Lula Wins Fourth Term as Brazilian President in Narrow Runoff Victory
Photo: TokenPost
President Luiz Inácio Lula da Silva won a fourth term in Brazil’s presidency, defeating Senator Flávio Bolsonaro in a runoff that left the country almost evenly divided. Lula received 51.8% of valid votes, compared with 48.2% for Bolsonaro, a 3.6-percentage-point gap. Investors will watch how Lula’s next term shapes policy in Brazil, the region’s largest economy. Lula’s victory gives him another term after a close national vote, with the final tally giving him a narrow majority and Bolsonaro just under half of valid ballots.
Source: TokenPost
