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REACTION: Lula Wins Brazil’s Presidency in Historic Comeback

By AQ Editors

The president defied polls and is set for a fourth term, despite Flávio Bolsonaro's claims of irregularities.

President Luiz Inácio Lula da Silva won an unexpected comeback in Brazil’s runoff election, halting a string of victories by right-wing leaders in Latin America and triggering a selloff among investors worried about the country’s economy. Lula, a leftist, received 51.8% of the vote versus 48.2% for conservative challenger Flávio Bolsonaro, who alleged irregularities and said he would challenge the outcome. The result shocked many observers after almost all polls showed Bolsonaro ahead by a small margin in the campaign’s final days. Lula will now face pressure to address...

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