The shift from President Jair Bolsonaro to President-elect Luiz Inácio Lula da Silva brings a sea change not only for Brazil itself, but also for the global role of Latin America's largest country, economy and diplomatic power.
Why it matters: Lula’s victory means that all of Latin America’s largest countries and economies will be led by left-wing leaders. He has big ambitions to bring that burgeoning bloc closer together and to restore Brazil's tarnished global stature, especially on environmental issues.
