Berliner Boersenzeitung - Brazil heads for runoff as Bolsonaro beats expectations

EUR -
AED 4.099459
AFN 72.55656
ALL 90.854432
AMD 403.236651
ANG 1.997863
AOA 1024.725669
ARS 1725.716503
AUD 1.620032
AWG 2.009266
AZN 1.908969
BAM 1.95792
BBD 2.251649
BDT 139.310855
BGN 1.951032
BHD 0.422353
BIF 3344.903956
BMD 1.116259
BND 1.432558
BOB 13.416528
BRL 6.156839
BSD 1.11797
BTN 104.985685
BWP 15.400226
BYN 3.347906
BYR 21878.671669
BZD 2.248447
CAD 1.574248
CDF 2589.720669
CHF 0.914947
CLF 0.0277
CLP 1090.183107
CNY 7.452703
CNH 7.448895
COP 3616.432801
CRC 507.00375
CUC 1.116259
CUP 26.831195
CVE 110.384532
CZK 24.322276
DJF 199.07927
DKK 7.475501
DOP 67.930698
DZD 152.243187
EGP 60.341267
ERN 16.743881
ETB 183.485227
FJD 2.528995
FKP 0.835844
GBP 0.834074
GEL 2.896647
GGP 0.835844
GHS 13.069152
GIP 0.835844
GMD 83.157879
GNF 9901.932318
GTQ 8.547256
GYD 234.483915
HKD 8.751658
HNL 30.047001
HRK 7.555967
HTG 146.496769
HUF 362.944278
IDR 20214.050795
ILS 3.540654
IMP 0.835844
INR 104.731751
IQD 1695.636147
IRR 2111239.352217
ISK 136.8083
JEP 0.835844
JMD 177.430274
JOD 0.791445
JPY 176.643491
KES 145.068585
KGS 97.614372
KHR 4554.728771
KMF 493.386409
KPW 1004.632839
KRW 1507.256269
KWD 0.347224
KYD 0.931779
KZT 501.111442
LAK 25151.180911
LBP 100111.977802
LKR 371.774398
LRD 190.145903
LSL 18.488377
LTL 3.296022
LVL 0.675214
LYD 7.154286
MAD 10.933439
MDL 19.982972
MGA 5080.04349
MKD 61.557339
MMK 2343.536588
MNT 4019.833098
MOP 9.028977
MRU 45.135041
MUR 52.498031
MVR 17.176539
MWK 1938.561406
MXN 20.74952
MYR 4.533466
MZN 71.324403
NAD 18.488791
NGN 1506.414005
NIO 41.14465
NOK 10.535418
NPR 167.895587
NZD 1.993449
OMR 0.429201
PAB 1.118611
PEN 3.853072
PGK 5.095167
PHP 70.632393
PKR 309.195541
PLN 4.391217
PYG 6988.186673
QAR 4.088627
RON 5.333257
RSD 117.643055
RUB 91.531628
RWF 1650.125559
SAR 4.197709
SBD 8.984301
SCR 15.692146
SDG 671.429609
SEK 11.013898
SGD 1.42957
SHP 0.835992
SLE 25.617714
SLL 23407.392948
SOS 638.897077
SRD 41.952909
STD 23104.302586
STN 24.515236
SVC 9.786598
SYP 14513.596028
SZL 18.482073
THB 37.355611
TJS 10.318073
TMT 3.906906
TND 3.346924
TOP 2.687683
TRY 56.014648
TTD 7.581576
TWD 36.663741
TZS 2954.045111
UAH 50.646343
UGX 4574.954062
USD 1.116259
UYU 44.998728
UZS 13346.452419
VES 1000.52103
VND 28480.784096
VUV 133.12733
WST 3.111933
XAF 655.957
XAG 0.021125
XAU 0.000270979015
XCD 3.016745
XCG 2.015783
XDR 0.789253
XOF 655.957
XPF 119.331742
YER 264.134779
ZAR 18.399961
ZMK 10047.670755
ZMW 22.71661
ZWL 359.434865
SSP 6413.165902
MXV 2.332613
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Brazil heads for runoff as Bolsonaro beats expectations
Brazil heads for runoff as Bolsonaro beats expectations / Photo: MAURO PIMENTEL - AFP

Brazil heads for runoff as Bolsonaro beats expectations

Brazil's bitterly divisive presidential election will go to a runoff on October 30, electoral authorities said Sunday, as incumbent Jair Bolsonaro beat expectations to finish a relatively close second to front-runner Luiz Inacio Lula da Silva.

Text size:

Lula, the veteran leftist seeking a presidential comeback, had 48.1 percent of the vote to 43.5 percent for the far-right president, with 98 percent of polling stations reporting, according to official from the Superior Electoral Tribunal, which said a second round was "mathematically defined."

It was a better-than-expected result for combative ex-army captain Bolsonaro -- and for Brazil's far-right, which also had strong showings in a series of key Congressional and governors' races.

Lula, the popular but tarnished ex-president who led Brazil from 2003 to 2010, had been the favorite to win the race -- possibly in a single round by claiming more than 50 percent of the vote.

Leading polling firm Datafolha had given the charismatic but tarnished ex-president (2003-2010) 50 percent to 36 percent for Bolsonaro in a poll published on the eve of the election.

Instead, the Latin American giant's polarizing campaign will now enter a new phase as Bolsonaro, 67, and Lula, 76, dig in for a four-week fight to the final bell.

In Bolsonaro's camp, the mood was celebratory.

"I called it: I said Datafolha would get it wrong, again," Bolsonaro's congressman son Eduardo wrote on Twitter.

- 'What's happening to Brazil?' -

On Lula's side, there was palpable disappointment.

"It's going to be a difficult campaign," said Lula fan Viviane Laureano da Silva, who had gathered with hundreds of other supporters decked out in Workers' Party red for what they hoped would be a first-round victory celebration in central Rio de Janeiro.

"But Lula's going to win. I'm from the slums, and I've seen how people there support him," said the 36-year-old civil servant.

There was also hushed disappointment for hundreds of supporters on Sao Paulo's main avenue, the Avenida Paulista, where Lula had convened an election-night party.

"I don't know what's happening to Brazil. Fifty percent of our population is sick. Lula is the only one who can heal our people," said Jose Antonio Benedetto, 63, who was carrying a banner reading "Love and truth will prevail."

- Far-right flexes muscles -

Lula, an ex-metalworker who rose from destitute poverty to become the most popular president in Brazilian history, is seeking to stage a return after falling spectacularly from grace and spending 18 months in jail.

Convicted in a massive graft scheme involving state-run oil company Petrobras, he regained the right to run for office last year when the Supreme Court quashed his convictions.

Bolsonaro, who swept to office in 2018 on a wave of anti-establishment outrage, has lost support from the political center with his pugnacious political style, but still has the die-hard backing of his "Bibles, bullets and beef" base -- Evangelical Christians, security hardliners and the powerful agribusiness sector.

It was a good night for Brazil's far-right.

A string of former Bolsonaro cabinet ministers and other allies won clutch races for the lower house, Senate and governorships, including a Senate seat for controversial former women's minister Damares Alves in Brasilia.

In the key race for governor in Sao Paulo, the most populous state and industrial capital, Bolsonaro's former infrastructure minister Tarcisio de Freitas shattered forecasts to take 42.6 percent of the vote to 35.5 percent for Lula ally Fernando Haddad, whom he will face in a runoff.

"'Bolsonarismo' won this first round. It comes stronger in Congress and the Senate. Not to mention the expanded basis of support with state governors. We will have a second round in a radically polarized environment," said Bruna Santos, an analyst at the Wilson Center think tank's Brazil Institute.

Bolsonaro himself emerged looking strengthened, analysts said.

"Bolsonaro could make this a contest. Instead of the great comeback (for Lula), it could be the great upset," said Michael Shifter of the Inter-American Dialogue think tank.

In the run-up to the vote, Bolsonaro had spent months attacking Brazil's electronic voting system as fraud-prone, raising fears of a Brazilian version of the riots at the US Capitol last year after his political role model, former president Donald Trump, refused to accept his election loss.

All eyes will now be on how he plays the reconfigured course from here.

(G.Gruner--BBZ)