IBOV 171,339.91 ▼ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.64▲ 1.05% USD/MXN18.62▲ 0.11% USD/CLP994.61▲ 1.20% USD/COP3,307— 0.00% USD/PEN3.40▼ 0.31% USD/ARS1,545▲ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,185▲ 3.33% USD/BOB11.60▲ 0.86% USD/DOP 60.45 — 0.00% USD/CRC445.25▲ 1.62% USD/GTQ7.65▲ 3.31% USD/HNL26.90▲ 3.30% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 2.15% USD/TTD6.71▲ 2.19% EUR/BRL6.24▲ 0.10% BRENT 94.66 ▲ 2.05% WTI 87.77 ▲ 1.43% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.19% GOLD 3,878 ▼ 3.05% SILVER 49.97 ▼ 3.68% SOY 1,221 ▼ 0.65% CORN 443.75 ▼ 0.95% WHEAT 591.50 ▼ 1.33% COFFEE 274.40 ▲ 2.01% SUGAR 18.24 ▼ 1.30% ORANGE JUICE 141.20 ▼ 3.12% COTTON 78.56 ▲ 0.05% COCOA 5,180 ▲ 5.56% BEEF 222.75 ▲ 1.72% CATTLE 330.98 ▼ 0.50% LITHIUM 59.58 ▼ 2.45% PETR4 44.54 ▲ 2.27% VALE3 64.44 ▲ 0.02% ITUB4 41.51 ▼ 0.50% BBDC4 14.17 ▼ 1.12% ABEV3 15.76 ▼ 0.57% BBAS3 15.61 ▼ 7.58% B3SA3 14.75 ▼ 0.34% WEGE3 51.33 ▼ 0.54% PRIO3 62.24 ▲ 1.25% SUZB3 54.64 ▲ 1.56% RENT3 29.33 ▼ 3.01% AZZA3 17.00 ▲ 10.61% CSAN3 2.87 ▼ 5.28% RAIZ4 0.30 ▼ 98.60% PCAR3 2.43 ▼ 4.33% GMAT3 3.89 ▼ 4.66% PSSA3 46.01 ▲ 0.07% CVCB3 0.84 ▼ 2.33% POSI3 3.42 ▲ 3.01% SLCE3 17.98 ▲ 5.45% NATU3 5.40 ▼ 3.91% BRKM5 2.98 ▲ 2.05% RANI3 8.23 ▼ 1.91% CSNA3 4.29 ▼ 5.09% IBOV 171,339.91 ▼ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.64 ▲ 1.11% USD/MXN 18.61 ▲ 0.07% USD/CLP 994.66 ▲ 1.21% USD/COP 3,308 ▲ 0.02% USD/PEN 3.40 ▼ 0.23% USD/ARS 1,545 ▲ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,185 ▲ 3.33% USD/BOB 11.60 ▲ 0.86% USD/DOP 60.45 — 0.00% USD/CRC 445.25 ▲ 1.62% USD/GTQ 7.65 ▲ 3.31% USD/HNL 26.90 ▲ 3.30% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 2.15% USD/TTD 6.71 ▲ 2.19% EUR/BRL 6.24 ▲ 0.10% BRENT 94.66 ▲ 2.05% WTI 87.77 ▲ 1.43% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.19% GOLD 3,878 ▼ 3.05% SILVER 49.97 ▼ 3.68% SOY 1,221 ▼ 0.65% CORN 443.75 ▼ 0.95% WHEAT 591.50 ▼ 1.33% COFFEE 274.40 ▲ 2.01% SUGAR 18.24 ▼ 1.30% ORANGE JUICE 141.20 ▼ 3.12% COTTON 78.56 ▲ 0.05% COCOA 5,180 ▲ 5.56% BEEF 222.75 ▲ 1.72% CATTLE 330.98 ▼ 0.50% LITHIUM 59.58 ▼ 2.45% PETR4 44.54 ▲ 2.27% VALE3 64.44 ▲ 0.02% ITUB4 41.51 ▼ 0.50% BBDC4 14.17 ▼ 1.12% ABEV3 15.76 ▼ 0.57% BBAS3 15.61 ▼ 7.58% B3SA3 14.75 ▼ 0.34% WEGE3 51.33 ▼ 0.54% PRIO3 62.24 ▲ 1.25% SUZB3 54.64 ▲ 1.56% RENT3 29.33 ▼ 3.01% AZZA3 17.00 ▲ 10.61% CSAN3 2.87 ▼ 5.28% RAIZ4 0.30 ▼ 98.60% PCAR3 2.43 ▼ 4.33% GMAT3 3.89 ▼ 4.66% PSSA3 46.01 ▲ 0.07% CVCB3 0.84 ▼ 2.33% POSI3 3.42 ▲ 3.01% SLCE3 17.98 ▲ 5.45% NATU3 5.40 ▼ 3.91% BRKM5 2.98 ▲ 2.05% RANI3 8.23 ▼ 1.91% CSNA3 4.29 ▼ 5.09%
since 2009
Thursday, November 12, 2026

Guyana Upgrades Military in Response to Esequibo Dispute

By · · 2 min read

On Thursday, Guyana’s President Irfaan Ali unveiled a plan to modernize the Guyana Defence Force (GDF).

This move aims to bolster technology and international alliances due to a territorial disagreement with Venezuela.

“We will see a shift in how we operate and achieve our goals,” Ali remarked at the 2024 Officers’ Annual Conference.

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The revamp will upgrade asset types and structures within the GDF, echoing the principle, “To whom much is given, much is expected.”

The GDF’s $201-million budget targets the acquisition of helicopters, maritime vessels, and drones.

Guyana Upgrades Military in Response to Esequibo Dispute.
Guyana Upgrades Military in Response to Esequibo Dispute.
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Jon Finer, a senior advisor to US President Joe Biden, noted earlier that the US is closely supporting Guyana.

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Discussions on defense cooperation have also taken place with France and the UK, focusing on the Esequibo region dispute with Venezuela.

Ali emphasized Guyana’s intent for peace, not an “arms race” with Venezuela, and stressed financial prudence in upgrading defense capabilities.

Dialogue mediated by Brazil and Caribbean leaders in December eased Guyana-Venezuela tensions.

A follow-up meeting in January set the stage for further discussions between Venezuelan leader Nicolas Maduro and Ali.

During peak tensions, the US provided Guyana with surveillance and advisory support, aiding its relatively small military force.

The dispute involves Venezuela’s claim to the Esequibo region, stemming from colonial times and the 1966 Geneva Agreement.

The conflict grew in 2015 with ExxonMobil’s oil find in Esequibo and later when Venezuela held a sovereignty vote there.

Venezuela’s actions, including a sovereignty vote and military mobilization in Esequibo, underscore the urgency for a resolution.

 

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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