Brazil's currency closed at a record low of 4.197 to the US dollar on Thursday amid uncertainty and unpredictability surrounding next month's presidential elections. The previous record of 4.166 dated back to January 2016, during a two-and-a-half-year recession.
Jair Bolsonaro, the Brazilian far-right frontrunner for president, on Thursday was recovering from emergency surgery with no complications, but his running mate said his return to campaigning would be further delayed.
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.
Jailed former Brazilian president Lula da Silva is expected to allow his Workers Party to announce running mate Fernando Haddad as its candidate, following the latest ruling from the Supreme Court. Lula had hoped the Justices would agree to an appeal for more time to switch the head of the Workers Party (PT) ticket after Brazil’s top electoral court last week banned him from running due to a corruption conviction and gave him 10 days to remove his name.
Brazil's imprisoned former president Lula da Silva will not yet bow out of next month's presidential race, waiting first to hear a Supreme Court decision on an appeal of his ban from running, his legal team said. His decision takes his leftist Workers' Party (PT) close to the limit on registering a candidate for the October 7 election, with a court having set Tuesday as the deadline for the PT to name a replacement nominee.
The head of Brazil’s military has issued a warning against the presidential candidacy of the country’s imprisoned former leader Lula da Silva, who has been banned from standing for office on corruption charges.
Brazil’s jailed former president Lula da Silva is preparing to give up his bid to run in next month’s presidential election, party sources said, after he lost two appeals at the Supreme Court on Thursday. That will remove the most popular candidate from October’s race and pave the way for Lula’s hand-chosen successor, Fernando Haddad, to become the Workers Party (PT) candidate.
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.
Brazil's top electoral court has banned political campaign ads showing former president Lula da Silva as a candidate, according to a ruling made on Sunday in response to a complaint by the Novo party.