IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.08▼ 0.30% USD/MXN17.39▼ 0.22% USD/CLP933.44▼ 0.11% USD/COP3,236▼ 1.01% USD/PEN3.39▲ 0.11% USD/ARS1,477▼ 0.30% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.11% BRENT 91.01 ▲ 2.01% WTI 84.25 ▲ 1.23% IRON ORE 161.91 — — COPPER 6.56 ▲ 4.19% GOLD 4,081 ▲ 1.77% SILVER 59.36 ▲ 4.49% SOY 1,222 ▼ 0.37% CORN 473.75 ▲ 5.39% WHEAT 672.50 ▼ 0.22% COFFEE 321.95 ▼ 3.72% SUGAR 14.97 ▲ 1.01% ORANGE JUICE 146.05 ▼ 0.92% COTTON 80.03 ▲ 3.44% COCOA 5,594 ▲ 1.34% BEEF 222.85 ▼ 1.62% CATTLE 344.40 ▼ 2.16% LITHIUM 69.35 ▲ 3.62% PETR4 41.51 ▲ 0.87% VALE3 72.28 ▲ 0.49% ITUB4 42.43 ▲ 0.31% BBDC4 18.42 ▲ 0.05% ABEV3 15.80 ▲ 0.06% BBAS3 20.58 ▲ 2.03% B3SA3 15.00 ▼ 1.70% WEGE3 42.91 ▼ 0.51% PRIO3 58.53 ▲ 1.46% SUZB3 41.93 ▲ 0.10% RENT3 36.66 ▼ 2.21% AZZA3 17.81 ▼ 1.98% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.82 ▼ 0.78% PSSA3 53.30 ▼ 1.66% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.65 ▲ 0.59% NATU3 8.67 ▲ 0.46% BRKM5 5.92 ▼ 0.34% RANI3 7.87 ▼ 1.50% CSNA3 5.12 ▲ 0.99% CMIN3 5.47 ▲ 1.48% USIM5 8.32 ▲ 1.96% GGBR4 23.67 ▲ 0.21% ENEV3 25.32 ▼ 1.29% CPFE3 46.28 ▼ 0.09% CMIG4 10.97 ▼ 0.45% EQTL3 38.41 ▼ 2.24% LREN3 13.23 ▼ 0.60% VIVT3 35.46 ▼ 0.59% RAIL3 13.28 ▼ 2.14% KLABIN 17.44 ▼ 0.23% RAIA DROGASIL 18.48 ▼ 1.12% RDOR3 33.20 ▼ 6.35% HAPV3 11.32 ▼ 1.99% FLRY3 16.36 ▼ 1.21% SMTO3 15.45 ▲ 0.26% UGPA3 31.44 ▼ 0.82% VBBR3 33.37 ▼ 2.17% BBSE3 41.06 ▲ 0.02% BPAC11 55.37 ▼ 0.84% CURY3 29.56 ▼ 2.09% AERI3 2.06 ▼ 0.48% VIVARA 21.42 ▼ 2.46% COMPASS 24.31 ▼ 1.18% VAMOS 3.13 ▲ 1.29% SANB11 27.35 ▲ 1.26% ASAI3 8.19 ▲ 0.61% SBSP3 28.47 ▼ 1.76% WALMEX 49.38 — 0.00% GMEXICO 205.49 ▲ 2.32% FEMSA 227.70 ▲ 0.32% CEMEX 21.95 ▲ 0.32% GFNORTE 183.48 ▲ 1.93% BIMBO 59.27 ▼ 0.39% TELEVISA 9.83 ▲ 1.24% AMX 22.71 ▼ 0.13% GAP 378.00 ▼ 0.05% ASUR 273.40 ▼ 0.35% OMA 225.65 ▼ 0.35% KOF 181.41 ▲ 0.33% GRUMA 287.04 ▼ 0.19% KIMBER 38.16 ▼ 0.60% SQM-B 64,800 ▲ 2.66% COPEC 6,370 ▲ 2.74% BSANTANDER 78.85 ▲ 3.63% FALABELLA 5,885 ▲ 0.17% ENELAM 84.63 ▲ 0.62% CENCOSUD 2,013 ▲ 0.89% CMPC 1,078 ▲ 1.14% BANCO CHILE 189.98 ▲ 1.87% LATAM AIR 24.54 ▲ 0.53% YPF 80,625 ▲ 1.80% GGAL 7,995 ▲ 1.91% PAMPA 5,470 ▲ 3.80% TXAR 667.00 ▼ 0.52% ALUAR 967.50 ▲ 0.83% TGS 9,625 ▲ 1.32% CEPU 2,324 ▲ 1.53% MIRGOR 16,875 ▼ 1.46% COME 43.11 ▲ 0.37% LOMA NEGRA 3,640 ▲ 1.89% BYMA 293.75 — 0.00% TELECOM ARG 4,185 ▲ 0.97% ECOPETROL 16.58 ▲ 3.43% BANCOLOMBIA 82.66 ▲ 2.28% GRUPO AVAL 4.97 ▲ 0.33% CREDICORP 394.97 ▲ 2.10% SOUTHERN COPPER 184.48 ▲ 5.38% BUENAVENTURA 31.20 ▲ 3.79% MERCADOLIBRE 1,809 ▼ 1.27% NUBANK 14.23 ▲ 1.68% XP 16.61 ▼ 1.16% PAGSEGURO 9.44 ▲ 1.61% STONE 11.12 ▼ 0.05% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.72 ▼ 0.85% GAP AIRPORT 217.84 ▲ 0.33% ASUR 273.40 ▼ 0.35% OMA AIRPORT 103.98 ▼ 0.03% AMX ADR 26.08 ▼ 0.10% FEMSA ADR 131.18 ▲ 0.90% CEMEX ADR 12.66 ▲ 1.32% PETROBRAS ADR 18.40 ▲ 1.13% VALE ADR 14.23 ▲ 0.92% ITAU ADR 8.36 ▲ 0.42% SANTANDER BR 5.41 ▲ 0.65% AMBEV ADR 3.09 ▲ 0.32% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% LATAM ADR 52.64 ▲ 1.74% BTC 66,484 ▲ 1.92% ETH 1,923 ▲ 0.99% SOL 77.97 ▲ 0.23% XRP 1.15 ▲ 3.37% BNB 574.03 ▲ 0.58% ADA 0.17 ▲ 2.19% DOGE 0.07 ▲ 1.54% AVAX 6.62 ▲ 0.67% LINK 8.66 ▲ 0.88% DOT 0.85 ▲ 3.13% LTC 47.66 ▲ 0.68% BCH 225.08 ▲ 2.35% TRX 0.33 ▲ 0.60% XLM 0.19 ▲ 2.60% HBAR 0.07 ▲ 2.69% NEAR 1.94 ▼ 2.05% ATOM 1.49 ▼ 0.14% AAVE 95.64 ▲ 6.53% SELIC 14.25% EMBRAER 83.02 ▼ 0.32% EMBRAER ADR 65.53 ▼ 0.61% JBS 11.85 ▼ 1.54% JBS BDR 60.04 ▼ 1.23% MBRF3 15.21 ▲ 4.75% MBRFY 2.99 ▲ 2.75% INTER 5.57 ▼ 0.89% IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.08 ▼ 0.30% USD/MXN 17.39 ▼ 0.24% USD/CLP 933.66 ▼ 0.09% USD/COP 3,239 ▼ 0.92% USD/PEN 3.39 ▲ 0.08% USD/ARS 1,477 ▼ 0.30% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.11% BRENT 91.01 ▲ 2.01% WTI 84.25 ▲ 1.23% IRON ORE 161.91 — — COPPER 6.56 ▲ 4.19% GOLD 4,081 ▲ 1.77% SILVER 59.36 ▲ 4.49% SOY 1,222 ▼ 0.37% CORN 473.75 ▲ 5.39% WHEAT 672.50 ▼ 0.22% COFFEE 321.95 ▼ 3.72% SUGAR 14.97 ▲ 1.01% ORANGE JUICE 146.05 ▼ 0.92% COTTON 80.03 ▲ 3.44% COCOA 5,594 ▲ 1.34% BEEF 222.85 ▼ 1.62% CATTLE 344.40 ▼ 2.16% LITHIUM 69.35 ▲ 3.62% PETR4 41.51 ▲ 0.87% VALE3 72.28 ▲ 0.49% ITUB4 42.43 ▲ 0.31% BBDC4 18.42 ▲ 0.05% ABEV3 15.80 ▲ 0.06% BBAS3 20.58 ▲ 2.03% B3SA3 15.00 ▼ 1.70% WEGE3 42.91 ▼ 0.51% PRIO3 58.53 ▲ 1.46% SUZB3 41.93 ▲ 0.10% RENT3 36.66 ▼ 2.21% AZZA3 17.81 ▼ 1.98% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.82 ▼ 0.78% PSSA3 53.30 ▼ 1.66% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.65 ▲ 0.59% NATU3 8.67 ▲ 0.46% BRKM5 5.92 ▼ 0.34% RANI3 7.87 ▼ 1.50% CSNA3 5.12 ▲ 0.99% CMIN3 5.47 ▲ 1.48% USIM5 8.32 ▲ 1.96% GGBR4 23.67 ▲ 0.21% ENEV3 25.32 ▼ 1.29% CPFE3 46.28 ▼ 0.09% CMIG4 10.97 ▼ 0.45% EQTL3 38.41 ▼ 2.24% LREN3 13.23 ▼ 0.60% VIVT3 35.46 ▼ 0.59% RAIL3 13.28 ▼ 2.14% KLABIN 17.44 ▼ 0.23% RAIA DROGASIL 18.48 ▼ 1.12% RDOR3 33.20 ▼ 6.35% HAPV3 11.32 ▼ 1.99% FLRY3 16.36 ▼ 1.21% SMTO3 15.45 ▲ 0.26% UGPA3 31.44 ▼ 0.82% VBBR3 33.37 ▼ 2.17% BBSE3 41.06 ▲ 0.02% BPAC11 55.37 ▼ 0.84% CURY3 29.56 ▼ 2.09% AERI3 2.06 ▼ 0.48% VIVARA 21.42 ▼ 2.46% COMPASS 24.31 ▼ 1.18% VAMOS 3.13 ▲ 1.29% SANB11 27.35 ▲ 1.26% ASAI3 8.19 ▲ 0.61% SBSP3 28.47 ▼ 1.76% WALMEX 49.38 — 0.00% GMEXICO 205.49 ▲ 2.32% FEMSA 227.70 ▲ 0.32% CEMEX 21.95 ▲ 0.32% GFNORTE 183.48 ▲ 1.93% BIMBO 59.27 ▼ 0.39% TELEVISA 9.83 ▲ 1.24% AMX 22.71 ▼ 0.13% GAP 378.00 ▼ 0.05% ASUR 273.40 ▼ 0.35% OMA 225.65 ▼ 0.35% KOF 181.41 ▲ 0.33% GRUMA 287.04 ▼ 0.19% KIMBER 38.16 ▼ 0.60% SQM-B 64,800 ▲ 2.66% COPEC 6,370 ▲ 2.74% BSANTANDER 78.85 ▲ 3.63% FALABELLA 5,885 ▲ 0.17% ENELAM 84.63 ▲ 0.62% CENCOSUD 2,013 ▲ 0.89% CMPC 1,078 ▲ 1.14% BANCO CHILE 189.98 ▲ 1.87% LATAM AIR 24.54 ▲ 0.53% YPF 80,625 ▲ 1.80% GGAL 7,995 ▲ 1.91% PAMPA 5,470 ▲ 3.80% TXAR 667.00 ▼ 0.52% ALUAR 967.50 ▲ 0.83% TGS 9,625 ▲ 1.32% CEPU 2,324 ▲ 1.53% MIRGOR 16,875 ▼ 1.46% COME 43.11 ▲ 0.37% LOMA NEGRA 3,640 ▲ 1.89% BYMA 293.75 — 0.00% TELECOM ARG 4,185 ▲ 0.97% ECOPETROL 16.58 ▲ 3.43% BANCOLOMBIA 82.66 ▲ 2.28% GRUPO AVAL 4.97 ▲ 0.33% CREDICORP 394.97 ▲ 2.10% SOUTHERN COPPER 184.48 ▲ 5.38% BUENAVENTURA 31.20 ▲ 3.79% MERCADOLIBRE 1,809 ▼ 1.27% NUBANK 14.23 ▲ 1.68% XP 16.61 ▼ 1.16% PAGSEGURO 9.44 ▲ 1.61% STONE 11.12 ▼ 0.05% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.72 ▼ 0.85% GAP AIRPORT 217.84 ▲ 0.33% ASUR 273.40 ▼ 0.35% OMA AIRPORT 103.98 ▼ 0.03% AMX ADR 26.08 ▼ 0.10% FEMSA ADR 131.18 ▲ 0.90% CEMEX ADR 12.66 ▲ 1.32% PETROBRAS ADR 18.40 ▲ 1.13% VALE ADR 14.23 ▲ 0.92% ITAU ADR 8.36 ▲ 0.42% SANTANDER BR 5.41 ▲ 0.65% AMBEV ADR 3.09 ▲ 0.32% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% LATAM ADR 52.64 ▲ 1.74% BTC 66,484 ▲ 1.92% ETH 1,923 ▲ 0.99% SOL 77.97 ▲ 0.23% XRP 1.15 ▲ 3.37% BNB 574.03 ▲ 0.58% ADA 0.17 ▲ 2.19% DOGE 0.07 ▲ 1.54% AVAX 6.62 ▲ 0.67% LINK 8.66 ▲ 0.88% DOT 0.85 ▲ 3.13% LTC 47.66 ▲ 0.68% BCH 225.08 ▲ 2.35% TRX 0.33 ▲ 0.60% XLM 0.19 ▲ 2.60% HBAR 0.07 ▲ 2.69% NEAR 1.94 ▼ 2.05% ATOM 1.49 ▼ 0.14% AAVE 95.64 ▲ 6.53% SELIC 14.25% EMBRAER 83.02 ▼ 0.32% EMBRAER ADR 65.53 ▼ 0.61% JBS 11.85 ▼ 1.54% JBS BDR 60.04 ▼ 1.23% MBRF3 15.21 ▲ 4.75% MBRFY 2.99 ▲ 2.75% INTER 5.57 ▼ 0.89%
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Europe and Russia North America

With the House Leader gone, U.S. aid to Ukraine is in doubt

By · October 5, 2023 · 2 min read

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At a summit in Granada, Spain, European leaders and Ukrainian President Volodymyr Zelensky discussed concerns about U.S. aid to Ukraine.

Meanwhile, Washington is in political turmoil.

Two key leaders skipped the European Political Community (EPC) summit in Granada, Spain: Azerbaijan’s President Ilham Aliyev and Turkey’s Recep Tayyip Erdogan.

Their absence hindered talks on the Nagorno-Karabakh region. Josep Borrell, the EU’s top diplomat, made it clear. Europe can’t replace U.S. aid to Ukraine.

Washington’s internal issues add to the uncertainty. House Republican Leader Kevin McCarthy lost his position.

With the House Leader gone, U.S. aid to Ukraine is in doubt. (Photo Internet reproduction)
With the House Leader gone, U.S. aid to Ukraine is in doubt. (Photo Internet reproduction)
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Thus, the fate of American financial aid to Ukraine hangs in the balance. The White House warns that U.S. support could dwindle in a few months without new funds.

President Joe Biden expressed his worries. Yet, he vowed to continue backing Ukraine both militarily and financially.

Migration was another key topic at the summit. UK Prime Minister Rishi Sunak and Italian counterpart Giorgia Meloni found it particularly relevant.

The EU recently struck a deal for a unified migration response, seen as a major milestone.

Sébastien Maillard of the Jacques Delors Institute weighed in. Erdogan’s second consecutive absence weakens the EPC.

Particularly, the EPC aims to engage Turkey, whose EU membership is on hold.

Lastly, Italy and the UK are pushing for quick migration solutions. They plan to unveil a joint action to address the issue.

Background U.S. financial aid to Ukraine

Adding to the situation’s complexity, the summit unfolded amid heightened tensions in Eastern Europe.

Meanwhile, Russia’s increasing military activity adds another layer of concern.

Earlier summits didn’t focus much on U.S. involvement, but this year, it’s a hot topic.

Contrastingly, past European meetings often centered around trade and regulations. This shift underscores Europe’s changing geopolitical landscape.

While the U.S. remains a major player, its internal politics are causing jitters among allies.

The crisis in Washington adds an extra layer of uncertainty to already fragile global alliances.

Across the Atlantic, American lawmakers also face a ticking clock to sustain Ukraine aid.

This presents a stark contrast to the European Union’s multi-year financial commitments.

Ultimately, the summit’s main takeaway is a collective realization of Europe’s growing role in maintaining geopolitical balance.

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