IBOV 177,512.41 ▼ 0.27% IPSA 11,014.88 ▼ 0.02% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,287,637 ▼ 0.11% COLCAP 2,382.69 ▼ 0.39% BVL PERÚ 57,378.30 — — USD/BRL5.08▲ 0.19% USD/MXN17.32▲ 0.04% USD/CLP924.42▼ 0.72% USD/COP3,228▲ 0.79% USD/PEN3.39▼ 0.08% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP57.83▼ 0.28% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.10▼ 0.06% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.14% BRENT 83.83 ▼ 6.98% WTI 80.29 ▼ 5.17% IRON ORE 161.91 — — COPPER 6.55 ▲ 1.69% GOLD 4,110 ▲ 1.50% SILVER 58.41 ▲ 1.41% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.40 ▲ 0.26% PETR4 42.86 ▼ 1.29% VALE3 74.36 ▼ 2.52% ITUB4 43.01 ▲ 0.32% BBDC4 18.55 ▲ 0.76% ABEV3 15.81 ▼ 1.13% BBAS3 21.28 ▼ 0.33% B3SA3 15.58 ▼ 0.95% WEGE3 48.35 ▲ 2.44% PRIO3 58.85 ▼ 3.29% SUZB3 43.17 ▼ 0.35% RENT3 38.11 ▲ 1.33% AZZA3 16.28 ▼ 0.85% CSAN3 4.08 ▲ 0.25% RAIZ4 0.25 ▼ 3.85% PCAR3 2.70 ▲ 4.25% GMAT3 4.00 ▼ 0.74% PSSA3 54.13 ▼ 1.04% CVCB3 1.42 ▲ 8.40% POSI3 3.52 ▼ 0.85% SLCE3 13.41 ▲ 0.22% NATU3 8.54 ▲ 1.91% BRKM5 5.90 ▼ 1.17% RANI3 8.42 ▲ 3.82% CSNA3 4.54 ▼ 6.20% CMIN3 5.70 ▼ 0.18% USIM5 7.57 ▲ 2.85% GGBR4 25.43 ▲ 1.80% ENEV3 26.76 ▲ 1.71% CPFE3 45.89 ▼ 0.54% CMIG4 11.28 ▼ 0.53% EQTL3 38.84 ▲ 0.47% LREN3 13.88 ▲ 2.06% VIVT3 32.31 ▼ 0.98% RAIL3 14.14 ▼ 2.08% KLABIN 18.34 ▲ 0.49% RAIA DROGASIL 18.65 ▲ 0.92% RDOR3 34.04 ▼ 1.73% HAPV3 11.87 ▲ 5.23% FLRY3 17.29 ▲ 0.88% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.21 ▲ 0.44% BBSE3 41.36 ▲ 0.24% BPAC11 57.28 ▲ 0.85% CURY3 31.55 ▲ 4.85% AERI3 2.14 ▼ 0.47% VIVARA 22.87 ▲ 3.11% COMPASS 24.98 ▲ 0.56% VAMOS 3.28 ▼ 1.80% SANB11 28.95 ▲ 1.15% ASAI3 8.48 ▼ 0.24% SBSP3 27.41 ▼ 1.05% WALMEX 49.74 ▼ 1.01% GMEXICO 211.84 ▲ 1.98% FEMSA 216.60 ▼ 2.19% CEMEX 20.58 ▲ 0.34% GFNORTE 198.18 ▼ 1.20% BIMBO 61.35 ▼ 0.98% TELEVISA 9.61 ▼ 2.04% AMX 21.55 ▼ 2.36% GAP 376.50 ▼ 0.01% ASUR 275.26 ▼ 0.13% OMA 230.88 ▼ 0.19% KOF 185.34 ▼ 1.03% GRUMA 264.28 ▲ 2.34% KIMBER 40.06 ▼ 0.35% SQM-B 61,752 ▼ 1.51% COPEC 6,275 ▼ 1.18% BSANTANDER 79.86 ▼ 1.40% FALABELLA 6,303 ▲ 1.41% ENELAM 87.23 ▼ 0.86% CENCOSUD 1,955 ▲ 0.01% CMPC 1,063 ▲ 0.77% BANCO CHILE 191.61 ▼ 1.08% LATAM AIR 25.25 ▲ 2.06% YPF 8,110 ▼ 2.17% GGAL 7,945 ▲ 0.80% PAMPA 5,510 ▼ 0.81% TXAR 656.50 ▼ 0.45% ALUAR 969.50 ▼ 0.82% TGS 9,865 ▼ 1.84% CEPU 2,371 ▼ 1.04% MIRGOR 1,675 ▼ 89.76% COME 43.50 ▼ 1.20% LOMA NEGRA 3,575 ▼ 1.24% BYMA 293.50 ▼ 0.68% TELECOM ARG 4,383 ▼ 0.57% ECOPETROL 16.61 ▼ 0.98% BANCOLOMBIA 91.14 ▼ 1.49% GRUPO AVAL 5.21 ▼ 1.33% CREDICORP 395.87 ▼ 1.18% SOUTHERN COPPER 186.47 ▲ 2.06% BUENAVENTURA 30.38 ▲ 0.33% MERCADOLIBRE 1,899 ▲ 1.13% NUBANK 14.47 ▲ 0.98% XP 17.01 ▼ 0.29% PAGSEGURO 9.63 ▼ 0.10% STONE 11.32 ▼ 0.48% GLOBANT 37.60 ▲ 2.73% TECNOGLASS 46.48 ▲ 7.00% GAP AIRPORT 217.46 ▲ 0.05% ASUR 275.26 ▼ 0.13% OMA AIRPORT 106.42 ▼ 0.45% AMX ADR 24.87 ▼ 1.89% FEMSA ADR 125.02 ▼ 2.32% CEMEX ADR 11.89 ▲ 0.55% PETROBRAS ADR 19.09 ▼ 1.62% VALE ADR 14.57 ▼ 3.25% ITAU ADR 8.46 ▼ 0.02% SANTANDER BR 5.73 ▲ 0.97% AMBEV ADR 3.07 ▼ 1.29% CSN 0.91 ▼ 7.94% GERDAU 5.01 ▲ 1.01% LATAM ADR 54.41 ▲ 3.13% BTC 63,898 ▲ 0.65% ETH 1,870 ▼ 0.66% SOL 74.00 ▲ 0.75% XRP 1.08 ▼ 0.48% BNB 591.57 ▲ 0.68% ADA 0.19 ▲ 2.41% DOGE 0.07 ▼ 0.48% AVAX 6.59 ▲ 0.68% LINK 8.25 ▼ 1.43% DOT 0.83 ▲ 3.58% LTC 44.31 ▼ 0.73% BCH 213.86 ▲ 0.63% TRX 0.33 ▲ 0.69% XLM 0.17 ▼ 1.05% HBAR 0.07 ▲ 0.70% NEAR 1.74 ▲ 1.43% ATOM 1.36 ▲ 7.84% AAVE 93.05 ▲ 1.14% SELIC 14.25% EMBRAER 90.56 ▲ 4.22% EMBRAER ADR 71.24 ▲ 4.26% JBS 13.76 ▼ 1.89% JBS BDR 69.95 ▼ 1.06% MBRF3 17.70 ▲ 0.91% MBRFY 3.43 ▼ 0.29% INTER 5.60 ▼ 0.09% IBOV 177,512.41 ▼ 0.27% IPSA 11,014.88 ▼ 0.02% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,287,637 ▼ 0.11% COLCAP 2,382.69 ▼ 0.39% BVL PERÚ 57,378.30 — — USD/BRL 5.08 ▲ 0.19% USD/MXN 17.32 ▲ 0.04% USD/CLP 924.42 ▼ 0.72% USD/COP 3,228 ▲ 0.79% USD/PEN 3.39 ▼ 0.08% USD/ARS 1,494 ▲ 0.57% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 57.83 ▼ 0.28% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.10 ▲ 0.31% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.85 ▼ 0.14% BRENT 83.83 ▼ 6.98% WTI 80.29 ▼ 5.17% IRON ORE 161.91 — — COPPER 6.55 ▲ 1.69% GOLD 4,110 ▲ 1.50% SILVER 58.41 ▲ 1.41% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.40 ▲ 0.26% PETR4 42.86 ▼ 1.29% VALE3 74.36 ▼ 2.52% ITUB4 43.01 ▲ 0.32% BBDC4 18.55 ▲ 0.76% ABEV3 15.81 ▼ 1.13% BBAS3 21.28 ▼ 0.33% B3SA3 15.58 ▼ 0.95% WEGE3 48.35 ▲ 2.44% PRIO3 58.85 ▼ 3.29% SUZB3 43.17 ▼ 0.35% RENT3 38.11 ▲ 1.33% AZZA3 16.28 ▼ 0.85% CSAN3 4.08 ▲ 0.25% RAIZ4 0.25 ▼ 3.85% PCAR3 2.70 ▲ 4.25% GMAT3 4.00 ▼ 0.74% PSSA3 54.13 ▼ 1.04% CVCB3 1.42 ▲ 8.40% POSI3 3.52 ▼ 0.85% SLCE3 13.41 ▲ 0.22% NATU3 8.54 ▲ 1.91% BRKM5 5.90 ▼ 1.17% RANI3 8.42 ▲ 3.82% CSNA3 4.54 ▼ 6.20% CMIN3 5.70 ▼ 0.18% USIM5 7.57 ▲ 2.85% GGBR4 25.43 ▲ 1.80% ENEV3 26.76 ▲ 1.71% CPFE3 45.89 ▼ 0.54% CMIG4 11.28 ▼ 0.53% EQTL3 38.84 ▲ 0.47% LREN3 13.88 ▲ 2.06% VIVT3 32.31 ▼ 0.98% RAIL3 14.14 ▼ 2.08% KLABIN 18.34 ▲ 0.49% RAIA DROGASIL 18.65 ▲ 0.92% RDOR3 34.04 ▼ 1.73% HAPV3 11.87 ▲ 5.23% FLRY3 17.29 ▲ 0.88% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.21 ▲ 0.44% BBSE3 41.36 ▲ 0.24% BPAC11 57.28 ▲ 0.85% CURY3 31.55 ▲ 4.85% AERI3 2.14 ▼ 0.47% VIVARA 22.87 ▲ 3.11% COMPASS 24.98 ▲ 0.56% VAMOS 3.28 ▼ 1.80% SANB11 28.95 ▲ 1.15% ASAI3 8.48 ▼ 0.24% SBSP3 27.41 ▼ 1.05% WALMEX 49.74 ▼ 1.01% GMEXICO 211.84 ▲ 1.98% FEMSA 216.60 ▼ 2.19% CEMEX 20.58 ▲ 0.34% GFNORTE 198.18 ▼ 1.20% BIMBO 61.35 ▼ 0.98% TELEVISA 9.61 ▼ 2.04% AMX 21.55 ▼ 2.36% GAP 376.50 ▼ 0.01% ASUR 275.26 ▼ 0.13% OMA 230.88 ▼ 0.19% KOF 185.34 ▼ 1.03% GRUMA 264.28 ▲ 2.34% KIMBER 40.06 ▼ 0.35% SQM-B 61,752 ▼ 1.51% COPEC 6,275 ▼ 1.18% BSANTANDER 79.86 ▼ 1.40% FALABELLA 6,303 ▲ 1.41% ENELAM 87.23 ▼ 0.86% CENCOSUD 1,955 ▲ 0.01% CMPC 1,063 ▲ 0.77% BANCO CHILE 191.61 ▼ 1.08% LATAM AIR 25.25 ▲ 2.06% YPF 8,110 ▼ 2.17% GGAL 7,945 ▲ 0.80% PAMPA 5,510 ▼ 0.81% TXAR 656.50 ▼ 0.45% ALUAR 969.50 ▼ 0.82% TGS 9,865 ▼ 1.84% CEPU 2,371 ▼ 1.04% MIRGOR 1,675 ▼ 89.76% COME 43.50 ▼ 1.20% LOMA NEGRA 3,575 ▼ 1.24% BYMA 293.50 ▼ 0.68% TELECOM ARG 4,383 ▼ 0.57% ECOPETROL 16.61 ▼ 0.98% BANCOLOMBIA 91.14 ▼ 1.49% GRUPO AVAL 5.21 ▼ 1.33% CREDICORP 395.87 ▼ 1.18% SOUTHERN COPPER 186.47 ▲ 2.06% BUENAVENTURA 30.38 ▲ 0.33% MERCADOLIBRE 1,899 ▲ 1.13% NUBANK 14.47 ▲ 0.98% XP 17.01 ▼ 0.29% PAGSEGURO 9.63 ▼ 0.10% STONE 11.32 ▼ 0.48% GLOBANT 37.60 ▲ 2.73% TECNOGLASS 46.48 ▲ 7.00% GAP AIRPORT 217.46 ▲ 0.05% ASUR 275.26 ▼ 0.13% OMA AIRPORT 106.42 ▼ 0.45% AMX ADR 24.87 ▼ 1.89% FEMSA ADR 125.02 ▼ 2.32% CEMEX ADR 11.89 ▲ 0.55% PETROBRAS ADR 19.09 ▼ 1.62% VALE ADR 14.57 ▼ 3.25% ITAU ADR 8.46 ▼ 0.02% SANTANDER BR 5.73 ▲ 0.97% AMBEV ADR 3.07 ▼ 1.29% CSN 0.91 ▼ 7.94% GERDAU 5.01 ▲ 1.01% LATAM ADR 54.41 ▲ 3.13% BTC 63,898 ▲ 0.65% ETH 1,870 ▼ 0.66% SOL 74.00 ▲ 0.75% XRP 1.08 ▼ 0.48% BNB 591.57 ▲ 0.68% ADA 0.19 ▲ 2.41% DOGE 0.07 ▼ 0.48% AVAX 6.59 ▲ 0.68% LINK 8.25 ▼ 1.43% DOT 0.83 ▲ 3.58% LTC 44.31 ▼ 0.73% BCH 213.86 ▲ 0.63% TRX 0.33 ▲ 0.69% XLM 0.17 ▼ 1.05% HBAR 0.07 ▲ 0.70% NEAR 1.74 ▲ 1.43% ATOM 1.36 ▲ 7.84% AAVE 93.05 ▲ 1.14% SELIC 14.25% EMBRAER 90.56 ▲ 4.22% EMBRAER ADR 71.24 ▲ 4.26% JBS 13.76 ▼ 1.89% JBS BDR 69.95 ▼ 1.06% MBRF3 17.70 ▲ 0.91% MBRFY 3.43 ▼ 0.29% INTER 5.60 ▼ 0.09%
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Parliament Wants to Limit the President’s Powers

By · April 22, 2019 · 2 min read

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By Richard Mann, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Experienced politicians say that Congressional empowerment is not retaliation to the government of President Jair Bolsonaro, but a means to seek balance with other powers. They claim that the budget allowance and provisional measures confer an imperial power on the President.

If the President gets into this, he starts off as captain and ends up as hostage
If the President gets into this, he starts off as captain and ends up as a hostage
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“Congress, in this case, does not adopt a ‘give and take’ position, it effectively strives to rebuild a prerogative that promotes the balance between the powers,” remarks former deputy Miro Teixeira (Rede-RJ), who served 11 terms.

He defends the end of the presidential coalition as another measure to improve the image of Congress. “In Brazil, this has become a co-option. If the President gets into this, he starts off as captain and ends up as hostage”.

Senator Randolfe Rodrigues (Rede-AP), author of the proposed Amendment to the Constitution (PEC) to limit to five the still limitless issue of provisional measures also sees an opportunity for Congress to abandon the practice “of exchanging support for amendments and positions and to place itself as the main public policy-maker.”

“The more Parliament demonstrates that it has the strength, prestige and competence to carry them out, the better. This moment is conducive to this”, said Senate Vice President Antonio Anastasia (PSDB-MG), co-author of the bill to limit Provisional Measures. Bolsonaro has already edited nine.

“Congress is more empowered than it may seem. It decides on all guidelines, not only in relation to the government but also to the Judiciary. And such power derived by virtue of the President choosing to try to build an allied-base with the benches”, stated PSL leader in the House, Delegate Waldir (PSL-GO).

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