IBOV 166,191.45 ▼ 0.82% IPC MEX 71,033.20 ▲ 0.30% MERVAL 2,848,945 — — USD/BRL5.49▲ 0.51% USD/MXN18.72▲ 0.51% USD/CLP977.69▲ 1.16% USD/COP3,230▼ 0.63% USD/PEN3.44▼ 0.01% USD/ARS1,545▼ 0.19% USD/UYU40.22▲ 3.24% USD/PYG6,358▲ 9.88% USD/BOB11.92▲ 1.74% USD/DOP59.80▼ 1.16% USD/CRC449.63▲ 2.27% USD/GTQ7.64▲ 3.16% USD/HNL26.87▼ 0.09% USD/NIO36.62▲ 0.07% USD/VES892.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.67% USD/TTD6.64▲ 1.14% EUR/BRL6.17▲ 0.44% BRENT 99.36 ▲ 1.09% WTI 91.16 ▲ 0.71% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.37% GOLD 4,075 ▼ 0.93% SILVER 51.86 ▼ 0.72% SOY 1,192 ▲ 0.91% CORN 440.50 ▲ 0.11% WHEAT 597.00 ▼ 0.38% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▲ 0.13% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74% IBOV 166,191.45 ▼ 0.82% IPC MEX 71,033.20 ▲ 0.30% MERVAL 2,848,945 — — USD/BRL 5.49 ▲ 0.51% USD/MXN 18.72 ▲ 0.52% USD/CLP 977.69 ▲ 1.16% USD/COP 3,230 ▼ 0.63% USD/PEN 3.44 ▼ 0.02% USD/ARS 1,545 ▼ 0.19% USD/UYU 40.22 ▲ 3.24% USD/PYG 6,358 ▲ 9.88% USD/BOB 11.92 ▲ 1.74% USD/DOP 59.80 ▼ 1.16% USD/CRC 449.63 ▲ 2.27% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.87 ▼ 0.09% USD/NIO 36.62 ▲ 0.07% USD/VES 892.65 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.67% USD/TTD 6.64 ▲ 1.14% EUR/BRL 6.17 ▲ 0.44% BRENT 99.36 ▲ 1.09% WTI 91.16 ▲ 0.71% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.37% GOLD 4,075 ▼ 0.93% SILVER 51.86 ▼ 0.72% SOY 1,192 ▲ 0.91% CORN 440.50 ▲ 0.11% WHEAT 597.00 ▼ 0.38% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▲ 0.13% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74%
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Politics - Brazil Rio de Janeiro

Brazil’s PT Forced to Choose Presidential Candidate to Substitute Lula

By · September 11, 2018 · 2 min read

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil’s PT (Workers Party) has until the end of the day on Tuesday (September 11th) to present a substitute for presidential candidate Luiz Inacio Lula da Silva, after the Supreme Electoral Court (TSE) rejected the political party’s latest appeal. Lawyers for the ex-president argue that he may continue to lead the ticket as long as he is appealing his conviction.

Brazil,Due to Lula's candidacy ban, PT is likely to be forced to substitute him for Fernando Haddad.
Due to Lula’s candidacy ban, PT is likely to be forced to substitute him for Fernando Haddad.
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“In legal terms and according to consolidated jurisprudence, before the Lula case it was possible to continue campaigning while the registration was being reviewed,” stated the defense. “This simply ended in the Lula trial,” added the lawyers.

On September 1st by six votes to one, the TSE rejected Lula’s candidacy based on the Lei da Ficha Limpa (Clean Slate Law), and gave the coalition of political parties supporting the former leader ten days to replace the ex-president on the ticket.

Over the weekend the TSE’s president Justice Rosa Weber rejected the extension request made by Lula’s political party, stating that there was no ‘justification’ for the delay.

The former leader has been in jail since April, when he was convicted of passive corruption and money laundering and sentenced to twelve years and one month in prison.

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Lawyers from the PT party have argued that the deadline should be on September 17th (deadline for replacement of all candidates from all parties), and that there was not enough time for the coalition to meet and discuss the replacement.

The PT party says that it will continue to insist on Lula’s candidacy until all legal channels are exhausted, but has already signaled that the former Brazilian president may be replaced by former Education Minister Fernando Haddad.

Haddad has taken to the campaign trail, along with Manoela D’Avila, who abandoned her presidential aspirations to possibly become Haddad’s running mate in the PT-led coalition ticket.

Haddad is currently trailing in fifth position in the voter intention polls, with only nine percent of voters stating they would vote for the former São Paulo City mayor. Before Lula was pronounced ineligible to run due to his conviction, the former president had over thirty percent of voter intention.

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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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