IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.05% USD/MXN18.59▼ 0.19% USD/CLP983.58▼ 0.07% USD/COP3,299▲ 0.75% USD/PEN3.41▲ 0.04% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.48% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.46▲ 0.10% USD/CRC445.62▲ 1.58% USD/GTQ7.64▲ 3.18% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.30% EUR/BRL6.22▲ 0.75% BRENT 93.15 ▲ 1.81% WTI 87.02 ▲ 1.14% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.33% GOLD 4,058 ▲ 0.68% SILVER 52.93 ▲ 3.57% SOY 1,225 — 0.00% CORN 447.25 ▼ 0.39% WHEAT 600.25 ▲ 1.27% COFFEE 264.90 ▼ 2.39% SUGAR 18.19 ▲ 0.55% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,855 ▲ 2.38% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.05% USD/MXN 18.58 ▼ 0.24% USD/CLP 983.58 ▼ 0.07% USD/COP 3,299 ▲ 0.75% USD/PEN 3.41 ▲ 0.04% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.46 ▲ 0.10% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▲ 0.14% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.22 ▲ 0.75% BRENT 93.15 ▲ 1.81% WTI 87.02 ▲ 1.14% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.33% GOLD 4,058 ▲ 0.68% SILVER 52.93 ▲ 3.57% SOY 1,225 — 0.00% CORN 447.25 ▼ 0.39% WHEAT 600.25 ▲ 1.27% COFFEE 264.90 ▼ 2.39% SUGAR 18.19 ▲ 0.55% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,855 ▲ 2.38% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
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Wednesday, November 11, 2026

Argentina Politics - Brazil

Five Argentine ministers tender their resignations after electoral defeat

By · · 3 min read

RIO DE JANEIRO, BRAZIL – On Wednesday, September 15, five Argentine cabinet ministers submitted their resignations to the country’s President, Alberto Fernández, in view of the resounding electoral defeat of the ruling party in the legislative primary elections last Sunday.

Those who resigned are the Minister of the Interior, Eduardo “Wado” de Pedro; the Minister of Science and Technology, Roberto Salvarezza; the Minister of Environment, Juan Cabandié; the Minister of Territorial Development and Habitat, Jorge Ferraresi; and the Minister of Culture, Tristan Bauer. All of them are considered part of the Kirchnerist wing of Peronism, led by the former President and current Vice-President, Cristina Fernández.

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The first to publicly announce his resignation was “Wado” de Pedro, who addressed a letter to the Head of State expressing the reasons for his decision.

Five Argentine ministers tender their resignations after electoral defeat
The first to publicly announce his resignation as Minister of Interior “Wado” de Pedro, who addressed a letter to the Head of State expressing the reasons for his decision
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“Listening to your words on Sunday night, where you raised the need to interpret the verdict expressed by the Argentine people, I have considered that the best way to collaborate with that task is to place my resignation at your disposal,” he said in the missive distributed to the media.

After this request of the Minister of the Interior, new resignations began to be confirmed within the presidential cabinet, which according to the head of Territorial Development and Habitat, Jorge Ferrari, were communicated last Monday.

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“On Monday by word of mouth we spoke with the president and in one way or another all the ministers resigned,” Ferraresi assured in a dialogue with Radio con Vos, where he tried to play down the importance of these announcements.

“What must be said is that one’s resignation is signed from the day they assume, the renewal of our management is day by day. Some did it in writing, others did it by word of mouth, but all the ministers had the attitude of communicating to the president that he had our space if he considered so”, he said.

It is still unknown whether or not the President will accept these resignations.

The first elections with Fernández as president were deemed by analysts as a plebiscite on his mandate – marked by the management of the pandemic and the continuity of the recession that began in 2018 – and to rearrange the opposition given the 2023 presidential elections.

According to the provisional count of this Sunday’s elections, the lists of pre-candidates for deputies of the ruling Frente de Todos were the most voted in only 7 of the 24 jurisdictions, compared to the 14 in which the opposition Juntos por el Cambio was the most popular force. At the same time, the Government, with its proposals for the Senate, led in only 2 of the 8 provinces at stake.

Next November 14, 127 of the 257 seats in the Chamber of Deputies will be disputed – no group now has an absolute majority – and 24 of the 72 seats in the Senate, dominated by the ruling party.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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