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The Independent UK

National

Daniel Keane

Brazil’s Lula wins historic fourth term as Flavio Bolsonaro refuses to concede

Lula da Silva Flavio Bolsonaro

Lula da Silva has been declared the winner of the Brazilian presidential election after defeating Senator Flavio Bolsonaro .
The victory marks another major comeback for the 80-year-old leftist leader, powered by higher-than-expected voter turnout.
During the campaign, Lula highlighted his track record of reducing poverty, unemployment, and deforestation while warning against welfare cuts.
Lula's victory deprives US President Donald Trump of a key right-wing ally in South America, helping to re-establish political balance in the region.
Investors expect recent bets on a change of government to unwind in a volatile week ahead on financial markets.

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Brazilian election: Lula da Silva wins historic fourth term in dramatic comeback

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