IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL5.19▼ 0.16% USD/MXN17.03▼ 0.03% USD/CLP930.58— 0.00% USD/COP3,200▲ 1.19% USD/PEN3.35▼ 0.05% USD/ARS1,512▼ 0.03% USD/UYU40.27▲ 1.47% USD/PYG5,900▲ 1.27% USD/BOB11.78▲ 3.30% USD/DOP58.61▲ 0.96% USD/CRC446.65▲ 0.97% USD/GTQ7.62▲ 2.20% USD/HNL26.84▲ 0.40% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.84% EUR/BRL6.01▼ 0.07% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Sunday, August 30, 2026

Brazil Brazil elections 2022

Bolsonaro isolates himself, silences on result and asks for time

By · October 31, 2022 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

The president and defeated re-election candidate, Jair Bolsonaro (PL, right), isolated himself on Sunday (Oct.30) after the result of the 2022 elections was proclaimed.

Former President Luiz Inácio Lula da Silva (PT, left) was elected the 39th president of the Federative Republic of Brazil.

He is the first in history to be chosen for the position three times by direct vote. Lula had been elected president before, in 2002 and 2006, always in the second round.

Jair Bolsonaro. (Photo internet reproduction)
Jair Bolsonaro. (Photo internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

According to Poder360, Bolsonaro is isolated inside the Alvorada Palace. He asked his allies not to disturb him. He refused to receive, for example, Minister Adolfo Sachsida (Mines and Energy).

Bolsonaro received sons, the aide-de-camp, Mauro Cid, and called the minister of Defense, Paulo Sérgio Nogueira. He also met with Minister Anderson Torrs of Justice and Public Security.

He did not want to receive any close deputies, senators, or campaign headquarters members.

At 10:04 pm, the lights went out in the Alvorada Palace.

Journalists from the national and international media were waiting for the Chief Executive’s statement but were left without Bolsonaro’s speech.

In the call he had with Moraes, the TSE president informed that the Electoral Justice was able to announce who was elected in the election and that he would proclaim the result. Moraes congratulated them both for their participation in the election.

The minister did not detail if they talked about other subjects. About the call to Bolsonaro, he said that the head of the Executive answered him with “extreme politeness”.

“President Bolsonaro answered me with extreme politeness, thanked me for the call, and that was all. Moraes’ speech about the call to the candidates was made during an interview at the Electoral Court headquarters at the end of the counting of the elections.

With 99.99% of the ballots counted, the TSE system shows Lula with 50.90% (60,343,307 votes). Bolsonaro appears with 49.10% (58,205,269 votes).

Bolsonaro has already said he would respect the result of “clean elections”.

In an interview with Jornal Nacional of the Rede Globo TV station, he made the statement in late August.

Moraes said he sees “no real risk” of contesting the result of the 2022 elections.

“If there are challenges within the rule, they will be analyzed normally.”

CONSERVATIVE RIGHT IN THE OPPOSITION

The Bolsonaro clan will still have three political mandates in the seats of the Chief Executive’s sons: until 2026, with Flávio Bolsonaro (PL-RJ) in the Senate, and Eduardo Bolsonaro (PL-SP) in the House; Carlos Bolsonaro (Republicans) until 2024 in the Legislative Assembly of Rio de Janeiro.

In Congress, the first battle will be in the disputes for the presidencies of the House and Senate.

The Bolsonarists want to keep Congressman Arthur Lira (PP-AL) and exchange Senator Rodrigo Pacheco (PSD-MG).

The country is split down the middle, and the climate of polarization should prevail for the next four years.

Bolsonaro’s defeat was considered likely before the final round of voting.

The current president had 6,187,159 fewer votes than Lula in the first round.

The pattern in presidential contests is that the candidate who started the competition at a significantat disadvantage does not manage to turn in enough votes until the day of the 2nd round.

This is what happened.

The PL candidate obtained 51,072,345 votes (43.2% of the valid votes) in the first round on October 2. Lula received 57,259,504.

With Sunday’s defeat, the president breaks the pattern of Brazilian heads of state elected since 1994 -all have been reelected for a 2nd term: Fernando Henrique Cardoso (in 1998), Lula (2006), and Dilma Rousseff (2014).

Bolsonaro will hand over the office at age 67 in 2023.

A retired Army Captain, in 2018, he was the 1st military man elected by direct vote to the Planalto in over seven decades.

With information from Poder360

Read More from The Rio Times

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

Rotate for Best Experience

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