IBOV 174,964.10 ▼ 1.00% IPSA 10,981.64 ▲ 0.59% IPC MEX 66,247.47 ▼ 1.56% MERVAL 3,306,661 ▼ 0.39% COLCAP 2,290.71 ▲ 0.33% BVL PERÚ 58,287.01 — — USD/BRL5.06▼ 0.46% USD/MXN17.46▼ 0.34% USD/CLP945.15▼ 0.08% USD/COP3,211▼ 0.13% USD/PEN3.40▲ 0.23% USD/ARS1,493▲ 0.27% USD/UYU40.14▲ 1.38% USD/PYG6,022▲ 1.26% USD/BOB11.18▲ 4.51% USD/DOP57.84▼ 0.53% USD/CRC449.17▲ 1.76% USD/GTQ7.63▲ 2.33% USD/HNL26.75▲ 0.82% USD/NIO36.62▲ 0.26% USD/VES740.37▲ 0.46% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.13▲ 0.01% USD/TTD6.71▲ 0.92% EUR/BRL5.76▼ 0.28% BRENT 97.23 ▼ 3.44% WTI 89.77 ▼ 2.63% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.67% GOLD 4,063 ▲ 0.41% SILVER 58.59 ▲ 1.36% SOY 1,247 ▲ 0.75% CORN 482.50 ▲ 3.99% WHEAT 669.75 ▼ 3.81% COFFEE 314.65 ▲ 1.70% SUGAR 14.62 ▼ 0.48% ORANGE JUICE 142.45 ▼ 2.96% COTTON 80.00 ▲ 0.20% COCOA 5,370 ▲ 1.30% BEEF 223.70 ▼ 0.75% CATTLE 345.13 ▲ 0.39% LITHIUM 68.14 ▼ 1.27% PETR4 42.46 ▼ 1.14% VALE3 75.32 ▼ 0.48% ITUB4 42.25 ▼ 0.73% BBDC4 18.57 ▼ 0.80% ABEV3 15.78 ▼ 0.88% BBAS3 20.51 ▼ 2.01% B3SA3 15.62 ▼ 0.19% WEGE3 45.74 ▲ 0.15% PRIO3 59.31 ▼ 2.03% SUZB3 42.01 ▼ 0.99% RENT3 37.15 ▲ 0.03% AZZA3 16.85 ▼ 1.17% CSAN3 3.85 ▼ 1.28% RAIZ4 0.27 — 0.00% PCAR3 2.87 — 0.00% GMAT3 3.85 ▼ 0.52% PSSA3 54.75 ▼ 0.78% CVCB3 1.32 ▲ 0.76% POSI3 3.61 ▼ 1.63% SLCE3 13.77 — 0.00% NATU3 8.46 ▼ 1.17% BRKM5 6.14 ▼ 0.49% RANI3 7.93 — 0.00% CSNA3 5.35 ▲ 0.94% CMIN3 5.86 ▲ 0.51% USIM5 8.44 ▼ 0.59% GGBR4 24.16 ▲ 0.42% ENEV3 25.08 ▼ 2.41% CPFE3 45.53 ▼ 1.49% CMIG4 11.04 ▼ 1.34% EQTL3 38.40 ▼ 1.59% LREN3 13.24 ▼ 0.97% VIVT3 35.54 ▲ 2.42% RAIL3 13.70 ▼ 1.86% KLABIN 17.41 ▼ 1.42% RAIA DROGASIL 18.07 ▼ 0.66% RDOR3 33.27 ▼ 1.19% HAPV3 10.20 ▼ 2.58% FLRY3 16.39 ▼ 1.15% SMTO3 15.41 ▼ 1.91% UGPA3 32.85 ▼ 1.62% VBBR3 35.22 ▼ 1.07% BBSE3 41.52 ▼ 2.08% BPAC11 55.21 ▼ 1.94% CURY3 29.60 ▼ 0.07% AERI3 2.03 ▲ 0.50% VIVARA 21.28 ▼ 0.79% COMPASS 24.88 ▼ 0.80% VAMOS 3.23 ▲ 0.62% SANB11 26.39 ▼ 0.90% ASAI3 7.87 ▼ 1.87% SBSP3 28.48 ▼ 0.94% WALMEX 47.74 ▲ 0.85% GMEXICO 210.09 ▲ 0.40% FEMSA 223.14 ▲ 0.36% CEMEX 21.61 ▲ 0.61% GFNORTE 191.94 ▲ 1.42% BIMBO 58.58 ▼ 0.85% TELEVISA 9.78 ▼ 0.10% AMX 22.88 ▲ 0.53% GAP 376.62 ▲ 0.05% ASUR 267.99 ▼ 0.69% OMA 226.86 ▼ 0.20% KOF 179.60 ▼ 0.06% GRUMA 266.76 ▼ 0.81% KIMBER 39.69 ▲ 1.07% SQM-B 66,273 ▲ 1.18% COPEC 6,380 ▲ 1.92% BSANTANDER 80.01 ▲ 0.01% FALABELLA 6,105 ▲ 0.78% ENELAM 85.21 ▲ 0.25% CENCOSUD 1,963 ▼ 0.26% CMPC 1,040 ▼ 1.05% BANCO CHILE 192.12 ▲ 0.73% LATAM AIR 24.13 ▲ 2.68% YPF 81,200 ▼ 1.55% GGAL 7,915 ▼ 0.38% PAMPA 5,535 ▼ 1.69% TXAR 676.00 ▼ 0.59% ALUAR 976.00 ▼ 0.66% TGS 9,850 ▼ 1.45% CEPU 2,410 ▼ 0.41% MIRGOR 16,575 ▼ 0.90% COME 42.84 ▲ 0.73% LOMA NEGRA 3,675 ▼ 2.39% BYMA 292.50 — 0.00% TELECOM ARG 4,348 ▲ 0.52% ECOPETROL 16.18 ▼ 0.92% BANCOLOMBIA 87.94 ▲ 1.33% GRUPO AVAL 4.93 ▼ 0.20% CREDICORP 394.26 ▲ 1.71% SOUTHERN COPPER 182.23 ▲ 0.01% BUENAVENTURA 31.52 ▲ 0.64% MERCADOLIBRE 1,823 ▲ 1.38% NUBANK 14.29 ▲ 0.67% XP 16.97 ▲ 0.80% PAGSEGURO 9.38 ▼ 0.90% STONE 11.05 ▲ 0.64% GLOBANT 31.52 ▲ 2.97% TECNOGLASS 45.23 ▲ 3.40% GAP AIRPORT 215.63 ▲ 0.08% ASUR 267.99 ▼ 0.69% OMA AIRPORT 103.76 ▼ 0.37% AMX ADR 26.17 ▲ 0.85% FEMSA ADR 127.83 ▲ 0.59% CEMEX ADR 12.32 ▲ 0.49% PETROBRAS ADR 18.89 ▼ 0.61% VALE ADR 14.87 ▲ 0.24% ITAU ADR 8.34 ▼ 0.12% SANTANDER BR 5.34 ▼ 0.47% AMBEV ADR 3.11 ▲ 0.49% CSN 1.06 — 0.00% GERDAU 4.80 ▲ 0.52% LATAM ADR 49.96 ▲ 0.23% BTC 63,754 ▼ 1.98% ETH 1,853 ▼ 1.28% SOL 73.81 ▼ 2.70% XRP 1.09 ▼ 1.78% BNB 558.00 ▼ 1.58% ADA 0.16 ▼ 2.63% DOGE 0.07 ▼ 0.92% AVAX 6.20 ▼ 0.99% LINK 8.31 ▼ 1.80% DOT 0.79 ▼ 2.86% LTC 46.13 ▼ 1.70% BCH 208.96 ▼ 1.48% TRX 0.33 ▲ 0.46% XLM 0.18 ▼ 3.11% HBAR 0.07 ▼ 0.73% NEAR 1.84 ▼ 2.31% ATOM 1.39 ▼ 2.26% AAVE 94.19 ▼ 0.89% SELIC 14.25% EMBRAER 82.99 ▼ 0.49% EMBRAER ADR 65.64 ▲ 0.26% JBS 12.25 ▲ 0.99% JBS BDR 61.88 ▲ 0.10% MBRF3 15.26 ▼ 2.12% MBRFY 3.00 ▼ 2.91% INTER 5.48 ▲ 0.37% EGX 53,932 ▼ 0.11% USD/ZAR16.80▼ 0.10% USD/NGN1,363▼ 0.44% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY 163.77 — 0.00% USD/CNY6.76▼ 0.16% DAX 24,984 ▲ 0.89% CAC 8,337 ▲ 0.45% FTSE 10,709 ▲ 0.65% MIB 51,608 ▲ 0.57% IBEX 19,509 ▲ 1.26% STOXX 642.04 ▲ 0.43% EUR/USD1.14▲ 0.10% GBP/USD1.33▼ 0.22% SPX 7,411 ▲ 0.04% DJI 51,816 ▲ 0.20% NDX 28,239 ▼ 0.76% RUT 2,934 ▼ 0.20% TSX 35,316 ▲ 0.35% VIX 18.64 ▼ 0.32% USD/CAD1.41▼ 0.06% US10Y 4.6670 ▼ 0.77% IBOV 174,964.10 ▼ 1.00% IPSA 10,981.64 ▲ 0.59% IPC MEX 66,247.47 ▼ 1.56% MERVAL 3,306,661 ▼ 0.39% COLCAP 2,290.71 ▲ 0.33% BVL PERÚ 58,287.01 — — USD/BRL 5.06 ▼ 0.46% USD/MXN 17.46 ▼ 0.34% USD/CLP 945.15 ▼ 0.08% USD/COP 3,211 ▼ 0.13% USD/PEN 3.40 ▲ 0.23% USD/ARS 1,493 ▲ 0.27% USD/UYU 40.14 ▲ 1.38% USD/PYG 6,022 ▲ 1.26% USD/BOB 11.18 ▲ 4.51% USD/DOP 57.84 ▼ 0.53% USD/CRC 449.17 ▲ 1.76% USD/GTQ 7.63 ▲ 2.33% USD/HNL 26.75 ▲ 0.82% USD/NIO 36.62 ▲ 0.26% USD/VES 740.37 ▲ 0.46% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.11% USD/TTD 6.71 ▲ 0.92% EUR/BRL 5.76 ▼ 0.28% BRENT 97.23 ▼ 3.44% WTI 89.77 ▼ 2.63% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.67% GOLD 4,063 ▲ 0.41% SILVER 58.59 ▲ 1.36% SOY 1,247 ▲ 0.75% CORN 482.50 ▲ 3.99% WHEAT 669.75 ▼ 3.81% COFFEE 314.65 ▲ 1.70% SUGAR 14.62 ▼ 0.48% ORANGE JUICE 142.45 ▼ 2.96% COTTON 80.00 ▲ 0.20% COCOA 5,370 ▲ 1.30% BEEF 223.70 ▼ 0.75% CATTLE 345.13 ▲ 0.39% LITHIUM 68.14 ▼ 1.27% PETR4 42.46 ▼ 1.14% VALE3 75.32 ▼ 0.48% ITUB4 42.25 ▼ 0.73% BBDC4 18.57 ▼ 0.80% ABEV3 15.78 ▼ 0.88% BBAS3 20.51 ▼ 2.01% B3SA3 15.62 ▼ 0.19% WEGE3 45.74 ▲ 0.15% PRIO3 59.31 ▼ 2.03% SUZB3 42.01 ▼ 0.99% RENT3 37.15 ▲ 0.03% AZZA3 16.85 ▼ 1.17% CSAN3 3.85 ▼ 1.28% RAIZ4 0.27 — 0.00% PCAR3 2.87 — 0.00% GMAT3 3.85 ▼ 0.52% PSSA3 54.75 ▼ 0.78% CVCB3 1.32 ▲ 0.76% POSI3 3.61 ▼ 1.63% SLCE3 13.77 — 0.00% NATU3 8.46 ▼ 1.17% BRKM5 6.14 ▼ 0.49% RANI3 7.93 — 0.00% CSNA3 5.35 ▲ 0.94% CMIN3 5.86 ▲ 0.51% USIM5 8.44 ▼ 0.59% GGBR4 24.16 ▲ 0.42% ENEV3 25.08 ▼ 2.41% CPFE3 45.53 ▼ 1.49% CMIG4 11.04 ▼ 1.34% EQTL3 38.40 ▼ 1.59% LREN3 13.24 ▼ 0.97% VIVT3 35.54 ▲ 2.42% RAIL3 13.70 ▼ 1.86% KLABIN 17.41 ▼ 1.42% RAIA DROGASIL 18.07 ▼ 0.66% RDOR3 33.27 ▼ 1.19% HAPV3 10.20 ▼ 2.58% FLRY3 16.39 ▼ 1.15% SMTO3 15.41 ▼ 1.91% UGPA3 32.85 ▼ 1.62% VBBR3 35.22 ▼ 1.07% BBSE3 41.52 ▼ 2.08% BPAC11 55.21 ▼ 1.94% CURY3 29.60 ▼ 0.07% AERI3 2.03 ▲ 0.50% VIVARA 21.28 ▼ 0.79% COMPASS 24.88 ▼ 0.80% VAMOS 3.23 ▲ 0.62% SANB11 26.39 ▼ 0.90% ASAI3 7.87 ▼ 1.87% SBSP3 28.48 ▼ 0.94% WALMEX 47.74 ▲ 0.85% GMEXICO 210.09 ▲ 0.40% FEMSA 223.14 ▲ 0.36% CEMEX 21.61 ▲ 0.61% GFNORTE 191.94 ▲ 1.42% BIMBO 58.58 ▼ 0.85% TELEVISA 9.78 ▼ 0.10% AMX 22.88 ▲ 0.53% GAP 376.62 ▲ 0.05% ASUR 267.99 ▼ 0.69% OMA 226.86 ▼ 0.20% KOF 179.60 ▼ 0.06% GRUMA 266.76 ▼ 0.81% KIMBER 39.69 ▲ 1.07% SQM-B 66,273 ▲ 1.18% COPEC 6,380 ▲ 1.92% BSANTANDER 80.01 ▲ 0.01% FALABELLA 6,105 ▲ 0.78% ENELAM 85.21 ▲ 0.25% CENCOSUD 1,963 ▼ 0.26% CMPC 1,040 ▼ 1.05% BANCO CHILE 192.12 ▲ 0.73% LATAM AIR 24.13 ▲ 2.68% YPF 81,200 ▼ 1.55% GGAL 7,915 ▼ 0.38% PAMPA 5,535 ▼ 1.69% TXAR 676.00 ▼ 0.59% ALUAR 976.00 ▼ 0.66% TGS 9,850 ▼ 1.45% CEPU 2,410 ▼ 0.41% MIRGOR 16,575 ▼ 0.90% COME 42.84 ▲ 0.73% LOMA NEGRA 3,675 ▼ 2.39% BYMA 292.50 — 0.00% TELECOM ARG 4,348 ▲ 0.52% ECOPETROL 16.18 ▼ 0.92% BANCOLOMBIA 87.94 ▲ 1.33% GRUPO AVAL 4.93 ▼ 0.20% CREDICORP 394.26 ▲ 1.71% SOUTHERN COPPER 182.23 ▲ 0.01% BUENAVENTURA 31.52 ▲ 0.64% MERCADOLIBRE 1,823 ▲ 1.38% NUBANK 14.29 ▲ 0.67% XP 16.97 ▲ 0.80% PAGSEGURO 9.38 ▼ 0.90% STONE 11.05 ▲ 0.64% GLOBANT 31.52 ▲ 2.97% TECNOGLASS 45.23 ▲ 3.40% GAP AIRPORT 215.63 ▲ 0.08% ASUR 267.99 ▼ 0.69% OMA AIRPORT 103.76 ▼ 0.37% AMX ADR 26.17 ▲ 0.85% FEMSA ADR 127.83 ▲ 0.59% CEMEX ADR 12.32 ▲ 0.49% PETROBRAS ADR 18.89 ▼ 0.61% VALE ADR 14.87 ▲ 0.24% ITAU ADR 8.34 ▼ 0.12% SANTANDER BR 5.34 ▼ 0.47% AMBEV ADR 3.11 ▲ 0.49% CSN 1.06 — 0.00% GERDAU 4.80 ▲ 0.52% LATAM ADR 49.96 ▲ 0.23% BTC 63,754 ▼ 1.98% ETH 1,853 ▼ 1.28% SOL 73.81 ▼ 2.70% XRP 1.09 ▼ 1.78% BNB 558.00 ▼ 1.58% ADA 0.16 ▼ 2.63% DOGE 0.07 ▼ 0.92% AVAX 6.20 ▼ 0.99% LINK 8.31 ▼ 1.80% DOT 0.79 ▼ 2.86% LTC 46.13 ▼ 1.70% BCH 208.96 ▼ 1.48% TRX 0.33 ▲ 0.46% XLM 0.18 ▼ 3.11% HBAR 0.07 ▼ 0.73% NEAR 1.84 ▼ 2.31% ATOM 1.39 ▼ 2.26% AAVE 94.19 ▼ 0.89% SELIC 14.25% EMBRAER 82.99 ▼ 0.49% EMBRAER ADR 65.64 ▲ 0.26% JBS 12.25 ▲ 0.99% JBS BDR 61.88 ▲ 0.10% MBRF3 15.26 ▼ 2.12% MBRFY 3.00 ▼ 2.91% INTER 5.48 ▲ 0.37% EGX 53,932 ▼ 0.11% USD/ZAR 16.83 ▲ 0.10% USD/NGN 1,363 ▼ 0.24% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY 163.77 — 0.00% USD/CNY 6.7616 ▼ 0.08% DAX 24,984 ▲ 0.89% CAC 8,337 ▲ 0.45% FTSE 10,709 ▲ 0.65% MIB 51,608 ▲ 0.57% IBEX 19,509 ▲ 1.26% STOXX 642.04 ▲ 0.43% EUR/USD 1.1380 ▼ 0.02% GBP/USD 1.3329 ▲ 0.10% SPX 7,411 ▲ 0.04% DJI 51,816 ▲ 0.20% NDX 28,239 ▼ 0.76% RUT 2,934 ▼ 0.20% TSX 35,316 ▲ 0.35% VIX 18.64 ▼ 0.32% USD/CAD 1.4093 ▲ 0.09% US10Y 4.6670 ▼ 0.77%
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Nuclear Weapons as a Shield: Argentina and Israel’s Stand for Middle East Security

By · November 4, 2024 · 3 min read

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(Analysis) Argentina and Israel recently made a controversial decision at the United Nations, opposing a resolution that sought to establish nuclear-free zones, including in the Middle East.

By standing against this initiative, both countries signaled their belief that nuclear weapons remain crucial for ensuring Israel’s survival in a region surrounded by hostile forces.

The resolution, supported by 172 countries, aimed to promote nuclear disarmament and establish new nuclear-free zones worldwide. Argentina and Israel were the only two nations to vote against it, while three countries abstained.

This move underscores Argentina’s alignment with Israel’s stance on security matters in the Middle East, particularly under President Javier Milei’s administration. Israel has long resisted efforts to create a nuclear-free zone in the Middle East.

The country views its (non-official) nuclear capabilities as essential for its defense, especially given the ongoing threats from radical Islamic groups and Iran’s nuclear ambitions.

Nuclear Weapons as a Shield: Argentina and Israel's Stand for Middle East Security. (Photo Internet reproduction)
Nuclear Weapons as a Shield: Argentina and Israel’s Stand for Middle East Security. (Photo Internet reproduction)
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Israel is not a signatory to the Nuclear Non-Proliferation Treaty (NPT), which further highlights its determination to maintain a strategic advantage in the region.

Argentina’s decision to side with Israel marks a significant departure from its previous positions on nuclear disarmament. Historically, Argentina has supported nuclear non-proliferation and peaceful uses of nuclear energy.

Both Argentina and Israel seem to recognize that nuclear weapons serve as a deterrent against aggressive forces in the Middle East. Radical Islamic groups continue to target Israel and other non-Muslim communities in the region, threatening their existence.

Nuclear Weapons as a Shield: Argentina and Israel’s Stand for Middle East Security

The broader international community, however, views the establishment of nuclear-free zones as essential for global peace and security. The UN resolution called for an expert study on existing and potential nuclear-free regions and emphasized that such zones would strengthen non-proliferation efforts.

Despite this overwhelming support, Argentina’s vote suggests that it shares Israel’s concerns about disarmament weakening their defensive capabilities in a volatile region.

Christian organizations emphasize the importance of Israel’s survival for preserving their faith traditions native to the region, citing concerns about the increasing persecution of religious minorities in neighboring areas, including Palestine territories.

From Ideology to Atrocity: Understanding Hamas’s Religious War Against Israel

Argentina’s vote reflects a broader shift in its foreign policy under Milei’s leadership. The administration has made clear its intention to support both Israel and the United States on key international issues.

While the U.S. backed the UN resolution on this occasion, Argentina’s alignment with Israel suggests that it prioritizes regional security concerns over broader disarmament goals.

In conclusion, Argentina and Israel’s opposition to the UN resolution signals their shared belief that nuclear weapons are essential for protecting Israel from existential threats posed by radical Islamic forces.

This stance reflects a pragmatic approach to security in one of the world’s most volatile regions, where disarmament could leave Israel vulnerable to attack.

Nuclear Weapons as a Shield: Argentina and Israel’s Stand for Middle East Security

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