IBOV 186,299.96 ▼ 0.16% IPSA 11,426.61 ▲ 0.61% IPC MEX 63,536.96 ▲ 0.25% MERVAL 2,998,979 — 0.00% COLCAP 2,580.80 ▲ 0.59% BVL PERÚ 59,529.36 ▲ 1.61% USD/BRL5.10▼ 0.11% USD/MXN17.30▲ 0.43% USD/CLP946.38▼ 0.30% USD/COP3,199▲ 0.72% USD/PEN3.38— 0.00% USD/ARS1,514▼ 0.02% USD/UYU40.06▲ 2.88% USD/PYG5,918▲ 3.14% USD/BOB11.85▲ 25.24% USD/DOP59.17▲ 3.53% USD/CRC445.27▲ 2.84% USD/GTQ7.63▲ 3.24% USD/HNL26.86▲ 3.32% USD/NIO36.62▲ 2.80% USD/VES850.29▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.74▲ 2.48% EUR/BRL5.84▼ 0.97% 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 186,299.96 ▼ 0.16% IPSA 11,426.61 ▲ 0.61% IPC MEX 63,536.96 ▲ 0.25% MERVAL 2,998,979 — 0.00% COLCAP 2,580.80 ▲ 0.59% BVL PERÚ 59,529.36 ▲ 1.61% 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%
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Tuesday, September 22, 2026

Politics - Brazil Venezuela

Brazil’s Lula Withholds Recognition of Venezuelan Election Results

By · August 15, 2024 · 2 min read

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Brazilian President Luiz Inácio Lula da Silva has not recognized Nicolás Maduro as Venezuela’s legitimate leader following the recent election.

On August 15, Lula expressed concerns about transparency in the Venezuelan electoral process. He emphasized the necessity for credible validation of votes cast on July 28.

The National Electoral Council of Venezuela swiftly declared Maduro the winner with 51.21% of the vote, without providing any audit or proof.

His main challenger, Edmundo González Urrutia, secured officially 44.2%. However, the legitimacy of these results is strongly disputed,

The U.S., many Latin American countries, the United Nations, the Carter Center, and several other institutions either do not recognize the election result or publicly consider González the winner.

Brazil's Lula Withholds Recognition of Venezuelan Election Results - Graffiti in Caracas. (Photo Internet reprodution)
Brazil’s Lula Withholds Recognition of Venezuelan Election Results – Graffiti in Caracas.
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These critics demand access to detailed vote records from over 30,000 polling stations to verify the results.

During an interview, Lula highlighted the importance of verifying both electronic and paper ballots in Venezuelan elections.

He pointed out that without confirmation of the paper receipts stored after electronic voting, the true winner remains unclear.

He criticized Maduro for sending electoral records to Venezuela’s Supreme Court instead of the electoral council, which includes opposition representatives. This move casts doubt on the fairness of the judicial oversight of the election results.

Lula proposed that forming a coalition government including opposition parties, or organizing new elections, might resolve the issue.

He emphasized that any new elections should involve international observers to ensure their legitimacy.

This standoff highlights broader issues of governance and electoral integrity in the region.

Lula’s cautious approach underscores the importance of respecting national sovereignty while advocating for democratic principles.

 

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

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