IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.61▲ 0.44% USD/MXN18.68▲ 0.41% USD/CLP991.58▲ 0.89% USD/COP3,284▼ 0.71% USD/PEN3.41▼ 0.01% USD/ARS1,547▲ 0.13% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 1.12% 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▼ 0.26% BRENT 92.27 ▼ 0.53% WTI 85.90 ▼ 0.73% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.12% GOLD 3,943 ▼ 1.45% SILVER 50.97 ▼ 1.77% SOY 1,228 ▼ 0.08% CORN 447.25 ▼ 0.17% WHEAT 595.50 ▼ 0.67% COFFEE 269.90 ▲ 0.33% SUGAR 18.11 ▼ 2.00% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,053 ▲ 2.98% 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 — 0.00% BBDC4 14.33 — 0.00% ABEV3 15.85 — 0.00% BBAS3 16.89 — 0.00% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 — 0.00% PRIO3 61.47 — 0.00% SUZB3 53.80 — 0.00% RENT3 30.24 — 0.00% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 — 0.00% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 — 0.00% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 — 0.00% CVCB3 0.86 — 0.00% POSI3 3.32 — 0.00% SLCE3 17.05 ▼ 0.23% NATU3 5.62 — 0.00% BRKM5 2.92 — 0.00% RANI3 8.39 — 0.00% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.61 ▲ 0.49% USD/MXN 18.69 ▲ 0.46% USD/CLP 990.68 ▲ 0.80% USD/COP 3,289 ▼ 0.55% USD/PEN 3.41 ▲ 0.14% USD/ARS 1,545 ▲ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 0.92% 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 6.22 ▼ 0.19% BRENT 92.27 ▼ 0.53% WTI 85.90 ▼ 0.73% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.12% GOLD 3,943 ▼ 1.45% SILVER 50.97 ▼ 1.77% SOY 1,228 ▼ 0.08% CORN 447.25 ▼ 0.17% WHEAT 595.50 ▼ 0.67% COFFEE 269.90 ▲ 0.33% SUGAR 18.11 ▼ 2.00% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,053 ▲ 2.98% 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 — 0.00% BBDC4 14.33 — 0.00% ABEV3 15.85 — 0.00% BBAS3 16.89 — 0.00% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 — 0.00% PRIO3 61.47 — 0.00% SUZB3 53.80 — 0.00% RENT3 30.24 — 0.00% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 — 0.00% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 — 0.00% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 — 0.00% CVCB3 0.86 — 0.00% POSI3 3.32 — 0.00% SLCE3 17.05 ▼ 0.23% NATU3 5.62 — 0.00% BRKM5 2.92 — 0.00% RANI3 8.39 — 0.00% CSNA3 4.52 ▲ 3.20%
since 2009
Thursday, November 12, 2026

Brazil Court Reduces Lula Sentence, Opening Door to Partial Detention

By · · 2 min read

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.
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

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.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Colombia's president announces a new cartel airstrike”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

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.

 

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

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.