IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL5.09▲ 0.28% USD/MXN17.34▲ 0.16% USD/CLP924.79▼ 0.68% USD/COP3,235▲ 1.01% USD/PEN3.39▼ 0.08% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.00▲ 0.02% 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/BRL5.85▼ 0.14% BRENT 83.81 ▼ 7.00% WTI 80.19 ▼ 5.29% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.39% GOLD 4,086 ▲ 0.91% SILVER 57.83 ▲ 0.41% SOY 1,194 ▲ 1.83% CORN 471.75 ▲ 7.03% WHEAT 652.75 ▲ 2.11% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 158.50 ▲ 2.29% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 226.78 ▼ 2.15% CATTLE 342.55 ▼ 1.57% LITHIUM 69.29 ▲ 0.10% PETR4 42.83 ▼ 1.36% VALE3 74.53 ▼ 2.29% ITUB4 43.03 ▲ 0.37% BBDC4 18.51 ▲ 0.54% ABEV3 15.85 ▼ 0.88% BBAS3 21.30 ▼ 0.23% B3SA3 15.65 ▼ 0.51% WEGE3 48.17 ▲ 2.06% PRIO3 58.59 ▼ 3.71% SUZB3 43.41 ▲ 0.21% RENT3 38.05 ▲ 1.17% AZZA3 16.22 ▼ 1.22% CSAN3 4.08 ▲ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.69 ▲ 3.86% GMAT3 3.99 ▼ 0.99% PSSA3 54.48 ▼ 0.40% CVCB3 1.45 ▲ 10.69% POSI3 3.55 — 0.00% SLCE3 13.44 ▲ 0.45% NATU3 8.44 ▲ 0.72% BRKM5 5.86 ▼ 1.84% RANI3 8.40 ▲ 3.58% CSNA3 4.67 ▼ 3.51% CMIN3 5.69 ▼ 0.35% USIM5 7.57 ▲ 2.85% GGBR4 25.31 ▲ 1.32% ENEV3 26.77 ▲ 1.75% CPFE3 45.84 ▼ 0.65% CMIG4 11.15 ▼ 1.68% EQTL3 38.77 ▲ 0.28% LREN3 13.83 ▲ 1.69% VIVT3 32.36 ▼ 0.83% RAIL3 14.18 ▼ 1.80% KLABIN 18.28 ▲ 0.16% RAIA DROGASIL 18.60 ▲ 0.65% RDOR3 34.20 ▼ 1.27% HAPV3 11.77 ▲ 4.34% FLRY3 17.25 ▲ 0.64% SMTO3 14.40 ▼ 0.83% UGPA3 33.00 ▼ 0.15% VBBR3 36.18 ▲ 0.36% BBSE3 41.58 ▲ 0.78% BPAC11 57.07 ▲ 0.48% CURY3 31.36 ▲ 4.22% AERI3 2.16 ▲ 0.47% VIVARA 22.67 ▲ 2.21% COMPASS 24.82 ▼ 0.08% VAMOS 3.29 ▼ 1.50% SANB11 28.70 ▲ 0.28% ASAI3 8.50 — 0.00% SBSP3 27.21 ▼ 1.77% WALMEX 49.74 ▼ 1.01% GMEXICO 211.58 ▲ 1.86% FEMSA 216.26 ▼ 2.34% CEMEX 20.61 ▲ 0.49% GFNORTE 197.53 ▼ 1.52% BIMBO 61.09 ▼ 1.40% TELEVISA 9.62 ▼ 1.94% AMX 21.50 ▼ 2.58% GAP 375.87 ▼ 0.18% ASUR 277.18 ▲ 0.57% OMA 231.44 ▲ 0.05% KOF 185.21 ▼ 1.09% GRUMA 263.40 ▲ 2.00% KIMBER 39.94 ▼ 0.65% SQM-B 61,661 ▼ 1.66% COPEC 6,285 ▼ 1.03% BSANTANDER 80.21 ▼ 0.96% FALABELLA 6,290 ▲ 1.19% ENELAM 87.78 ▼ 0.24% CENCOSUD 1,950 ▼ 0.25% CMPC 1,062 ▲ 0.64% BANCO CHILE 191.20 ▼ 1.30% LATAM AIR 25.24 ▲ 2.02% YPF 8,130 ▼ 1.93% GGAL 7,980 ▲ 1.25% PAMPA 5,515 ▼ 0.72% TXAR 656.00 ▼ 0.53% ALUAR 968.00 ▼ 0.97% TGS 9,900 ▼ 1.49% CEPU 2,380 ▼ 0.67% MIRGOR 1,700 ▼ 89.60% COME 43.56 ▼ 1.07% LOMA NEGRA 3,573 ▼ 1.31% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,383 ▼ 0.57% ECOPETROL 16.55 ▼ 1.31% BANCOLOMBIA 90.98 ▼ 1.66% GRUPO AVAL 5.18 ▼ 1.89% CREDICORP 398.16 ▼ 0.60% SOUTHERN COPPER 185.32 ▲ 1.43% BUENAVENTURA 30.27 ▼ 0.05% MERCADOLIBRE 1,894 ▲ 0.85% NUBANK 14.47 ▲ 0.98% XP 17.05 ▼ 0.06% PAGSEGURO 9.65 ▲ 0.10% STONE 11.29 ▼ 0.79% GLOBANT 37.30 ▲ 1.91% TECNOGLASS 46.09 ▲ 6.10% GAP AIRPORT 217.37 ▲ 0.01% ASUR 277.18 ▲ 0.57% OMA AIRPORT 106.95 ▲ 0.05% AMX ADR 24.78 ▼ 2.25% FEMSA ADR 124.80 ▼ 2.49% CEMEX ADR 11.88 ▲ 0.51% PETROBRAS ADR 19.03 ▼ 1.93% VALE ADR 14.61 ▼ 3.02% ITAU ADR 8.47 ▲ 0.06% SANTANDER BR 5.69 ▲ 0.35% AMBEV ADR 3.07 ▼ 1.29% CSN 0.93 ▼ 5.31% GERDAU 5.00 ▲ 0.78% LATAM ADR 54.45 ▲ 3.20% BTC 63,860 ▲ 0.60% ETH 1,869 ▼ 0.74% SOL 73.73 ▲ 0.38% XRP 1.08 ▼ 0.34% BNB 591.18 ▲ 0.61% ADA 0.19 ▲ 1.29% DOGE 0.07 ▼ 0.52% AVAX 6.53 ▼ 0.18% LINK 8.25 ▼ 1.46% DOT 0.83 ▲ 3.92% LTC 44.14 ▼ 1.11% BCH 214.05 ▲ 0.72% TRX 0.33 ▲ 0.65% XLM 0.17 ▼ 1.30% HBAR 0.07 ▲ 0.86% NEAR 1.74 ▲ 1.66% ATOM 1.35 ▲ 6.89% AAVE 93.52 ▲ 1.65% SELIC 14.25% EMBRAER 90.30 ▲ 3.92% EMBRAER ADR 71.05 ▲ 3.98% JBS 13.81 ▼ 1.50% JBS BDR 70.26 ▼ 0.62% MBRF3 17.72 ▲ 1.03% MBRFY 3.42 ▼ 0.58% INTER 5.60 — 0.00% IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL 5.09 ▲ 0.28% USD/MXN 17.34 ▲ 0.16% USD/CLP 924.79 ▼ 0.68% USD/COP 3,235 ▲ 1.01% USD/PEN 3.39 ▼ 0.08% 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 58.00 ▲ 0.02% 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 5.85 ▼ 0.14% BRENT 83.81 ▼ 7.00% WTI 80.19 ▼ 5.29% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.39% GOLD 4,086 ▲ 0.91% SILVER 57.83 ▲ 0.41% SOY 1,194 ▲ 1.83% CORN 471.75 ▲ 7.03% WHEAT 652.75 ▲ 2.11% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 158.50 ▲ 2.29% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 226.78 ▼ 2.15% CATTLE 342.55 ▼ 1.57% LITHIUM 69.29 ▲ 0.10% PETR4 42.83 ▼ 1.36% VALE3 74.53 ▼ 2.29% ITUB4 43.03 ▲ 0.37% BBDC4 18.51 ▲ 0.54% ABEV3 15.85 ▼ 0.88% BBAS3 21.30 ▼ 0.23% B3SA3 15.65 ▼ 0.51% WEGE3 48.17 ▲ 2.06% PRIO3 58.59 ▼ 3.71% SUZB3 43.41 ▲ 0.21% RENT3 38.05 ▲ 1.17% AZZA3 16.22 ▼ 1.22% CSAN3 4.08 ▲ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.69 ▲ 3.86% GMAT3 3.99 ▼ 0.99% PSSA3 54.48 ▼ 0.40% CVCB3 1.45 ▲ 10.69% POSI3 3.55 — 0.00% SLCE3 13.44 ▲ 0.45% NATU3 8.44 ▲ 0.72% BRKM5 5.86 ▼ 1.84% RANI3 8.40 ▲ 3.58% CSNA3 4.67 ▼ 3.51% CMIN3 5.69 ▼ 0.35% USIM5 7.57 ▲ 2.85% GGBR4 25.31 ▲ 1.32% ENEV3 26.77 ▲ 1.75% CPFE3 45.84 ▼ 0.65% CMIG4 11.15 ▼ 1.68% EQTL3 38.77 ▲ 0.28% LREN3 13.83 ▲ 1.69% VIVT3 32.36 ▼ 0.83% RAIL3 14.18 ▼ 1.80% KLABIN 18.28 ▲ 0.16% RAIA DROGASIL 18.60 ▲ 0.65% RDOR3 34.20 ▼ 1.27% HAPV3 11.77 ▲ 4.34% FLRY3 17.25 ▲ 0.64% SMTO3 14.40 ▼ 0.83% UGPA3 33.00 ▼ 0.15% VBBR3 36.18 ▲ 0.36% BBSE3 41.58 ▲ 0.78% BPAC11 57.07 ▲ 0.48% CURY3 31.36 ▲ 4.22% AERI3 2.16 ▲ 0.47% VIVARA 22.67 ▲ 2.21% COMPASS 24.82 ▼ 0.08% VAMOS 3.29 ▼ 1.50% SANB11 28.70 ▲ 0.28% ASAI3 8.50 — 0.00% SBSP3 27.21 ▼ 1.77% WALMEX 49.74 ▼ 1.01% GMEXICO 211.58 ▲ 1.86% FEMSA 216.26 ▼ 2.34% CEMEX 20.61 ▲ 0.49% GFNORTE 197.53 ▼ 1.52% BIMBO 61.09 ▼ 1.40% TELEVISA 9.62 ▼ 1.94% AMX 21.50 ▼ 2.58% GAP 375.87 ▼ 0.18% ASUR 277.18 ▲ 0.57% OMA 231.44 ▲ 0.05% KOF 185.21 ▼ 1.09% GRUMA 263.40 ▲ 2.00% KIMBER 39.94 ▼ 0.65% SQM-B 61,661 ▼ 1.66% COPEC 6,285 ▼ 1.03% BSANTANDER 80.21 ▼ 0.96% FALABELLA 6,290 ▲ 1.19% ENELAM 87.78 ▼ 0.24% CENCOSUD 1,950 ▼ 0.25% CMPC 1,062 ▲ 0.64% BANCO CHILE 191.20 ▼ 1.30% LATAM AIR 25.24 ▲ 2.02% YPF 8,130 ▼ 1.93% GGAL 7,980 ▲ 1.25% PAMPA 5,515 ▼ 0.72% TXAR 656.00 ▼ 0.53% ALUAR 968.00 ▼ 0.97% TGS 9,900 ▼ 1.49% CEPU 2,380 ▼ 0.67% MIRGOR 1,700 ▼ 89.60% COME 43.56 ▼ 1.07% LOMA NEGRA 3,573 ▼ 1.31% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,383 ▼ 0.57% ECOPETROL 16.55 ▼ 1.31% BANCOLOMBIA 90.98 ▼ 1.66% GRUPO AVAL 5.18 ▼ 1.89% CREDICORP 398.16 ▼ 0.60% SOUTHERN COPPER 185.32 ▲ 1.43% BUENAVENTURA 30.27 ▼ 0.05% MERCADOLIBRE 1,894 ▲ 0.85% NUBANK 14.47 ▲ 0.98% XP 17.05 ▼ 0.06% PAGSEGURO 9.65 ▲ 0.10% STONE 11.29 ▼ 0.79% GLOBANT 37.30 ▲ 1.91% TECNOGLASS 46.09 ▲ 6.10% GAP AIRPORT 217.37 ▲ 0.01% ASUR 277.18 ▲ 0.57% OMA AIRPORT 106.95 ▲ 0.05% AMX ADR 24.78 ▼ 2.25% FEMSA ADR 124.80 ▼ 2.49% CEMEX ADR 11.88 ▲ 0.51% PETROBRAS ADR 19.03 ▼ 1.93% VALE ADR 14.61 ▼ 3.02% ITAU ADR 8.47 ▲ 0.06% SANTANDER BR 5.69 ▲ 0.35% AMBEV ADR 3.07 ▼ 1.29% CSN 0.93 ▼ 5.31% GERDAU 5.00 ▲ 0.78% LATAM ADR 54.45 ▲ 3.20% BTC 63,860 ▲ 0.60% ETH 1,869 ▼ 0.74% SOL 73.73 ▲ 0.38% XRP 1.08 ▼ 0.34% BNB 591.18 ▲ 0.61% ADA 0.19 ▲ 1.29% DOGE 0.07 ▼ 0.52% AVAX 6.53 ▼ 0.18% LINK 8.25 ▼ 1.46% DOT 0.83 ▲ 3.92% LTC 44.14 ▼ 1.11% BCH 214.05 ▲ 0.72% TRX 0.33 ▲ 0.65% XLM 0.17 ▼ 1.30% HBAR 0.07 ▲ 0.86% NEAR 1.74 ▲ 1.66% ATOM 1.35 ▲ 6.89% AAVE 93.52 ▲ 1.65% SELIC 14.25% EMBRAER 90.30 ▲ 3.92% EMBRAER ADR 71.05 ▲ 3.98% JBS 13.81 ▼ 1.50% JBS BDR 70.26 ▼ 0.62% MBRF3 17.72 ▲ 1.03% MBRFY 3.42 ▼ 0.58% INTER 5.60 — 0.00%
since 2009
Monday, August 3, 2026

Former President of Panama Martinelli and former congressman Varela come to blows

By · October 12, 2021 · 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.

RIO DE JANEIRO, BRAZIL – Former Panamanian President Ricardo Martinelli (2009-2014), who is on trial for illegal wiretapping, and former congressman José Luis Varela, brother of former President Juan Carlos Varela (2014-2019), an alleged victim of the illegal wiretapping, got into an argument and brawled on Monday (11) during the trial.

The heated exchange between the two politicians, which did not lack shoving, mutual insults, and violent abuse, occurred at the exit from the court where Martinelli was charged with alleged illegal wiretapping during his term.

Read also: Check out our coverage on Panama

“They are disrespectful; they are thieves? Drug dealers, drug dealers, drug dealers! And let him tell me otherwise because I’ll prove it to him… And that son of a bitch can sue me,” Martinelli told the former congressman.

The supermarket magnate, known in the political world as “the crazy one,” went further and showed his clenched fist in the air, saying that the former congressman “deserved his fist.”

Former President Ricardo Martinelli and former congressman José Luis Varela (Photo internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

He said, “Coward, ayy…. cueco (NdR: a homophobic insult) that you are, cueco,” Varela told Martinelli, opening and closing the fingers of his hands in a sign of what is called “culillo” (fear) in Panamanian slang.

Regarding the alleged exchange of blows with Martinelli that took place in the court’s premises, Varela stated, “He threw me, and we hit each other, we hit each other, he threw me, and I kicked him, I kicked him properly!”

Varela told reporters that the former president was “very upset” about the situation in which he found himself “persecuted by the judiciary” and with his children detained in Guatemala, stressing, “I have no hatred for him, I have sympathy and compassion for him.”

The former congressman Varela concluded this Monday a three-day cross-examination as an alleged victim of illegal wiretapping, during which he acknowledged about a dozen pieces of evidence and transcripts of his intercepted conversations, as he announced in a statement on his social networks.

Martinelli’s new trial on political espionage charges began last July after a month-long delay due to two suspensions and after the cancellation of the first trial in which he was found “not guilty.”

Martinelli, who calls the trial a “political sham,” faces up to eight years in prison for two felonies: Interception of telecommunications and prosecution and surveillance without judicial authorization.

The 69-year-old former president is accused of intercepting the telecommunications of nearly 150 people, including business people, rival politicians, and even his allies, as well as journalists.

In Panama, in addition to this case, Martinelli has been indicted and banned from leaving the country in the Odebrecht affair. He is accused of money laundering and in the “New Business” affair related to purchasing a media conglomerate.

Two sons of the former Panamanian president, Ricardo Alberto and Luis Enrique Martinelli Linares, have been held in Guatemala for more than a year because the United States is demanding their extradition for bribes Odebrecht case.

Live Company IntelligenceSociedad Comercial del Plata S.A. — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
S
◆ Live Company Intelligence
Sociedad Comercial del Plata
BA: COMECOMEIndustrialsConglomerates
AR$308.70B
Market cap

Valuation & profitability

Market capAR$308.70B
Revenue (TTM)AR$651.15B
Profit margin-6.7%
Return on equity-7.8%

Price & risk

52-wk low
$29.10
52-wk high
$143.75
Beta (volatility)-0.18
200-day average$52.00

Revenue trend · 6y

20202025
Latest AR$655.95B

Ownership

Institutions2.4%
Shares outstanding7.00B

Dividend

No regular dividend — earnings reinvested for growth.
What Sociedad Comercial del Plata does. Sociedad Comercial del Plata S.A. operates in the agribusiness, construction, energy, transportation, infrastructure, and real estate sectors in Argentina. It operates through Construction; Oil and By-Products; and Agribusiness segments. The company offers construction materials, such as hollow ceramic bricks, floor and wall coverings, ceramic and porcelain tiles, and processed glasses under the…
Data: EODHD fundamentals (COME.BA) · figures in ARS · as of 3 Aug 2026More company intelligence →

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.