IBOV 171,317.18 ▼ 2.50% IPC MEX 69,711.87 ▲ 0.35% MERVAL 2,848,945 — — USD/BRL5.36▲ 0.21% USD/MXN18.61▼ 0.36% USD/CLP986.03▲ 0.15% USD/COP3,157▲ 0.27% USD/PEN3.45▲ 0.11% USD/ARS1,541▲ 0.15% USD/UYU40.21▲ 3.49% USD/PYG5,818▲ 4.31% USD/BOB11.92▲ 3.69% USD/DOP60.13▲ 0.05% USD/CRC451.45▲ 2.36% USD/GTQ7.64▲ 3.21% USD/HNL26.87▲ 0.25% USD/NIO36.62▼ 0.02% USD/VES885.90▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.89▲ 2.64% USD/TTD6.75▲ 2.53% EUR/BRL5.98▼ 0.26% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 171,317.18 ▼ 2.50% IPC MEX 69,711.87 ▲ 0.35% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
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Wednesday, October 28, 2026

Brazil Politics - Brazil

Brazil’s Supreme Court Moves To Seal Bolsonaro’s 27-Year Sentence

By · November 9, 2025 · 2 min read

Brazil’s Supreme Court has formed a majority to reject Jair Bolsonaro’s latest appeal and keep his 27-year, three-month prison sentence tied to the failed effort to stay in power after the 2022 election.

In a virtual session, Justices Alexandre de Moraes, Flávio Dino, Cristiano Zanin, and Cármen Lúcia voted to deny the technical “clarification” appeal, leaving the original conviction intact and narrowing the former president’s legal options.

Moraes, the case’s rapporteur, wrote that Bolsonaro exercised leadership over an organized effort that fueled the false-fraud narrative around the 2022 vote and helped set the stage for the January 8, 2023 rampage through federal buildings.

The same panel also moved to uphold convictions against several former senior officials, including ex-ministers and a former Navy commander. Bolsonaro’s former aide Mauro Cid did not appeal after a plea deal and serves a lighter sentence in an open regime.

What happens next is procedural but consequential. Once the virtual window closes, the panel can formalize the outcome and, if needed, clear the way for custody and sentence execution orders. Remaining appeals exist but are narrow and rarely successful.

Brazil’s Supreme Court Moves To Seal Bolsonaro’s 27-Year Sentence
Brazil’s Supreme Court Moves To Seal Bolsonaro’s 27-Year Sentence
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Brazil’s Supreme Court Moves To Seal Bolsonaro’s 27-Year Sentence

Beyond the courtroom, the ruling will reverberate through Brazil’s politics. To supporters on the center-right, the case raises concerns about criminalizing political rhetoric and about a judiciary that has steadily expanded its reach in the name of protecting institutions.

They worry the precedent could chill opposition speech and entangle the military and security establishment in years of legal jeopardy. To the government’s backers, this is overdue accountability for efforts to subvert the vote and intimidate democratic branches.

For investors, diplomats, and expats, two practical points stand out. First, the decision draws a clearer line around civil–military boundaries that have haunted Brasília since 2018.

Second, it may reduce uncertainty at the top while increasing near-term street and social-media friction as the country digests the outcome.

Brazil’s institutions are asserting control; whether that stabilizes the political field or deepens polarization will shape the next electoral cycle and the broader business climate.

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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