IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.01% USD/MXN18.56▼ 0.24% USD/CLP982.78— 0.00% USD/COP3,279▼ 0.87% USD/PEN3.41▼ 0.02% USD/ARS1,544▼ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 1.12% USD/DOP60.48▲ 0.05% USD/CRC446.01▲ 1.79% USD/GTQ7.64▲ 3.16% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.22% EUR/BRL6.19▼ 0.58% BRENT 92.03 ▼ 0.79% WTI 85.88 ▼ 0.75% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.92% GOLD 3,953 ▼ 1.18% SILVER 51.13 ▼ 1.45% SOY 1,226 ▼ 0.24% CORN 446.75 ▼ 0.28% WHEAT 596.25 ▼ 0.54% COFFEE 268.95 ▼ 0.02% SUGAR 18.08 ▼ 2.16% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,889 ▼ 0.37% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.57 ▼ 0.18% USD/CLP 982.08 ▼ 0.22% USD/COP 3,279 ▼ 0.87% USD/PEN 3.41 ▼ 0.02% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.48 ▲ 0.05% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.19 ▼ 0.59% BRENT 92.03 ▼ 0.79% WTI 85.88 ▼ 0.75% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.92% GOLD 3,953 ▼ 1.18% SILVER 51.13 ▼ 1.45% SOY 1,226 ▼ 0.24% CORN 446.75 ▼ 0.28% WHEAT 596.25 ▼ 0.54% COFFEE 268.95 ▼ 0.02% SUGAR 18.08 ▼ 2.16% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,889 ▼ 0.37% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20%
since 2009
Thursday, November 12, 2026

Brazil Court Ruling Throws Open Races for Congressional Leadership Positions

By · · 2 min read

RIO DE JANEIRO, BRAZIL – A decision by Brazil’s Supreme Court (STF), barring the current leaders of the Senate and Chamber of Deputies from re-election in February, has thrown open the race to replace them and cleared the way for a frenzied final few weeks of legislation this year.

Six of the top court’s 11 justices ruled late on Sunday, December 6th, in a remote vote, that the Constitution clearly prohibited the re-election of Senate President Davi Alcolumbre and Chamber President Rodrigo Maia.

The fight to control Congress has distracted lawmakers from a legislative agenda that includes dealing with the impact of the coronavirus pandemic, approving next year’s budget and advancing reform of Brazil’s byzantine tax code.

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In the lower chamber, Maia has increasingly become a critic of Bolsonaro’s leadership, and his allies are still favorites to retain the speakership. Maia told reporters he expects to get a chosen successor elected.
In the lower chamber, Rodrigo Maia has increasingly become a critic of Bolsonaro’s leadership.
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With the current leaders heading out the door, the struggle to control Congress will intensify between political parties backing far-right President Jair Bolsonaro and centrist ones trying to keep a distance, risk consultancy Arko Advice said.

Alcolumbre has backed Bolsonaro and the end of his mandate running the Senate in February will be a loss for the President in pushing through his conservative agenda. It could open the way for the largest party in the chamber, the Brazilian Democratic Movement (MDB), to regain the top job.

In the lower chamber, Maia has increasingly become a critic of Bolsonaro’s leadership, and his allies are still favorites to retain the speakership. Maia told reporters he expects to get a chosen successor elected.

“I would not call the court decision against Maia a victory for Bolsonaro, because the picture in the lower house will not change much,” said Arko partner Lucas de Aragão.

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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