IBOV 177,512.41 ▼ 0.27% IPSA 11,014.88 ▼ 0.02% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,287,637 ▼ 0.11% COLCAP 2,382.69 ▼ 0.39% BVL PERÚ 57,378.30 — — USD/BRL5.09▲ 0.25% USD/MXN17.33▲ 0.09% USD/CLP924.54▼ 0.70% USD/COP3,229▲ 0.83% USD/PEN3.39▲ 0.09% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.00▲ 0.02% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.13% USD/TTD6.74▲ 0.40% EUR/BRL5.86▼ 0.08% BRENT 83.72 ▼ 7.10% WTI 80.40 ▼ 5.04% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.55% GOLD 4,093 ▲ 1.08% SILVER 58.09 ▲ 0.86% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% 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 69.24 ▲ 0.03% PETR4 42.87 ▼ 1.27% VALE3 74.44 ▼ 2.41% ITUB4 42.98 ▲ 0.25% BBDC4 18.52 ▲ 0.59% ABEV3 15.76 ▼ 1.44% BBAS3 21.29 ▼ 0.28% B3SA3 15.62 ▼ 0.70% WEGE3 48.35 ▲ 2.44% PRIO3 58.98 ▼ 3.07% SUZB3 43.41 ▲ 0.21% RENT3 37.99 ▲ 1.01% AZZA3 16.08 ▼ 2.07% CSAN3 4.10 ▲ 0.74% RAIZ4 0.25 ▼ 3.85% PCAR3 2.70 ▲ 4.25% GMAT3 3.98 ▼ 1.24% PSSA3 54.43 ▼ 0.49% CVCB3 1.41 ▲ 7.63% POSI3 3.52 ▼ 0.85% SLCE3 13.45 ▲ 0.52% NATU3 8.46 ▲ 0.95% BRKM5 5.90 ▼ 1.17% RANI3 8.43 ▲ 3.95% CSNA3 4.57 ▼ 5.58% CMIN3 5.70 ▼ 0.18% USIM5 7.56 ▲ 2.72% GGBR4 25.34 ▲ 1.44% ENEV3 26.78 ▲ 1.79% CPFE3 45.92 ▼ 0.48% CMIG4 11.18 ▼ 1.41% EQTL3 38.77 ▲ 0.28% LREN3 13.80 ▲ 1.47% VIVT3 32.39 ▼ 0.74% RAIL3 14.17 ▼ 1.87% KLABIN 18.30 ▲ 0.27% RAIA DROGASIL 18.48 — 0.00% RDOR3 34.00 ▼ 1.85% HAPV3 11.83 ▲ 4.88% FLRY3 17.28 ▲ 0.82% SMTO3 14.35 ▼ 1.17% UGPA3 33.01 ▼ 0.12% VBBR3 36.25 ▲ 0.55% BBSE3 41.59 ▲ 0.80% BPAC11 57.22 ▲ 0.74% CURY3 31.37 ▲ 4.25% AERI3 2.15 — 0.00% VIVARA 22.72 ▲ 2.43% COMPASS 24.86 ▲ 0.08% VAMOS 3.27 ▼ 2.10% SANB11 28.91 ▲ 1.01% ASAI3 8.46 ▼ 0.47% SBSP3 27.28 ▼ 1.52% WALMEX 49.86 ▼ 0.78% GMEXICO 212.82 ▲ 2.46% FEMSA 217.50 ▼ 1.78% CEMEX 20.61 ▲ 0.49% GFNORTE 198.72 ▼ 0.93% BIMBO 61.35 ▼ 0.98% TELEVISA 9.69 ▼ 1.22% AMX 21.60 ▼ 2.13% GAP 376.32 ▼ 0.06% ASUR 276.41 ▲ 0.29% OMA 230.66 ▼ 0.29% KOF 185.65 ▼ 0.86% GRUMA 263.81 ▲ 2.16% KIMBER 40.15 ▼ 0.12% SQM-B 61,800 ▼ 1.44% COPEC 6,275 ▼ 1.18% BSANTANDER 80.12 ▼ 1.07% FALABELLA 6,325 ▲ 1.75% ENELAM 87.49 ▼ 0.57% CENCOSUD 1,958 ▲ 0.16% CMPC 1,066 ▲ 1.00% BANCO CHILE 191.41 ▼ 1.19% LATAM AIR 25.22 ▲ 1.94% YPF 8,135 ▼ 1.87% GGAL 7,995 ▲ 1.44% PAMPA 5,515 ▼ 0.72% TXAR 655.00 ▼ 0.68% ALUAR 967.50 ▼ 1.02% TGS 9,870 ▼ 1.79% CEPU 2,387 ▼ 0.38% MIRGOR 1,655 ▼ 89.88% COME 43.38 ▼ 1.48% LOMA NEGRA 3,565 ▼ 1.52% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,395 ▼ 0.28% ECOPETROL 16.57 ▼ 1.19% BANCOLOMBIA 90.99 ▼ 1.65% GRUPO AVAL 5.20 ▼ 1.52% CREDICORP 397.56 ▼ 0.75% SOUTHERN COPPER 185.92 ▲ 1.76% BUENAVENTURA 30.31 ▲ 0.10% MERCADOLIBRE 1,891 ▲ 0.69% NUBANK 14.51 ▲ 1.26% XP 17.08 ▲ 0.09% PAGSEGURO 9.69 ▲ 0.47% STONE 11.32 ▼ 0.53% GLOBANT 37.37 ▲ 2.09% TECNOGLASS 46.36 ▲ 6.72% GAP AIRPORT 217.35 — 0.00% ASUR 276.41 ▲ 0.29% OMA AIRPORT 106.40 ▼ 0.47% AMX ADR 24.85 ▼ 1.97% FEMSA ADR 125.40 ▼ 2.02% CEMEX ADR 11.87 ▲ 0.38% PETROBRAS ADR 19.04 ▼ 1.88% VALE ADR 14.59 ▼ 3.15% ITAU ADR 8.46 — 0.00% SANTANDER BR 5.72 ▲ 0.88% AMBEV ADR 3.05 ▼ 1.93% CSN 0.92 ▼ 7.00% GERDAU 5.00 ▲ 0.71% LATAM ADR 54.59 ▲ 3.47% BTC 63,794 ▲ 0.49% ETH 1,867 ▼ 0.82% SOL 73.92 ▲ 0.64% XRP 1.08 ▼ 0.38% BNB 590.64 ▲ 0.52% ADA 0.19 ▲ 2.72% DOGE 0.07 ▼ 0.54% AVAX 6.54 ▼ 0.02% LINK 8.23 ▼ 1.70% DOT 0.83 ▲ 3.79% LTC 44.14 ▼ 1.11% BCH 214.06 ▲ 0.72% TRX 0.33 ▲ 0.71% XLM 0.17 ▼ 1.32% HBAR 0.07 ▲ 0.90% NEAR 1.75 ▲ 1.83% ATOM 1.34 ▲ 6.18% AAVE 93.08 ▲ 1.17% SELIC 14.25% EMBRAER 90.60 ▲ 4.27% EMBRAER ADR 71.25 ▲ 4.27% JBS 13.84 ▼ 1.32% JBS BDR 70.23 ▼ 0.66% MBRF3 17.75 ▲ 1.20% MBRFY 3.42 ▼ 0.58% INTER 5.62 ▲ 0.36% EGX 54,094 ▼ 0.35% USD/ZAR16.53▼ 0.12% USD/NGN1,361▲ 0.07% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY156.84▼ 0.39% USD/CNY6.74▼ 0.12% 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▼ 0.25% GBP/USD1.34▼ 0.43% SPX 7,604 ▲ 1.53% DJI 53,145 ▲ 1.26% NDX 28,787 ▲ 1.81% RUT 2,980 ▲ 1.65% TSX 35,226 ▼ 0.79% VIX 15.77 ▼ 1.38% USD/CAD1.40▲ 0.25% US10Y 4.6880 ▼ 1.20% IBOV 177,512.41 ▼ 0.27% IPSA 11,014.88 ▼ 0.02% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,287,637 ▼ 0.11% COLCAP 2,382.69 ▼ 0.39% BVL PERÚ 57,378.30 — — USD/BRL 5.09 ▲ 0.25% USD/MXN 17.33 ▲ 0.09% USD/CLP 924.54 ▼ 0.70% USD/COP 3,229 ▲ 0.83% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,494 ▲ 0.57% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 58.00 ▲ 0.02% 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 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.24% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.86 ▼ 0.08% BRENT 83.72 ▼ 7.10% WTI 80.40 ▼ 5.04% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.55% GOLD 4,093 ▲ 1.08% SILVER 58.09 ▲ 0.86% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% 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 69.24 ▲ 0.03% PETR4 42.87 ▼ 1.27% VALE3 74.44 ▼ 2.41% ITUB4 42.98 ▲ 0.25% BBDC4 18.52 ▲ 0.59% ABEV3 15.76 ▼ 1.44% BBAS3 21.29 ▼ 0.28% B3SA3 15.62 ▼ 0.70% WEGE3 48.35 ▲ 2.44% PRIO3 58.98 ▼ 3.07% SUZB3 43.41 ▲ 0.21% RENT3 37.99 ▲ 1.01% AZZA3 16.08 ▼ 2.07% CSAN3 4.10 ▲ 0.74% RAIZ4 0.25 ▼ 3.85% PCAR3 2.70 ▲ 4.25% GMAT3 3.98 ▼ 1.24% PSSA3 54.43 ▼ 0.49% CVCB3 1.41 ▲ 7.63% POSI3 3.52 ▼ 0.85% SLCE3 13.45 ▲ 0.52% NATU3 8.46 ▲ 0.95% BRKM5 5.90 ▼ 1.17% RANI3 8.43 ▲ 3.95% CSNA3 4.57 ▼ 5.58% CMIN3 5.70 ▼ 0.18% USIM5 7.56 ▲ 2.72% GGBR4 25.34 ▲ 1.44% ENEV3 26.78 ▲ 1.79% CPFE3 45.92 ▼ 0.48% CMIG4 11.18 ▼ 1.41% EQTL3 38.77 ▲ 0.28% LREN3 13.80 ▲ 1.47% VIVT3 32.39 ▼ 0.74% RAIL3 14.17 ▼ 1.87% KLABIN 18.30 ▲ 0.27% RAIA DROGASIL 18.48 — 0.00% RDOR3 34.00 ▼ 1.85% HAPV3 11.83 ▲ 4.88% FLRY3 17.28 ▲ 0.82% SMTO3 14.35 ▼ 1.17% UGPA3 33.01 ▼ 0.12% VBBR3 36.25 ▲ 0.55% BBSE3 41.59 ▲ 0.80% BPAC11 57.22 ▲ 0.74% CURY3 31.37 ▲ 4.25% AERI3 2.15 — 0.00% VIVARA 22.72 ▲ 2.43% COMPASS 24.86 ▲ 0.08% VAMOS 3.27 ▼ 2.10% SANB11 28.91 ▲ 1.01% ASAI3 8.46 ▼ 0.47% SBSP3 27.28 ▼ 1.52% WALMEX 49.86 ▼ 0.78% GMEXICO 212.82 ▲ 2.46% FEMSA 217.50 ▼ 1.78% CEMEX 20.61 ▲ 0.49% GFNORTE 198.72 ▼ 0.93% BIMBO 61.35 ▼ 0.98% TELEVISA 9.69 ▼ 1.22% AMX 21.60 ▼ 2.13% GAP 376.32 ▼ 0.06% ASUR 276.41 ▲ 0.29% OMA 230.66 ▼ 0.29% KOF 185.65 ▼ 0.86% GRUMA 263.81 ▲ 2.16% KIMBER 40.15 ▼ 0.12% SQM-B 61,800 ▼ 1.44% COPEC 6,275 ▼ 1.18% BSANTANDER 80.12 ▼ 1.07% FALABELLA 6,325 ▲ 1.75% ENELAM 87.49 ▼ 0.57% CENCOSUD 1,958 ▲ 0.16% CMPC 1,066 ▲ 1.00% BANCO CHILE 191.41 ▼ 1.19% LATAM AIR 25.22 ▲ 1.94% YPF 8,135 ▼ 1.87% GGAL 7,995 ▲ 1.44% PAMPA 5,515 ▼ 0.72% TXAR 655.00 ▼ 0.68% ALUAR 967.50 ▼ 1.02% TGS 9,870 ▼ 1.79% CEPU 2,387 ▼ 0.38% MIRGOR 1,655 ▼ 89.88% COME 43.38 ▼ 1.48% LOMA NEGRA 3,565 ▼ 1.52% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,395 ▼ 0.28% ECOPETROL 16.57 ▼ 1.19% BANCOLOMBIA 90.99 ▼ 1.65% GRUPO AVAL 5.20 ▼ 1.52% CREDICORP 397.56 ▼ 0.75% SOUTHERN COPPER 185.92 ▲ 1.76% BUENAVENTURA 30.31 ▲ 0.10% MERCADOLIBRE 1,891 ▲ 0.69% NUBANK 14.51 ▲ 1.26% XP 17.08 ▲ 0.09% PAGSEGURO 9.69 ▲ 0.47% STONE 11.32 ▼ 0.53% GLOBANT 37.37 ▲ 2.09% TECNOGLASS 46.36 ▲ 6.72% GAP AIRPORT 217.35 — 0.00% ASUR 276.41 ▲ 0.29% OMA AIRPORT 106.40 ▼ 0.47% AMX ADR 24.85 ▼ 1.97% FEMSA ADR 125.40 ▼ 2.02% CEMEX ADR 11.87 ▲ 0.38% PETROBRAS ADR 19.04 ▼ 1.88% VALE ADR 14.59 ▼ 3.15% ITAU ADR 8.46 — 0.00% SANTANDER BR 5.72 ▲ 0.88% AMBEV ADR 3.05 ▼ 1.93% CSN 0.92 ▼ 7.00% GERDAU 5.00 ▲ 0.71% LATAM ADR 54.59 ▲ 3.47% BTC 63,794 ▲ 0.49% ETH 1,867 ▼ 0.82% SOL 73.92 ▲ 0.64% XRP 1.08 ▼ 0.38% BNB 590.64 ▲ 0.52% ADA 0.19 ▲ 2.72% DOGE 0.07 ▼ 0.54% AVAX 6.54 ▼ 0.02% LINK 8.23 ▼ 1.70% DOT 0.83 ▲ 3.79% LTC 44.14 ▼ 1.11% BCH 214.06 ▲ 0.72% TRX 0.33 ▲ 0.71% XLM 0.17 ▼ 1.32% HBAR 0.07 ▲ 0.90% NEAR 1.75 ▲ 1.83% ATOM 1.34 ▲ 6.18% AAVE 93.08 ▲ 1.17% SELIC 14.25% EMBRAER 90.60 ▲ 4.27% EMBRAER ADR 71.25 ▲ 4.27% JBS 13.84 ▼ 1.32% JBS BDR 70.23 ▼ 0.66% MBRF3 17.75 ▲ 1.20% MBRFY 3.42 ▼ 0.58% INTER 5.62 ▲ 0.36% EGX 54,094 ▼ 0.35% USD/ZAR 16.53 ▼ 0.09% USD/NGN 1,361 ▼ 0.23% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY 156.87 ▼ 0.34% USD/CNY 6.7434 ▼ 0.02% 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 1.1515 ▼ 0.10% GBP/USD 1.3429 ▼ 0.43% SPX 7,604 ▲ 1.53% DJI 53,145 ▲ 1.26% NDX 28,787 ▲ 1.81% RUT 2,980 ▲ 1.65% TSX 35,226 ▼ 0.79% VIX 15.77 ▼ 1.38% USD/CAD 1.4041 ▲ 0.17% US10Y 4.6880 ▼ 1.20%
since 2009
Monday, August 3, 2026

Analysis: An Evangelical Vice-President For Bolsonaro?

By · August 11, 2020 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – President Jair Bolsonaro has conceded to allies that he may have an evangelical as his vice-president on the 2022 ballot.

He holds in the religious some some of the most significant endorsers of his government, and who were instrumental in his election campaign. Some leaders even ceded their temples for political rallies.

The three cabinet ministers-pastors, who lead the Human Rights, Education, and Justice Ministries, are evidence of the President’s gratitude. But Bolsonaro wants to amplify this symbiosis.

Brazilian President Jair Bolsonaro.
Brazilian President Jair Bolsonaro. (Photo: internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

Even when clothed as a “peace-and-love Bolsonaro” and restrained in his statements since the arrest of the family’s former handyman Fabrício Queiroz, the President will bet heavily on the conservative agenda as a tool to be reelected.

According to government allies, the most plausible option now is to redirect the polarization narrative through the traditional agenda, which favors a pastor in the next election. This would remove Vice-President Hamilton Mourão from the race, whose relationship with Bolsonaro has had more low than high points over the past 20 months of government.

The nods to the evangelical sector are not new, and extend beyond the allocation of positions in the government’s top echelon. In addition to always stressing that the first lady professes the faith, the President, who says he is Catholic, has already pledged a position as a Justice of the Supreme Court (STF) for a “terribly evangelical” person, like Pastor André Mendonça, the current Minister of Justice.

It turns out that other candidates in Brasília’s favorite guessing game are being given consideration for the first position to open this November, when Justice Celso de Mello must retire. One possibility is the chief judge of Brazil’s second-highest court, the Superior Court of Justice (STJ), João Otávio de Noronha, who was responsible for granting Queiroz house arrest during the court’s recess.

According to government allies, this deferment in the appointment of an evangelical justice to the STF is another factor that increases the likelihood of a pastor as vice-president in 2022.

It would be a way to offset the loss of the post at the highest court in the country. André Mendonça is said to have lost steam in the race for the second position, which will open next year, due to the creation of files within the Ministry of Justice against political opponents – a case disclosed by UOL journalist Rubens Valente.

Everything in politics changes very quickly. As taught by the late Senator Magalhães Pinto, a former Governor of Minas Gerais, it’s like a cloud. “You look and it’s one way. You look again and it’s already changed.” But the recent turbulent winds against the government, when the President was on the verge of being impeached, led to this scenario, in which the evangelicals and the centrão [congressional bloc] will be increasingly used as a crutch.

Another example of the President’s fondness of the churches was the request for the tax reform, currently in Congress, to preserve the tax benefits granted to religious temples. The replacement of the PIS and COFINS (Program of Social Integration and Contribution for the Financing of Social Security) by the Social Contribution on Operations with Goods and Services (CBS) will not affect the constitutional immunity against taxes enjoyed by churches.

This means that churches will continue to enjoy this financial privilege. Internally, within the government, the aim is to try, if possible, to extend aid to pastors during the reform process.

This is the reelection mode emerging from Bolsonaro’s head, ever obsessed with the issue, and spreading throughout the government. All this with one – and only one – goal in mind: to preserve the loyalty of evangelicals, who today represent almost 30 percent of the electorate in Brazil. According to the President, 2022 is right around the corner.

Source: Veja

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.