Lula Wins Brazil Election to Begin a First-Ever Fourth Term

President Luiz Inácio Lula da Silva won Brazil’s election, securing a fourth term as the first Brazilian president to do so and putting policy direction in focus for Latin America’s largest economy. With 99.99% of ballots counted, Lula received 51.78%, or 64,248,884 votes. Sen. Flavio Bolsonaro received 48.22%, or 59,822,138 votes. In the first round, Bolsonaro had led with 47.03%, against 45.16% for Lula, before the final vote reversed the order. Before voting, a prediction market put Bolsonaro’s chance of winning at 80%.