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 7,601 ▲ 1.49% DJI 53,128 ▲ 1.22% NDX 28,773 ▲ 1.76% RUT 2,980 ▲ 1.67% TSX 35,226 ▼ 0.79% VIX 15.73 ▼ 1.63% USD/CAD1.40▲ 0.25% US10Y 4.6820 ▼ 1.33% 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 16.54 ▼ 0.04% 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 156.86 ▼ 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 1.1513 ▼ 0.12% GBP/USD 1.3429 ▼ 0.43% SPX 7,601 ▲ 1.49% DJI 53,128 ▲ 1.22% NDX 28,773 ▲ 1.76% RUT 2,980 ▲ 1.67% TSX 35,226 ▼ 0.79% VIX 15.73 ▼ 1.63% USD/CAD 1.4045 ▲ 0.20% US10Y 4.6820 ▼ 1.33%
since 2009
Monday, August 3, 2026

Brazil Politics - Brazil

Senate President Summons Session That Could Grant Congress Control Over R$42 Billion

By · March 1, 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 – Senate President Davi Alcolumbre has called a Congressional joint session for next Tuesday, March 3rd, at 2 PM, to vote on presidential vetoes. Among them, number 52, President Jair Bolsonaro’s partial veto of the bill that includes the so-called Appropriations Budget in the Budget Guidelines Act (LDO).

As O Estado de S. Paulo reported earlier this month, party leaders were willing to overturn Bolsonaro’s vetoes on the bill which requires the government to pay for all legislative amendments to the appropriations budget this year.

Senate President Davi Alcolumbre has called a Congressional joint session for next Tuesday, March 3rd, at 2 PM, to vote on presidential vetoes. Among them, number 52, President Jair Bolsonaro's partial veto of the bill that includes the so-called Tax Budget in the Budget Guidelines Act (LDO).
Senate President Davi Alcolumbre has called a Congressional joint session for next Tuesday, March 3rd, at 2 PM, to vote on presidential vetoes. (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 →

According to the text approved late last year, Congress would have control of R$46 billion in the budget. The bill also provided for stricter rules for payments, such as a 90-day deadline in the case of rapporteur’s amendments and penalties for the government in the event of non-compliance.

Following an agreement brokered by the Minister of the Secretariat of Government, Luiz Eduardo Ramos, legislators yielded and agreed to return R$11 billion to the Executive’s control.

Leaders of Congress also agreed to leave the 90-day deadline and the provision of penalties out of the law.

Nonetheless, the agreement was criticized internally by government members. The crisis erupted when Minister Augusto Heleno, of the Institutional Security Cabinet, accused the Legislative of “blackmailing” the government for funds.

The newspaper O Estado de S. Paulo reported that in a meeting with Bolsonaro he even spoke of a “silent coup”.

In closed meetings, Bolsonaro said he would not be a “hostage of Congress”, nor a “Queen of England”, with no power to execute the Budget.

Unhappy with the terms of the agreement, the president ordered a new round of negotiations and threatened to judicialize the issue if his vetoes were overturned.

‘Vem pra Rua’ (Come to the Street)

Despite not having joined the protests in defense of the government and against the National Congress and Judiciary scheduled for March 15th, the ‘Vem Pra Rua’ movement has been working to preserve the presidential veto on the Appropriations Budget. The group, which gained projection with the impeachment of ex-President Dilma Rousseff, launched the website veto52.com.br to pressure legislators to uphold Jair Bolsonaro’s veto.

According to the text approved late last year, Congress would have control of R billion in the budget. The bill also provided for stricter rules for payments, such as a 90-day deadline in the case of rapporteur's amendments and penalties for the government in the event of non-compliance.
According to the text approved late last year, Congress would have control of R$46 billion in the budget. (Photo internet reproduction)

“Congress cannot take control of R$30 billion in the budget. Don’t be an idiot. Log in,” the group says on social media posts.

On the website, the movement states its intention to “demand that all legislators uphold veto 52” and lists favorable, opposed and undecided legislators and senators regarding the veto.

The website provides the contact details of legislators, as well as the inquiries and lawsuits concerning politicians currently underway in the Federal Supreme Court (STF).

It further displays a graph showing the financial progress of each legislator and lists, month by month, the amount used from the congressional quota by members of Congress.

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.