IBOV 170,348 ▼ 2.21% IPSA 10,366 ▼ 0.99% IPC MEX 68,313 ▼ 0.84% MERVAL 3,162,872 ▼ 1.90% COLCAP 2,264.61 ▲ 0.44% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.06 ▲ 1.15% USD/MXN 17.34 ▲ 0.24% USD/CLP 894.77 ▲ 0.76% USD/COP 3,572 ▲ 0.19% USD/PEN 3.40 ▼ 0.02% USD/ARS 1,439 ▲ 0.82% USD/UYU 40.27 ▲ 1.59% USD/PYG 6,095 ▲ 3.16% USD/BOB 6.85 ▲ 1.64% USD/DOP 57.83 ▲ 0.14% USD/CRC 456.90 ▲ 3.28% USD/GTQ 7.62 ▲ 2.15% USD/HNL 26.64 ▲ 1.72% USD/NIO 36.62 ▲ 0.68% USD/VES 557.25 ▼ 0.01% USD/PAB 1.00 ▲ 2.18% USD/BZD 2.00 ▲ 1.60% USD/JMD 156.58 ▲ 0.37% USD/TTD 6.67 ▲ 0.14% EUR/BRL 5.87 ▲ 0.24% BRENT 97.98 ▲ 2.06% WTI 96.21 ▲ 2.61% IRON ORE 161.91 — — COPPER 6.49 ▼ 2.41% GOLD 4,473 ▼ 0.36% SILVER 73.45 ▼ 2.48% SOY 1,154 ▼ 1.01% CORN 430.75 ▼ 2.21% WHEAT 586.75 ▼ 2.69% COFFEE 252.65 ▼ 2.53% SUGAR 14.22 ▼ 1.11% ORANGE JUICE 167.05 ▲ 4.41% COTTON 76.58 ▼ 0.60% COCOA 4,037 ▼ 1.73% BEEF 237.85 ▼ 3.97% CATTLE 342.58 ▼ 1.68% LITHIUM 84.82 ▼ 1.83% PETR4 41.41 ▼ 0.38% VALE3 82.00 ▼ 3.53% ITUB4 38.77 ▼ 2.00% BBDC4 17.35 ▼ 2.25% ABEV3 16.08 ▼ 2.25% BBAS3 19.58 ▼ 1.56% B3SA3 15.54 ▼ 4.55% WEGE3 41.91 ▼ 0.21% PRIO3 62.55 ▲ 0.92% SUZB3 40.94 ▲ 1.26% RENT3 40.70 ▼ 2.70% AZZA3 17.50 ▼ 7.85% CSAN3 3.60 ▼ 7.22% RAIZ4 0.40 ▲ 5.26% PCAR3 1.57 — 0.00% GMAT3 4.16 ▼ 1.19% PSSA3 48.04 ▼ 1.44% CVCB3 1.46 ▼ 5.19% POSI3 3.70 ▼ 8.87% SLCE3 15.02 ▼ 1.77% NATU3 9.73 ▼ 1.32% BRKM5 9.53 ▼ 4.80% RANI3 7.83 ▼ 0.38% CSNA3 6.71 ▼ 5.89% CMIN3 4.48 ▼ 6.28% USIM5 11.39 ▼ 5.40% GGBR4 24.07 ▼ 2.35% ENEV3 24.42 ▼ 3.67% NEOE3 33.80 — 0.00% CPFE3 43.23 ▼ 0.62% CMIG4 10.82 ▼ 1.64% EQTL3 39.22 ▲ 0.38% LREN3 14.72 ▼ 5.15% VIVT3 33.66 ▼ 0.41% RAIL3 13.81 ▼ 2.68% KLABIN 16.77 ▼ 0.83% RAIA DROGASIL 17.45 ▼ 3.59% RDOR3 32.95 ▼ 3.80% HAPV3 11.11 ▼ 9.16% FLRY3 14.78 ▼ 3.59% SMTO3 17.33 ▼ 0.97% UGPA3 24.84 ▼ 3.38% VBBR3 29.33 ▼ 2.66% BBSE3 35.02 ▼ 0.31% BPAC11 50.86 ▼ 4.49% CURY3 29.50 ▼ 5.84% AERI3 2.29 ▼ 2.14% VIVARA 20.21 ▼ 5.56% COMPASS 25.78 ▼ 2.72% VAMOS 2.92 ▼ 1.68% SANB11 26.74 ▼ 2.27% ASAI3 8.75 ▼ 3.31% SBSP3 27.20 ▼ 1.77% WALMEX 52.17 ▲ 0.42% GMEXICO 214.06 ▼ 3.02% FEMSA 211.80 ▲ 1.92% CEMEX 22.45 ▼ 1.32% GFNORTE 180.93 ▼ 0.72% BIMBO 58.45 ▲ 0.46% TELEVISA 9.04 ▼ 1.95% AMX 22.22 ▼ 0.13% GAP 419.33 ▲ 0.93% ASUR 297.10 ▼ 1.96% OMA 220.06 ▼ 1.56% KOF 187.12 ▼ 0.40% GRUMA 294.63 ▲ 0.45% KIMBER 38.12 ▼ 0.76% SQM-B 70,938 ▼ 1.38% COPEC 6,123 ▼ 1.00% BSANTANDER 68.13 ▼ 1.28% FALABELLA 5,524 ▼ 0.73% ENELAM 76.80 ▼ 1.15% CENCOSUD 2,141 ▼ 0.87% CMPC 1,027 ▼ 0.48% BANCO CHILE 164.51 ▼ 1.37% LATAM AIR 22.26 ▼ 1.50% YPF 82,900 ▼ 0.45% GGAL 7,360 ▼ 2.97% PAMPA 5,120 ▼ 1.25% TXAR 679.00 ▼ 1.74% ALUAR 1,015 ▲ 1.50% TGS 9,210 ▼ 2.75% CEPU 2,313 ▼ 2.32% MIRGOR 16,925 ▼ 0.88% COME 47.89 ▼ 3.21% LOMA NEGRA 3,448 ▼ 1.64% BYMA 293.00 — 0.00% TELECOM ARG 4,060 ▼ 2.70% ECOPETROL 15.64 ▼ 2.13% BANCOLOMBIA 72.25 ▼ 2.03% GRUPO AVAL 4.96 ▲ 0.40% CREDICORP 328.83 ▼ 4.39% SOUTHERN COPPER 197.68 ▼ 1.83% BUENAVENTURA 33.99 ▼ 2.30% MERCADOLIBRE 1,640 ▼ 1.97% NUBANK 11.69 ▼ 2.05% XP 15.58 ▼ 3.83% PAGSEGURO 8.72 ▼ 5.42% STONE 10.57 ▼ 6.01% GLOBANT 39.72 ▼ 6.07% TECNOGLASS 42.42 ▼ 3.04% GAP AIRPORT 241.50 ▲ 0.61% ASUR 297.10 ▼ 1.96% OMA AIRPORT 101.33 ▼ 2.11% AMX ADR 25.59 ▼ 0.49% FEMSA ADR 121.90 ▲ 1.47% CEMEX ADR 12.91 ▼ 1.19% PETROBRAS ADR 18.28 ▼ 2.38% VALE ADR 16.14 ▼ 4.07% ITAU ADR 7.60 ▼ 3.37% SANTANDER BR 5.30 ▼ 3.38% AMBEV ADR 3.15 ▼ 3.23% CSN 1.33 ▼ 6.69% GERDAU 4.76 ▼ 2.76% LATAM ADR 49.74 ▼ 2.49% BTC 65,291 ▼ 2.12% ETH 1,802 ▼ 3.00% SOL 71.88 ▼ 3.05% XRP 1.20 ▼ 0.57% BNB 622.51 ▼ 4.29% ADA 0.20 ▼ 3.60% DOGE 0.09 ▼ 0.83% AVAX 8.06 ▼ 1.32% LINK 8.22 ▼ 1.68% DOT 1.10 ▲ 1.97% LTC 47.33 ▲ 0.90% BCH 243.30 ▼ 9.54% TRX 0.33 ▲ 0.41% XLM 0.21 ▼ 3.42% HBAR 0.09 ▼ 1.25% NEAR 2.84 ▲ 8.13% ATOM 1.87 ▲ 2.69% AAVE 74.63 ▲ 1.54% SELIC 14.50% EMBRAER 69.69 ▼ 3.14% EMBRAER ADR 54.95 ▼ 4.05% JBS 11.84 ▼ 2.99% JBS BDR 60.03 ▼ 0.96% MBRF3 15.45 ▼ 2.52% MBRFY 3.06 ▼ 5.56% INTER 5.76 ▼ 4.00% EGX 52,564 ▼ 0.69% USD/ZAR 16.35 ▲ 0.68% USD/NGN 1,357 ▼ 0.32% NIKKEI 68,402 ▲ 2.50% CSI300 4,939 ▲ 0.49% HSI 25,633 ▼ 1.56% NIFTY 23,406 ▼ 0.33% KOSPI 8,801 ▲ 0.15% JCI 5,941 ▼ 4.11% USD/JPY 160.07 ▲ 0.11% USD/CNY 6.7692 ▲ 0.11% DAX 24,796 ▼ 1.31% CAC 8,150 ▼ 0.71% FTSE 10,332 ▼ 0.40% MIB 50,038 ▼ 1.07% IBEX 18,176 ▼ 0.53% STOXX 621.19 ▼ 0.66% EUR/USD 1.1602 ▼ 0.28% GBP/USD 1.3420 ▼ 0.35% SPX 7,562 ▼ 0.63% DJI 50,772 ▼ 1.04% NDX 30,590 ▼ 0.23% RUT 2,894 ▼ 1.28% TSX 34,814 ▼ 1.01% VIX 15.98 ▲ 1.33% USD/CAD 1.3892 ▲ 0.40% US10Y 4.4910 ▲ 0.81% IBOV 170,348 ▼ 2.21% IPSA 10,366 ▼ 0.99% IPC MEX 68,313 ▼ 0.84% MERVAL 3,162,872 ▼ 1.90% COLCAP 2,264.61 ▲ 0.44% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.06 ▲ 1.15% USD/MXN 17.34 ▲ 0.24% USD/CLP 894.77 ▲ 0.76% USD/COP 3,572 ▲ 0.19% USD/PEN 3.40 ▼ 0.02% USD/ARS 1,439 ▲ 0.82% USD/UYU 40.27 ▲ 1.59% USD/PYG 6,095 ▲ 3.16% USD/BOB 6.85 ▲ 1.64% USD/DOP 57.83 ▲ 0.14% USD/CRC 456.90 ▲ 3.28% USD/GTQ 7.62 ▲ 2.15% USD/HNL 26.64 ▲ 1.72% USD/NIO 36.62 ▲ 0.68% USD/VES 557.25 ▼ 0.01% USD/PAB 1.00 ▲ 2.18% USD/BZD 2.00 ▲ 1.60% USD/JMD 156.58 ▲ 0.37% USD/TTD 6.67 ▲ 0.14% EUR/BRL 5.87 ▲ 0.24% BRENT 97.98 ▲ 2.06% WTI 96.21 ▲ 2.61% IRON ORE 161.91 — — COPPER 6.49 ▼ 2.41% GOLD 4,473 ▼ 0.36% SILVER 73.45 ▼ 2.48% SOY 1,154 ▼ 1.01% CORN 430.75 ▼ 2.21% WHEAT 586.75 ▼ 2.69% COFFEE 252.65 ▼ 2.53% SUGAR 14.22 ▼ 1.11% ORANGE JUICE 167.05 ▲ 4.41% COTTON 76.58 ▼ 0.60% COCOA 4,037 ▼ 1.73% BEEF 237.85 ▼ 3.97% CATTLE 342.58 ▼ 1.68% LITHIUM 84.82 ▼ 1.83% PETR4 41.41 ▼ 0.38% VALE3 82.00 ▼ 3.53% ITUB4 38.77 ▼ 2.00% BBDC4 17.35 ▼ 2.25% ABEV3 16.08 ▼ 2.25% BBAS3 19.58 ▼ 1.56% B3SA3 15.54 ▼ 4.55% WEGE3 41.91 ▼ 0.21% PRIO3 62.55 ▲ 0.92% SUZB3 40.94 ▲ 1.26% RENT3 40.70 ▼ 2.70% AZZA3 17.50 ▼ 7.85% CSAN3 3.60 ▼ 7.22% RAIZ4 0.40 ▲ 5.26% PCAR3 1.57 — 0.00% GMAT3 4.16 ▼ 1.19% PSSA3 48.04 ▼ 1.44% CVCB3 1.46 ▼ 5.19% POSI3 3.70 ▼ 8.87% SLCE3 15.02 ▼ 1.77% NATU3 9.73 ▼ 1.32% BRKM5 9.53 ▼ 4.80% RANI3 7.83 ▼ 0.38% CSNA3 6.71 ▼ 5.89% CMIN3 4.48 ▼ 6.28% USIM5 11.39 ▼ 5.40% GGBR4 24.07 ▼ 2.35% ENEV3 24.42 ▼ 3.67% NEOE3 33.80 — 0.00% CPFE3 43.23 ▼ 0.62% CMIG4 10.82 ▼ 1.64% EQTL3 39.22 ▲ 0.38% LREN3 14.72 ▼ 5.15% VIVT3 33.66 ▼ 0.41% RAIL3 13.81 ▼ 2.68% KLABIN 16.77 ▼ 0.83% RAIA DROGASIL 17.45 ▼ 3.59% RDOR3 32.95 ▼ 3.80% HAPV3 11.11 ▼ 9.16% FLRY3 14.78 ▼ 3.59% SMTO3 17.33 ▼ 0.97% UGPA3 24.84 ▼ 3.38% VBBR3 29.33 ▼ 2.66% BBSE3 35.02 ▼ 0.31% BPAC11 50.86 ▼ 4.49% CURY3 29.50 ▼ 5.84% AERI3 2.29 ▼ 2.14% VIVARA 20.21 ▼ 5.56% COMPASS 25.78 ▼ 2.72% VAMOS 2.92 ▼ 1.68% SANB11 26.74 ▼ 2.27% ASAI3 8.75 ▼ 3.31% SBSP3 27.20 ▼ 1.77% WALMEX 52.17 ▲ 0.42% GMEXICO 214.06 ▼ 3.02% FEMSA 211.80 ▲ 1.92% CEMEX 22.45 ▼ 1.32% GFNORTE 180.93 ▼ 0.72% BIMBO 58.45 ▲ 0.46% TELEVISA 9.04 ▼ 1.95% AMX 22.22 ▼ 0.13% GAP 419.33 ▲ 0.93% ASUR 297.10 ▼ 1.96% OMA 220.06 ▼ 1.56% KOF 187.12 ▼ 0.40% GRUMA 294.63 ▲ 0.45% KIMBER 38.12 ▼ 0.76% SQM-B 70,938 ▼ 1.38% COPEC 6,123 ▼ 1.00% BSANTANDER 68.13 ▼ 1.28% FALABELLA 5,524 ▼ 0.73% ENELAM 76.80 ▼ 1.15% CENCOSUD 2,141 ▼ 0.87% CMPC 1,027 ▼ 0.48% BANCO CHILE 164.51 ▼ 1.37% LATAM AIR 22.26 ▼ 1.50% YPF 82,900 ▼ 0.45% GGAL 7,360 ▼ 2.97% PAMPA 5,120 ▼ 1.25% TXAR 679.00 ▼ 1.74% ALUAR 1,015 ▲ 1.50% TGS 9,210 ▼ 2.75% CEPU 2,313 ▼ 2.32% MIRGOR 16,925 ▼ 0.88% COME 47.89 ▼ 3.21% LOMA NEGRA 3,448 ▼ 1.64% BYMA 293.00 — 0.00% TELECOM ARG 4,060 ▼ 2.70% ECOPETROL 15.64 ▼ 2.13% BANCOLOMBIA 72.25 ▼ 2.03% GRUPO AVAL 4.96 ▲ 0.40% CREDICORP 328.83 ▼ 4.39% SOUTHERN COPPER 197.68 ▼ 1.83% BUENAVENTURA 33.99 ▼ 2.30% MERCADOLIBRE 1,640 ▼ 1.97% NUBANK 11.69 ▼ 2.05% XP 15.58 ▼ 3.83% PAGSEGURO 8.72 ▼ 5.42% STONE 10.57 ▼ 6.01% GLOBANT 39.72 ▼ 6.07% TECNOGLASS 42.42 ▼ 3.04% GAP AIRPORT 241.50 ▲ 0.61% ASUR 297.10 ▼ 1.96% OMA AIRPORT 101.33 ▼ 2.11% AMX ADR 25.59 ▼ 0.49% FEMSA ADR 121.90 ▲ 1.47% CEMEX ADR 12.91 ▼ 1.19% PETROBRAS ADR 18.28 ▼ 2.38% VALE ADR 16.14 ▼ 4.07% ITAU ADR 7.60 ▼ 3.37% SANTANDER BR 5.30 ▼ 3.38% AMBEV ADR 3.15 ▼ 3.23% CSN 1.33 ▼ 6.69% GERDAU 4.76 ▼ 2.76% LATAM ADR 49.74 ▼ 2.49% BTC 65,291 ▼ 2.12% ETH 1,802 ▼ 3.00% SOL 71.88 ▼ 3.05% XRP 1.20 ▼ 0.57% BNB 622.51 ▼ 4.29% ADA 0.20 ▼ 3.60% DOGE 0.09 ▼ 0.83% AVAX 8.06 ▼ 1.32% LINK 8.22 ▼ 1.68% DOT 1.10 ▲ 1.97% LTC 47.33 ▲ 0.90% BCH 243.30 ▼ 9.54% TRX 0.33 ▲ 0.41% XLM 0.21 ▼ 3.42% HBAR 0.09 ▼ 1.25% NEAR 2.84 ▲ 8.13% ATOM 1.87 ▲ 2.69% AAVE 74.63 ▲ 1.54% SELIC 14.50% EMBRAER 69.69 ▼ 3.14% EMBRAER ADR 54.95 ▼ 4.05% JBS 11.84 ▼ 2.99% JBS BDR 60.03 ▼ 0.96% MBRF3 15.45 ▼ 2.52% MBRFY 3.06 ▼ 5.56% INTER 5.76 ▼ 4.00% EGX 52,564 ▼ 0.69% USD/ZAR 16.35 ▲ 0.68% USD/NGN 1,357 ▼ 0.32% NIKKEI 68,402 ▲ 2.50% CSI300 4,939 ▲ 0.49% HSI 25,633 ▼ 1.56% NIFTY 23,406 ▼ 0.33% KOSPI 8,801 ▲ 0.15% JCI 5,941 ▼ 4.11% USD/JPY 160.07 ▲ 0.11% USD/CNY 6.7692 ▲ 0.11% DAX 24,796 ▼ 1.31% CAC 8,150 ▼ 0.71% FTSE 10,332 ▼ 0.40% MIB 50,038 ▼ 1.07% IBEX 18,176 ▼ 0.53% STOXX 621.19 ▼ 0.66% EUR/USD 1.1602 ▼ 0.28% GBP/USD 1.3420 ▼ 0.35% SPX 7,562 ▼ 0.63% DJI 50,772 ▼ 1.04% NDX 30,590 ▼ 0.23% RUT 2,894 ▼ 1.28% TSX 34,814 ▼ 1.01% VIX 15.98 ▲ 1.33% USD/CAD 1.3892 ▲ 0.40% US10Y 4.4910 ▲ 0.81%
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Wednesday, June 3, 2026

Guest Opinions Analysis

Opinion: Bolsonaro’s Argentina Asylum Draft Exposes His Fear of Brazil’s Courts

By · August 21, 2025 · 2 min read

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(Opinion) The discovery of a draft asylum request on Jair Bolsonaro’s phone is more than a legal detail.

It is a rare glimpse into the mindset of a former president who once led Latin America’s largest democracy and who now faces the possibility of spending the rest of his life in prison.

The 33-page draft, addressed to Argentina’s president Javier Milei, portrays Bolsonaro as a victim of political persecution. Brazil’s Supreme Court treated it as proof that he was preparing to flee justice.

That response fits the pattern Bolsonaro and his supporters denounce: a court that in their eyes acts less like an arbiter of law and more like a political rival.

This is the heart of the debate. To his critics, the asylum draft confirms what they always suspected — that Bolsonaro sought to escape accountability for an alleged attempt to undo the 2022 election.

Opinion: Bolsonaro’s Argentina Asylum Draft Exposes His Fear of Brazil’s Courts
Opinion: Bolsonaro’s Argentina Asylum Draft Exposes His Fear of Brazil’s Courts. (Photo Internet reproduction)
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To his supporters, it confirms something else: that Bolsonaro had reason to fear a biased judiciary, led by Justice Alexandre de Moraes, who has imposed speech bans, seized passports, and now confined him to house arrest.

The parallel with Donald Trump is striking. Both men cast their legal battles as “witch hunts,” claiming powerful institutions weaponize the justice system against populist challengers.

The asylum draft makes that narrative tangible. It is a written artifact of Bolsonaro’s fear that he would not receive a fair trial.

Yet the case is not only about politics. The Federal Police say Bolsonaro tied his legal survival to Brazil’s trade conflict with Washington.

Investigators presented audios where he suggested that approving an amnesty could ease the 50 percent tariff hike recently imposed on Brazilian goods and sanctions under the Magnitsky Act.

Linking personal legal fate with international trade only deepens the sense of a leader blurring private defense with national policy. Argentina, for its part, insists it never received a formal request.

The letter remains a draft, never delivered, never acted upon. But its existence has already changed the narrative. It sharpened the view of Bolsonaro as either a persecuted outsider or a defendant cornered by evidence.

That is why this document matters. It is not simply another exhibit in a court case. It symbolizes a clash over trust in Brazil’s institutions.

One side sees law enforcement closing in on a man who broke democratic rules. The other sees courts exceeding their mandate to eliminate a political rival.

The trial in September will not settle that argument. It will only confirm how much Brazil’s politics and justice have merged — and how far that struggle now extends into trade, diplomacy, and the region’s democratic stability.

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