IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL5.11▼ 0.04% USD/MXN17.52▲ 0.27% USD/CLP923.90▼ 0.41% USD/COP3,242▼ 0.13% USD/PEN3.41▲ 0.42% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.37% USD/PYG6,055▲ 1.45% USD/BOB10.14▲ 4.01% USD/DOP58.61▲ 0.22% USD/CRC448.82▲ 1.41% USD/GTQ7.63▲ 2.31% USD/HNL26.72▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.40% USD/TTD6.75▲ 1.44% EUR/BRL5.82▼ 0.79% BRENT 79.10 ▲ 4.07% WTI 74.32 ▲ 4.08% IRON ORE 161.91 — — COPPER 6.21 ▼ 0.46% GOLD 4,061 ▼ 1.05% SILVER 58.45 ▼ 2.27% SOY 1,196 ▼ 0.06% CORN 467.25 ▲ 6.68% WHEAT 643.75 ▲ 1.86% COFFEE 318.60 ▼ 10.74% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 6,100 ▼ 3.31% BEEF 235.20 ▼ 0.02% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 62,805 ▼ 1.49% ETH 1,781 ▼ 1.36% SOL 76.03 ▼ 1.10% XRP 1.07 ▼ 1.07% BNB 568.74 ▼ 0.91% ADA 0.16 ▼ 1.83% DOGE 0.07 ▼ 0.71% AVAX 6.47 ▲ 1.06% LINK 7.93 ▼ 0.78% DOT 0.83 ▼ 1.68% LTC 43.62 ▼ 0.80% BCH 236.96 ▼ 1.25% TRX 0.33 ▼ 0.27% XLM 0.18 ▼ 1.71% HBAR 0.07 ▼ 0.58% NEAR 1.87 ▼ 1.09% ATOM 1.54 ▼ 1.47% AAVE 94.71 ▼ 2.42% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,256 ▲ 0.44% USD/ZAR16.39▲ 0.41% USD/NGN 1,376 — 0.00% NIKKEI 67,226 ▼ 1.94% CSI300 4,717 ▼ 1.34% HSI 24,138 ▼ 0.15% NIFTY 24,029 ▼ 0.74% KOSPI 6,971 ▼ 6.76% JCI 5,933 ▲ 0.14% USD/JPY162.03▲ 0.19% USD/CNY6.78▲ 0.09% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD1.14▲ 0.02% GBP/USD1.34▼ 0.07% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 15.03 ▼ 5.11% USD/CAD1.42▼ 0.03% US10Y 4.5690 ▲ 0.66% IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 ▼ 0.04% USD/MXN 17.52 ▲ 0.27% USD/CLP 923.90 ▼ 0.41% USD/COP 3,242 ▼ 0.13% USD/PEN 3.41 ▲ 0.42% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.37% USD/PYG 6,055 ▲ 1.45% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.61 ▲ 0.22% USD/CRC 448.82 ▲ 1.41% USD/GTQ 7.63 ▲ 2.31% USD/HNL 26.72 ▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.40% USD/TTD 6.75 ▲ 1.44% EUR/BRL 5.82 ▼ 0.79% BRENT 79.10 ▲ 4.07% WTI 74.32 ▲ 4.08% IRON ORE 161.91 — — COPPER 6.21 ▼ 0.46% GOLD 4,061 ▼ 1.05% SILVER 58.45 ▼ 2.27% SOY 1,196 ▼ 0.06% CORN 467.25 ▲ 6.68% WHEAT 643.75 ▲ 1.86% COFFEE 318.60 ▼ 10.74% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 6,100 ▼ 3.31% BEEF 235.20 ▼ 0.02% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 62,805 ▼ 1.49% ETH 1,781 ▼ 1.36% SOL 76.03 ▼ 1.10% XRP 1.07 ▼ 1.07% BNB 568.74 ▼ 0.91% ADA 0.16 ▼ 1.83% DOGE 0.07 ▼ 0.71% AVAX 6.47 ▲ 1.06% LINK 7.93 ▼ 0.78% DOT 0.83 ▼ 1.68% LTC 43.62 ▼ 0.80% BCH 236.96 ▼ 1.25% TRX 0.33 ▼ 0.27% XLM 0.18 ▼ 1.71% HBAR 0.07 ▼ 0.58% NEAR 1.87 ▼ 1.09% ATOM 1.54 ▼ 1.47% AAVE 94.71 ▼ 2.42% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,256 ▲ 0.44% USD/ZAR 16.39 ▲ 0.27% USD/NGN 1,376 — 0.00% NIKKEI 67,226 ▼ 1.94% CSI300 4,717 ▼ 1.34% HSI 24,138 ▼ 0.15% NIFTY 24,029 ▼ 0.74% KOSPI 6,971 ▼ 6.76% JCI 5,933 ▲ 0.14% USD/JPY 162.07 ▲ 0.25% USD/CNY 6.7834 ▲ 0.25% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD 1.1401 ▼ 0.16% GBP/USD 1.3379 ▼ 0.14% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 15.03 ▼ 5.11% USD/CAD 1.4158 ▲ 0.04% US10Y 4.5690 ▲ 0.66%
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Brazil Politics - Brazil

The Supreme Court has an approval rating of only 23% in Brazil; among Bolsonaro supporters, the figure drops to 12%

By · December 24, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – Only 23% of Brazilians think the Supreme Court’s (STF) work is excellent or good and 34% think it is terrible.

The data was collected between December 13 and December 16 through a face-to-face survey by Datafolha of 3,666 people 16 and older in 191 cities.

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The negative impression is even more pronounced among voters who plan to vote for Jair Bolsonaro (PL) next year.

Looking only at this group, only one in ten respondents (12%) approve of the Supreme Court’s work, while 57% disapprove.

Among Lula da Silva’s (PT) declared voters, disapproval of the court drops to 24%, ten percentage points below the general average. On the other hand, 30% like the performance of the college.

Justices Alexandre de Moraes. (Photo internet reproduction)
Justices Alexandre de Moraes. (Photo internet reproduction)
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‘LA LOI C’EST NOUS’

There is widespread talk of a so-called “dictatorship of the toga” in Brazil. With recurring regularity, some or all Justices overrule the decisions of the Bolsonaro government.

Here are some examples from recent weeks in which the STF has undermined the policies of the democratically elected president and his ministers:

December 16
Brazil’s Supreme Court votes by a majority in favor of mandatory vaccination passports for travelers entering Brazil
(President and Ministry of Health oppose mandatory vaccination passport).

December 12
Brazil’s Supreme Court overrules Health Ministry and requires proof of vaccination for foreign visitors

November 13
Brazil’s Supreme Court overturns labor legislation banning hiring and firing for lack of vaccination

September 30
Brazil’s Supreme Court reinstates vaccination certificate in Rio de Janeiro

September 17
Brazil’s Supreme Court suspends Bolsonaro’s decree, keeps gun control in place

Critics say Brazil’s Supreme Court is setting precedents potentially dangerous to democracy. The STF is said to have adopted unorthodox measures and largely ignored the Federal Prosecutor General in its attempt to restrain what is said to be a Bolsonarist onslaught against governmental institutions.

Some say that sidestepping due process, regardless of the intended purpose, could lead to the creation of dangerous precedents that, in the future, could be used arbitrarily by the Judiciary in general.

BOLSONARO ASKED CONGRESS TO IMPEACH SUPREME COURT JUSTICES

USP Law School professor Rafael Mafei compares the relationship between the Planalto Palace and the STF to a soccer match where tempers flare and fouls become increasingly harsher. “In these cases, there are only two possible outcomes: either the opposing party is intimidated and retreats, or it escalates into a generalized clash, and the game stops.”

Jair Bolsonaro announced on August 14 that he would ask Congress to initiate impeachment proceedings against two Supreme Court Justices who have ordered legal action against him, whom he accuses of violating the Constitution.

The announcement was a new step in the institutional crisis the country was and still is experiencing due to the confrontation between the head of state and members of the country’s highest Court, who claim to be trying to curb abuses.

“Justices Alexandre de Moraes and Luis Roberto Barroso of the Supreme Federal Court have long exceeded the limits of the Constitution with their decisions,” the President said back then.

Bolsonaro claimed that Barroso is violating his right to free speech by prosecuting him for publicly doubting the security of Brazil’s electronic voting system and insinuating that fraud is possible.

Judge Barroso and President Bolsonaro have clashed verbally dozens of times. In August, this dispute, which appears to be personal in nature, escalated and started to affect the entire country, including foreign investors interested who increasingly began fearing a political and institutional crisis.

There were five cases against President Bolsonaro before the Supreme Court and one before the Electoral Tribunal: for alleged attacks on the electoral system; for divulging a confidential court document; for spreading allegedly anti-democratic messages; for allegedly interfering with the federal police; and for allegedly protecting corruption in the purchase of vaccines against Covid-19.

Critics say that this multiplicity of investigations against the incumbent president is intended to create anti-Bolsonaro sentiment among Brazilians in light of the upcoming 2022 elections, with an implicit message that …..Bolsonaro is not serious and should not be elected for a second round.

A calculation that has worked out perfectly well so far.

 

 

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