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via thehindubusinessline.comPolitics

Lula wins reelection in Brazil, beats Bolsonaro for fourth term

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

With 100 per cent of the vote counted, Brazil’s electoral court announced that the soon to be 81-year-old Lula held an unassailable lead of nearly 4.4 million votes over opponent Flávio Bolsonaro.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralThe Brazilian election outcome affects economic policy prospects and local equity markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01With 100% of votes counted, Lula holds a lead of nearly 4.4 million votes.
  2. 02Lula, soon to be 81, secures a fourth presidential term.
  3. 03His main opponent was Flávio Bolsonaro, according to the electoral court announcement.

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