IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL5.11▼ 0.17% USD/MXN17.46▼ 0.49% USD/CLP923.90▼ 0.41% USD/COP3,247▼ 2.86% USD/PEN3.39▼ 0.31% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.07▲ 0.80% USD/TTD6.75▲ 1.32% EUR/BRL5.83▼ 1.07% BRENT 76.00 ▼ 0.39% WTI 71.51 ▼ 0.79% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.13% GOLD 4,129 ▼ 0.04% SILVER 60.30 ▼ 0.13% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.10 ▲ 0.30% TELEVISA 9.73 ▲ 2.53% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 181.73 ▲ 0.46% GRUMA 282.99 ▲ 0.14% KIMBER 38.07 ▼ 0.96% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,245 ▲ 3.03% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 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SILVER 60.30 ▼ 0.13% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.10 ▲ 0.30% TELEVISA 9.73 ▲ 2.53% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 181.73 ▲ 0.46% GRUMA 282.99 ▲ 0.14% KIMBER 38.07 ▼ 0.96% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,245 ▲ 3.03% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,998 ▲ 1.27% ETH 1,794 ▲ 2.86% SOL 77.97 ▼ 0.10% XRP 1.10 ▲ 1.04% BNB 575.99 ▲ 1.32% ADA 0.17 ▲ 0.17% DOGE 0.07 ▲ 1.75% AVAX 6.75 ▲ 1.00% LINK 7.94 ▲ 2.70% DOT 0.88 ▲ 6.78% LTC 44.60 ▲ 1.91% BCH 246.42 ▲ 3.64% TRX 0.33 ▼ 0.50% XLM 0.19 ▲ 1.98% HBAR 0.07 ▲ 0.20% NEAR 1.88 ▼ 1.79% ATOM 1.59 ▲ 2.79% AAVE 96.88 ▲ 6.16% 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Friday, July 10, 2026

The Age of the Convicted Ex-President: Seoul Joins a Global Reckoning

By · July 10, 2026 · 4 min read

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Rio Times · Analysis

Key Facts

Seoul South Korea’s Supreme Court upheld Yoon Suk-yeol’s seven-year prison sentence for his 2024 martial-law bid.

Peru Four former Peruvian presidents are currently serving time in Lima’s Barbadillo prison, with a fifth facing decades more.

Brazil Jair Bolsonaro was sentenced to 27 years for plotting a coup after his 2022 election defeat.

Colombia Álvaro Uribe was sentenced to 12 years of house arrest for procedural fraud and witness tampering.

Ecuador Rafael Correa remains in exile in Belgium after being convicted in a bribery case.

The gap North Korea’s Kim Jong Un and Cameroon’s Paul Biya show how unevenly accountability is still applied.

*From Seoul to São Paulo, the world’s courts delivered the same blunt verdict this week: no president is above the law any more — except, in a few stubborn corners of the map, where they still are.*

The Age of the Convicted Ex-President: Seoul Joins a Global Reckoning
The Age of the Convicted Ex-President: Seoul Joins a Global Reckoning (Photo internet reproduction)
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A Verdict in Seoul, A Pattern That Keeps Repeating

This week’s ruling in Seoul is not really a Korean story. It just happens to be the one making headlines out of Asia today.

Strip away the country and the constitution, and it becomes something readers in São Paulo, Bogotá and Lima will recognise instantly: a former head of state, once untouchable, now formally a criminal. South Korea’s Supreme Court upheld a seven-year prison sentence for Yoon Suk Yeol this week, closing the first of several criminal cases stemming from his brief attempt to impose martial law.

South Korea’s Supreme Court on Thursday upheld a seven-year prison sentence for former President Yoon Suk Yeol in the first case to reach the country’s highest court from his several criminal trials related to his brief imposition of martial law in 2024.

It is a tidy, procedural sentence. It is also part of a much bigger global story that runs straight through Latin America, the region that pioneered the modern art of prosecuting ex-leaders.

This is the region still writing the rulebook on presidential accountability, and Seoul’s verdict simply confirms the practice is spreading. For The Rio Times, that makes this the must-read pattern of the day.

The question worth asking is not why Yoon was convicted, but why so many of his counterparts across the Pacific, and across the Atlantic, are ending their careers in the dock rather than in quiet retirement.

Korea’s Long Wait for Closure

Yoon’s fall was swift and dramatic even by the standards of a country used to political drama. He declared martial law in December 2024, deployed troops to the National Assembly, and was gone from office within weeks.

The court’s reasoning this week went well beyond the original declaration itself. The court upheld an April ruling by the Seoul High Court that found Yoon guilty of infringing on Cabinet members’ right to deliberate before he declared martial law, falsifying the official proclamation to cover up the lapse before later destroying the document, and deploying presidential security forces to illegally resist law enforcement efforts to arrest him weeks after his impeachment.

Commuters gathered around screens at Seoul’s railway station to watch the ruling broadcast live, a small but telling ritual of a nation needing this chapter closed.

What makes the Korean case notable is the speed and totality of the institutional response. Martial law lasted only hours before lawmakers broke through a blockade of heavily armed soldiers and police at Seoul’s National Assembly to vote it down.

Korea shows a democracy’s institutions working exactly as designed under pressure, a template Latin America knows painfully well from its own recent history.

Peru: The Prison Built for Presidents

Nowhere has this pattern gone further than Peru, where accountability for ex-leaders is no longer an event but a fixture of the political landscape.

The numbers alone tell the story. In Peru, no fewer than four former presidents are currently serving time in Lima’s Barbadillo prison, a single facility that has become a kind of living monument to unaccountable power finally answering for itself.

That prison’s population keeps growing. It is serving his sentence in the same prison holding Toledo and former President Pedro Castillo, who is facing what could be a 34-year prison sentence for his 2022 attempt to dissolve Congress.

The same prison also housed late Alberto Fujimori, former Peruvian president who was imprisoned until his release in 2023.

Alejandro Toledo’s case shows how far back the reckoning reaches. In October 2024, Toledo was sentenced to 20 years and six months in prison for accepting $35 million in bribes from the construction firm Odebrecht.

Toledo, a 78-year-old economist who holds a doctorate from Stanford University, governed the nation between 2001 and 2006.

This is structural, not incidental. Since the turn of the millennium, no fewer than seven presidents have been brought to trial or faced legal challenges relating to allegations of corruption or human rights abuses, while an eighth shot himself dead when police were closing in.

Francisco Sagasti and Valentín Paniagua are the exceptions.

Brazil’s Reckoning: Twenty-Seven Years for a Coup

If Peru shows what happens when accountability becomes routine, Brazil shows what happens when it finally arrives after decades of institutional caution.

The scale of the sentence stunned even hardened court-watchers. The latest to join this list is Jair Bolsonaro, who was sentenced to 27 years in prison by Braz

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