IBOV 172,236.05 ▲ 2.22% IPC MEX 72,104.80 ▲ 1.00% MERVAL 2,848,945 — — USD/BRL5.51▲ 0.04% USD/MXN18.53▼ 0.52% USD/CLP966.96▼ 0.99% USD/COP3,267▲ 0.81% USD/PEN3.41▼ 1.07% USD/ARS1,545▼ 0.02% USD/UYU40.45▲ 0.35% USD/PYG6,450▲ 1.45% USD/BOB11.74▼ 0.59% USD/DOP60.42▼ 0.28% USD/CRC446.56▼ 0.38% USD/GTQ7.64▼ 0.05% USD/HNL26.89▲ 0.02% USD/NIO 36.62 — 0.00% USD/VES897.02▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▼ 0.02% USD/TTD6.72▼ 0.03% EUR/BRL6.18▲ 0.86% BRENT 92.36 ▼ 6.06% WTI 86.45 ▼ 4.82% IRON ORE 161.91 — — COPPER 6.38 ▲ 2.58% GOLD 4,147 ▲ 1.77% SILVER 53.42 ▲ 3.12% SOY 1,187 ▼ 0.17% CORN 438.75 ▼ 0.62% WHEAT 587.50 ▼ 0.63% COFFEE 266.70 ▼ 4.75% SUGAR 18.21 ▼ 0.16% ORANGE JUICE 143.50 ▲ 7.85% COTTON 78.65 ▼ 0.58% COCOA 5,113 ▼ 0.81% BEEF 216.33 ▲ 1.06% CATTLE 324.80 ▲ 0.77% LITHIUM 61.35 ▲ 0.72% PETR4 45.19 ▼ 0.24% VALE3 66.11 ▲ 3.23% ITUB4 41.72 ▲ 2.94% BBDC4 14.68 ▲ 3.38% ABEV3 15.61 ▲ 0.84% BBAS3 17.02 ▼ 0.64% B3SA3 14.85 ▲ 3.20% WEGE3 50.74 ▲ 5.29% PRIO3 59.39 ▼ 1.80% SUZB3 54.20 ▲ 1.50% RENT3 30.83 ▲ 1.78% AZZA3 15.12 ▲ 2.44% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.43 ▲ 1.25% GMAT3 3.83 ▲ 0.79% PSSA3 45.65 ▲ 2.93% CVCB3 0.87 ▲ 3.57% POSI3 3.03 ▼ 1.94% SLCE3 17.30 ▲ 4.15% NATU3 5.71 ▲ 10.44% BRKM5 3.02 ▼ 5.63% RANI3 8.76 ▲ 3.44% CSNA3 4.49 ▲ 1.81% IBOV 172,236.05 ▲ 2.22% IPC MEX 72,104.80 ▲ 1.00% MERVAL 2,848,945 — — USD/BRL 5.51 ▲ 0.04% USD/MXN 18.54 ▼ 0.49% USD/CLP 966.96 ▼ 0.99% USD/COP 3,267 ▲ 0.81% USD/PEN 3.41 ▼ 1.07% USD/ARS 1,545 ▼ 0.02% USD/UYU 40.45 ▲ 0.35% USD/PYG 6,450 ▲ 1.45% USD/BOB 11.74 ▼ 0.59% USD/DOP 60.42 ▼ 0.28% USD/CRC 446.56 ▼ 0.38% USD/GTQ 7.64 ▼ 0.05% USD/HNL 26.89 ▲ 0.02% USD/NIO 36.62 — 0.00% USD/VES 897.02 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.64% USD/TTD 6.72 ▲ 2.40% EUR/BRL 6.18 ▲ 0.86% BRENT 92.36 ▼ 6.06% WTI 86.45 ▼ 4.82% IRON ORE 161.91 — — COPPER 6.38 ▲ 2.58% GOLD 4,147 ▲ 1.77% SILVER 53.42 ▲ 3.12% SOY 1,187 ▼ 0.17% CORN 438.75 ▼ 0.62% WHEAT 587.50 ▼ 0.63% COFFEE 266.70 ▼ 4.75% SUGAR 18.21 ▼ 0.16% ORANGE JUICE 143.50 ▲ 7.85% COTTON 78.65 ▼ 0.58% COCOA 5,113 ▼ 0.81% BEEF 216.33 ▲ 1.06% CATTLE 324.80 ▲ 0.77% LITHIUM 61.35 ▲ 0.72% PETR4 45.19 ▼ 0.24% VALE3 66.11 ▲ 3.23% ITUB4 41.72 ▲ 2.94% BBDC4 14.68 ▲ 3.38% ABEV3 15.61 ▲ 0.84% BBAS3 17.02 ▼ 0.64% B3SA3 14.85 ▲ 3.20% WEGE3 50.74 ▲ 5.29% PRIO3 59.39 ▼ 1.80% SUZB3 54.20 ▲ 1.50% RENT3 30.83 ▲ 1.78% AZZA3 15.12 ▲ 2.44% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.43 ▲ 1.25% GMAT3 3.83 ▲ 0.79% PSSA3 45.65 ▲ 2.93% CVCB3 0.87 ▲ 3.57% POSI3 3.03 ▼ 1.94% SLCE3 17.30 ▲ 4.15% NATU3 5.71 ▲ 10.44% BRKM5 3.02 ▼ 5.63% RANI3 8.76 ▲ 3.44% CSNA3 4.49 ▲ 1.81%
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Tuesday, November 10, 2026

Latin America Politics - Brazil

Brazil’s Court Rejects Lula’s Pleas to Stay Out of Jail

By · · 3 min read

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil’s Supreme Court denied former president Luiz Inacio Lula da Silva’s habeas corpus request to remain free while appealing his twelve year one month conviction. With the Court’s six votes to five decision to reject the habeas corpus, the former two-term president may be arrested at any time.

Brazil,Brazil's Supreme Court decided on Wednesday not grant former president Lula an habeas corpus, allowing for his incarceration,
Brazil’s Supreme Court decided on Wednesday not grant former president Lula an habeas corpus, allowing for his incarceration, photo by Jose Cruz/Agencia Brasil.
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“I believe there is no rupture or challenge of the principle of the presumption of innocence with the beginning of the sentence after the second instance,” said Supreme Court Chief Justice, Carmen Lucia Rocha while delivering her vote to reject the plea and allow Lula’s jail conviction.

The over nine hours of voting and sometimes heated debates among the Justices came to its apex around 7:30PM, when Justice Rosa Weber cast her vote to reject Lula’s request. Justice Weber was considered the deciding vote of the Court, since all of the others, except her, had expressed their opinions on the matter before the session.

Lula’s defense has already stated that it will file a new appeal in the Regional Court (TRF4) which convicted the former leader for corruption and money laundering and has rejected an appeal already once.

The former president who started out as a labor leader, spent most of the day at the Metalworkers Union headquarters, leaving almost at the end of the session without speaking to supporters nor journalists.

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Most of Brazil’s political parties released statements on the decision minutes after Chief Justice Rocha declared her vote. With the exception of Lula’s PT (Workers Party) and the extreme left PSOL (Socialism and Liberty Party) all others praised the outcome.

“A decision in the opposite direction would frustrate society and highlight the feeling of defeat in the fight against impunity,” stated Nilson Leitão, leader of the PSDB (Brazilian Socialist Democratic Party) in the Chamber of Deputies.

Brazil,Two-term president, Luiz Inacio Lula da Silva is seen by many as the 'father of the poor', due to his government's social programs
Two-term president, Luiz Inacio Lula da Silva is seen by many as the ‘father of the poor’, due to his government’s social programs, photo by Deputado Rosemberg/Flickr.

Lula’s party however disagreed. “There is a combination of political and economic interests against the country and its sovereignty, against the democratic process against the Brazilian people,” stated the note released by the PT.

“The nation and the international community know that Lula has been convicted without evidence in an illegal process. Lula is innocent and this will be proclaimed in a fair trial,” concluded the party.

Left-wing militants who kept vigil in many cities throughout Brazil on Wednesday were disappointed and angry about the outcome. According to daily Folha de S. Paulo, several leaders, including MST (landless peasant movement) leader Alexandre Conceição threatened
to occupy ‘all public buildings’ and ‘all lands’.

“There will be no land that will not be occupied, there will be no seclusion. There will be no public building that will not be occupied,” he told a frenzied crowd in Brasilia. “There is no more dancing around. It’s combat, it’s war, it’s a battle and we will win,” he said, according to the newspaper report. Later, however he reversed his discourse, preaching ‘peace, democracy, not military intervention’.

International left-wing groups also weighed in on Wednesday’s Supreme Court decision, Lula’s fate and Brazil’s democracy.

Early Thursday morning, the former Brazilian leader known as the ‘father of the poor’ received support from members of the Parlasur (Mercosur Parliament), the European United Left-Nordic Green Left (a left-wing political group in the European Parliament), as well the Andean Parliament and the Latin American Parliament, according to the document sent to news agency EFE by representatives of the Parlasur, headquartered in Montevideo, Uruguay.

“European and Latin American legislators express our concern over the Brazilian democracy and we reject another violation applied by the Judiciary against the Brazilian Constitution and the due process of law,” said document according to EFE.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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