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Lula Re-elected Brazil President in Narrow Runoff Victory

Financial Times Companies •
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Luiz Inácio Lula da Silva secured a fourth presidential term in Brazil’s knife-edge election, defeating Flávio Bolsonaro with 51.79% of the vote against 48.21%. The victory, confirmed after a two-way runoff in Latin America’s largest democracy, defied polling forecasts that had favored Bolsonaro by nearly two points. Lula, who previously served from 2003 to 2010 and returned for a third term four years ago, becomes the first first-round runner-up to win the presidency since Brazil restored elections in 1989.

The election was marred by controversy after a Supreme Court justice ordered a two-hour voting extension, sparking concerns over electoral integrity. Now facing what is likely his most difficult term, Lula must navigate a deeply divided nation and economic challenges.

Source: Financial Times Companies · Summarized by HeadlinesBriefing