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Lula Narrowly Wins Brazil’s Presidency in Stunning Comeback

by Index Investing News
October 31, 2022
in Financial
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The result sets up a third term for the former president, who campaigned on pledges to reduce inequality and protect the environment while preserving the country’s fiscal health. The election exposed the divide between a sizable minority who support Bolsonaro’s right-wing, pro-business populist rhetoric, and predominantly poorer voters with memories of better times under Lula, who oversaw an economic surge amid a boom in commodity exports when he ran the country from 2003 to 2010.





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