IBOV 177,547.57 ▲ 2.44% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL5.06▲ 0.05% USD/MXN17.43▲ 0.24% USD/CLP937.27▲ 0.18% USD/COP3,204▼ 0.73% USD/PEN3.39▼ 0.30% USD/ARS1,482▼ 0.03% USD/UYU40.14▲ 1.16% USD/PYG6,035▲ 1.38% USD/BOB10.95▲ 2.82% USD/DOP57.92▼ 0.14% USD/CRC447.42▲ 1.36% USD/GTQ7.62▲ 2.31% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.04% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.53% BRENT 92.69 ▼ 1.47% WTI 90.18 ▲ 3.86% IRON ORE 161.91 — — COPPER 6.47 ▲ 0.33% GOLD 4,097 ▼ 1.19% SILVER 59.01 ▼ 1.68% SOY 1,244 ▲ 0.87% CORN 488.50 ▲ 5.74% WHEAT 705.75 — 0.00% COFFEE 316.90 ▲ 0.08% SUGAR 14.79 ▲ 0.34% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.64 ▲ 2.22% COCOA 5,372 ▲ 0.83% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.00 ▼ 0.12% PETR4 42.58 ▲ 2.21% VALE3 75.10 ▲ 3.96% ITUB4 42.90 ▲ 0.87% BBDC4 18.97 ▲ 2.26% ABEV3 16.13 ▲ 2.09% BBAS3 21.09 ▲ 1.01% B3SA3 15.90 ▲ 4.81% WEGE3 46.74 ▲ 10.05% PRIO3 59.77 ▲ 2.73% SUZB3 42.66 ▲ 2.47% RENT3 37.14 ▲ 1.61% AZZA3 17.81 ▲ 1.89% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.75 ▲ 0.73% GMAT3 3.91 ▲ 2.09% PSSA3 55.45 ▲ 3.68% CVCB3 1.27 ▲ 13.39% POSI3 3.70 ▲ 0.54% SLCE3 13.96 ▲ 1.53% NATU3 8.68 ▼ 0.34% BRKM5 6.07 ▲ 6.30% RANI3 8.00 ▲ 1.39% CSNA3 5.38 ▲ 6.32% CMIN3 5.84 ▲ 4.66% USIM5 8.65 ▲ 2.25% GGBR4 24.06 ▲ 2.43% ENEV3 25.97 ▲ 2.16% CPFE3 46.71 ▲ 0.67% CMIG4 11.21 ▲ 1.72% EQTL3 39.35 ▲ 1.34% LREN3 13.54 ▲ 2.03% VIVT3 35.38 ▼ 1.17% RAIL3 13.64 ▲ 3.02% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.29 ▲ 0.88% RDOR3 34.49 ▲ 1.68% HAPV3 11.39 ▲ 1.33% FLRY3 16.65 ▲ 0.60% SMTO3 16.05 ▲ 3.02% UGPA3 32.83 ▲ 3.17% VBBR3 34.98 ▲ 3.03% BBSE3 42.58 ▲ 2.48% BPAC11 57.02 ▲ 2.98% CURY3 30.20 ▲ 0.83% AERI3 2.05 ▲ 0.49% VIVARA 21.55 ▲ 0.65% COMPASS 24.81 ▲ 1.51% VAMOS 3.23 ▲ 4.53% SANB11 26.95 ▼ 0.96% ASAI3 8.40 ▲ 1.82% SBSP3 29.29 ▲ 2.41% WALMEX 48.65 ▼ 1.02% GMEXICO 214.34 ▲ 2.57% FEMSA 227.98 ▲ 0.55% CEMEX 22.17 ▲ 0.45% GFNORTE 191.99 ▲ 3.33% BIMBO 60.30 ▲ 1.53% TELEVISA 9.82 ▲ 0.61% AMX 22.70 ▼ 0.26% GAP 378.40 ▼ 0.03% ASUR 273.53 ▼ 0.52% OMA 229.62 ▲ 1.49% KOF 182.55 ▲ 1.15% GRUMA 280.45 ▼ 0.76% KIMBER 38.85 ▲ 1.17% SQM-B 65,055 ▲ 0.80% COPEC 6,550 ▲ 1.55% BSANTANDER 79.85 ▲ 1.06% FALABELLA 6,042 ▲ 2.08% ENELAM 84.53 — 0.00% CENCOSUD 2,010 ▼ 0.89% CMPC 1,070 ▼ 1.28% BANCO CHILE 193.50 ▲ 1.84% LATAM AIR 24.09 ▼ 0.45% YPF 82,500 ▲ 2.33% GGAL 8,275 ▲ 3.89% PAMPA 5,625 ▲ 2.74% TXAR 668.50 ▼ 1.55% ALUAR 974.00 ▲ 0.10% TGS 9,905 ▲ 2.01% CEPU 2,411 ▲ 3.03% MIRGOR 16,925 ▲ 0.89% COME 43.14 ▲ 0.63% LOMA NEGRA 3,823 ▲ 6.03% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,420 ▲ 3.88% ECOPETROL 16.69 ▲ 0.97% BANCOLOMBIA 84.66 ▲ 1.22% GRUPO AVAL 5.04 ▼ 0.98% CREDICORP 393.43 ▲ 0.60% SOUTHERN COPPER 195.48 ▲ 3.97% BUENAVENTURA 32.09 ▲ 2.69% MERCADOLIBRE 1,799 ▼ 1.29% NUBANK 14.51 ▲ 0.83% XP 17.30 ▲ 2.67% PAGSEGURO 9.67 ▲ 0.94% STONE 11.36 ▲ 0.93% GLOBANT 30.67 ▼ 4.45% TECNOGLASS 45.24 ▲ 0.20% GAP AIRPORT 217.70 ▲ 0.01% ASUR 273.53 ▼ 0.52% OMA AIRPORT 105.35 ▲ 1.07% AMX ADR 26.12 ▲ 0.12% FEMSA ADR 130.96 ▲ 0.47% CEMEX ADR 12.74 ▲ 0.32% PETROBRAS ADR 18.89 ▲ 1.89% VALE ADR 14.85 ▲ 4.21% ITAU ADR 8.48 ▲ 0.95% SANTANDER BR 5.45 ▲ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.09 ▲ 9.00% GERDAU 4.77 ▲ 2.69% LATAM ADR 51.22 ▼ 0.68% BTC 65,634 ▼ 0.71% ETH 1,926 ▼ 0.40% SOL 77.75 ▼ 0.20% XRP 1.13 ▼ 0.70% BNB 569.86 ▼ 0.16% ADA 0.17 ▲ 0.17% DOGE 0.07 ▼ 0.84% AVAX 6.59 ▼ 0.41% LINK 8.61 ▼ 0.13% DOT 0.82 ▼ 1.70% LTC 46.80 ▼ 0.58% BCH 216.17 ▼ 1.73% TRX 0.33 ▼ 0.18% XLM 0.18 ▼ 1.28% HBAR 0.07 ▲ 1.10% NEAR 1.88 ▲ 0.91% ATOM 1.46 ▼ 0.45% AAVE 96.95 ▼ 0.42% SELIC 14.25% EMBRAER 83.79 ▲ 1.38% EMBRAER ADR 66.05 ▲ 0.89% JBS 12.25 ▲ 2.51% JBS BDR 61.80 ▲ 2.62% MBRF3 16.03 ▲ 6.09% MBRFY 3.19 ▲ 8.14% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR16.41▲ 0.09% USD/NGN 1,370 — 0.00% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.37▲ 0.13% USD/CNY6.77▼ 0.04% DAX 25,048 ▼ 0.43% CAC 8,360 ▼ 0.92% FTSE 10,711 ▼ 0.05% MIB 51,879 ▼ 1.73% IBEX 19,486 ▼ 0.44% STOXX 643.32 ▼ 0.56% EUR/USD1.14▼ 0.04% GBP/USD1.34▼ 0.08% SPX 7,499 ▼ 0.14% DJI 52,219 ▼ 0.01% NDX 28,998 ▼ 0.54% RUT 2,960 ▼ 0.92% TSX 35,485 ▲ 0.33% VIX 17.57 ▲ 5.59% USD/CAD 1.4082 — 0.00% US10Y 4.6570 ▲ 0.63% IBOV 177,547.57 ▲ 2.44% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▲ 0.05% USD/MXN 17.43 ▲ 0.24% USD/CLP 937.27 ▲ 0.18% USD/COP 3,204 ▼ 0.73% USD/PEN 3.39 ▼ 0.30% USD/ARS 1,482 ▼ 0.03% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,035 ▲ 1.38% USD/BOB 10.95 ▲ 2.82% USD/DOP 57.92 ▼ 0.14% USD/CRC 447.42 ▲ 1.36% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.36% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.53% BRENT 92.69 ▼ 1.47% WTI 90.18 ▲ 3.86% IRON ORE 161.91 — — COPPER 6.47 ▲ 0.33% GOLD 4,097 ▼ 1.19% SILVER 59.01 ▼ 1.68% SOY 1,244 ▲ 0.87% CORN 488.50 ▲ 5.74% WHEAT 705.75 — 0.00% COFFEE 316.90 ▲ 0.08% SUGAR 14.79 ▲ 0.34% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.64 ▲ 2.22% COCOA 5,372 ▲ 0.83% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.00 ▼ 0.12% PETR4 42.58 ▲ 2.21% VALE3 75.10 ▲ 3.96% ITUB4 42.90 ▲ 0.87% BBDC4 18.97 ▲ 2.26% ABEV3 16.13 ▲ 2.09% BBAS3 21.09 ▲ 1.01% B3SA3 15.90 ▲ 4.81% WEGE3 46.74 ▲ 10.05% PRIO3 59.77 ▲ 2.73% SUZB3 42.66 ▲ 2.47% RENT3 37.14 ▲ 1.61% AZZA3 17.81 ▲ 1.89% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.75 ▲ 0.73% GMAT3 3.91 ▲ 2.09% PSSA3 55.45 ▲ 3.68% CVCB3 1.27 ▲ 13.39% POSI3 3.70 ▲ 0.54% SLCE3 13.96 ▲ 1.53% NATU3 8.68 ▼ 0.34% BRKM5 6.07 ▲ 6.30% RANI3 8.00 ▲ 1.39% CSNA3 5.38 ▲ 6.32% CMIN3 5.84 ▲ 4.66% USIM5 8.65 ▲ 2.25% GGBR4 24.06 ▲ 2.43% ENEV3 25.97 ▲ 2.16% CPFE3 46.71 ▲ 0.67% CMIG4 11.21 ▲ 1.72% EQTL3 39.35 ▲ 1.34% LREN3 13.54 ▲ 2.03% VIVT3 35.38 ▼ 1.17% RAIL3 13.64 ▲ 3.02% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.29 ▲ 0.88% RDOR3 34.49 ▲ 1.68% HAPV3 11.39 ▲ 1.33% FLRY3 16.65 ▲ 0.60% SMTO3 16.05 ▲ 3.02% UGPA3 32.83 ▲ 3.17% VBBR3 34.98 ▲ 3.03% BBSE3 42.58 ▲ 2.48% BPAC11 57.02 ▲ 2.98% CURY3 30.20 ▲ 0.83% AERI3 2.05 ▲ 0.49% VIVARA 21.55 ▲ 0.65% COMPASS 24.81 ▲ 1.51% VAMOS 3.23 ▲ 4.53% SANB11 26.95 ▼ 0.96% ASAI3 8.40 ▲ 1.82% SBSP3 29.29 ▲ 2.41% WALMEX 48.65 ▼ 1.02% GMEXICO 214.34 ▲ 2.57% FEMSA 227.98 ▲ 0.55% CEMEX 22.17 ▲ 0.45% GFNORTE 191.99 ▲ 3.33% BIMBO 60.30 ▲ 1.53% TELEVISA 9.82 ▲ 0.61% AMX 22.70 ▼ 0.26% GAP 378.40 ▼ 0.03% ASUR 273.53 ▼ 0.52% OMA 229.62 ▲ 1.49% KOF 182.55 ▲ 1.15% GRUMA 280.45 ▼ 0.76% KIMBER 38.85 ▲ 1.17% SQM-B 65,055 ▲ 0.80% COPEC 6,550 ▲ 1.55% BSANTANDER 79.85 ▲ 1.06% FALABELLA 6,042 ▲ 2.08% ENELAM 84.53 — 0.00% CENCOSUD 2,010 ▼ 0.89% CMPC 1,070 ▼ 1.28% BANCO CHILE 193.50 ▲ 1.84% LATAM AIR 24.09 ▼ 0.45% YPF 82,500 ▲ 2.33% GGAL 8,275 ▲ 3.89% PAMPA 5,625 ▲ 2.74% TXAR 668.50 ▼ 1.55% ALUAR 974.00 ▲ 0.10% TGS 9,905 ▲ 2.01% CEPU 2,411 ▲ 3.03% MIRGOR 16,925 ▲ 0.89% COME 43.14 ▲ 0.63% LOMA NEGRA 3,823 ▲ 6.03% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,420 ▲ 3.88% ECOPETROL 16.69 ▲ 0.97% BANCOLOMBIA 84.66 ▲ 1.22% GRUPO AVAL 5.04 ▼ 0.98% CREDICORP 393.43 ▲ 0.60% SOUTHERN COPPER 195.48 ▲ 3.97% BUENAVENTURA 32.09 ▲ 2.69% MERCADOLIBRE 1,799 ▼ 1.29% NUBANK 14.51 ▲ 0.83% XP 17.30 ▲ 2.67% PAGSEGURO 9.67 ▲ 0.94% STONE 11.36 ▲ 0.93% GLOBANT 30.67 ▼ 4.45% TECNOGLASS 45.24 ▲ 0.20% GAP AIRPORT 217.70 ▲ 0.01% ASUR 273.53 ▼ 0.52% OMA AIRPORT 105.35 ▲ 1.07% AMX ADR 26.12 ▲ 0.12% FEMSA ADR 130.96 ▲ 0.47% CEMEX ADR 12.74 ▲ 0.32% PETROBRAS ADR 18.89 ▲ 1.89% VALE ADR 14.85 ▲ 4.21% ITAU ADR 8.48 ▲ 0.95% SANTANDER BR 5.45 ▲ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.09 ▲ 9.00% GERDAU 4.77 ▲ 2.69% LATAM ADR 51.22 ▼ 0.68% BTC 65,634 ▼ 0.71% ETH 1,926 ▼ 0.40% SOL 77.75 ▼ 0.20% XRP 1.13 ▼ 0.70% BNB 569.86 ▼ 0.16% ADA 0.17 ▲ 0.17% DOGE 0.07 ▼ 0.84% AVAX 6.59 ▼ 0.41% LINK 8.61 ▼ 0.13% DOT 0.82 ▼ 1.70% LTC 46.80 ▼ 0.58% BCH 216.17 ▼ 1.73% TRX 0.33 ▼ 0.18% XLM 0.18 ▼ 1.28% HBAR 0.07 ▲ 1.10% NEAR 1.88 ▲ 0.91% ATOM 1.46 ▼ 0.45% AAVE 96.95 ▼ 0.42% SELIC 14.25% EMBRAER 83.79 ▲ 1.38% EMBRAER ADR 66.05 ▲ 0.89% JBS 12.25 ▲ 2.51% JBS BDR 61.80 ▲ 2.62% MBRF3 16.03 ▲ 6.09% MBRFY 3.19 ▲ 8.14% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR 16.41 ▲ 0.02% USD/NGN 1,370 — 0.00% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.37 ▲ 0.17% USD/CNY 6.7701 ▲ 0.09% DAX 25,048 ▼ 0.43% CAC 8,360 ▼ 0.92% FTSE 10,711 ▼ 0.05% MIB 51,879 ▼ 1.73% IBEX 19,486 ▼ 0.44% STOXX 643.32 ▼ 0.56% EUR/USD 1.1408 ▼ 0.01% GBP/USD 1.3369 ▼ 0.05% SPX 7,499 ▼ 0.14% DJI 52,219 ▼ 0.01% NDX 28,998 ▼ 0.54% RUT 2,960 ▼ 0.92% TSX 35,485 ▲ 0.33% VIX 17.57 ▲ 5.59% USD/CAD 1.4082 — 0.00% US10Y 4.6570 ▲ 0.63%
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Thursday, July 23, 2026

Brazil’s Political Clash: Semipresidentialism or Presidentialism

By · May 7, 2024 · 2 min read

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Brazil’s ongoing political conflict between Arthur Lira and Luiz Inácio Lula da Silva pits semipresidentialism against the current presidential system.

Arthur Lira, Speaker of the House, advocates a semipresidential model where executive power is shared between a president and a prime minister.

He believes this approach better addresses issues in the presidential coalition system by increasing parliamentary involvement while still keeping a role for the president.

As Congress deliberates presidential vetoes, this debate has intensified.

Lira’s semipresidentialism focuses on prioritizing commission amendments over direct government budget control.

Critics argue that unchecked parliamentary power could lead to fiscal mismanagement.

Brazil's Political Clash: Semipresidentialism or Presidentialism - Lula da Silva and Lira. (Photo Internet reproduction)
Brazil’s Political Clash: Semipresidentialism or Presidentialism – Lula da Silva and Lira. (Photo Internet reproduction)
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However, Lira defends his model as more efficient, emphasizing better accountability and smarter resource allocation.

Meanwhile, Lula prefers centralized authority and strong leadership within the current presidential system.

This style consolidates executive power but can open the door to political coalition manipulation.

Past political scandals like Mensalão and Petrolão show how excessive executive influence fosters corruption.

Brazil’s Political Clash: Semipresidentialism or Presidentialism

This battle between Lira and Lula reflects differing governance philosophies that could redefine Brazil’s political future.

Lira’s model reduces the president’s influence, contrasting with Lula’s presidentialism that offers stability at the risk of corruption.

Resolving this debate is crucial to balance power between the executive and legislative branches, ensuring Brazil can tackle complex social and economic challenges efficiently.

The nation watches closely, knowing that the chosen governance model will define Brazil’s democracy.

Ultimately, the resolution will determine how power is shared, significantly impacting how future leaders navigate the intricate challenges ahead.

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