LatAm Governments Condemn Russian Aggression, Venezuela Backs Putin

A roundup of Thursday’s news from across Latin America

Bloomberg Línea
February 24, 2022 | 07:15 PM

Bloomberg Línea — Latin American governments have unanimously condemned Russia’s invasion of Ukraine, with the exception of Venezuela, with the government-majority National Assembly preparing an agreement to support Russia, the main ally of President Nicolás Maduro’s administration, and which would be a first formal pronouncement in favor of the military actions undertaken in Ukraine by Vladimir Putin, but which could also have implications for Venezuela.

On the region’s stock markets, Chile’s Ipsa index (IPSA) bucked the region’s downward trend, ending the day with a gain of 0.55%, while Argentina’s Merval (MERVAL) fell 2.89%, the second-sharpest setback it has registered so far this year.

Following is a roundup of Thursday’s news from Bloomberg Línea and Bloomberg reporters across Latin America.

Argentina:

Brazil:

Chile:

Colombia:

Ecuador:

Guatemala:

Mexico:

Peru:

Uruguay:

  • Uruguayan President Luis Lacalle Pou rejected Russia’s invasion of Ukraine on Thursday, which has included missiles and air strikes. The head of state affirmed that “Uruguay is a country that always bets for peace” and questioned “actions contrary to international law”, and to the principles of the United Nations.

Venezuela:

This is how the region’s markets closed on Thursday, February 24: