IBOV 173,768.17 ▼ 0.03% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.16% USD/MXN17.53▲ 0.59% USD/CLP934.70▲ 1.05% USD/COP3,257▲ 0.81% USD/PEN3.39▲ 0.22% USD/ARS1,478▲ 0.17% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.87% USD/TTD6.74▲ 1.70% EUR/BRL5.84▲ 0.12% BRENT 87.80 ▲ 4.24% WTI 81.41 ▲ 3.12% IRON ORE 161.91 — — COPPER 6.25 ▼ 0.70% GOLD 4,007 ▲ 0.54% SILVER 56.14 ▲ 0.42% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.29 ▼ 0.83% PETR4 40.85 ▲ 2.41% VALE3 72.64 ▼ 0.47% ITUB4 41.92 ▼ 1.48% BBDC4 18.22 ▼ 1.03% ABEV3 15.53 ▼ 0.45% BBAS3 20.34 ▼ 2.02% B3SA3 15.19 ▼ 1.30% WEGE3 43.46 ▼ 0.07% PRIO3 57.70 ▲ 1.60% SUZB3 41.88 ▲ 0.43% RENT3 37.91 ▼ 2.44% AZZA3 18.42 ▼ 0.59% CSAN3 3.85 ▼ 0.77% RAIZ4 0.28 ▼ 3.45% PCAR3 2.56 ▼ 1.16% GMAT3 3.92 — 0.00% PSSA3 54.98 ▼ 0.43% CVCB3 1.25 ▼ 7.41% POSI3 3.76 ▼ 3.09% SLCE3 13.51 ▼ 0.73% NATU3 8.54 ▼ 0.23% BRKM5 6.22 ▲ 1.97% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.31 ▼ 2.57% USIM5 8.24 ▲ 4.30% GGBR4 24.01 ▲ 0.42% ENEV3 25.73 ▼ 0.85% CPFE3 46.99 ▼ 0.42% CMIG4 11.18 ▲ 0.81% EQTL3 39.48 ▼ 0.93% LREN3 13.36 ▼ 2.12% VIVT3 35.56 ▲ 0.25% RAIL3 13.67 ▼ 1.87% KLABIN 17.53 ▲ 0.98% RAIA DROGASIL 18.37 ▼ 0.81% RDOR3 35.59 ▼ 0.78% HAPV3 11.38 ▲ 3.93% FLRY3 16.60 ▲ 1.10% SMTO3 15.47 ▼ 1.59% UGPA3 32.03 ▲ 0.13% VBBR3 34.94 ▲ 1.66% BBSE3 40.84 ▼ 0.83% BPAC11 56.14 ▼ 0.80% CURY3 30.57 ▼ 2.30% AERI3 2.03 ▲ 0.50% VIVARA 22.43 ▼ 3.94% COMPASS 24.78 ▼ 0.52% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.39 ▼ 1.99% SBSP3 29.26 ▼ 0.14% WALMEX 49.64 ▲ 0.16% GMEXICO 200.08 ▲ 0.42% FEMSA 224.73 ▼ 0.15% CEMEX 22.67 ▼ 0.48% GFNORTE 180.39 — 0.00% BIMBO 58.00 ▲ 0.14% TELEVISA 9.62 ▲ 1.16% AMX 23.17 ▲ 1.71% GAP 386.35 ▼ 1.38% ASUR 278.84 ▼ 0.75% OMA 229.82 ▼ 1.40% KOF 180.26 ▲ 0.73% GRUMA 286.46 ▲ 0.03% KIMBER 38.57 ▼ 0.54% SQM-B 65,140 ▼ 1.38% COPEC 6,225 ▲ 1.61% BSANTANDER 77.21 ▼ 1.22% FALABELLA 5,883 ▲ 0.52% ENELAM 84.34 ▼ 0.54% CENCOSUD 1,999 ▼ 0.29% CMPC 1,079 ▲ 0.47% BANCO CHILE 188.05 ▼ 0.44% LATAM AIR 24.70 ▼ 2.76% YPF 77,650 ▲ 2.07% GGAL 7,795 ▼ 0.89% PAMPA 5,175 ▲ 1.27% TXAR 664.00 ▲ 0.30% ALUAR 958.50 ▲ 1.97% TGS 9,345 ▼ 0.43% CEPU 2,257 ▼ 0.13% MIRGOR 16,800 ▲ 0.30% COME 43.79 ▼ 1.51% LOMA NEGRA 3,518 ▼ 1.12% BYMA 299.00 ▼ 0.83% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.04 ▲ 1.52% BANCOLOMBIA 80.15 ▲ 0.86% GRUPO AVAL 4.93 ▼ 0.80% CREDICORP 391.23 ▲ 0.98% SOUTHERN COPPER 172.35 ▼ 1.88% BUENAVENTURA 30.09 ▼ 0.27% MERCADOLIBRE 1,818 ▼ 2.11% NUBANK 13.62 ▼ 1.27% XP 16.70 ▲ 0.09% PAGSEGURO 9.06 ▼ 1.04% STONE 11.09 ▼ 0.98% GLOBANT 32.29 ▲ 0.28% TECNOGLASS 45.58 ▼ 2.68% GAP AIRPORT 219.74 ▼ 2.45% ASUR 278.84 ▼ 0.75% OMA AIRPORT 104.87 ▼ 2.18% AMX ADR 26.39 ▲ 0.94% FEMSA ADR 128.23 ▼ 0.98% CEMEX ADR 12.94 ▼ 1.26% PETROBRAS ADR 17.91 ▲ 2.49% VALE ADR 14.17 ▼ 0.35% ITAU ADR 8.19 ▼ 1.32% SANTANDER BR 5.22 ▼ 1.32% AMBEV ADR 3.02 ▼ 1.15% CSN 0.99 ▼ 0.90% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.71 ▼ 0.88% BTC 64,058 ▲ 0.42% ETH 1,840 ▼ 1.26% SOL 75.00 ▼ 0.36% XRP 1.09 ▲ 0.26% BNB 566.33 ▼ 1.02% ADA 0.17 ▲ 2.69% DOGE 0.07 ▲ 0.27% AVAX 6.56 ▲ 0.82% LINK 8.21 ▼ 1.44% DOT 0.85 ▼ 0.44% LTC 44.99 ▲ 0.11% BCH 219.92 ▼ 0.76% TRX 0.32 ▼ 0.14% XLM 0.19 ▲ 0.67% HBAR 0.07 ▼ 0.79% NEAR 1.92 ▼ 2.17% ATOM 1.51 ▲ 0.29% AAVE 90.34 ▼ 0.87% SELIC 14.25% EMBRAER 81.95 ▲ 0.22% EMBRAER ADR 64.06 ▼ 0.48% JBS 11.81 ▼ 1.87% JBS BDR 60.21 ▼ 2.10% MBRF3 14.91 ▼ 2.49% MBRFY 2.89 ▼ 1.37% INTER 5.37 ▼ 3.07% EGX 52,928 ▲ 0.70% USD/ZAR16.53▲ 0.61% USD/NGN1,378▼ 0.20% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY162.46▲ 0.04% USD/CNY6.78▲ 0.03% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD1.14▼ 0.04% GBP/USD1.35▼ 0.65% SPX 7,458 ▼ 1.00% DJI 52,150 ▼ 0.77% NDX 28,632 ▼ 1.36% RUT 2,953 ▼ 0.73% TSX 35,162 ▼ 0.50% VIX 18.80 ▲ 12.37% USD/CAD1.40▼ 0.21% US10Y 4.5410 ▼ 0.61% IBOV 173,768.17 ▼ 0.03% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.16% USD/MXN 17.53 ▲ 0.59% USD/CLP 933.67 ▲ 0.94% USD/COP 3,257 ▲ 0.81% USD/PEN 3.39 ▲ 0.23% USD/ARS 1,478 ▲ 0.17% USD/UYU 40.23 ▲ 1.74% USD/PYG 6,032 ▲ 1.81% USD/BOB 10.65 ▲ 4.37% USD/DOP 58.24 ▲ 1.37% USD/CRC 446.12 ▲ 1.44% USD/GTQ 7.62 ▲ 2.73% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.87% USD/TTD 6.74 ▲ 1.70% EUR/BRL 5.84 ▲ 0.13% BRENT 87.80 ▲ 4.24% WTI 81.41 ▲ 3.12% IRON ORE 161.91 — — COPPER 6.25 ▼ 0.70% GOLD 4,007 ▲ 0.54% SILVER 56.14 ▲ 0.42% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.29 ▼ 0.83% PETR4 40.85 ▲ 2.41% VALE3 72.64 ▼ 0.47% ITUB4 41.92 ▼ 1.48% BBDC4 18.22 ▼ 1.03% ABEV3 15.53 ▼ 0.45% BBAS3 20.34 ▼ 2.02% B3SA3 15.19 ▼ 1.30% WEGE3 43.46 ▼ 0.07% PRIO3 57.70 ▲ 1.60% SUZB3 41.88 ▲ 0.43% RENT3 37.91 ▼ 2.44% AZZA3 18.42 ▼ 0.59% CSAN3 3.85 ▼ 0.77% RAIZ4 0.28 ▼ 3.45% PCAR3 2.56 ▼ 1.16% GMAT3 3.92 — 0.00% PSSA3 54.98 ▼ 0.43% CVCB3 1.25 ▼ 7.41% POSI3 3.76 ▼ 3.09% SLCE3 13.51 ▼ 0.73% NATU3 8.54 ▼ 0.23% BRKM5 6.22 ▲ 1.97% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.31 ▼ 2.57% USIM5 8.24 ▲ 4.30% GGBR4 24.01 ▲ 0.42% ENEV3 25.73 ▼ 0.85% CPFE3 46.99 ▼ 0.42% CMIG4 11.18 ▲ 0.81% EQTL3 39.48 ▼ 0.93% LREN3 13.36 ▼ 2.12% VIVT3 35.56 ▲ 0.25% RAIL3 13.67 ▼ 1.87% KLABIN 17.53 ▲ 0.98% RAIA DROGASIL 18.37 ▼ 0.81% RDOR3 35.59 ▼ 0.78% HAPV3 11.38 ▲ 3.93% FLRY3 16.60 ▲ 1.10% SMTO3 15.47 ▼ 1.59% UGPA3 32.03 ▲ 0.13% VBBR3 34.94 ▲ 1.66% BBSE3 40.84 ▼ 0.83% BPAC11 56.14 ▼ 0.80% CURY3 30.57 ▼ 2.30% AERI3 2.03 ▲ 0.50% VIVARA 22.43 ▼ 3.94% COMPASS 24.78 ▼ 0.52% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.39 ▼ 1.99% SBSP3 29.26 ▼ 0.14% WALMEX 49.64 ▲ 0.16% GMEXICO 200.08 ▲ 0.42% FEMSA 224.73 ▼ 0.15% CEMEX 22.67 ▼ 0.48% GFNORTE 180.39 — 0.00% BIMBO 58.00 ▲ 0.14% TELEVISA 9.62 ▲ 1.16% AMX 23.17 ▲ 1.71% GAP 386.35 ▼ 1.38% ASUR 278.84 ▼ 0.75% OMA 229.82 ▼ 1.40% KOF 180.26 ▲ 0.73% GRUMA 286.46 ▲ 0.03% KIMBER 38.57 ▼ 0.54% SQM-B 65,140 ▼ 1.38% COPEC 6,225 ▲ 1.61% BSANTANDER 77.21 ▼ 1.22% FALABELLA 5,883 ▲ 0.52% ENELAM 84.34 ▼ 0.54% CENCOSUD 1,999 ▼ 0.29% CMPC 1,079 ▲ 0.47% BANCO CHILE 188.05 ▼ 0.44% LATAM AIR 24.70 ▼ 2.76% YPF 77,650 ▲ 2.07% GGAL 7,795 ▼ 0.89% PAMPA 5,175 ▲ 1.27% TXAR 664.00 ▲ 0.30% ALUAR 958.50 ▲ 1.97% TGS 9,345 ▼ 0.43% CEPU 2,257 ▼ 0.13% MIRGOR 16,800 ▲ 0.30% COME 43.79 ▼ 1.51% LOMA NEGRA 3,518 ▼ 1.12% BYMA 299.00 ▼ 0.83% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.04 ▲ 1.52% BANCOLOMBIA 80.15 ▲ 0.86% GRUPO AVAL 4.93 ▼ 0.80% CREDICORP 391.23 ▲ 0.98% SOUTHERN COPPER 172.35 ▼ 1.88% BUENAVENTURA 30.09 ▼ 0.27% MERCADOLIBRE 1,818 ▼ 2.11% NUBANK 13.62 ▼ 1.27% XP 16.70 ▲ 0.09% PAGSEGURO 9.06 ▼ 1.04% STONE 11.09 ▼ 0.98% GLOBANT 32.29 ▲ 0.28% TECNOGLASS 45.58 ▼ 2.68% GAP AIRPORT 219.74 ▼ 2.45% ASUR 278.84 ▼ 0.75% OMA AIRPORT 104.87 ▼ 2.18% AMX ADR 26.39 ▲ 0.94% FEMSA ADR 128.23 ▼ 0.98% CEMEX ADR 12.94 ▼ 1.26% PETROBRAS ADR 17.91 ▲ 2.49% VALE ADR 14.17 ▼ 0.35% ITAU ADR 8.19 ▼ 1.32% SANTANDER BR 5.22 ▼ 1.32% AMBEV ADR 3.02 ▼ 1.15% CSN 0.99 ▼ 0.90% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.71 ▼ 0.88% BTC 64,058 ▲ 0.42% ETH 1,840 ▼ 1.26% SOL 75.00 ▼ 0.36% XRP 1.09 ▲ 0.26% BNB 566.33 ▼ 1.02% ADA 0.17 ▲ 2.69% DOGE 0.07 ▲ 0.27% AVAX 6.56 ▲ 0.82% LINK 8.21 ▼ 1.44% DOT 0.85 ▼ 0.44% LTC 44.99 ▲ 0.11% BCH 219.92 ▼ 0.76% TRX 0.32 ▼ 0.14% XLM 0.19 ▲ 0.67% HBAR 0.07 ▼ 0.79% NEAR 1.92 ▼ 2.17% ATOM 1.51 ▲ 0.29% AAVE 90.34 ▼ 0.87% SELIC 14.25% EMBRAER 81.95 ▲ 0.22% EMBRAER ADR 64.06 ▼ 0.48% JBS 11.81 ▼ 1.87% JBS BDR 60.21 ▼ 2.10% MBRF3 14.91 ▼ 2.49% MBRFY 2.89 ▼ 1.37% INTER 5.37 ▼ 3.07% EGX 52,928 ▲ 0.70% USD/ZAR 16.52 ▲ 0.85% USD/NGN 1,378 ▲ 0.02% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY 162.46 ▲ 0.07% USD/CNY 6.7755 ▲ 0.18% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD 1.1439 ▼ 0.04% GBP/USD 1.3454 ▼ 0.19% SPX 7,458 ▼ 1.00% DJI 52,150 ▼ 0.77% NDX 28,632 ▼ 1.36% RUT 2,953 ▼ 0.73% TSX 35,162 ▼ 0.50% VIX 18.80 ▲ 12.37% USD/CAD 1.4011 ▼ 0.20% US10Y 4.5410 ▼ 0.61%
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Latin America Venezuela

Maduro Sets 90-Day Deadline for Venezuela’s Constitutional Reform Proposal

By · February 26, 2025 · 2 min read

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Venezuelan President Nicolás Maduro announced a 90-day deadline for finalizing a constitutional reform proposal during a televised address.

The initiative aims to modernize the 1999 Constitution and align it with the country’s political, economic, and social goals. Maduro emphasized the importance of public participation and broad debate to ensure clarity on the proposed changes.

The reform process follows a national consultation phase, with input from various working commissions. Maduro confirmed receiving initial documents outlining potential amendments.

Key areas of focus include expanding democratic participation, modernizing the economy, and updating societal principles. The government seeks to address Venezuela’s economic challenges while promoting inclusivity and social justice.

The Constitution allows reforms initiated by the National Assembly, the Executive, or 15% of voters. Any changes must be approved through a national referendum. Once the final proposal is submitted, the National Electoral Council (CNE) will have 30 days to organize the vote.

Maduro Sets 90-Day Deadline for Venezuela’s Constitutional Reform Proposal
Maduro Sets 90-Day Deadline for Venezuela’s Constitutional Reform Proposal. (Photo Internet reproduction)
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The reform proposes significant changes to governance structures and economic policies. It includes measures to enhance direct democracy and restructure local government systems. Economic updates aim to address inflation and workers’ demands, such as converting bonuses into salaries.

Maduro Pushes for Constitutional Reform

Critics argue that these measures could further centralize power under Maduro’s administration. This effort follows previous constitutional amendments under Hugo Chávez, including a 2009 change allowing indefinite re-election for officials.

A 2007 reform attempt failed in a referendum, highlighting public resistance to sweeping changes. Maduro’s initiative reflects his continued push for a political model rooted in Bolivarian ideals.

Venezuela faces severe economic challenges, including international sanctions and hyperinflation. The government hopes constitutional reform will provide a framework for stability and growth.

However, opposition groups remain skeptical about the process’s transparency and its potential impact on democratic freedoms. Maduro stressed that the reform must reflect the will of the people and strengthen Venezuela’s sovereignty.

The final proposal will determine whether this initiative achieves its stated goals or deepens existing divisions. As Venezuela navigates this critical moment, all eyes remain on how this process unfolds in the coming months.

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