IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL5.08▼ 0.15% USD/MXN17.41▼ 0.13% USD/CLP931.64▼ 0.31% USD/COP3,242▼ 0.82% USD/PEN3.40▲ 0.12% USD/ARS1,478▼ 0.24% USD/UYU40.19▲ 1.43% USD/PYG6,031▲ 1.52% USD/BOB10.75▲ 2.22% USD/DOP58.25▲ 0.71% USD/CRC447.35▲ 1.43% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.04% BRENT 91.21 ▲ 2.23% WTI 84.62 ▲ 1.67% IRON ORE 161.91 — — COPPER 6.51 ▲ 3.35% GOLD 4,056 ▲ 1.14% SILVER 58.80 ▲ 3.51% SOY 1,224 ▼ 0.20% CORN 470.00 ▲ 4.56% WHEAT 669.00 ▼ 0.74% COFFEE 328.40 ▼ 1.79% SUGAR 14.85 ▲ 0.20% ORANGE JUICE 145.00 ▼ 1.63% COTTON 79.51 ▲ 2.77% COCOA 5,627 ▲ 1.94% BEEF 223.85 ▼ 1.18% CATTLE 347.10 ▼ 1.39% LITHIUM 68.39 ▲ 2.19% PETR4 41.25 ▲ 0.24% VALE3 72.56 ▲ 0.88% ITUB4 42.24 ▼ 0.14% BBDC4 18.39 ▼ 0.11% ABEV3 15.81 ▲ 0.13% BBAS3 20.23 ▲ 0.30% B3SA3 15.23 ▼ 0.20% WEGE3 43.07 ▼ 0.14% PRIO3 58.23 ▲ 0.94% SUZB3 41.75 ▼ 0.33% RENT3 37.12 ▼ 0.99% AZZA3 18.13 ▼ 0.22% CSAN3 3.77 ▼ 1.31% RAIZ4 0.27 — 0.00% PCAR3 2.64 ▲ 1.54% GMAT3 3.82 ▼ 0.78% PSSA3 52.98 ▼ 2.25% CVCB3 1.10 ▲ 1.85% POSI3 3.68 ▼ 0.54% SLCE3 13.56 ▼ 0.07% NATU3 8.68 ▲ 0.58% BRKM5 5.99 ▲ 0.84% RANI3 7.94 ▼ 0.63% CSNA3 5.08 ▲ 0.20% CMIN3 5.35 ▼ 0.74% USIM5 8.21 ▲ 0.61% GGBR4 23.66 ▲ 0.17% ENEV3 25.53 ▼ 0.47% CPFE3 46.34 ▲ 0.04% CMIG4 10.97 ▼ 0.45% EQTL3 39.03 ▼ 0.66% LREN3 13.32 ▲ 0.08% VIVT3 35.51 ▼ 0.45% RAIL3 13.35 ▼ 1.62% KLABIN 17.42 ▼ 0.34% RAIA DROGASIL 18.54 ▼ 0.80% RDOR3 34.49 ▼ 2.71% HAPV3 11.30 ▼ 2.16% FLRY3 16.40 ▼ 0.97% SMTO3 15.58 ▲ 1.10% UGPA3 31.45 ▼ 0.79% VBBR3 33.69 ▼ 1.23% BBSE3 40.75 ▼ 0.73% BPAC11 56.03 ▲ 0.34% CURY3 30.38 ▲ 0.63% AERI3 2.08 ▲ 0.48% VIVARA 21.89 ▼ 0.32% COMPASS 24.68 ▲ 0.33% VAMOS 3.12 ▲ 0.97% SANB11 27.26 ▲ 0.93% ASAI3 8.20 ▲ 0.74% SBSP3 28.80 ▼ 0.62% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 2.34% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,370 ▲ 1.75% ETH 1,931 ▲ 1.41% SOL 78.28 ▲ 0.63% XRP 1.14 ▲ 2.46% BNB 576.32 ▲ 0.98% ADA 0.18 ▲ 3.43% DOGE 0.07 ▲ 1.40% AVAX 6.63 ▲ 0.82% LINK 8.69 ▲ 1.30% DOT 0.86 ▲ 3.86% LTC 47.59 ▲ 0.53% BCH 225.56 ▲ 2.57% TRX 0.33 ▲ 0.65% XLM 0.19 ▲ 2.58% HBAR 0.07 ▲ 2.53% NEAR 1.98 ▲ 0.12% ATOM 1.50 ▲ 0.40% AAVE 94.26 ▲ 5.00% SELIC 14.25% EMBRAER 83.58 ▲ 0.35% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.70 ▼ 0.15% MBRF3 14.81 ▲ 2.00% MBRFY 2.83 ▼ 2.75% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR16.49▼ 0.23% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY162.82▲ 0.20% USD/CNY6.75▼ 0.18% DAX 24,877 ▲ 0.12% CAC 8,335 ▼ 0.06% FTSE 10,546 ▲ 0.20% MIB 52,135 ▲ 0.52% IBEX 19,318 ▲ 0.58% STOXX 640.41 ▲ 0.13% EUR/USD1.14▼ 0.04% GBP/USD1.34▼ 0.63% SPX 7,443 ▼ 0.19% DJI 52,061 ▲ 0.43% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 35,067 ▲ 0.30% VIX 17.82 ▼ 4.45% USD/CAD1.41▲ 0.11% US10Y 4.6060 ▲ 0.17% IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL 5.08 ▼ 0.15% USD/MXN 17.41 ▼ 0.13% USD/CLP 931.64 ▼ 0.31% USD/COP 3,242 ▼ 0.82% USD/PEN 3.40 ▲ 0.12% USD/ARS 1,478 ▼ 0.24% USD/UYU 40.19 ▲ 1.43% USD/PYG 6,031 ▼ 0.03% USD/BOB 10.75 ▲ 0.94% USD/DOP 58.25 ▲ 0.71% USD/CRC 447.35 ▲ 1.43% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.60% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.04% BRENT 91.21 ▲ 2.23% WTI 84.62 ▲ 1.67% IRON ORE 161.91 — — COPPER 6.51 ▲ 3.35% GOLD 4,056 ▲ 1.14% SILVER 58.80 ▲ 3.51% SOY 1,224 ▼ 0.20% CORN 470.00 ▲ 4.56% WHEAT 669.00 ▼ 0.74% COFFEE 328.40 ▼ 1.79% SUGAR 14.85 ▲ 0.20% ORANGE JUICE 145.00 ▼ 1.63% COTTON 79.51 ▲ 2.77% COCOA 5,627 ▲ 1.94% BEEF 223.85 ▼ 1.18% CATTLE 347.10 ▼ 1.39% LITHIUM 68.39 ▲ 2.19% PETR4 41.25 ▲ 0.24% VALE3 72.56 ▲ 0.88% ITUB4 42.24 ▼ 0.14% BBDC4 18.39 ▼ 0.11% ABEV3 15.81 ▲ 0.13% BBAS3 20.23 ▲ 0.30% B3SA3 15.23 ▼ 0.20% WEGE3 43.07 ▼ 0.14% PRIO3 58.23 ▲ 0.94% SUZB3 41.75 ▼ 0.33% RENT3 37.12 ▼ 0.99% AZZA3 18.13 ▼ 0.22% CSAN3 3.77 ▼ 1.31% RAIZ4 0.27 — 0.00% PCAR3 2.64 ▲ 1.54% GMAT3 3.82 ▼ 0.78% PSSA3 52.98 ▼ 2.25% CVCB3 1.10 ▲ 1.85% POSI3 3.68 ▼ 0.54% SLCE3 13.56 ▼ 0.07% NATU3 8.68 ▲ 0.58% BRKM5 5.99 ▲ 0.84% RANI3 7.94 ▼ 0.63% CSNA3 5.08 ▲ 0.20% CMIN3 5.35 ▼ 0.74% USIM5 8.21 ▲ 0.61% GGBR4 23.66 ▲ 0.17% ENEV3 25.53 ▼ 0.47% CPFE3 46.34 ▲ 0.04% CMIG4 10.97 ▼ 0.45% EQTL3 39.03 ▼ 0.66% LREN3 13.32 ▲ 0.08% VIVT3 35.51 ▼ 0.45% RAIL3 13.35 ▼ 1.62% KLABIN 17.42 ▼ 0.34% RAIA DROGASIL 18.54 ▼ 0.80% RDOR3 34.49 ▼ 2.71% HAPV3 11.30 ▼ 2.16% FLRY3 16.40 ▼ 0.97% SMTO3 15.58 ▲ 1.10% UGPA3 31.45 ▼ 0.79% VBBR3 33.69 ▼ 1.23% BBSE3 40.75 ▼ 0.73% BPAC11 56.03 ▲ 0.34% CURY3 30.38 ▲ 0.63% AERI3 2.08 ▲ 0.48% VIVARA 21.89 ▼ 0.32% COMPASS 24.68 ▲ 0.33% VAMOS 3.12 ▲ 0.97% SANB11 27.26 ▲ 0.93% ASAI3 8.20 ▲ 0.74% SBSP3 28.80 ▼ 0.62% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 2.34% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,370 ▲ 1.75% ETH 1,931 ▲ 1.41% SOL 78.28 ▲ 0.63% XRP 1.14 ▲ 2.46% BNB 576.32 ▲ 0.98% ADA 0.18 ▲ 3.43% DOGE 0.07 ▲ 1.40% AVAX 6.63 ▲ 0.82% LINK 8.69 ▲ 1.30% DOT 0.86 ▲ 3.86% LTC 47.59 ▲ 0.53% BCH 225.56 ▲ 2.57% TRX 0.33 ▲ 0.65% XLM 0.19 ▲ 2.58% HBAR 0.07 ▲ 2.53% NEAR 1.98 ▲ 0.12% ATOM 1.50 ▲ 0.40% AAVE 94.26 ▲ 5.00% SELIC 14.25% EMBRAER 83.58 ▲ 0.35% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.70 ▼ 0.15% MBRF3 14.81 ▲ 2.00% MBRFY 2.83 ▼ 2.75% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR 16.48 ▼ 0.11% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 162.79 ▲ 0.21% USD/CNY 6.7549 ▼ 0.04% DAX 24,877 ▲ 0.12% CAC 8,335 ▼ 0.06% FTSE 10,546 ▲ 0.20% MIB 52,135 ▲ 0.52% IBEX 19,318 ▲ 0.58% STOXX 640.41 ▲ 0.13% EUR/USD 1.1413 ▼ 0.01% GBP/USD 1.3379 ▼ 0.35% SPX 7,443 ▼ 0.19% DJI 52,061 ▲ 0.43% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 35,067 ▲ 0.30% VIX 17.82 ▼ 4.45% USD/CAD 1.4086 ▲ 0.06% US10Y 4.6060 ▲ 0.17%
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Tuesday, July 21, 2026

Brazil Politics - Brazil

New York Times Scrutinizes Brazil’s Supreme Court for Unraveling Anti-Corruption Efforts

By · November 25, 2024 · 2 min read

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The New York Times recently published an article shedding light on the dismantling of Operation Car Wash, Brazil’s landmark anti-corruption initiative. The report details how the country’s Supreme Federal Court (STF) has been systematically undoing the operation’s achievements.

According to the NYT, the court is rejecting crucial evidence and overturning significant convictions. Justice Dias Toffoli has played a central role in this process. He argues that evidence obtained illegally cannot support convictions. His decisions have led to the annulment of fines against major companies and impacted numerous convictions in Brazil.

The article highlights that Toffoli’s background raises questions about impartiality. Before his appointment to the Supreme Court, he worked as a lawyer for Lula’s Workers’ Party and later as a presidential advisor. Lula, who was convicted in the Car Wash operation, appointed Toffoli to the court in 2009.

New York Times Scrutinizes Brazil's Supreme Court for Unraveling Anti-Corruption Efforts
New York Times Scrutinizes Brazil’s Supreme Court for Unraveling Anti-Corruption Efforts – Justice Dias Toffoli. (Photo Internet reproduction)
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The NYT report also discusses the broader implications of these legal reversals. The court’s actions are affecting cases in other Latin American countries, including Peru, Argentina, and Panama. This development has ignited debate about the balance between due process and accountability in Brazil’s fight against corruption.

New York Times Scrutinizes Brazil’s Supreme Court for Unraveling Anti-Corruption Efforts

The article mentions specific cases, such as the overturning of convictions for Marcelo Odebrecht, Léo Pinheiro, and Raul Schmidt. It also notes the annulment of significant fines, including Odebrecht’s R$2.5 billion fine (approximately $438 million at a 5.70 exchange rate).

The NYT piece emphasizes how these decisions are effectively dismantling one of the largest anti-corruption efforts in recent history. It raises concerns about the future of anti-corruption initiatives in Brazil and the region. The report suggests that the court’s actions may have long-lasting effects on Brazil’s approach to fighting corruption.

Overall, the New York Times article presents a critical view of the STF’s recent decisions. It highlights the tension between legal procedural concerns and the broader goal of combating corruption in Brazil. The piece serves as a significant international perspective on the ongoing legal and political developments in the country.

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