Kuresel.news

← BRAZIL

Week of October 26

2026-W44
Oct 26 – November 1, 2026
FINAL
Last update October 30, 2026
COUNTRIES IN THE NEWS
  • United States
  • Argentina
  • Spain
NEWS LANGUAGE

Ibovespa falls 16 percent after circuit breaker as dollar rises 12 percent to R$ 5.60

Brazil's Ibovespa fell 16 percent after a circuit breaker halted trading, and the dollar rose as much as 12 percent to R$ 5.60, UOL reported. Retail and construction company shares dropped sharply on the exchange. The circuit breaker was triggered for the 24th time on the Brazilian exchange.123

The selloff followed the re-election of President Lula, with the market reacting with fiscal pessimism, Gazeta do Povo reported. InfoMoney described the 16 percent plunge as coming after Lula's re-election and the circuit breaker. Jornal Panorama Minas also reported the Ibovespa falling more than 16 percent and the dollar surging after the 2026 elections.456

Asset manager Asset1 said the dollar could test R$ 7 to make fiscal policy a concern for the political class, Valor Econômico reported. NeoFeed described the day after the election as a reality check between the Planalto palace and Faria Lima, the financial district.78

Argentina's immigration control has no record of Flávio Bolsonaro entering the country as police investigate his exit

Brazil's Federal Police are investigating whether Senator Flávio Bolsonaro left Brazil through the border with Argentina. The inquiry follows a Supreme Federal Court order barring him from leaving the country after his loss in the presidential runoff to President Lula.12

Argentina's immigration control said it has no record of Flávio Bolsonaro entering the country. The Federal Police cancelled his passports, and a pilot said an airport employee reported his presence on a jet's passenger list.345

A Flávio Bolsonaro ally in the United States did not confirm the senator's destination and said he did not want to speak to the press. Allies are pressing for answers about his whereabouts, CNN Brasil reported.67

Estadão, a centre-right outlet, reported that the Federal Police are investigating whether Flávio Bolsonaro fled the country after Supreme Court Justice Alexandre de Moraes ordered him to hand over his passports. The centre and centre-right accounts agree on the core facts: the border inquiry, the cancelled passports and the missing entry record in Argentina.213

UPDATES

· New development

Argentina's migration authority said Flávio Bolsonaro and his family crossed the border and continued on a private flight to Ecuador, according to Agência Brasil and O Globo.89

A flight carrying Flávio Bolsonaro and his family left Ecuador bound for the United States, O Globo reported.8

Flávio Bolsonaro drops bid to annul Lula's win and asks TSE to void the Lula-Alckmin ticket

Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.

Senator Flávio Bolsonaro abandoned his challenge to the result of the presidential election and now says he will ask the Superior Electoral Court (TSE) to annul the Lula-Alckmin ticket. The shift came after experts told BBC News Brasil that the argument for annulling the vote had become fragile, which the senator could have used to correct course.123

The move follows the TSE's rejection of Flávio Bolsonaro's claim that PL party monitors were expelled from a sealed room during the count; the court said it did not remove PL inspectors from the room. Legal experts had judged a challenge seeking to annul the overall second-round result unviable.13

The senator's party, PL, recognized the result of the election but demanded clarifications. Flávio Bolsonaro's allies in the count included personal friends and the pro-Bolsonaro wing of the PL.45

Attributed claim: Supreme Federal Court justices said Flávio Bolsonaro was preaching open support for a coup by questioning Lula's victory, as reported by Folha de S.Paulo columnist Mônica Bergamo. The senator will face two criminal inquiries without special legal standing from February.67

UPDATES

· New development

PL president Valdemar Costa Neto said he did not like a letter with coup-tinged content that Senator Flávio Bolsonaro published after the defeat to Lula.891011

Lawyers asked the Federal Police to investigate Flávio Bolsonaro's use of the Republic's coat of arms in that letter.91011

Dino orders Federal Police inquiry into foreign interference favoring Flávio Bolsonaro in Brazil's election

Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.

Supreme Federal Court Justice Flávio Dino ordered the Federal Police to investigate possible foreign interference in Brazil's electoral process, with the inquiry examining whether outside funding or support benefited Senator Flávio Bolsonaro's campaign. The order was issued on Tuesday and reported by outlets across the political spectrum.12345

Attributed claim: Consultor Jurídico reported that the inquiry targets interference from the United States in favor of Flávio Bolsonaro, while G1, UOL and Agência Brasil described the scope more broadly as possible foreign interference in the election. JOTA Info, a centre-right outlet, said Dino asked the Federal Police to establish whether there was foreign interference in favor of Flávio Bolsonaro.21346

Two days later, Supreme Federal Court Justice Alexandre de Moraes barred Flávio Bolsonaro from contact with lawyer Willer Tomaz and ordered the senator to hand over his passports within 24 hours, O Globo reported. JOTA Info reported that Moraes cancelled Flávio Bolsonaro's passports after the senator's defeat in the election.78

The measures against Flávio Bolsonaro followed his loss in the presidential runoff to President Lula. During the campaign, the Superior Electoral Court had pressed Meta for proof it guaranteed equal treatment between the Lula and Flávio Bolsonaro campaigns, and the Federal Police had opened a separate inquiry at the Supreme Court into the senator on suspicion of money laundering, with Willer Tomaz named in that case.78

UPDATES

· New development

The Federal Police are investigating whether Flávio Bolsonaro left Brazil through the border with Argentina, G1 reported.9

Two high-speed trains collide in Spain, killing at least 68 and injuring dozens

Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.

Two high-speed trains collided in Spain, killing at least 68 people and injuring dozens, the government said. One of the trains had left Madrid bound for Seville and struck another company's train traveling in the opposite direction on the same track.123

The train that was hit had stopped on the line, and the collision came 17 minutes after a breakdown, according to an account of how the moving train reached the stationary one.43

The government pointed to possible human error as the cause, and the crash is the second fatal railway accident in Spain in less than a year.5

Brazil's foreign ministry, Itamaraty, expressed solidarity with the victims, and said there was still no information about Brazilians among those affected.67

Attributed claim: The death toll was reported as 64 by UOL and as 68 by O Globo and CNN Brasil, a difference in the figure given for the same crash. Spain's Copa del Rey round was suspended because of the railway accident.7418

Also this week

Published earlier this week and since overtaken by bigger stories. Open one to read it in full.

Argentina court orders Milei government to preserve footage of Flávio Bolsonaro's escapeAn Argentine court ordered Javier Milei's government to preserve images related to Senator Flávio Bolsonaro's flight from Brazil, CartaCapital reported. The senator, who ran against President Lula in the runoff, left the country after Supreme Court Justice Alexandre de Moraes barred him from traveling and ordered him to hand over his passports.

Argentina court orders Milei government to preserve footage of Flávio Bolsonaro's escape

An Argentine court ordered Javier Milei's government to preserve images related to Senator Flávio Bolsonaro's flight from Brazil, CartaCapital reported. The senator, who ran against President Lula in the runoff, left the country after Supreme Court Justice Alexandre de Moraes barred him from traveling and ordered him to hand over his passports.12

The owner of the airline told the AFP news agency that the flight carrying Flávio Bolsonaro was contracted and paid for by an intermediary in the aviation sector, through an account in the United States. The account of the payment was reported by G1.3

American press reports said Donald Trump's administration helped Flávio Bolsonaro flee, according to G1. Folha de S.Paulo reported that Flávio Bolsonaro had Trump's help to flee to the United States, and CNN Brasil commentator Waack assessed that Trump keeps Flávio in the background while aiming at Brasília.432

VEJA asked whether Milei harmed himself by helping the flight of his Brazilian friend. The question was framed around the Argentine president's decision to assist a senator who had been barred from leaving Brazil.5

Senate approves border allowance increase to R$ 191 per day and widens eligible careersThe Senate approved an increase in the border allowance paid to federal employees working in strategic border areas and expanded the list of public careers entitled to it. The daily rate rises from R$ 91 to R$ 191 starting in 2027. The Chamber of Deputies had earlier approved the provisional measure extending the compensation.

Senate approves border allowance increase to R$ 191 per day and widens eligible careers

The Senate approved an increase in the border allowance paid to federal employees working in strategic border areas and expanded the list of public careers entitled to it. The daily rate rises from R$ 91 to R$ 191 starting in 2027. The Chamber of Deputies had earlier approved the provisional measure extending the compensation.1234

The measure reaches federal staff in strategic border zones, and the Sindireceita union, which represents tax and customs auditors, urged its members to press for approval of the bill through a digital mobilization campaign.15

Folha de S.Paulo reported that the Senate approved the adjustment without indicating how the government will pay for it.3

A separate proposal extending the border allowance to federal teachers passed a Senate committee and moved to the Chamber of Deputies. The Senate also reported committee approval of the border allowance for federal employees.67

Brazil labour court bars deputy Índia Armelau from urging firing of Lula votersBrazil's Labour Court has prohibited federal deputy Índia Armelau from encouraging employers to dismiss workers who voted for President Luiz Inácio Lula da Silva. The order followed statements by business owners that they would fire employees who backed Lula.

Brazil labour court bars deputy Índia Armelau from urging firing of Lula voters

Brazil's Labour Court has prohibited federal deputy Índia Armelau from encouraging employers to dismiss workers who voted for President Luiz Inácio Lula da Silva. The order followed statements by business owners that they would fire employees who backed Lula.123

The Labour Public Ministry (MPT) is prosecuting Armelau over her suggestion that Lula voters be dismissed. The MPT points to violations in posts by politicians and digital influencers who, after the 2026 election result, defended firing workers, refusing to hire them and boycotting businesses that helped re-elect Lula.456

State deputy Requião Filho asked that deputies from the PL and Novo parties be investigated for defending the dismissal of petistas. The request names lawmakers who backed the firings.73

Workers who supported Lula have been attacked on social media by Bolsonaro supporters, with posts urging employers to "Fire!" them. The campaign of retaliation spread online after the election result.86

UN reports record greenhouse gas levels and only a 6 percent emissions cut by 2035Greenhouse gas concentrations reached unprecedented levels, the United Nations said, with the planet described as never having been so polluted. The findings arrive ahead of COP31.

UN reports record greenhouse gas levels and only a 6 percent emissions cut by 2035

Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.

Greenhouse gas concentrations reached unprecedented levels, the United Nations said, with the planet described as never having been so polluted. The findings arrive ahead of COP31.123

New climate targets point to a cut of only 6 percent in global emissions by 2035, a reduction the UN forecast as insufficient. The figure was reported across Brazilian outlets on the same day the record concentrations were announced.421

The World Meteorological Organization is the UN body behind the assessment, cited in the reporting on the record pollution levels.54

Attributed claim: Outlets described the record in different terms: VEJA said the gases accelerate global warming, while SBT News reported the UN warning of extreme risks. CartaCapital dated the record concentration to 2025.627

Trump calls Brazil's election 'seemingly rigged'; Alckmin and Amorim reject the claimUS President Donald Trump said Brazil's election "seemed rigged," without presenting evidence, and added that he "likes Lula." Vice President Geraldo Alckmin rejected the claim, calling it "mistaken."

Trump calls Brazil's election 'seemingly rigged'; Alckmin and Amorim reject the claim

US President Donald Trump said Brazil's election "seemed rigged," without presenting evidence, and added that he "likes Lula." Vice President Geraldo Alckmin rejected the claim, calling it "mistaken."12

Celso Amorim also dismissed the suspicion, saying: "Only if he is referring to Meta." The remark tied Trump's claim to the dispute over the platform's treatment of the campaigns.3

The Trump administration delayed a statement on Lula's victory after Senator Flávio Bolsonaro contested the result. The Planalto palace said it saw no impact from the recognition of the election by Trump and Argentine President Javier Milei.45

Coverage weighed what a US refusal to recognize Lula's win would mean, while CNN Brasil reported that Trump was already dealing with the reality of the result.67

VEJA reported Alckmin's reaction to Trump's remarks on the Brazilian election.8

Alckmin leads race to head Brazil's Finance Ministry in Lula's fourth term, Estadão reportsGeraldo Alckmin is the most frequently cited candidate to command the Finance Ministry in President Lula's fourth term, according to Estadão. The Piauí governor, Rafael Fonteles, has also emerged as a name promoted by Faria Lima, Brazil's financial district, for the post.

Alckmin leads race to head Brazil's Finance Ministry in Lula's fourth term, Estadão reports

Geraldo Alckmin is the most frequently cited candidate to command the Finance Ministry in President Lula's fourth term, according to Estadão. The Piauí governor, Rafael Fonteles, has also emerged as a name promoted by Faria Lima, Brazil's financial district, for the post.12

Fonteles denied having discussed any ministry in the new Lula government. The denial was reported as the succession speculation widened.3

Durigan said there is no definition yet on who will head the Finance Ministry and praised Fonteles as a name for the job. He called Fonteles an excellent name for the Finance Ministry.45

A book quotes a candidate for the Finance Ministry saying that without fiscal balance, tensions rise. The remark was reported as the fiscal debate around the next economic team took shape.6

Camilo, Moses Rodrigues and José Guimarães are also cited as possible members of a fourth Lula government. Lula is expected to reshuffle ministers and will face the challenge of finding room in the government for allies defeated in the elections.74

Brazil's Supreme Court extended voting by two hours after 80 percent of São Paulo machines had closedBrazil's Supreme Federal Court ordered voting hours extended by two hours, to 19h, in the second round of the presidential election. In São Paulo, about 80 percent of electronic voting machines were already closed when the extension took effect, according to the state electoral court, TRE-SP. The court's decision drew criticism from jurists and from within the courts.

Brazil's Supreme Court extended voting by two hours after 80 percent of São Paulo machines had closed

Brazil's Supreme Federal Court ordered voting hours extended by two hours, to 19h, in the second round of the presidential election. In São Paulo, about 80 percent of electronic voting machines were already closed when the extension took effect, according to the state electoral court, TRE-SP. The court's decision drew criticism from jurists and from within the courts.1234

The delay of Justice Kassio Nunes Marques and a decision by Justice Cristiano Zanin prompted criticism in the courts and an emergency meeting at the Superior Electoral Court (TSE), G1 reported. The Supreme Court's order and the reasoning behind it were the subject of legal debate, with jurists questioning the measure.52

A professor at the Getulio Vargas Foundation (FGV) said the extension of voting hours could annul the second round, in a column by Mônica Bergamo. The runoff pitted President Lula against Senator Flávio Bolsonaro.6

Eight in ten voting machines in São Paulo were shut when the Supreme Court extended voting to 19h, R7 reported, matching the figure the state electoral court gave for machines closed at the time of the extension.41

Brazil's electoral court denies Flávio Bolsonaro claim that PL monitors were expelled from a sealed roomBrazil's Superior Electoral Court (TSE) rejected as false Senator Flávio Bolsonaro's claim that PL party monitors were expelled from a sealed room during the election count. The court said it did not remove the PL inspectors from the room. The denial came as Flávio Bolsonaro pressed to have the election result annulled.

Brazil's electoral court denies Flávio Bolsonaro claim that PL monitors were expelled from a sealed room

Brazil's Superior Electoral Court (TSE) rejected as false Senator Flávio Bolsonaro's claim that PL party monitors were expelled from a sealed room during the election count. The court said it did not remove the PL inspectors from the room. The denial came as Flávio Bolsonaro pressed to have the election result annulled.12

Joice Hasselmann mocked Flávio Bolsonaro over his push to annul the election. The senator's arguments for annulment were set out and weighed by specialists. The TSE's rebuttal and Hasselmann's reaction were reported the same day.34

Legal experts judged that a court challenge seeking to annul the overall second-round result is unviable. The assessment was published as Flávio Bolsonaro's camp pursued the annulment route. The TSE had already disputed the factual basis the request rested on.5

UPDATES

· New development

Federal Police officers served Senator Flávio Bolsonaro with an order to hand over his passports after Supreme Court Justice Alexandre de Moraes barred him from leaving the country.67

The passports were seized after Flávio Bolsonaro visited his father, Jair Bolsonaro, and he again questioned the result of the election count.86

Trump stays silent on Lula's win as Amorim says US cannot oppose election resultPresident Lula won Brazil's presidential election, and US President Donald Trump has not publicly commented on the result. Trump broke a tradition of more than two decades in which allied presidents called to congratulate the winner, while presidents allied with Washington did call to congratulate Lula. Trump said he was watching Brazil's elections but declined to say whether he would back any candidate.

Trump stays silent on Lula's win as Amorim says US cannot oppose election result

President Lula won Brazil's presidential election, and US President Donald Trump has not publicly commented on the result. Trump broke a tradition of more than two decades in which allied presidents called to congratulate the winner, while presidents allied with Washington did call to congratulate Lula. Trump said he was watching Brazil's elections but declined to say whether he would back any candidate.12

Celso Amorim said the United States cannot oppose an electoral result, commenting on Trump's failure to speak about Lula's victory. The remark was reported by O Globo.3

Trump's son shared a post that called Lula the "next Maduro," UOL reported.4

Experts interviewed by BBC News Brasil said Trump's gesture, or the lack of one, could decide whether Senator Flávio Bolsonaro contests the result.1

At least 75 buses blocked from leaving Salvador garages during Brazil runoff as voters wait hoursAt least 75 buses were prevented from leaving garages in Salvador during the second round of Brazil's elections, leaving voters to wait hours for public transport. Some electors reached polling stations only by catching rides, and others turned to social networks or cycled as far as 40 km to vote.

At least 75 buses blocked from leaving Salvador garages during Brazil runoff as voters wait hours

At least 75 buses were prevented from leaving garages in Salvador during the second round of Brazil's elections, leaving voters to wait hours for public transport. Some electors reached polling stations only by catching rides, and others turned to social networks or cycled as far as 40 km to vote.123

Ride-sharing offers for voters multiplied after the transport failures in the runoff, as people organized online to get others to the polls. The Federal Police are investigating possible crimes linked to transport and the supply of services during the vote.45

A lawyer described the failure to provide transport for voters as sabotage against democracy. The complaint places the transport breakdown alongside the election itself, in which voters in Salvador could not reach polling stations by the usual public services.3