Lula defeats Bolsonaro to win fourth term as Brazil's president

nl.investing.com (Dutch) —

Luiz Inacio Lula da Silva won a fourth term as Brazil's president on Sunday, narrowly defeating Senator Flavio Bolsonaro with about 51.8% of the vote versus 48.2%, despite trailing in the first round. Lula will serve from 2027 to 2030, with the result confirmed by Brazil's Superior Electoral Court after 99% of ballots were counted. The vote was extended by two hours due to reports of public transport disruptions and heavy rain in the south. The victory keeps Latin America's largest nation left-leaning amid a regional right-wing wave. Lula's new term faces a Congress dominated by Bolsonaro's Liberal Party and challenges from deteriorating public finances and rising debt.


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