IBOV 174,964.10 ▼ 1.00% IPSA 10,981.64 ▲ 0.59% IPC MEX 66,247.47 ▼ 1.56% MERVAL 3,306,661 ▼ 0.39% COLCAP 2,290.71 ▲ 0.33% BVL PERÚ 58,287.01 — — USD/BRL5.06▼ 0.44% USD/MXN17.46▼ 0.36% USD/CLP945.19▼ 0.08% USD/COP3,212▼ 0.12% USD/PEN3.40▲ 0.23% USD/ARS1,493▲ 0.27% USD/UYU40.14▲ 1.38% USD/PYG6,022▲ 1.26% USD/BOB11.18▲ 4.51% USD/DOP57.84▼ 0.53% USD/CRC449.17▲ 1.76% USD/GTQ7.63▲ 2.33% USD/HNL26.75▲ 0.82% USD/NIO36.62▲ 0.26% USD/VES740.37▲ 0.46% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.13▲ 0.01% USD/TTD6.71▲ 0.92% EUR/BRL5.76▼ 0.25% BRENT 97.23 ▼ 3.44% WTI 89.77 ▼ 2.63% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.67% GOLD 4,063 ▲ 0.41% SILVER 58.59 ▲ 1.36% SOY 1,247 ▲ 0.75% CORN 482.50 ▲ 3.99% WHEAT 669.75 ▼ 3.81% COFFEE 314.65 ▲ 1.70% SUGAR 14.62 ▼ 0.48% ORANGE JUICE 142.45 ▼ 2.96% COTTON 80.00 ▲ 0.20% COCOA 5,370 ▲ 1.30% BEEF 223.70 ▼ 0.75% CATTLE 345.13 ▲ 0.39% LITHIUM 68.14 ▼ 1.27% PETR4 42.42 ▼ 1.23% VALE3 75.41 ▼ 0.36% ITUB4 42.27 ▼ 0.68% BBDC4 18.57 ▼ 0.80% ABEV3 15.79 ▼ 0.82% BBAS3 20.50 ▼ 2.05% B3SA3 15.61 ▼ 0.26% WEGE3 45.78 ▲ 0.24% PRIO3 59.22 ▼ 2.18% SUZB3 42.01 ▼ 0.99% RENT3 37.19 ▲ 0.13% AZZA3 16.85 ▼ 1.17% CSAN3 3.85 ▼ 1.28% RAIZ4 0.27 — 0.00% PCAR3 2.87 — 0.00% GMAT3 3.83 ▼ 1.03% PSSA3 54.75 ▼ 0.78% CVCB3 1.33 ▲ 1.53% POSI3 3.61 ▼ 1.63% SLCE3 13.77 — 0.00% NATU3 8.46 ▼ 1.17% BRKM5 6.14 ▼ 0.49% RANI3 7.93 — 0.00% CSNA3 5.36 ▲ 1.13% CMIN3 5.85 ▲ 0.34% USIM5 8.44 ▼ 0.59% GGBR4 24.21 ▲ 0.62% ENEV3 25.08 ▼ 2.41% CPFE3 45.53 ▼ 1.49% CMIG4 11.05 ▼ 1.25% EQTL3 38.41 ▼ 1.56% LREN3 13.25 ▼ 0.90% VIVT3 35.53 ▲ 2.39% RAIL3 13.71 ▼ 1.79% KLABIN 17.45 ▼ 1.19% RAIA DROGASIL 18.08 ▼ 0.60% RDOR3 33.26 ▼ 1.22% HAPV3 10.20 ▼ 2.58% FLRY3 16.39 ▼ 1.15% SMTO3 15.41 ▼ 1.91% UGPA3 32.91 ▼ 1.44% VBBR3 35.27 ▼ 0.93% BBSE3 41.52 ▼ 2.08% BPAC11 55.30 ▼ 1.78% CURY3 29.68 ▲ 0.20% AERI3 2.03 ▲ 0.50% VIVARA 21.28 ▼ 0.79% COMPASS 24.88 ▼ 0.80% VAMOS 3.23 ▲ 0.62% SANB11 26.40 ▼ 0.86% ASAI3 7.86 ▼ 2.00% SBSP3 28.50 ▼ 0.87% WALMEX 47.89 ▲ 1.16% GMEXICO 210.20 ▲ 0.45% FEMSA 223.14 ▲ 0.36% CEMEX 21.54 ▲ 0.28% GFNORTE 191.99 ▲ 1.44% BIMBO 58.57 ▼ 0.86% TELEVISA 9.80 ▲ 0.10% AMX 22.90 ▲ 0.62% GAP 376.62 ▲ 0.05% ASUR 267.99 ▼ 0.69% OMA 226.76 ▼ 0.24% KOF 179.88 ▲ 0.09% GRUMA 266.77 ▼ 0.80% KIMBER 39.79 ▲ 1.32% SQM-B 66,234 ▲ 1.12% COPEC 6,380 ▲ 1.92% BSANTANDER 79.93 ▼ 0.09% FALABELLA 6,107 ▲ 0.80% ENELAM 85.21 ▲ 0.25% CENCOSUD 1,959 ▼ 0.47% CMPC 1,036 ▼ 1.42% BANCO CHILE 192.50 ▲ 0.93% LATAM AIR 24.18 ▲ 2.89% YPF 81,200 ▼ 1.55% GGAL 7,905 ▼ 0.50% PAMPA 5,540 ▼ 1.60% TXAR 676.00 ▼ 0.59% ALUAR 978.00 ▼ 0.46% TGS 9,850 ▼ 1.45% CEPU 2,401 ▼ 0.79% MIRGOR 16,575 ▼ 0.90% COME 42.89 ▲ 0.85% LOMA NEGRA 3,668 ▼ 2.59% BYMA 292.00 ▼ 0.17% TELECOM ARG 4,335 ▲ 0.23% ECOPETROL 16.20 ▼ 0.80% BANCOLOMBIA 87.99 ▲ 1.38% GRUPO AVAL 4.94 — 0.00% CREDICORP 393.36 ▲ 1.48% SOUTHERN COPPER 182.53 ▲ 0.17% BUENAVENTURA 31.59 ▲ 0.86% MERCADOLIBRE 1,824 ▲ 1.41% NUBANK 14.29 ▲ 0.67% XP 16.98 ▲ 0.86% PAGSEGURO 9.38 ▼ 0.90% STONE 11.07 ▲ 0.77% GLOBANT 31.61 ▲ 3.27% TECNOGLASS 45.24 ▲ 3.42% GAP AIRPORT 216.15 ▲ 0.32% ASUR 267.99 ▼ 0.69% OMA AIRPORT 103.92 ▼ 0.21% AMX ADR 26.17 ▲ 0.85% FEMSA ADR 127.88 ▲ 0.63% CEMEX ADR 12.32 ▲ 0.45% PETROBRAS ADR 18.88 ▼ 0.63% VALE ADR 14.89 ▲ 0.40% ITAU ADR 8.35 ▼ 0.06% SANTANDER BR 5.34 ▼ 0.47% AMBEV ADR 3.11 ▲ 0.49% CSN 1.07 ▲ 0.47% GERDAU 4.81 ▲ 0.84% LATAM ADR 49.96 ▲ 0.23% BTC 63,754 ▼ 1.98% ETH 1,853 ▼ 1.28% SOL 73.81 ▼ 2.70% XRP 1.09 ▼ 1.78% BNB 558.00 ▼ 1.58% ADA 0.16 ▼ 2.63% DOGE 0.07 ▼ 0.92% AVAX 6.20 ▼ 0.99% LINK 8.31 ▼ 1.80% DOT 0.79 ▼ 2.86% LTC 46.13 ▼ 1.70% BCH 208.96 ▼ 1.48% TRX 0.33 ▲ 0.46% XLM 0.18 ▼ 3.11% HBAR 0.07 ▼ 0.73% NEAR 1.84 ▼ 2.31% ATOM 1.39 ▼ 2.26% AAVE 94.19 ▼ 0.89% SELIC 14.25% EMBRAER 83.36 ▼ 0.05% EMBRAER ADR 65.93 ▲ 0.70% JBS 12.25 ▲ 0.95% JBS BDR 61.89 ▲ 0.11% MBRF3 15.27 ▼ 2.05% MBRFY 3.00 ▼ 2.91% INTER 5.48 ▲ 0.37% EGX 53,932 ▼ 0.11% USD/ZAR16.81▼ 0.05% USD/NGN1,363▼ 0.44% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY 163.77 — 0.00% USD/CNY6.76▼ 0.16% DAX 24,984 ▲ 0.89% CAC 8,337 ▲ 0.45% FTSE 10,709 ▲ 0.65% MIB 51,608 ▲ 0.57% IBEX 19,509 ▲ 1.26% STOXX 642.04 ▲ 0.43% EUR/USD1.14▲ 0.10% GBP/USD1.33▼ 0.22% SPX 7,411 ▲ 0.04% DJI 51,816 ▲ 0.20% NDX 28,239 ▼ 0.76% RUT 2,934 ▼ 0.20% TSX 35,316 ▲ 0.35% VIX 18.64 ▼ 0.32% USD/CAD1.41▼ 0.05% US10Y 4.6670 ▼ 0.77% IBOV 174,964.10 ▼ 1.00% IPSA 10,981.64 ▲ 0.59% IPC MEX 66,247.47 ▼ 1.56% MERVAL 3,306,661 ▼ 0.39% COLCAP 2,290.71 ▲ 0.33% BVL PERÚ 58,287.01 — — USD/BRL 5.06 ▼ 0.44% USD/MXN 17.46 ▼ 0.36% USD/CLP 945.19 ▼ 0.08% USD/COP 3,215 ▼ 0.02% USD/PEN 3.40 ▲ 0.23% USD/ARS 1,493 ▲ 0.27% USD/UYU 40.14 ▲ 1.38% USD/PYG 6,022 ▲ 1.26% USD/BOB 11.18 ▲ 4.51% USD/DOP 57.84 ▼ 0.53% USD/CRC 449.17 ▲ 1.76% USD/GTQ 7.63 ▲ 2.33% USD/HNL 26.75 ▲ 0.82% USD/NIO 36.62 ▲ 0.26% USD/VES 740.37 ▲ 0.46% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.11% USD/TTD 6.71 ▲ 0.92% EUR/BRL 5.76 ▼ 0.25% BRENT 97.23 ▼ 3.44% WTI 89.77 ▼ 2.63% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.67% GOLD 4,063 ▲ 0.41% SILVER 58.59 ▲ 1.36% SOY 1,247 ▲ 0.75% CORN 482.50 ▲ 3.99% WHEAT 669.75 ▼ 3.81% COFFEE 314.65 ▲ 1.70% SUGAR 14.62 ▼ 0.48% ORANGE JUICE 142.45 ▼ 2.96% COTTON 80.00 ▲ 0.20% COCOA 5,370 ▲ 1.30% BEEF 223.70 ▼ 0.75% CATTLE 345.13 ▲ 0.39% LITHIUM 68.14 ▼ 1.27% PETR4 42.42 ▼ 1.23% VALE3 75.41 ▼ 0.36% ITUB4 42.27 ▼ 0.68% BBDC4 18.57 ▼ 0.80% ABEV3 15.79 ▼ 0.82% BBAS3 20.50 ▼ 2.05% B3SA3 15.61 ▼ 0.26% WEGE3 45.78 ▲ 0.24% PRIO3 59.22 ▼ 2.18% SUZB3 42.01 ▼ 0.99% RENT3 37.19 ▲ 0.13% AZZA3 16.85 ▼ 1.17% CSAN3 3.85 ▼ 1.28% RAIZ4 0.27 — 0.00% PCAR3 2.87 — 0.00% GMAT3 3.83 ▼ 1.03% PSSA3 54.75 ▼ 0.78% CVCB3 1.33 ▲ 1.53% POSI3 3.61 ▼ 1.63% SLCE3 13.77 — 0.00% NATU3 8.46 ▼ 1.17% BRKM5 6.14 ▼ 0.49% RANI3 7.93 — 0.00% CSNA3 5.36 ▲ 1.13% CMIN3 5.85 ▲ 0.34% USIM5 8.44 ▼ 0.59% GGBR4 24.21 ▲ 0.62% ENEV3 25.08 ▼ 2.41% CPFE3 45.53 ▼ 1.49% CMIG4 11.05 ▼ 1.25% EQTL3 38.41 ▼ 1.56% LREN3 13.25 ▼ 0.90% VIVT3 35.53 ▲ 2.39% RAIL3 13.71 ▼ 1.79% KLABIN 17.45 ▼ 1.19% RAIA DROGASIL 18.08 ▼ 0.60% RDOR3 33.26 ▼ 1.22% HAPV3 10.20 ▼ 2.58% FLRY3 16.39 ▼ 1.15% SMTO3 15.41 ▼ 1.91% UGPA3 32.91 ▼ 1.44% VBBR3 35.27 ▼ 0.93% BBSE3 41.52 ▼ 2.08% BPAC11 55.30 ▼ 1.78% CURY3 29.68 ▲ 0.20% AERI3 2.03 ▲ 0.50% VIVARA 21.28 ▼ 0.79% COMPASS 24.88 ▼ 0.80% VAMOS 3.23 ▲ 0.62% SANB11 26.40 ▼ 0.86% ASAI3 7.86 ▼ 2.00% SBSP3 28.50 ▼ 0.87% WALMEX 47.89 ▲ 1.16% GMEXICO 210.20 ▲ 0.45% FEMSA 223.14 ▲ 0.36% CEMEX 21.54 ▲ 0.28% GFNORTE 191.99 ▲ 1.44% BIMBO 58.57 ▼ 0.86% TELEVISA 9.80 ▲ 0.10% AMX 22.90 ▲ 0.62% GAP 376.62 ▲ 0.05% ASUR 267.99 ▼ 0.69% OMA 226.76 ▼ 0.24% KOF 179.88 ▲ 0.09% GRUMA 266.77 ▼ 0.80% KIMBER 39.79 ▲ 1.32% SQM-B 66,234 ▲ 1.12% COPEC 6,380 ▲ 1.92% BSANTANDER 79.93 ▼ 0.09% FALABELLA 6,107 ▲ 0.80% ENELAM 85.21 ▲ 0.25% CENCOSUD 1,959 ▼ 0.47% CMPC 1,036 ▼ 1.42% BANCO CHILE 192.50 ▲ 0.93% LATAM AIR 24.18 ▲ 2.89% YPF 81,200 ▼ 1.55% GGAL 7,905 ▼ 0.50% PAMPA 5,540 ▼ 1.60% TXAR 676.00 ▼ 0.59% ALUAR 978.00 ▼ 0.46% TGS 9,850 ▼ 1.45% CEPU 2,401 ▼ 0.79% MIRGOR 16,575 ▼ 0.90% COME 42.89 ▲ 0.85% LOMA NEGRA 3,668 ▼ 2.59% BYMA 292.00 ▼ 0.17% TELECOM ARG 4,335 ▲ 0.23% ECOPETROL 16.20 ▼ 0.80% BANCOLOMBIA 87.99 ▲ 1.38% GRUPO AVAL 4.94 — 0.00% CREDICORP 393.36 ▲ 1.48% SOUTHERN COPPER 182.53 ▲ 0.17% BUENAVENTURA 31.59 ▲ 0.86% MERCADOLIBRE 1,824 ▲ 1.41% NUBANK 14.29 ▲ 0.67% XP 16.98 ▲ 0.86% PAGSEGURO 9.38 ▼ 0.90% STONE 11.07 ▲ 0.77% GLOBANT 31.61 ▲ 3.27% TECNOGLASS 45.24 ▲ 3.42% GAP AIRPORT 216.15 ▲ 0.32% ASUR 267.99 ▼ 0.69% OMA AIRPORT 103.92 ▼ 0.21% AMX ADR 26.17 ▲ 0.85% FEMSA ADR 127.88 ▲ 0.63% CEMEX ADR 12.32 ▲ 0.45% PETROBRAS ADR 18.88 ▼ 0.63% VALE ADR 14.89 ▲ 0.40% ITAU ADR 8.35 ▼ 0.06% SANTANDER BR 5.34 ▼ 0.47% AMBEV ADR 3.11 ▲ 0.49% CSN 1.07 ▲ 0.47% GERDAU 4.81 ▲ 0.84% LATAM ADR 49.96 ▲ 0.23% BTC 63,754 ▼ 1.98% ETH 1,853 ▼ 1.28% SOL 73.81 ▼ 2.70% XRP 1.09 ▼ 1.78% BNB 558.00 ▼ 1.58% ADA 0.16 ▼ 2.63% DOGE 0.07 ▼ 0.92% AVAX 6.20 ▼ 0.99% LINK 8.31 ▼ 1.80% DOT 0.79 ▼ 2.86% LTC 46.13 ▼ 1.70% BCH 208.96 ▼ 1.48% TRX 0.33 ▲ 0.46% XLM 0.18 ▼ 3.11% HBAR 0.07 ▼ 0.73% NEAR 1.84 ▼ 2.31% ATOM 1.39 ▼ 2.26% AAVE 94.19 ▼ 0.89% SELIC 14.25% EMBRAER 83.36 ▼ 0.05% EMBRAER ADR 65.93 ▲ 0.70% JBS 12.25 ▲ 0.95% JBS BDR 61.89 ▲ 0.11% MBRF3 15.27 ▼ 2.05% MBRFY 3.00 ▼ 2.91% INTER 5.48 ▲ 0.37% EGX 53,932 ▼ 0.11% USD/ZAR 16.83 ▲ 0.10% USD/NGN 1,363 ▼ 0.24% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY 163.77 — 0.00% USD/CNY 6.7616 ▼ 0.08% DAX 24,984 ▲ 0.89% CAC 8,337 ▲ 0.45% FTSE 10,709 ▲ 0.65% MIB 51,608 ▲ 0.57% IBEX 19,509 ▲ 1.26% STOXX 642.04 ▲ 0.43% EUR/USD 1.1380 ▼ 0.02% GBP/USD 1.3329 ▲ 0.10% SPX 7,411 ▲ 0.04% DJI 51,816 ▲ 0.20% NDX 28,239 ▼ 0.76% RUT 2,934 ▼ 0.20% TSX 35,316 ▲ 0.35% VIX 18.64 ▼ 0.32% USD/CAD 1.4093 ▲ 0.09% US10Y 4.6670 ▼ 0.77%
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Friday, July 24, 2026

Brazil Politics - Brazil

Brazil’s Congress Expands: 18 New Seats, Rising Costs, and Political Calculations

By · June 26, 2025 · 2 min read

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Brazil’s Senate has approved a plan to increase the number of federal deputies, the country’s national lawmakers, from 513 to 531.

This decision follows a Supreme Court order that told Congress to update how seats are divided among states, using the latest population numbers from the 2022 census.

The Chamber of Deputies, Brazil’s lower house, will review the proposal again before it becomes law. The main reason for this change is to make sure each state has the right number of representatives based on its population.

Some states, like Santa Catarina and Pará, will get four more deputies each. Amazonas, Mato Grosso, and Rio Grande do Norte will get two more each, while Ceará, Goiás, Minas Gerais, and Paraná will each add one.

No state will lose any seats, even if its population has shrunk. Lawmakers say that the Chamber’s total budget will not go up between 2027 and 2030, even with more deputies.

Brazil’s Congress Expands: 18 New Seats, Rising Costs, and Political Calculations
Brazil’s Congress Expands: 18 New Seats, Rising Costs, and Political Calculations. (Photo Internet reproduction)
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The law requires that costs for the new deputies—like salaries, office expenses, travel, and housing—come from the existing budget, with only small adjustments for inflation.

Senators Warn Expansion of Deputies Will Inflate Public Spending

However, some senators disagree, saying that extra deputies will lead to higher costs, especially for office space, staff, and benefits. Estimates for these extra costs range widely, but even official budget offices say expenses will rise.

This change affects state governments, too. When a state gets more federal deputies, it also gets more state lawmakers, as required by Brazil’s Constitution. This will add even more to public spending.

The Supreme Court pushed for this update because Brazil’s Constitution says each state must have at least eight deputies and no more than seventy, and the numbers should match population shifts.

The last time Brazil changed the number of deputies for each state was in 1993, using much older census data. Most Brazilians do not support having more deputies, according to official surveys.

Many people worry about the cost and believe politicians are protecting their own interests by not reducing seats for states that have lost people.

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