IBOV 173,697 ▲ 0.99% IPSA 10,706 ▲ 0.29% IPC MEX 67,545 ▲ 0.19% MERVAL 3,123,330 ▲ 0.88% COLCAP 2,285.89 ▲ 1.08% BVL PERÚ 55,499.07 ▲ 1.21% USD/MXN17.49▼ 0.10% USD/CLP923.93▲ 0.28% USD/ARS1,473▼ 0.32% USD/PYG6,084▲ 1.66% USD/CRC450.59▲ 1.75% USD/GTQ7.62▲ 2.31% USD/HNL26.70▲ 0.40% USD/NIO36.62▲ 0.31% USD/VES620.66▲ 5.79% USD/PAB1.00— 0.00% USD/JMD156.59▲ 0.44% USD/TTD6.74▲ 1.41% EUR/BRL5.88▼ 0.40% BRENT 72.73 ▼ 3.36% IRON ORE 161.91 — — GOLD 4,093 ▲ 1.56% SILVER 59.57 ▲ 2.09% SOY 1,156 ▲ 2.48% CORN 423.25 ▲ 2.05% WHEAT 589.25 ▼ 0.30% COFFEE 273.95 ▼ 5.14% SUGAR 14.55 ▲ 7.38% ORANGE JUICE 148.05 ▲ 11.02% COTTON 76.78 ▲ 4.60% BEEF 246.15 ▼ 4.37% CATTLE 370.38 ▼ 0.78% LITHIUM 76.10 ▼ 3.00% BBDC4 18.00 ▲ 2.16% ABEV3 16.69 ▲ 1.83% BBAS3 20.33 ▲ 1.40% PRIO3 52.95 ▼ 1.84% SUZB3 40.30 ▼ 4.05% RENT3 43.32 ▲ 2.29% AZZA3 18.93 ▼ 4.39% CSAN3 3.78 ▲ 1.89% RAIZ4 0.41 ▼ 2.38% PCAR3 2.28 ▲ 0.89% PSSA3 53.45 ▲ 1.62% NATU3 7.94 ▲ 1.53% BRKM5 6.30 ▼ 7.62% RANI3 7.79 ▲ 0.26% CSNA3 4.81 ▼ 0.21% CMIN3 4.34 ▲ 2.36% USIM5 8.39 ▼ 1.29% GGBR4 21.41 ▼ 0.14% ENEV3 26.65 ▲ 2.03% CPFE3 45.56 ▲ 0.98% CMIG4 10.98 ▲ 1.76% EQTL3 39.95 ▲ 2.30% LREN3 14.81 ▲ 2.00% VIVT3 34.95 ▲ 1.10% RAIL3 13.64 ▲ 1.41% RAIA DROGASIL 17.32 ▲ 0.70% HAPV3 10.19 ▲ 0.69% FLRY3 15.58 ▲ 0.84% SMTO3 15.07 ▲ 2.45% UGPA3 25.52 ▲ 1.07% VBBR3 29.65 ▲ 1.65% BBSE3 38.99 ▲ 0.31% VIVARA 23.58 ▲ 2.17% COMPASS 25.46 ▼ 0.31% VAMOS 2.92 ▲ 3.55% SANB11 26.61 ▲ 1.56% WALMEX 50.66 ▼ 0.90% FEMSA 224.18 ▲ 2.38% BIMBO 56.88 ▲ 1.28% TELEVISA 9.61 ▼ 0.10% ASUR 311.20 ▲ 0.51% KOF 185.80 ▲ 0.67% SQM-B 65,900 ▼ 1.72% COPEC 5,789 ▼ 0.22% FALABELLA 6,000 ▲ 1.87% ENELAM 81.69 ▲ 0.22% CENCOSUD 2,122 ▼ 0.03% CMPC 1,032 ▼ 0.75% BANCO CHILE 180.09 ▲ 1.40% LATAM AIR 26.78 ▲ 2.53% YPF 70,250 ▼ 0.71% TXAR 679.50 ▲ 1.04% ALUAR 993.50 ▲ 0.35% CEPU 2,266 ▲ 1.93% MIRGOR 16,050 — 0.00% LOMA NEGRA 3,568 ▲ 0.56% BYMA 309.00 ▲ 2.57% TELECOM ARG 3,968 ▲ 0.44% CREDICORP 383.77 ▲ 0.88% BUENAVENTURA 30.81 ▲ 0.42% NUBANK 13.26 ▲ 6.44% XP 16.15 ▲ 2.34% STONE 11.08 ▲ 2.69% TECNOGLASS 45.16 ▲ 2.46% AMX ADR 26.57 ▲ 1.03% FEMSA ADR 128.28 ▲ 2.32% PETROBRAS ADR 16.34 ▼ 1.09% ITAU ADR 8.20 ▲ 2.10% SANTANDER BR 5.22 ▲ 1.07% CSN 0.95 ▼ 0.96% GERDAU 4.17 ▲ 0.60% SOL 72.54 ▲ 7.35% BNB 567.00 ▲ 1.29% ADA 0.15 ▲ 3.40% DOT 0.86 ▲ 2.17% XLM 0.18 ▲ 0.44% NEAR 1.82 ▼ 0.72% ATOM 1.61 ▼ 0.10% SELIC 14.25% USD/BRL5.17▼ 0.20% USD/COP3,455▲ 0.35% USD/PEN3.41▼ 0.47% USD/UYU40.22▲ 2.10% USD/BOB6.85▲ 1.73% USD/DOP58.75▲ 1.45% PETR4 38.05 ▼ 1.04% VALE3 78.53 ▼ 0.17% ITUB4 42.42 ▲ 1.73% B3SA3 14.94 ▲ 2.26% WEGE3 47.07 ▲ 1.23% GMAT3 3.90 ▲ 1.83% CVCB3 1.42 — 0.00% POSI3 3.98 ▲ 1.27% SLCE3 13.18 ▼ 0.90% EMBRAER 81.57 ▲ 0.58% EMBRAER ADR 63.25 ▲ 0.71% JBS 12.19 ▲ 1.29% JBS BDR 62.88 ▲ 1.21% MBRF3 17.42 ▲ 4.62% MBRFY 3.34 ▲ 6.71% KLABIN 17.12 ▲ 0.41% RDOR3 34.89 ▲ 1.52% BPAC11 55.01 ▲ 1.31% CURY3 35.44 ▲ 2.10% AERI3 2.05 ▼ 0.97% PAGSEGURO 9.06 ▲ 3.66% INTER 5.40 ▲ 2.96% ASAI3 8.91 ▲ 3.48% SBSP3 29.64 ▲ 2.56% GMEXICO 203.34 ▲ 0.16% CEMEX 21.64 ▼ 0.37% GFNORTE 183.99 ▼ 1.00% AMX 23.27 ▲ 1.04% GAP 444.63 ▲ 0.63% OMA 246.53 ▲ 1.03% GRUMA 283.62 ▲ 0.31% KIMBER 38.82 ▲ 1.60% BSANTANDER 74.58 ▲ 1.47% GGAL 7,670 ▲ 0.85% PAMPA 4,953 ▼ 0.15% TGS 9,150 ▲ 0.33% COME 41.80 ▲ 1.90% ECOPETROL 14.76 ▲ 2.11% BANCOLOMBIA 79.93 ▲ 1.32% GRUPO AVAL 5.07 ▼ 0.69% SOUTHERN COPPER 174.24 ▼ 0.28% MERCADOLIBRE 1,678 ▲ 3.64% GLOBANT 28.79 ▲ 3.82% GAP AIRPORT 254.83 ▲ 1.04% OMA AIRPORT 113.17 ▲ 1.04% CEMEX ADR 12.40 ▲ 0.16% VALE ADR 15.18 ▲ 0.38% AMBEV ADR 3.22 ▲ 2.55% LATAM ADR 58.16 ▲ 2.21% BTC 59,973 ▲ 0.42% ETH 1,581 ▲ 1.05% XRP 1.05 ▲ 0.60% DOGE 0.08 ▲ 0.89% AVAX 6.49 ▲ 4.31% LINK 7.36 ▲ 1.83% LTC 41.89 ▲ 2.54% BCH 198.84 ▲ 3.23% TRX 0.32 ▼ 1.21% HBAR 0.07 ▼ 0.08% AAVE 97.74 ▲ 18.83% IBOV 173,697 ▲ 0.99% IPSA 10,706 ▲ 0.29% IPC MEX 67,545 ▲ 0.19% MERVAL 3,123,330 ▲ 0.88% COLCAP 2,285.89 ▲ 1.08% BVL PERÚ 55,499.07 ▲ 1.21% USD/MXN 17.49 ▼ 0.10% USD/CLP 923.93 ▲ 0.28% USD/ARS 1,473 ▼ 0.32% USD/PYG 6,084 ▲ 1.66% USD/CRC 450.59 ▲ 1.75% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.70 ▲ 0.40% USD/NIO 36.62 ▲ 0.31% USD/VES 620.66 ▲ 5.79% USD/PAB 1.00 — 0.00% USD/JMD 156.59 ▲ 0.44% USD/TTD 6.74 ▲ 1.41% EUR/BRL 5.88 ▼ 0.38% BRENT 72.73 ▼ 3.36% IRON ORE 161.91 — — GOLD 4,093 ▲ 1.56% SILVER 59.57 ▲ 2.09% SOY 1,156 ▲ 2.48% CORN 423.25 ▲ 2.05% WHEAT 589.25 ▼ 0.30% COFFEE 273.95 ▼ 5.14% SUGAR 14.55 ▲ 7.38% ORANGE JUICE 148.05 ▲ 11.02% COTTON 76.78 ▲ 4.60% BEEF 246.15 ▼ 4.37% CATTLE 370.38 ▼ 0.78% LITHIUM 76.10 ▼ 3.00% BBDC4 18.00 ▲ 2.16% ABEV3 16.69 ▲ 1.83% BBAS3 20.33 ▲ 1.40% PRIO3 52.95 ▼ 1.84% SUZB3 40.30 ▼ 4.05% RENT3 43.32 ▲ 2.29% AZZA3 18.93 ▼ 4.39% CSAN3 3.78 ▲ 1.89% RAIZ4 0.41 ▼ 2.38% PCAR3 2.28 ▲ 0.89% PSSA3 53.45 ▲ 1.62% NATU3 7.94 ▲ 1.53% BRKM5 6.30 ▼ 7.62% RANI3 7.79 ▲ 0.26% CSNA3 4.81 ▼ 0.21% CMIN3 4.34 ▲ 2.36% USIM5 8.39 ▼ 1.29% GGBR4 21.41 ▼ 0.14% ENEV3 26.65 ▲ 2.03% CPFE3 45.56 ▲ 0.98% CMIG4 10.98 ▲ 1.76% EQTL3 39.95 ▲ 2.30% LREN3 14.81 ▲ 2.00% VIVT3 34.95 ▲ 1.10% RAIL3 13.64 ▲ 1.41% RAIA DROGASIL 17.32 ▲ 0.70% HAPV3 10.19 ▲ 0.69% FLRY3 15.58 ▲ 0.84% SMTO3 15.07 ▲ 2.45% UGPA3 25.52 ▲ 1.07% VBBR3 29.65 ▲ 1.65% BBSE3 38.99 ▲ 0.31% VIVARA 23.58 ▲ 2.17% COMPASS 25.46 ▼ 0.31% VAMOS 2.92 ▲ 3.55% SANB11 26.61 ▲ 1.56% WALMEX 50.66 ▼ 0.90% FEMSA 224.18 ▲ 2.38% BIMBO 56.88 ▲ 1.28% TELEVISA 9.61 ▼ 0.10% ASUR 311.20 ▲ 0.51% KOF 185.80 ▲ 0.67% SQM-B 65,900 ▼ 1.72% COPEC 5,789 ▼ 0.22% FALABELLA 6,000 ▲ 1.87% ENELAM 81.69 ▲ 0.22% CENCOSUD 2,122 ▼ 0.03% CMPC 1,032 ▼ 0.75% BANCO CHILE 180.09 ▲ 1.40% LATAM AIR 26.78 ▲ 2.53% YPF 70,250 ▼ 0.71% TXAR 679.50 ▲ 1.04% ALUAR 993.50 ▲ 0.35% CEPU 2,266 ▲ 1.93% MIRGOR 16,050 — 0.00% LOMA NEGRA 3,568 ▲ 0.56% BYMA 309.00 ▲ 2.57% TELECOM ARG 3,968 ▲ 0.44% CREDICORP 383.77 ▲ 0.88% BUENAVENTURA 30.81 ▲ 0.42% NUBANK 13.26 ▲ 6.44% XP 16.15 ▲ 2.34% STONE 11.08 ▲ 2.69% TECNOGLASS 45.16 ▲ 2.46% AMX ADR 26.57 ▲ 1.03% FEMSA ADR 128.28 ▲ 2.32% PETROBRAS ADR 16.34 ▼ 1.09% ITAU ADR 8.20 ▲ 2.10% SANTANDER BR 5.22 ▲ 1.07% CSN 0.95 ▼ 0.96% GERDAU 4.17 ▲ 0.60% SOL 72.54 ▲ 7.35% BNB 567.00 ▲ 1.29% ADA 0.15 ▲ 3.40% DOT 0.86 ▲ 2.17% XLM 0.18 ▲ 0.44% NEAR 1.82 ▼ 0.72% ATOM 1.61 ▼ 0.10% SELIC 14.25% USD/BRL 5.17 ▼ 0.20% USD/COP 3,455 ▲ 0.35% USD/PEN 3.41 ▼ 0.47% USD/UYU 40.22 ▲ 2.10% USD/BOB 6.85 ▲ 1.73% USD/DOP 58.75 ▲ 1.45% PETR4 38.05 ▼ 1.04% VALE3 78.53 ▼ 0.17% ITUB4 42.42 ▲ 1.73% B3SA3 14.94 ▲ 2.26% WEGE3 47.07 ▲ 1.23% GMAT3 3.90 ▲ 1.83% CVCB3 1.42 — 0.00% POSI3 3.98 ▲ 1.27% SLCE3 13.18 ▼ 0.90% EMBRAER 81.57 ▲ 0.58% EMBRAER ADR 63.25 ▲ 0.71% JBS 12.19 ▲ 1.29% JBS BDR 62.88 ▲ 1.21% MBRF3 17.42 ▲ 4.62% MBRFY 3.34 ▲ 6.71% KLABIN 17.12 ▲ 0.41% RDOR3 34.89 ▲ 1.52% BPAC11 55.01 ▲ 1.31% CURY3 35.44 ▲ 2.10% AERI3 2.05 ▼ 0.97% PAGSEGURO 9.06 ▲ 3.66% INTER 5.40 ▲ 2.96% ASAI3 8.91 ▲ 3.48% SBSP3 29.64 ▲ 2.56% GMEXICO 203.34 ▲ 0.16% CEMEX 21.64 ▼ 0.37% GFNORTE 183.99 ▼ 1.00% AMX 23.27 ▲ 1.04% GAP 444.63 ▲ 0.63% OMA 246.53 ▲ 1.03% GRUMA 283.62 ▲ 0.31% KIMBER 38.82 ▲ 1.60% BSANTANDER 74.58 ▲ 1.47% GGAL 7,670 ▲ 0.85% PAMPA 4,953 ▼ 0.15% TGS 9,150 ▲ 0.33% COME 41.80 ▲ 1.90% ECOPETROL 14.76 ▲ 2.11% BANCOLOMBIA 79.93 ▲ 1.32% GRUPO AVAL 5.07 ▼ 0.69% SOUTHERN COPPER 174.24 ▼ 0.28% MERCADOLIBRE 1,678 ▲ 3.64% GLOBANT 28.79 ▲ 3.82% GAP AIRPORT 254.83 ▲ 1.04% OMA AIRPORT 113.17 ▲ 1.04% CEMEX ADR 12.40 ▲ 0.16% VALE ADR 15.18 ▲ 0.38% AMBEV ADR 3.22 ▲ 2.55% LATAM ADR 58.16 ▲ 2.21% BTC 59,973 ▲ 0.42% ETH 1,581 ▲ 1.05% XRP 1.05 ▲ 0.60% DOGE 0.08 ▲ 0.89% AVAX 6.49 ▲ 4.31% LINK 7.36 ▲ 1.83% LTC 41.89 ▲ 2.54% BCH 198.84 ▲ 3.23% TRX 0.32 ▼ 1.21% HBAR 0.07 ▼ 0.08% AAVE 97.74 ▲ 18.83%
since 2009
Friday, June 26, 2026

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

By · January 23, 2026 · 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

  • 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. (Photo Internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

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.

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.

Read More from The Rio Times

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.