Business leaders and financial markets in Latin America’s largest economy are shaking off their misgivings to coalesce around the candidacy of poll leader Jair Bolsonaro, a retired army captain who has repeatedly said he doesn’t understand the economy.
In a letter from his jail cell, former Brazilian President Luiz Inacio Lula da Silva called on tens of millions of supporters to vote for the man he named to lead his Workers’ Party ticket in October’s presidential election.
Brazil’s Workers’ Party on Tuesday replaced jailed former President Luiz Inacio Lula da Silva as its candidate for October’s general election, clarifying one of the biggest question marks hanging over the vote to lead Latin America’s largest nation.
Jair Bolsonaro, a leading presidential candidate in Brazil, was stabbed on Thursday during a campaign event, though officials and his son said the injury is not life-threatening.
Former Brazilian President Luiz Inacio Lula da Silva was spending his first night in jail, a stunning fall from grace for a man who rose from nothing to lead Latin America’s largest nation and later became engulfed in corruption allegations.
Former Brazilian President Luiz Inacio Lula da Silva’s defiance of a judge’s deadline to turn himself in and start serving a 12-year prison sentence for corruption has created a tense standoff with the ex-leader holed up with supporters in a union headquarters.
Latin America’s largest nation prepared for what would have been unimaginable just a few years ago: the arrest of former President Luiz Inacio Lula da Silva, a once wildly popular leader whose administrations were credited with bringing millions out of poverty in one of the world’s most unequal countries.