IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.60▲ 0.22% USD/MXN18.67▲ 0.38% USD/CLP987.78▲ 0.51% USD/COP3,274▼ 1.01% USD/PEN3.41▼ 0.05% USD/ARS1,544▼ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 3.14% USD/BOB11.63▲ 0.92% USD/DOP60.60▲ 0.25% USD/CRC446.01▲ 1.79% USD/GTQ7.64▲ 3.16% USD/HNL26.90▲ 3.29% 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/BRL6.21▼ 0.40% BRENT 92.16 ▼ 0.65% WTI 85.80 ▼ 0.84% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.95% GOLD 3,950 ▼ 1.27% SILVER 51.00 ▼ 1.71% SOY 1,229 ▼ 0.02% CORN 447.75 ▼ 0.06% WHEAT 596.25 ▼ 0.54% COFFEE 269.70 ▲ 0.26% SUGAR 18.13 ▼ 1.89% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,075 ▲ 3.42% 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 5.59 ▲ 0.20% USD/MXN 18.67 ▲ 0.35% USD/CLP 987.43 ▲ 0.47% USD/COP 3,274 ▼ 1.01% USD/PEN 3.41 ▼ 0.05% 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 60.60 ▲ 0.25% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.90 ▲ 3.29% 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 6.20 ▼ 0.46% BRENT 92.16 ▼ 0.65% WTI 85.80 ▼ 0.84% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.95% GOLD 3,950 ▼ 1.27% SILVER 51.00 ▼ 1.71% SOY 1,229 ▼ 0.02% CORN 447.75 ▼ 0.06% WHEAT 596.25 ▼ 0.54% COFFEE 269.70 ▲ 0.26% SUGAR 18.13 ▼ 1.89% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,075 ▲ 3.42% 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

Politics - Brazil Rio de Janeiro

Brazil’s Bolsonaro Faces One of the Worst Weeks of Presidency So Far

By · · 3 min read

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Not even three months into his term and the government of Brazil’s President Jair Bolsonaro is already under fire, with criticism being hurled at his cabinet and himself. This week has been particularly tense for the administration.

Brazil,President Jair Bolsonaro waves to reporters after ceremony in Brasilia,
President Jair Bolsonaro waves to reporters after ceremony in Brasilia, photo by Antonio Cruz/Agencia Brasil.
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The tension between Bolsonaro and Chamber of Deputies’ president, Rodrigo Maia, seemed to have reached a highpoint on Wednesday with the President stating that Maia was ‘upset due to personal problems’, alluding to the arrest of his wife’s step-father, former Rio de Janeiro governor, Wellington Moreira Franco, for corruption.

Maia rebutted the statement asking Bolsonaro to ‘stop playing around and govern the country’.

In addition to the tension between Bolsonaro and Maia, cabinet members invited to Congress on Wednesday were put under the microscope by lawmakers.

Congressional representative, Tabata Amaral, was one of the lawmakers who criticized Education minister, Ricardo Velez Rodriguez for his lack of plans for the sector and the high number of dismissals of top educators from the ministry.

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“I have to regret what is happening, continue my education work, which did not start with this mandate, and hope you change your attitude – which seems completely unlikely – or quit as Minister of Education,” said Amaral to Velez Rodriguez during a hearing of the Education Commission in the Chamber of Deputies.

Brazil,Education Minister is criticized during a hearing of the Education Committee at the Chamber of Deputies,
Education Minister is criticized during a hearing of the Education Committee at the Chamber of Deputies, photo by Marcelo Camargo/Agencia Brasil.

Minister Velez Rodriguez answered he would not quit, “I only resign if the President of the Republic asks, if he thinks my collaboration is not being adequate.”

In another part of the Congressional building, Justice Minister, Sergio Moro, stated he would rather withdraw his bill than exclude the item on corruption during a hearing about his anti-crime project at the Senate’s Constitution and Justice Commission.

“No member of Congress has asked me to withdraw the items related to corruption. If there were such a request, I would never agree. I think the three themes are related, so I would prefer to withdraw the project,” he told a room full of lawmakers.

Meanwhile Economy Minister, Paulo Guedes, was also in Congress before the Senate’s Economic Affairs Committee to defend the Administration’s social security bill. Many of the lawmakers are wary of the changes proposed by Guedes and the minister was grilled by senators as he insisted that if the project is not approved the country would go into an economic tailspin.

With his popularity waning, analysts say Bolsonaro must get the support of Congress quickly and push forth projects which would boost consumer and investor confidence. If not, they say, the new administration may face tough years ahead.

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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