IBOV 172,448 ▼ 1.04% IPSA 10,821 ▲ 1.07% IPC MEX 67,466 ▲ 0.61% MERVAL 3,267,482 ▲ 2.21% COLCAP 2,295.85 ▲ 0.01% BVL PERÚ 55,976.67 ▲ 0.32% USD/BRL5.14▲ 0.17% USD/MXN17.42▲ 0.16% USD/CLP927.64▲ 0.71% USD/COP3,348▲ 0.09% USD/PEN3.40▼ 0.30% USD/ARS1,485▼ 0.05% USD/UYU40.23▲ 1.31% USD/PYG6,041▲ 1.22% USD/BOB6.85▼ 0.15% USD/DOP58.75▲ 0.33% USD/CRC450.38▲ 1.56% USD/GTQ7.62▲ 0.05% USD/HNL26.71▲ 1.42% USD/NIO36.62▲ 0.70% USD/VES673.24▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD155.98▼ 0.51% USD/TTD6.73▲ 1.17% EUR/BRL5.87▼ 0.90% BRENT 73.23 ▲ 1.72% WTI 69.69 ▲ 1.66% IRON ORE 161.91 — — COPPER 6.24 ▲ 0.96% GOLD 4,137 ▼ 0.43% SILVER 61.36 ▼ 0.91% SOY 1,196 ▲ 1.18% CORN 458.50 ▲ 4.03% WHEAT 613.00 ▲ 1.16% COFFEE 326.65 ▼ 10.25% SUGAR 15.16 ▼ 0.39% ORANGE JUICE 166.00 ▼ 4.60% COTTON 79.15 ▲ 7.03% COCOA 5,975 ▲ 6.66% BEEF 239.38 ▲ 0.06% CATTLE 360.83 ▲ 0.06% LITHIUM 76.17 ▼ 0.47% PETR4 37.77 ▼ 1.25% VALE3 77.79 ▼ 1.33% ITUB4 42.56 ▼ 0.42% BBDC4 17.92 ▲ 0.04% ABEV3 15.88 ▼ 2.52% BBAS3 19.77 ▼ 1.05% B3SA3 14.58 ▼ 1.22% WEGE3 46.26 ▼ 0.47% PRIO3 53.57 ▲ 1.15% SUZB3 40.72 ▼ 0.20% RENT3 40.32 ▼ 2.73% AZZA3 17.45 ▲ 1.81% CSAN3 3.84 ▲ 1.59% RAIZ4 0.38 ▼ 2.56% PCAR3 2.75 ▲ 4.56% GMAT3 3.66 ▼ 2.40% PSSA3 53.40 ▼ 1.46% CVCB3 1.25 ▼ 4.58% POSI3 3.74 ▼ 4.59% SLCE3 12.80 ▼ 0.08% NATU3 8.31 ▼ 0.84% BRKM5 6.00 ▼ 3.85% RANI3 7.94 ▲ 0.25% CSNA3 4.76 ▼ 1.24% CMIN3 4.33 ▲ 0.46% USIM5 8.71 ▼ 0.68% GGBR4 21.84 ▲ 1.87% ENEV3 26.10 ▼ 1.99% CPFE3 44.88 ▼ 1.77% CMIG4 10.88 ▼ 1.36% EQTL3 39.06 ▼ 0.96% LREN3 14.09 ▼ 4.80% VIVT3 34.50 ▼ 0.72% RAIL3 13.50 ▼ 0.95% KLABIN 17.00 ▼ 0.58% RAIA DROGASIL 17.44 ▲ 2.17% RDOR3 35.00 ▼ 2.10% HAPV3 10.38 ▼ 2.35% FLRY3 15.65 ▼ 0.45% SMTO3 14.96 ▼ 2.24% UGPA3 27.94 ▲ 1.49% VBBR3 30.12 ▼ 0.86% BBSE3 38.71 ▲ 0.16% BPAC11 55.38 ▼ 0.82% CURY3 33.80 ▼ 3.24% AERI3 2.00 ▼ 0.99% VIVARA 22.53 ▼ 1.05% COMPASS 24.92 ▲ 0.61% VAMOS 2.87 — 0.00% SANB11 26.71 ▼ 0.89% ASAI3 8.67 ▼ 1.37% SBSP3 29.71 ▼ 2.17% WALMEX 49.06 ▼ 2.10% GMEXICO 202.40 ▲ 1.45% FEMSA 226.30 ▲ 0.77% CEMEX 21.41 ▼ 0.09% GFNORTE 188.33 ▲ 0.68% BIMBO 57.15 ▲ 1.55% TELEVISA 9.58 ▲ 1.59% AMX 23.04 ▲ 2.22% GAP 442.76 ▲ 1.23% ASUR 308.89 ▼ 0.62% OMA 245.91 ▲ 0.32% KOF 187.63 ▲ 0.62% GRUMA 282.72 ▲ 0.76% KIMBER 39.27 ▲ 1.68% SQM-B 68,260 ▲ 1.90% COPEC 5,880 ▲ 1.19% BSANTANDER 76.94 ▲ 2.52% FALABELLA 5,781 ▼ 1.01% ENELAM 82.89 ▲ 0.55% CENCOSUD 2,095 ▲ 0.24% CMPC 1,047 ▲ 0.57% BANCO CHILE 182.50 ▲ 0.01% LATAM AIR 26.30 ▲ 1.39% YPF 72,550 ▲ 1.36% GGAL 8,320 ▲ 4.39% PAMPA 5,160 ▲ 0.49% TXAR 689.00 ▲ 3.77% ALUAR 996.50 ▲ 0.35% TGS 9,365 ▲ 1.85% CEPU 2,343 ▲ 0.86% MIRGOR 17,400 ▲ 0.58% COME 44.00 ▲ 4.07% LOMA NEGRA 3,688 ▲ 0.41% BYMA 315.75 ▲ 2.10% TELECOM ARG 4,105 ▲ 2.88% ECOPETROL 14.47 ▼ 1.56% BANCOLOMBIA 80.90 ▲ 2.21% GRUPO AVAL 5.08 ▲ 0.40% CREDICORP 392.32 ▲ 0.28% SOUTHERN COPPER 173.87 ▲ 1.08% BUENAVENTURA 29.96 ▲ 0.81% MERCADOLIBRE 1,806 ▲ 2.40% NUBANK 14.06 ▲ 3.31% XP 16.40 ▲ 1.49% PAGSEGURO 8.93 ▼ 2.08% STONE 10.95 ▼ 1.97% GLOBANT 30.96 ▼ 4.77% TECNOGLASS 44.55 ▼ 2.36% GAP AIRPORT 254.42 ▲ 0.28% ASUR 308.89 ▼ 0.62% OMA AIRPORT 113.04 ▲ 1.17% AMX ADR 26.14 ▲ 1.63% FEMSA ADR 130.25 ▲ 0.73% CEMEX ADR 12.32 ▲ 0.24% PETROBRAS ADR 16.26 ▲ 0.93% VALE ADR 15.09 ▲ 0.67% ITAU ADR 8.31 ▲ 2.28% SANTANDER BR 5.29 ▲ 1.93% AMBEV ADR 3.07 ▼ 0.97% CSN 0.95 ▲ 5.17% GERDAU 4.24 ▲ 4.18% LATAM ADR 57.44 ▲ 1.79% BTC 63,165 ▼ 1.30% ETH 1,772 ▼ 1.43% SOL 81.33 ▼ 0.71% XRP 1.13 ▼ 1.54% BNB 577.40 ▼ 1.37% ADA 0.18 ▼ 2.68% DOGE 0.07 ▼ 2.18% AVAX 6.77 ▼ 2.20% LINK 7.91 ▼ 1.29% DOT 0.86 ▼ 2.43% LTC 44.10 ▼ 1.62% BCH 238.27 ▼ 1.45% TRX 0.33 ▲ 0.18% XLM 0.19 ▼ 2.98% HBAR 0.07 ▼ 2.48% NEAR 2.02 ▼ 1.53% ATOM 1.59 ▼ 0.65% AAVE 93.80 ▼ 0.26% SELIC 14.25% NEOE3 33.80 — 0.00% EMBRAER 86.29 ▲ 1.72% EMBRAER ADR 67.24 ▲ 4.88% JBS 12.13 ▼ 1.06% JBS BDR 62.00 ▼ 1.59% MBRF3 16.41 ▼ 2.21% MBRFY 3.20 ▼ 2.14% INTER 5.69 ▲ 4.02% EGX 52,959 ▲ 0.87% USD/ZAR16.24▲ 0.25% USD/NGN 1,367 — 0.00% NIKKEI 68,257 ▼ 2.12% CSI300 4,792 ▼ 1.03% HSI 23,497 ▼ 0.51% NIFTY 24,455 ▲ 0.10% KOSPI 7,656 ▼ 4.91% JCI 5,978 ▲ 1.05% USD/JPY161.86▼ 0.14% USD/CNY6.79▼ 0.03% DAX 25,742 ▼ 0.30% CAC 8,525 ▲ 0.53% FTSE 10,702 ▲ 0.47% MIB 53,189 ▲ 0.43% IBEX 19,768 ▲ 0.43% STOXX 651.04 ▲ 0.08% EUR/USD1.14▼ 0.10% GBP/USD1.34▲ 0.28% SPX 7,537 ▲ 0.72% DJI 53,056 ▲ 0.29% NDX 29,698 ▲ 1.26% RUT 3,010 ▲ 0.45% TSX 35,212 ▼ 0.18% VIX 15.83 ▲ 1.67% USD/CAD1.42▲ 0.05% US10Y 4.4790 ▼ 0.13% IBOV 172,448 ▼ 1.04% IPSA 10,821 ▲ 1.07% IPC MEX 67,466 ▲ 0.61% MERVAL 3,267,482 ▲ 2.21% COLCAP 2,295.85 ▲ 0.01% BVL PERÚ 55,976.67 ▲ 0.32% USD/BRL 5.14 ▲ 0.17% USD/MXN 17.42 ▲ 0.16% USD/CLP 927.64 ▲ 0.71% USD/COP 3,348 ▲ 0.09% USD/PEN 3.40 ▼ 0.30% USD/ARS 1,485 ▼ 0.05% USD/UYU 40.23 ▲ 1.31% USD/PYG 6,041 ▲ 1.22% USD/BOB 6.85 ▼ 0.15% USD/DOP 58.75 ▲ 0.33% USD/CRC 450.38 ▲ 1.56% USD/GTQ 7.62 ▲ 2.20% USD/HNL 26.71 ▲ 1.42% USD/NIO 36.62 ▲ 0.70% USD/VES 673.24 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 155.98 ▼ 0.51% USD/TTD 6.73 ▲ 1.17% EUR/BRL 5.87 ▼ 0.90% BRENT 73.23 ▲ 1.72% WTI 69.69 ▲ 1.66% IRON ORE 161.91 — — COPPER 6.24 ▲ 0.96% GOLD 4,137 ▼ 0.43% SILVER 61.36 ▼ 0.91% SOY 1,196 ▲ 1.18% CORN 458.50 ▲ 4.03% WHEAT 613.00 ▲ 1.16% COFFEE 326.65 ▼ 10.25% SUGAR 15.16 ▼ 0.39% ORANGE JUICE 166.00 ▼ 4.60% COTTON 79.15 ▲ 7.03% COCOA 5,975 ▲ 6.66% BEEF 239.38 ▲ 0.06% CATTLE 360.83 ▲ 0.06% LITHIUM 76.17 ▼ 0.47% PETR4 37.77 ▼ 1.25% VALE3 77.79 ▼ 1.33% ITUB4 42.56 ▼ 0.42% BBDC4 17.92 ▲ 0.04% ABEV3 15.88 ▼ 2.52% BBAS3 19.77 ▼ 1.05% B3SA3 14.58 ▼ 1.22% WEGE3 46.26 ▼ 0.47% PRIO3 53.57 ▲ 1.15% SUZB3 40.72 ▼ 0.20% RENT3 40.32 ▼ 2.73% AZZA3 17.45 ▲ 1.81% CSAN3 3.84 ▲ 1.59% RAIZ4 0.38 ▼ 2.56% PCAR3 2.75 ▲ 4.56% GMAT3 3.66 ▼ 2.40% PSSA3 53.40 ▼ 1.46% CVCB3 1.25 ▼ 4.58% POSI3 3.74 ▼ 4.59% SLCE3 12.80 ▼ 0.08% NATU3 8.31 ▼ 0.84% BRKM5 6.00 ▼ 3.85% RANI3 7.94 ▲ 0.25% CSNA3 4.76 ▼ 1.24% CMIN3 4.33 ▲ 0.46% USIM5 8.71 ▼ 0.68% GGBR4 21.84 ▲ 1.87% ENEV3 26.10 ▼ 1.99% CPFE3 44.88 ▼ 1.77% CMIG4 10.88 ▼ 1.36% EQTL3 39.06 ▼ 0.96% LREN3 14.09 ▼ 4.80% VIVT3 34.50 ▼ 0.72% RAIL3 13.50 ▼ 0.95% KLABIN 17.00 ▼ 0.58% RAIA DROGASIL 17.44 ▲ 2.17% RDOR3 35.00 ▼ 2.10% HAPV3 10.38 ▼ 2.35% FLRY3 15.65 ▼ 0.45% SMTO3 14.96 ▼ 2.24% UGPA3 27.94 ▲ 1.49% VBBR3 30.12 ▼ 0.86% BBSE3 38.71 ▲ 0.16% BPAC11 55.38 ▼ 0.82% CURY3 33.80 ▼ 3.24% AERI3 2.00 ▼ 0.99% VIVARA 22.53 ▼ 1.05% COMPASS 24.92 ▲ 0.61% VAMOS 2.87 — 0.00% SANB11 26.71 ▼ 0.89% ASAI3 8.67 ▼ 1.37% SBSP3 29.71 ▼ 2.17% WALMEX 49.06 ▼ 2.10% GMEXICO 202.40 ▲ 1.45% FEMSA 226.30 ▲ 0.77% CEMEX 21.41 ▼ 0.09% GFNORTE 188.33 ▲ 0.68% BIMBO 57.15 ▲ 1.55% TELEVISA 9.58 ▲ 1.59% AMX 23.04 ▲ 2.22% GAP 442.76 ▲ 1.23% ASUR 308.89 ▼ 0.62% OMA 245.91 ▲ 0.32% KOF 187.63 ▲ 0.62% GRUMA 282.72 ▲ 0.76% KIMBER 39.27 ▲ 1.68% SQM-B 68,260 ▲ 1.90% COPEC 5,880 ▲ 1.19% BSANTANDER 76.94 ▲ 2.52% FALABELLA 5,781 ▼ 1.01% ENELAM 82.89 ▲ 0.55% CENCOSUD 2,095 ▲ 0.24% CMPC 1,047 ▲ 0.57% BANCO CHILE 182.50 ▲ 0.01% LATAM AIR 26.30 ▲ 1.39% YPF 72,550 ▲ 1.36% GGAL 8,320 ▲ 4.39% PAMPA 5,160 ▲ 0.49% TXAR 689.00 ▲ 3.77% ALUAR 996.50 ▲ 0.35% TGS 9,365 ▲ 1.85% CEPU 2,343 ▲ 0.86% MIRGOR 17,400 ▲ 0.58% COME 44.00 ▲ 4.07% LOMA NEGRA 3,688 ▲ 0.41% BYMA 315.75 ▲ 2.10% TELECOM ARG 4,105 ▲ 2.88% ECOPETROL 14.47 ▼ 1.56% BANCOLOMBIA 80.90 ▲ 2.21% GRUPO AVAL 5.08 ▲ 0.40% CREDICORP 392.32 ▲ 0.28% SOUTHERN COPPER 173.87 ▲ 1.08% BUENAVENTURA 29.96 ▲ 0.81% MERCADOLIBRE 1,806 ▲ 2.40% NUBANK 14.06 ▲ 3.31% XP 16.40 ▲ 1.49% PAGSEGURO 8.93 ▼ 2.08% STONE 10.95 ▼ 1.97% GLOBANT 30.96 ▼ 4.77% TECNOGLASS 44.55 ▼ 2.36% GAP AIRPORT 254.42 ▲ 0.28% ASUR 308.89 ▼ 0.62% OMA AIRPORT 113.04 ▲ 1.17% AMX ADR 26.14 ▲ 1.63% FEMSA ADR 130.25 ▲ 0.73% CEMEX ADR 12.32 ▲ 0.24% PETROBRAS ADR 16.26 ▲ 0.93% VALE ADR 15.09 ▲ 0.67% ITAU ADR 8.31 ▲ 2.28% SANTANDER BR 5.29 ▲ 1.93% AMBEV ADR 3.07 ▼ 0.97% CSN 0.95 ▲ 5.17% GERDAU 4.24 ▲ 4.18% LATAM ADR 57.44 ▲ 1.79% BTC 63,165 ▼ 1.30% ETH 1,772 ▼ 1.43% SOL 81.33 ▼ 0.71% XRP 1.13 ▼ 1.54% BNB 577.40 ▼ 1.37% ADA 0.18 ▼ 2.68% DOGE 0.07 ▼ 2.18% AVAX 6.77 ▼ 2.20% LINK 7.91 ▼ 1.29% DOT 0.86 ▼ 2.43% LTC 44.10 ▼ 1.62% BCH 238.27 ▼ 1.45% TRX 0.33 ▲ 0.18% XLM 0.19 ▼ 2.98% HBAR 0.07 ▼ 2.48% NEAR 2.02 ▼ 1.53% ATOM 1.59 ▼ 0.65% AAVE 93.80 ▼ 0.26% SELIC 14.25% NEOE3 33.80 — 0.00% EMBRAER 86.29 ▲ 1.72% EMBRAER ADR 67.24 ▲ 4.88% JBS 12.13 ▼ 1.06% JBS BDR 62.00 ▼ 1.59% MBRF3 16.41 ▼ 2.21% MBRFY 3.20 ▼ 2.14% INTER 5.69 ▲ 4.02% EGX 52,959 ▲ 0.87% USD/ZAR 16.24 ▲ 0.31% USD/NGN 1,367 — 0.00% NIKKEI 68,257 ▼ 2.12% CSI300 4,792 ▼ 1.03% HSI 23,497 ▼ 0.51% NIFTY 24,455 ▲ 0.10% KOSPI 7,656 ▼ 4.91% JCI 5,978 ▲ 1.05% USD/JPY 161.92 ▼ 0.10% USD/CNY 6.7939 ▲ 0.13% DAX 25,742 ▼ 0.30% CAC 8,525 ▲ 0.53% FTSE 10,702 ▲ 0.47% MIB 53,189 ▲ 0.43% IBEX 19,768 ▲ 0.43% STOXX 651.04 ▲ 0.08% EUR/USD 1.1431 ▼ 0.14% GBP/USD 1.3392 ▲ 0.04% SPX 7,537 ▲ 0.72% DJI 53,056 ▲ 0.29% NDX 29,698 ▲ 1.26% RUT 3,010 ▲ 0.45% TSX 35,212 ▼ 0.18% VIX 15.83 ▲ 1.67% USD/CAD 1.4213 ▲ 0.04% US10Y 4.4790 ▼ 0.13%
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Tuesday, July 7, 2026

Citizen Proposal Sparks Debate on Brazil’s Return to Monarchy

By · October 2, 2024 · 2 min read

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The Brazilian Senate’s Human Rights Commission will consider a suggestion that could reshape the nation’s political landscape.

A citizen from São Paulo state proposed a plebiscite for 2026, asking voters if they want to restore the monarchy. This idea has reignited discussions about Brazil’s governmental structure and its history.

The proposal gained traction through the e-Cidadania portal, a platform that fosters public participation in legislative matters.

After receiving over 30,000 supporters, the suggestion awaits review by the Senate. If approved, it could potentially become a bill, though experts deem this unlikely.

Brazil’s monarchy lasted 67 years, from independence in 1822 until the republic’s proclamation in 1889. Two emperors, Pedro I and Pedro II, ruled during this period.

Citizen Proposal Sparks Debate on Brazil's Return to Monarchy
Citizen Proposal Sparks Debate on Brazil’s Return to Monarchy. (Photo Internet reproduction)
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Since then, Brazil has been a republic for 135 years, with a brief parliamentary interlude from 1961 to 1963. The proponent argues that the current presidential system is ineffective and wasteful.

Brazil’s Political Debate

They cite European constitutional monarchies like Spain, England, and Denmark as models of success. Critics, however, highlight the significant differences between these nations and Brazil.

This is not the first time Brazilians have faced such a choice. In 1993, a plebiscite allowed citizens to vote on their preferred government form. The presidential republic won by a significant margin, reflecting the prevailing preference.

Since its inception in 2012, the e-Cidadania portal has processed over 95,000 citizen ideas. Of these, 394 became legislative suggestions, with 46 evolving into actual bills or constitutional amendments.

This system aims to bridge the gap between citizens and lawmakers. While the proposal has ignited debate, it faces numerous hurdles.

Any fundamental change to Brazil‘s government would require broad public support and constitutional amendments. Despite discussions about political reform, most Brazilians still favor the republican system.

The Senate’s consideration of this proposal underscores Brazil’s democratic nature and openness to public input on governance. However, the chance of a return to monarchy remains extremely low.

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