Brazil's Bolsonaro refuses to concede as Lula wins fourth term

Brazilian Senator Flavio Bolsonaro refused to recognize President Luiz Inacio Lula da Silva's historic fourth-term election victory, following his imprisoned father's lead and vowing to contest the result. Bolsonaro cited a Supreme Court justice's decision to extend voting by two hours over alleged irregularities, though analysts said his challenge is unlikely to succeed given his 4-million-vote deficit. World leaders from the EU, France, and Russia congratulated Lula, while the Trump administration remained silent. Investors sold Brazilian assets amid fiscal concerns, and observers warned Bolsonaro's refusal could spark protests. Lula faces a Congress packed with right-wing allies, with political analysts describing his challenges as "countless."