IBOV 176,286 ▲ 0.31% IPSA 10,928 ▲ 0.16% IPC MEX 66,708 ▲ 1.11% MERVAL 3,246,109 ▲ 0.33% COLCAP 2,296.93 ▼ 0.47% BVL PERÚ 56,428.20 ▲ 2.25% USD/BRL5.08▼ 1.17% USD/MXN17.43▼ 0.56% USD/CLP922.90▼ 1.07% USD/COP3,251▼ 0.37% USD/PEN3.39▼ 0.60% USD/ARS1,476▼ 0.51% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.31▲ 0.39% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.64% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 0.32% BRENT 85.13 ▲ 2.20% WTI 79.69 ▲ 1.98% IRON ORE 161.91 — — COPPER 6.38 ▲ 2.42% GOLD 4,079 ▲ 2.04% SILVER 59.23 ▲ 2.77% SOY 1,192 ▼ 0.81% CORN 460.50 ▲ 5.20% WHEAT 643.75 ▲ 2.67% COFFEE 339.45 ▼ 0.57% SUGAR 14.97 ▲ 1.49% ORANGE JUICE 139.35 ▼ 2.24% COTTON 81.68 ▲ 2.32% COCOA 5,716 ▲ 0.35% BEEF 231.78 ▼ 1.26% CATTLE 349.23 ▼ 1.45% LITHIUM 71.48 ▲ 1.76% PETR4 40.56 ▼ 0.25% VALE3 73.92 ▲ 1.47% ITUB4 43.47 ▼ 0.11% BBDC4 18.64 ▼ 0.69% ABEV3 15.89 ▲ 0.38% BBAS3 20.50 ▲ 1.28% B3SA3 15.32 ▲ 1.32% WEGE3 44.24 ▼ 0.34% PRIO3 57.04 ▼ 0.28% SUZB3 41.10 ▼ 0.94% RENT3 40.30 ▲ 0.25% AZZA3 18.93 ▼ 1.51% CSAN3 3.88 ▼ 0.51% RAIZ4 0.32 ▼ 3.03% PCAR3 2.47 ▼ 4.63% GMAT3 3.94 — 0.00% PSSA3 54.12 ▲ 0.15% CVCB3 1.28 ▲ 2.40% POSI3 3.95 ▼ 1.00% SLCE3 13.74 ▼ 0.94% NATU3 8.50 ▼ 1.16% BRKM5 6.66 ▼ 4.03% RANI3 8.03 ▲ 1.01% CSNA3 5.15 ▼ 1.72% CMIN3 5.26 ▼ 3.49% USIM5 8.25 ▼ 1.55% GGBR4 23.05 ▲ 1.01% ENEV3 26.99 ▲ 0.41% CPFE3 47.01 ▲ 0.36% CMIG4 11.11 ▲ 0.36% EQTL3 40.92 ▲ 1.77% LREN3 14.16 ▲ 0.07% VIVT3 35.21 ▲ 1.38% RAIL3 14.15 ▲ 0.28% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.50 ▲ 1.65% RDOR3 35.79 ▲ 0.65% HAPV3 10.63 ▲ 1.63% FLRY3 16.26 ▲ 0.68% SMTO3 16.31 ▼ 0.37% UGPA3 30.03 ▼ 2.91% VBBR3 33.05 ▲ 0.89% BBSE3 40.24 ▼ 0.10% BPAC11 58.17 ▲ 1.13% CURY3 32.90 ▼ 0.66% AERI3 2.08 — 0.00% VIVARA 23.34 ▲ 1.00% COMPASS 25.19 ▲ 1.70% VAMOS 3.04 ▲ 0.66% SANB11 27.34 ▼ 0.11% ASAI3 8.66 ▼ 0.57% SBSP3 30.35 ▼ 0.07% WALMEX 49.58 ▼ 0.14% GMEXICO 201.76 ▲ 3.15% FEMSA 232.72 ▲ 3.27% CEMEX 22.28 ▲ 2.30% GFNORTE 187.01 ▲ 2.71% BIMBO 56.30 ▲ 0.77% TELEVISA 9.48 ▼ 1.35% AMX 22.85 ▲ 1.15% GAP 387.33 ▼ 5.11% ASUR 276.98 ▼ 0.60% OMA 234.33 ▲ 0.43% KOF 181.71 ▲ 0.02% GRUMA 282.67 ▲ 0.46% KIMBER 38.38 ▲ 0.42% SQM-B 67,463 ▲ 0.37% COPEC 6,065 ▲ 0.13% BSANTANDER 78.81 ▲ 0.78% FALABELLA 5,931 ▲ 0.43% ENELAM 84.85 ▲ 0.77% CENCOSUD 2,060 ▲ 0.99% CMPC 1,081 ▲ 0.25% BANCO CHILE 188.93 ▲ 2.12% LATAM AIR 24.62 ▼ 1.12% YPF 77,200 ▲ 0.03% GGAL 8,100 ▲ 0.25% PAMPA 5,210 ▼ 0.29% TXAR 665.00 ▲ 0.08% ALUAR 960.00 ▼ 0.47% TGS 9,695 ▲ 1.31% CEPU 2,313 ▼ 0.26% MIRGOR 16,850 ▼ 0.88% COME 45.45 ▲ 1.50% LOMA NEGRA 3,545 ▲ 1.36% BYMA 307.25 ▼ 0.32% TELECOM ARG 4,275 ▲ 0.59% ECOPETROL 15.86 ▼ 0.13% BANCOLOMBIA 81.93 ▲ 1.88% GRUPO AVAL 4.91 — 0.00% CREDICORP 390.83 ▲ 0.41% SOUTHERN COPPER 180.29 ▲ 3.30% BUENAVENTURA 30.89 ▲ 3.59% MERCADOLIBRE 1,873 ▲ 0.32% NUBANK 13.92 ▲ 1.79% XP 16.60 ▲ 1.41% PAGSEGURO 9.19 ▼ 1.02% STONE 11.14 ▼ 0.09% GLOBANT 31.74 ▼ 1.18% TECNOGLASS 43.34 ▲ 1.17% GAP AIRPORT 222.23 ▼ 4.53% ASUR 276.98 ▼ 0.60% OMA AIRPORT 107.65 ▲ 1.43% AMX ADR 26.20 ▲ 0.63% FEMSA ADR 133.70 ▲ 3.64% CEMEX ADR 12.79 ▲ 2.73% PETROBRAS ADR 17.92 ▲ 0.20% VALE ADR 14.55 ▲ 2.61% ITAU ADR 8.56 ▲ 1.09% SANTANDER BR 5.41 ▲ 1.12% AMBEV ADR 3.11 ▲ 1.64% CSN 1.02 ▼ 0.97% GERDAU 4.56 ▲ 1.56% LATAM ADR 53.08 ▼ 0.47% BTC 64,689 ▲ 3.94% ETH 1,874 ▲ 5.65% SOL 77.31 ▲ 3.27% XRP 1.10 ▲ 3.59% BNB 582.27 ▲ 2.76% ADA 0.17 ▲ 5.20% DOGE 0.07 ▲ 4.15% AVAX 6.66 ▲ 3.35% LINK 8.29 ▲ 5.34% DOT 0.85 ▲ 1.97% LTC 44.74 ▲ 2.88% BCH 239.10 ▲ 1.21% TRX 0.33 ▲ 0.44% XLM 0.18 ▲ 2.18% HBAR 0.07 ▲ 0.55% NEAR 2.04 ▲ 6.53% ATOM 1.55 ▲ 1.24% AAVE 99.78 ▲ 5.74% SELIC 14.25% EMBRAER 82.96 ▼ 0.06% EMBRAER ADR 65.38 ▲ 1.40% JBS 11.78 ▼ 0.21% JBS BDR 59.67 ▼ 1.55% MBRF3 16.04 ▲ 2.04% MBRFY 3.10 ▲ 1.64% INTER 5.66 ▲ 0.09% EGX 52,299 ▼ 0.59% USD/ZAR16.39▼ 0.54% USD/NGN1,381▲ 0.07% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY162.14▼ 0.19% USD/CNY6.76▼ 0.33% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD1.14▲ 0.42% GBP/USD1.34▼ 0.03% SPX 7,536 ▲ 0.27% DJI 52,414 ▼ 0.16% NDX 29,580 ▲ 1.08% RUT 2,965 ▲ 0.39% TSX 35,317 ▲ 0.18% VIX 16.50 ▼ 3.85% USD/CAD1.41▼ 0.62% US10Y 4.5790 ▼ 0.65% IBOV 176,286 ▲ 0.31% IPSA 10,928 ▲ 0.16% IPC MEX 66,708 ▲ 1.11% MERVAL 3,246,109 ▲ 0.33% COLCAP 2,296.93 ▼ 0.47% BVL PERÚ 56,428.20 ▲ 2.25% USD/BRL 5.08 ▼ 1.17% USD/MXN 17.43 ▼ 0.56% USD/CLP 922.90 ▼ 1.07% USD/COP 3,251 ▼ 0.37% USD/PEN 3.39 ▼ 0.60% USD/ARS 1,476 ▼ 0.51% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.31 ▲ 0.39% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.64% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 0.32% BRENT 85.13 ▲ 2.20% WTI 79.69 ▲ 1.98% IRON ORE 161.91 — — COPPER 6.38 ▲ 2.42% GOLD 4,079 ▲ 2.04% SILVER 59.23 ▲ 2.77% SOY 1,192 ▼ 0.81% CORN 460.50 ▲ 5.20% WHEAT 643.75 ▲ 2.67% COFFEE 339.45 ▼ 0.57% SUGAR 14.97 ▲ 1.49% ORANGE JUICE 139.35 ▼ 2.24% COTTON 81.68 ▲ 2.32% COCOA 5,716 ▲ 0.35% BEEF 231.78 ▼ 1.26% CATTLE 349.23 ▼ 1.45% LITHIUM 71.48 ▲ 1.76% PETR4 40.56 ▼ 0.25% VALE3 73.92 ▲ 1.47% ITUB4 43.47 ▼ 0.11% BBDC4 18.64 ▼ 0.69% ABEV3 15.89 ▲ 0.38% BBAS3 20.50 ▲ 1.28% B3SA3 15.32 ▲ 1.32% WEGE3 44.24 ▼ 0.34% PRIO3 57.04 ▼ 0.28% SUZB3 41.10 ▼ 0.94% RENT3 40.30 ▲ 0.25% AZZA3 18.93 ▼ 1.51% CSAN3 3.88 ▼ 0.51% RAIZ4 0.32 ▼ 3.03% PCAR3 2.47 ▼ 4.63% GMAT3 3.94 — 0.00% PSSA3 54.12 ▲ 0.15% CVCB3 1.28 ▲ 2.40% POSI3 3.95 ▼ 1.00% SLCE3 13.74 ▼ 0.94% NATU3 8.50 ▼ 1.16% BRKM5 6.66 ▼ 4.03% RANI3 8.03 ▲ 1.01% CSNA3 5.15 ▼ 1.72% CMIN3 5.26 ▼ 3.49% USIM5 8.25 ▼ 1.55% GGBR4 23.05 ▲ 1.01% ENEV3 26.99 ▲ 0.41% CPFE3 47.01 ▲ 0.36% CMIG4 11.11 ▲ 0.36% EQTL3 40.92 ▲ 1.77% LREN3 14.16 ▲ 0.07% VIVT3 35.21 ▲ 1.38% RAIL3 14.15 ▲ 0.28% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.50 ▲ 1.65% RDOR3 35.79 ▲ 0.65% HAPV3 10.63 ▲ 1.63% FLRY3 16.26 ▲ 0.68% SMTO3 16.31 ▼ 0.37% UGPA3 30.03 ▼ 2.91% VBBR3 33.05 ▲ 0.89% BBSE3 40.24 ▼ 0.10% BPAC11 58.17 ▲ 1.13% CURY3 32.90 ▼ 0.66% AERI3 2.08 — 0.00% VIVARA 23.34 ▲ 1.00% COMPASS 25.19 ▲ 1.70% VAMOS 3.04 ▲ 0.66% SANB11 27.34 ▼ 0.11% ASAI3 8.66 ▼ 0.57% SBSP3 30.35 ▼ 0.07% WALMEX 49.58 ▼ 0.14% GMEXICO 201.76 ▲ 3.15% FEMSA 232.72 ▲ 3.27% CEMEX 22.28 ▲ 2.30% GFNORTE 187.01 ▲ 2.71% BIMBO 56.30 ▲ 0.77% TELEVISA 9.48 ▼ 1.35% AMX 22.85 ▲ 1.15% GAP 387.33 ▼ 5.11% ASUR 276.98 ▼ 0.60% OMA 234.33 ▲ 0.43% KOF 181.71 ▲ 0.02% GRUMA 282.67 ▲ 0.46% KIMBER 38.38 ▲ 0.42% SQM-B 67,463 ▲ 0.37% COPEC 6,065 ▲ 0.13% BSANTANDER 78.81 ▲ 0.78% FALABELLA 5,931 ▲ 0.43% ENELAM 84.85 ▲ 0.77% CENCOSUD 2,060 ▲ 0.99% CMPC 1,081 ▲ 0.25% BANCO CHILE 188.93 ▲ 2.12% LATAM AIR 24.62 ▼ 1.12% YPF 77,200 ▲ 0.03% GGAL 8,100 ▲ 0.25% PAMPA 5,210 ▼ 0.29% TXAR 665.00 ▲ 0.08% ALUAR 960.00 ▼ 0.47% TGS 9,695 ▲ 1.31% CEPU 2,313 ▼ 0.26% MIRGOR 16,850 ▼ 0.88% COME 45.45 ▲ 1.50% LOMA NEGRA 3,545 ▲ 1.36% BYMA 307.25 ▼ 0.32% TELECOM ARG 4,275 ▲ 0.59% ECOPETROL 15.86 ▼ 0.13% BANCOLOMBIA 81.93 ▲ 1.88% GRUPO AVAL 4.91 — 0.00% CREDICORP 390.83 ▲ 0.41% SOUTHERN COPPER 180.29 ▲ 3.30% BUENAVENTURA 30.89 ▲ 3.59% MERCADOLIBRE 1,873 ▲ 0.32% NUBANK 13.92 ▲ 1.79% XP 16.60 ▲ 1.41% PAGSEGURO 9.19 ▼ 1.02% STONE 11.14 ▼ 0.09% GLOBANT 31.74 ▼ 1.18% TECNOGLASS 43.34 ▲ 1.17% GAP AIRPORT 222.23 ▼ 4.53% ASUR 276.98 ▼ 0.60% OMA AIRPORT 107.65 ▲ 1.43% AMX ADR 26.20 ▲ 0.63% FEMSA ADR 133.70 ▲ 3.64% CEMEX ADR 12.79 ▲ 2.73% PETROBRAS ADR 17.92 ▲ 0.20% VALE ADR 14.55 ▲ 2.61% ITAU ADR 8.56 ▲ 1.09% SANTANDER BR 5.41 ▲ 1.12% AMBEV ADR 3.11 ▲ 1.64% CSN 1.02 ▼ 0.97% GERDAU 4.56 ▲ 1.56% LATAM ADR 53.08 ▼ 0.47% BTC 64,689 ▲ 3.94% ETH 1,874 ▲ 5.65% SOL 77.31 ▲ 3.27% XRP 1.10 ▲ 3.59% BNB 582.27 ▲ 2.76% ADA 0.17 ▲ 5.20% DOGE 0.07 ▲ 4.15% AVAX 6.66 ▲ 3.35% LINK 8.29 ▲ 5.34% DOT 0.85 ▲ 1.97% LTC 44.74 ▲ 2.88% BCH 239.10 ▲ 1.21% TRX 0.33 ▲ 0.44% XLM 0.18 ▲ 2.18% HBAR 0.07 ▲ 0.55% NEAR 2.04 ▲ 6.53% ATOM 1.55 ▲ 1.24% AAVE 99.78 ▲ 5.74% SELIC 14.25% EMBRAER 82.96 ▼ 0.06% EMBRAER ADR 65.38 ▲ 1.40% JBS 11.78 ▼ 0.21% JBS BDR 59.67 ▼ 1.55% MBRF3 16.04 ▲ 2.04% MBRFY 3.10 ▲ 1.64% INTER 5.66 ▲ 0.09% EGX 52,299 ▼ 0.59% USD/ZAR 16.38 ▼ 0.45% USD/NGN 1,381 ▲ 0.20% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY 162.14 ▼ 0.18% USD/CNY 6.7576 ▼ 0.20% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD 1.1431 ▲ 0.39% GBP/USD 1.3383 ▲ 0.25% SPX 7,536 ▲ 0.27% DJI 52,414 ▼ 0.16% NDX 29,580 ▲ 1.08% RUT 2,965 ▲ 0.39% TSX 35,317 ▲ 0.18% VIX 16.50 ▼ 3.85% USD/CAD 1.4067 ▼ 0.61% US10Y 4.5790 ▼ 0.65%
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Regional Latin America

Mexican party submits bill to allow appeals of social media account cancellations

By · February 10, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – (AP) The party of President Andrés Manuel López Obrador presented for public comment a proposed set of regulations on Twitter, Facebook and other social media companies.

Mexico may allow appeals on social media account cancellation. (Photo internet reproduction)
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The new proposed law would subject media companies to fines of up to US$4.4 million for violating users’ right to free speech. The law would apply only to platforms that have over one million users in Mexico, apparently covering only sites like Facebook, Twitter, Instagram, TikTok or YouTube.

The proposal would allow anyone whose account is blocked or canceled to appeal the decision. The appeals would go first to the company’s own internal committees, which would have 24 hours to affirm or revoke the suspension. Users could then appeal to telecom regulators, and if they don’t like that decision, they could then further appeal cancellations through Mexican courts.

Senador Ricardo Monreal, the party’s leader in the Senate, hopes to submit the new law for approval in three weeks.

“One of the things that affects freedom of expression occurs through impeding the right to receive information, by blocking content, as has happened in recent cases with Twitter,” according to a draft of the law that Monreal published on his web site.

The law could run afoul of the U.S.-Mexico Canada free trade agreement, which states “no Party shall impose liability on a supplier or user of an interactive computer service on account of … any action voluntarily taken in good faith by the supplier or user to restrict access to or availability of material that is accessible or available through its supply or use of the interactive computer services and that the supplier or user considers to be harmful or objectionable.”

Monreal argues that, under the agreement, that clause doesn’t apply to Mexico for another 2 1/2 years, though it would presumably invalidate the law in the future.

The proposed bill acknowledges that companies have their own rules of use and online community behavior, but says “it is necessary that these (internal) procedures be regulated by law, so that based on that decision, an administrative or legal appeal can be made, in order to enforce users’ human right to justice.”

The bill says companies cannot resolve disputes over blockings or account cancellations by using algorithms, but rather must use human committees.

In January, López Obrador vowed to lead an international effort to combat what he considers censorship by social media companies that have blocked or suspended the accounts of former U.S. President Donald Trump.

López Obrador was close to Trump and was outraged by the blocking of his accounts. Like Trump, López Obrador thinks traditional media outlets are biased against him, and like Trump, the Mexican president has used the term “fake news,” or Spanish variants of it.

López Obrador said in January that his administration is reaching out to other government to form a common front on the issue.

“I can tell you that at the first G20 meeting we have, I am going to make a proposal on this issue,” López Obrador said. “Yes, social media should not be used to incite violence and all that, but this cannot be used as a pretext to suspend freedom of expression.”

“How can a company act as if it was all-powerful, omnipotent, as a sort of Spanish Inquisition on what is expressed?” he asked.

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