IBOV 207,993.04 ▲ 1.42% IPSA 10,938.91 ▼ 0.31% IPC MEX 69,010.67 ▲ 0.12% MERVAL 3,017,221 — — COLCAP 2,519.91 ▼ 0.06% BVL PERÚ 59,903.86 ▼ 0.51% USD/BRL5.01▼ 0.42% USD/MXN18.39▼ 0.18% USD/CLP974.18▼ 0.72% USD/COP3,153▼ 0.67% USD/PEN3.43▼ 0.56% USD/ARS1,525▲ 0.05% USD/UYU40.13▲ 2.70% USD/PYG5,704▲ 3.09% USD/BOB11.65▲ 2.79% USD/DOP61.23▲ 2.73% USD/CRC448.07▲ 1.61% USD/GTQ7.64▲ 2.99% USD/HNL26.86▲ 3.12% USD/NIO36.62▲ 2.57% USD/VES879.67▼ 0.03% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.14% EUR/BRL5.64▼ 0.77% 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 207,993.04 ▲ 1.42% IPSA 10,938.91 ▼ 0.31% IPC MEX 69,010.67 ▲ 0.12% MERVAL 3,017,221 — — COLCAP 2,519.91 ▼ 0.06% BVL PERÚ 59,903.86 ▼ 0.51% 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%
since 2009
Tuesday, October 20, 2026

Brazil Brazil Elections 2026

Meta Tells Brazil Court It Followed Order

By · October 20, 2026 · 5 min read
Yellow twin-towered cathedral of Divinópolis in Minas Gerais seen from the street corner under a blue sky
The cathedral of Divinópolis, a Roman Catholic city in Minas Gerais. File photo, 2012. (Photo: Paulo JC Nogueira, CC BY-SA 3.0, via Wikimedia Commons)

BRAZIL · ELECTIONS

Published Tuesday, 20 October, 10:01 a.m. ET · Source: Meta’s filing to Brazil’s electoral court (TSE), as reported by Rede MRio and Infopebas

Key Facts

  • The country Brazil, Latin America’s largest country, elects its president in a runoff on Sunday 25 October between President Lula and Senator Flávio Bolsonaro.
  • What happened Meta told the electoral court (TSE) on Tuesday 20 October that it complied with the court’s equal-treatment order and filed a technical declaration, reports said.
  • The order Minister Marco Aurélio Bellizze set a daily fine of R$500,000 (about US$99,000) on 15 October, with R$1 million (about US$198,000) possible after a 24-hour deadline this week.
  • Meta’s claim Meta says content on both campaigns is treated equally and that it saw no negligence or resistance on its side.
  • Power Index Brazil ranks 1st of 14 in The Rio Times Latin America Power Index, with 75.0 points (October 2026 edition).
  • Prediction markets Polymarket gives Flávio Bolsonaro a 76.6% chance of winning the 25 October runoff and Lula 22.5% (20 October, 9:58 a.m. ET). Polymarket puts Flávio Bolsonaro’s chance of winning at 77% and Kalshi at 79% (Lula: 23% and 22%), as of 20 October, 10:20 am ET; prices are bets, not polls.
  • Still open The court has not ruled on Meta’s filing in the reports we reviewed.

Runoff · Sunday, 25 October

Brazil Runoff 2026: Lula vs Flávio

Date, polls, debates, odds and how the runoff works, updated every day.

Read the runoff guide →

Brazil election 2026 · Brazil election polls · Brazil election odds · Brazil runoff date and results start · Brazil election results · All election stories

Meta, owner of Facebook, Instagram and WhatsApp, told Brazil’s electoral court (TSE) on Tuesday 20 October that it has complied with the court’s order to treat both runoff campaigns equally, Rede MRio and Infopebas reported. It filed a technical declaration that, in the company’s words as reported, attests that content on both candidacies is treated in an equal and non-discriminatory way.

The filing answers a 24-hour deadline in the Brazil election 2026 fight, five days before the vote on Sunday 25 October. It matters to US readers because Meta is a US-listed company facing court-ordered daily fines in a foreign election, and traders on the Brazil election odds favour Flávio Bolsonaro, the conservative senator for Rio de Janeiro.

What Meta Told the Court

Meta said it showed no negligence and no resistance to the court’s orders, according to Rede MRio. The court’s decision asks Meta for a detailed account of its measures.

Lula’s campaign had complained that Meta AI, the company’s chatbot and image tool, refused requests for images of Lula while allowing images tied to Flávio Bolsonaro. Meta has said it temporarily stopped recommending candidates and added limits on name searches that generate candidate images, O Povo reported.

Empty presiding table with blue leather chairs and a Brazilian flag in the Federal Senate chamber in Brasília
The presiding table of Brazil’s Federal Senate in Brasília. File photo. (Photo: Agência Senado)
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The Order Behind the Filing

Bellizze barred Meta on 15 October from cutting the reach of political posts about either candidate, with a fine of R$500,000 (about US$99,000) a day for non-compliance, CNN Brasil reported. Dollar figures use the RT rate of R$5.04 per dollar.

He then gave Meta 24 hours to detail its measures, and the fine can rise to R$1 million (about US$198,000) a day, O Povo reported. The Lula campaign told the court on Monday 19 October that Meta was not complying, as our earlier report explains.

What It Means for US Readers

For anyone holding Meta shares or following platform regulation, the case shows how a US company can be drawn into a foreign vote with daily penalties. The fine is small for Meta, but a court finding against it would keep the story in the news until the runoff.

For anyone following the result, the question is whether voters see both campaigns on equal terms in the final week. The court, not the campaigns or Meta, will decide whether the filing is enough.

What Prediction Markets Say

On Polymarket, an online prediction market, bettors give Flávio Bolsonaro a 76.6% chance of winning the 25 October runoff and Lula 22.5% (20 October, 9:58 a.m. ET). The “Brazil Presidential Election” market has about US$188.9 million in total bets.

These are bets, not polls, and they can move quickly on news.

Prediction markets · who wins the runoff

Implied chance of winning Brazil’s presidency on 25 October, from traders’ prices.

Polymarket

Flávio Bolsonaro 76.6% · Lula 22.5% (US$189 million traded)

Kalshi (regulated in the US by the CFTC)

Flávio Bolsonaro 79% · Lula 22%

As of 20 October, 10:20 am ET (15:20 Lisbon), updated every 20 minutes. Prices are bets, not polls, and can move fast.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

What Is Not Known

The reports do not say when the court will rule on Meta’s filing or whether it will accept the technical declaration. We have not seen the declaration itself, only press accounts of it.

It is also unclear whether the Lula campaign will contest Meta’s account. Meta’s statements are its own claims, not findings by the court.

Frequently Asked Questions

Did Meta comply with Brazil’s electoral court order?

Meta told the court on Tuesday 20 October that it complied and filed a technical declaration. The court had not ruled on the filing in the reports we reviewed.

What is the fine if Meta does not comply?

The daily fine is R$500,000 (about US$99,000) and can rise to R$1 million (about US$198,000). Minister Marco Aurélio Bellizze set the penalties.

What has Meta done about its AI tool?

Meta has said it temporarily stopped recommending candidates and limited name searches that generate candidate images. Lula’s campaign had complained that Meta AI treated the two candidates differently.

When is Brazil’s runoff?

Brazilians vote on Sunday 25 October between Lula and Flávio Bolsonaro. The winner takes office as president for a four-year term.

What are the prediction markets saying?

Polymarket gives Flávio Bolsonaro 76.6% and Lula 22.5% (20 October, 9:58 a.m. ET). These are bets, not polls.

Sources: Rede MRio, 20 October 2026; Infopebas, 20 October 2026; CNN Brasil, 16 October 2026; O Povo, 20 October 2026.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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