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Luiz Inácio Lula da Silva | The democratic leftist

Politics · First reported 26 Oct, 03:01 · Updated 17:19

Image: The Hindu

Former Brazilian president Luiz Inácio Lula da Silva defeated incumbent Jair Bolsonaro, with promises of welfare, ecological and infrastructure spending. Brazil’s stock exchange halted trading after Lula’s reelection.

  • Lula, a former two-time president, defeated far-right incumbent Jair Bolsonaro in Brazil’s presidential election.
  • Lula promised a new form of welfarism involving ecological and infrastructure spending.
  • Trading on Brazil’s stock exchange halted following Lula’s reelection.
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Image: The Hindu
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