IBOV 177,118.69 ▼ 0.49% IPSA 11,002.99 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,890.85 — — USD/BRL5.08▲ 0.03% USD/MXN17.31— 0.00% USD/CLP924.63▼ 0.69% USD/COP3,228▲ 0.77% USD/PEN3.38▼ 0.34% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.13▲ 0.24% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.13% USD/TTD6.74▲ 0.40% EUR/BRL5.84▼ 0.35% BRENT 84.04 ▼ 6.75% WTI 79.78 ▼ 5.78% IRON ORE 161.91 — — COPPER 6.52 ▲ 1.29% GOLD 4,093 ▲ 1.08% SILVER 57.56 ▼ 0.06% SOY 1,190 ▲ 1.49% CORN 469.50 ▲ 6.52% WHEAT 649.00 ▲ 1.53% COFFEE 320.80 ▼ 3.40% SUGAR 14.91 ▲ 1.71% ORANGE JUICE 156.00 ▲ 0.68% COTTON 81.39 ▲ 1.11% COCOA 5,888 ▲ 9.10% BEEF 228.78 ▼ 1.28% CATTLE 346.33 ▼ 0.49% LITHIUM 69.17 ▼ 0.07% PETR4 42.96 ▼ 1.06% VALE3 74.28 ▼ 2.62% ITUB4 43.02 ▲ 0.35% BBDC4 18.47 ▲ 0.32% ABEV3 15.95 ▼ 0.25% BBAS3 21.24 ▼ 0.52% B3SA3 15.61 ▼ 0.76% WEGE3 47.75 ▲ 1.17% PRIO3 58.91 ▼ 3.19% SUZB3 43.28 ▼ 0.09% RENT3 37.79 ▲ 0.48% AZZA3 15.99 ▼ 2.62% CSAN3 4.09 ▲ 0.49% RAIZ4 0.25 ▼ 3.85% PCAR3 2.68 ▲ 3.47% GMAT3 3.99 ▼ 0.99% PSSA3 54.65 ▼ 0.09% CVCB3 1.36 ▲ 3.82% POSI3 3.54 ▼ 0.28% SLCE3 13.41 ▲ 0.22% NATU3 8.44 ▲ 0.72% BRKM5 5.94 ▼ 0.50% RANI3 8.23 ▲ 1.48% CSNA3 4.46 ▼ 7.85% CMIN3 5.65 ▼ 1.05% USIM5 7.45 ▲ 1.22% GGBR4 24.97 ▼ 0.04% ENEV3 26.71 ▲ 1.52% CPFE3 45.87 ▼ 0.59% CMIG4 11.19 ▼ 1.32% EQTL3 38.72 ▲ 0.16% LREN3 13.89 ▲ 2.13% VIVT3 32.36 ▼ 0.83% RAIL3 14.14 ▼ 2.08% KLABIN 18.19 ▼ 0.33% RAIA DROGASIL 18.55 ▲ 0.38% RDOR3 34.36 ▼ 0.81% HAPV3 11.61 ▲ 2.93% FLRY3 17.27 ▲ 0.76% SMTO3 14.55 ▲ 0.21% UGPA3 32.88 ▼ 0.51% VBBR3 36.06 ▲ 0.03% BBSE3 41.52 ▲ 0.63% BPAC11 56.92 ▲ 0.21% CURY3 31.04 ▲ 3.16% AERI3 2.17 ▲ 0.93% VIVARA 22.51 ▲ 1.49% COMPASS 24.71 ▼ 0.52% VAMOS 3.29 ▼ 1.50% SANB11 28.69 ▲ 0.24% ASAI3 8.48 ▼ 0.24% SBSP3 27.25 ▼ 1.62% WALMEX 50.23 ▼ 0.04% GMEXICO 210.87 ▲ 1.52% FEMSA 218.40 ▼ 1.38% CEMEX 20.65 ▲ 0.68% GFNORTE 198.81 ▼ 0.88% BIMBO 61.75 ▼ 0.34% TELEVISA 9.61 ▼ 2.04% AMX 21.74 ▼ 1.50% GAP 373.86 ▼ 0.71% ASUR 277.17 ▲ 0.56% OMA 229.77 ▼ 0.67% KOF 186.58 ▼ 0.36% GRUMA 261.48 ▲ 1.26% KIMBER 40.11 ▼ 0.22% SQM-B 62,126 ▼ 0.92% COPEC 6,303 ▼ 0.74% BSANTANDER 79.90 ▼ 1.35% FALABELLA 6,240 ▲ 0.39% ENELAM 87.77 ▼ 0.25% CENCOSUD 1,952 ▼ 0.15% CMPC 1,060 ▲ 0.47% BANCO CHILE 190.00 ▼ 1.92% LATAM AIR 25.26 ▲ 2.10% YPF 8,220 ▼ 0.84% GGAL 7,955 ▲ 0.93% PAMPA 5,510 ▼ 0.81% TXAR 656.00 ▼ 0.53% ALUAR 964.00 ▼ 1.38% TGS 9,975 ▼ 0.75% CEPU 2,378 ▼ 0.75% MIRGOR 16,150 ▼ 1.22% COME 43.50 ▼ 1.20% LOMA NEGRA 3,563 ▼ 1.59% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,410 ▲ 0.06% ECOPETROL 16.65 ▼ 0.75% BANCOLOMBIA 91.18 ▼ 1.45% GRUPO AVAL 5.27 ▼ 0.19% CREDICORP 399.77 ▼ 0.20% SOUTHERN COPPER 184.97 ▲ 1.24% BUENAVENTURA 30.15 ▼ 0.43% MERCADOLIBRE 1,890 ▲ 0.65% NUBANK 14.40 ▲ 0.49% XP 17.06 ▲ 0.00% PAGSEGURO 9.68 ▲ 0.36% STONE 11.28 ▼ 0.84% GLOBANT 37.03 ▲ 1.17% TECNOGLASS 45.21 ▲ 4.07% GAP AIRPORT 215.87 ▼ 0.68% ASUR 277.17 ▲ 0.56% OMA AIRPORT 105.71 ▼ 1.12% AMX ADR 25.06 ▼ 1.14% FEMSA ADR 125.64 ▼ 1.84% CEMEX ADR 11.90 ▲ 0.68% PETROBRAS ADR 19.15 ▼ 1.29% VALE ADR 14.55 ▼ 3.42% ITAU ADR 8.46 — 0.00% SANTANDER BR 5.70 ▲ 0.53% AMBEV ADR 3.10 ▼ 0.32% CSN 0.90 ▼ 9.17% GERDAU 4.94 ▼ 0.40% LATAM ADR 54.54 ▲ 3.37% BTC 63,675 ▲ 0.30% ETH 1,862 ▼ 1.07% SOL 73.59 ▲ 0.19% XRP 1.08 ▼ 0.06% BNB 592.08 ▲ 0.77% ADA 0.19 ▲ 2.98% DOGE 0.07 ▼ 0.37% AVAX 6.51 ▼ 0.48% LINK 8.24 ▼ 1.49% DOT 0.82 ▲ 3.29% LTC 44.31 ▼ 0.73% BCH 211.05 ▼ 0.69% TRX 0.33 ▲ 0.74% XLM 0.17 ▼ 1.57% HBAR 0.07 ▲ 0.26% NEAR 1.74 ▲ 1.66% ATOM 1.34 ▲ 5.94% AAVE 93.68 ▲ 1.83% SELIC 14.25% EMBRAER 89.54 ▲ 3.05% EMBRAER ADR 70.44 ▲ 3.08% JBS 13.91 ▼ 0.82% JBS BDR 70.62 ▼ 0.11% MBRF3 17.62 ▲ 0.46% MBRFY 3.42 ▼ 0.58% INTER 5.56 ▼ 0.80% EGX 54,094 ▼ 0.35% USD/ZAR16.53▼ 0.13% USD/NGN1,361▲ 0.07% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY156.99▼ 0.29% USD/CNY 6.7448 — 0.00% DAX 26,028 ▲ 1.56% CAC 8,624 ▲ 1.34% FTSE 10,838 ▼ 0.27% MIB 52,853 ▲ 1.30% IBEX 19,963 ▲ 0.91% STOXX 651.80 ▲ 0.40% EUR/USD1.15▼ 0.29% GBP/USD1.34▼ 0.42% SPX 7,575 ▲ 1.14% DJI 53,035 ▲ 1.05% NDX 28,611 ▲ 1.19% RUT 2,976 ▲ 1.53% TSX 35,226 ▼ 0.79% VIX 15.66 ▼ 2.06% USD/CAD1.40▲ 0.20% US10Y 4.6880 ▼ 1.20% IBOV 177,118.69 ▼ 0.49% IPSA 11,002.99 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,890.85 — — USD/BRL 5.08 ▲ 0.03% USD/MXN 17.31 ▲ 0.00% USD/CLP 925.08 ▼ 0.65% USD/COP 3,228 ▲ 0.77% USD/PEN 3.38 ▼ 0.34% USD/ARS 1,494 ▲ 0.57% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 58.13 ▲ 0.24% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.24% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.84 ▼ 0.35% BRENT 84.04 ▼ 6.75% WTI 79.78 ▼ 5.78% IRON ORE 161.91 — — COPPER 6.52 ▲ 1.29% GOLD 4,093 ▲ 1.08% SILVER 57.56 ▼ 0.06% SOY 1,190 ▲ 1.49% CORN 469.50 ▲ 6.52% WHEAT 649.00 ▲ 1.53% COFFEE 320.80 ▼ 3.40% SUGAR 14.91 ▲ 1.71% ORANGE JUICE 156.00 ▲ 0.68% COTTON 81.39 ▲ 1.11% COCOA 5,888 ▲ 9.10% BEEF 228.78 ▼ 1.28% CATTLE 346.33 ▼ 0.49% LITHIUM 69.17 ▼ 0.07% PETR4 42.96 ▼ 1.06% VALE3 74.28 ▼ 2.62% ITUB4 43.02 ▲ 0.35% BBDC4 18.47 ▲ 0.32% ABEV3 15.95 ▼ 0.25% BBAS3 21.24 ▼ 0.52% B3SA3 15.61 ▼ 0.76% WEGE3 47.75 ▲ 1.17% PRIO3 58.91 ▼ 3.19% SUZB3 43.28 ▼ 0.09% RENT3 37.79 ▲ 0.48% AZZA3 15.99 ▼ 2.62% CSAN3 4.09 ▲ 0.49% RAIZ4 0.25 ▼ 3.85% PCAR3 2.68 ▲ 3.47% GMAT3 3.99 ▼ 0.99% PSSA3 54.65 ▼ 0.09% CVCB3 1.36 ▲ 3.82% POSI3 3.54 ▼ 0.28% SLCE3 13.41 ▲ 0.22% NATU3 8.44 ▲ 0.72% BRKM5 5.94 ▼ 0.50% RANI3 8.23 ▲ 1.48% CSNA3 4.46 ▼ 7.85% CMIN3 5.65 ▼ 1.05% USIM5 7.45 ▲ 1.22% GGBR4 24.97 ▼ 0.04% ENEV3 26.71 ▲ 1.52% CPFE3 45.87 ▼ 0.59% CMIG4 11.19 ▼ 1.32% EQTL3 38.72 ▲ 0.16% LREN3 13.89 ▲ 2.13% VIVT3 32.36 ▼ 0.83% RAIL3 14.14 ▼ 2.08% KLABIN 18.19 ▼ 0.33% RAIA DROGASIL 18.55 ▲ 0.38% RDOR3 34.36 ▼ 0.81% HAPV3 11.61 ▲ 2.93% FLRY3 17.27 ▲ 0.76% SMTO3 14.55 ▲ 0.21% UGPA3 32.88 ▼ 0.51% VBBR3 36.06 ▲ 0.03% BBSE3 41.52 ▲ 0.63% BPAC11 56.92 ▲ 0.21% CURY3 31.04 ▲ 3.16% AERI3 2.17 ▲ 0.93% VIVARA 22.51 ▲ 1.49% COMPASS 24.71 ▼ 0.52% VAMOS 3.29 ▼ 1.50% SANB11 28.69 ▲ 0.24% ASAI3 8.48 ▼ 0.24% SBSP3 27.25 ▼ 1.62% WALMEX 50.23 ▼ 0.04% GMEXICO 210.87 ▲ 1.52% FEMSA 218.40 ▼ 1.38% CEMEX 20.65 ▲ 0.68% GFNORTE 198.81 ▼ 0.88% BIMBO 61.75 ▼ 0.34% TELEVISA 9.61 ▼ 2.04% AMX 21.74 ▼ 1.50% GAP 373.86 ▼ 0.71% ASUR 277.17 ▲ 0.56% OMA 229.77 ▼ 0.67% KOF 186.58 ▼ 0.36% GRUMA 261.48 ▲ 1.26% KIMBER 40.11 ▼ 0.22% SQM-B 62,126 ▼ 0.92% COPEC 6,303 ▼ 0.74% BSANTANDER 79.90 ▼ 1.35% FALABELLA 6,240 ▲ 0.39% ENELAM 87.77 ▼ 0.25% CENCOSUD 1,952 ▼ 0.15% CMPC 1,060 ▲ 0.47% BANCO CHILE 190.00 ▼ 1.92% LATAM AIR 25.26 ▲ 2.10% YPF 8,220 ▼ 0.84% GGAL 7,955 ▲ 0.93% PAMPA 5,510 ▼ 0.81% TXAR 656.00 ▼ 0.53% ALUAR 964.00 ▼ 1.38% TGS 9,975 ▼ 0.75% CEPU 2,378 ▼ 0.75% MIRGOR 16,150 ▼ 1.22% COME 43.50 ▼ 1.20% LOMA NEGRA 3,563 ▼ 1.59% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,410 ▲ 0.06% ECOPETROL 16.65 ▼ 0.75% BANCOLOMBIA 91.18 ▼ 1.45% GRUPO AVAL 5.27 ▼ 0.19% CREDICORP 399.77 ▼ 0.20% SOUTHERN COPPER 184.97 ▲ 1.24% BUENAVENTURA 30.15 ▼ 0.43% MERCADOLIBRE 1,890 ▲ 0.65% NUBANK 14.40 ▲ 0.49% XP 17.06 ▲ 0.00% PAGSEGURO 9.68 ▲ 0.36% STONE 11.28 ▼ 0.84% GLOBANT 37.03 ▲ 1.17% TECNOGLASS 45.21 ▲ 4.07% GAP AIRPORT 215.87 ▼ 0.68% ASUR 277.17 ▲ 0.56% OMA AIRPORT 105.71 ▼ 1.12% AMX ADR 25.06 ▼ 1.14% FEMSA ADR 125.64 ▼ 1.84% CEMEX ADR 11.90 ▲ 0.68% PETROBRAS ADR 19.15 ▼ 1.29% VALE ADR 14.55 ▼ 3.42% ITAU ADR 8.46 — 0.00% SANTANDER BR 5.70 ▲ 0.53% AMBEV ADR 3.10 ▼ 0.32% CSN 0.90 ▼ 9.17% GERDAU 4.94 ▼ 0.40% LATAM ADR 54.54 ▲ 3.37% BTC 63,675 ▲ 0.30% ETH 1,862 ▼ 1.07% SOL 73.59 ▲ 0.19% XRP 1.08 ▼ 0.06% BNB 592.08 ▲ 0.77% ADA 0.19 ▲ 2.98% DOGE 0.07 ▼ 0.37% AVAX 6.51 ▼ 0.48% LINK 8.24 ▼ 1.49% DOT 0.82 ▲ 3.29% LTC 44.31 ▼ 0.73% BCH 211.05 ▼ 0.69% TRX 0.33 ▲ 0.74% XLM 0.17 ▼ 1.57% HBAR 0.07 ▲ 0.26% NEAR 1.74 ▲ 1.66% ATOM 1.34 ▲ 5.94% AAVE 93.68 ▲ 1.83% SELIC 14.25% EMBRAER 89.54 ▲ 3.05% EMBRAER ADR 70.44 ▲ 3.08% JBS 13.91 ▼ 0.82% JBS BDR 70.62 ▼ 0.11% MBRF3 17.62 ▲ 0.46% MBRFY 3.42 ▼ 0.58% INTER 5.56 ▼ 0.80% EGX 54,094 ▼ 0.35% USD/ZAR 16.54 ▼ 0.05% USD/NGN 1,361 ▼ 0.23% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY 156.77 ▼ 0.40% USD/CNY 6.7448 — 0.00% DAX 26,028 ▲ 1.56% CAC 8,624 ▲ 1.34% FTSE 10,838 ▼ 0.27% MIB 52,853 ▲ 1.30% IBEX 19,963 ▲ 0.91% STOXX 651.80 ▲ 0.40% EUR/USD 1.1507 ▼ 0.17% GBP/USD 1.3424 ▼ 0.47% SPX 7,575 ▲ 1.14% DJI 53,035 ▲ 1.05% NDX 28,611 ▲ 1.19% RUT 2,976 ▲ 1.53% TSX 35,226 ▼ 0.79% VIX 15.66 ▼ 2.06% USD/CAD 1.4045 ▲ 0.20% US10Y 4.6880 ▼ 1.20%
since 2009
Monday, August 3, 2026

Argentine President Defends Emergency Package: “It Only Asks the Privileged to Contribute More”

By · December 25, 2019 · 4 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.

RIO DE JANEIRO, BRAZIL – President Alberto Fernandez said on Tuesday, December 24th, that during Christmas celebration he would toast “for everyone”, but first to “those who are hurting, so that they will stop hurting” and said that his greatest wish is “that we will stop bleeding as a society and start moving forward hand in hand”.

The head of state celebrated the passing of the Solidarity and Productive Reactivation Law and called “for an effort” to end “the hypocritical Argentina” in which “every day bad news is made up or promoted to generate a bad feeling”.

The President said that tonight he would toast “so that we have a fairer Argentina without hunger”. (Photo: Internet Reproduction)
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 →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

“What I most wish is that we stop bleeding as a society and start moving forward hand in hand,” said the President in an interview with AM 750 radio, in which he said that he would make a toast so that “we will all be better off in Argentina so that each one in his or her place will find a better perspective, a better future”.

“I toast so that we have a fairer Argentina, without hungry people, with jobs for everyone, where businessmen invest and profit, where speculators lose space, for the good men and women who are the immense majority of Argentines,” said the Head of State.

On the other hand, he said that “the most complex thing” is to end with “hypocritical Argentina”, the one that “complains about the gap yet increases the gap every day” and that, he assured, “is the Argentina that says why don’t they look at things objectively and every day they make up or promote bad news to generate bad feelings”.

“This is very painful, because one makes an enormous effort to end it and there are times when one feels very lonely, one feels alone in this effort”, he said.

Along these lines, the president said that “we all have to help the most impoverished, because they are the ones who need it the most” and valued the Solidarity and Productive Reactivation Law passed by Congress, which “only asks those who have privileges”, among which he named energy companies, exporters and citizens with greater assets, “to contribute a little more to protect the neglected sectors”.

“We are pouring 100 billion pesos into the most disadvantaged sectors, the hungriest in Argentina, we are doing everything necessary so that it does not lead to a price hike, we are agreeing with trade unionists, with businessmen, with the rural areas, so that all this becomes a virtuous circle,” said the President.

However, he regretted that “it seems that I have issued an adjustment law” and noted that “all this became news stating that pensioners’ pay had been frozen,” despite the fact that in December and January there will be a bonus for the lowest pensions and in March there will be a raise for all.

“They fill us up with untrue notions that lead to great damage,” said Fernandez, who also said he was upset with “the fact that they said we tied all this up as a formality” when, in reality, they took “many of the things that the opposition told us to correct”.

“It’s very sad to see that. Let’s hope we correct it,” lamented the President.

Asked about the Chilean government’s claim, following his statements on the internal conflict in that country, he said he had spoken to Foreign Minister Felipe Solá so that he could contact his Chilean counterpart and clarify that he had not issued “any judgment on the internal situation in Chile”.

“What I most wish is that we stop bleeding as a society and start moving forward hand in hand,” said the President. (Photo: Internet Reproduction)

“The only thing I pointed out to a journalist who was interviewing me, was that I was very concerned with the situation in Venezuela and not with what was happening in other places in the world where, in some sense, similar to those in Venezuela,” said the President, who remarked: “I am aware that Chile is not the same as Venezuela”.

In this regard, he recalled that in 2013 he hosted human rights organizations for the detention of 800 people in Venezuela after a demonstration, which “was a national scandal in Argentina”.

“In Chile, there is a demonstration and thousands of people are arrested, rightly or wrongly, I don’t get involved in that issue, I don’t get involved, because that would be getting involved in internal situations, but the Argentinean press won’t say anything. We should measure everything according to the same standards because otherwise, it is not fair,” Fernandez urged.

And he added: “My comment was in no way an act of interference in Chile, but a complaint against the journalist who was interviewing me”.

“I love Chile, I have many Chilean friends. Despite my ideological differences, I have a very good relationship and respect for President (Sebastián) Piñera,” he said.

Source: Infobae

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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.