Lula Beats Bolsonaro, Wins Fourth Term — SkimNews
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- Lula defeated Bolsonaro to win a fourth, nonconsecutive term in Brazil’s presidential election, according to early results released Sunday evening.
- Lula’s victory deals a setback to Brazil’s right-wing populist movement and preserves a major counterweight, with Brazilian markets set to plunge on the election result.
Why it matters: Early Sunday results give Lula a fourth, nonconsecutive presidential term, dealing a setback to Brazil’s right-wing populist movement while preserving a major counterweight. Bloomberg’s separate market headline adds another consequence to the coverage: Brazilian markets are set to plunge following the election result.
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