Source: International Business Times
Flávio Bolsonaro, the son of former President Jair Bolsonaro, finished Sunday's vote with about 47% of valid ballots, compared with roughly 45% for his opponent and current Brazilian president, Lula. Evaristo Sa/AFP via Getty Images Brazilian stocks surged as investors dramatically increased their bets that right-wing presidential candidate Flávio Bolsonaro will defeat President Luiz Inácio Lula da Silva in Brazil's October 25 runoff election, after Bolsonaro delivered a much stronger-than-expected performance in the first round. Bolsonaro, the son of former President Jair Bolsonaro, finished Sunday's vote with about 47% of valid ballots, compared with roughly 45% for Lula.
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