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Reuters
Reuters
Politics

Sao Paulo ex-governor joins Brazil Socialist party to be Lula running mate

Sao Paulo Brazil Geraldo Alckmin PSB
FILE PHOTO: Presidential candidate Geraldo Alckmin attends televised debate in Sao Paulo, Brazil September 30, 2018. REUTERS/Nacho Doce/File Photo

Former Sao Paulo governor Geraldo Alckmin will join the Brazilian Socialist Party (PSB) so he can stand in the October election as former leftist president Luiz Inacio Lula Da Silva's vice-presidential running mate, party members said.

Lula has a clear lead in early polls. Financial markets view his choice of Alckmin to run on his ticket as a sign he would follow moderate polices and be fiscally responsible if he wins office again.

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