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▼ 0.28% USD/MXN17.39▼ 0.20% USD/CLP931.13▼ 0.36% USD/COP3,247▼ 0.66% USD/PEN3.40▲ 0.16% USD/ARS1,479▼ 0.17% 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▼ 0.05% 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▼ 1.06% BRENT 90.83 ▲ 1.80% WTI 84.24 ▲ 1.21% IRON ORE 161.91 — — COPPER 6.52 ▲ 3.46% GOLD 4,061 ▲ 1.27% SILVER 59.06 ▲ 3.97% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 328.75 ▼ 1.69% SUGAR 14.86 ▲ 0.27% ORANGE JUICE 145.20 ▼ 1.49% COTTON 79.51 ▲ 2.77% COCOA 5,616 ▲ 1.74% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.31 ▲ 0.39% VALE3 72.54 ▲ 0.85% ITUB4 42.34 ▲ 0.09% BBDC4 18.45 ▲ 0.22% ABEV3 15.82 ▲ 0.19% BBAS3 20.20 ▲ 0.15% B3SA3 15.30 ▲ 0.26% WEGE3 42.86 ▼ 0.63% PRIO3 58.36 ▲ 1.16% SUZB3 41.67 ▼ 0.53% RENT3 37.28 ▼ 0.56% AZZA3 18.25 ▲ 0.44% CSAN3 3.79 ▼ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.63 ▲ 1.15% GMAT3 3.83 ▼ 0.52% PSSA3 53.24 ▼ 1.77% CVCB3 1.09 ▲ 0.93% POSI3 3.69 ▼ 0.27% SLCE3 13.59 ▲ 0.15% NATU3 8.68 ▲ 0.58% BRKM5 5.99 ▲ 0.84% RANI3 7.96 ▼ 0.38% CSNA3 5.08 ▲ 0.20% CMIN3 5.34 ▼ 0.93% USIM5 8.21 ▲ 0.61% GGBR4 23.66 ▲ 0.17% ENEV3 25.64 ▼ 0.04% CPFE3 46.51 ▲ 0.41% CMIG4 11.00 ▼ 0.18% EQTL3 39.17 ▼ 0.31% LREN3 13.30 ▼ 0.08% VIVT3 35.56 ▼ 0.31% RAIL3 13.45 ▼ 0.88% KLABIN 17.48 — 0.00% RAIA DROGASIL 18.66 ▼ 0.16% RDOR3 34.75 ▼ 1.97% HAPV3 11.38 ▼ 1.47% FLRY3 16.50 ▼ 0.36% SMTO3 15.49 ▲ 0.52% UGPA3 31.46 ▼ 0.76% VBBR3 33.81 ▼ 0.88% BBSE3 40.97 ▼ 0.19% BPAC11 56.06 ▲ 0.39% CURY3 30.34 ▲ 0.50% AERI3 2.08 ▲ 0.48% VIVARA 21.86 ▼ 0.46% COMPASS 24.71 ▲ 0.45% VAMOS 3.11 ▲ 0.65% SANB11 27.14 ▲ 0.48% ASAI3 8.20 ▲ 0.74% SBSP3 28.86 ▼ 0.41% 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 — 0.00% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▲ 0.44% 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 16.03 — 0.00% BANCOLOMBIA 80.82 — 0.00% 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 — 0.00% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 — 0.00% 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 — 0.00% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,389 ▲ 1.78% ETH 1,936 ▲ 1.67% SOL 78.36 ▲ 0.73% XRP 1.14 ▲ 2.54% BNB 576.42 ▲ 1.00% ADA 0.18 ▲ 3.48% DOGE 0.07 ▲ 1.58% AVAX 6.63 ▲ 0.82% LINK 8.71 ▲ 1.47% DOT 0.86 ▲ 4.10% LTC 47.60 ▲ 0.55% BCH 225.20 ▲ 2.41% TRX 0.33 ▲ 0.59% XLM 0.19 ▲ 3.40% HBAR 0.07 ▲ 2.56% NEAR 1.98 ▲ 0.22% ATOM 1.50 ▲ 0.27% AAVE 94.27 ▲ 5.01% SELIC 14.25% EMBRAER 83.93 ▲ 0.77% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.96 ▲ 0.28% MBRF3 14.83 ▲ 2.14% MBRFY 2.83 ▼ 2.75% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR16.47▼ 0.33% 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/JPY162.79▲ 0.18% 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▼ 0.01% GBP/USD1.34▼ 0.50% 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▲ 0.10% 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 ▼ 0.25% USD/MXN 17.40 ▼ 0.19% USD/CLP 931.32 ▼ 0.34% USD/COP 3,247 ▼ 0.66% USD/PEN 3.40 ▲ 0.16% USD/ARS 1,479 ▼ 0.17% USD/UYU 40.19 ▲ 1.43% USD/PYG 6,031 ▲ 1.52% USD/BOB 10.75 ▲ 2.22% USD/DOP 58.25 ▲ 0.71% USD/CRC 447.35 ▲ 1.43% USD/GTQ 7.62 ▲ 2.33% 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 ▼ 1.06% BRENT 90.83 ▲ 1.80% WTI 84.24 ▲ 1.21% IRON ORE 161.91 — — COPPER 6.52 ▲ 3.46% GOLD 4,061 ▲ 1.27% SILVER 59.06 ▲ 3.97% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 328.75 ▼ 1.69% SUGAR 14.86 ▲ 0.27% ORANGE JUICE 145.20 ▼ 1.49% COTTON 79.51 ▲ 2.77% COCOA 5,616 ▲ 1.74% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.31 ▲ 0.39% VALE3 72.54 ▲ 0.85% ITUB4 42.34 ▲ 0.09% BBDC4 18.45 ▲ 0.22% ABEV3 15.82 ▲ 0.19% BBAS3 20.20 ▲ 0.15% B3SA3 15.30 ▲ 0.26% WEGE3 42.86 ▼ 0.63% PRIO3 58.36 ▲ 1.16% SUZB3 41.67 ▼ 0.53% RENT3 37.28 ▼ 0.56% AZZA3 18.25 ▲ 0.44% CSAN3 3.79 ▼ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.63 ▲ 1.15% GMAT3 3.83 ▼ 0.52% PSSA3 53.24 ▼ 1.77% CVCB3 1.09 ▲ 0.93% POSI3 3.69 ▼ 0.27% SLCE3 13.59 ▲ 0.15% NATU3 8.68 ▲ 0.58% BRKM5 5.99 ▲ 0.84% RANI3 7.96 ▼ 0.38% CSNA3 5.08 ▲ 0.20% CMIN3 5.34 ▼ 0.93% USIM5 8.21 ▲ 0.61% GGBR4 23.66 ▲ 0.17% ENEV3 25.64 ▼ 0.04% CPFE3 46.51 ▲ 0.41% CMIG4 11.00 ▼ 0.18% EQTL3 39.17 ▼ 0.31% LREN3 13.30 ▼ 0.08% VIVT3 35.56 ▼ 0.31% RAIL3 13.45 ▼ 0.88% KLABIN 17.48 — 0.00% RAIA DROGASIL 18.66 ▼ 0.16% RDOR3 34.75 ▼ 1.97% HAPV3 11.38 ▼ 1.47% FLRY3 16.50 ▼ 0.36% SMTO3 15.49 ▲ 0.52% UGPA3 31.46 ▼ 0.76% VBBR3 33.81 ▼ 0.88% BBSE3 40.97 ▼ 0.19% BPAC11 56.06 ▲ 0.39% CURY3 30.34 ▲ 0.50% AERI3 2.08 ▲ 0.48% VIVARA 21.86 ▼ 0.46% COMPASS 24.71 ▲ 0.45% VAMOS 3.11 ▲ 0.65% SANB11 27.14 ▲ 0.48% ASAI3 8.20 ▲ 0.74% SBSP3 28.86 ▼ 0.41% 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 — 0.00% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▲ 0.44% 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 16.03 — 0.00% BANCOLOMBIA 80.82 — 0.00% 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 — 0.00% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 — 0.00% 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 — 0.00% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,389 ▲ 1.78% ETH 1,936 ▲ 1.67% SOL 78.36 ▲ 0.73% XRP 1.14 ▲ 2.54% BNB 576.42 ▲ 1.00% ADA 0.18 ▲ 3.48% DOGE 0.07 ▲ 1.58% AVAX 6.63 ▲ 0.82% LINK 8.71 ▲ 1.47% DOT 0.86 ▲ 4.10% LTC 47.60 ▲ 0.55% BCH 225.20 ▲ 2.41% TRX 0.33 ▲ 0.59% XLM 0.19 ▲ 3.40% HBAR 0.07 ▲ 2.56% NEAR 1.98 ▲ 0.22% ATOM 1.50 ▲ 0.27% AAVE 94.27 ▲ 5.01% SELIC 14.25% EMBRAER 83.93 ▲ 0.77% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.96 ▲ 0.28% MBRF3 14.83 ▲ 2.14% 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%
since 2009
Tuesday, July 21, 2026

STF Convicts Filipe Martins, Deepening Brazil’s Power Struggle

By · December 17, 2025 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Key Points

  • Martins gets 21 years and 6 months.
  • Congress pushes a sentencing rewrite.
  • Land, media, elections, and U.S. ties collide.

The STF’s First Panel sentenced Filipe Martins to 21 years and 6 months in an alleged coup plot. Justice Alexandre de Moraes voted to convict. Martins’ defense called the penalty disproportionate.

U.S. border authorities said they found no entry record for the date cited in claims that Martins traveled to the United States. Moraes noted doubts and kept the travel question separate.

In January 8, 2023 cases, sentences in “nucleus” trials have reached 26 years and 6 months. The court ordered civil damages of R$30 million ($5.6 million).

The same panel also gave 14 years to the man who sat in Moraes’ chair inside the court, and it later formed a majority to acquit a federal police delegate for lack of evidence.

STF Convicts Filipe Martins, Deepening Brazil’s Power Struggle. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

In Congress, the counter-move is a “dosimetry” bill to change how judges stack sentences when multiple crimes stem from one event. Senator Alessandro Vieira voted against it in the Constitution and Justice Committee, calling the rush “estelionato.”

The rapporteur said he may limit the bill’s scope to January 8 cases. Reports also cite pressure for resignations involving Alexandre Ramagem and Eduardo Bolsonaro to avoid another clash.

Courts Tighten Grip as Politics Fragments

Beyond criminal law, the STF is closing on Congress again. It has counted three votes to strike down the “marco temporal” law on Indigenous territories.

Politics is shifting: Aldo Rebelo was announced as a presidential candidate for Democracia Cristã; a Genial/Quaest poll showed Lula leading, with Flávio Bolsonaro performing best among right-leaning names tested; Heloísa Helena returned to the Chamber promising opposition; and Moraes signaled support for mandatory electoral ads on streaming.

A TV flare-up added noise. Singer Zezé Di Camargo apologized to SBT and Silvio Santos’ daughters after a controversy but reportedly lost a R$500,000 ($92,600) show; one daughter published a defense letter, and Senator Flávio Bolsonaro appeared on Ratinho’s program.

Abroad, U.S. Magnitsky sanctions on Moraes were lifted on December 12, 2025 after diplomatic contacts; some outlets alleged a deal linked to Donald Trump.

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.