IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.51% USD/MXN17.52▲ 0.73% USD/CLP947.22▲ 1.24% USD/COP3,213▼ 0.45% USD/PEN3.40▼ 0.03% USD/ARS1,488▲ 0.36% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 0.33% BRENT 86.95 ▼ 7.57% WTI 91.95 ▲ 5.90% IRON ORE 161.91 — — COPPER 6.37 ▼ 1.33% GOLD 4,059 ▼ 2.12% SILVER 57.97 ▼ 3.42% SOY 1,243 ▲ 0.79% CORN 484.50 ▲ 4.87% WHEAT 696.50 ▼ 1.31% COFFEE 311.20 ▼ 1.72% SUGAR 14.69 ▼ 0.34% ORANGE JUICE 147.35 ▼ 1.96% COTTON 81.49 ▲ 2.03% COCOA 5,223 ▼ 1.97% BEEF 220.80 ▼ 1.08% CATTLE 339.43 ▼ 0.51% LITHIUM 68.81 ▼ 0.28% PETR4 43.29 ▲ 1.67% VALE3 76.78 ▲ 2.24% ITUB4 42.52 ▼ 0.89% BBDC4 18.82 ▼ 0.79% ABEV3 16.00 ▼ 0.81% BBAS3 20.98 ▼ 0.52% B3SA3 15.72 ▼ 1.13% WEGE3 45.38 ▼ 2.91% PRIO3 61.20 ▲ 2.39% SUZB3 42.19 ▼ 1.10% RENT3 36.81 ▼ 0.89% AZZA3 17.30 ▼ 2.86% CSAN3 3.93 ▲ 0.26% RAIZ4 0.28 ▲ 3.70% PCAR3 2.77 ▲ 0.73% GMAT3 3.89 ▼ 0.51% PSSA3 55.38 ▼ 0.13% CVCB3 1.25 ▼ 1.57% POSI3 3.67 ▼ 0.81% SLCE3 13.97 ▲ 0.07% NATU3 8.64 ▼ 0.46% BRKM5 6.18 ▲ 1.81% RANI3 7.99 ▼ 0.13% CSNA3 5.48 ▲ 1.86% CMIN3 5.74 ▼ 1.71% USIM5 8.65 — 0.00% GGBR4 24.34 ▲ 1.16% ENEV3 25.65 ▼ 1.23% CPFE3 46.48 ▼ 0.49% CMIG4 11.23 ▲ 0.18% EQTL3 38.80 ▼ 1.40% LREN3 13.34 ▼ 1.48% VIVT3 34.94 ▼ 1.24% RAIL3 13.84 ▲ 1.47% KLABIN 17.63 ▼ 1.67% RAIA DROGASIL 18.57 ▲ 1.53% RDOR3 33.84 ▼ 1.88% HAPV3 10.98 ▼ 3.60% FLRY3 16.65 — 0.00% SMTO3 16.19 ▲ 0.87% UGPA3 33.15 ▲ 0.97% VBBR3 35.19 ▲ 0.60% BBSE3 42.48 ▼ 0.23% BPAC11 56.19 ▼ 1.46% CURY3 29.67 ▼ 1.76% AERI3 2.04 ▼ 0.49% VIVARA 21.39 ▼ 0.74% COMPASS 24.84 ▲ 0.12% VAMOS 3.17 ▼ 1.86% SANB11 26.81 ▼ 0.52% ASAI3 8.21 ▼ 2.26% SBSP3 28.96 ▼ 1.13% WALMEX 47.36 ▼ 2.65% GMEXICO 211.95 ▼ 1.42% FEMSA 226.21 ▼ 0.67% CEMEX 21.88 ▼ 1.31% GFNORTE 191.19 ▼ 0.22% BIMBO 60.06 ▼ 0.40% TELEVISA 9.69 ▼ 1.32% AMX 22.72 ▲ 0.13% GAP 379.23 ▲ 0.66% ASUR 270.43 ▼ 1.13% OMA 228.66 ▼ 0.02% KOF 181.42 ▼ 0.67% GRUMA 276.48 ▼ 1.42% KIMBER 38.79 ▼ 0.08% SQM-B 66,526 ▲ 2.26% COPEC 6,500 ▼ 0.76% BSANTANDER 80.22 ▲ 0.46% FALABELLA 6,040 ▼ 0.04% ENELAM 84.73 ▲ 0.24% CENCOSUD 2,005 ▼ 0.24% CMPC 1,072 ▲ 0.16% BANCO CHILE 194.10 ▲ 0.31% LATAM AIR 23.54 ▼ 2.28% YPF 83,150 ▲ 0.79% GGAL 8,075 ▼ 2.42% PAMPA 5,620 ▼ 0.09% TXAR 665.50 ▼ 0.37% ALUAR 974.00 — 0.00% TGS 10,040 ▲ 1.36% CEPU 2,391 ▼ 0.83% MIRGOR 16,975 ▲ 0.30% COME 42.70 ▼ 1.02% LOMA NEGRA 3,773 ▼ 0.98% BYMA 292.75 ▼ 0.93% TELECOM ARG 4,268 ▼ 3.45% ECOPETROL 16.78 ▲ 0.54% BANCOLOMBIA 86.30 ▲ 1.94% GRUPO AVAL 4.99 ▼ 0.99% CREDICORP 393.02 ▼ 0.17% SOUTHERN COPPER 185.42 ▼ 5.15% BUENAVENTURA 31.35 ▼ 2.31% MERCADOLIBRE 1,780 ▼ 1.08% NUBANK 14.34 ▼ 1.21% XP 17.18 ▼ 0.69% PAGSEGURO 9.49 ▼ 1.91% STONE 11.08 ▼ 2.51% GLOBANT 29.91 ▼ 2.49% TECNOGLASS 44.74 ▼ 1.06% GAP AIRPORT 216.32 ▼ 0.56% ASUR 270.43 ▼ 1.13% OMA AIRPORT 104.39 ▼ 0.91% AMX ADR 25.93 ▼ 0.73% FEMSA ADR 129.18 ▼ 1.33% CEMEX ADR 12.45 ▼ 2.16% PETROBRAS ADR 19.25 ▲ 1.88% VALE ADR 15.10 ▲ 1.65% ITAU ADR 8.38 ▼ 1.24% SANTANDER BR 5.38 ▼ 1.38% AMBEV ADR 3.12 ▼ 0.80% CSN 1.10 ▲ 0.46% GERDAU 4.80 ▲ 0.52% LATAM ADR 49.78 ▼ 2.90% BTC 64,682 ▼ 2.15% ETH 1,882 ▼ 2.68% SOL 75.83 ▼ 2.67% XRP 1.10 ▼ 3.31% BNB 564.04 ▼ 1.18% ADA 0.17 ▼ 3.33% DOGE 0.07 ▼ 5.62% AVAX 6.39 ▼ 3.43% LINK 8.42 ▼ 2.40% DOT 0.81 ▼ 2.78% LTC 46.25 ▼ 1.74% BCH 213.37 ▼ 3.00% TRX 0.33 ▼ 0.73% XLM 0.18 ▼ 3.59% HBAR 0.07 ▼ 2.43% NEAR 1.87 — 0.00% ATOM 1.43 ▼ 2.43% AAVE 95.34 ▼ 2.07% SELIC 14.25% EMBRAER 83.79 — 0.00% EMBRAER ADR 66.12 ▲ 0.11% JBS 12.10 ▼ 1.22% JBS BDR 61.44 ▼ 0.58% MBRF3 15.99 ▼ 0.25% MBRFY 3.14 ▼ 1.57% INTER 5.52 ▼ 3.08% EGX 53,932 ▼ 0.11% USD/ZAR16.75▲ 2.18% USD/NGN1,366▼ 0.48% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.86▲ 0.44% USD/CNY6.77▼ 0.05% DAX 24,789 ▼ 1.46% CAC 8,300 ▼ 1.63% FTSE 10,639 ▼ 0.73% MIB 51,470 ▼ 2.51% IBEX 19,284 ▼ 1.47% STOXX 639.73 ▼ 1.11% EUR/USD1.14▼ 0.31% GBP/USD1.33▼ 0.46% SPX 7,407 ▼ 1.23% DJI 51,741 ▼ 0.91% NDX 28,442 ▼ 1.92% RUT 2,939 ▼ 0.72% TSX 35,264 ▼ 0.62% VIX 19.18 ▲ 15.26% USD/CAD1.41▲ 0.01% US10Y 4.7050 ▲ 1.03% IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.51% USD/MXN 17.52 ▲ 0.73% USD/CLP 947.22 ▲ 1.24% USD/COP 3,213 ▼ 0.45% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,488 ▲ 0.36% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 0.33% BRENT 86.95 ▼ 7.57% WTI 91.95 ▲ 5.90% IRON ORE 161.91 — — COPPER 6.37 ▼ 1.33% GOLD 4,059 ▼ 2.12% SILVER 57.97 ▼ 3.42% SOY 1,243 ▲ 0.79% CORN 484.50 ▲ 4.87% WHEAT 696.50 ▼ 1.31% COFFEE 311.20 ▼ 1.72% SUGAR 14.69 ▼ 0.34% ORANGE JUICE 147.35 ▼ 1.96% COTTON 81.49 ▲ 2.03% COCOA 5,223 ▼ 1.97% BEEF 220.80 ▼ 1.08% CATTLE 339.43 ▼ 0.51% LITHIUM 68.81 ▼ 0.28% PETR4 43.29 ▲ 1.67% VALE3 76.78 ▲ 2.24% ITUB4 42.52 ▼ 0.89% BBDC4 18.82 ▼ 0.79% ABEV3 16.00 ▼ 0.81% BBAS3 20.98 ▼ 0.52% B3SA3 15.72 ▼ 1.13% WEGE3 45.38 ▼ 2.91% PRIO3 61.20 ▲ 2.39% SUZB3 42.19 ▼ 1.10% RENT3 36.81 ▼ 0.89% AZZA3 17.30 ▼ 2.86% CSAN3 3.93 ▲ 0.26% RAIZ4 0.28 ▲ 3.70% PCAR3 2.77 ▲ 0.73% GMAT3 3.89 ▼ 0.51% PSSA3 55.38 ▼ 0.13% CVCB3 1.25 ▼ 1.57% POSI3 3.67 ▼ 0.81% SLCE3 13.97 ▲ 0.07% NATU3 8.64 ▼ 0.46% BRKM5 6.18 ▲ 1.81% RANI3 7.99 ▼ 0.13% CSNA3 5.48 ▲ 1.86% CMIN3 5.74 ▼ 1.71% USIM5 8.65 — 0.00% GGBR4 24.34 ▲ 1.16% ENEV3 25.65 ▼ 1.23% CPFE3 46.48 ▼ 0.49% CMIG4 11.23 ▲ 0.18% EQTL3 38.80 ▼ 1.40% LREN3 13.34 ▼ 1.48% VIVT3 34.94 ▼ 1.24% RAIL3 13.84 ▲ 1.47% KLABIN 17.63 ▼ 1.67% RAIA DROGASIL 18.57 ▲ 1.53% RDOR3 33.84 ▼ 1.88% HAPV3 10.98 ▼ 3.60% FLRY3 16.65 — 0.00% SMTO3 16.19 ▲ 0.87% UGPA3 33.15 ▲ 0.97% VBBR3 35.19 ▲ 0.60% BBSE3 42.48 ▼ 0.23% BPAC11 56.19 ▼ 1.46% CURY3 29.67 ▼ 1.76% AERI3 2.04 ▼ 0.49% VIVARA 21.39 ▼ 0.74% COMPASS 24.84 ▲ 0.12% VAMOS 3.17 ▼ 1.86% SANB11 26.81 ▼ 0.52% ASAI3 8.21 ▼ 2.26% SBSP3 28.96 ▼ 1.13% WALMEX 47.36 ▼ 2.65% GMEXICO 211.95 ▼ 1.42% FEMSA 226.21 ▼ 0.67% CEMEX 21.88 ▼ 1.31% GFNORTE 191.19 ▼ 0.22% BIMBO 60.06 ▼ 0.40% TELEVISA 9.69 ▼ 1.32% AMX 22.72 ▲ 0.13% GAP 379.23 ▲ 0.66% ASUR 270.43 ▼ 1.13% OMA 228.66 ▼ 0.02% KOF 181.42 ▼ 0.67% GRUMA 276.48 ▼ 1.42% KIMBER 38.79 ▼ 0.08% SQM-B 66,526 ▲ 2.26% COPEC 6,500 ▼ 0.76% BSANTANDER 80.22 ▲ 0.46% FALABELLA 6,040 ▼ 0.04% ENELAM 84.73 ▲ 0.24% CENCOSUD 2,005 ▼ 0.24% CMPC 1,072 ▲ 0.16% BANCO CHILE 194.10 ▲ 0.31% LATAM AIR 23.54 ▼ 2.28% YPF 83,150 ▲ 0.79% GGAL 8,075 ▼ 2.42% PAMPA 5,620 ▼ 0.09% TXAR 665.50 ▼ 0.37% ALUAR 974.00 — 0.00% TGS 10,040 ▲ 1.36% CEPU 2,391 ▼ 0.83% MIRGOR 16,975 ▲ 0.30% COME 42.70 ▼ 1.02% LOMA NEGRA 3,773 ▼ 0.98% BYMA 292.75 ▼ 0.93% TELECOM ARG 4,268 ▼ 3.45% ECOPETROL 16.78 ▲ 0.54% BANCOLOMBIA 86.30 ▲ 1.94% GRUPO AVAL 4.99 ▼ 0.99% CREDICORP 393.02 ▼ 0.17% SOUTHERN COPPER 185.42 ▼ 5.15% BUENAVENTURA 31.35 ▼ 2.31% MERCADOLIBRE 1,780 ▼ 1.08% NUBANK 14.34 ▼ 1.21% XP 17.18 ▼ 0.69% PAGSEGURO 9.49 ▼ 1.91% STONE 11.08 ▼ 2.51% GLOBANT 29.91 ▼ 2.49% TECNOGLASS 44.74 ▼ 1.06% GAP AIRPORT 216.32 ▼ 0.56% ASUR 270.43 ▼ 1.13% OMA AIRPORT 104.39 ▼ 0.91% AMX ADR 25.93 ▼ 0.73% FEMSA ADR 129.18 ▼ 1.33% CEMEX ADR 12.45 ▼ 2.16% PETROBRAS ADR 19.25 ▲ 1.88% VALE ADR 15.10 ▲ 1.65% ITAU ADR 8.38 ▼ 1.24% SANTANDER BR 5.38 ▼ 1.38% AMBEV ADR 3.12 ▼ 0.80% CSN 1.10 ▲ 0.46% GERDAU 4.80 ▲ 0.52% LATAM ADR 49.78 ▼ 2.90% BTC 64,682 ▼ 2.15% ETH 1,882 ▼ 2.68% SOL 75.83 ▼ 2.67% XRP 1.10 ▼ 3.31% BNB 564.04 ▼ 1.18% ADA 0.17 ▼ 3.33% DOGE 0.07 ▼ 5.62% AVAX 6.39 ▼ 3.43% LINK 8.42 ▼ 2.40% DOT 0.81 ▼ 2.78% LTC 46.25 ▼ 1.74% BCH 213.37 ▼ 3.00% TRX 0.33 ▼ 0.73% XLM 0.18 ▼ 3.59% HBAR 0.07 ▼ 2.43% NEAR 1.87 — 0.00% ATOM 1.43 ▼ 2.43% AAVE 95.34 ▼ 2.07% SELIC 14.25% EMBRAER 83.79 — 0.00% EMBRAER ADR 66.12 ▲ 0.11% JBS 12.10 ▼ 1.22% JBS BDR 61.44 ▼ 0.58% MBRF3 15.99 ▼ 0.25% MBRFY 3.14 ▼ 1.57% INTER 5.52 ▼ 3.08% EGX 53,932 ▼ 0.11% USD/ZAR 16.74 ▲ 2.00% USD/NGN 1,366 ▼ 0.27% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.91 ▲ 0.50% USD/CNY 6.7646 ▲ 0.01% DAX 24,789 ▼ 1.46% CAC 8,300 ▼ 1.63% FTSE 10,639 ▼ 0.73% MIB 51,470 ▼ 2.51% IBEX 19,284 ▼ 1.47% STOXX 639.73 ▼ 1.11% EUR/USD 1.1374 ▼ 0.31% GBP/USD 1.3320 ▼ 0.42% SPX 7,407 ▼ 1.23% DJI 51,741 ▼ 0.91% NDX 28,442 ▼ 1.92% RUT 2,939 ▼ 0.72% TSX 35,264 ▼ 0.62% VIX 19.18 ▲ 15.26% USD/CAD 1.4088 ▲ 0.04% US10Y 4.7050 ▲ 1.03%
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Thursday, July 23, 2026

Latin America Central America

Guatemala’s 2023 Vote Under Siege: A Courtroom Fight With Continental Stakes

By · October 27, 2025 · 2 min read

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President Bernardo Arévalo says the country’s 2023 election is being undone not at the ballot box but in court.

In a televised address on Sunday night, he accused Attorney General Consuelo Porras and Judge Fredy Orellana of orchestrating a “slow-motion coup” by pushing rulings that could retroactively strip his party, Movimiento Semilla, of its gains—opening a path to remove one Semilla mayor, 23 Semilla lawmakers, the vice president, and Arévalo himself.

He has asked the Organization of American States to convene an emergency session under the Inter-American Democratic Charter. The institutions now face off.

Guatemala’s electoral authority has said the 2023 results and seat allocations cannot be altered. The Public Ministry flatly rejects Arévalo’s claims and insists it acts independently.

At the center is Orellana’s latest move—legal notices pressing authorities to enforce the “effects” of a judicial nullification against Semilla’s registration. If enforced, those effects would collide with certified results and a completed transition.

Guatemala’s 2023 Vote Under Siege: A Courtroom Fight With Continental Stakes. (Photo Internet reproduction)
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The story behind the story is a years-long struggle over who really governs Guatemala: voters through elections, or entrenched networks through the courts and prosecutors’ offices.

Guatemala’s Democracy Tested as Legal Battles Challenge 2023 Vote

Since the 2023 runoff, Semilla has been hit with cases challenging its legal status, raids have targeted electoral authorities, and supporters—including some indigenous leaders and civic activists—have faced detention in what Arévalo calls a climate of intimidation.

He frames this as a defense of basic rules, not party advantage; his critics argue the law must run its course, whoever is in power.

Why this matters beyond Guatemala is simple. If a certified election can be re-written after the fact, every future vote in the region becomes a provisional draft—subject to legal engineering rather than public consent.

That chills investment, weakens public services, and teaches citizens that ballots are suggestions, not decisions.

If, instead, courts and Congress uphold the finality of the 2023 adjudications, Guatemala preserves a fragile mandate to pursue anti-corruption reforms and sends a signal across the hemisphere: elections end when the votes are certified, not when the last lawsuit is filed.

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