IBOV 175,739 ▼ 1.20% IPSA 10,928 ▲ 0.16% IPC MEX 65,973 ▼ 0.79% MERVAL 3,235,295 ▼ 1.37% COLCAP 2,307.67 — UNCH BVL PERÚ 56,917.82 ▼ 0.86% USD/BRL5.09▼ 1.01% USD/MXN17.43▼ 0.56% USD/CLP924.59▼ 0.89% USD/COP3,230▼ 1.01% USD/PEN3.40▼ 0.23% USD/ARS1,475▼ 0.54% 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/BRL5.82▲ 0.02% BRENT 86.97 ▲ 4.41% WTI 80.73 ▲ 3.31% IRON ORE 161.91 — — COPPER 6.39 ▲ 2.52% GOLD 4,082 ▲ 2.12% SILVER 59.10 ▲ 2.53% SOY 1,188 ▼ 1.16% CORN 457.50 ▲ 4.51% WHEAT 632.50 ▲ 0.88% COFFEE 337.10 ▼ 1.26% SUGAR 14.70 ▼ 0.34% ORANGE JUICE 138.20 ▼ 3.05% COTTON 81.07 ▲ 1.55% COCOA 5,752 ▲ 0.98% BEEF 230.83 ▼ 1.86% CATTLE 354.20 ▼ 0.11% LITHIUM 70.24 ▼ 2.88% PETR4 40.66 ▲ 2.55% VALE3 72.85 ▼ 1.79% ITUB4 43.52 ▼ 1.76% BBDC4 18.77 ▼ 0.48% ABEV3 15.83 ▲ 0.06% BBAS3 20.24 ▼ 1.65% B3SA3 15.12 ▼ 1.95% WEGE3 44.39 ▼ 4.56% PRIO3 57.20 ▲ 3.16% SUZB3 41.49 ▼ 0.14% RENT3 40.20 ▼ 2.19% AZZA3 19.22 ▲ 0.63% CSAN3 3.90 ▼ 4.18% RAIZ4 0.33 ▼ 5.71% PCAR3 2.59 ▼ 5.13% GMAT3 3.94 ▼ 0.76% PSSA3 54.04 ▼ 1.69% CVCB3 1.25 — 0.00% POSI3 3.99 ▲ 0.50% SLCE3 13.87 ▼ 1.07% NATU3 8.60 ▼ 0.92% BRKM5 6.94 ▲ 4.68% RANI3 7.95 ▼ 0.75% CSNA3 5.24 ▲ 1.16% CMIN3 5.45 ▲ 4.21% USIM5 8.38 ▼ 0.83% GGBR4 22.82 ▼ 0.83% ENEV3 26.88 ▼ 2.43% CPFE3 46.84 ▼ 2.15% CMIG4 11.07 ▼ 2.72% EQTL3 40.21 ▼ 1.71% LREN3 14.15 ▼ 3.21% VIVT3 34.73 ▼ 2.85% RAIL3 14.11 ▼ 1.74% KLABIN 17.48 ▼ 0.34% RAIA DROGASIL 18.20 ▼ 3.04% RDOR3 35.56 ▼ 1.28% HAPV3 10.46 ▼ 1.32% FLRY3 16.15 ▼ 1.64% SMTO3 16.37 — 0.00% UGPA3 30.93 ▲ 0.72% VBBR3 32.76 ▼ 0.73% BBSE3 40.28 ▼ 0.17% BPAC11 57.52 ▼ 2.06% CURY3 33.12 ▼ 3.19% AERI3 2.08 ▼ 0.48% VIVARA 23.11 ▼ 1.79% COMPASS 24.77 ▼ 2.86% VAMOS 3.02 ▼ 1.31% SANB11 27.37 ▼ 0.91% ASAI3 8.71 ▼ 1.80% SBSP3 30.37 ▼ 2.38% WALMEX 49.66 ▲ 0.69% GMEXICO 195.76 ▼ 1.74% FEMSA 225.36 ▲ 0.92% CEMEX 21.79 ▼ 0.32% GFNORTE 181.91 ▼ 2.51% BIMBO 55.97 ▼ 0.23% TELEVISA 9.58 ▼ 1.54% AMX 22.86 ▲ 0.70% GAP 407.66 ▼ 1.17% ASUR 278.66 ▼ 2.27% OMA 232.47 ▼ 1.70% KOF 181.26 ▲ 0.62% GRUMA 281.09 ▼ 0.87% KIMBER 38.20 ▲ 0.34% SQM-B 67,211 ▼ 0.80% COPEC 6,057 ▼ 1.33% BSANTANDER 78.20 ▼ 1.01% FALABELLA 5,905 — 0.00% ENELAM 84.20 ▼ 1.41% CENCOSUD 2,040 ▼ 0.25% CMPC 1,078 ▼ 2.80% BANCO CHILE 185.00 ▼ 2.05% LATAM AIR 24.90 ▼ 5.18% YPF 77,175 ▲ 3.73% GGAL 8,095 ▼ 2.88% PAMPA 5,225 ▲ 0.87% TXAR 661.50 ▼ 1.42% ALUAR 964.50 ▼ 1.13% TGS 9,580 ▼ 0.16% CEPU 2,324 ▼ 3.01% MIRGOR 17,050 ▼ 1.16% COME 44.85 ▼ 2.31% LOMA NEGRA 3,500 ▼ 2.30% BYMA 308.25 ▼ 1.83% TELECOM ARG 4,248 ▲ 0.06% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 80.42 ▼ 3.05% GRUPO AVAL 4.91 ▼ 3.16% CREDICORP 389.22 ▼ 2.89% SOUTHERN COPPER 174.53 ▼ 0.74% BUENAVENTURA 29.82 ▼ 0.60% MERCADOLIBRE 1,867 ▲ 0.81% NUBANK 13.67 ▼ 0.65% XP 16.37 ▼ 3.25% PAGSEGURO 9.28 ▲ 0.32% STONE 11.15 ▼ 0.54% GLOBANT 32.12 ▲ 7.21% TECNOGLASS 42.84 ▼ 2.41% GAP AIRPORT 232.77 ▼ 1.22% ASUR 278.66 ▼ 2.27% OMA AIRPORT 106.13 ▼ 1.77% AMX ADR 26.02 ▲ 0.04% FEMSA ADR 129.01 ▲ 1.06% CEMEX ADR 12.45 ▼ 0.24% PETROBRAS ADR 17.88 ▲ 3.23% VALE ADR 14.18 ▼ 1.94% ITAU ADR 8.47 ▼ 1.74% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.06 ▼ 0.33% CSN 1.03 ▲ 1.49% GERDAU 4.49 ▼ 0.22% LATAM ADR 53.33 ▼ 5.53% BTC 63,752 ▲ 2.43% ETH 1,858 ▲ 4.76% SOL 76.62 ▲ 2.35% XRP 1.09 ▲ 2.03% BNB 576.60 ▲ 1.76% ADA 0.16 ▲ 2.91% DOGE 0.07 ▲ 1.84% AVAX 6.59 ▲ 2.26% LINK 8.19 ▲ 4.05% DOT 0.84 ▲ 0.89% LTC 44.52 ▲ 2.37% BCH 239.28 ▲ 1.29% TRX 0.33 ▲ 0.44% XLM 0.18 ▲ 1.89% HBAR 0.07 ▲ 0.43% NEAR 2.02 ▲ 5.44% ATOM 1.54 ▲ 0.59% AAVE 98.16 ▲ 4.03% SELIC 14.25% EMBRAER 83.01 ▼ 1.88% EMBRAER ADR 64.48 ▼ 2.32% JBS 11.80 ▼ 0.92% JBS BDR 60.61 ▼ 0.28% MBRF3 15.72 ▲ 1.09% MBRFY 3.03 ▲ 0.33% INTER 5.65 ▼ 2.92% EGX 52,299 ▼ 0.59% USD/ZAR16.37▼ 0.63% 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/JPY161.88▼ 0.35% USD/CNY6.76▼ 0.33% DAX 24,983 ▼ 0.52% CAC 8,334 ▼ 0.36% FTSE 10,496 ▼ 0.02% MIB 52,725 ▼ 0.16% IBEX 19,249 ▼ 0.45% STOXX 640.17 ▼ 0.13% EUR/USD1.15▲ 0.61% GBP/USD1.34▲ 0.18% SPX 7,515 ▼ 0.79% DJI 52,499 ▼ 0.26% NDX 29,264 ▼ 1.88% RUT 2,953 ▼ 0.83% TSX 35,253 ▼ 0.15% VIX 16.70 ▼ 2.68% USD/CAD1.41▼ 0.61% US10Y 4.5610 ▼ 1.04% IBOV 175,739 ▼ 1.20% IPSA 10,928 ▲ 0.16% IPC MEX 65,973 ▼ 0.79% MERVAL 3,235,295 ▼ 1.37% COLCAP 2,307.67 — UNCH BVL PERÚ 56,917.82 ▼ 0.86% USD/BRL 5.09 ▼ 1.01% USD/MXN 17.43 ▼ 0.56% USD/CLP 924.59 ▼ 0.89% USD/COP 3,230 ▼ 1.01% USD/PEN 3.40 ▼ 0.23% USD/ARS 1,475 ▼ 0.54% 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 5.82 ▲ 0.02% BRENT 86.97 ▲ 4.41% WTI 80.73 ▲ 3.31% IRON ORE 161.91 — — COPPER 6.39 ▲ 2.52% GOLD 4,082 ▲ 2.12% SILVER 59.10 ▲ 2.53% SOY 1,188 ▼ 1.16% CORN 457.50 ▲ 4.51% WHEAT 632.50 ▲ 0.88% COFFEE 337.10 ▼ 1.26% SUGAR 14.70 ▼ 0.34% ORANGE JUICE 138.20 ▼ 3.05% COTTON 81.07 ▲ 1.55% COCOA 5,752 ▲ 0.98% BEEF 230.83 ▼ 1.86% CATTLE 354.20 ▼ 0.11% LITHIUM 70.24 ▼ 2.88% PETR4 40.66 ▲ 2.55% VALE3 72.85 ▼ 1.79% ITUB4 43.52 ▼ 1.76% BBDC4 18.77 ▼ 0.48% ABEV3 15.83 ▲ 0.06% BBAS3 20.24 ▼ 1.65% B3SA3 15.12 ▼ 1.95% WEGE3 44.39 ▼ 4.56% PRIO3 57.20 ▲ 3.16% SUZB3 41.49 ▼ 0.14% RENT3 40.20 ▼ 2.19% AZZA3 19.22 ▲ 0.63% CSAN3 3.90 ▼ 4.18% RAIZ4 0.33 ▼ 5.71% PCAR3 2.59 ▼ 5.13% GMAT3 3.94 ▼ 0.76% PSSA3 54.04 ▼ 1.69% CVCB3 1.25 — 0.00% POSI3 3.99 ▲ 0.50% SLCE3 13.87 ▼ 1.07% NATU3 8.60 ▼ 0.92% BRKM5 6.94 ▲ 4.68% RANI3 7.95 ▼ 0.75% CSNA3 5.24 ▲ 1.16% CMIN3 5.45 ▲ 4.21% USIM5 8.38 ▼ 0.83% GGBR4 22.82 ▼ 0.83% ENEV3 26.88 ▼ 2.43% CPFE3 46.84 ▼ 2.15% CMIG4 11.07 ▼ 2.72% EQTL3 40.21 ▼ 1.71% LREN3 14.15 ▼ 3.21% VIVT3 34.73 ▼ 2.85% RAIL3 14.11 ▼ 1.74% KLABIN 17.48 ▼ 0.34% RAIA DROGASIL 18.20 ▼ 3.04% RDOR3 35.56 ▼ 1.28% HAPV3 10.46 ▼ 1.32% FLRY3 16.15 ▼ 1.64% SMTO3 16.37 — 0.00% UGPA3 30.93 ▲ 0.72% VBBR3 32.76 ▼ 0.73% BBSE3 40.28 ▼ 0.17% BPAC11 57.52 ▼ 2.06% CURY3 33.12 ▼ 3.19% AERI3 2.08 ▼ 0.48% VIVARA 23.11 ▼ 1.79% COMPASS 24.77 ▼ 2.86% VAMOS 3.02 ▼ 1.31% SANB11 27.37 ▼ 0.91% ASAI3 8.71 ▼ 1.80% SBSP3 30.37 ▼ 2.38% WALMEX 49.66 ▲ 0.69% GMEXICO 195.76 ▼ 1.74% FEMSA 225.36 ▲ 0.92% CEMEX 21.79 ▼ 0.32% GFNORTE 181.91 ▼ 2.51% BIMBO 55.97 ▼ 0.23% TELEVISA 9.58 ▼ 1.54% AMX 22.86 ▲ 0.70% GAP 407.66 ▼ 1.17% ASUR 278.66 ▼ 2.27% OMA 232.47 ▼ 1.70% KOF 181.26 ▲ 0.62% GRUMA 281.09 ▼ 0.87% KIMBER 38.20 ▲ 0.34% SQM-B 67,211 ▼ 0.80% COPEC 6,057 ▼ 1.33% BSANTANDER 78.20 ▼ 1.01% FALABELLA 5,905 — 0.00% ENELAM 84.20 ▼ 1.41% CENCOSUD 2,040 ▼ 0.25% CMPC 1,078 ▼ 2.80% BANCO CHILE 185.00 ▼ 2.05% LATAM AIR 24.90 ▼ 5.18% YPF 77,175 ▲ 3.73% GGAL 8,095 ▼ 2.88% PAMPA 5,225 ▲ 0.87% TXAR 661.50 ▼ 1.42% ALUAR 964.50 ▼ 1.13% TGS 9,580 ▼ 0.16% CEPU 2,324 ▼ 3.01% MIRGOR 17,050 ▼ 1.16% COME 44.85 ▼ 2.31% LOMA NEGRA 3,500 ▼ 2.30% BYMA 308.25 ▼ 1.83% TELECOM ARG 4,248 ▲ 0.06% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 80.42 ▼ 3.05% GRUPO AVAL 4.91 ▼ 3.16% CREDICORP 389.22 ▼ 2.89% SOUTHERN COPPER 174.53 ▼ 0.74% BUENAVENTURA 29.82 ▼ 0.60% MERCADOLIBRE 1,867 ▲ 0.81% NUBANK 13.67 ▼ 0.65% XP 16.37 ▼ 3.25% PAGSEGURO 9.28 ▲ 0.32% STONE 11.15 ▼ 0.54% GLOBANT 32.12 ▲ 7.21% TECNOGLASS 42.84 ▼ 2.41% GAP AIRPORT 232.77 ▼ 1.22% ASUR 278.66 ▼ 2.27% OMA AIRPORT 106.13 ▼ 1.77% AMX ADR 26.02 ▲ 0.04% FEMSA ADR 129.01 ▲ 1.06% CEMEX ADR 12.45 ▼ 0.24% PETROBRAS ADR 17.88 ▲ 3.23% VALE ADR 14.18 ▼ 1.94% ITAU ADR 8.47 ▼ 1.74% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.06 ▼ 0.33% CSN 1.03 ▲ 1.49% GERDAU 4.49 ▼ 0.22% LATAM ADR 53.33 ▼ 5.53% BTC 63,752 ▲ 2.43% ETH 1,858 ▲ 4.76% SOL 76.62 ▲ 2.35% XRP 1.09 ▲ 2.03% BNB 576.60 ▲ 1.76% ADA 0.16 ▲ 2.91% DOGE 0.07 ▲ 1.84% AVAX 6.59 ▲ 2.26% LINK 8.19 ▲ 4.05% DOT 0.84 ▲ 0.89% LTC 44.52 ▲ 2.37% BCH 239.28 ▲ 1.29% TRX 0.33 ▲ 0.44% XLM 0.18 ▲ 1.89% HBAR 0.07 ▲ 0.43% NEAR 2.02 ▲ 5.44% ATOM 1.54 ▲ 0.59% AAVE 98.16 ▲ 4.03% SELIC 14.25% EMBRAER 83.01 ▼ 1.88% EMBRAER ADR 64.48 ▼ 2.32% JBS 11.80 ▼ 0.92% JBS BDR 60.61 ▼ 0.28% MBRF3 15.72 ▲ 1.09% MBRFY 3.03 ▲ 0.33% INTER 5.65 ▼ 2.92% EGX 52,299 ▼ 0.59% USD/ZAR 16.38 ▼ 0.50% 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 161.91 ▼ 0.32% USD/CNY 6.7586 ▼ 0.18% DAX 24,983 ▼ 0.52% CAC 8,334 ▼ 0.36% FTSE 10,496 ▼ 0.02% MIB 52,725 ▼ 0.16% IBEX 19,249 ▼ 0.45% STOXX 640.17 ▼ 0.13% EUR/USD 1.1448 ▲ 0.54% GBP/USD 1.3409 ▲ 0.45% SPX 7,515 ▼ 0.79% DJI 52,499 ▼ 0.26% NDX 29,264 ▼ 1.88% RUT 2,953 ▼ 0.83% TSX 35,253 ▼ 0.15% VIX 16.70 ▼ 2.68% USD/CAD 1.4074 ▼ 0.56% US10Y 4.5610 ▼ 1.04%
since 2009
Tuesday, July 14, 2026

Opinion: New York’s Democratic mayor sounds the alarm about the rising number of refugees

By · October 20, 2022 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

By Carlos Esteban*

(Opinion) Declaring yourself a “sanctuary city” looks good and makes a lot of noise; officially proclaiming to the winds that your municipality is open to all immigrants, legal and illegal, is all the rage among Democrats.

One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →

But let’s assume you believe that.

In that case, it’s a severe problem, as recently in exclusive Martha’s Vineyard, which panicked at the arrival of just fifty refugees, and now in New York, which is facing an unprecedented crisis of new arrivals, it doesn’t know where to house.

Eric Adams, the new mayor of New York, was determined to make up for the failures of his predecessor Bill de Blasio.

Eric Adams. (Photo internet reproduction)
Eric Adams. (Photo internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

He has declared a state of emergency in the face of many refugee shelters. In contrast, remittances and referrals of refugees continue to pour in from cities along the southern border.

The New York City Department of Homeless Services reports that 62,174 people are housed in the city’s refugee shelters.

That surpassed the previous record of 61,415 set in January 2019, the New York Daily News reports.

The culprit, of course, is the evil Republican Southern states, which do not desire to hold all the illegals pouring into their cities in large waves and have decided to share them with Democrat cities for some time.

The rulers of these cities proclaim that “no one is illegal” and that everyone should be let in.

You want rice? Have two cups.

Still, Adams complains, predicting that housing and providing social services to the newcomers will cost city governments a billion dollars.

“That’s unsustainable. The city will run out of funds for other priorities,” he warned recently.

“Local government cannot be the solution to the national crisis, especially the manufacturing crisis.”

Why are they unable to extrapolate and warn when a city like New York cannot absorb illegal immigrants, let alone a small, poor southern city?

A humanitarian emergency center for immigrants is being built on Randall’s Island.

It would be the first stop for processing immigrants brought to New York City on buses from border states.

The city’s emergency reception system is bursting at the seams and is almost at capacity as the cold season sets in.

In addition to the new population record, the average length of stay has also risen to an all-time high: According to city data, single adults now spend an average of 509 days in emergency shelters.

The data show that families with children are in shelters even longer on average (534 days), and adult families spend a spectacular 855 days in shelters on average.

Last week’s official count showed that about 19,000 Central and South Americans were admitted to the city’s homeless shelters.

Adams said the influx of immigrants could soon push the number of asylum seekers to more than 100,000.

* Carlos Esteban, 58 years old, fifteen years at the leading economic daily EXPANSIÓN, then part of the Recoletos Group, the last three years as head of Interactive Services on the newspaper’s website. Then in Intereconomía, where I founded the Catholic weekly ALBA, I wrote opinion in ÉPOCA, where I also covered the International section, for which I was responsible when La Gaceta was born (as a generalist newspaper). For some years now, I have been working as a freelance, collaborating with different media.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.