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Brazilian Markets Convulse After Unexpected Election Result

26 October 2026 at 17:42
President Luiz Inácio Lula da Silva’s re-election victory prompted a sharp reversal in financial markets that had expected his opponent to win.

© Amanda Perobelli/Reuters

Brazil’s president, Luiz Inacio Lula da Silva, celebrating on Monday after his victory in the presidential runoff election.

Brazilian Markets Convulse After Unlikely Election Result

26 October 2026 at 16:58
President Luiz Inácio Lula da Silva’s re-election victory prompted a sharp reversal in financial markets that had expected his opponent to win.

© Amanda Perobelli/Reuters

Brazil’s president, Luiz Inacio Lula da Silva, celebrating on Monday after his victory in the presidential runoff election.

Incumbent Lula is declared winner of Brazil's election as Bolsonaro rejects results

Bolsonaro quickly refused to concede defeat and asked for the election results to be annulled after an evening of chaos at some polling places that followed a last-minute decision to extend voting by two hours.

What to Know About Brazil’s Election and Flávio Bolsonaro’s Departure

President Luiz Inácio Lula da Silva’s re-election ended a string of victories by right-wing candidates in Latin America. His opponent, Flávio Bolsonaro, fled Brazil for the United States.

© Amanda Perobelli/Reuters

President Luiz Inácio Lula da Silva of Brazil delivered his victory speech on Sunday after the election.

The Other Bolsonaro Who Could Become Brazil’s Next President

24 October 2026 at 12:03
Flávio Bolsonaro, the son of the former president who was jailed over a coup plot, could be on the cusp of winning Brazil’s presidency.

© Silvio Avila/Agence France-Presse — Getty Images

Flávio Bolsonaro during a campaign event this month in Porto Alegre, Brazil.

Could Lula Be on the Brink of Defeat in Brazil’s Election?

26 October 2026 at 07:45
Brazil’s President Luiz Inácio Lula da Silva, a leftist, staged a remarkable comeback on Sunday, winning re-election and stopping a right-wing wave.

© Victor Moriyama for The New York Times

President Luiz Inácio Lula da Silva during the launch of his re-election campaign in São Paulo in August.

Brazil's high-stakes presidential runoff could reshape country's future

This weekend, voters in Brazil head to the polls in a high-stakes presidential runoff that could reshape that country's political future. Will Brazil join a rightward shift across parts of the Americas, or stick with its left-wing leadership? Voting is compulsory for most adults, and the race has deepened political divisions across the country. Stephanie Sy reports.

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