IBOV 169,648 ▼ 0.45% IPSA 10,904 ▲ 0.23% IPC MEX 68,483 ▲ 0.40% MERVAL 3,254,706 ▼ 2.92% COLCAP 2,371.18 ▼ 0.65% BVL PERÚ 56,588.47 ▲ 0.20% USD/BRL5.09▲ 0.52% USD/MXN17.20▼ 0.14% USD/CLP885.79▼ 0.64% USD/COP3,427▼ 1.81% USD/PEN3.41▲ 0.29% USD/ARS1,437▲ 0.49% USD/UYU40.32▲ 1.14% USD/PYG6,069▲ 0.98% USD/BOB6.85▲ 1.68% USD/DOP58.27▲ 0.43% USD/CRC451.13▲ 1.89% USD/GTQ7.61▲ 2.20% USD/HNL26.66▲ 1.33% USD/NIO36.62▲ 0.72% USD/VES595.29▲ 1.47% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.35% USD/TTD6.76▲ 1.40% EUR/BRL5.91▲ 0.66% BRENT 79.49 ▼ 4.42% WTI 75.85 ▼ 6.07% IRON ORE 161.91 — — COPPER 6.50 ▲ 0.25% GOLD 4,355 ▲ 0.62% SILVER 70.18 ▲ 0.16% SOY 1,150 ▲ 2.73% CORN 414.00 ▼ 0.36% WHEAT 604.75 ▲ 2.54% COFFEE 273.60 ▲ 4.05% SUGAR 14.29 ▲ 4.46% ORANGE JUICE 147.45 ▼ 4.69% COTTON 77.76 ▲ 5.90% COCOA 4,232 ▲ 9.02% BEEF 249.13 ▼ 0.60% CATTLE 367.63 ▲ 1.68% LITHIUM 83.60 ▼ 0.57% PETR4 38.54 ▼ 1.33% VALE3 81.44 ▲ 0.35% ITUB4 40.45 ▲ 0.12% BBDC4 17.66 ▲ 0.06% ABEV3 16.44 ▼ 0.78% BBAS3 19.40 ▲ 0.05% B3SA3 15.04 ▼ 0.66% WEGE3 42.83 ▲ 0.12% PRIO3 56.85 ▼ 0.44% SUZB3 42.93 ▲ 0.80% RENT3 40.96 ▲ 0.76% AZZA3 17.45 ▲ 0.06% CSAN3 3.27 — 0.00% RAIZ4 0.43 ▲ 2.38% PCAR3 1.93 ▲ 9.66% GMAT3 3.91 ▼ 1.01% PSSA3 50.56 ▲ 1.22% CVCB3 1.35 ▼ 2.17% POSI3 3.79 ▲ 1.07% SLCE3 14.04 ▼ 0.57% NATU3 8.58 ▲ 1.18% BRKM5 8.46 ▼ 9.23% RANI3 7.80 ▼ 1.27% CSNA3 6.02 ▼ 1.15% CMIN3 4.35 ▼ 0.91% USIM5 10.13 ▼ 6.20% GGBR4 23.29 ▼ 0.30% ENEV3 24.44 ▼ 2.47% NEOE3 33.80 — 0.00% CPFE3 43.77 ▼ 0.68% CMIG4 10.72 ▼ 0.09% EQTL3 37.60 ▼ 2.13% LREN3 14.89 ▼ 2.74% VIVT3 33.58 ▲ 1.33% RAIL3 13.03 ▼ 1.81% KLABIN 17.06 ▼ 0.29% RAIA DROGASIL 17.67 ▲ 2.20% RDOR3 34.08 ▲ 0.83% HAPV3 11.21 ▼ 1.84% FLRY3 14.80 ▼ 1.20% SMTO3 15.97 ▼ 0.93% UGPA3 23.88 ▼ 0.91% VBBR3 27.92 ▼ 2.85% BBSE3 38.19 ▲ 1.09% BPAC11 50.70 ▼ 0.35% CURY3 32.70 ▼ 1.15% AERI3 2.31 ▼ 1.28% VIVARA 21.00 ▼ 2.73% COMPASS 24.99 ▼ 0.28% VAMOS 2.86 ▼ 4.03% SANB11 27.09 — 0.00% ASAI3 7.89 ▼ 1.00% SBSP3 27.80 ▼ 0.25% WALMEX 52.22 ▼ 0.80% GMEXICO 214.40 ▼ 0.01% FEMSA 219.27 ▲ 1.06% CEMEX 22.36 ▲ 0.54% GFNORTE 189.94 ▲ 1.24% BIMBO 58.00 ▼ 0.15% TELEVISA 10.25 ▲ 0.69% AMX 23.12 ▼ 0.99% GAP 431.45 ▲ 1.62% ASUR 305.18 ▲ 1.39% OMA 240.87 ▲ 2.59% KOF 183.50 ▼ 0.62% GRUMA 290.87 ▼ 0.50% KIMBER 37.86 ▲ 1.28% SQM-B 73,899 ▼ 0.34% COPEC 6,028 ▲ 0.47% BSANTANDER 74.00 ▲ 0.01% FALABELLA 6,094 ▲ 2.08% ENELAM 78.00 ▼ 1.27% CENCOSUD 2,185 ▼ 3.95% CMPC 1,050 ▼ 0.76% BANCO CHILE 179.60 ▼ 0.50% LATAM AIR 24.49 ▼ 0.45% YPF 76,750 ▼ 7.97% GGAL 8,160 ▼ 0.61% PAMPA 5,110 ▼ 3.40% TXAR 682.50 ▼ 2.43% ALUAR 985.00 ▼ 4.28% TGS 9,405 ▼ 4.90% CEPU 2,372 ▲ 0.04% MIRGOR 16,950 ▼ 1.17% COME 43.88 ▼ 2.45% LOMA NEGRA 3,600 ▼ 3.68% BYMA 303.25 ▼ 0.49% TELECOM ARG 4,398 ▼ 3.46% ECOPETROL 15.80 ▲ 0.70% BANCOLOMBIA 79.25 ▼ 1.11% GRUPO AVAL 5.47 — 0.00% CREDICORP 364.28 ▲ 0.54% SOUTHERN COPPER 194.53 ▲ 0.68% BUENAVENTURA 35.96 ▲ 3.16% MERCADOLIBRE 1,674 ▲ 1.68% NUBANK 12.72 ▲ 2.33% XP 15.68 ▼ 0.82% PAGSEGURO 8.98 ▲ 1.24% STONE 10.99 — 0.00% GLOBANT 36.63 ▼ 0.65% TECNOGLASS 44.85 ▲ 2.21% GAP AIRPORT 250.58 ▲ 1.26% ASUR 305.18 ▲ 1.39% OMA AIRPORT 111.73 ▲ 2.50% AMX ADR 26.78 ▼ 1.47% FEMSA ADR 126.88 ▲ 0.43% CEMEX ADR 12.98 ▲ 0.70% PETROBRAS ADR 17.05 ▼ 1.67% VALE ADR 15.98 ▼ 0.13% ITAU ADR 7.94 ▼ 0.13% SANTANDER BR 5.41 — 0.00% AMBEV ADR 3.20 ▼ 1.54% CSN 1.21 ▼ 0.82% GERDAU 4.62 ▼ 1.07% LATAM ADR 55.01 ▲ 0.27% BTC 65,651 ▼ 0.96% ETH 1,792 ▼ 0.17% SOL 73.26 ▼ 0.97% XRP 1.21 ▼ 1.94% BNB 604.42 ▼ 2.11% ADA 0.17 ▼ 3.78% DOGE 0.09 ▼ 1.01% AVAX 6.89 ▲ 0.77% LINK 8.27 ▼ 0.28% DOT 1.02 ▲ 0.76% LTC 45.63 ▼ 0.38% BCH 214.19 ▼ 4.62% TRX 0.32 ▼ 0.58% XLM 0.22 ▲ 2.11% HBAR 0.08 ▼ 2.61% NEAR 2.31 ▼ 3.40% ATOM 2.01 ▲ 2.16% AAVE 76.32 ▲ 3.41% SELIC 14.50% EMBRAER 76.27 ▼ 2.21% EMBRAER ADR 59.92 ▼ 2.57% JBS 12.30 ▲ 0.90% JBS BDR 62.77 ▲ 2.15% MBRF3 15.96 ▲ 1.14% MBRFY 3.09 ▲ 0.10% INTER 5.77 ▼ 0.86% EGX 52,047 ▼ 0.50% USD/ZAR16.18▼ 0.18% USD/NGN 1,356 — 0.00% NIKKEI 69,327 ▼ 0.11% CSI300 4,884 ▼ 0.15% HSI 24,494 ▼ 1.40% NIFTY 23,989 ▲ 0.57% KOSPI 8,649 ▼ 0.89% JCI 6,255 ▲ 4.12% USD/JPY160.37▲ 0.02% USD/CNY 6.7557 — 0.00% DAX 24,910 ▲ 0.07% CAC 8,447 ▲ 0.75% FTSE 10,494 ▲ 0.61% MIB 52,433 ▲ 1.15% IBEX 19,164 ▲ 0.69% STOXX 636.00 ▲ 0.25% EUR/USD1.16▲ 0.22% GBP/USD1.34▼ 0.12% SPX 7,511 ▼ 0.57% DJI 52,000 ▲ 0.64% NDX 29,968 ▼ 1.89% RUT 2,939 ▼ 0.87% TSX 35,390 ▲ 0.32% VIX 16.41 ▲ 1.30% USD/CAD1.40▲ 0.01% US10Y 4.4280 ▼ 0.92% IBOV 169,648 ▼ 0.45% IPSA 10,904 ▲ 0.23% IPC MEX 68,483 ▲ 0.40% MERVAL 3,254,706 ▼ 2.92% COLCAP 2,371.18 ▼ 0.65% BVL PERÚ 56,588.47 ▲ 0.20% USD/BRL 5.09 ▲ 0.52% USD/MXN 17.20 ▼ 0.14% USD/CLP 885.79 ▼ 0.64% USD/COP 3,427 ▼ 1.81% USD/PEN 3.41 ▲ 0.29% USD/ARS 1,437 ▲ 0.49% USD/UYU 40.32 ▲ 1.14% USD/PYG 6,069 ▲ 0.98% USD/BOB 6.85 ▲ 1.68% USD/DOP 58.27 ▲ 0.43% USD/CRC 451.13 ▲ 1.89% USD/GTQ 7.61 ▲ 2.20% USD/HNL 26.66 ▲ 1.33% USD/NIO 36.62 ▲ 0.72% USD/VES 595.29 ▲ 1.47% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.76 ▲ 1.40% EUR/BRL 5.91 ▲ 0.66% BRENT 79.49 ▼ 4.42% WTI 75.85 ▼ 6.07% IRON ORE 161.91 — — COPPER 6.50 ▲ 0.25% GOLD 4,355 ▲ 0.62% SILVER 70.18 ▲ 0.16% SOY 1,150 ▲ 2.73% CORN 414.00 ▼ 0.36% WHEAT 604.75 ▲ 2.54% COFFEE 273.60 ▲ 4.05% SUGAR 14.29 ▲ 4.46% ORANGE JUICE 147.45 ▼ 4.69% COTTON 77.76 ▲ 5.90% COCOA 4,232 ▲ 9.02% BEEF 249.13 ▼ 0.60% CATTLE 367.63 ▲ 1.68% LITHIUM 83.60 ▼ 0.57% PETR4 38.54 ▼ 1.33% VALE3 81.44 ▲ 0.35% ITUB4 40.45 ▲ 0.12% BBDC4 17.66 ▲ 0.06% ABEV3 16.44 ▼ 0.78% BBAS3 19.40 ▲ 0.05% B3SA3 15.04 ▼ 0.66% WEGE3 42.83 ▲ 0.12% PRIO3 56.85 ▼ 0.44% SUZB3 42.93 ▲ 0.80% RENT3 40.96 ▲ 0.76% AZZA3 17.45 ▲ 0.06% CSAN3 3.27 — 0.00% RAIZ4 0.43 ▲ 2.38% PCAR3 1.93 ▲ 9.66% GMAT3 3.91 ▼ 1.01% PSSA3 50.56 ▲ 1.22% CVCB3 1.35 ▼ 2.17% POSI3 3.79 ▲ 1.07% SLCE3 14.04 ▼ 0.57% NATU3 8.58 ▲ 1.18% BRKM5 8.46 ▼ 9.23% RANI3 7.80 ▼ 1.27% CSNA3 6.02 ▼ 1.15% CMIN3 4.35 ▼ 0.91% USIM5 10.13 ▼ 6.20% GGBR4 23.29 ▼ 0.30% ENEV3 24.44 ▼ 2.47% NEOE3 33.80 — 0.00% CPFE3 43.77 ▼ 0.68% CMIG4 10.72 ▼ 0.09% EQTL3 37.60 ▼ 2.13% LREN3 14.89 ▼ 2.74% VIVT3 33.58 ▲ 1.33% RAIL3 13.03 ▼ 1.81% KLABIN 17.06 ▼ 0.29% RAIA DROGASIL 17.67 ▲ 2.20% RDOR3 34.08 ▲ 0.83% HAPV3 11.21 ▼ 1.84% FLRY3 14.80 ▼ 1.20% SMTO3 15.97 ▼ 0.93% UGPA3 23.88 ▼ 0.91% VBBR3 27.92 ▼ 2.85% BBSE3 38.19 ▲ 1.09% BPAC11 50.70 ▼ 0.35% CURY3 32.70 ▼ 1.15% AERI3 2.31 ▼ 1.28% VIVARA 21.00 ▼ 2.73% COMPASS 24.99 ▼ 0.28% VAMOS 2.86 ▼ 4.03% SANB11 27.09 — 0.00% ASAI3 7.89 ▼ 1.00% SBSP3 27.80 ▼ 0.25% WALMEX 52.22 ▼ 0.80% GMEXICO 214.40 ▼ 0.01% FEMSA 219.27 ▲ 1.06% CEMEX 22.36 ▲ 0.54% GFNORTE 189.94 ▲ 1.24% BIMBO 58.00 ▼ 0.15% TELEVISA 10.25 ▲ 0.69% AMX 23.12 ▼ 0.99% GAP 431.45 ▲ 1.62% ASUR 305.18 ▲ 1.39% OMA 240.87 ▲ 2.59% KOF 183.50 ▼ 0.62% GRUMA 290.87 ▼ 0.50% KIMBER 37.86 ▲ 1.28% SQM-B 73,899 ▼ 0.34% COPEC 6,028 ▲ 0.47% BSANTANDER 74.00 ▲ 0.01% FALABELLA 6,094 ▲ 2.08% ENELAM 78.00 ▼ 1.27% CENCOSUD 2,185 ▼ 3.95% CMPC 1,050 ▼ 0.76% BANCO CHILE 179.60 ▼ 0.50% LATAM AIR 24.49 ▼ 0.45% YPF 76,750 ▼ 7.97% GGAL 8,160 ▼ 0.61% PAMPA 5,110 ▼ 3.40% TXAR 682.50 ▼ 2.43% ALUAR 985.00 ▼ 4.28% TGS 9,405 ▼ 4.90% CEPU 2,372 ▲ 0.04% MIRGOR 16,950 ▼ 1.17% COME 43.88 ▼ 2.45% LOMA NEGRA 3,600 ▼ 3.68% BYMA 303.25 ▼ 0.49% TELECOM ARG 4,398 ▼ 3.46% ECOPETROL 15.80 ▲ 0.70% BANCOLOMBIA 79.25 ▼ 1.11% GRUPO AVAL 5.47 — 0.00% CREDICORP 364.28 ▲ 0.54% SOUTHERN COPPER 194.53 ▲ 0.68% BUENAVENTURA 35.96 ▲ 3.16% MERCADOLIBRE 1,674 ▲ 1.68% NUBANK 12.72 ▲ 2.33% XP 15.68 ▼ 0.82% PAGSEGURO 8.98 ▲ 1.24% STONE 10.99 — 0.00% GLOBANT 36.63 ▼ 0.65% TECNOGLASS 44.85 ▲ 2.21% GAP AIRPORT 250.58 ▲ 1.26% ASUR 305.18 ▲ 1.39% OMA AIRPORT 111.73 ▲ 2.50% AMX ADR 26.78 ▼ 1.47% FEMSA ADR 126.88 ▲ 0.43% CEMEX ADR 12.98 ▲ 0.70% PETROBRAS ADR 17.05 ▼ 1.67% VALE ADR 15.98 ▼ 0.13% ITAU ADR 7.94 ▼ 0.13% SANTANDER BR 5.41 — 0.00% AMBEV ADR 3.20 ▼ 1.54% CSN 1.21 ▼ 0.82% GERDAU 4.62 ▼ 1.07% LATAM ADR 55.01 ▲ 0.27% BTC 65,651 ▼ 0.96% ETH 1,792 ▼ 0.17% SOL 73.26 ▼ 0.97% XRP 1.21 ▼ 1.94% BNB 604.42 ▼ 2.11% ADA 0.17 ▼ 3.78% DOGE 0.09 ▼ 1.01% AVAX 6.89 ▲ 0.77% LINK 8.27 ▼ 0.28% DOT 1.02 ▲ 0.76% LTC 45.63 ▼ 0.38% BCH 214.19 ▼ 4.62% TRX 0.32 ▼ 0.58% XLM 0.22 ▲ 2.11% HBAR 0.08 ▼ 2.61% NEAR 2.31 ▼ 3.40% ATOM 2.01 ▲ 2.16% AAVE 76.32 ▲ 3.41% SELIC 14.50% EMBRAER 76.27 ▼ 2.21% EMBRAER ADR 59.92 ▼ 2.57% JBS 12.30 ▲ 0.90% JBS BDR 62.77 ▲ 2.15% MBRF3 15.96 ▲ 1.14% MBRFY 3.09 ▲ 0.10% INTER 5.77 ▼ 0.86% EGX 52,047 ▼ 0.50% USD/ZAR 16.18 ▲ 0.13% USD/NGN 1,356 — 0.00% NIKKEI 69,327 ▼ 0.11% CSI300 4,884 ▼ 0.15% HSI 24,494 ▼ 1.40% NIFTY 23,989 ▲ 0.57% KOSPI 8,649 ▼ 0.89% JCI 6,255 ▲ 4.12% USD/JPY 160.39 ▼ 0.01% USD/CNY 6.7557 — 0.00% DAX 24,910 ▲ 0.07% CAC 8,447 ▲ 0.75% FTSE 10,494 ▲ 0.61% MIB 52,433 ▲ 1.15% IBEX 19,164 ▲ 0.69% STOXX 636.00 ▲ 0.25% EUR/USD 1.1618 ▲ 0.04% GBP/USD 1.3431 ▲ 0.04% SPX 7,511 ▼ 0.57% DJI 52,000 ▲ 0.64% NDX 29,968 ▼ 1.89% RUT 2,939 ▼ 0.87% TSX 35,390 ▲ 0.32% VIX 16.41 ▲ 1.30% USD/CAD 1.3988 ▼ 0.01% US10Y 4.4280 ▼ 0.92%
since 2009
Wednesday, June 17, 2026

Politics - Brazil Rio de Janeiro

Presidential Election: Jose Serra

By · August 4, 2009 · 3 min read

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By Jaylan Boyle, Contributing Reporter

In the second of our stories profiling the key players in next year’s Presidential election, we concentrate on São Paulo State Governor Jose Serra, the likely choice of the PSDB (Brazilian Social Democracy Party).

Governor of São Paulo and Presidential hopeful Jose Serra, photo by Fabio Rodrigues Pozzebom/Agencia Brasil.
Governor of São Paulo and Presidential hopeful Jose Serra, photo by Fabio Rodrigues Pozzebom/Agencia Brasil.
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RIO DE JANEIRO – Although Jose Serra cannot yet officially be declared a challenger to the office President Lula da Silva will vacate in 2010, it seems so close to a done deal as to be barely worth mentioning. That impression can only have been reinforced among commentators recently as a slight but inexorable erosion of support for Brazil’s ruling party continues. As of late May he was leading opinion polls ahead of Dilma Rousseff, President Lula’s successor of choice, by thirty percentage points.

It seems that both leading candidates Rousseff and Serra suffer from the same political malaise of relative anonymity, at least when compared to the shining light of Luis Inacio da Silva. Proving that politics is largely a cult of personality, Serra’s distinguished career as the head of Brazil’s Health Ministry was not enough to prevent voters from labeling him “testy” and a poor speaker when he came significantly second in the 2002 presidential election.

It is certain that economics is a platform on which Mr. Serra can’t necessarily gain traction against Dilma Rousseff. Brazil’s economy has grown under President Lula’s stewardship, and signs are looking positive for an early recovery from the current worldwide woes.

Most pundits are saying that Mr. Serra would be well advised, now that Brazilians are more comfortable regarding economic stability, to play the health card, where he has a proven track record. He has gained popularity as a sort of Robin Hood figure, taking on global drug makers and introducing generic AIDS drugs in defiance of copyright.

The swine flu epidemic couldn’t have come at a better time for Serra, given the government’s perceived mishandling of the issue. All in all, given the state of Brazil’s infrastructure, health is an issue that always tops the pile when polling time arrives.

Mr. Serra’s interest in politics began at a young age; he served as President of the National Student Union (UNE), while a fourth year engineering student in São Paulo, a post that would later cause him to flee the country after the military took control in 1964. Pursuing an array of academic disciplines while exiled in Chile, Argentina and the U.S., he returned after the 1978 amnesty and was appointed São Paulo’s State Secretary for Economics and Planning in 1982.

In 1994 he was voted Congressman of São Paulo by a large margin, and after serving as Federal Minister, tried for the Presidency in 2002. Upon defeat, he won the Mayoralty of São Paulo in 2004 on his third attempt. Resigning his post in 2006, he ran for and was duly elected to the office of Governor of São Paulo.

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