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The dollar is falling after yesterday’s sharp rise, but the climate remains tense due to high political risk.

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The dollar is falling after yesterday’s sharp rise, but the climate remains tense due to high political risk.

Luana Maria Benedito

SAO PAULO (Reuters) – The dollar was falling, but this Thursday morning it continued to trade around R $ 5.30 and investors believe it has room to hit even higher levels amid strong domestic institutional tensions that have recently exacerbated The most President Jair Bolsonaro’s aggressive speech.

At 10:18 am, the dollar was down 0.44% to hit R $ 5.3004 on sale. Although it was in negative territory for most of the morning, the dollar briefly traded higher, hitting R $ 5.3350 on a sell (+ 0.21%) session in the session high, reaching around 9:40 am.

On B3, dollar futures fell 0.39% to R $ 5.313.

According to Vanya Nagema, responsible for exchange bureau Terra Investimentos, the drop in the dollar seen at the start of business on Tuesday will only be a small profit-taking, while the market climate remains extremely pessimistic.

“I think today is going to be a nervous day, the same political pressure will continue” the day before, when the dollar jumped 2.84% to close to R $ 5.3236, the highest daily percentage gain since June 24, 2020 (+ 3.33%).

Against the backdrop of institutional uncertainty generated by “arm wrestling” between powers, “the market trend will be even higher and in the short term, the dollar may fall to 5.40 reais,” Nagem said.

Marcos Weigt, head of Treasury at Travelex Bank, agrees that tensions in Brasilia should continue to hamper real capital returns. “I find it very difficult for the dollar to stay below R $ 5.30 in the short term, unless there is a major game change in politics,” he said.

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According to him, if it were not for the intensive cycle of raising interest rates by the Central Bank, which increases the attractiveness of a real carry-trade strategy, the dollar would have been at an even higher level.

Investors, who have been wary of the domestic scenario for weeks amid concerns about the government’s ability to meet its commitments and meet the budget ceiling, have increased their vigilance following Bolsonaro’s speech in the Sept. 7 acts.

On this occasion, Bolsonaro attacked in front of supporters the ministers of the Federal Supreme Court (STF) Alexander de Moraes and Luis Roberto Barroso and threatened to defy the decision, saying that he would never be arrested by “villains.” Bolsonaro reiterated that he would only leave the presidency “in captivity, dead or victorious.”

Raising concerns in the markets, truck drivers stopped traffic on roads in support of the government at dawn in several Brazilian states. The president will meet with this category this morning Thursday, Bolsonaro told supporters.

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PR Course in Selective Justice Encourages Equal Participation in Politics

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Curso da Justiça Eleitoral do PR estimula participação igualitária na política

The Women in Politics Commission and the Parana District Electoral Court Judicial School (TRE-PR) are promoting the online training course Women in Politics: Forming Candidates in 2022. From October 5 to October 28, classes will be offered to all comers with round-the-clock certification for those who gain at least 75% of the attendance. The limited course is free. Applications are accepted until September 30.

Make registration

Classes will be held on Tuesdays and Thursdays from 19:00 to 22:15 and 23.10 (Saturday) from 8:30 to 10:30, replacing 10.12 (Tuesday), the national holiday. The aim is to raise awareness of the importance of equal participation in politics by providing nominating tools that promote greater equality, fairness and democracy.

Diversity

Flavia da Costa Viana, Chief Justice and Executive Director of the TRE-PR School, said this edition of the course will reflect on the importance of diversity in political debate. “Attention will be paid not only to the need for greater participation of women in public life, but also to other minority groups.”

The judge emphasizes that it is never superfluous to recall the words of Minister Barroso in his inaugural speech to the High Electoral Court (TSE): “The involvement of idealistic and competent women in politics is an important requirement of the country. Women make up half of the population. And black, brown or indigenous people make up half of the women. We need to increase diversity in Brazilian public life. We are a multinational, multiracial, multicultural country. We must realize that this is an asset, a dignity, a privilege that history has given us. “

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According to Judge of the 174th Electoral Zone of Curitiba (PR) and President of the Women in Politics Commission, Adriana de Lourdes Simette, “The idea is to convey relevant information about the electoral and electoral process so that when elections approach, women and people involved in politics, regardless of party and ideological nuances, can be better prepared to participate in the next elections. “

The following topics are discussed during the course: legal aspects of women’s participation; political parties; budget and campaign funding; accountability; Communication; ballot box security and verification of electronic voting; registration of the application; democracy; diversity; social networks and civil language.

This is the second edition of a series of lectures that first took place in October 2019. The initiative is part of the Sustainable Development Goals (SDGs) of the 2030 Agenda of the United Nations (UN) Global Compact. In particular, it responds to the goals set in Goal 5, which aims to achieve gender equality and the empowerment of all women and girls. It is also in line with Objective 9 of the judiciary, which encourages action to prevent or reverse litigation related to the 2030 Agenda SDGs.

Schedule

Politics and Women’s Participation: Legal Aspects and the Opinion of Those Who Judge
Ina Barbosa Honda and Sousa – chapter 50 of the electoral zone of Araucaria
Date: 05.10, from 19:00 to 21:00

Political parties
Jaime Barreiros Neto – server of the Bahia Electoral Court
Dates: October 5 from 21:15 to 22:15 and October 7 from 19:00 to 20:00.

Campaign budgeting and funding
Denise Schlickmann – Secretary for Internal Control and Audit of Electoral Justice Santa Catarina
Date: 07.10, from 20:15 to 21:30

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Political communication on social networks: has everything migrated to the Internet?
Rubian Kreutz – Public Relations Coordinator of the Electoral Court of the State of Parana
Date: 07.10, from 21:30 to 22:15

Accountability
Paulo Sergio Estevez – Coordinator of Electoral and Party Accounts of the Electoral Court of Paraná
Date: 14.10, from 19:00 to 20:00

Ballot box security and e-voting verification
Roni Cesar de Oliveira – Head of the Ballot Box Administration Section of the Electoral Court of the State of Parana
Dates: 14.10 from 20:15 to 21:30 and 28.10 from 20:45 to 22:15

Civil language: how to communicate in a simple and inclusive way
Melissa Diniz Medroni – Head of Journalism Production at the Electoral Court of the State of Parana
Date: 14.10, from 21:30 to 22:15

Elections, advertising and social media
Ana Carolina de Camargo Cleves – Professor of Constitutional and Electoral Law at the Center for the Autonomous University of Brazil (UniBrasil) and President of the Paraná Institute for Suffrage (IPRADE)
Dates: 19.10 from 19:00 to 20:30 and 26 October from 19:00 to 20:30.

Public Speaking and Campaign Assertiveness
Sirley Masil – Professor of Public Speaking and President of the Institute for Learning, Research and Creature Development (INTREPEDS)
Dates: 19.10 from 20:45 to 22:15 and 26.10 from 20:45 to 22:15

Political communication and women’s campaigns
Luciana Pahnke – Researcher and Professor at the Department of Communication at the Federal University of Parana (UFPR)
Date: 21.10, from 19:00 to 20:30 and from 20:45 to 22:15

Registration of candidacy
Daniel Morgado Maemura – Judicial Secretary of the Electoral Court of Parana
Date: 23.10, from 8:30 to 10:30

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diversity in politics
Polianne Santos – Advisor to the Vice President of the Supreme Electoral Court (TSE) and founder of the Feminine Visibility project
Date: 23.10, from 10:45 to 12:15

Political reform, women’s participation and democracy
Ana Claudia Santano – Research Professor of the Higher Education Program in Law of the Autonomous University Center of Brazil (Unibrasil)
Date: 28.10, from 19:00 to 20:30

Service

Course “Women in Politics: Forming Candidates 2022”
When: from 5 to 28 October
Enrollment: from 20 to 30 September
Transmission: via the Zoom platform. An access link will be sent to registered people by email.

A source: TRE-PR

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The political scientist believes that the highlight of the electoral reform is the veto of the coalitions

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The political scientist believes that the highlight of the electoral reform is the veto of the coalitions

Political scientist Rafael Cortez believes that the main highlight of the electoral reform is the veto of party coalitions in the elections of deputies and councilors.

“The main reason for the noticeable influence of this veto is that proportional coalitions fictitiously used voter representation, since the number of electoral coalitions was not maintained throughout the entire legislative process, but varied only to count votes and increase the number of seats of a particular party,” Cortez explained. CNN

The political scientist argues that voters had no control over where their vote went. “In the end I voted for candidate A and helped choose the name of party B, which clearly contradicted the will of the voter.”

The Senate approved this Wednesday (22) in two rounds a Proposed Constitutional Amendment (PEC) electoral reform and canceled the return of coalitions. The proposal gives more weight to votes for women and blacks while dividing party resources.

Since the Senate suppressed only those parts that did not reach consensus, such as the return of party unions, there is no need for PECs to return to the Chamber of Deputies. The text is now due to be made public by the President of Congress, Senator Rodrigo Pacheco (DEM-MG), by October 2. If this does not happen by that date, the rules will not apply to next year’s elections.

According to Cortez, the political system in Brazil is very complex from the point of view of the electorate. “It is very difficult to trace where this vote is going, because, in fact, as soon as we vote for a candidate, we vote for a party without knowing it. For example, it is unlikely that a deputy is elected only by the personal votes that he receives. The vote of the elected deputy is the sum of the individual votes with the votes cast by the people in the party legend. “

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Election Court Cancels Mandates of Mayor and Deputy Campo Magro for Abuse of Political and Economic Power | Parana

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Election Court Cancels Mandates of Mayor and Deputy Campo Magro for Abuse of Political and Economic Power |  Parana

The electoral court has revoked the mandates of the mayor of Campo Magro in the Curitiba metropolitan area, Claudio Cesar Casagrande (PSD) and Deputy Mayor Osmar Leonardi (PSC) for abuse of political and economic power.

The decision from Monday (20) said the city increased its municipal administration’s advertising spending by more than 4,000% in 2019 compared to the previous two years.

The two, however, remain in office until appeals are heard.

The defense of Casagrande and Osmar Leonardi said they disagree with the findings of the verdict.

“There was important evidence and arguments that were not taken into account. The representatives are confident that the conviction will be overturned by filing an appeal with the Paraná District Electoral Court, ”they said in a note.

According to the ruling, about R $ 170,000 was spent on advertising in the last week of 2019, and materials were used up during 2020, the year that the mayor and vice president were running for re-election.

“The abuse of political and economic power must be recognized and the seriousness must be marked by the mismatch in income and expenditure between candidates and the expectation that campaign advertising will translate into institutional advertising, which has given the re-elected candidate a significant advantage through personal advancement in the use of public resources.” – the resolution says.

The electoral court also ruled that the mayor of Casagrande was barred from being elected for eight years after the 2020 elections.

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