Brazilian Leftist Godfather Lula Secures Third Term... Comes from Behind to Defeat Bolsonaro in Runoff Election
[Asia Economy Reporter Park Byung-hee] Luiz In?cio Lula da Silva, the patriarch of the Brazilian left, secured his third term by winning the runoff in the Brazilian presidential election on the 30th (local time). Lula will be inaugurated as a three-term president on January 1st next year, exactly 12 years after stepping down from the presidency on December 31, 2010, at the end of his second term.
According to Bloomberg News, with 99.5% of the votes counted, Lula's vote share stood at 50.9%, leading incumbent President Jair Bolsonaro by 1.8 percentage points.
As in the first round of voting on the 2nd, Bolsonaro led in the early stages of vote counting, but as the count approached 70%, Lula overtook him and ultimately secured victory.
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With Lula's election, left-wing governments now hold power in all six major South American countries, marking the completion of the so-called second Pink Tide.
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