IBOV 177,894.97 ▼ 0.06% IPSA 10,996.46 ▼ 0.48% IPC MEX 66,848.35 ▲ 0.22% MERVAL 3,188,971 ▼ 2.61% COLCAP 2,374.67 ▼ 0.42% BVL PERÚ 57,475.88 ▲ 2.27% USD/BRL5.15▲ 0.36% USD/MXN17.24▼ 0.12% USD/CLP910.64▼ 1.60% USD/COP3,194▼ 1.49% USD/PEN3.38▼ 0.37% USD/ARS1,496▼ 0.03% USD/UYU40.19▲ 1.13% USD/PYG5,932▲ 1.24% USD/BOB12.03▲ 0.12% USD/DOP58.17▲ 1.37% USD/CRC446.90▲ 0.96% USD/GTQ7.62▲ 2.08% USD/HNL26.78▲ 1.44% USD/NIO36.62▲ 0.59% USD/VES753.27▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 0.61% USD/TTD6.71▲ 0.83% EUR/BRL5.94▲ 1.23% BRENT 79.92 ▲ 0.71% WTI 75.85 ▲ 0.11% IRON ORE 161.91 — — COPPER 6.65 ▲ 0.42% GOLD 4,228 ▲ 3.24% SILVER 61.99 ▲ 3.21% SOY 1,174 ▲ 1.62% CORN 462.75 ▲ 4.64% WHEAT 638.50 — 0.00% COFFEE 307.70 ▼ 3.69% SUGAR 15.12 ▲ 0.53% ORANGE JUICE 157.35 ▼ 0.63% COTTON 82.86 ▲ 2.13% COCOA 6,218 ▲ 4.70% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.69 ▲ 3.28% PETR4 42.50 ▼ 1.28% VALE3 76.31 ▲ 2.24% ITUB4 42.10 ▼ 2.48% BBDC4 18.22 ▼ 1.68% ABEV3 15.87 ▲ 0.63% BBAS3 20.99 ▼ 1.32% B3SA3 15.70 ▲ 0.51% WEGE3 49.17 ▲ 2.01% PRIO3 58.45 ▼ 0.09% SUZB3 43.02 ▼ 0.19% RENT3 39.09 ▲ 2.60% AZZA3 16.04 ▼ 1.17% CSAN3 4.05 ▼ 1.22% RAIZ4 0.28 ▲ 7.69% PCAR3 2.75 — 0.00% GMAT3 3.95 ▼ 0.50% PSSA3 54.25 ▲ 0.46% CVCB3 1.38 ▼ 4.17% POSI3 3.50 ▼ 0.28% SLCE3 13.57 ▲ 1.65% NATU3 8.42 ▼ 0.94% BRKM5 5.83 ▼ 2.18% RANI3 8.34 ▼ 0.95% CSNA3 4.79 ▲ 6.21% CMIN3 5.91 ▲ 3.14% USIM5 7.52 ▼ 0.53% GGBR4 25.87 ▲ 0.94% ENEV3 27.16 ▲ 1.53% CPFE3 46.35 ▲ 0.52% CMIG4 11.28 — 0.00% EQTL3 39.21 ▲ 0.82% LREN3 13.67 ▼ 1.30% VIVT3 31.65 ▼ 2.01% RAIL3 14.12 ▼ 0.28% KLABIN 18.25 ▲ 0.05% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.40 ▲ 1.00% HAPV3 11.78 ▼ 1.09% FLRY3 17.49 ▲ 1.27% SMTO3 13.94 ▼ 3.06% UGPA3 32.60 ▼ 1.51% VBBR3 35.44 ▼ 1.91% BBSE3 42.07 ▲ 1.72% BPAC11 56.75 ▼ 0.65% CURY3 31.75 ▲ 0.95% AERI3 2.19 ▲ 1.86% VIVARA 22.60 ▼ 1.05% COMPASS 24.60 ▼ 1.99% VAMOS 3.33 ▲ 2.15% SANB11 29.10 ▲ 0.59% ASAI3 8.66 ▲ 1.29% SBSP3 28.01 ▲ 1.60% WALMEX 50.13 ▲ 0.68% GMEXICO 217.50 ▲ 2.44% FEMSA 218.19 ▲ 0.42% CEMEX 20.10 ▼ 2.43% GFNORTE 197.72 ▼ 0.46% BIMBO 61.07 ▼ 0.36% TELEVISA 9.60 ▼ 1.23% AMX 21.54 ▼ 0.32% GAP 382.00 ▲ 1.57% ASUR 276.31 ▼ 0.82% OMA 239.84 ▲ 4.11% KOF 187.55 ▲ 1.19% GRUMA 263.07 ▼ 0.34% KIMBER 40.31 ▲ 0.75% SQM-B 62,450 ▲ 0.87% COPEC 6,229 ▼ 1.78% BSANTANDER 79.40 ▼ 1.29% FALABELLA 6,260 ▼ 1.94% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,987 ▲ 1.64% CMPC 1,040 ▼ 0.95% BANCO CHILE 189.02 ▼ 1.80% LATAM AIR 25.45 ▲ 0.79% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,375 ▼ 2.27% TXAR 649.00 ▼ 0.84% ALUAR 935.00 ▼ 3.26% TGS 9,520 ▼ 3.74% CEPU 2,303 ▼ 2.83% MIRGOR 1,640 — 0.00% COME 41.92 ▼ 2.94% LOMA NEGRA 3,488 ▼ 2.79% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,358 ▼ 0.63% ECOPETROL 16.31 ▼ 1.78% BANCOLOMBIA 90.01 ▼ 1.21% GRUPO AVAL 5.20 ▼ 0.76% CREDICORP 392.12 ▼ 0.93% SOUTHERN COPPER 195.16 ▲ 4.98% BUENAVENTURA 32.26 ▲ 5.87% MERCADOLIBRE 1,889 ▼ 0.54% NUBANK 14.33 ▼ 0.76% XP 16.97 ▼ 0.35% PAGSEGURO 9.50 ▼ 1.04% STONE 11.23 ▼ 1.06% GLOBANT 38.13 ▲ 2.67% TECNOGLASS 46.25 ▼ 1.10% GAP AIRPORT 220.70 ▲ 1.17% ASUR 276.31 ▼ 0.82% OMA AIRPORT 111.00 ▲ 4.00% AMX ADR 24.88 ▼ 0.32% FEMSA ADR 126.28 — 0.00% CEMEX ADR 11.61 ▼ 1.94% PETROBRAS ADR 18.72 ▼ 1.78% VALE ADR 14.83 ▲ 1.71% ITAU ADR 8.19 ▼ 3.53% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.56% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.69 ▲ 2.16% BTC 64,119 ▲ 0.10% ETH 1,868 ▼ 0.02% SOL 73.96 ▲ 0.33% XRP 1.07 ▼ 0.76% BNB 599.51 ▲ 1.13% ADA 0.19 ▲ 0.38% DOGE 0.07 ▼ 0.39% AVAX 6.68 ▼ 0.06% LINK 8.17 ▲ 0.39% DOT 0.85 ▼ 0.35% LTC 44.82 ▼ 0.02% BCH 210.33 ▼ 1.35% TRX 0.33 ▲ 0.04% XLM 0.17 ▼ 1.28% HBAR 0.07 ▼ 0.52% NEAR 1.72 ▼ 0.37% ATOM 1.36 ▼ 1.32% AAVE 91.58 ▲ 1.29% SELIC 14.25% EMBRAER 90.51 ▲ 1.02% EMBRAER ADR 70.52 ▼ 0.59% JBS 13.61 ▼ 1.09% JBS BDR 70.07 ▲ 0.72% MBRF3 16.93 ▼ 4.35% MBRFY 3.26 ▼ 0.31% INTER 5.70 ▲ 1.24% EGX 54,648 ▲ 0.27% USD/ZAR16.39▲ 0.10% USD/NGN 1,360 — 0.00% NIKKEI 66,300 ▲ 3.66% CSI300 4,658 ▲ 1.24% HSI 25,902 ▲ 0.19% NIFTY 24,553 ▼ 0.25% KOSPI 6,598 ▲ 3.76% JCI 6,350 ▲ 0.48% USD/JPY157.76▲ 0.01% USD/CNY6.75▼ 0.09% DAX 26,326 ▲ 0.47% CAC 8,675 ▲ 0.10% FTSE 10,914 ▲ 0.32% MIB 53,766 ▲ 0.42% IBEX 20,089 ▲ 0.33% STOXX 658.53 ▲ 0.25% EUR/USD1.15▲ 0.10% GBP/USD1.35▲ 0.30% SPX 7,737 ▲ 1.79% DJI 54,086 ▲ 1.71% NDX 29,733 ▲ 3.32% RUT 3,037 ▲ 1.85% TSX 35,802 ▲ 1.63% VIX 16.08 ▼ 2.55% USD/CAD1.41▲ 0.04% US10Y 4.6270 ▼ 1.26% IBOV 177,894.97 ▼ 0.06% IPSA 10,996.46 ▼ 0.48% IPC MEX 66,848.35 ▲ 0.22% MERVAL 3,188,971 ▼ 2.61% COLCAP 2,374.67 ▼ 0.42% BVL PERÚ 57,475.88 ▲ 2.27% USD/BRL 5.15 ▲ 0.36% USD/MXN 17.24 ▼ 0.12% USD/CLP 910.64 ▼ 1.60% USD/COP 3,194 ▼ 1.49% USD/PEN 3.38 ▼ 0.38% USD/ARS 1,496 ▼ 0.03% USD/UYU 40.19 ▲ 1.51% USD/PYG 5,932 ▲ 1.24% USD/BOB 12.03 ▲ 0.12% USD/DOP 58.17 ▲ 1.37% USD/CRC 446.90 ▲ 0.96% USD/GTQ 7.62 ▲ 2.08% USD/HNL 26.78 ▲ 1.44% USD/NIO 36.62 ▲ 0.59% USD/VES 753.27 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 0.61% USD/TTD 6.71 ▲ 0.83% EUR/BRL 5.94 ▲ 1.23% BRENT 79.92 ▲ 0.71% WTI 75.85 ▲ 0.11% IRON ORE 161.91 — — COPPER 6.65 ▲ 0.42% GOLD 4,228 ▲ 3.24% SILVER 61.99 ▲ 3.21% SOY 1,174 ▲ 1.62% CORN 462.75 ▲ 4.64% WHEAT 638.50 — 0.00% COFFEE 307.70 ▼ 3.69% SUGAR 15.12 ▲ 0.53% ORANGE JUICE 157.35 ▼ 0.63% COTTON 82.86 ▲ 2.13% COCOA 6,218 ▲ 4.70% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.69 ▲ 3.28% PETR4 42.50 ▼ 1.28% VALE3 76.31 ▲ 2.24% ITUB4 42.10 ▼ 2.48% BBDC4 18.22 ▼ 1.68% ABEV3 15.87 ▲ 0.63% BBAS3 20.99 ▼ 1.32% B3SA3 15.70 ▲ 0.51% WEGE3 49.17 ▲ 2.01% PRIO3 58.45 ▼ 0.09% SUZB3 43.02 ▼ 0.19% RENT3 39.09 ▲ 2.60% AZZA3 16.04 ▼ 1.17% CSAN3 4.05 ▼ 1.22% RAIZ4 0.28 ▲ 7.69% PCAR3 2.75 — 0.00% GMAT3 3.95 ▼ 0.50% PSSA3 54.25 ▲ 0.46% CVCB3 1.38 ▼ 4.17% POSI3 3.50 ▼ 0.28% SLCE3 13.57 ▲ 1.65% NATU3 8.42 ▼ 0.94% BRKM5 5.83 ▼ 2.18% RANI3 8.34 ▼ 0.95% CSNA3 4.79 ▲ 6.21% CMIN3 5.91 ▲ 3.14% USIM5 7.52 ▼ 0.53% GGBR4 25.87 ▲ 0.94% ENEV3 27.16 ▲ 1.53% CPFE3 46.35 ▲ 0.52% CMIG4 11.28 — 0.00% EQTL3 39.21 ▲ 0.82% LREN3 13.67 ▼ 1.30% VIVT3 31.65 ▼ 2.01% RAIL3 14.12 ▼ 0.28% KLABIN 18.25 ▲ 0.05% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.40 ▲ 1.00% HAPV3 11.78 ▼ 1.09% FLRY3 17.49 ▲ 1.27% SMTO3 13.94 ▼ 3.06% UGPA3 32.60 ▼ 1.51% VBBR3 35.44 ▼ 1.91% BBSE3 42.07 ▲ 1.72% BPAC11 56.75 ▼ 0.65% CURY3 31.75 ▲ 0.95% AERI3 2.19 ▲ 1.86% VIVARA 22.60 ▼ 1.05% COMPASS 24.60 ▼ 1.99% VAMOS 3.33 ▲ 2.15% SANB11 29.10 ▲ 0.59% ASAI3 8.66 ▲ 1.29% SBSP3 28.01 ▲ 1.60% WALMEX 50.13 ▲ 0.68% GMEXICO 217.50 ▲ 2.44% FEMSA 218.19 ▲ 0.42% CEMEX 20.10 ▼ 2.43% GFNORTE 197.72 ▼ 0.46% BIMBO 61.07 ▼ 0.36% TELEVISA 9.60 ▼ 1.23% AMX 21.54 ▼ 0.32% GAP 382.00 ▲ 1.57% ASUR 276.31 ▼ 0.82% OMA 239.84 ▲ 4.11% KOF 187.55 ▲ 1.19% GRUMA 263.07 ▼ 0.34% KIMBER 40.31 ▲ 0.75% SQM-B 62,450 ▲ 0.87% COPEC 6,229 ▼ 1.78% BSANTANDER 79.40 ▼ 1.29% FALABELLA 6,260 ▼ 1.94% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,987 ▲ 1.64% CMPC 1,040 ▼ 0.95% BANCO CHILE 189.02 ▼ 1.80% LATAM AIR 25.45 ▲ 0.79% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,375 ▼ 2.27% TXAR 649.00 ▼ 0.84% ALUAR 935.00 ▼ 3.26% TGS 9,520 ▼ 3.74% CEPU 2,303 ▼ 2.83% MIRGOR 1,640 — 0.00% COME 41.92 ▼ 2.94% LOMA NEGRA 3,488 ▼ 2.79% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,358 ▼ 0.63% ECOPETROL 16.31 ▼ 1.78% BANCOLOMBIA 90.01 ▼ 1.21% GRUPO AVAL 5.20 ▼ 0.76% CREDICORP 392.12 ▼ 0.93% SOUTHERN COPPER 195.16 ▲ 4.98% BUENAVENTURA 32.26 ▲ 5.87% MERCADOLIBRE 1,889 ▼ 0.54% NUBANK 14.33 ▼ 0.76% XP 16.97 ▼ 0.35% PAGSEGURO 9.50 ▼ 1.04% STONE 11.23 ▼ 1.06% GLOBANT 38.13 ▲ 2.67% TECNOGLASS 46.25 ▼ 1.10% GAP AIRPORT 220.70 ▲ 1.17% ASUR 276.31 ▼ 0.82% OMA AIRPORT 111.00 ▲ 4.00% AMX ADR 24.88 ▼ 0.32% FEMSA ADR 126.28 — 0.00% CEMEX ADR 11.61 ▼ 1.94% PETROBRAS ADR 18.72 ▼ 1.78% VALE ADR 14.83 ▲ 1.71% ITAU ADR 8.19 ▼ 3.53% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.56% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.69 ▲ 2.16% BTC 64,119 ▲ 0.10% ETH 1,868 ▼ 0.02% SOL 73.96 ▲ 0.33% XRP 1.07 ▼ 0.76% BNB 599.51 ▲ 1.13% ADA 0.19 ▲ 0.38% DOGE 0.07 ▼ 0.39% AVAX 6.68 ▼ 0.06% LINK 8.17 ▲ 0.39% DOT 0.85 ▼ 0.35% LTC 44.82 ▼ 0.02% BCH 210.33 ▼ 1.35% TRX 0.33 ▲ 0.04% XLM 0.17 ▼ 1.28% HBAR 0.07 ▼ 0.52% NEAR 1.72 ▼ 0.37% ATOM 1.36 ▼ 1.32% AAVE 91.58 ▲ 1.29% SELIC 14.25% EMBRAER 90.51 ▲ 1.02% EMBRAER ADR 70.52 ▼ 0.59% JBS 13.61 ▼ 1.09% JBS BDR 70.07 ▲ 0.72% MBRF3 16.93 ▼ 4.35% MBRFY 3.26 ▼ 0.31% INTER 5.70 ▲ 1.24% EGX 54,648 ▲ 0.27% USD/ZAR 16.38 ▼ 0.04% USD/NGN 1,360 — 0.00% NIKKEI 66,300 ▲ 3.66% CSI300 4,658 ▲ 1.24% HSI 25,902 ▲ 0.19% NIFTY 24,553 ▼ 0.25% KOSPI 6,598 ▲ 3.76% JCI 6,350 ▲ 0.48% USD/JPY 157.70 ▼ 0.05% USD/CNY 6.7471 ▲ 0.10% DAX 26,326 ▲ 0.47% CAC 8,675 ▲ 0.10% FTSE 10,914 ▲ 0.32% MIB 53,766 ▲ 0.42% IBEX 20,089 ▲ 0.33% STOXX 658.53 ▲ 0.25% EUR/USD 1.1541 ▲ 0.06% GBP/USD 1.3462 ▲ 0.07% SPX 7,737 ▲ 1.79% DJI 54,086 ▲ 1.71% NDX 29,733 ▲ 3.32% RUT 3,037 ▲ 1.85% TSX 35,802 ▲ 1.63% VIX 16.08 ▼ 2.55% USD/CAD 1.4069 ▲ 0.02% US10Y 4.6270 ▼ 1.26%
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Wednesday, August 5, 2026

Brazil Witnesses a Decline in Party Formations Amid Legal Hurdles

By · March 13, 2024 · 2 min read

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In Brazil, the formation of new political parties has declined sharply due to legislative changes and legal hurdles.

Of the 79 potential parties in 2020, only 21 groups are currently trying to establish new political entities.

No new parties registered with the Superior Electoral Court (TSE) in four years, reducing the count from 33 to 29.

According to experts, reform to cut party numbers aims to streamline Congress and boost efficiency.

Mayra Goulart from the University of Rio de Janeiro believes these reforms target less party fragmentation for better governance.

Stricter rules, like banning corporate donations and setting performance clauses, deter new parties.

Brazil Witnesses a Decline in Party Formations Amid Legal Hurdles. (Photo Internet reproduction)
Brazil Witnesses a Decline in Party Formations Amid Legal Hurdles. (Photo Internet reproduction)
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José Paes Neto of the Brazilian Academy of Electoral and Political Law ABRADEP notes the challenges groups face in meeting these stringent TSE requirements.

A party needs support from a specific percentage of the electorate across several states, a task made daunting by the requirement of collecting over half a million signatures.

The performance clause, setting minimum votes or seats for funding and airtime, has further discouraged new party initiatives.

As the 2024 elections approach, the timeline tightens for these groups. With many yet to submit any signatures and none close to the required number, the outlook is bleak.

Despite these obstacles, groups with diverse focuses, from labor to identity politics, press on.

They aim to enrich Brazil’s political dialogue, driven by a mix of frustration with the status quo and aspirations for more inclusive representation.

This effort reflects a broader desire for political renewal and greater diversity in Brazilian governance.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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