IBOV 171,336.99 ▼ 0.52% IPC MEX 71,564.96 ▼ 0.42% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.01% USD/MXN18.57▼ 0.30% USD/CLP983.69▲ 1.70% USD/COP3,297▲ 0.69% USD/PEN3.42▲ 0.25% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.48% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.46▲ 0.10% USD/CRC445.62▲ 1.58% USD/GTQ7.64▲ 3.18% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.10% EUR/BRL6.23▲ 0.90% BRENT 92.25 ▲ 0.83% WTI 86.38 ▲ 0.40% IRON ORE 161.91 — — COPPER 6.33 ▲ 1.77% GOLD 4,069 ▲ 0.95% SILVER 53.04 ▲ 3.78% SOY 1,224 ▼ 0.02% CORN 449.25 ▲ 0.06% WHEAT 600.50 ▲ 1.31% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,564.96 ▼ 0.42% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.57 ▼ 0.28% USD/CLP 983.69 ▲ 1.70% USD/COP 3,297 ▲ 5.67% USD/PEN 3.42 ▲ 0.25% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.46 ▲ 0.10% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.23 ▲ 0.90% BRENT 92.25 ▲ 0.83% WTI 86.38 ▲ 0.40% IRON ORE 161.91 — — COPPER 6.33 ▲ 1.77% GOLD 4,069 ▲ 0.95% SILVER 53.04 ▲ 3.78% SOY 1,224 ▼ 0.02% CORN 449.25 ▲ 0.06% WHEAT 600.50 ▲ 1.31% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
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Wednesday, November 11, 2026

Brazil Politics - Brazil

Bolsonaro Admits He Still Lacks Enough Votes for Social Security Reform

By · · 2 min read

By Richard Mann, Contributing Reporter

RIO DE JANEIRO, BRAZIL – President Jair Bolsonaro admitted that the government has struggled to build a base in Congress sufficient to pass the proposed pension reform, and said he believes he does not yet have the 308 votes in the Chamber that are required to pass the proposed amendment to the Constitution (PEC),  but said that “undecided deputies are coming around”.

In a conversation with Ratinho, the president also said he was confident that the approval of the Social Security reform will unlock investments in Brazil
In a conversation with TV showman Ratinho, the president also said he was confident that the approval of the Social Security reform would unlock investments in Brazil.
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According to Bolsonaro, although “a minority” of deputies are opposed to changes in retirement rules, political attrition is hindering the project’s efforts to gain more significant support.

“Governors say they want to approve the reform, but they are having difficulty with their state delegations,” said the president in an interview given to ‘Programa do Ratinho,’ shown on Tuesday, June 4th.

Asked if the project has been “lengthy,” Bolsonaro stressed that the Chamber is complying with the procedural deadlines, despite the “noise,” and emphasized that he is available to discuss the reform in Parliament.

In a conversation with Ratinho, the president also said he was confident that the approval of the Social Security reform would unlock investments in Brazil. “By showing we’ve done our homework, the appeal will come through.”

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During the show, Bolsonaro and the presenter sought to highlight the benefits for workers intended by the reform and to clarify the population’s concerns regarding the project.

They also addressed arguments commonly used to refute the need for reform, such as companies’ debt to Social Security. “We are working in this direction (to charge the companies),” said Bolsonaro, citing legal measures.

Although the Social Welfare agenda was predominant, the president also commented on other administration proposals. He reaffirmed the intent to cut funds for NGOs that are not “well-intentioned,” such as those that “feed the Landless Movement (MST).” “In the Amazon, there are more NGOs than Indians,” he said.

Regarding public safety, Bolsonaro advocated for the decrees on possession and carrying of firearms issued by his government.

Questioned on the issue of excluding criminal liability for law enforcers, contained in Minister Sergio Moro’s anti-crime project, Bolsonaro replied that “if we put a weapon in the hands of the state police, it is to be used. If not, then leave them at home!”, he added.

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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