IBOV 168,498.45 ▲ 1.39% IPC MEX 71,393.57 ▲ 0.43% MERVAL 2,848,945 — — USD/BRL5.51▼ 0.03% USD/MXN18.57▼ 0.29% USD/CLP 975.74 — 0.00% USD/COP3,240▲ 0.03% USD/PEN3.44▼ 0.08% USD/ARS1,545▼ 0.03% USD/UYU40.31▲ 3.23% USD/PYG6,358▲ 6.40% USD/BOB11.81▲ 0.77% USD/DOP60.62▲ 4.10% USD/CRC448.27▲ 2.01% USD/GTQ7.64▲ 3.17% USD/HNL26.88▲ 3.19% USD/NIO 36.62 — 0.00% USD/VES895.29▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 2.78% USD/TTD6.72▲ 2.44% EUR/BRL6.14▼ 0.51% BRENT 98.36 ▲ 0.04% WTI 91.30 ▲ 0.52% IRON ORE 161.91 — — COPPER 6.36 ▲ 2.22% GOLD 4,132 ▲ 1.41% SILVER 53.16 ▲ 2.62% SOY 1,201 ▲ 0.99% CORN 442.50 ▲ 0.23% WHEAT 591.25 — 0.00% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 130.55 ▲ 1.63% COTTON 78.54 ▼ 0.22% COCOA 5,119 ▼ 1.20% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 — 0.00% VALE3 64.04 — 0.00% ITUB4 40.53 — 0.00% BBDC4 14.20 — 0.00% ABEV3 15.48 — 0.00% BBAS3 17.13 — 0.00% B3SA3 14.39 — 0.00% WEGE3 48.19 — 0.00% PRIO3 60.48 — 0.00% SUZB3 53.40 ▲ 2.12% RENT3 30.29 — 0.00% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 — 0.00% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 — 0.00% BRKM5 3.20 — 0.00% RANI3 8.53 ▲ 0.83% CSNA3 4.41 — 0.00% IBOV 168,498.45 ▲ 1.39% IPC MEX 71,393.57 ▲ 0.43% MERVAL 2,848,945 — — USD/BRL 5.51 ▼ 0.03% USD/MXN 18.57 ▼ 0.29% USD/CLP 975.74 — 0.00% USD/COP 3,240 ▲ 0.03% USD/PEN 3.44 ▼ 0.08% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.31 ▲ 3.23% USD/PYG 6,358 ▲ 6.40% USD/BOB 11.81 ▲ 0.77% USD/DOP 60.62 ▲ 4.10% USD/CRC 448.27 ▲ 2.01% USD/GTQ 7.64 ▲ 3.17% USD/HNL 26.88 ▲ 3.19% USD/NIO 36.62 — 0.00% USD/VES 895.29 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 2.78% USD/TTD 6.72 ▲ 2.44% EUR/BRL 6.14 ▼ 0.51% BRENT 98.36 ▲ 0.04% WTI 91.30 ▲ 0.52% IRON ORE 161.91 — — COPPER 6.36 ▲ 2.22% GOLD 4,132 ▲ 1.41% SILVER 53.16 ▲ 2.62% SOY 1,201 ▲ 0.99% CORN 442.50 ▲ 0.23% WHEAT 591.25 — 0.00% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 130.55 ▲ 1.63% COTTON 78.54 ▼ 0.22% COCOA 5,119 ▼ 1.20% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 — 0.00% VALE3 64.04 — 0.00% ITUB4 40.53 — 0.00% BBDC4 14.20 — 0.00% ABEV3 15.48 — 0.00% BBAS3 17.13 — 0.00% B3SA3 14.39 — 0.00% WEGE3 48.19 — 0.00% PRIO3 60.48 — 0.00% SUZB3 53.40 ▲ 2.12% RENT3 30.29 — 0.00% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 — 0.00% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 — 0.00% BRKM5 3.20 — 0.00% RANI3 8.53 ▲ 0.83% CSNA3 4.41 — 0.00%
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Business - Brazil Politics - Brazil

“Semi-presidentialism is a trick to prevent us from winning the elections” – Brazil’s ex-president Lula

By · · 3 min read

RIO DE JANEIRO, BRAZIL – Ex-president Luiz Inácio Lula da Silva (PT) on Tuesday (20) criticized recent debates on the possibility of Brazil adopting a semi-presidential system.

The change in the government system to give more power to Congress and create the figure of the prime minister from 2026 has been advocated by Chamber president Arthur Lira (PP-AL). Estadão newspaper has reported that the debate is a strategy aimed at easing the pressure for the opening of impeachment proceedings against president Jair Bolsonaro.

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Chamber president Arthur Lira (PP-AL) and president Jair Bolsonaro.
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“Semi-presidentialism is another trick to try to prevent us from winning the elections,” Lula said to Jovem Pan radio. It is the ex-president’s first statement on the topic.

“You can’t play around with political reform, this is something that must be discussed very seriously. There are 32 parties and each one has a specific interest in the 2022 elections. Each one is interested in its own life, how much the electoral fund will yield… We need a reform in the country’s political mentality, to think about Brazil, and not about their own navels.”

The semi-presidential model maintains the figure of the president, elected by direct vote, but delegates the leadership of the government to the prime minister. It is the prime minister who appoints and leads the entire team, the so-called “Council of Ministers,” including even the Central Bank president.

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Left-wing party members have interpreted the debate as a way to undermine Lula, who leads the polls for 2022.

“Impeachment without a crime, the 2018 electoral fraud, and semi-presidentialism are three parts of the same play. The victim is the same: popular sovereignty. Imagine Congress choosing the head of government,” said former São Paulo mayor Fernando Haddad.

The president of PT, deputy Gleisi Hoffmann, spoke in the same vein: “History teaches us to respect the people’s sovereignty. And in Brazil it is presidentialism that represents this. No more tricks,” she said.

History: in plebiscites, Brazilians chose presidentialism in 1963 and in 1993

Brazil has held two plebiscites – in 1963 and in 1993 – for the population to choose which political system they would live under. Non-presidential systems were rejected both times.

After the resignation of Jânio Quadros in 1961 due to pressure from groups opposed to the inauguration of João Goulart, Jânio’s vice-president, Congress implemented the parliamentary system to prevent political tensions from triggering a civil war.

Institutional Amendment No. 4, which temporarily established parliamentarianism in Brazil, provided for a plebiscite on whether to maintain this political system or return to presidentialism.

Of an electorate of 18 million people, 11.5 million voted in the plebiscite. The result determined the return to the presidential system by 9.4 million to 2 million votes.

In 1993, as provided for in the 1988 Constitution, a public consultation on the form of government was held after the re-democratization. The population was able to choose between a republican or monarchical regime, within a presidential or parliamentarian system.

With 55% of votes, presidentialism was confirmed as the majority choice. Parliamentarianism had 25% of the votes and monarchy 10%.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. How we use AI · Report an error

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

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