IBOV 177,575 ▲ 2.80% IPSA 11,032 ▲ 0.06% IPC MEX 66,505 ▲ 0.60% MERVAL 3,278,430 ▲ 2.37% COLCAP 2,307.84 ▲ 0.66% BVL PERÚ 56,194.27 ▲ 1.27% USD/BRL5.11▼ 0.16% USD/MXN17.47▼ 0.41% USD/CLP923.55▼ 0.45% USD/COP3,247▼ 2.86% USD/PEN3.39▼ 0.31% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.81% USD/TTD6.75▲ 1.32% EUR/BRL5.83▼ 1.07% BRENT 76.07 ▼ 0.30% WTI 71.59 ▼ 0.68% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.07% GOLD 4,113 ▼ 0.42% SILVER 60.10 ▼ 0.46% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.30 ▼ 0.71% PETR4 39.57 ▲ 0.92% VALE3 74.26 ▲ 1.52% ITUB4 44.20 ▲ 3.78% BBDC4 18.81 ▲ 4.50% ABEV3 15.83 ▲ 0.70% BBAS3 20.55 ▲ 2.75% B3SA3 15.42 ▲ 4.26% WEGE3 46.55 ▲ 1.77% PRIO3 55.39 ▼ 0.40% SUZB3 41.44 ▲ 1.00% RENT3 40.92 ▲ 3.86% AZZA3 19.08 ▲ 3.36% CSAN3 4.03 ▲ 4.40% RAIZ4 0.35 ▼ 5.41% PCAR3 2.75 ▼ 0.36% GMAT3 3.95 ▲ 0.51% PSSA3 54.66 ▲ 2.46% CVCB3 1.25 — 0.00% POSI3 4.00 ▲ 3.90% SLCE3 14.05 ▲ 1.89% NATU3 8.58 ▲ 1.42% BRKM5 6.64 ▲ 4.40% RANI3 8.02 ▲ 2.04% CSNA3 5.19 ▲ 8.13% CMIN3 5.17 ▲ 7.04% USIM5 8.44 ▲ 1.08% GGBR4 22.95 ▲ 2.09% ENEV3 27.45 ▲ 4.77% CPFE3 47.73 ▲ 3.11% CMIG4 11.36 ▲ 2.53% EQTL3 40.87 ▲ 3.44% LREN3 14.54 ▲ 2.76% VIVT3 35.82 ▲ 3.83% RAIL3 14.33 ▲ 4.22% KLABIN 17.52 ▲ 0.69% RAIA DROGASIL 18.78 ▲ 3.59% RDOR3 35.83 ▲ 1.93% HAPV3 10.52 ▲ 4.47% FLRY3 16.39 ▲ 4.06% SMTO3 16.28 ▲ 1.43% UGPA3 30.79 ▲ 2.29% VBBR3 32.89 ▲ 2.46% BBSE3 40.32 ▲ 2.65% BPAC11 58.81 ▲ 5.62% CURY3 34.12 ▲ 4.34% AERI3 2.06 — 0.00% VIVARA 23.50 ▲ 4.07% COMPASS 25.55 ▲ 3.53% VAMOS 3.08 ▲ 4.05% SANB11 27.44 ▲ 4.53% ASAI3 8.92 ▲ 5.44% SBSP3 30.96 ▲ 3.20% WALMEX 49.34 ▲ 0.57% GMEXICO 199.05 ▲ 1.61% FEMSA 223.11 ▲ 0.17% CEMEX 21.87 ▲ 0.97% GFNORTE 187.11 ▲ 0.86% BIMBO 56.02 ▼ 0.14% TELEVISA 9.74 ▲ 2.53% AMX 22.69 ▼ 0.04% GAP 413.20 ▲ 0.26% ASUR 499.37 ▲ 0.67% OMA 236.07 ▼ 1.02% KOF 181.56 ▲ 0.41% GRUMA 282.30 — 0.00% KIMBER 38.17 ▼ 0.83% SQM-B 68,126 ▼ 1.41% COPEC 6,090 ▲ 1.16% BSANTANDER 78.43 ▲ 1.20% FALABELLA 5,955 ▲ 1.78% ENELAM 85.12 ▲ 1.14% CENCOSUD 2,040 ▼ 0.80% CMPC 1,108 ▲ 1.22% BANCO CHILE 187.52 ▲ 0.28% LATAM AIR 26.26 ▼ 0.53% YPF 74,275 ▼ 1.98% GGAL 8,305 ▲ 5.39% PAMPA 5,185 ▼ 0.38% TXAR 670.00 ▲ 0.83% ALUAR 978.00 ▲ 0.98% TGS 9,575 ▲ 2.85% CEPU 2,370 ▲ 2.38% MIRGOR 17,375 ▲ 1.02% COME 46.07 ▲ 1.43% LOMA NEGRA 3,580 ▲ 2.36% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,208 ▲ 2.12% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 83.06 ▲ 2.63% GRUPO AVAL 5.07 ▲ 1.00% CREDICORP 401.09 ▲ 2.34% SOUTHERN COPPER 175.85 ▲ 0.81% BUENAVENTURA 30.02 ▲ 1.59% MERCADOLIBRE 1,852 ▲ 2.43% NUBANK 13.75 ▲ 0.59% XP 16.92 ▲ 3.08% PAGSEGURO 9.26 ▲ 2.83% STONE 11.22 ▲ 2.37% GLOBANT 29.91 ▼ 4.40% TECNOGLASS 43.92 ▲ 1.81% GAP AIRPORT 235.77 ▲ 0.55% ASUR 284.72 ▲ 0.39% OMA AIRPORT 108.04 ▼ 0.27% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.47 ▲ 0.77% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.40 ▲ 4.96% AMBEV ADR 3.06 ▲ 0.66% CSN 1.02 ▲ 6.84% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.44 ▼ 1.05% BTC 63,892 ▲ 1.11% ETH 1,792 ▲ 2.72% SOL 77.83 ▼ 0.28% XRP 1.10 ▲ 1.02% BNB 575.64 ▲ 1.26% ADA 0.17 ▲ 0.05% DOGE 0.07 ▲ 1.72% AVAX 6.74 ▲ 0.85% LINK 7.91 ▲ 2.32% DOT 0.87 ▲ 5.81% LTC 44.60 ▲ 1.91% BCH 245.65 ▲ 3.31% TRX 0.33 ▼ 0.37% XLM 0.19 ▲ 1.98% HBAR 0.07 ▲ 0.06% NEAR 1.87 ▼ 2.37% ATOM 1.59 ▲ 2.46% AAVE 96.13 ▲ 5.34% SELIC 14.25% EMBRAER 84.84 ▲ 1.17% EGX 52,312 ▲ 0.54% USD/ZAR16.31▼ 0.14% USD/NGN1,376▼ 0.12% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.75▼ 0.39% USD/CNY6.78▼ 0.25% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD1.14▼ 0.10% GBP/USD1.34▲ 0.03% SPX 7,573 ▲ 0.39% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,980 ▼ 0.41% TSX 35,305 ▲ 0.30% VIX 15.08 ▼ 4.80% USD/CAD1.42▼ 0.08% US10Y 4.5690 ▲ 0.66% IBOV 177,575 ▲ 2.80% IPSA 11,032 ▲ 0.06% IPC MEX 66,505 ▲ 0.60% MERVAL 3,278,430 ▲ 2.37% COLCAP 2,307.84 ▲ 0.66% BVL PERÚ 56,194.27 ▲ 1.27% USD/BRL 5.11 ▼ 0.16% USD/MXN 17.47 ▼ 0.41% USD/CLP 923.55 ▼ 0.45% USD/COP 3,247 ▼ 2.86% USD/PEN 3.39 ▼ 0.31% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.20% USD/PYG 6,055 ▲ 1.53% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.12% USD/CRC 448.82 ▲ 1.40% USD/GTQ 7.63 ▲ 2.28% USD/HNL 26.72 ▲ 1.50% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.81% USD/TTD 6.75 ▲ 1.32% EUR/BRL 5.83 ▼ 1.07% BRENT 76.07 ▼ 0.30% WTI 71.59 ▼ 0.68% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.07% GOLD 4,113 ▼ 0.42% SILVER 60.10 ▼ 0.46% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.30 ▼ 0.71% PETR4 39.57 ▲ 0.92% VALE3 74.26 ▲ 1.52% ITUB4 44.20 ▲ 3.78% BBDC4 18.81 ▲ 4.50% ABEV3 15.83 ▲ 0.70% BBAS3 20.55 ▲ 2.75% B3SA3 15.42 ▲ 4.26% WEGE3 46.55 ▲ 1.77% PRIO3 55.39 ▼ 0.40% SUZB3 41.44 ▲ 1.00% RENT3 40.92 ▲ 3.86% AZZA3 19.08 ▲ 3.36% CSAN3 4.03 ▲ 4.40% RAIZ4 0.35 ▼ 5.41% PCAR3 2.75 ▼ 0.36% GMAT3 3.95 ▲ 0.51% PSSA3 54.66 ▲ 2.46% CVCB3 1.25 — 0.00% POSI3 4.00 ▲ 3.90% SLCE3 14.05 ▲ 1.89% NATU3 8.58 ▲ 1.42% BRKM5 6.64 ▲ 4.40% RANI3 8.02 ▲ 2.04% CSNA3 5.19 ▲ 8.13% CMIN3 5.17 ▲ 7.04% USIM5 8.44 ▲ 1.08% GGBR4 22.95 ▲ 2.09% ENEV3 27.45 ▲ 4.77% CPFE3 47.73 ▲ 3.11% CMIG4 11.36 ▲ 2.53% EQTL3 40.87 ▲ 3.44% LREN3 14.54 ▲ 2.76% VIVT3 35.82 ▲ 3.83% RAIL3 14.33 ▲ 4.22% KLABIN 17.52 ▲ 0.69% RAIA DROGASIL 18.78 ▲ 3.59% RDOR3 35.83 ▲ 1.93% HAPV3 10.52 ▲ 4.47% FLRY3 16.39 ▲ 4.06% SMTO3 16.28 ▲ 1.43% UGPA3 30.79 ▲ 2.29% VBBR3 32.89 ▲ 2.46% BBSE3 40.32 ▲ 2.65% BPAC11 58.81 ▲ 5.62% CURY3 34.12 ▲ 4.34% AERI3 2.06 — 0.00% VIVARA 23.50 ▲ 4.07% COMPASS 25.55 ▲ 3.53% VAMOS 3.08 ▲ 4.05% SANB11 27.44 ▲ 4.53% ASAI3 8.92 ▲ 5.44% SBSP3 30.96 ▲ 3.20% WALMEX 49.34 ▲ 0.57% GMEXICO 199.05 ▲ 1.61% FEMSA 223.11 ▲ 0.17% CEMEX 21.87 ▲ 0.97% GFNORTE 187.11 ▲ 0.86% BIMBO 56.02 ▼ 0.14% TELEVISA 9.74 ▲ 2.53% AMX 22.69 ▼ 0.04% GAP 413.20 ▲ 0.26% ASUR 499.37 ▲ 0.67% OMA 236.07 ▼ 1.02% KOF 181.56 ▲ 0.41% GRUMA 282.30 — 0.00% KIMBER 38.17 ▼ 0.83% SQM-B 68,126 ▼ 1.41% COPEC 6,090 ▲ 1.16% BSANTANDER 78.43 ▲ 1.20% FALABELLA 5,955 ▲ 1.78% ENELAM 85.12 ▲ 1.14% CENCOSUD 2,040 ▼ 0.80% CMPC 1,108 ▲ 1.22% BANCO CHILE 187.52 ▲ 0.28% LATAM AIR 26.26 ▼ 0.53% YPF 74,275 ▼ 1.98% GGAL 8,305 ▲ 5.39% PAMPA 5,185 ▼ 0.38% TXAR 670.00 ▲ 0.83% ALUAR 978.00 ▲ 0.98% TGS 9,575 ▲ 2.85% CEPU 2,370 ▲ 2.38% MIRGOR 17,375 ▲ 1.02% COME 46.07 ▲ 1.43% LOMA NEGRA 3,580 ▲ 2.36% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,208 ▲ 2.12% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 83.06 ▲ 2.63% GRUPO AVAL 5.07 ▲ 1.00% CREDICORP 401.09 ▲ 2.34% SOUTHERN COPPER 175.85 ▲ 0.81% BUENAVENTURA 30.02 ▲ 1.59% MERCADOLIBRE 1,852 ▲ 2.43% NUBANK 13.75 ▲ 0.59% XP 16.92 ▲ 3.08% PAGSEGURO 9.26 ▲ 2.83% STONE 11.22 ▲ 2.37% GLOBANT 29.91 ▼ 4.40% TECNOGLASS 43.92 ▲ 1.81% GAP AIRPORT 235.77 ▲ 0.55% ASUR 284.72 ▲ 0.39% OMA AIRPORT 108.04 ▼ 0.27% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.47 ▲ 0.77% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.40 ▲ 4.96% AMBEV ADR 3.06 ▲ 0.66% CSN 1.02 ▲ 6.84% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.44 ▼ 1.05% BTC 63,892 ▲ 1.11% ETH 1,792 ▲ 2.72% SOL 77.83 ▼ 0.28% XRP 1.10 ▲ 1.02% BNB 575.64 ▲ 1.26% ADA 0.17 ▲ 0.05% DOGE 0.07 ▲ 1.72% AVAX 6.74 ▲ 0.85% LINK 7.91 ▲ 2.32% DOT 0.87 ▲ 5.81% LTC 44.60 ▲ 1.91% BCH 245.65 ▲ 3.31% TRX 0.33 ▼ 0.37% XLM 0.19 ▲ 1.98% HBAR 0.07 ▲ 0.06% NEAR 1.87 ▼ 2.37% ATOM 1.59 ▲ 2.46% AAVE 96.13 ▲ 5.34% SELIC 14.25% EMBRAER 84.84 ▲ 1.17% EGX 52,312 ▲ 0.54% USD/ZAR 16.30 ▼ 0.02% USD/NGN 1,376 ▲ 0.08% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.74 ▼ 0.38% USD/CNY 6.7761 ▼ 0.23% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD 1.1419 ▼ 0.13% GBP/USD 1.3400 ▼ 0.03% SPX 7,573 ▲ 0.39% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,980 ▼ 0.41% TSX 35,305 ▲ 0.30% VIX 15.08 ▼ 4.80% USD/CAD 1.4156 ▼ 0.07% US10Y 4.5690 ▲ 0.66%
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Dilma Rousseff Announced as PT 2014 Presidential Candidate

By · June 24, 2014 · 3 min read

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By George Utley and Maria Creamer, Contributing Reporters

RIO DE JANEIRO, BRAZIL – On June 21st President Dilma Rousseff was officially announced as the Worker’s Party (PT) 2014 presidential candidate for re-election in October this year, while Michel Temer will stand for re-election as vice-president. The protege and successor of immensely popular ex-President Lula has maintained her place within the PT despite massive public unrest last year, economic downturns and even a recent Petrobras scandal.

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President Dilma Rousseff, Rio de Janeiro, Brazil News, Brazil
On June 21st President Dilma Rousseff was officially announced as the Worker’s Party (PT) 2014 presidential candidate for re-election, photo by Fabio Rodrigues Pozzebom/Agência Brasil.
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At the national convention in Brasília, in the presence of party affiliates and allies, PT delegates demonstrated their support for the reformist principles proposed in the government’s manifesto, which have been given the slogan “More changes, more future.”

The presidential campaign will be based on two key points: democratization of the media, and political reform. According to Rui Falcão, national president of the PT, the principle act of the political reforms will be the end of private funding of political campaigns.

Stressing the need for the working classes to become more involved in politics, Falcão announced that a referendum on the matter is expected in September of this year, during Semana da Patria. Regarding the media, Falcão underlined the need to uphold the principles set out in the Federal Constitution, namely the prohibition of monopolies, and the existence of independent regional production.

President Rousseff declared the political reforms to be fundamental to improve the quality of politics. “Social transformation produced by our governments has laid the foundations for the promotion of a great democratic and political transformation in Brazil. I do not foresee any viable path to political reform which excludes public participation.”

President Dilma Rousseff with former President Lula, photo by Fabio Rodrigues Pozzebom/Agência Brasil.

The president also asserted the importance of several other projects under the umbrella term of “urban reform,” which include improvements to urban mobility and public transport systems, basic sanitation and housing.

Representatives of several other parties attended the convention, including members of the PCdoB, PRB, PP, PSD, PMDB, PROS e PDT. The PT-PMDB coalition was reinforced by a symbolic vote. Repeating the campaign slogan, Rousseff thanked them for their “vote of confidence” and said she wanted to transform her gratitude and joy into commitment and strength to make more changes.

Winning her first election in 2010 only after a run-off round, in 2014 Rousseff will face top rivals, Partido Socialista Brasileiro (PSB) or Brazilian Socialist Party candidate Eduardo Campos and Partido da Social Democracia Brasileira (PSDB) or Brazilian Social Democracy Plan candidate Aecio Neves.

In April 2014, former governor of Pernambuco and leader of the PSB, Campos, announced his running alongside former senator Marina Silva as vice president. Once ardent members and supporters of PT, Campos and Silva have evolved into tough critics and presidential opponents.

Under President Luiz Inacio Lula da Silva’s government, Silva stepped down from her position as an environmental minister due to disagreements with Lula’s environmental policies. The union between the two may stray other PT supporters, and throw a wrench into the party’s calculations.

Aecio Neves, a current member of the Brazilian Federal Senate and former governor of Minas Gerais, on May 18, 2013, replaced congressman Sergio Guerra as the PSDB presidential election candidate. Both candidates have harshly criticized Rousseff and the PT, while offering distinct formulas for presidency.

Since last years Confederation Cup, Rousseff’s popularity has fallen substantially, giving space for Neve’s and Campos presidential campaigns to grow. The latest Brazilian Institute of Public Opinion and Statistics or IBOPE, showed Rouseff leading with 39 percent, followed by Neves at 21 percent and Campos trailing behind at ten percent.

Although currently in the lead, Rouseff’s position will continue to be threatened by public discontent, high inflation and a struggling economy. With the World Cup serving as “the electoral campaign by proxy“, any Cup successes or failures will be pinned on Rousseff and the PT, potentially impacting voters intentions.

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