IBOV 172,060.43 ▲ 0.42% IPC MEX 72,419.39 ▲ 0.73% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.01% USD/MXN18.60▼ 0.13% USD/CLP982.08▼ 0.22% USD/COP3,288▲ 0.40% USD/PEN3.41▼ 0.03% USD/ARS1,544▼ 0.11% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.48▲ 0.13% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES902.19▲ 0.19% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.18▲ 0.09% BRENT 91.29 ▼ 1.58% WTI 85.29 ▼ 1.43% IRON ORE 161.91 — — COPPER 6.25 ▼ 0.44% GOLD 3,984 ▼ 0.41% SILVER 51.48 ▼ 0.77% SOY 1,227 ▼ 0.14% CORN 447.75 ▼ 0.06% WHEAT 599.25 ▼ 0.04% COFFEE 265.45 ▼ 2.19% SUGAR 18.47 ▲ 2.10% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.35 ▲ 4.65% COCOA 5,061 ▲ 6.73% BEEF 218.98 ▼ 0.10% CATTLE 327.80 ▼ 0.77% 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 72,419.39 ▲ 0.73% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.61 ▼ 0.10% USD/CLP 982.08 ▼ 0.22% USD/COP 3,288 ▲ 0.40% USD/PEN 3.41 ▼ 0.03% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.48 ▲ 0.13% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 902.19 ▲ 0.19% 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 6.18 ▲ 0.09% BRENT 91.29 ▼ 1.58% WTI 85.29 ▼ 1.43% IRON ORE 161.91 — — COPPER 6.25 ▼ 0.44% GOLD 3,984 ▼ 0.41% SILVER 51.48 ▼ 0.77% SOY 1,227 ▼ 0.14% CORN 447.75 ▼ 0.06% WHEAT 599.25 ▼ 0.04% COFFEE 265.45 ▼ 2.19% SUGAR 18.47 ▲ 2.10% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.35 ▲ 4.65% COCOA 5,061 ▲ 6.73% BEEF 218.98 ▼ 0.10% CATTLE 327.80 ▼ 0.77% 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

Brazil Politics - Brazil

Is Jair Bolsonaro About to Join the Brazilian Democrats Party?

By · · 2 min read

By Contributing Reporter

RIO DE JANEIRO, BRAZIL – Allegedly dissatisfied with the behavior of some Social Liberal Party (PSL) deputies, President Jair Bolsonaro has confided to advisors that he could shift parties and join the Democrats Party (DEM), writes Brazilian news outlet Istoé in its latest report.

He claims that the PSL does not advocate his projects as it should and that many PSL deputies are working against his decisions.

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From left to right: Onyx Lorenzoni (DEM), Minister Chief of Staff of the Civil Cabinet; Ronaldo Caiado (DEM), Governor of the State of Goiás; Jair Bolsonaro (PSL), President of the Republic; and ACM Neto (DEM), Mayor of Bahia's state capital, Salvador, and national president of the DEM Party.
From left to right: Onyx Lorenzoni (DEM), Minister Chief of Staff of the Civil Cabinet; Ronaldo Caiado (DEM), Governor of the State of Goiás; Jair Bolsonaro (PSL), President of the Republic; and Antônio Carlos Magalhães Neto (DEM), Mayor of Bahia’s state capital, Salvador, and national president of the DEM Party. (Photo: Marcos Correa)
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The most notable case was provisional measure (MP) 870, which ordered the administrative restructuring of his government, reducing it from 29 to 22 ministries, but which also transfered the Coaf tax investigation agency to the Judiciary, writes Istoé.

In the Senate negotiations to uphold the Lower Chamber’s decision on the MP, while removing the Coaf from Sérgio Moro and returning it to Minister Paulo Guedes, PSL senators were insisting on breaking this agreement, jeopardizing the reduction of the ministries. Bolsonaro was not pleased.

The PSL has apparently been displeasing Bolsonaro for quite some time now. In February, the party’s president, Luciano Bivar, voted against the government in the Access to Information Act. And now PSL deputies are urging the president to sanction the law banning the luggage fees on airplanes, while companies are asking the government to veto the measure.

Bolsonaro is said to believe he will gain greater appreciation if he joins DEM, the party of three of his ministers: Onyx Lorenzoni (Civil Cabinet), Luiz Henrique Mandetta (Health), and Tereza Cristina (Agriculture). All of whom, incidentally, are doing a good job. This is a further source of friction: PSL has no minister while DEM has three.

Istoé is a weekly news magazine in Portuguese published in Brazil, roughly the equivalent of the American magazines Time or Newsweek.

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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