IBOV 171,880.69 ▲ 0.32% IPC MEX 71,811.20 ▼ 0.27% MERVAL 2,848,945 — — USD/BRL5.66▲ 0.25% USD/MXN18.56▼ 0.20% USD/CLP1,001▲ 0.55% USD/COP3,310▲ 0.92% USD/PEN3.40▼ 0.14% USD/ARS1,548▲ 0.15% USD/UYU40.52▲ 3.32% USD/PYG6,185▲ 2.16% USD/BOB11.59▼ 0.37% USD/DOP60.59▲ 1.85% USD/CRC442.74▼ 0.10% USD/GTQ7.64▲ 2.06% USD/HNL26.91▲ 2.15% USD/NIO36.62▲ 1.57% USD/VES909.35▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 1.39% USD/TTD6.73▲ 1.21% EUR/BRL6.25▲ 1.02% BRENT 96.74 ▲ 0.96% WTI 89.08 ▲ 0.38% IRON ORE 161.91 — — COPPER 6.15 ▼ 0.48% GOLD 3,885 ▼ 0.02% SILVER 49.73 ▼ 0.48% SOY 1,232 ▲ 0.41% CORN 446.00 ▲ 0.79% WHEAT 590.75 ▲ 1.11% COFFEE 276.20 ▼ 1.43% SUGAR 18.44 ▲ 1.21% ORANGE JUICE 140.10 ▼ 0.60% COTTON 83.18 ▲ 5.73% COCOA 5,311 ▲ 4.84% BEEF 218.98 — 0.00% CATTLE 335.85 ▲ 0.97% LITHIUM 59.43 ▼ 2.69% PETR4 44.84 ▲ 0.31% VALE3 64.03 ▲ 0.13% ITUB4 41.98 ▲ 0.72% BBDC4 14.31 ▼ 0.07% ABEV3 15.74 ▼ 0.06% BBAS3 15.12 ▼ 2.33% B3SA3 14.57 ▼ 1.29% WEGE3 51.74 ▲ 0.17% PRIO3 63.30 — 0.00% SUZB3 55.68 ▼ 0.64% RENT3 30.03 ▲ 1.52% AZZA3 16.61 ▼ 1.72% CSAN3 3.00 ▲ 5.26% RAIZ4 20.00 ▼ 6.67% PCAR3 2.38 ▼ 0.42% GMAT3 4.07 ▲ 5.99% PSSA3 45.92 ▼ 0.04% CVCB3 0.84 — 0.00% POSI3 3.32 ▼ 1.48% SLCE3 18.54 ▲ 0.98% NATU3 5.24 ▼ 1.69% BRKM5 3.17 ▲ 3.26% RANI3 8.20 ▲ 0.24% CSNA3 4.06 ▼ 4.02% IBOV 171,880.69 ▲ 0.32% IPC MEX 71,811.20 ▼ 0.27% MERVAL 2,848,945 — — USD/BRL 5.66 ▲ 0.37% USD/MXN 18.55 ▼ 0.26% USD/CLP 999.11 ▲ 0.36% USD/COP 3,314 ▲ 1.05% USD/PEN 3.40 ▼ 0.14% USD/ARS 1,547 ▲ 0.11% USD/UYU 40.52 ▲ 2.14% USD/PYG 6,185 ▲ 2.16% USD/BOB 11.60 ▼ 0.28% USD/DOP 60.61 ▲ 1.88% USD/CRC 445.25 ▲ 0.47% USD/GTQ 7.65 ▲ 2.13% USD/HNL 26.90 ▲ 2.13% USD/NIO 36.62 ▲ 1.57% USD/VES 909.35 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 1.00% USD/TTD 6.71 ▲ 1.04% EUR/BRL 6.26 ▲ 1.12% BRENT 96.74 ▲ 0.96% WTI 89.08 ▲ 0.38% IRON ORE 161.91 — — COPPER 6.15 ▼ 0.48% GOLD 3,885 ▼ 0.02% SILVER 49.73 ▼ 0.48% SOY 1,232 ▲ 0.41% CORN 446.00 ▲ 0.79% WHEAT 590.75 ▲ 1.11% COFFEE 276.20 ▼ 1.43% SUGAR 18.44 ▲ 1.21% ORANGE JUICE 140.10 ▼ 0.60% COTTON 83.18 ▲ 5.73% COCOA 5,311 ▲ 4.84% BEEF 218.98 — 0.00% CATTLE 335.85 ▲ 0.97% LITHIUM 59.43 ▼ 2.69% PETR4 44.84 ▲ 0.31% VALE3 64.03 ▲ 0.13% ITUB4 41.98 ▲ 0.72% BBDC4 14.31 ▼ 0.07% ABEV3 15.74 ▼ 0.06% BBAS3 15.12 ▼ 2.33% B3SA3 14.57 ▼ 1.29% WEGE3 51.74 ▲ 0.17% PRIO3 63.30 — 0.00% SUZB3 55.68 ▼ 0.64% RENT3 30.03 ▲ 1.52% AZZA3 16.61 ▼ 1.72% CSAN3 3.00 ▲ 5.26% RAIZ4 20.00 ▼ 6.67% PCAR3 2.38 ▼ 0.42% GMAT3 4.07 ▲ 5.99% PSSA3 45.92 ▼ 0.04% CVCB3 0.84 — 0.00% POSI3 3.32 ▼ 1.48% SLCE3 18.54 ▲ 0.98% NATU3 5.24 ▼ 1.69% BRKM5 3.17 ▲ 3.26% RANI3 8.20 ▲ 0.24% CSNA3 4.06 ▼ 4.02%
since 2009
Friday, November 13, 2026

Politics - Brazil Rio de Janeiro

Cabinet Ministers Resign in Brazil Ahead of Second Term

By · · 2 min read

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – At least ten of Brazil’s 39 cabinet members resigned on Tuesday, including the country’s Chief of Staff, Aloisio Mercadante, and Justice Minister, Jose Eduardo Cardozo. According to Mercadante the move is an attempt to give President Dilma Rousseff total freedom to renew her entire cabinet for her second term.

Brazil's Chief of Staff, Aloisio Mercadante, says he handed in his resignation so that President Rousseff would be free to conduct ample cabinet reform, Rio de Janeiro, Brazil, Brazil News
Brazil’s Chief of Staff, Aloisio Mercadante, says he handed in his resignation so that President Rousseff would be free to conduct ample cabinet reform, photo by Elza Fiuza/Agencia Brasil.
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“It is a way to demonstrate publicly show the spirit of the (Presidential) campaign which preached ‘new team, new government’,” said Mercadante in an interview on Wednesday.

According to the Chief of Staff, the idea of having the entire cabinet resign so that the President could conduct an ample cabinet reform was supposed to be a surprise for when Rousseff returned from her trip to Australia, but the plan leaked to the press. The idea, said Mercadante, was conceived during an informal conversation between him, Miriam Belchior (Planning Minister) and Cardozo. Mercadante said that President Rousseff was not aware of the plan.

Among those cabinet members who, according to O Globo, have officially handed in their resignation are Mauro Borges (Development and Foreign Trade), Manoel Dias (Labor), Clélio Campolina (Science and Technology), Moreira Franco (Aviation), and José Henrique Paim (Education).

On Monday, Culture Minister Marta Suplicy announced she had handed in her resignation letter and was returning to her Senate seat. Unlike her colleagues, however, she urged President Rousseff in her letter to carefully choose a new and independent economic team, causing some discomfort in the administration.

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“What all of us, Brazilians, want at this moment is (economic team) to retrieve the confidence and credibility of the administration and one, which above all, is committed to a new agenda of growth and stability for our country,” stated Suplicy in her resignation letter.

In addition to the cabinet members who handed in their resignation letters this week, another important member of the Rousseff administration will not be returning to work on January 1st for another four years: Finance Minister Guido Mantega.

During her re-election campaign President Rousseff announced that she would change her economic team and that Mantega would only stay on as Finance Minister until December 31st. President Rousseff has public said more than once she does not have a specific date to announce the new cabinet, only that it will be done until the end of the year.

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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