IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.41% USD/MXN17.40▼ 0.17% USD/CLP934.68▲ 0.02% USD/COP3,220▼ 1.50% USD/PEN3.39▲ 0.11% USD/ARS1,478▼ 0.27% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.07▲ 0.40% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 1.28% BRENT 91.15 ▲ 2.16% WTI 84.41 ▲ 1.42% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.64% GOLD 4,072 ▲ 1.54% SILVER 59.05 ▲ 3.95% SOY 1,223 ▼ 0.27% CORN 475.50 ▲ 5.78% WHEAT 678.00 ▲ 0.59% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 141.95 ▼ 3.70% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.08 ▼ 1.52% CATTLE 344.95 ▼ 2.00% LITHIUM 69.20 ▲ 3.40% PETR4 41.61 ▲ 1.12% VALE3 72.33 ▲ 0.56% ITUB4 42.42 ▲ 0.28% BBDC4 18.54 ▲ 0.71% ABEV3 15.85 ▲ 0.38% BBAS3 20.67 ▲ 2.48% B3SA3 15.11 ▼ 0.98% WEGE3 42.64 ▼ 1.14% PRIO3 58.51 ▲ 1.42% SUZB3 41.46 ▼ 1.03% RENT3 36.68 ▼ 2.16% AZZA3 17.76 ▼ 2.26% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.81 ▼ 1.04% PSSA3 53.24 ▼ 1.77% CVCB3 1.14 ▲ 5.56% POSI3 3.72 ▲ 0.54% SLCE3 13.61 ▲ 0.29% NATU3 8.75 ▲ 1.39% BRKM5 5.82 ▼ 2.02% RANI3 7.89 ▼ 1.25% CSNA3 5.07 — 0.00% CMIN3 5.45 ▲ 1.11% USIM5 8.42 ▲ 3.19% GGBR4 23.63 ▲ 0.04% ENEV3 25.30 ▼ 1.36% CPFE3 46.46 ▲ 0.30% CMIG4 11.03 ▲ 0.09% EQTL3 38.54 ▼ 1.91% LREN3 13.17 ▼ 1.05% VIVT3 35.46 ▼ 0.59% RAIL3 13.25 ▼ 2.36% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.45 ▼ 1.28% RDOR3 33.60 ▼ 5.22% HAPV3 11.13 ▼ 3.64% FLRY3 16.37 ▼ 1.15% SMTO3 15.41 — 0.00% UGPA3 31.62 ▼ 0.25% VBBR3 33.70 ▼ 1.20% BBSE3 41.11 ▲ 0.15% BPAC11 55.49 ▼ 0.63% CURY3 29.62 ▼ 1.89% AERI3 2.05 ▼ 0.97% VIVARA 21.29 ▼ 3.05% COMPASS 24.36 ▼ 0.98% VAMOS 3.09 — 0.00% SANB11 27.20 ▲ 0.70% ASAI3 8.19 ▲ 0.61% SBSP3 28.60 ▼ 1.31% WALMEX 49.27 ▼ 0.22% GMEXICO 206.98 ▲ 3.06% FEMSA 226.10 ▼ 0.38% CEMEX 21.87 ▼ 0.05% GFNORTE 186.17 ▲ 3.43% BIMBO 59.04 ▼ 0.77% TELEVISA 9.74 ▲ 0.31% AMX 22.69 ▼ 0.22% GAP 377.06 ▼ 0.30% ASUR 273.18 ▼ 0.43% OMA 224.56 ▼ 0.83% KOF 180.78 ▼ 0.02% GRUMA 283.74 ▼ 1.34% KIMBER 38.11 ▼ 0.73% SQM-B 64,922 ▲ 2.85% COPEC 6,365 ▲ 2.66% BSANTANDER 79.39 ▲ 4.34% FALABELLA 5,902 ▲ 0.46% ENELAM 84.01 ▼ 0.12% CENCOSUD 2,022 ▲ 1.38% CMPC 1,083 ▲ 1.59% BANCO CHILE 191.00 ▲ 2.42% LATAM AIR 24.35 ▼ 0.25% YPF 80,200 ▲ 1.26% GGAL 8,010 ▲ 2.10% PAMPA 5,455 ▲ 3.51% TXAR 665.50 ▼ 0.75% ALUAR 967.00 ▲ 0.78% TGS 9,805 ▲ 3.21% CEPU 2,352 ▲ 2.75% MIRGOR 16,750 ▼ 2.19% COME 43.02 ▲ 0.16% LOMA NEGRA 3,630 ▲ 1.61% BYMA 293.50 ▼ 0.09% TELECOM ARG 4,225 ▲ 1.93% ECOPETROL 16.46 ▲ 2.65% BANCOLOMBIA 83.61 ▲ 3.45% GRUPO AVAL 5.02 ▲ 1.31% CREDICORP 394.61 ▲ 2.00% SOUTHERN COPPER 186.07 ▲ 6.28% BUENAVENTURA 31.27 ▲ 4.03% MERCADOLIBRE 1,817 ▼ 0.84% NUBANK 14.26 ▲ 1.93% XP 16.72 ▼ 0.51% PAGSEGURO 9.53 ▲ 2.53% STONE 11.25 ▲ 1.12% GLOBANT 31.94 ▼ 1.10% TECNOGLASS 45.78 ▼ 0.72% GAP AIRPORT 216.95 ▼ 0.08% ASUR 273.18 ▼ 0.43% OMA AIRPORT 103.45 ▼ 0.54% AMX ADR 26.01 ▼ 0.34% FEMSA ADR 129.80 ▼ 0.16% CEMEX ADR 12.58 ▲ 0.68% PETROBRAS ADR 18.48 ▲ 1.57% VALE ADR 14.24 ▲ 0.99% ITAU ADR 8.36 ▲ 0.42% SANTANDER BR 5.40 ▲ 0.47% AMBEV ADR 3.11 ▲ 0.97% CSN 1.02 ▲ 0.50% GERDAU 4.66 ▼ 0.53% LATAM ADR 52.05 ▲ 0.60% BTC 66,184 ▲ 1.46% ETH 1,919 ▲ 0.78% SOL 77.68 ▼ 0.14% XRP 1.16 ▲ 3.91% BNB 572.87 ▲ 0.37% ADA 0.17 ▲ 2.13% DOGE 0.07 ▲ 1.61% AVAX 6.61 ▲ 0.51% LINK 8.62 ▲ 0.45% DOT 0.85 ▲ 3.37% LTC 47.27 ▼ 0.14% BCH 224.87 ▲ 2.26% TRX 0.33 ▲ 0.53% XLM 0.19 ▲ 2.95% HBAR 0.07 ▲ 3.26% NEAR 1.93 ▼ 2.15% ATOM 1.49 ▼ 0.14% AAVE 95.34 ▲ 6.20% SELIC 14.25% EMBRAER 83.21 ▼ 0.10% EMBRAER ADR 65.69 ▼ 0.36% JBS 11.87 ▼ 1.37% JBS BDR 60.20 ▼ 0.97% MBRF3 15.23 ▲ 4.89% MBRFY 2.96 ▲ 1.72% INTER 5.55 ▼ 1.33% EGX 53,990 ▲ 1.63% USD/ZAR16.45▼ 0.47% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY163.09▲ 0.36% USD/CNY6.76▼ 0.17% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD1.14▼ 0.08% GBP/USD1.34▼ 0.49% SPX 7,511 ▲ 0.92% DJI 52,250 ▲ 0.79% NDX 29,170 ▲ 1.98% RUT 2,980 ▲ 1.28% TSX 35,318 ▲ 1.02% VIX 17.05 ▼ 8.58% USD/CAD1.41▲ 0.26% US10Y 4.6300 ▲ 0.70% IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.41% USD/MXN 17.40 ▼ 0.18% USD/CLP 934.68 ▲ 0.02% USD/COP 3,220 ▼ 1.50% USD/PEN 3.39 ▲ 0.11% USD/ARS 1,478 ▼ 0.27% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.07 ▲ 0.40% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 1.28% BRENT 91.15 ▲ 2.16% WTI 84.41 ▲ 1.42% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.64% GOLD 4,072 ▲ 1.54% SILVER 59.05 ▲ 3.95% SOY 1,223 ▼ 0.27% CORN 475.50 ▲ 5.78% WHEAT 678.00 ▲ 0.59% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 141.95 ▼ 3.70% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.08 ▼ 1.52% CATTLE 344.95 ▼ 2.00% LITHIUM 69.20 ▲ 3.40% PETR4 41.61 ▲ 1.12% VALE3 72.33 ▲ 0.56% ITUB4 42.42 ▲ 0.28% BBDC4 18.54 ▲ 0.71% ABEV3 15.85 ▲ 0.38% BBAS3 20.67 ▲ 2.48% B3SA3 15.11 ▼ 0.98% WEGE3 42.64 ▼ 1.14% PRIO3 58.51 ▲ 1.42% SUZB3 41.46 ▼ 1.03% RENT3 36.68 ▼ 2.16% AZZA3 17.76 ▼ 2.26% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.81 ▼ 1.04% PSSA3 53.24 ▼ 1.77% CVCB3 1.14 ▲ 5.56% POSI3 3.72 ▲ 0.54% SLCE3 13.61 ▲ 0.29% NATU3 8.75 ▲ 1.39% BRKM5 5.82 ▼ 2.02% RANI3 7.89 ▼ 1.25% CSNA3 5.07 — 0.00% CMIN3 5.45 ▲ 1.11% USIM5 8.42 ▲ 3.19% GGBR4 23.63 ▲ 0.04% ENEV3 25.30 ▼ 1.36% CPFE3 46.46 ▲ 0.30% CMIG4 11.03 ▲ 0.09% EQTL3 38.54 ▼ 1.91% LREN3 13.17 ▼ 1.05% VIVT3 35.46 ▼ 0.59% RAIL3 13.25 ▼ 2.36% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.45 ▼ 1.28% RDOR3 33.60 ▼ 5.22% HAPV3 11.13 ▼ 3.64% FLRY3 16.37 ▼ 1.15% SMTO3 15.41 — 0.00% UGPA3 31.62 ▼ 0.25% VBBR3 33.70 ▼ 1.20% BBSE3 41.11 ▲ 0.15% BPAC11 55.49 ▼ 0.63% CURY3 29.62 ▼ 1.89% AERI3 2.05 ▼ 0.97% VIVARA 21.29 ▼ 3.05% COMPASS 24.36 ▼ 0.98% VAMOS 3.09 — 0.00% SANB11 27.20 ▲ 0.70% ASAI3 8.19 ▲ 0.61% SBSP3 28.60 ▼ 1.31% WALMEX 49.27 ▼ 0.22% GMEXICO 206.98 ▲ 3.06% FEMSA 226.10 ▼ 0.38% CEMEX 21.87 ▼ 0.05% GFNORTE 186.17 ▲ 3.43% BIMBO 59.04 ▼ 0.77% TELEVISA 9.74 ▲ 0.31% AMX 22.69 ▼ 0.22% GAP 377.06 ▼ 0.30% ASUR 273.18 ▼ 0.43% OMA 224.56 ▼ 0.83% KOF 180.78 ▼ 0.02% GRUMA 283.74 ▼ 1.34% KIMBER 38.11 ▼ 0.73% SQM-B 64,922 ▲ 2.85% COPEC 6,365 ▲ 2.66% BSANTANDER 79.39 ▲ 4.34% FALABELLA 5,902 ▲ 0.46% ENELAM 84.01 ▼ 0.12% CENCOSUD 2,022 ▲ 1.38% CMPC 1,083 ▲ 1.59% BANCO CHILE 191.00 ▲ 2.42% LATAM AIR 24.35 ▼ 0.25% YPF 80,200 ▲ 1.26% GGAL 8,010 ▲ 2.10% PAMPA 5,455 ▲ 3.51% TXAR 665.50 ▼ 0.75% ALUAR 967.00 ▲ 0.78% TGS 9,805 ▲ 3.21% CEPU 2,352 ▲ 2.75% MIRGOR 16,750 ▼ 2.19% COME 43.02 ▲ 0.16% LOMA NEGRA 3,630 ▲ 1.61% BYMA 293.50 ▼ 0.09% TELECOM ARG 4,225 ▲ 1.93% ECOPETROL 16.46 ▲ 2.65% BANCOLOMBIA 83.61 ▲ 3.45% GRUPO AVAL 5.02 ▲ 1.31% CREDICORP 394.61 ▲ 2.00% SOUTHERN COPPER 186.07 ▲ 6.28% BUENAVENTURA 31.27 ▲ 4.03% MERCADOLIBRE 1,817 ▼ 0.84% NUBANK 14.26 ▲ 1.93% XP 16.72 ▼ 0.51% PAGSEGURO 9.53 ▲ 2.53% STONE 11.25 ▲ 1.12% GLOBANT 31.94 ▼ 1.10% TECNOGLASS 45.78 ▼ 0.72% GAP AIRPORT 216.95 ▼ 0.08% ASUR 273.18 ▼ 0.43% OMA AIRPORT 103.45 ▼ 0.54% AMX ADR 26.01 ▼ 0.34% FEMSA ADR 129.80 ▼ 0.16% CEMEX ADR 12.58 ▲ 0.68% PETROBRAS ADR 18.48 ▲ 1.57% VALE ADR 14.24 ▲ 0.99% ITAU ADR 8.36 ▲ 0.42% SANTANDER BR 5.40 ▲ 0.47% AMBEV ADR 3.11 ▲ 0.97% CSN 1.02 ▲ 0.50% GERDAU 4.66 ▼ 0.53% LATAM ADR 52.05 ▲ 0.60% BTC 66,184 ▲ 1.46% ETH 1,919 ▲ 0.78% SOL 77.68 ▼ 0.14% XRP 1.16 ▲ 3.91% BNB 572.87 ▲ 0.37% ADA 0.17 ▲ 2.13% DOGE 0.07 ▲ 1.61% AVAX 6.61 ▲ 0.51% LINK 8.62 ▲ 0.45% DOT 0.85 ▲ 3.37% LTC 47.27 ▼ 0.14% BCH 224.87 ▲ 2.26% TRX 0.33 ▲ 0.53% XLM 0.19 ▲ 2.95% HBAR 0.07 ▲ 3.26% NEAR 1.93 ▼ 2.15% ATOM 1.49 ▼ 0.14% AAVE 95.34 ▲ 6.20% SELIC 14.25% EMBRAER 83.21 ▼ 0.10% EMBRAER ADR 65.69 ▼ 0.36% JBS 11.87 ▼ 1.37% JBS BDR 60.20 ▼ 0.97% MBRF3 15.23 ▲ 4.89% MBRFY 2.96 ▲ 1.72% INTER 5.55 ▼ 1.33% EGX 53,990 ▲ 1.63% USD/ZAR 16.45 ▼ 0.30% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.02 ▲ 0.35% USD/CNY 6.7554 ▼ 0.03% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD 1.1410 ▼ 0.04% GBP/USD 1.3385 ▼ 0.31% SPX 7,511 ▲ 0.92% DJI 52,250 ▲ 0.79% NDX 29,170 ▲ 1.98% RUT 2,980 ▲ 1.28% TSX 35,318 ▲ 1.02% VIX 17.05 ▼ 8.58% USD/CAD 1.4102 ▲ 0.17% US10Y 4.6300 ▲ 0.70%
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Brazil Politics - Brazil

Brazil’s Judges Claim “Intimidation”, File Suit at Supreme Court Against Abuse Bill

By · October 1, 2019 · 2 min read

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RIO DE JANEIRO, BRAZIL – The Association of Brazilian Magistrates (AMB), which includes 37 regional associations of judges, has requested the Federal Supreme Court (STF) to declare eleven articles in the Abuse of Authority Bill unconstitutional.

In an action brought before the Court this weekend, the body considers that
the law will “intimidate” the judiciary and “seriously compromise the freedom to judge”.

The Association of Brazilian Magistrates pointed out “an unprecedented institutional setback” in the text of the Abuse of Authority Law passed by Congress when it overturned 18 vetoes by President Jair Bolsonaro. (Photo: Internet Reproduction)
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AMB’s Direct Unconstitutionality Action challenges articles 9 (sole paragraph and clauses 1, 2 and 3), 10, 19, 20, 27, 30, 32, 33, 36, 37 and 43 of the Abuse Bill.

The largest and most influential body of judges in Brazil had already publicly stated that it would refer to the Supreme Court against the Abuse of Authority Bill. At the time, the AMB pointed out “unprecedented institutional setback” in its text that Congress approved by overturning 18 vetoes by President Jair Bolsonaro.

For the Association, the new law was designed to “undermine the judiciary before the legal
profession and certain sectors of society answering to cases of an unprecedented and never before imagined magnitude”.

The association wrote in a note: “The purpose of gagging the Brazilian judiciary is evident,
preventing it from judging freely, in accordance with the laws and the Constitution of the country”.

In the initial petition sent to the Supreme Court, the AMB further states that the potential for a magistrate to be incriminated, under the claim of “specific intent to harm a third party”, “benefit himself or a third party” or “mere whim or personal satisfaction”, as highlighted in the Bill’s first article, renders the exercise of jurisdiction “an activity of unacceptable risk to the Democratic Rule of Law”.

The text also states: “should the contested legal provisions not be suspended, more than 17,000 Brazilian magistrates may immediately review their conduct in relation to the proceedings, with undeniable prejudice to the providing of justice”.

According to the association, the provisions in the bill would violate the very nature of
jurisdictional activity; the principle of judicial independence; the principle of legal certainty;
the principle of legitimate confidence; the principle of minimum criminal intervention; and the principle of proportionality.

In addition to the above, the association notes that some crimes provided for in Law 13.869/2019 violate the constitutional principle of the typicity of crimes since they contemplate inadequately specific criminal actions.

In the text, the association further argues that criminal law should only be used when other less serious instruments have been exhausted. According to the AMB, this would not be the case in question, since there are solutions through judicial appeals and the application of disciplinary sanctions provided for in the Organic Law of the National Judiciary (LOMAN).

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