IBOV 172,197 ▼ 0.92% IPSA 10,626 ▼ 1.50% IPC MEX 68,137 ▼ 0.66% MERVAL 3,242,788 ▲ 2.41% COLCAP 2,254.58 ▲ 3.57% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.03 ▼ 0.19% USD/MXN 17.35 ▼ 0.04% USD/CLP 891.61 ▲ 0.20% USD/COP 3,558 ▼ 3.28% USD/PEN 3.40 ▼ 0.04% USD/ARS 1,427 ▲ 1.28% USD/UYU 40.17 ▲ 0.08% USD/PYG 5,091 ▼ 15.13% USD/BOB 6.85 ▼ 0.15% USD/DOP 58.15 ▲ 0.16% USD/CRC 452.56 ▲ 0.29% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.63 ▼ 0.02% USD/NIO 36.62 — 0.00% USD/VES 556.58 ▲ 0.51% USD/PAB 1.00 ▲ 2.18% USD/BZD 2.00 ▲ 1.61% USD/JMD 156.39 ▲ 0.27% USD/TTD 6.72 ▲ 0.86% EUR/BRL 5.85 ▼ 0.49% BRENT 94.89 ▲ 3.09% WTI 91.89 ▲ 5.19% IRON ORE 161.91 — — COPPER 6.56 ▲ 3.15% GOLD 4,520 ▼ 0.89% SILVER 75.42 ▼ 0.26% SOY 1,177 ▼ 0.82% CORN 442.50 ▼ 0.95% WHEAT 608.00 ▼ 0.41% COFFEE 260.00 ▼ 2.11% SUGAR 14.42 ▲ 2.56% ORANGE JUICE 154.95 ▼ 2.70% COTTON 76.66 ▲ 0.67% COCOA 3,899 ▼ 0.61% BEEF 240.40 ▼ 3.16% CATTLE 351.18 ▲ 0.79% LITHIUM 86.09 ▼ 1.22% PETR4 42.37 ▲ 2.59% VALE3 81.70 ▼ 1.35% ITUB4 39.36 ▼ 1.65% BBDC4 17.50 ▼ 1.02% ABEV3 16.43 ▲ 0.67% BBAS3 20.08 ▼ 0.79% B3SA3 16.25 ▼ 1.52% WEGE3 43.00 ▼ 2.49% PRIO3 62.82 ▲ 0.92% SUZB3 40.65 ▼ 3.01% RENT3 41.34 ▼ 1.62% AZZA3 18.78 ▼ 2.74% CSAN3 3.88 ▲ 2.11% RAIZ4 0.40 ▲ 11.11% PCAR3 1.61 ▼ 13.44% GMAT3 4.14 ▼ 3.04% PSSA3 48.00 ▼ 0.64% CVCB3 1.55 ▲ 3.33% POSI3 4.10 ▲ 0.74% SLCE3 15.21 ▼ 1.87% NATU3 9.84 ▼ 1.11% BRKM5 10.23 ▼ 2.20% RANI3 7.94 ▼ 1.00% CSNA3 6.55 ▼ 2.38% CMIN3 4.54 ▼ 2.58% USIM5 11.09 ▲ 0.09% GGBR4 23.14 ▲ 1.62% ENEV3 24.88 ▼ 2.93% NEOE3 33.80 — 0.00% CPFE3 42.85 ▼ 1.24% CMIG4 10.81 ▲ 0.46% EQTL3 38.43 ▼ 0.31% LREN3 15.02 ▲ 0.81% VIVT3 33.25 ▼ 1.69% RAIL3 13.92 ▲ 1.46% KLABIN 16.64 ▼ 0.18% RAIA DROGASIL 17.86 ▼ 4.44% RDOR3 33.87 ▼ 0.44% HAPV3 12.20 ▲ 0.41% FLRY3 15.31 ▼ 0.52% SMTO3 17.22 ▲ 1.41% UGPA3 25.41 ▼ 1.78% VBBR3 29.91 ▲ 0.54% BBSE3 35.03 ▼ 1.05% BPAC11 52.75 ▼ 1.86% CURY3 31.32 ▼ 1.29% AERI3 2.40 ▲ 4.80% VIVARA 21.55 ▼ 1.33% COMPASS 26.38 ▼ 1.46% VAMOS 3.00 ▼ 1.96% SANB11 27.21 ▲ 0.18% ASAI3 8.60 ▼ 1.71% SBSP3 27.28 ▼ 2.40% WALMEX 52.14 ▼ 0.50% GMEXICO 215.83 ▲ 0.27% FEMSA 204.01 ▼ 1.27% CEMEX 22.77 ▼ 0.26% GFNORTE 180.45 ▼ 0.19% BIMBO 57.50 ▼ 3.67% TELEVISA 9.28 ▼ 0.32% AMX 21.93 ▼ 0.23% GAP 400.32 ▼ 1.96% ASUR 296.67 ▲ 0.09% OMA 217.51 ▼ 0.23% KOF 185.07 ▼ 1.24% GRUMA 290.45 ▼ 0.11% KIMBER 38.58 ▲ 0.47% SQM-B 74,450 ▼ 2.30% COPEC 6,340 ▲ 0.26% BSANTANDER 69.25 ▼ 1.07% FALABELLA 5,645 ▼ 0.96% ENELAM 78.00 — 0.00% CENCOSUD 2,146 ▲ 2.24% CMPC 1,065 ▼ 0.09% BANCO CHILE 166.59 ▼ 0.64% LATAM AIR 23.08 ▼ 4.23% YPF 81,500 ▲ 4.02% GGAL 7,645 ▲ 2.00% PAMPA 5,245 ▲ 3.25% TXAR 688.50 ▼ 0.58% ALUAR 1,030 ▲ 1.08% TGS 9,425 ▲ 3.17% CEPU 2,390 ▲ 1.44% MIRGOR 17,200 ▲ 1.47% COME 50.20 ▲ 1.70% LOMA NEGRA 3,663 ▲ 1.95% BYMA 301.50 ▲ 1.52% TELECOM ARG 4,325 ▼ 0.06% ECOPETROL 16.25 ▲ 11.23% BANCOLOMBIA 73.52 ▲ 7.19% GRUPO AVAL 5.15 ▲ 11.71% CREDICORP 340.56 ▼ 0.60% SOUTHERN COPPER 194.62 ▲ 1.74% BUENAVENTURA 35.15 ▼ 4.72% MERCADOLIBRE 1,731 ▲ 2.08% NUBANK 12.99 ▼ 1.07% XP 16.60 ▼ 0.42% PAGSEGURO 9.43 ▲ 0.86% STONE 11.69 ▲ 2.10% GLOBANT 44.44 ▲ 10.11% TECNOGLASS 43.57 ▲ 1.11% GAP AIRPORT 231.41 ▼ 2.07% ASUR 296.67 ▲ 0.09% OMA AIRPORT 100.28 ▼ 0.04% AMX ADR 25.20 ▼ 0.71% FEMSA ADR 117.73 ▼ 1.09% CEMEX ADR 13.10 ▲ 0.08% PETROBRAS ADR 18.86 ▲ 0.48% VALE ADR 16.30 ▲ 0.31% ITAU ADR 7.79 ▼ 1.14% SANTANDER BR 5.43 ▼ 0.18% AMBEV ADR 3.24 ▲ 0.93% CSN 1.31 ▼ 2.96% GERDAU 4.56 ▲ 1.33% LATAM ADR 52.05 ▼ 3.04% BTC 71,143 ▼ 3.31% ETH 1,999 ▼ 0.27% SOL 81.01 ▼ 1.57% XRP 1.29 ▼ 2.99% BNB 692.76 ▼ 2.23% ADA 0.23 ▼ 2.16% DOGE 0.10 ▲ 0.55% AVAX 8.88 ▼ 0.89% LINK 9.02 ▼ 1.20% DOT 1.16 ▼ 2.47% LTC 50.71 ▼ 2.49% BCH 291.53 ▼ 3.59% TRX 0.34 ▼ 2.27% XLM 0.24 ▼ 6.43% HBAR 0.09 ▼ 4.76% NEAR 2.61 ▲ 12.33% ATOM 1.89 ▼ 3.03% AAVE 79.86 ▼ 2.67% SELIC 14.50% EMBRAER 72.17 ▼ 1.65% EMBRAER ADR 56.96 ▼ 1.37% JBS 12.10 ▼ 2.97% JBS BDR 60.60 ▼ 0.66% MBRF3 15.83 ▼ 1.12% MBRFY 3.15 ▲ 3.28% INTER 6.17 — 0.00% IBOV 172,197 ▼ 0.92% IPSA 10,626 ▼ 1.50% IPC MEX 68,137 ▼ 0.66% MERVAL 3,242,788 ▲ 2.41% COLCAP 2,254.58 ▲ 3.57% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.03 ▼ 0.19% USD/MXN 17.35 ▼ 0.04% USD/CLP 891.61 ▲ 0.20% USD/COP 3,558 ▼ 3.28% USD/PEN 3.40 ▼ 0.04% USD/ARS 1,427 ▲ 1.28% USD/UYU 40.17 ▲ 0.08% USD/PYG 5,091 ▼ 15.13% USD/BOB 6.85 ▼ 0.15% USD/DOP 58.15 ▲ 0.16% USD/CRC 452.56 ▲ 0.29% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.63 ▼ 0.02% USD/NIO 36.62 — 0.00% USD/VES 556.58 ▲ 0.51% USD/PAB 1.00 ▲ 2.18% USD/BZD 2.00 ▲ 1.61% USD/JMD 156.39 ▲ 0.27% USD/TTD 6.72 ▲ 0.86% EUR/BRL 5.85 ▼ 0.49% BRENT 94.89 ▲ 3.09% WTI 91.89 ▲ 5.19% IRON ORE 161.91 — — COPPER 6.56 ▲ 3.15% GOLD 4,520 ▼ 0.89% SILVER 75.42 ▼ 0.26% SOY 1,177 ▼ 0.82% CORN 442.50 ▼ 0.95% WHEAT 608.00 ▼ 0.41% COFFEE 260.00 ▼ 2.11% SUGAR 14.42 ▲ 2.56% ORANGE JUICE 154.95 ▼ 2.70% COTTON 76.66 ▲ 0.67% COCOA 3,899 ▼ 0.61% BEEF 240.40 ▼ 3.16% CATTLE 351.18 ▲ 0.79% LITHIUM 86.09 ▼ 1.22% PETR4 42.37 ▲ 2.59% VALE3 81.70 ▼ 1.35% ITUB4 39.36 ▼ 1.65% BBDC4 17.50 ▼ 1.02% ABEV3 16.43 ▲ 0.67% BBAS3 20.08 ▼ 0.79% B3SA3 16.25 ▼ 1.52% WEGE3 43.00 ▼ 2.49% PRIO3 62.82 ▲ 0.92% SUZB3 40.65 ▼ 3.01% RENT3 41.34 ▼ 1.62% AZZA3 18.78 ▼ 2.74% CSAN3 3.88 ▲ 2.11% RAIZ4 0.40 ▲ 11.11% PCAR3 1.61 ▼ 13.44% GMAT3 4.14 ▼ 3.04% PSSA3 48.00 ▼ 0.64% CVCB3 1.55 ▲ 3.33% POSI3 4.10 ▲ 0.74% SLCE3 15.21 ▼ 1.87% NATU3 9.84 ▼ 1.11% BRKM5 10.23 ▼ 2.20% RANI3 7.94 ▼ 1.00% CSNA3 6.55 ▼ 2.38% CMIN3 4.54 ▼ 2.58% USIM5 11.09 ▲ 0.09% GGBR4 23.14 ▲ 1.62% ENEV3 24.88 ▼ 2.93% NEOE3 33.80 — 0.00% CPFE3 42.85 ▼ 1.24% CMIG4 10.81 ▲ 0.46% EQTL3 38.43 ▼ 0.31% LREN3 15.02 ▲ 0.81% VIVT3 33.25 ▼ 1.69% RAIL3 13.92 ▲ 1.46% KLABIN 16.64 ▼ 0.18% RAIA DROGASIL 17.86 ▼ 4.44% RDOR3 33.87 ▼ 0.44% HAPV3 12.20 ▲ 0.41% FLRY3 15.31 ▼ 0.52% SMTO3 17.22 ▲ 1.41% UGPA3 25.41 ▼ 1.78% VBBR3 29.91 ▲ 0.54% BBSE3 35.03 ▼ 1.05% BPAC11 52.75 ▼ 1.86% CURY3 31.32 ▼ 1.29% AERI3 2.40 ▲ 4.80% VIVARA 21.55 ▼ 1.33% COMPASS 26.38 ▼ 1.46% VAMOS 3.00 ▼ 1.96% SANB11 27.21 ▲ 0.18% ASAI3 8.60 ▼ 1.71% SBSP3 27.28 ▼ 2.40% WALMEX 52.14 ▼ 0.50% GMEXICO 215.83 ▲ 0.27% FEMSA 204.01 ▼ 1.27% CEMEX 22.77 ▼ 0.26% GFNORTE 180.45 ▼ 0.19% BIMBO 57.50 ▼ 3.67% TELEVISA 9.28 ▼ 0.32% AMX 21.93 ▼ 0.23% GAP 400.32 ▼ 1.96% ASUR 296.67 ▲ 0.09% OMA 217.51 ▼ 0.23% KOF 185.07 ▼ 1.24% GRUMA 290.45 ▼ 0.11% KIMBER 38.58 ▲ 0.47% SQM-B 74,450 ▼ 2.30% COPEC 6,340 ▲ 0.26% BSANTANDER 69.25 ▼ 1.07% FALABELLA 5,645 ▼ 0.96% ENELAM 78.00 — 0.00% CENCOSUD 2,146 ▲ 2.24% CMPC 1,065 ▼ 0.09% BANCO CHILE 166.59 ▼ 0.64% LATAM AIR 23.08 ▼ 4.23% YPF 81,500 ▲ 4.02% GGAL 7,645 ▲ 2.00% PAMPA 5,245 ▲ 3.25% TXAR 688.50 ▼ 0.58% ALUAR 1,030 ▲ 1.08% TGS 9,425 ▲ 3.17% CEPU 2,390 ▲ 1.44% MIRGOR 17,200 ▲ 1.47% COME 50.20 ▲ 1.70% LOMA NEGRA 3,663 ▲ 1.95% BYMA 301.50 ▲ 1.52% TELECOM ARG 4,325 ▼ 0.06% ECOPETROL 16.25 ▲ 11.23% BANCOLOMBIA 73.52 ▲ 7.19% GRUPO AVAL 5.15 ▲ 11.71% CREDICORP 340.56 ▼ 0.60% SOUTHERN COPPER 194.62 ▲ 1.74% BUENAVENTURA 35.15 ▼ 4.72% MERCADOLIBRE 1,731 ▲ 2.08% NUBANK 12.99 ▼ 1.07% XP 16.60 ▼ 0.42% PAGSEGURO 9.43 ▲ 0.86% STONE 11.69 ▲ 2.10% GLOBANT 44.44 ▲ 10.11% TECNOGLASS 43.57 ▲ 1.11% GAP AIRPORT 231.41 ▼ 2.07% ASUR 296.67 ▲ 0.09% OMA AIRPORT 100.28 ▼ 0.04% AMX ADR 25.20 ▼ 0.71% FEMSA ADR 117.73 ▼ 1.09% CEMEX ADR 13.10 ▲ 0.08% PETROBRAS ADR 18.86 ▲ 0.48% VALE ADR 16.30 ▲ 0.31% ITAU ADR 7.79 ▼ 1.14% SANTANDER BR 5.43 ▼ 0.18% AMBEV ADR 3.24 ▲ 0.93% CSN 1.31 ▼ 2.96% GERDAU 4.56 ▲ 1.33% LATAM ADR 52.05 ▼ 3.04% BTC 71,143 ▼ 3.31% ETH 1,999 ▼ 0.27% SOL 81.01 ▼ 1.57% XRP 1.29 ▼ 2.99% BNB 692.76 ▼ 2.23% ADA 0.23 ▼ 2.16% DOGE 0.10 ▲ 0.55% AVAX 8.88 ▼ 0.89% LINK 9.02 ▼ 1.20% DOT 1.16 ▼ 2.47% LTC 50.71 ▼ 2.49% BCH 291.53 ▼ 3.59% TRX 0.34 ▼ 2.27% XLM 0.24 ▼ 6.43% HBAR 0.09 ▼ 4.76% NEAR 2.61 ▲ 12.33% ATOM 1.89 ▼ 3.03% AAVE 79.86 ▼ 2.67% SELIC 14.50% EMBRAER 72.17 ▼ 1.65% EMBRAER ADR 56.96 ▼ 1.37% JBS 12.10 ▼ 2.97% JBS BDR 60.60 ▼ 0.66% MBRF3 15.83 ▼ 1.12% MBRFY 3.15 ▲ 3.28% INTER 6.17 — 0.00%
since 2009
Tuesday, June 2, 2026

Latin America’s Cartel Wars Push Four Countries Into The World’s Worst 10

By · December 14, 2025 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

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Key Points

1. ACLED’s 2025 Conflict Index ranks Mexico 4th worldwide, with Ecuador 6th, Brazil 7th, and Haiti 8th.

2. It is not a street-crime list. It scores political violence: lethality, civilian targeting, spread, and armed-group fragmentation.

3. The findings are sharpening U.S. policy debates, but durable safety still depends on local justice systems.

ACLED says its final 2025 data release will publish on December 15–16. Even ahead of that update, its Conflict Index delivers the headline: four Latin American countries sit in the world’s ten most severe conflict environments.

Only Palestine, Myanmar, and Syria outrank Mexico. Nigeria completes the top five, with Ecuador, Brazil, Haiti, Sudan, and Pakistan also in the top 10.

How can countries without declared wars rank beside war zones? Because ACLED measures patterns, not labels.

When violence is frequent, deadly, widely distributed, and driven by many competing armed groups, everyday life can take on warlike features.

Fragmented groups fight over turf, fund themselves through extortion, and use attacks on civilians as enforcement. The deeper driver is incentives meeting weak constraints.

Latin America’s Cartel Wars Push Four Countries Into The World’s Worst 10
Latin America’s Cartel Wars Push Four Countries Into The World’s Worst 10

Latin America’s Cartel Wars Push Four Countries Into The World’s Worst 10

Latin America sits on corridors linking production areas, ports, and border crossings to global demand. Geography raises the payoff, but institutions decide the outcome.

When investigations fail, trials drag, and prisons cannot isolate leadership, criminal governance becomes sustainable. The public pays through fear, lost income, and coerced silence.

ACLED’s trend data shows the context: from mid-November 2024 to mid-November 2025, it recorded more than 205,400 violent events and around 244,700 fatalities worldwide.

For expats and foreign firms, the practical impact is higher security and insurance costs, more volatile logistics, and sudden “micro-shifts” in which routes are safe.

It also helps explain Washington’s harder posture. In 2025, President Donald Trump launched a process to designate major cartels as terrorist entities.

U.S. listings later included Mexico’s Sinaloa Cartel and CJNG. This week, U.S. authorities confirmed the December 10, 2025 seizure of the tanker Skipper, carrying about 1.8 million barrels of Venezuelan crude.

The Index does not settle the best remedy. It does make one point unavoidable: restoring order is now the region’s defining political test.

Daily Brief

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