IBOV 166,191.45 ▼ 0.82% IPC MEX 71,033.20 ▲ 0.30% MERVAL 2,848,945 — — USD/BRL5.50▲ 0.82% USD/MXN18.71▲ 0.49% USD/CLP977.69▲ 1.16% USD/COP3,231▼ 0.60% USD/PEN3.44▼ 0.01% USD/ARS1,545▼ 0.19% USD/UYU40.22▲ 3.24% USD/PYG6,358▲ 9.88% USD/BOB11.92▲ 1.74% USD/DOP60.57▲ 0.12% USD/CRC449.63▲ 2.27% USD/GTQ7.64▲ 3.16% USD/HNL26.87▼ 0.09% USD/NIO36.62▲ 0.07% USD/VES892.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.67% USD/TTD6.64▲ 1.14% EUR/BRL6.17▲ 0.42% BRENT 99.86 ▲ 1.60% WTI 91.64 ▲ 1.24% IRON ORE 161.91 — — COPPER 6.29 ▲ 0.59% GOLD 4,081 ▼ 0.80% SILVER 52.10 ▼ 0.25% SOY 1,193 ▲ 0.97% CORN 440.50 ▲ 0.11% WHEAT 597.50 ▼ 0.29% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▼ 2.75% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74% IBOV 166,191.45 ▼ 0.82% IPC MEX 71,033.20 ▲ 0.30% MERVAL 2,848,945 — — USD/BRL 5.50 ▲ 0.82% USD/MXN 18.71 ▲ 0.49% USD/CLP 977.69 ▲ 1.16% USD/COP 3,230 ▼ 0.63% USD/PEN 3.44 ▼ 0.00% USD/ARS 1,545 ▼ 0.19% USD/UYU 40.22 ▲ 3.24% USD/PYG 6,358 ▲ 9.88% USD/BOB 11.92 ▲ 1.74% USD/DOP 60.57 ▲ 0.12% USD/CRC 449.63 ▲ 2.27% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.87 ▼ 0.09% USD/NIO 36.62 ▲ 0.07% USD/VES 892.65 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.77% USD/TTD 6.64 ▲ 1.17% EUR/BRL 6.17 ▲ 0.44% BRENT 99.86 ▲ 1.60% WTI 91.64 ▲ 1.24% IRON ORE 161.91 — — COPPER 6.29 ▲ 0.59% GOLD 4,081 ▼ 0.80% SILVER 52.10 ▼ 0.25% SOY 1,193 ▲ 0.97% CORN 440.50 ▲ 0.11% WHEAT 597.50 ▼ 0.29% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▼ 2.75% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74%
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Friday, November 6, 2026

Brazil Politics - Brazil

Brazil’s Ex-Defense Minister Arrested Amid Alleged Plot to Overturn Election

By · December 15, 2024 · 2 min read
Brazil’s Ex-Defense Minister Arrested Amid Alleged Plot to Overturn Election

Police arrested Brazil’s former Defense Minister Walter Braga Netto on Saturday, accusing him of obstructing an inquiry into a suspected plan to overturn the 2022 presidential election.

A four-star general and ex-chief of staff to Jair Bolsonaro, Braga Netto also served as his 2022 running mate. Investigators say he financed and organized a coup plot and tried to obtain secret witness testimony.

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Federal authorities charged Braga Netto, Bolsonaro, and 36 others with attempting to stop President Luiz Inacio Lula da Silva from taking office. They say the conspirators planned to kill Lula, Vice President-elect Geraldo Alckmin, and other targets.

According to police, Braga Netto provided funds from agribusiness sources—delivered in a wine bag—and hosted meetings to set these plans in motion, then later sought to access sensitive details from cooperating Bolsonaro aide Mauro Cid.

(Commentary: When Justice Feels Like Politics – Bolsonaro Ally’s Arrest Sparks Fears of Partisan Retaliation)

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Supreme Court Justice Alexandre de Moraes approved the arrest after new evidence emerged. In February, police found documents at Liberal Party headquarters showing efforts to uncover Cid’s secret testimony and interference long after the inquiry had ended.

Brazil’s Ex-Defense Minister Arrested Amid Alleged Plot to Overturn Election

Critics question the legality of arresting someone over older incidents rather than new obstruction attempts. Braga Netto denies wrongdoing, and Bolsonaro asks how one can obstruct a completed investigation. Meanwhile, charges against three more officers may widen inquiries into who bankrolled anti-Lula protest camps outside army barracks.

Government supporters welcome the arrest as proof that even top figures face justice. The Army, now holding Braga Netto, says it is fully cooperating. Some pro-Bolsonaro senators call this judicial overreach, but Lula’s allies insist no one stands above the law.

Bolsonaro’s Legal Battle: Seeking Impartiality in Alleged Coup Case

Legal experts are divided. Some argue the lack of fresh evidence suggests political motives, while others say new testimony and seized records justify decisive action.

Investigators continue to examine messages, meetings, and money trails to understand who orchestrated the alleged plot and why they thought they could topple an elected government.

From a military facility, Braga Netto’s lawyers await full disclosure of evidence. This drama unfolds amid tense politics, lingering distrust, and questions about election legitimacy. Observers say its outcome will define how Brazil views accountability, democratic stability, and the true reach of power.

This article was drafted with automated assistance and reviewed before publication. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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

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