IBOV 178,000.24 — 0.00% IPSA 11,049.58 ▲ 0.30% IPC MEX 66,697.22 ▼ 0.36% MERVAL 3,274,443 ▼ 0.51% COLCAP 2,384.67 ▼ 0.31% BVL PERÚ 57,378.30 — — USD/BRL5.09▲ 0.29% USD/MXN17.30▼ 0.05% USD/CLP925.12▼ 0.64% USD/COP3,231▲ 0.88% USD/PEN3.38▼ 0.42% USD/ARS1,494▲ 0.54% 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/VES750.21▲ 0.32% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19— 0.00% USD/TTD6.74▲ 0.40% EUR/BRL5.86▼ 0.06% BRENT 84.76 ▼ 5.95% WTI 81.12 ▼ 4.19% IRON ORE 161.91 — — COPPER 6.60 ▲ 2.49% GOLD 4,118 ▲ 1.70% SILVER 59.01 ▲ 2.46% SOY 1,192 ▲ 1.73% CORN 474.00 ▲ 7.54% WHEAT 650.25 ▲ 1.72% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▲ 0.27% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 0.70% BBDC4 18.55 ▲ 0.76% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 1.28% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 1.43% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 6.82% CMIN3 5.73 ▲ 0.17% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▼ 0.07% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 0.84% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 0.22% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 0.59% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,910 ▼ 1.26% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.00 ▼ 1.13% CENCOSUD 1,955 ▲ 0.01% CMPC 1,050 ▼ 0.47% BANCO CHILE 192.48 ▼ 0.64% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 654.50 ▼ 0.76% ALUAR 966.50 ▼ 1.13% TGS 9,890 ▼ 1.59% CEPU 2,370 ▼ 1.41% MIRGOR 1,680 ▼ 89.72% COME 43.19 ▼ 1.91% LOMA NEGRA 3,600 ▼ 0.55% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.60 ▼ 1.01% BANCOLOMBIA 91.07 ▼ 1.57% GRUPO AVAL 5.24 ▼ 0.76% CREDICORP 395.79 ▼ 1.20% SOUTHERN COPPER 185.91 ▲ 1.75% BUENAVENTURA 30.47 ▲ 0.63% MERCADOLIBRE 1,899 ▲ 1.11% NUBANK 14.44 ▲ 0.77% XP 17.03 ▼ 0.18% PAGSEGURO 9.60 ▼ 0.41% STONE 11.35 ▼ 0.22% GLOBANT 37.14 ▲ 1.48% TECNOGLASS 46.76 ▲ 7.64% GAP AIRPORT 218.14 ▲ 0.36% ASUR 278.60 ▲ 1.08% OMA AIRPORT 106.73 ▼ 0.16% AMX ADR 24.96 ▼ 1.54% FEMSA ADR 125.75 ▼ 1.75% CEMEX ADR 11.84 ▲ 0.17% PETROBRAS ADR 19.06 ▼ 1.75% VALE ADR 14.58 ▼ 3.19% ITAU ADR 8.49 ▲ 0.35% SANTANDER BR 5.74 ▲ 1.23% AMBEV ADR 3.05 ▼ 1.93% CSN 0.93 ▼ 5.65% GERDAU 5.06 ▲ 2.02% LATAM ADR 54.53 ▲ 3.35% BTC 63,749 ▲ 0.42% ETH 1,864 ▼ 0.98% SOL 73.81 ▲ 0.49% XRP 1.08 ▼ 0.65% BNB 590.16 ▲ 0.44% ADA 0.19 ▲ 2.84% DOGE 0.07 ▼ 0.37% AVAX 6.92 ▲ 5.83% LINK 8.19 ▼ 2.16% DOT 0.84 ▲ 5.68% LTC 44.31 ▼ 0.73% BCH 212.96 ▲ 0.21% TRX 0.33 ▲ 0.77% XLM 0.17 ▼ 1.86% HBAR 0.07 ▲ 1.46% NEAR 1.76 ▲ 2.57% ATOM 1.37 ▲ 8.55% AAVE 92.58 ▲ 0.63% SELIC 14.25% EMBRAER 89.60 ▲ 3.12% EMBRAER ADR 70.94 ▲ 3.82% JBS 13.76 ▼ 1.85% JBS BDR 69.57 ▼ 1.60% MBRF3 17.70 ▲ 0.91% MBRFY 3.37 ▼ 2.03% INTER 5.63 ▲ 0.54% EGX 54,094 ▼ 0.35% USD/ZAR16.50▼ 0.29% USD/NGN 1,361 — 0.00% NIKKEI 63,416 ▼ 0.53% CSI300 4,565 ▲ 0.47% HSI 25,880 ▼ 0.50% NIFTY 24,774 ▲ 1.60% KOSPI 6,252 ▼ 0.09% JCI 6,258 ▲ 0.37% USD/JPY157.72▲ 0.17% USD/CNY6.76▲ 0.07% DAX 26,001 ▲ 1.45% CAC 8,614 ▲ 1.22% FTSE 10,858 ▼ 0.10% MIB 52,872 ▲ 1.34% IBEX 19,983 ▲ 1.01% STOXX 652.09 ▲ 0.45% EUR/USD1.15▼ 0.26% GBP/USD1.34▼ 0.42% SPX 7,601 ▲ 1.48% DJI 53,178 ▲ 1.32% NDX 28,777 ▲ 1.78% RUT 2,982 ▲ 1.73% TSX 35,226 ▼ 0.79% VIX 15.86 ▼ 0.81% USD/CAD1.40▲ 0.26% US10Y 4.6860 ▼ 1.24% IBOV 178,000.24 — 0.00% IPSA 11,049.58 ▲ 0.30% IPC MEX 66,697.22 ▼ 0.36% MERVAL 3,274,443 ▼ 0.51% COLCAP 2,384.67 ▼ 0.31% BVL PERÚ 57,378.30 — — USD/BRL 5.09 ▲ 0.29% USD/MXN 17.30 ▼ 0.05% USD/CLP 925.12 ▼ 0.64% USD/COP 3,231 ▲ 0.88% USD/PEN 3.38 ▼ 0.42% USD/ARS 1,494 ▲ 0.54% 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 750.21 ▲ 0.32% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.19 ▲ 0.58% USD/TTD 6.74 ▲ 1.53% EUR/BRL 5.86 ▼ 0.06% BRENT 84.76 ▼ 5.95% WTI 81.12 ▼ 4.19% IRON ORE 161.91 — — COPPER 6.60 ▲ 2.49% GOLD 4,118 ▲ 1.70% SILVER 59.01 ▲ 2.46% SOY 1,192 ▲ 1.73% CORN 474.00 ▲ 7.54% WHEAT 650.25 ▲ 1.72% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▲ 0.27% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 0.70% BBDC4 18.55 ▲ 0.76% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 1.28% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 1.43% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 6.82% CMIN3 5.73 ▲ 0.17% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▼ 0.07% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 0.84% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 0.22% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 0.59% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,910 ▼ 1.26% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.00 ▼ 1.13% CENCOSUD 1,955 ▲ 0.01% CMPC 1,050 ▼ 0.47% BANCO CHILE 192.48 ▼ 0.64% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 654.50 ▼ 0.76% ALUAR 966.50 ▼ 1.13% TGS 9,890 ▼ 1.59% CEPU 2,370 ▼ 1.41% MIRGOR 1,680 ▼ 89.72% COME 43.19 ▼ 1.91% LOMA NEGRA 3,600 ▼ 0.55% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.60 ▼ 1.01% BANCOLOMBIA 91.07 ▼ 1.57% GRUPO AVAL 5.24 ▼ 0.76% CREDICORP 395.79 ▼ 1.20% SOUTHERN COPPER 185.91 ▲ 1.75% BUENAVENTURA 30.47 ▲ 0.63% MERCADOLIBRE 1,899 ▲ 1.11% NUBANK 14.44 ▲ 0.77% XP 17.03 ▼ 0.18% PAGSEGURO 9.60 ▼ 0.41% STONE 11.35 ▼ 0.22% GLOBANT 37.14 ▲ 1.48% TECNOGLASS 46.76 ▲ 7.64% GAP AIRPORT 218.14 ▲ 0.36% ASUR 278.60 ▲ 1.08% OMA AIRPORT 106.73 ▼ 0.16% AMX ADR 24.96 ▼ 1.54% FEMSA ADR 125.75 ▼ 1.75% CEMEX ADR 11.84 ▲ 0.17% PETROBRAS ADR 19.06 ▼ 1.75% VALE ADR 14.58 ▼ 3.19% ITAU ADR 8.49 ▲ 0.35% SANTANDER BR 5.74 ▲ 1.23% AMBEV ADR 3.05 ▼ 1.93% CSN 0.93 ▼ 5.65% GERDAU 5.06 ▲ 2.02% LATAM ADR 54.53 ▲ 3.35% BTC 63,749 ▲ 0.42% ETH 1,864 ▼ 0.98% SOL 73.81 ▲ 0.49% XRP 1.08 ▼ 0.65% BNB 590.16 ▲ 0.44% ADA 0.19 ▲ 2.84% DOGE 0.07 ▼ 0.37% AVAX 6.92 ▲ 5.83% LINK 8.19 ▼ 2.16% DOT 0.84 ▲ 5.68% LTC 44.31 ▼ 0.73% BCH 212.96 ▲ 0.21% TRX 0.33 ▲ 0.77% XLM 0.17 ▼ 1.86% HBAR 0.07 ▲ 1.46% NEAR 1.76 ▲ 2.57% ATOM 1.37 ▲ 8.55% AAVE 92.58 ▲ 0.63% SELIC 14.25% EMBRAER 89.60 ▲ 3.12% EMBRAER ADR 70.94 ▲ 3.82% JBS 13.76 ▼ 1.85% JBS BDR 69.57 ▼ 1.60% MBRF3 17.70 ▲ 0.91% MBRFY 3.37 ▼ 2.03% INTER 5.63 ▲ 0.54% EGX 54,094 ▼ 0.35% USD/ZAR 16.51 ▲ 0.01% USD/NGN 1,361 — 0.00% NIKKEI 63,416 ▼ 0.53% CSI300 4,565 ▲ 0.47% HSI 25,880 ▼ 0.50% NIFTY 24,774 ▲ 1.60% KOSPI 6,252 ▼ 0.09% JCI 6,258 ▲ 0.37% USD/JPY 157.68 ▲ 0.31% USD/CNY 6.7571 ▲ 0.16% DAX 26,001 ▲ 1.45% CAC 8,614 ▲ 1.22% FTSE 10,858 ▼ 0.10% MIB 52,872 ▲ 1.34% IBEX 19,983 ▲ 1.01% STOXX 652.09 ▲ 0.45% EUR/USD 1.1513 ▼ 0.01% GBP/USD 1.3428 ▲ 0.01% SPX 7,601 ▲ 1.48% DJI 53,178 ▲ 1.32% NDX 28,777 ▲ 1.78% RUT 2,982 ▲ 1.73% TSX 35,226 ▼ 0.79% VIX 15.86 ▼ 0.81% USD/CAD 1.4047 ▲ 0.03% US10Y 4.6860 ▼ 1.24%
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Politics - Brazil Rio de Janeiro

Superior Court in Brazil Authorizes Rousseff Re-Election Trial to Begin

By · May 16, 2017 · 2 min read

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Superior Electoral Court (TSE) in Brazil gave the green light on Monday (May 15th) for the trial which could nullify the 2014 Rousseff-Temer Presidential ticket and oust President Michel Temer from office. The trial, suspended at the beginning of April so that the defense could prepare, is expected to start in June.

Brazil, Brasilia,Electoral Court President, Justice Gilmar Mendes, will conduct the Rousseff-Temer Campaign trial
Electoral Court President, Justice Gilmar Mendes, will conduct the Rousseff-Temer Campaign trial, photo by Antonio Cruz/Agencia Brasil.
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The decision comes days after the Ministerio Publico (federal prosecutors’ office) sent a new opinion on the case, this time including the testimony by Rousseff’s main campaign strategist João Santana and his wife Monica Moura who stated that the two politicians received illegal campaign contributions.

Among those who have told prosecutors that they contributed much more to the Rousseff re-election campaign than the law allows, is Marcelo Odebrecht, once head of one of Brazil’s largest construction conglomerates, Odebrecht.

“Dilma (Rousseff) knew about the size of our donation, and she knew we were the ones who donated … (that we were) who made a large part of the cash payments to [marketer] João Santana. That she knew,” Odebrecht was quoted as saying in his testimony.

The company is currently entangled in one of Brazil’s largest corruption scandals, and the executive in March of 2017 told prosecutors that Rousseff knew about the illicit contributions made by the conglomerate to her re-election campaign.

If illicit contributions are proven the Rousseff-Temer ticket may be annulled which would mean that current President Michel Temer would have to step down and the President of the Chamber of Deputies, Rodrigo Maia would become interim president.

Rousseff’s campaign denies any irregularity stating that all contributions were accepted by the TSE at the end of her campaign.

It will now be up to the President of the TSE, Gilmar Mendes, to set a date for the start of the trial, which will be heard by seven judges.

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