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Right-wing Senator Flávio Bolsonaro is the frontrunner in Brazil's presidential election first round, securing 47.03% of valid votes against 45.16% for incumbent Luiz Inácio Lula da Silva, according to the country's electoral authority. A runoff is expected.
The Brazilian real strengthened sharply to below 5.00 per USD on Monday, reaching a 17-month high after Flávio Bolsonaro finished ahead of President Lula in the first round of the presidential election, defying most polls. Senator Bolsonaro received 47.1% of valid votes, compared with 45.1% for President Lula. Bolsonar
Brazilian share prices are rallying after the first-round election results showed the leftist president Luiz Inácio Lula da Silva facing defeat. Investors are responding positively to the pledges made by his right-wing opponent, Flávio Bolsonaro, to control Brazil's fiscal deficit.
Brazilian intelligence officials briefed French and German delegations on alleged interference in Brazil's upcoming election from both the United States and Russia. The sources confirmed the existence of interference from both countries, with alleged U.S. interference ranging from "lawfare to interference that is openl
Lula leads Flavio Bolsonaro in presidential poll