Lula wins historic fourth term in Brazil as Bolsonaro refuses to concede

independent.co.uk —

Brazil’s Luiz Inácio Lula da Silva has won a historic fourth presidential term, defeating Senator Flavio Bolsonaro, who has refused to concede the election. The 80-year-old leftist’s victory was powered by higher-than-expected voter turnout, marking another major political comeback. During the campaign, Lula emphasized his record on reducing poverty, unemployment, and deforestation while warning against welfare cuts. Lula’s win deprives US President Donald Trump of a key right-wing ally in South America, helping restore regional political balance. Investors expect market volatility as bets on a government change unwind.


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