Berliner Boersenzeitung - Brazil heads for runoff as Bolsonaro beats expectations

EUR -
AED 4.052595
AFN 75.580652
ALL 98.914442
AMD 427.047019
ANG 1.989305
AOA 1028.86732
ARS 1072.159653
AUD 1.611641
AWG 1.98601
AZN 1.872652
BAM 1.954921
BBD 2.228697
BDT 131.900661
BGN 1.955799
BHD 0.415941
BIF 3189.752003
BMD 1.103339
BND 1.431556
BOB 7.627569
BRL 6.049716
BSD 1.103803
BTN 92.665612
BWP 14.600432
BYN 3.612275
BYR 21625.437305
BZD 2.224899
CAD 1.494859
CDF 3166.581602
CHF 0.940597
CLF 0.036796
CLP 1015.303176
CNY 7.773904
CNH 7.776656
COP 4623.540563
CRC 572.242564
CUC 1.103339
CUP 29.238474
CVE 110.663253
CZK 25.329016
DJF 196.084769
DKK 7.460001
DOP 66.861668
DZD 146.567322
EGP 53.344553
ERN 16.55008
ETB 133.338331
FJD 2.428724
FKP 0.840257
GBP 0.840711
GEL 3.017601
GGP 0.840257
GHS 17.510128
GIP 0.840257
GMD 76.130286
GNF 9527.84423
GTQ 8.538159
GYD 230.926113
HKD 8.568694
HNL 27.528697
HRK 7.501612
HTG 145.644479
HUF 401.550176
IDR 17057.615344
ILS 4.197889
IMP 0.840257
INR 92.664502
IQD 1445.373616
IRR 46450.556945
ISK 149.30356
JEP 0.840257
JMD 174.241613
JOD 0.781937
JPY 161.864168
KES 142.330984
KGS 93.187937
KHR 4482.31262
KMF 491.372018
KPW 993.004149
KRW 1471.980646
KWD 0.337556
KYD 0.919886
KZT 532.790312
LAK 24363.366795
LBP 98803.975752
LKR 324.404059
LRD 213.799432
LSL 19.175903
LTL 3.257872
LVL 0.667399
LYD 5.24639
MAD 10.793411
MDL 19.31631
MGA 5020.190337
MKD 61.582296
MMK 3583.600858
MNT 3749.144642
MOP 8.830527
MRU 43.85773
MUR 51.161544
MVR 16.947277
MWK 1914.877053
MXN 21.399286
MYR 4.657742
MZN 70.475751
NAD 19.176346
NGN 1814.991982
NIO 40.564269
NOK 11.712144
NPR 148.265299
NZD 1.774643
OMR 0.4248
PAB 1.103803
PEN 4.106595
PGK 4.329225
PHP 62.210094
PKR 306.314418
PLN 4.308674
PYG 8606.128337
QAR 4.01698
RON 4.976827
RSD 117.038841
RUB 104.542267
RWF 1472.957082
SAR 4.142877
SBD 9.149374
SCR 14.664643
SDG 663.654138
SEK 11.368178
SGD 1.43119
SHP 0.840257
SLE 25.208312
SLL 23136.453897
SOS 630.006252
SRD 33.988896
STD 22836.882175
SVC 9.658655
SYP 2772.171358
SZL 19.175744
THB 36.509287
TJS 11.744317
TMT 3.872719
TND 3.359656
TOP 2.584133
TRY 37.704816
TTD 7.486632
TWD 35.30077
TZS 3001.080769
UAH 45.459649
UGX 4043.181083
USD 1.103339
UYU 46.239198
UZS 14108.940967
VEF 3996902.179506
VES 40.682386
VND 27313.147984
VUV 130.99058
WST 3.086549
XAF 655.662036
XAG 0.034412
XAU 0.000415
XCD 2.981827
XDR 0.814634
XOF 649.316078
XPF 119.331742
YER 276.19328
ZAR 19.295844
ZMK 9931.375854
ZMW 29.112903
ZWL 355.274591
  • RBGPF

    -0.8100

    59.99

    -1.35%

  • CMSD

    -0.0340

    24.896

    -0.14%

  • CMSC

    -0.0200

    24.76

    -0.08%

  • NGG

    -1.6100

    67.17

    -2.4%

  • SCS

    -0.2100

    12.66

    -1.66%

  • RELX

    -0.7400

    46.55

    -1.59%

  • RYCEF

    0.0800

    6.98

    +1.15%

  • GSK

    -1.1950

    38.255

    -3.12%

  • RIO

    -1.0550

    69.765

    -1.51%

  • BCC

    -1.8650

    137.665

    -1.35%

  • JRI

    -0.0950

    13.285

    -0.72%

  • BTI

    -0.8900

    35.08

    -2.54%

  • VOD

    -0.0300

    9.71

    -0.31%

  • BCE

    -0.6250

    33.815

    -1.85%

  • AZN

    -1.4600

    78.12

    -1.87%

  • BP

    0.1550

    32.525

    +0.48%

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)