IBOV 205,082.56 ▲ 0.47% IPSA 10,746.36 ▼ 0.31% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,540.10 ▲ 0.46% BVL PERÚ 57,021.19 ▲ 0.13% USD/BRL4.99▲ 0.31% USD/MXN18.73▲ 0.33% USD/CLP994.76— 0.00% USD/COP3,153▲ 0.73% USD/PEN3.43▼ 0.48% USD/ARS1,529▼ 0.02% USD/UYU40.08— 0.00% USD/PYG5,760— 0.00% USD/BOB11.78— 0.00% USD/DOP61.01▼ 0.18% USD/CRC452.44— 0.00% USD/GTQ7.64— 0.00% USD/HNL26.87— 0.00% USD/NIO36.62— 0.00% USD/VES885.08▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72— 0.00% EUR/BRL5.59▼ 0.37% 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 205,082.56 ▲ 0.47% IPSA 10,746.36 ▼ 0.31% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,540.10 ▲ 0.46% BVL PERÚ 57,021.19 ▲ 0.13% 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
Monday, October 26, 2026

Brazil Brazil Elections 2026

Trump Adviser Posts Flávio Speech on 25 Oct

By · October 26, 2026 · 6 min read
Senator Flávio Bolsonaro in a blue suit speaks to reporters in the Senate, with microphones and phones raised around him and a cake with a Brazilian flag in front
Photo: Ton Molina / Agência Senado / Wikimedia Commons (CC BY-SA 4.0)

BRAZIL · ELECTION DISPUTE

Key Facts

  • —What is happening Jason Miller, an adviser to Donald Trump, posted an English translation of Flávio Bolsonaro’s speech on X late on Sunday, 25 October, after Bolsonaro refused to accept his runoff defeat.
  • —Why it matters The post ties Trump’s circle to a contested result in Latin America’s largest country, after Brazil’s electoral court confirmed Lula’s win and Bolsonaro said he would seek annulment.
  • —The numbers Lula won 64.26 million votes, or 51.79% of valid votes, against 59.83 million for Bolsonaro, a gap of about 4.4 million; about 128.2 million Brazilians voted.
  • —Who is who Miller is a veteran of Trump campaigns; Bolsonaro is a Liberal Party senator and son of ex-president Jair Bolsonaro; Lula, 80, of the Workers’ Party, wins a fourth term.
  • —What to watch Whether Bolsonaro’s lawyers file the annulment request, how the electoral court answers, and whether the White House or State Department comments before Lula takes office on Tuesday, 5 January 2027.
  • —Power Index Brazil ranks 1st of 14 in The Rio Times Latin America Power Index, with 75.0 points (October 2026 edition).
  • —What it means for you US readers see Trump-aligned voices back the loser while Brazilian institutions confirm the result, a split that matters for US-Brazil relations and for investors in Brazilian assets.

Live tonight

Brazil’s runoff, live

The official TSE count for Flávio Bolsonaro and Lula, updated every minute (voting closed at 7 p.m. Brasília, 6 p.m. ET).

Open the live results →

Brazil election 2026 · Brazil election polls · Who will win: Brazil election odds · Brazil runoff date and results start · Brazil election results · Brazil election poll data (CSV) · All election stories

Prediction markets · who wins the runoff

Implied chance of winning Brazil’s presidency on 25 October, from traders’ prices.

Polymarket

Flávio Bolsonaro – · Lula – (US$249 million traded)

Kalshi (regulated in the US by the CFTC)

Flávio Bolsonaro 0.4% · Lula 99.6%

As of 25 October, 11:40 pm ET (03:40 Lisbon), updated every 20 minutes. Prices are bets, not polls, and can move fast.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

Trump adviser Jason Miller gave English readers Flávio Bolsonaro’s refusal to accept Lula’s win. The post followed the confirmed result.

Jason Miller, an adviser to Donald Trump, posted an English translation of Flávio Bolsonaro’s speech on X late on Sunday, 25 October. The CNN Brasil report says Bolsonaro had just refused to accept defeat.

Brazil Election Data Room
Runoff poll average: Flávio Bolsonaro 51.0%, Lula 49.0%
45 national polls from 21 pollsters since 4 October, updated hourly. Every poll, free to download.

Bolsonaro lost the runoff in the Brazil election 2026 to Luiz Inácio Lula da Silva, who won a fourth term. He said he would ask for the vote to be annulled, which turns a foreign adviser’s post into a US political question.

What Jason Miller Posted

The broadcaster says Miller published the translation on Sunday night, and the embedded post carries a date of 26 October. The caption read “FULL STATEMENT FROM @FLAVIOBOLSONARO”, followed by a link.

It calls Miller a Trump adviser, and a second outlet, Boca, also says he shared and translated the speech. The article does not reproduce the translated text.

Miller has backed Bolsonaro before, and Poder360 reported a photo he posted with Bolsonaro on Tuesday, 31 March, captioned “Bolsonaro 2026. Let’s go!”.

Poder360 describes Miller as a senior adviser to Trump’s 2016, 2020 and 2024 campaigns and a partner at the consultancy SHW Partners. Nothing in the reports shows him holding a US government post.

A white marble colonnade and glass facade of a modern court building under a deep blue sky in Brasília
The facade of the Supreme Federal Court (STF) in Brasília, pictured in February 2025. The photo does not show the 25 October events. Photo: Agência Senado / Wikimedia Commons (CC BY 2.0)

What Flávio Bolsonaro Said

Bolsonaro spoke in Brasília on Sunday night, and Terra quotes him saying it is impossible to recognise the result. In InfoMoney’s account he added that this is so in the context in which these things happened.

His main complaint is Supreme Court justice Cristiano Zanin’s order to extend voting from 5 p.m. to 7 p.m. Brasília time. That is 4 p.m. to 6 p.m. ET, and Zanin acted after Lula’s campaign cited transport problems for voters in several states.

Bolsonaro said he will never know how many votes he lost where voting machines had already closed. He also noted that Zanin once worked as Lula’s lawyer, and said his legal team would seek annulment, O Liberal reported.

O Liberal and Terra add that his own campaign had asked the electoral court that afternoon to extend voting in some cities. Bolsonaro also said party poll-watchers were removed from the secure counting room, which InfoMoney says is unproven.

How Brazil’s Electoral Authorities Responded

The Superior Electoral Court (TSE), which runs Brazil’s elections, announced Lula’s re-election on Sunday. Its announcement gives 64,256,232 votes (51.79%) to Lula and 59,826,041 (48.21%) to Bolsonaro.

That is a gap of about 4.4 million votes. About 128.2 million of more than 158 million eligible voters took part, and abstention was about 19.2%.

The TSE says the request for more time reached its president around 3:30 p.m. Brasília time, or 2:30 p.m. ET. It says no rule allowed an extension, and that the decision came after thousands of machines had closed.

TSE president Kassio Nunes Marques, named to the Supreme Court by Jair Bolsonaro, said he had absolute confidence in the process. Agência Brasil says he phoned both Lula and Bolsonaro.

Senate president Davi Alcolumbre said there was nothing to contest, O Liberal reported. Prosecutor-General Paulo Gonet said the will of voters should be respected.

Where Trump and His Circle Stand

Donald Trump Jr. criticised Zanin’s order in a post on X on Sunday. The broadcaster quoted him as saying “everyone in the mainstream press in America would lose their minds”.

Brasil 247 and Times Brasil, citing the agency EFE, say Trump said Brazil had just applied the Joe Biden “playbook”. Both give his words only in Portuguese, so the English here is a translation, and neither names the channel he used.

Trump received Bolsonaro in the Oval Office on Tuesday, 26 May, Viva and Band reported in June. Band says Bolsonaro himself shared the photo of the meeting on X.

None of the reports opened carries a statement on the result from the White House or the State Department. Earlier coverage includes Brazil’s foreign minister on US involvement in the runoff.

What It Means for US Readers

A Trump adviser amplifying the loser’s case puts part of Washington’s political circle against a result Brazil’s institutions call settled. It is not a US government position, because the sources show none.

Investors in Brazilian assets should watch the annulment filing and the TSE’s reply, not social media posts. The sources reviewed contain no market data on this dispute.

Background is in earlier reports on the refusal to concede, what each side says and Lula’s adviser on Trump. The Brazil hub collects the latest coverage.

What Is Not Known

The English text of Miller’s translation was not seen, and the original X post could not be opened. It is not reported whether Bolsonaro’s team supplied or approved the translation.

No filing of the annulment request, and no court, was named in the sources by Monday, 26 October. Bolsonaro’s claims about the extension and the counting room are his own and unproven.

Trump’s remarks come from EFE through two outlets, without the original English or the channel used. CNN Brasil is the only source found for Trump Jr.’s post and for Miller’s caption.

What Comes Next

Bolsonaro’s lawyers are expected to file the annulment request, but the court and the date are not yet known. A request is not a ruling, and the TSE has already confirmed the count.

Lula takes office on Tuesday, 5 January 2027, as Brazil’s 40th president, Agência Brasil reported. Any US reaction would come through the White House or the State Department.

Frequently Asked Questions

Who is Jason Miller?

Miller is described as an adviser to Donald Trump by the Brazilian broadcaster that reported the post. Poder360 says he advised Trump’s 2016, 2020 and 2024 campaigns.

What did Flávio Bolsonaro say after the runoff?

He said it is impossible to recognise the result given what happened, and that his legal team would seek annulment. He pointed to the voting extension ordered by justice Cristiano Zanin.

Who won Brazil’s runoff?

Lula won with 64,256,232 votes, or 51.79% of valid votes, against 59,826,041 for Bolsonaro. The TSE announced the result on Sunday, 25 October.

Has the US government commented?

None of the reports opened carries a statement from the White House or the State Department. Trump Jr. is quoted by a Brazilian broadcaster, and Trump by outlets citing a news agency.

Why was voting extended?

Zanin extended voting to 7 p.m. Brasília time after Lula’s campaign cited transport problems. The TSE says no rule allowed it, and Bolsonaro calls it unfair.

When does Lula take office?

Lula takes office on Tuesday, 5 January 2027, as Brazil’s 40th president. The TSE president said so in his call to Lula.

Sources: CNN Brasil, 25 October; Superior Electoral Court (TSE), 25 October; Agência Brasil, 25 October; Terra, 25 October; InfoMoney, 25 October; O Liberal, 26 October; Correio Braziliense, 25 October; Boca; Poder360, 1 April; Brasil 247, 25 October; Times Brasil, 25 October; Viva, 2 June; Band, 2 June (all accessed 26 October 2026).

RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Lula re-elected in Brazil with 51.8% of valid votes”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

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

Free · Any country in the world · Prediction markets
Want prediction market reports on your country?
Pick any country in the world. Your report arrives the moment you confirm, then every Sunday: what the markets say about elections, currencies and policy there, with volumes and plain-English explanations.
Free. We first send you an email to confirm your address, and nothing else arrives until you click its link. You then get your country report right after you confirm, then every Sunday and our free daily briefing for your region. Unsubscribe with one click at any time; see our privacy policy.
The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

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

Rotate for Best Experience

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