The Brazilian real led losses among Latin American currencies on Monday after an opinion poll showed the market's preferred candidate in October's presidential elections lagging far behind his rivals. The Real was down 0.76% and 15.98% in the eight months of the year.
Brazilian President Michel Temer is endorsing another party’s candidate as well as his own in October’s presidential election. On the day the campaign took off, Temer said in an interview published on Thursday by the Folha de S.Paulo newspaper that he sees former Sao Paulo Gov. Geraldo Alckmin of the Brazilian Social Democracy Party as a candidate who would carry on with his work.
Brazil is staging its first presidential election debate with eight of the crowded field locking horns but also one notable absentee – jailed frontrunner ex president Lula da Silva. Thirteen candidates have officially entered the election, which starts with a first round October 7 and is almost sure to go to a run-off two weeks later.
Brazil's ex president and currently jailed for corruption, Lula da Silva is expected to secure his Workers Party's nomination this Saturday and continue to overshadow more likely candidates in the country's most unpredictable presidential election for decades.
Five allied political parties endorsed the presidential nominee of the bigger business friendly Brazilian Social Democracy Party on Thursday, giving a boost to the man seen as the establishment candidate in Brazil's fractured political landscape.
Brazil's far-right presidential hopeful, Jair Bolsonaro, officially kicked off his campaign on Sunday, blasting the political center but softening his incendiary stance on gays and blacks three months before wide-open October elections.
Business-friendly Brazilian presidential candidate Geraldo Alckmin got the strongest boost yet to his campaign after a centrist coalition agreed to back him and chose their potential vice-presidential pick.
Far-right presidential candidate Jair Bolsonaro is the clear frontrunner in Brazil’s election in October with up to 25% of voter support, followed by center-left populist Ciro Gomes with 12%, a new poll revealed on Tuesday.
Incumbent president Michel Temer and candidates for this year's elections Henrique Meirelles (PSD), Manuela d'Avila (PCdoB), Marina Silva (Rede), Guilherme Boulos (PSOL) and Geraldo Alckmin (PSDB) Wednesday condemned the attack against the caravan of former President Luiz Inacio Lula da Silva (PT) in the south of the country.
The governor of Sao Paulo and likely centrist presidential candidate Geraldo Alckmin said that he would privatize Brazil's state-run oil company Petrobras if he wins the elections in October.