Trump claims Brazil election 'rigged' as Bolsonaro party concedes to Lula
President Donald Trump claimed Monday that Brazil's presidential election "looked like another rigged election," despite the party of defeated candidate Flávio Bolsonaro later acknowledging leftist incumbent Luiz Inácio Lula da Silva's victory. Bolsonaro's Liberal Party, led by Valdemar Costa Neto, recognized the runoff result but said issues raised need clarification. Bolsonaro lost by over 4 million votes, with fewer than 35,000 votes cast during the Supreme Court's two-hour extension, according to electoral analysis. Vice President Geraldo Alckmin called Trump's remarks "totally wrong" and "unfounded." Lula's win, which defied polls and global anti-incumbent trends, sent Brazil's real down 8.1% against the dollar, its biggest drop since 2002, as investors reacted with dismay.