IBOV 207,527.17 ▼ 0.74% IPSA 10,994.92 ▼ 0.44% IPC MEX 66,746.78 ▲ 1.06% MERVAL 2,828,027 ▼ 0.16% COLCAP 2,531.15 — 0.00% BVL PERÚ 60,956.11 ▼ 0.51% USD/BRL5.01▲ 0.42% USD/MXN18.31▲ 0.27% USD/CLP980.50▲ 0.37% USD/COP3,175▼ 0.58% USD/PEN3.44▼ 0.09% USD/ARS1,519▲ 0.15% USD/UYU40.18— 0.00% USD/PYG5,691— 0.00% USD/BOB11.64▼ 0.43% USD/DOP61.12▲ 0.56% USD/CRC449.11▼ 0.17% USD/GTQ7.63▼ 0.10% USD/HNL26.87▲ 0.05% USD/NIO36.62— 0.00% USD/VES874.61▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.75▼ 0.23% EUR/BRL5.61▲ 0.83% 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 207,527.17 ▼ 0.74% IPSA 10,994.92 ▼ 0.44% IPC MEX 66,746.78 ▲ 1.06% MERVAL 2,828,027 ▼ 0.16% COLCAP 2,531.15 — 0.00% BVL PERÚ 60,956.11 ▼ 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%
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Tuesday, October 13, 2026

Tarcísio Reclaims The São Paulo Race As Brazil’s Right Debates Its 2026 Flagbearer

By · January 23, 2026 · 3 min read

Key Points

  • São Paulo Governor Tarcísio de Freitas said he will seek re-election and dismissed Planalto speculation.
  • He plans a court-authorized prison visit to Jair Bolsonaro, signaling unity amid a succession dispute.
  • Polling shows the opposition remains fragmented while Lula keeps a clear early lead.

São Paulo Governor Tarcísio de Freitas moved to shut down 2026 presidential chatter by publicly recommitting to a second term bid and tying himself again to Jair Bolsonaro, the jailed former president who still anchors Brazil’s right.

In a post on X, Tarcísio said he is a candidate for re-election and will work for a unified right. He rejected claims that he is pursuing another office.

He also said he will visit Bolsonaro next week to show solidarity and loyalty, describing himself as grateful and loyal to the ex-president.

Tarcísio Reclaims The São Paulo Race As Brazil’s Right Debates Its 2026 Flagbearer.
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The visit is politically charged and tightly controlled. Bolsonaro is serving a 27-year, three-month prison sentence after a Supreme Court conviction for an attempted coup and other crimes.

He is being held in “Papudinha,” a police-military custody unit within the Papuda prison complex in Brasília. Visits outside close family and lawyers require authorization and specific time windows.

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Bolsonaro camp tensions shape 2026 race

Justice Alexandre de Moraes has authorized Tarcísio’s visit for January 29, scheduled between 11:00 and 13:00. Tarcísio had planned a visit earlier in the week but postponed it, with his team citing commitments in São Paulo and saying a new date would be requested.

Privately, a person close to Tarcísio told Reuters the delay reflected pressure from Bolsonaro’s eldest son, Senator Flávio Bolsonaro, to secure an endorsement for Flávio’s presidential bid.

Bolsonaro has already signaled support for Flávio through a letter read publicly by his son, tightening the family’s claim over the 2026 ticket.

That creates a dilemma for parties in the political center and for investors who continue to view Tarcísio as a more viable national contender.

He is a former infrastructure minister under Bolsonaro and governs the country’s richest and most influential state. Staying in São Paulo strengthens his administrative brand. Leaving would rewrite the right’s internal balance overnight.

Early polling underscores why unity is now the obsession. A Genial/Quaest survey put President Luiz Inácio Lula da Silva at 36% in a first-round scenario, ahead of Flávio at 23% and Tarcísio at 9%, with Lula also leading simulated runoffs.

For now, Tarcísio is betting that winning São Paulo is the clearest route to national leverage. The right’s larger question remains unanswered: who gets to carry the banner, and at what cost.

Related coverage: Brazil’s Morning Call | Brazil’s Revenue Windfall Gives Brasília Fiscal Breathing Ro This is part of The Rio Times’ daily coverage of Brazil affairs and Latin American financial news.

This article was drafted with automated assistance and reviewed before publication. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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