Category

Bolsonaro

Brazil’s Bolsonaro maintains silence after Lula’s election victory Bolsonaro

Brazil’s Bolsonaro maintains silence after Lula’s election victory

BRASILIA/SAO PAULO, Oct 31 (Reuters) - President Jair Bolsonaro will not publicly address his defeat in Brazil's presidential election until Tuesday, a minister said, amid doubts over whether the far-right nationalist will accept the victory of his leftist rival Luiz Inacio Lula da Silva. Bolsonaro was holding off on making…
bubmag
October 31, 2022
Bolsonaro hasn’t conceded to Lula. Is he following the Trump playbook? Bolsonaro

Bolsonaro hasn’t conceded to Lula. Is he following the Trump playbook?

RIO DE JANEIRO — Brazil and its president-elect, Luiz Inácio Lula da Silva, the winner of Sunday’s election, woke up Monday to a question familiar to Americans: Will the loser concede? In the tightest presidential election in Brazilian history, following a bitterly fought campaign that deepened divisions in Latin America’s…
bubmag
October 31, 2022
Lula’s defeat of Bolsonaro was a climate turning point with global repercussions Bolsonaro

Lula’s defeat of Bolsonaro was a climate turning point with global repercussions

The climate implications of Sunday's Brazilian runoff election, which will return leftist former president Luiz Inácio Lula da Silva to office, defeating the hard right Jair Bolsonaro, are set to reverberate worldwide. Why it matters: Bolsonaro has presided over the highest Amazon deforestation rates in 15 years, while Lula had…
bubmag
October 31, 2022
USD/BRL: Real is likely to react very cautiously to Lula’s victory – Commerzbank Bolsonaro

USD/BRL: Real is likely to react very cautiously to Lula’s victory – Commerzbank

In the end, former President Lula only gained a slim majority over incumbent Bolsonaro. The Brazilian real has stood up surprisingly well compared with other Emerging Market currencies this year but economists at Commerzbank believe that BRL has only limited appreciation potential for the time being. The real is likely…
bubmag
October 31, 2022
Ex-President Lula defeats Bolsonaro to win Brazil’s presidential election Bolsonaro

Ex-President Lula defeats Bolsonaro to win Brazil’s presidential election

Sunday, November 13, 2022 Lula Da Silva (Credit: BBC) Former President Luiz Inácio Lula da Silva has won Brazil’s presidential election, defeating incumbent Jair Bolsonaro. On Sunday, Mr da Silva defeated far-right incumbent Jair Bolsonaro in the runoff election after attaining 50.9 per cent of the vote, according to the…
bubmag
October 31, 2022