XP 16.97 ▲ 0.68% PAGSEGURO 9.53 ▼ 0.57% STONE 11.14 ▼ 1.07% GLOBANT 31.78 ▼ 1.00% TECNOGLASS 45.18 ▲ 0.07% GAP AIRPORT 217.34 ▼ 0.16% ASUR 273.52 ▼ 0.52% OMA AIRPORT 105.24 ▲ 0.97% AMX ADR 26.05 ▼ 0.15% FEMSA ADR 131.61 ▲ 0.97% CEMEX ADR 12.76 ▲ 0.43% PETROBRAS ADR 18.94 ▲ 2.13% VALE ADR 14.65 ▲ 2.81% ITAU ADR 8.38 ▼ 0.30% SANTANDER BR 5.37 ▼ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.06 ▲ 6.00% GERDAU 4.69 ▲ 0.97% LATAM ADR 51.07 ▼ 0.98% BTC 65,867 ▼ 0.96% ETH 1,937 ▲ 0.43% SOL 78.12 ▲ 0.01% XRP 1.15 ▲ 0.27% BNB 571.23 ▼ 0.41% ADA 0.18 ▲ 1.70% DOGE 0.07 ▼ 0.49% AVAX 6.59 ▲ 0.44% LINK 8.67 ▲ 0.26% DOT 0.84 ▼ 0.57% LTC 46.82 ▲ 0.01% BCH 220.74 ▼ 1.32% TRX 0.33 ▼ 0.39% XLM 0.19 ▼ 1.39% HBAR 0.07 ▲ 4.87% NEAR 1.89 ▼ 2.38% ATOM 1.46 ▼ 1.49% AAVE 97.32 ▲ 1.83% SELIC 14.25% EMBRAER 83.06 ▲ 0.50% EMBRAER ADR 65.47 — 0.00% JBS 12.10 ▲ 1.26% JBS BDR 61.32 ▲ 1.83% MBRF3 15.45 ▲ 2.25% MBRFY 3.00 ▲ 1.69% INTER 5.52 ▼ 1.08%
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Erdogan’s Rival Jailed: Turkey Faces Unrest and Global Scrutiny

By · March 24, 2025 · 2 min read

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Turkey’s Interior Minister Ali Yerlikaya announced today, March 24, 2025, that authorities detained 1,133 people during five days of nationwide protests.

The unrest erupted after police arrested Istanbul Mayor Ekrem Imamoglu, President Recep Tayyip Erdogan’s chief political rival, on corruption charges last Wednesday.

Hundreds of thousands flooded streets across 55 of Turkey’s 81 provinces, marking the largest demonstrations since 2013. Imamoglu’s detention ignited tensions in a nation already strained by 50% inflation and a weakening lira.

The 54-year-old mayor, a rising star in the opposition Republican People’s Party, faced accusations of graft and bribery, which he dismissed as “unimaginable slanders.”

On Sunday, a court ordered his imprisonment pending trial, prompting 123 police injuries amid clashes with protesters. Erdogan, ruling for 22 years, condemned the protests as threats to public order.

Erdogan’s Rival Jailed: Turkey Faces Unrest and Global Scrutiny
Erdogan’s Rival Jailed: Turkey Faces Unrest and Global Scrutiny. (Photo Internet reproduction)
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His government banned gatherings in many cities, yet crowds persisted, waving flags and chanting defiance. Among the arrested were nine journalists, raising alarms about press freedom as the crackdown widened.

Political Turmoil and Economic Fallout in Turkey

The story traces back to Imamoglu’s 2019 Istanbul election win, ending Erdogan’s party’s 25-year grip on the city. His popularity soared, and polls showed him leading Erdogan, making him a target.

Last week, Istanbul University revoked his degree, a move critics called a ploy to bar his 2028 presidential bid. Meanwhile, the lira crashed 12% against the dollar, and stocks plummeted 8.72%, reflecting investor fears over stability.

The central bank sold $10 billion to stem the currency’s fall, underscoring economic fragility. Internationally, France and Germany labeled the arrest a blow to democracy, though NATO allies hesitated to act.

Erdogan’s camp insists the judiciary operates independently, rejecting claims of political motives. Party spokesman Omer Celik accused the opposition of stoking chaos to hide its flaws. However, the timing—days after Imamoglu’s candidacy confirmation—fuels suspicions of a power play.

Protesters, undeterred by pepper spray and tear gas, rallied for a fifth night on Sunday. The opposition organized a symbolic vote, drawing 15 million ballots, including 13.2 million from non-members, signaling broad support.

Imamoglu, now in Silivri Prison, urged resistance, amplifying his influence despite confinement. Turkey now balances on a knife’s edge, with Erdogan’s long reign under threat.

The unrest exposes deep divisions, economic woes, and a leader facing his toughest challenge yet. Observers watch closely, knowing the outcome could reshape Turkey’s future and its global standing.

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