IBOV 175,334.46 ▲ 0.74% IPSA 10,964.11 ▲ 0.12% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,305,316 ▲ 0.65% COLCAP 2,282.91 ▲ 0.37% BVL PERÚ 57,237.60 — — USD/BRL5.11▼ 0.10% USD/MXN17.46▲ 0.06% USD/CLP939.74▼ 0.97% USD/COP3,205▼ 0.36% USD/PEN3.40▼ 0.02% USD/ARS1,497▼ 0.03% USD/UYU40.15▲ 1.29% USD/PYG6,020▲ 1.46% USD/BOB11.32▲ 3.54% USD/DOP58.07▲ 0.90% USD/CRC449.99▲ 1.60% USD/GTQ7.62▲ 2.19% USD/HNL26.75▲ 1.51% USD/NIO36.62▲ 0.69% USD/VES740.95▼ 0.05% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.26% USD/TTD6.75▲ 1.35% EUR/BRL5.81▲ 0.45% BRENT 85.79 ▼ 2.91% WTI 80.61 ▼ 2.42% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.09% GOLD 4,043 ▼ 0.76% SILVER 57.75 ▼ 1.24% SOY 1,208 ▼ 0.02% CORN 476.25 ▲ 5.42% WHEAT 658.50 ▼ 0.23% COFFEE 317.65 ▼ 2.13% SUGAR 14.62 ▲ 0.27% ORANGE JUICE 141.40 ▼ 0.25% COTTON 79.94 ▲ 0.76% COCOA 5,228 ▲ 2.51% BEEF 218.30 ▼ 3.86% CATTLE 331.28 ▼ 4.07% LITHIUM 68.63 ▲ 1.21% PETR4 41.01 ▼ 2.84% VALE3 75.69 ▲ 0.60% ITUB4 42.69 ▲ 1.40% BBDC4 18.71 ▲ 1.24% ABEV3 15.86 ▲ 1.41% BBAS3 20.50 ▲ 0.74% B3SA3 15.72 ▲ 1.81% WEGE3 46.40 ▲ 0.89% PRIO3 55.71 ▼ 5.29% SUZB3 41.87 ▲ 0.07% RENT3 37.72 ▲ 2.25% AZZA3 17.11 ▲ 2.76% CSAN3 3.95 ▲ 3.95% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 1.79% GMAT3 3.83 ▲ 1.06% PSSA3 54.29 ▼ 0.89% CVCB3 1.36 ▲ 1.49% POSI3 3.52 ▼ 0.85% SLCE3 13.38 ▼ 1.91% NATU3 8.49 ▲ 1.31% BRKM5 6.08 ▼ 0.33% RANI3 7.93 ▼ 0.25% CSNA3 5.71 ▲ 6.53% CMIN3 5.80 ▲ 1.93% USIM5 8.61 ▲ 1.53% GGBR4 24.48 ▲ 0.91% ENEV3 25.47 ▲ 2.29% CPFE3 44.75 ▼ 0.75% CMIG4 11.17 ▲ 1.73% EQTL3 38.80 ▲ 1.20% LREN3 13.73 ▲ 3.47% VIVT3 36.11 ▲ 2.26% RAIL3 13.80 ▲ 1.69% KLABIN 17.68 ▲ 0.91% RAIA DROGASIL 18.17 ▲ 1.06% RDOR3 33.60 ▲ 0.66% HAPV3 10.19 ▲ 2.72% FLRY3 16.53 ▲ 1.66% SMTO3 14.67 ▼ 2.52% UGPA3 32.09 ▼ 1.90% VBBR3 34.50 ▼ 1.71% BBSE3 40.54 ▼ 2.29% BPAC11 55.55 ▲ 1.61% CURY3 30.39 ▲ 3.54% AERI3 2.05 ▲ 0.49% VIVARA 22.01 ▲ 2.75% COMPASS 25.30 ▲ 2.18% VAMOS 3.17 ▲ 0.63% SANB11 27.36 ▲ 3.87% ASAI3 8.11 ▲ 3.31% SBSP3 28.87 ▲ 1.73% WALMEX 48.52 ▲ 0.92% GMEXICO 209.50 ▲ 1.07% FEMSA 230.17 ▲ 3.68% CEMEX 21.37 ▲ 1.09% GFNORTE 196.59 ▲ 2.25% BIMBO 59.24 ▲ 1.59% TELEVISA 9.93 ▲ 1.22% AMX 22.49 ▼ 1.40% GAP 377.40 ▲ 0.10% ASUR 268.57 ▲ 0.30% OMA 228.74 ▲ 1.15% KOF 189.00 ▲ 5.35% GRUMA 267.85 ▼ 0.01% KIMBER 39.92 ▲ 0.71% SQM-B 64,650 ▼ 1.07% COPEC 6,249 ▼ 1.28% BSANTANDER 80.77 ▲ 1.83% FALABELLA 6,155 ▲ 2.75% ENELAM 85.89 ▲ 0.47% CENCOSUD 1,915 ▼ 2.20% CMPC 1,040 ▲ 1.41% BANCO CHILE 193.26 ▲ 0.08% LATAM AIR 24.60 ▲ 3.02% YPF 81,225 ▼ 0.95% GGAL 7,960 ▲ 0.89% PAMPA 5,475 ▼ 0.73% TXAR 675.00 ▲ 0.15% ALUAR 984.50 ▲ 1.29% TGS 9,710 ▼ 0.56% CEPU 2,383 ▲ 0.76% MIRGOR 16,825 ▲ 1.82% COME 42.46 ▲ 0.12% LOMA NEGRA 3,700 ▲ 2.49% BYMA 302.75 ▲ 0.75% TELECOM ARG 4,490 ▲ 2.51% ECOPETROL 15.80 ▼ 1.31% BANCOLOMBIA 87.93 ▲ 2.23% GRUPO AVAL 4.82 ▲ 0.84% CREDICORP 390.99 ▲ 0.66% SOUTHERN COPPER 179.32 ▲ 0.02% BUENAVENTURA 31.72 ▲ 2.62% MERCADOLIBRE 1,820 ▲ 1.02% NUBANK 14.53 ▲ 3.12% XP 16.74 ▲ 0.30% PAGSEGURO 9.38 ▲ 1.96% STONE 10.89 ▲ 1.21% GLOBANT 32.64 ▲ 4.28% TECNOGLASS 45.44 ▲ 0.31% GAP AIRPORT 216.27 ▼ 0.00% ASUR 268.57 ▲ 0.30% OMA AIRPORT 104.80 ▲ 1.32% AMX ADR 25.70 ▼ 1.19% FEMSA ADR 132.15 ▲ 3.96% CEMEX ADR 12.21 ▲ 1.24% PETROBRAS ADR 18.00 ▼ 4.10% VALE ADR 14.78 ▼ 0.07% ITAU ADR 8.37 ▲ 1.09% SANTANDER BR 5.44 ▲ 2.64% AMBEV ADR 3.07 ▲ 0.33% CSN 1.12 ▲ 3.70% GERDAU 4.83 ▲ 0.42% LATAM ADR 52.27 ▲ 4.23% BTC 63,359 ▼ 0.57% ETH 1,881 ▼ 0.53% SOL 73.36 ▼ 1.05% XRP 1.06 ▼ 0.94% BNB 565.19 ▼ 0.10% ADA 0.16 ▲ 1.20% DOGE 0.07 ▼ 0.36% AVAX 6.43 ▲ 0.53% LINK 8.31 ▼ 0.68% DOT 0.76 ▲ 0.35% LTC 46.24 ▲ 0.52% BCH 213.17 ▲ 0.68% TRX 0.33 ▲ 0.28% XLM 0.17 — 0.00% HBAR 0.07 ▼ 0.47% NEAR 1.68 ▼ 0.44% ATOM 1.30 ▼ 0.40% AAVE 96.65 ▼ 1.22% SELIC 14.25% EMBRAER 86.90 ▲ 5.33% EMBRAER ADR 67.99 ▲ 4.71% JBS 13.55 ▲ 10.34% JBS BDR 69.23 ▲ 11.59% MBRF3 15.89 ▲ 7.08% MBRFY 2.96 ▲ 0.68% INTER 5.56 ▲ 5.10% EGX 53,873 ▲ 0.45% USD/ZAR16.77▲ 0.03% USD/NGN 1,361 — 0.00% NIKKEI 62,365 ▼ 3.95% CSI300 4,570 ▼ 2.83% HSI 25,311 ▲ 0.41% NIFTY 23,985 ▼ 0.05% KOSPI 6,024 ▼ 10.84% JCI 6,138 ▼ 0.77% USD/JPY163.82▲ 0.04% USD/CNY6.77▲ 0.01% DAX 25,499 ▲ 0.54% CAC 8,442 ▲ 0.43% FTSE 10,830 ▲ 0.44% MIB 52,167 ▲ 0.21% IBEX 19,856 ▲ 0.58% STOXX 646.75 ▲ 0.33% EUR/USD1.14▲ 0.01% GBP/USD1.33▼ 0.41% SPX 7,413 ▲ 0.02% DJI 52,210 ▲ 0.51% NDX 28,039 ▼ 0.32% RUT 2,948 ▲ 0.62% TSX 35,568 ▲ 0.56% VIX 18.80 ▲ 0.70% USD/CAD1.41▼ 0.11% US10Y 4.6410 ▼ 0.81% IBOV 175,334.46 ▲ 0.74% IPSA 10,964.11 ▲ 0.12% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,305,316 ▲ 0.65% COLCAP 2,282.91 ▲ 0.37% BVL PERÚ 57,237.60 — — USD/BRL 5.11 ▼ 0.10% USD/MXN 17.46 ▲ 0.06% USD/CLP 939.74 ▼ 0.97% USD/COP 3,205 ▼ 0.36% USD/PEN 3.40 ▼ 0.02% USD/ARS 1,497 ▼ 0.03% USD/UYU 40.15 ▲ 1.29% USD/PYG 6,020 ▲ 1.46% USD/BOB 11.32 ▲ 3.54% USD/DOP 58.07 ▲ 0.90% USD/CRC 449.99 ▲ 1.60% USD/GTQ 7.62 ▲ 2.19% USD/HNL 26.75 ▲ 1.51% USD/NIO 36.62 ▲ 0.69% USD/VES 740.95 ▼ 0.05% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.26% USD/TTD 6.75 ▲ 1.35% EUR/BRL 5.81 ▲ 0.45% BRENT 85.79 ▼ 2.91% WTI 80.61 ▼ 2.42% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.09% GOLD 4,043 ▼ 0.76% SILVER 57.75 ▼ 1.24% SOY 1,208 ▼ 0.02% CORN 476.25 ▲ 5.42% WHEAT 658.50 ▼ 0.23% COFFEE 317.65 ▼ 2.13% SUGAR 14.62 ▲ 0.27% ORANGE JUICE 141.40 ▼ 0.25% COTTON 79.94 ▲ 0.76% COCOA 5,228 ▲ 2.51% BEEF 218.30 ▼ 3.86% CATTLE 331.28 ▼ 4.07% LITHIUM 68.63 ▲ 1.21% PETR4 41.01 ▼ 2.84% VALE3 75.69 ▲ 0.60% ITUB4 42.69 ▲ 1.40% BBDC4 18.71 ▲ 1.24% ABEV3 15.86 ▲ 1.41% BBAS3 20.50 ▲ 0.74% B3SA3 15.72 ▲ 1.81% WEGE3 46.40 ▲ 0.89% PRIO3 55.71 ▼ 5.29% SUZB3 41.87 ▲ 0.07% RENT3 37.72 ▲ 2.25% AZZA3 17.11 ▲ 2.76% CSAN3 3.95 ▲ 3.95% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 1.79% GMAT3 3.83 ▲ 1.06% PSSA3 54.29 ▼ 0.89% CVCB3 1.36 ▲ 1.49% POSI3 3.52 ▼ 0.85% SLCE3 13.38 ▼ 1.91% NATU3 8.49 ▲ 1.31% BRKM5 6.08 ▼ 0.33% RANI3 7.93 ▼ 0.25% CSNA3 5.71 ▲ 6.53% CMIN3 5.80 ▲ 1.93% USIM5 8.61 ▲ 1.53% GGBR4 24.48 ▲ 0.91% ENEV3 25.47 ▲ 2.29% CPFE3 44.75 ▼ 0.75% CMIG4 11.17 ▲ 1.73% EQTL3 38.80 ▲ 1.20% LREN3 13.73 ▲ 3.47% VIVT3 36.11 ▲ 2.26% RAIL3 13.80 ▲ 1.69% KLABIN 17.68 ▲ 0.91% RAIA DROGASIL 18.17 ▲ 1.06% RDOR3 33.60 ▲ 0.66% HAPV3 10.19 ▲ 2.72% FLRY3 16.53 ▲ 1.66% SMTO3 14.67 ▼ 2.52% UGPA3 32.09 ▼ 1.90% VBBR3 34.50 ▼ 1.71% BBSE3 40.54 ▼ 2.29% BPAC11 55.55 ▲ 1.61% CURY3 30.39 ▲ 3.54% AERI3 2.05 ▲ 0.49% VIVARA 22.01 ▲ 2.75% COMPASS 25.30 ▲ 2.18% VAMOS 3.17 ▲ 0.63% SANB11 27.36 ▲ 3.87% ASAI3 8.11 ▲ 3.31% SBSP3 28.87 ▲ 1.73% WALMEX 48.52 ▲ 0.92% GMEXICO 209.50 ▲ 1.07% FEMSA 230.17 ▲ 3.68% CEMEX 21.37 ▲ 1.09% GFNORTE 196.59 ▲ 2.25% BIMBO 59.24 ▲ 1.59% TELEVISA 9.93 ▲ 1.22% AMX 22.49 ▼ 1.40% GAP 377.40 ▲ 0.10% ASUR 268.57 ▲ 0.30% OMA 228.74 ▲ 1.15% KOF 189.00 ▲ 5.35% GRUMA 267.85 ▼ 0.01% KIMBER 39.92 ▲ 0.71% SQM-B 64,650 ▼ 1.07% COPEC 6,249 ▼ 1.28% BSANTANDER 80.77 ▲ 1.83% FALABELLA 6,155 ▲ 2.75% ENELAM 85.89 ▲ 0.47% CENCOSUD 1,915 ▼ 2.20% CMPC 1,040 ▲ 1.41% BANCO CHILE 193.26 ▲ 0.08% LATAM AIR 24.60 ▲ 3.02% YPF 81,225 ▼ 0.95% GGAL 7,960 ▲ 0.89% PAMPA 5,475 ▼ 0.73% TXAR 675.00 ▲ 0.15% ALUAR 984.50 ▲ 1.29% TGS 9,710 ▼ 0.56% CEPU 2,383 ▲ 0.76% MIRGOR 16,825 ▲ 1.82% COME 42.46 ▲ 0.12% LOMA NEGRA 3,700 ▲ 2.49% BYMA 302.75 ▲ 0.75% TELECOM ARG 4,490 ▲ 2.51% ECOPETROL 15.80 ▼ 1.31% BANCOLOMBIA 87.93 ▲ 2.23% GRUPO AVAL 4.82 ▲ 0.84% CREDICORP 390.99 ▲ 0.66% SOUTHERN COPPER 179.32 ▲ 0.02% BUENAVENTURA 31.72 ▲ 2.62% MERCADOLIBRE 1,820 ▲ 1.02% NUBANK 14.53 ▲ 3.12% XP 16.74 ▲ 0.30% PAGSEGURO 9.38 ▲ 1.96% STONE 10.89 ▲ 1.21% GLOBANT 32.64 ▲ 4.28% TECNOGLASS 45.44 ▲ 0.31% GAP AIRPORT 216.27 ▼ 0.00% ASUR 268.57 ▲ 0.30% OMA AIRPORT 104.80 ▲ 1.32% AMX ADR 25.70 ▼ 1.19% FEMSA ADR 132.15 ▲ 3.96% CEMEX ADR 12.21 ▲ 1.24% PETROBRAS ADR 18.00 ▼ 4.10% VALE ADR 14.78 ▼ 0.07% ITAU ADR 8.37 ▲ 1.09% SANTANDER BR 5.44 ▲ 2.64% AMBEV ADR 3.07 ▲ 0.33% CSN 1.12 ▲ 3.70% GERDAU 4.83 ▲ 0.42% LATAM ADR 52.27 ▲ 4.23% BTC 63,359 ▼ 0.57% ETH 1,881 ▼ 0.53% SOL 73.36 ▼ 1.05% XRP 1.06 ▼ 0.94% BNB 565.19 ▼ 0.10% ADA 0.16 ▲ 1.20% DOGE 0.07 ▼ 0.36% AVAX 6.43 ▲ 0.53% LINK 8.31 ▼ 0.68% DOT 0.76 ▲ 0.35% LTC 46.24 ▲ 0.52% BCH 213.17 ▲ 0.68% TRX 0.33 ▲ 0.28% XLM 0.17 — 0.00% HBAR 0.07 ▼ 0.47% NEAR 1.68 ▼ 0.44% ATOM 1.30 ▼ 0.40% AAVE 96.65 ▼ 1.22% SELIC 14.25% EMBRAER 86.90 ▲ 5.33% EMBRAER ADR 67.99 ▲ 4.71% JBS 13.55 ▲ 10.34% JBS BDR 69.23 ▲ 11.59% MBRF3 15.89 ▲ 7.08% MBRFY 2.96 ▲ 0.68% INTER 5.56 ▲ 5.10% EGX 53,873 ▲ 0.45% USD/ZAR 16.76 ▲ 0.09% USD/NGN 1,361 — 0.00% NIKKEI 62,365 ▼ 3.95% CSI300 4,570 ▼ 2.83% HSI 25,311 ▲ 0.41% NIFTY 23,985 ▼ 0.05% KOSPI 6,024 ▼ 10.84% JCI 6,138 ▼ 0.77% USD/JPY 163.82 ▲ 0.07% USD/CNY 6.7557 ▲ 0.02% DAX 25,499 ▲ 0.54% CAC 8,442 ▲ 0.43% FTSE 10,830 ▲ 0.44% MIB 52,167 ▲ 0.21% IBEX 19,856 ▲ 0.58% STOXX 646.75 ▲ 0.33% EUR/USD 1.1377 ▲ 0.02% GBP/USD 1.3303 ▲ 0.08% SPX 7,413 ▲ 0.02% DJI 52,210 ▲ 0.51% NDX 28,039 ▼ 0.32% RUT 2,948 ▲ 0.62% TSX 35,568 ▲ 0.56% VIX 18.80 ▲ 0.70% USD/CAD 1.4108 ▼ 0.09% US10Y 4.6410 ▼ 0.81%
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Brazil Court Reduces Lula Sentence, Opening Door to Partial Detention

By · April 24, 2019 · 2 min read

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By Contributing Reporter

RIO DE JANEIRO, BRAZIL – The Superior Court of Justice on Tuesday reduced former president Luiz Inacio Lula da Silva’s 12-year sentence for bribery and money laundering.

The ruling, broadcast live on the court's YouTube channel, could mean Lula is eligible for "semi-open" prison later this year.
The ruling, broadcast live on the court’s YouTube channel, could mean Lula is eligible for “semi-open” prison later this year.
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In a unanimous decision, the four judges on the Court panel hearing Lula’s appeal agreed to uphold his conviction but cut the sentence to eight years and ten months. The Superior Court of Justice is the country’s second-highest court.

The ruling, broadcast live on the court’s YouTube channel, could mean Lula is eligible for “semi-open” prison later this year.

The 73-year-old leftist icon, who has been sentenced to 25 years behind bars in two separate corruption cases, marked his first year in jail earlier this month.

Lula was initially sentenced to nine and a half years on charges that he accepted a seaside apartment as a bribe for helping the OAS construction company during his 2003-2010 presidency to get lucrative deals with state oil firm Petrobras.

An appeals court increased that in January 2018, a decision the Superior Court of Justice panel ruled Tuesday was “excessive.”

Lula’s legal team said the decision was “too little, but it’s a start.”

He is also appealing the second sentence of almost 13 years handed down in February for accepting renovation work by two construction companies on a farmhouse in exchange for ensuring they won contracts with Petrobras.

Lula has denied all the charges against him, arguing they were politically motivated with the aim of preventing him competing in elections last year that was won by Brazil’s new far-right President Jair Bolsonaro.

During his election campaign, Bolsonaro said he hoped Lula would “rot in prison.”

Under Brazilian law, a prisoner is eligible for a “semi-open” prison regime after completing one-sixth of the sentence.

 

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