IBOV 176,723.62 ▼ 0.46% IPSA 10,916.70 ▼ 0.84% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,340,763 ▼ 1.15% COLCAP 2,298.59 ▲ 0.07% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.55% USD/MXN17.52▲ 0.73% USD/CLP946.09▲ 1.12% USD/COP3,200▼ 0.84% USD/PEN3.39▼ 0.24% USD/ARS1,489▲ 0.40% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 0.26% BRENT 100.26 ▲ 6.58% WTI 91.95 ▲ 5.90% IRON ORE 161.91 — — COPPER 6.33 ▼ 1.90% GOLD 4,052 ▼ 2.29% SILVER 57.90 ▼ 3.53% SOY 1,241 ▲ 0.65% CORN 486.75 ▲ 5.36% WHEAT 694.50 ▼ 1.59% COFFEE 310.75 ▼ 1.86% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 145.50 ▼ 3.19% COTTON 81.53 ▲ 2.08% COCOA 5,367 ▲ 0.73% BEEF 221.48 ▼ 0.77% CATTLE 340.13 ▼ 0.31% LITHIUM 69.02 ▲ 0.03% PETR4 42.95 ▲ 0.87% VALE3 75.68 ▲ 0.77% ITUB4 42.56 ▼ 0.79% BBDC4 18.72 ▼ 1.32% ABEV3 15.92 ▼ 1.30% BBAS3 20.93 ▼ 0.76% B3SA3 15.65 ▼ 1.57% WEGE3 45.67 ▼ 2.29% PRIO3 60.54 ▲ 1.29% SUZB3 42.43 ▼ 0.54% RENT3 37.14 — 0.00% AZZA3 17.05 ▼ 4.27% CSAN3 3.90 ▼ 0.51% RAIZ4 0.27 — 0.00% PCAR3 2.87 ▲ 4.36% GMAT3 3.87 ▼ 1.02% PSSA3 55.18 ▼ 0.49% CVCB3 1.31 ▲ 3.15% POSI3 3.67 ▼ 0.81% SLCE3 13.77 ▼ 1.36% NATU3 8.56 ▼ 1.38% BRKM5 6.17 ▲ 1.65% RANI3 7.93 ▼ 0.88% CSNA3 5.30 ▼ 1.49% CMIN3 5.83 ▼ 0.17% USIM5 8.49 ▼ 1.85% GGBR4 24.06 — 0.00% ENEV3 25.70 ▼ 1.04% CPFE3 46.22 ▼ 1.05% CMIG4 11.19 ▼ 0.18% EQTL3 39.02 ▼ 0.84% LREN3 13.37 ▼ 1.26% VIVT3 34.70 ▼ 1.92% RAIL3 13.96 ▲ 2.35% KLABIN 17.66 ▼ 1.51% RAIA DROGASIL 18.19 ▼ 0.55% RDOR3 33.67 ▼ 2.38% HAPV3 10.47 ▼ 8.08% FLRY3 16.58 ▼ 0.42% SMTO3 15.71 ▼ 2.12% UGPA3 33.39 ▲ 1.71% VBBR3 35.60 ▲ 1.77% BBSE3 42.40 ▼ 0.42% BPAC11 56.30 ▼ 1.26% CURY3 29.62 ▼ 1.92% AERI3 2.02 ▼ 1.46% VIVARA 21.45 ▼ 0.46% COMPASS 25.08 ▲ 1.09% VAMOS 3.21 ▼ 0.62% SANB11 26.63 ▼ 1.19% ASAI3 8.02 ▼ 4.52% SBSP3 29.00 ▼ 0.99% WALMEX 47.27 ▼ 2.84% GMEXICO 208.35 ▼ 3.10% FEMSA 222.31 ▼ 2.38% CEMEX 21.48 ▼ 3.11% GFNORTE 189.00 ▼ 1.37% BIMBO 59.00 ▼ 2.16% TELEVISA 9.79 ▼ 0.31% AMX 22.84 ▲ 0.66% GAP 375.37 ▼ 0.36% ASUR 269.84 ▼ 1.35% OMA 227.18 ▼ 0.66% KOF 179.34 ▼ 1.81% GRUMA 268.11 ▼ 4.40% KIMBER 39.20 ▲ 0.98% SQM-B 65,499 ▲ 0.68% COPEC 6,260 ▼ 4.43% BSANTANDER 80.00 ▲ 0.19% FALABELLA 6,058 ▲ 0.26% ENELAM 85.00 ▲ 0.56% CENCOSUD 1,968 ▼ 2.08% CMPC 1,051 ▼ 1.78% BANCO CHILE 190.72 ▼ 1.44% LATAM AIR 23.50 ▼ 2.45% YPF 82,475 ▼ 0.03% GGAL 7,945 ▼ 3.99% PAMPA 5,630 ▲ 0.09% TXAR 680.00 ▲ 1.80% ALUAR 982.50 ▲ 0.87% TGS 9,995 ▲ 0.91% CEPU 2,420 ▲ 0.37% MIRGOR 16,725 ▼ 1.18% COME 42.53 ▼ 1.41% LOMA NEGRA 3,765 ▼ 1.18% BYMA 292.50 ▼ 1.02% TELECOM ARG 4,325 ▼ 2.15% ECOPETROL 16.33 ▼ 2.16% BANCOLOMBIA 86.79 ▲ 2.52% GRUPO AVAL 4.93 ▼ 2.18% CREDICORP 387.63 ▼ 1.53% SOUTHERN COPPER 182.22 ▼ 6.78% BUENAVENTURA 31.32 ▼ 2.40% MERCADOLIBRE 1,799 ▼ 0.03% NUBANK 14.19 ▼ 2.21% XP 16.83 ▼ 2.72% PAGSEGURO 9.46 ▼ 2.17% STONE 10.98 ▼ 3.35% GLOBANT 30.61 ▼ 0.20% TECNOGLASS 43.75 ▼ 3.26% GAP AIRPORT 215.45 ▼ 0.96% ASUR 269.84 ▼ 1.35% OMA AIRPORT 104.14 ▼ 1.15% AMX ADR 25.95 ▼ 0.65% FEMSA ADR 127.08 ▼ 2.93% CEMEX ADR 12.26 ▼ 3.62% PETROBRAS ADR 19.00 ▲ 0.58% VALE ADR 14.83 ▼ 0.13% ITAU ADR 8.35 ▼ 1.53% SANTANDER BR 5.36 ▼ 1.74% AMBEV ADR 3.09 ▼ 1.47% CSN 1.06 ▼ 2.75% GERDAU 4.77 — 0.00% LATAM ADR 49.79 ▼ 2.87% BTC 65,089 ▼ 1.53% ETH 1,884 ▼ 2.54% SOL 76.04 ▼ 2.40% XRP 1.11 ▼ 2.69% BNB 567.61 ▼ 0.55% ADA 0.17 ▼ 2.59% DOGE 0.07 ▼ 4.62% AVAX 6.31 ▼ 4.64% LINK 8.50 ▼ 1.46% DOT 0.82 ▼ 2.18% LTC 47.33 ▲ 0.55% BCH 211.43 ▼ 3.88% TRX 0.33 ▼ 0.51% XLM 0.18 ▼ 2.24% HBAR 0.07 ▼ 1.19% NEAR 1.88 ▲ 0.80% ATOM 1.43 ▼ 2.83% AAVE 96.08 ▼ 1.31% SELIC 14.25% EMBRAER 83.40 ▼ 0.47% EMBRAER ADR 65.47 ▼ 0.88% JBS 12.13 ▼ 0.98% JBS BDR 61.82 ▲ 0.03% MBRF3 15.59 ▼ 2.74% MBRFY 3.09 ▼ 2.83% INTER 5.46 ▼ 4.04% EGX 53,932 ▼ 0.11% USD/ZAR16.82▲ 2.59% USD/NGN1,366▼ 0.48% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.85▲ 0.43% USD/CNY6.77▼ 0.05% DAX 24,763 ▼ 1.56% CAC 8,299 ▼ 1.64% FTSE 10,639 ▼ 0.73% MIB 51,316 ▼ 2.80% IBEX 19,267 ▼ 1.55% STOXX 639.27 ▼ 1.18% EUR/USD1.14▼ 0.28% GBP/USD1.33▼ 0.47% SPX 7,408 ▼ 1.21% DJI 51,712 ▼ 0.97% NDX 28,455 ▼ 1.87% RUT 2,940 ▼ 0.67% TSX 35,193 ▼ 0.82% VIX 18.70 ▲ 12.38% USD/CAD1.41▼ 0.02% US10Y 4.7030 ▲ 0.99% IBOV 176,723.62 ▼ 0.46% IPSA 10,916.70 ▼ 0.84% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,340,763 ▼ 1.15% COLCAP 2,298.59 ▲ 0.07% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.55% USD/MXN 17.52 ▲ 0.73% USD/CLP 946.09 ▲ 1.12% USD/COP 3,200 ▼ 0.84% USD/PEN 3.39 ▼ 0.24% USD/ARS 1,489 ▲ 0.40% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.37% USD/TTD 6.73 ▲ 1.17% EUR/BRL 5.78 ▼ 0.26% BRENT 100.26 ▲ 6.58% WTI 91.95 ▲ 5.90% IRON ORE 161.91 — — COPPER 6.33 ▼ 1.90% GOLD 4,052 ▼ 2.29% SILVER 57.90 ▼ 3.53% SOY 1,241 ▲ 0.65% CORN 486.75 ▲ 5.36% WHEAT 694.50 ▼ 1.59% COFFEE 310.75 ▼ 1.86% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 145.50 ▼ 3.19% COTTON 81.53 ▲ 2.08% COCOA 5,367 ▲ 0.73% BEEF 221.48 ▼ 0.77% CATTLE 340.13 ▼ 0.31% LITHIUM 69.02 ▲ 0.03% PETR4 42.95 ▲ 0.87% VALE3 75.68 ▲ 0.77% ITUB4 42.56 ▼ 0.79% BBDC4 18.72 ▼ 1.32% ABEV3 15.92 ▼ 1.30% BBAS3 20.93 ▼ 0.76% B3SA3 15.65 ▼ 1.57% WEGE3 45.67 ▼ 2.29% PRIO3 60.54 ▲ 1.29% SUZB3 42.43 ▼ 0.54% RENT3 37.14 — 0.00% AZZA3 17.05 ▼ 4.27% CSAN3 3.90 ▼ 0.51% RAIZ4 0.27 — 0.00% PCAR3 2.87 ▲ 4.36% GMAT3 3.87 ▼ 1.02% PSSA3 55.18 ▼ 0.49% CVCB3 1.31 ▲ 3.15% POSI3 3.67 ▼ 0.81% SLCE3 13.77 ▼ 1.36% NATU3 8.56 ▼ 1.38% BRKM5 6.17 ▲ 1.65% RANI3 7.93 ▼ 0.88% CSNA3 5.30 ▼ 1.49% CMIN3 5.83 ▼ 0.17% USIM5 8.49 ▼ 1.85% GGBR4 24.06 — 0.00% ENEV3 25.70 ▼ 1.04% CPFE3 46.22 ▼ 1.05% CMIG4 11.19 ▼ 0.18% EQTL3 39.02 ▼ 0.84% LREN3 13.37 ▼ 1.26% VIVT3 34.70 ▼ 1.92% RAIL3 13.96 ▲ 2.35% KLABIN 17.66 ▼ 1.51% RAIA DROGASIL 18.19 ▼ 0.55% RDOR3 33.67 ▼ 2.38% HAPV3 10.47 ▼ 8.08% FLRY3 16.58 ▼ 0.42% SMTO3 15.71 ▼ 2.12% UGPA3 33.39 ▲ 1.71% VBBR3 35.60 ▲ 1.77% BBSE3 42.40 ▼ 0.42% BPAC11 56.30 ▼ 1.26% CURY3 29.62 ▼ 1.92% AERI3 2.02 ▼ 1.46% VIVARA 21.45 ▼ 0.46% COMPASS 25.08 ▲ 1.09% VAMOS 3.21 ▼ 0.62% SANB11 26.63 ▼ 1.19% ASAI3 8.02 ▼ 4.52% SBSP3 29.00 ▼ 0.99% WALMEX 47.27 ▼ 2.84% GMEXICO 208.35 ▼ 3.10% FEMSA 222.31 ▼ 2.38% CEMEX 21.48 ▼ 3.11% GFNORTE 189.00 ▼ 1.37% BIMBO 59.00 ▼ 2.16% TELEVISA 9.79 ▼ 0.31% AMX 22.84 ▲ 0.66% GAP 375.37 ▼ 0.36% ASUR 269.84 ▼ 1.35% OMA 227.18 ▼ 0.66% KOF 179.34 ▼ 1.81% GRUMA 268.11 ▼ 4.40% KIMBER 39.20 ▲ 0.98% SQM-B 65,499 ▲ 0.68% COPEC 6,260 ▼ 4.43% BSANTANDER 80.00 ▲ 0.19% FALABELLA 6,058 ▲ 0.26% ENELAM 85.00 ▲ 0.56% CENCOSUD 1,968 ▼ 2.08% CMPC 1,051 ▼ 1.78% BANCO CHILE 190.72 ▼ 1.44% LATAM AIR 23.50 ▼ 2.45% YPF 82,475 ▼ 0.03% GGAL 7,945 ▼ 3.99% PAMPA 5,630 ▲ 0.09% TXAR 680.00 ▲ 1.80% ALUAR 982.50 ▲ 0.87% TGS 9,995 ▲ 0.91% CEPU 2,420 ▲ 0.37% MIRGOR 16,725 ▼ 1.18% COME 42.53 ▼ 1.41% LOMA NEGRA 3,765 ▼ 1.18% BYMA 292.50 ▼ 1.02% TELECOM ARG 4,325 ▼ 2.15% ECOPETROL 16.33 ▼ 2.16% BANCOLOMBIA 86.79 ▲ 2.52% GRUPO AVAL 4.93 ▼ 2.18% CREDICORP 387.63 ▼ 1.53% SOUTHERN COPPER 182.22 ▼ 6.78% BUENAVENTURA 31.32 ▼ 2.40% MERCADOLIBRE 1,799 ▼ 0.03% NUBANK 14.19 ▼ 2.21% XP 16.83 ▼ 2.72% PAGSEGURO 9.46 ▼ 2.17% STONE 10.98 ▼ 3.35% GLOBANT 30.61 ▼ 0.20% TECNOGLASS 43.75 ▼ 3.26% GAP AIRPORT 215.45 ▼ 0.96% ASUR 269.84 ▼ 1.35% OMA AIRPORT 104.14 ▼ 1.15% AMX ADR 25.95 ▼ 0.65% FEMSA ADR 127.08 ▼ 2.93% CEMEX ADR 12.26 ▼ 3.62% PETROBRAS ADR 19.00 ▲ 0.58% VALE ADR 14.83 ▼ 0.13% ITAU ADR 8.35 ▼ 1.53% SANTANDER BR 5.36 ▼ 1.74% AMBEV ADR 3.09 ▼ 1.47% CSN 1.06 ▼ 2.75% GERDAU 4.77 — 0.00% LATAM ADR 49.79 ▼ 2.87% BTC 65,089 ▼ 1.53% ETH 1,884 ▼ 2.54% SOL 76.04 ▼ 2.40% XRP 1.11 ▼ 2.69% BNB 567.61 ▼ 0.55% ADA 0.17 ▼ 2.59% DOGE 0.07 ▼ 4.62% AVAX 6.31 ▼ 4.64% LINK 8.50 ▼ 1.46% DOT 0.82 ▼ 2.18% LTC 47.33 ▲ 0.55% BCH 211.43 ▼ 3.88% TRX 0.33 ▼ 0.51% XLM 0.18 ▼ 2.24% HBAR 0.07 ▼ 1.19% NEAR 1.88 ▲ 0.80% ATOM 1.43 ▼ 2.83% AAVE 96.08 ▼ 1.31% SELIC 14.25% EMBRAER 83.40 ▼ 0.47% EMBRAER ADR 65.47 ▼ 0.88% JBS 12.13 ▼ 0.98% JBS BDR 61.82 ▲ 0.03% MBRF3 15.59 ▼ 2.74% MBRFY 3.09 ▼ 2.83% INTER 5.46 ▼ 4.04% EGX 53,932 ▼ 0.11% USD/ZAR 16.83 ▲ 2.54% USD/NGN 1,366 ▼ 0.27% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.81 ▲ 0.44% USD/CNY 6.7696 ▲ 0.08% DAX 24,763 ▼ 1.56% CAC 8,299 ▼ 1.64% FTSE 10,639 ▼ 0.73% MIB 51,316 ▼ 2.80% IBEX 19,267 ▼ 1.55% STOXX 639.27 ▼ 1.18% EUR/USD 1.1382 ▼ 0.24% GBP/USD 1.3317 ▼ 0.44% SPX 7,408 ▼ 1.21% DJI 51,712 ▼ 0.97% NDX 28,455 ▼ 1.87% RUT 2,940 ▼ 0.67% TSX 35,193 ▼ 0.82% VIX 18.70 ▲ 12.38% USD/CAD 1.4087 ▲ 0.04% US10Y 4.7030 ▲ 0.99%
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Politics - Brazil Rio de Janeiro

Brazil Elects Dilma Rousseff as President

By · October 31, 2010 · 3 min read

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By Sibel Tinar, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Sunday has been the day of victory for Dilma Rousseff, who is elected Brazil’s next president to succeed Luiz Inácio Lula da Silva, after beating her rival José Serra by over ten points in the run-off round of the presidential elections.

Dilma Rousseff, who is elected Brazil's first female president this Sunday, cast her vote in Porte Alegre, Rio Grande do Sul before flying to Brasília, photo by Wilson Dias/ABr.
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After failing to secure the absolute majority of the votes in the first round of elections on October 3rd, which sent the race to the second round, Lula’s protégée Dilma has secured 56 percent of the votes as opposed to Serra’s 44 percent, and will be Brazil’s first female president when she takes office on January 1st, 2011.

The elections, in which 99.1 million valid ballots were cast, began at 8AM in the morning, and the vote count started after the last ballots closed at 7PM. The Tribunal Superior Eleitoral (TSE) has called the elections in favor of Dilma shortly after 8PM, when about ninety percent of the ballot count was complete, due to difference between the candidates’ points being over ten percent.

Outside of the country, over 200,000 Brazilians have cast ballots in 101 cities in 86 countries, and the results that came from overseas showed a preference towards Serra instead of Dilma.

Dilma led in fifteen states, including Rio de Janeiro, most states in the North and all in the Northeast, where Lula is from, as well as the Federal District (i.e. Brasília), where Serra secured the majority of votes in eleven states, primarily São Paulo, where he held the positions of mayor and governor, and all Southern states, including Rio Grande do Sul, where Dilma used to be based.

Out of the 135.8 million voters of Brazil, where voting is mandatory for all citizens between the ages of 18 and seventy, 29 million have opted to exercise their right for abstention, 4.7 million voted nulo (null), and 2.4 million voted branco (blank). The number of abstentions has increased to 21.2 percent in this round from 18 percent in the first round, and while considered “normal” by the TSE, it is attributed to the run-off round falling on an extended holiday weekend, as well as the tendency for some people to only vote in the first round.

Announcing: “I have the pride and satisfaction of saying that the elections passed in a peaceful and tranquil climate across the country”, the president of TSE Ricardo Lewandowski has also praised the technology that allowed them to declare the results within about an hour.

Dilma's supporters have flooded the streets in Porto Alegre to celebrate her election as the next president, photo by Wilson Dias/ABr.

Chosen by current president Lula as his successor, and the candidate from Partido dos Trabalhadores (PT, Workers’ Party), Dilma, 62, has never held elected office before, but worked closely with Lula as his former Minister of Energy and Mines, as well as his Chief of Staff.

While some were concerned that she lacked Lula’s charisma and natural leadership ability, she was initially unknown to most voters, but gradually increased her support as the official campaigning started in July, and Lula strategically used his immense popularity in her favor by associating himself with her name and image.

Dilma Rousseff will be the fourth female president in Latin America, after Chile’s Michelle Bachelet, Argentina’s Cristina Fernández de Kirchner, and Costa Rica’s Laura Chinchilla. She is expected to continue Lula’s policies, but by keeping a lower profile on the international scene, and with a bigger focus on economic and domestic policies. 

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