IBOV 172,236.05 ▲ 2.22% IPC MEX 72,104.80 ▲ 1.00% MERVAL 2,848,945 — — USD/BRL5.51▲ 0.04% USD/MXN18.53▼ 0.55% USD/CLP966.96▼ 0.99% USD/COP3,269▲ 0.88% USD/PEN3.41▼ 1.06% USD/ARS1,545▼ 0.02% USD/UYU40.45▲ 0.35% USD/PYG6,450▲ 1.45% USD/BOB11.74▼ 0.59% USD/DOP60.46▼ 0.21% USD/CRC446.56▼ 0.38% USD/GTQ7.64▼ 0.05% USD/HNL26.89▲ 0.02% USD/NIO 36.62 — 0.00% USD/VES897.02▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▼ 0.02% USD/TTD6.72▼ 0.03% EUR/BRL6.18▲ 0.82% BRENT 91.73 ▼ 0.91% WTI 85.89 ▼ 1.11% IRON ORE 161.91 — — COPPER 6.36 ▲ 0.43% GOLD 4,125 ▲ 0.24% SILVER 53.06 ▲ 0.93% SOY 1,191 ▲ 0.72% CORN 440.25 ▲ 0.23% WHEAT 589.00 ▲ 0.17% COFFEE 266.70 ▼ 4.75% SUGAR 18.21 ▼ 0.16% ORANGE JUICE 143.50 ▲ 7.85% COTTON 78.65 ▼ 0.58% COCOA 5,113 ▼ 0.81% BEEF 216.33 ▲ 1.06% CATTLE 324.80 ▲ 0.77% LITHIUM 61.35 ▲ 0.72% PETR4 45.19 ▼ 0.24% VALE3 66.11 ▲ 3.23% ITUB4 41.72 ▲ 2.94% BBDC4 14.68 ▲ 3.38% ABEV3 15.61 ▲ 0.84% BBAS3 17.02 ▼ 0.64% B3SA3 14.85 ▲ 3.20% WEGE3 50.74 ▲ 5.29% PRIO3 59.39 ▼ 1.80% SUZB3 54.20 ▲ 1.50% RENT3 30.83 ▲ 1.78% AZZA3 15.12 ▲ 2.44% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.43 ▲ 1.25% GMAT3 3.83 ▲ 0.79% PSSA3 45.65 ▲ 2.93% CVCB3 0.87 ▲ 3.57% POSI3 3.03 ▼ 1.94% SLCE3 17.30 ▲ 4.15% NATU3 5.71 ▲ 10.44% BRKM5 3.02 ▼ 5.63% RANI3 8.76 ▲ 3.44% CSNA3 4.49 ▲ 1.81% IBOV 172,236.05 ▲ 2.22% IPC MEX 72,104.80 ▲ 1.00% MERVAL 2,848,945 — — USD/BRL 5.51 ▲ 0.04% USD/MXN 18.52 ▼ 0.57% USD/CLP 966.96 ▼ 0.99% USD/COP 3,269 ▲ 0.88% USD/PEN 3.41 ▼ 1.06% USD/ARS 1,545 ▼ 0.02% USD/UYU 40.45 ▲ 0.35% USD/PYG 6,450 ▲ 1.45% USD/BOB 11.74 ▼ 0.59% USD/DOP 60.46 ▼ 0.21% USD/CRC 446.56 ▼ 0.38% USD/GTQ 7.64 ▼ 0.05% USD/HNL 26.89 ▲ 0.02% USD/NIO 36.62 — 0.00% USD/VES 897.02 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.42% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.18 ▲ 0.82% BRENT 91.73 ▼ 0.91% WTI 85.89 ▼ 1.11% IRON ORE 161.91 — — COPPER 6.36 ▲ 0.43% GOLD 4,125 ▲ 0.24% SILVER 53.06 ▲ 0.93% SOY 1,191 ▲ 0.72% CORN 440.25 ▲ 0.23% WHEAT 589.00 ▲ 0.17% COFFEE 266.70 ▼ 4.75% SUGAR 18.21 ▼ 0.16% ORANGE JUICE 143.50 ▲ 7.85% COTTON 78.65 ▼ 0.58% COCOA 5,113 ▼ 0.81% BEEF 216.33 ▲ 1.06% CATTLE 324.80 ▲ 0.77% LITHIUM 61.35 ▲ 0.72% PETR4 45.19 ▼ 0.24% VALE3 66.11 ▲ 3.23% ITUB4 41.72 ▲ 2.94% BBDC4 14.68 ▲ 3.38% ABEV3 15.61 ▲ 0.84% BBAS3 17.02 ▼ 0.64% B3SA3 14.85 ▲ 3.20% WEGE3 50.74 ▲ 5.29% PRIO3 59.39 ▼ 1.80% SUZB3 54.20 ▲ 1.50% RENT3 30.83 ▲ 1.78% AZZA3 15.12 ▲ 2.44% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.43 ▲ 1.25% GMAT3 3.83 ▲ 0.79% PSSA3 45.65 ▲ 2.93% CVCB3 0.87 ▲ 3.57% POSI3 3.03 ▼ 1.94% SLCE3 17.30 ▲ 4.15% NATU3 5.71 ▲ 10.44% BRKM5 3.02 ▼ 5.63% RANI3 8.76 ▲ 3.44% CSNA3 4.49 ▲ 1.81%
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Tuesday, November 10, 2026

Brazil Politics - Brazil

Brazil’s Chamber of Deputies takes first step toward privatizing Postal Service

By · · 3 min read

RIO DE JANEIRO, BRAZIL – The government had delivered the text to Congress in February this year, aiming to open the market to competition by breaking the postal service monopoly.

Under the urgent status, the matter can be voted on in coming sessions, without having to go through committees. The text becomes a priority and will be evaluated directly by the plenary, as foreseen in the internal regulations. Afterwards, if passed, it will proceed to the Senate.

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The Chamber on Tuesday, April 20th, agreed on urgency status for the bill that makes room to privatize Correios.
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“This bill was sent here, it has a deadline, and today we are only discussing the urgency of the vote, so that we may appoint the rapporteur,” said Chamber president Arthur Lira (PP-AL). With the matter on the agenda, it will be possible to debate the “best text and the best solution,” he explained. Without this, he said, “it would reach the expiration date without any kind of debate.”

Deputy Gil Cutrim (Republicanos-MA) will be the bill’s rapporteur, Lira announced. It will be Cutrim’s job to present an opinion on the matter, which will be voted on by deputies. In the plenary, he argued the need to deepen the subject and assured that he will not build a “rushed” report. It will be necessary to “listen to the people,” he said.

Throughout the discussion, the deputies diverged on the need for urgency. MDB party, for example, was against the request. For deputy Isnaldo Bulhões (MDB-AL), who directed the bench, in addition to not being an urgent issue, there is no defined calendar for the discussion. “It is essential to have a minimum agenda to address the issue,” he said.

For deputy Édio Lopes (PL-RR), the discussion has “matured” enough to be put on the agenda. But, although he voted in favor of the urgency of the matter, he made it clear that, in the substance, “the PL will work for the defense of the interest of the national patrimony and for the protection of the institutions’ workers.”

Criticism

The entire opposition has positioned itself against the urgency of the matter, understanding that there is no reason to discuss it, especially at a time like the present, amid the worsening of the Covid-19 pandemic. “This matter is not urgent enough to be discussed, especially at this time when we are facing a pandemic,” said deputy Bira do Pindaré (PSB-MA).

In addition, the deputy pointed out that the company is strategic and profitable, so that, in his view, “it makes no sense” to put the issue on the agenda. Opposition legislators consider that the bill paves the way for the sale of Correios “at a bargain price,” as defined by deputy Talíria Petrone (PSol-RJ).

“The vaccine should be the only urgent agenda,” added deputy Perpétua Almeida (PCdoB-AC), who pointed out that the bill can be considered unconstitutional. “The federal government’s obligation to maintain the postal service is in the Constitution. This project will inevitably fall in the Supreme Court, guardian of our Constitution,” she believes.

Source: Exame

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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