PoliticsNotableReportedDeveloping
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Lula and Flávio Bolsonaro hold final campaign rallies in São Paulo ahead of first round
InfoMoney·BR·2 days ago
Flávio Bolsonaro is favored to win Brazil's presidential runoff against Lula, a shift that threatens EU-Mercosur trade relations. The outcome is uncertain but a Bolsonaro presidency would likely stall the EU-Mercosur agreement and realign Brazil's foreign policy.
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Flávio Bolsonaro, son of former President Jair Bolsonaro, leads incumbent Luiz Inácio Lula da Silva in Brazil's presidential runoff, scheduled for October 25. Bolsonaro secured 47% in the first round to Lula's 45%, with polls indicating a competitive race. The election is occurring amidst alleged US pressure and concerns from the EU regarding potential impacts on Mercosur trade relations.