IBOV 171,324.31 ▼ 0.43% IPC MEX 71,674.32 ▼ 0.46% MERVAL 2,848,945 — — USD/BRL5.64▲ 1.06% USD/MXN18.58▼ 0.10% USD/CLP994.00▲ 1.14% USD/COP3,302▼ 0.16% USD/PEN3.41▼ 0.06% USD/ARS1,545▲ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,185▲ 3.33% USD/BOB11.60▲ 0.86% USD/DOP60.47▲ 0.03% USD/CRC445.25▲ 1.62% USD/GTQ7.65▲ 3.31% USD/HNL26.90▲ 3.30% USD/NIO36.62▲ 2.73% USD/VES909.35▲ 0.67% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 2.15% USD/TTD6.71▲ 2.19% EUR/BRL6.24▲ 0.10% BRENT 95.57 ▲ 3.03% WTI 88.44 ▲ 2.21% IRON ORE 161.91 — — COPPER 6.21 ▼ 1.11% GOLD 3,889 ▼ 2.79% SILVER 50.01 ▼ 3.62% SOY 1,220 ▼ 0.77% CORN 442.25 ▼ 1.28% WHEAT 582.50 ▼ 2.84% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 0.92% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42% IBOV 171,324.31 ▼ 0.43% IPC MEX 71,674.32 ▼ 0.46% MERVAL 2,848,945 — — USD/BRL 5.64 ▲ 1.06% USD/MXN 18.58 ▼ 0.09% USD/CLP 994.00 ▲ 1.14% USD/COP 3,302 ▼ 0.16% USD/PEN 3.41 ▼ 0.06% USD/ARS 1,545 ▲ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,185 ▲ 3.33% USD/BOB 11.60 ▲ 0.86% USD/DOP 60.47 ▲ 0.03% USD/CRC 445.25 ▲ 1.62% USD/GTQ 7.65 ▲ 3.31% USD/HNL 26.90 ▲ 3.30% USD/NIO 36.62 ▲ 2.73% USD/VES 909.35 ▲ 0.67% 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 6.24 ▲ 0.11% BRENT 95.57 ▲ 3.03% WTI 88.44 ▲ 2.21% IRON ORE 161.91 — — COPPER 6.21 ▼ 1.11% GOLD 3,889 ▼ 2.79% SILVER 50.01 ▼ 3.62% SOY 1,220 ▼ 0.77% CORN 442.25 ▼ 1.28% WHEAT 582.50 ▼ 2.84% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 0.92% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42%
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Friday, November 13, 2026

Brazil In-Depth - Brazil

Tension Between Bolsonaro and Brazil’s Northeast Continues

By · · 5 min read

SÃO PAULO, BRAZIL – Tension between the government of president Jair Bolsonaro and the governors of nine Northeastern Brazilian states continues high. In the past few weeks, President Bolsonaro has demeaned people from those states and his administration has withheld investments from the region in retaliation for not voting for him during the 2018 elections.

Brazil,Brazil's President Jair Bolsonaro wearing a typical Northeastern hat last week during an inauguration in the state of Bahia.
Brazil’s president Jair Bolsonaro wearing a typical Northeastern hat last week during an inauguration in the state of Bahia. (photo by Alan Santos/PR)
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“He seems to have some resentment of the region for not voting overwhelmingly on him (in the elections); a resentment he has not gotten over,” Marco Antonio Carvalho Teixeira, political scientist and professor at Fundação Getulio Vargas (FGV) tells The Rio Times.

During last year’s presidential elections, Bolsonaro only received 30.3 percent of the votes from the Northeast, against 69.7 percent given to his adversary, Fernando Haddad of PT (Workers’ Party). The northeast was the only region of the country where Bolsonaro lost the elections to Haddad.

Days after taking office, Bolsonaro stated he hoped that governors of the regions would not come to him for help. “For them there, their president is in Curitiba,” he said, alluding to former President Luiz Inacio Lula da Silva, in prison in the southern city of Brazil, after being convicted of corruption and money laundering.

“It would be important for democracy if Bolsonaro could get past this resentment. The election is over, he is now the president of all Brazilians,” notes Teixeira.

And the animosity seems to be spreading to other parts of the Bolsonaro administration.
On Friday, August 2nd, a report by daily Estado de S. Paulo revealed that since Bolsonaro’s administration took office at the beginning of the year, state-owned Caixa Economica Federal, one of the main sources of funds to the states, made about R$89 million in loans to the region, only 2.2 percent of the total distributed to the entire country during the same period.

Brazil,President of Caixa Economica Federal, Pedro Guimarães, is said to have boycotted funds to the Northeast.
President of Caixa Economica Federal, Pedro Guimarães, is said to have boycotted funds to the Northeast. (Photo by Valter Campanato/Agencia Brasil)

According to the newspaper, bank officials and the administration’s economic staff had confirmed, under the condition of anonymity, that they were instructed not to authorize funds to the region upon more than one occasion. In an official note, however, Caixa’s management denied the boycott.

Over the weekend, after the report, more funds were authorized, and the proportion given to one of the country’s poorest region is now up to three percent.

After derogatory remarks about the population living in the Northeast and telling his aides he would “not give these people anything”, Bolsonaro tried to apologize somewhat by visiting the northeastern state of Bahia. But the signs of regret were short-lived.

On Monday, August 5th, president Bolsonaro said he would not discriminate against the region. “I will not deny anything to the (Northeastern) states. But if they [governors] really want this all to be taken care of, they will have to say that they are working with president Jair Bolsonaro. Otherwise, I will not have a conversation with them,” he said after the inauguration of an energy complex in Sobradinho, Bahia.

The visit comes days after Bolsonaro gave the green light for the federal government to begin the process of privatization of Eletrobrás, another item of tension between the administration and the Northeast.

One of Eletrobras’ subsidiaries, Chesf, is responsible for twelve hydroelectric plants in the region. The governors of the region are vehemently opposed to the privatization of these plants and had signed a letter during the former Temer administration requesting the exclusion of Chesf from the privatization plan. Local media reported Bolsonaro as stating that the opposition to the privatization is due to the fact that “most of the governors in the Northeast are socialists”.

The outbursts by the president and measures adopted by his administration have, however, brought the region’s governors closer together.

Brazil,The Northeast of Brazil is one of the poorest regions of the country,
The Northeast of Brazil is one of the poorest regions of the country. (Photo courtesy of EBC)

“It has actually brought them closer and that is good for the region,” says Teixeira, adding that some governors, like Bahia’s Rui Costa, actually moved closer to his left-wing colleagues than before the outbursts.

This approximation was visible last week when the nine governors created the Northeastern Consortium, an entity that will enable closer partnerships between the states of the region.

There are fears that this spat between the region and the administration may spill onto the legislative arena and delay projects in Congress.

Professor Teixeira notes, however, that the current tension is unlikely to hinder on-going votes. The approval of social security reform is practically guaranteed both in the Chamber of Deputies, where it will be voted in a second round in the coming weeks, as well as in the Senate.

Teixeira, however, says the administration may find it more difficult to pass other legislation through the upper house in the future.

“There are three senators for each state in the federation, so the Northeastern region has 27 of the 84 votes. This is definitely a power to be reckoned with if they decide to vote on an issue as a group. There may be some retaliation in the future,” he says.

Teixeira also notes that the country will face municipal elections in 2020 and Bolsonaro may lose even more support in the region. “Next year’s municipal elections may be catastrophic for Bolsonaro.”

According to the professor, the president needs to make amends with the region. “He needs to start looking electorally towards the future, and stop looking at the past and those who voted for him in 2018,” concludes Teixeira.

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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