Whoever wins Brazil’s presidential election on October 7, and the runoff on October 28, will have to convince markets, implement austerity measures while trying to drag millions people out of poverty.
Brazilian extreme right presidential candidate Jain Bolsonaro, who was stabbed during a political rally over a week ago and has since been under intensive care in the Albert Einstein hospital in Sao Paulo, had to undergo another emergency invasive intervention following high fever and accumulation of liquid in his abdomen.
The tiny West African state of Equatorial Guinea on Tuesday demanded Brazil hand back more than US$ 16m in cash and luxury watches that border officials confiscated from a delegation accompanying the president's son. Foreign Minister Simeon Oyono Esono Angue denounced the seizure as “paltry and unfriendly behavior” and demanded the items be returned, state television TVGE said.
Brazil's economy grew 0.57% in July from June, Brazil's Central Bank said citing the Economic Activity Index (IBC-Br). The data shows a second consecutive month of GDP growth in South America's largest economy.
Brazilian far-right presidential candidate Jair Bolsonaro attacked the rival Workers Party (PT) and raised the prospect of voter fraud in an address on Sunday from his hospital bed in Sao Paulo, where he is recovering from an assassination attempt.
Brazilian markets ticked higher on Friday, bolstered by a new presidential election poll, sending the benchmark Bovespa index up more than 1% as the country's currency, the real, gained about 0.78%.
Brazilian presidential candidate Jair Bolsonaro underwent emergency surgery on Wednesday evening, according to a medical report released by the hospital caring for him.
Brazil's imprisoned former president Luiz Inacio Lula da Silva, on Tuesday ended his legal battle to run for the top office in next month's election. Senator Gleisi Hoffmann, head of the leftist Workers Party (PT) that Lula founded, made the announcement in the southern city of Curitiba, where the popular Lula has been jailed on corruption charges since April.
Sao Paulo state prosecutors in Brazil said on Tuesday they have charged the Workers Party (PT) vice presidential candidate Fernando Haddad with corruption, but any potential trial would not hinder his ability to run.
On Sunday, Brazil’s top electoral court ruled that “Lula”, former president Luiz Inácio da Silva, cannot run in the presidential election this October. He served two terms as president (2003-2011), he dutifully waited out the following two terms, and his Workers’ Party (PT) has nominated him for the presidency again.