IBOV 167,674.89 ▼ 0.12% IPSA 11,003.17 ▼ 1.13% IPC MEX 65,860.95 ▲ 0.45% MERVAL 3,027,068 ▲ 0.15% COLCAP 2,429.93 ▲ 0.27% BVL PERÚ 58,737.38 ▲ 0.28% USD/BRL5.16▼ 0.02% USD/MXN17.06▼ 0.18% USD/CLP914.18▲ 0.06% USD/COP3,139— 0.00% USD/PEN3.37▼ 0.30% USD/ARS1,492▲ 0.07% USD/UYU40.27▲ 1.24% USD/PYG5,939▲ 1.68% USD/BOB11.64▼ 0.76% USD/DOP58.34▲ 1.25% USD/CRC445.92▲ 0.89% USD/GTQ7.62▲ 2.21% USD/HNL26.79▲ 1.57% USD/NIO36.62▲ 0.69% USD/VES762.44▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.70▲ 0.61% EUR/BRL5.95▲ 1.02% BRENT 88.52 ▼ 0.44% WTI 82.89 ▼ 0.37% IRON ORE 161.91 — — COPPER 6.62 ▲ 0.06% GOLD 4,467 ▲ 1.92% SILVER 65.68 ▲ 1.41% SOY 1,181 ▲ 2.90% CORN 478.00 ▲ 9.44% WHEAT 653.75 ▲ 3.73% COFFEE 317.70 ▼ 5.38% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.90 ▼ 0.22% COTTON 85.03 ▲ 2.33% COCOA 5,727 ▲ 3.32% BEEF 223.58 ▼ 3.94% CATTLE 339.35 ▼ 3.09% LITHIUM 75.26 ▲ 1.55% PETR4 41.72 ▲ 0.14% VALE3 73.10 ▲ 1.01% ITUB4 38.56 ▼ 1.13% BBDC4 16.85 ▲ 0.36% ABEV3 14.92 ▼ 0.60% BBAS3 19.29 ▲ 0.05% B3SA3 14.26 ▼ 0.21% WEGE3 47.62 ▲ 0.55% PRIO3 59.27 ▲ 0.03% SUZB3 41.41 ▲ 2.55% RENT3 34.48 ▼ 0.66% AZZA3 15.88 ▼ 2.70% CSAN3 3.20 ▼ 2.44% RAIZ4 0.25 — 0.00% PCAR3 2.76 — 0.00% GMAT3 3.65 ▼ 1.08% PSSA3 48.11 ▼ 0.58% CVCB3 1.26 ▼ 8.03% POSI3 3.33 ▲ 1.52% SLCE3 13.39 ▲ 0.68% NATU3 8.14 ▼ 0.73% BRKM5 5.68 ▲ 0.71% RANI3 7.94 ▲ 0.51% CSNA3 4.32 ▲ 0.93% CMIN3 5.58 ▲ 0.18% USIM5 6.55 ▼ 1.06% GGBR4 24.68 ▲ 2.15% ENEV3 24.31 ▼ 0.98% CPFE3 43.40 ▼ 0.57% CMIG4 10.37 ▼ 0.29% EQTL3 35.55 ▼ 0.73% LREN3 11.87 ▼ 1.33% VIVT3 29.94 ▼ 0.66% RAIL3 12.99 ▲ 0.23% KLABIN 17.70 ▲ 0.85% RAIA DROGASIL 17.90 ▼ 2.08% RDOR3 32.36 ▼ 2.44% HAPV3 9.62 ▼ 1.74% FLRY3 18.32 ▲ 0.72% SMTO3 14.58 ▼ 2.86% UGPA3 30.74 ▼ 0.81% VBBR3 33.44 ▲ 0.63% BBSE3 37.55 ▲ 0.78% BPAC11 50.36 ▲ 0.46% CURY3 31.13 ▼ 1.17% AERI3 2.18 ▼ 3.54% VIVARA 21.10 ▲ 1.01% COMPASS 21.86 ▲ 0.60% VAMOS 2.79 ▼ 0.36% SANB11 29.42 ▼ 0.34% ASAI3 8.07 ▼ 0.12% SBSP3 26.16 ▲ 0.65% WALMEX 48.14 ▼ 0.48% GMEXICO 222.84 ▲ 0.15% FEMSA 199.83 ▼ 0.91% CEMEX 19.29 ▲ 0.73% GFNORTE 193.91 ▲ 1.15% BIMBO 60.59 ▼ 1.59% TELEVISA 9.67 ▼ 0.21% AMX 19.75 ▼ 1.20% GAP 365.06 ▲ 0.10% ASUR 273.88 ▲ 0.82% OMA 232.73 ▲ 0.29% KOF 187.18 ▲ 0.40% GRUMA 251.80 ▼ 0.32% KIMBER 39.56 ▼ 0.03% SQM-B 65,144 ▼ 1.09% COPEC 5,960 ▼ 1.16% BSANTANDER 78.91 ▼ 1.61% FALABELLA 6,353 ▼ 1.18% ENELAM 87.12 ▲ 0.14% CENCOSUD 1,951 ▼ 1.93% CMPC 1,018 ▼ 2.12% BANCO CHILE 185.31 ▼ 0.82% LATAM AIR 24.05 ▼ 1.23% YPF 7,740 ▼ 0.64% GGAL 6,965 ▼ 1.00% PAMPA 5,090 ▲ 0.20% TXAR 750.00 ▼ 2.02% ALUAR 940.00 ▼ 1.00% TGS 8,790 ▼ 1.07% CEPU 2,140 ▲ 1.09% MIRGOR 1,650 ▼ 1.20% COME 40.93 ▼ 0.73% LOMA NEGRA 3,130 ▲ 0.08% BYMA 275.00 ▼ 1.70% TELECOM ARG 4,233 ▼ 0.70% ECOPETROL 16.95 ▼ 0.35% BANCOLOMBIA 96.52 ▼ 1.52% GRUPO AVAL 5.37 ▲ 2.09% CREDICORP 374.90 ▼ 0.56% SOUTHERN COPPER 193.17 ▼ 0.67% BUENAVENTURA 34.44 ▼ 1.03% MERCADOLIBRE 1,877 ▼ 3.23% NUBANK 13.48 ▼ 1.25% XP 15.56 ▲ 0.29% PAGSEGURO 8.68 ▼ 2.42% STONE 9.94 ▼ 0.25% GLOBANT 38.20 ▼ 2.01% TECNOGLASS 42.37 ▼ 0.94% GAP AIRPORT 213.94 ▲ 0.17% ASUR 273.88 ▲ 0.82% OMA AIRPORT 109.04 ▲ 0.59% AMX ADR 23.24 ▼ 0.81% FEMSA ADR 117.26 ▼ 0.82% CEMEX ADR 11.30 ▲ 0.94% PETROBRAS ADR 17.97 ▲ 0.22% VALE ADR 14.48 ▲ 1.12% ITAU ADR 7.45 ▼ 0.67% SANTANDER BR 5.75 ▼ 0.09% AMBEV ADR 2.85 ▲ 0.18% CSN 0.87 ▲ 0.01% GERDAU 4.82 ▲ 2.67% LATAM ADR 52.57 ▼ 0.83% BTC 63,403 ▼ 0.23% ETH 1,887 ▲ 0.30% SOL 75.93 ▼ 0.35% XRP 1.01 ▼ 1.28% BNB 610.53 ▼ 0.97% ADA 0.18 ▼ 2.29% DOGE 0.07 ▼ 1.53% AVAX 6.35 ▲ 0.47% LINK 8.76 ▼ 0.15% DOT 0.79 ▼ 0.50% LTC 45.12 ▼ 0.76% BCH 213.46 ▼ 0.08% TRX 0.34 ▲ 0.28% XLM 0.16 ▼ 1.68% HBAR 0.07 ▼ 0.65% NEAR 1.65 ▲ 1.95% ATOM 1.40 ▼ 2.22% AAVE 89.00 ▲ 0.86% SELIC 14.00% EMBRAER 96.18 ▲ 4.00% EMBRAER ADR 74.59 ▲ 4.48% JBS 13.28 ▲ 1.96% JBS BDR 68.48 ▲ 2.16% MBRF3 16.80 ▲ 3.96% MBRFY 3.17 ▲ 6.73% INTER 5.09 ▼ 2.12% EGX 55,040 ▲ 0.38% USD/ZAR16.15▼ 0.32% USD/NGN1,359▼ 0.29% NIKKEI 67,524 ▲ 0.83% CSI300 4,691 ▲ 0.58% HSI 25,440 ▼ 0.83% NIFTY 24,436 ▼ 0.15% KOSPI 6,579 ▲ 3.68% JCI 6,374 ▲ 1.69% USD/JPY159.45▲ 0.10% USD/CNY6.73▼ 0.19% DAX 26,331 ▼ 0.23% CAC 8,675 ▼ 0.46% FTSE 10,833 ▼ 0.10% MIB 53,699 ▼ 0.01% IBEX 20,204 ▼ 0.05% STOXX 659.48 ▼ 0.16% EUR/USD1.15▼ 0.10% GBP/USD1.35▼ 0.11% SPX 7,751 ▲ 0.29% DJI 53,803 ▲ 0.02% NDX 29,802 ▲ 0.94% RUT 3,040 ▲ 0.41% TSX 36,633 ▲ 0.43% VIX 14.67 ▼ 3.99% USD/CAD1.39▲ 0.15% US10Y 4.6680 ▼ 0.34% IBOV 167,674.89 ▼ 0.12% IPSA 11,003.17 ▼ 1.13% IPC MEX 65,860.95 ▲ 0.45% MERVAL 3,027,068 ▲ 0.15% COLCAP 2,429.93 ▲ 0.27% BVL PERÚ 58,737.38 ▲ 0.28% USD/BRL 5.16 ▼ 0.03% USD/MXN 17.06 ▼ 0.20% USD/CLP 914.02 ▲ 0.04% USD/COP 3,139 ▼ 0.01% USD/PEN 3.37 ▼ 0.30% USD/ARS 1,492 ▲ 0.07% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.02% BRENT 88.52 ▼ 0.44% WTI 82.89 ▼ 0.37% IRON ORE 161.91 — — COPPER 6.62 ▲ 0.06% GOLD 4,467 ▲ 1.92% SILVER 65.68 ▲ 1.41% SOY 1,181 ▲ 2.90% CORN 478.00 ▲ 9.44% WHEAT 653.75 ▲ 3.73% COFFEE 317.70 ▼ 5.38% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.90 ▼ 0.22% COTTON 85.03 ▲ 2.33% COCOA 5,727 ▲ 3.32% BEEF 223.58 ▼ 3.94% CATTLE 339.35 ▼ 3.09% LITHIUM 75.26 ▲ 1.55% PETR4 41.72 ▲ 0.14% VALE3 73.10 ▲ 1.01% ITUB4 38.56 ▼ 1.13% BBDC4 16.85 ▲ 0.36% ABEV3 14.92 ▼ 0.60% BBAS3 19.29 ▲ 0.05% B3SA3 14.26 ▼ 0.21% WEGE3 47.62 ▲ 0.55% PRIO3 59.27 ▲ 0.03% SUZB3 41.41 ▲ 2.55% RENT3 34.48 ▼ 0.66% AZZA3 15.88 ▼ 2.70% CSAN3 3.20 ▼ 2.44% RAIZ4 0.25 — 0.00% PCAR3 2.76 — 0.00% GMAT3 3.65 ▼ 1.08% PSSA3 48.11 ▼ 0.58% CVCB3 1.26 ▼ 8.03% POSI3 3.33 ▲ 1.52% SLCE3 13.39 ▲ 0.68% NATU3 8.14 ▼ 0.73% BRKM5 5.68 ▲ 0.71% RANI3 7.94 ▲ 0.51% CSNA3 4.32 ▲ 0.93% CMIN3 5.58 ▲ 0.18% USIM5 6.55 ▼ 1.06% GGBR4 24.68 ▲ 2.15% ENEV3 24.31 ▼ 0.98% CPFE3 43.40 ▼ 0.57% CMIG4 10.37 ▼ 0.29% EQTL3 35.55 ▼ 0.73% LREN3 11.87 ▼ 1.33% VIVT3 29.94 ▼ 0.66% RAIL3 12.99 ▲ 0.23% KLABIN 17.70 ▲ 0.85% RAIA DROGASIL 17.90 ▼ 2.08% RDOR3 32.36 ▼ 2.44% HAPV3 9.62 ▼ 1.74% FLRY3 18.32 ▲ 0.72% SMTO3 14.58 ▼ 2.86% UGPA3 30.74 ▼ 0.81% VBBR3 33.44 ▲ 0.63% BBSE3 37.55 ▲ 0.78% BPAC11 50.36 ▲ 0.46% CURY3 31.13 ▼ 1.17% AERI3 2.18 ▼ 3.54% VIVARA 21.10 ▲ 1.01% COMPASS 21.86 ▲ 0.60% VAMOS 2.79 ▼ 0.36% SANB11 29.42 ▼ 0.34% ASAI3 8.07 ▼ 0.12% SBSP3 26.16 ▲ 0.65% WALMEX 48.14 ▼ 0.48% GMEXICO 222.84 ▲ 0.15% FEMSA 199.83 ▼ 0.91% CEMEX 19.29 ▲ 0.73% GFNORTE 193.91 ▲ 1.15% BIMBO 60.59 ▼ 1.59% TELEVISA 9.67 ▼ 0.21% AMX 19.75 ▼ 1.20% GAP 365.06 ▲ 0.10% ASUR 273.88 ▲ 0.82% OMA 232.73 ▲ 0.29% KOF 187.18 ▲ 0.40% GRUMA 251.80 ▼ 0.32% KIMBER 39.56 ▼ 0.03% SQM-B 65,144 ▼ 1.09% COPEC 5,960 ▼ 1.16% BSANTANDER 78.91 ▼ 1.61% FALABELLA 6,353 ▼ 1.18% ENELAM 87.12 ▲ 0.14% CENCOSUD 1,951 ▼ 1.93% CMPC 1,018 ▼ 2.12% BANCO CHILE 185.31 ▼ 0.82% LATAM AIR 24.05 ▼ 1.23% YPF 7,740 ▼ 0.64% GGAL 6,965 ▼ 1.00% PAMPA 5,090 ▲ 0.20% TXAR 750.00 ▼ 2.02% ALUAR 940.00 ▼ 1.00% TGS 8,790 ▼ 1.07% CEPU 2,140 ▲ 1.09% MIRGOR 1,650 ▼ 1.20% COME 40.93 ▼ 0.73% LOMA NEGRA 3,130 ▲ 0.08% BYMA 275.00 ▼ 1.70% TELECOM ARG 4,233 ▼ 0.70% ECOPETROL 16.95 ▼ 0.35% BANCOLOMBIA 96.52 ▼ 1.52% GRUPO AVAL 5.37 ▲ 2.09% CREDICORP 374.90 ▼ 0.56% SOUTHERN COPPER 193.17 ▼ 0.67% BUENAVENTURA 34.44 ▼ 1.03% MERCADOLIBRE 1,877 ▼ 3.23% NUBANK 13.48 ▼ 1.25% XP 15.56 ▲ 0.29% PAGSEGURO 8.68 ▼ 2.42% STONE 9.94 ▼ 0.25% GLOBANT 38.20 ▼ 2.01% TECNOGLASS 42.37 ▼ 0.94% GAP AIRPORT 213.94 ▲ 0.17% ASUR 273.88 ▲ 0.82% OMA AIRPORT 109.04 ▲ 0.59% AMX ADR 23.24 ▼ 0.81% FEMSA ADR 117.26 ▼ 0.82% CEMEX ADR 11.30 ▲ 0.94% PETROBRAS ADR 17.97 ▲ 0.22% VALE ADR 14.48 ▲ 1.12% ITAU ADR 7.45 ▼ 0.67% SANTANDER BR 5.75 ▼ 0.09% AMBEV ADR 2.85 ▲ 0.18% CSN 0.87 ▲ 0.01% GERDAU 4.82 ▲ 2.67% LATAM ADR 52.57 ▼ 0.83% BTC 63,403 ▼ 0.23% ETH 1,887 ▲ 0.30% SOL 75.93 ▼ 0.35% XRP 1.01 ▼ 1.28% BNB 610.53 ▼ 0.97% ADA 0.18 ▼ 2.29% DOGE 0.07 ▼ 1.53% AVAX 6.35 ▲ 0.47% LINK 8.76 ▼ 0.15% DOT 0.79 ▼ 0.50% LTC 45.12 ▼ 0.76% BCH 213.46 ▼ 0.08% TRX 0.34 ▲ 0.28% XLM 0.16 ▼ 1.68% HBAR 0.07 ▼ 0.65% NEAR 1.65 ▲ 1.95% ATOM 1.40 ▼ 2.22% AAVE 89.00 ▲ 0.86% SELIC 14.00% EMBRAER 96.18 ▲ 4.00% EMBRAER ADR 74.59 ▲ 4.48% JBS 13.28 ▲ 1.96% JBS BDR 68.48 ▲ 2.16% MBRF3 16.80 ▲ 3.96% MBRFY 3.17 ▲ 6.73% INTER 5.09 ▼ 2.12% EGX 55,040 ▲ 0.38% USD/ZAR 16.15 ▼ 0.31% USD/NGN 1,359 ▼ 0.08% NIKKEI 67,524 ▲ 0.83% CSI300 4,691 ▲ 0.58% HSI 25,440 ▼ 0.83% NIFTY 24,436 ▼ 0.15% KOSPI 6,579 ▲ 3.68% JCI 6,374 ▲ 1.69% USD/JPY 159.45 ▲ 0.12% USD/CNY 6.7324 ▼ 0.06% DAX 26,331 ▼ 0.23% CAC 8,675 ▼ 0.46% FTSE 10,833 ▼ 0.10% MIB 53,699 ▼ 0.01% IBEX 20,204 ▼ 0.05% STOXX 659.48 ▼ 0.16% EUR/USD 1.1531 ▼ 0.13% GBP/USD 1.3496 ▼ 0.06% SPX 7,751 ▲ 0.29% DJI 53,803 ▲ 0.02% NDX 29,802 ▲ 0.94% RUT 3,040 ▲ 0.41% TSX 36,633 ▲ 0.43% VIX 14.67 ▼ 3.99% USD/CAD 1.3945 ▲ 0.15% US10Y 4.6680 ▼ 0.34%
since 2009
Wednesday, August 12, 2026

Brazil Politics - Brazil

“It isn’t Nepotism,” Says Bolsonaro about Plan to Appoint his Son Ambassador to U.S.

By · July 13, 2019 · 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 – President Jair Bolsonaro refuted on Friday, July 12th, criticism from the opposition who claimed that the choice of his son Eduardo Bolsonaro, a congressional Deputy from São Paulo, to head the Brazilian embassy in the United States would be nepotism.

According to the president, if there were such a restriction, he would “never” have made the nomination.

Bolsonaro says that Eduardo is qualified for the position as he speaks English and Spanish and is a friend of President Donald Trump’s children. (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 →

“Some say it’s nepotism. This appointment, as decided by the Federal Supreme Court, is not nepotism, I would never do that,” said the president, during a live broadcast on Facebook alongside the Valdemiro Santiago, of the Igreja Mundial de Poder de Deus, and the former missionary Deputy José Olímpio (DEM-SP).

Citing the STF decision, Bolsonaro referred to a 2008 precedent decision by the full Court, declaring that the nomination of a relative, spouse or partner to hold a commission or trust position or a remunerated function in public administration violates the Constitution.

However, the STF’s position was that this restriction does not apply when appointing family members to positions of a political nature.

Bolsonaro reaffirmed that, as far as he is concerned, his son needs only to accept the nomination and for the Senate to approve it.

Asked whether the nomination could be framed as nepotism, the deputy said that, according to his legal counsel, this was ruled out. (Photo: Internet Reproduction)

The day before yesterday, the deputy said that, if appointed, he would “accept the assignment.”

“Who do you want me to send there? Celso Amorim? Aloysio Nunes, who was the driver for (guerrilla Carlos) Marighella? My son is much better than me; he has been to many countries in Europe,” said Bolsonaro.

The Federal Supreme Court has a pending case challenging the appointment of relatives to political office. There is, however, no estimate of when the justices will decide the question; the case rapporteur is Justice Luiz Fux.

A survey shows that Supreme Court justices have already issued at least eight rulings (either individually or collectively) to the effect that the veto does not cover political appointments. None of them, however, has addressed diplomatic representation abroad.

In October 2008 the court confirmed by seven votes to one, the order by Justice Cezar Peluso, who guaranteed the position of Eduardo Requio as Secretary of Transports of Paraná state, governed at the time by his brother, Roberto Requião.

Out of the seven votes in favor of Requião’s brother, three came from justices who are still on the STF today – Ricardo Lewandowski, Cármen Lúcia, and Celso de Mello.

The other four justices who voted in this direction have already retired. The only dissenting vote at the time was that of Justice Marco Aurélio Mello, who is still on the STF.

On Thursday, when analyzing the case involving Eduardo Bolsonaro, he told Estado newspaper that the nomination for the embassy in the US would be nepotism and “a shot in the foot.”

This article was drafted with automated assistance and reviewed before publication. 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.