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Left Under Pressure: Bolsonaro Leads Socialist Lula In Brazil As Spain's Sanchez Calls Snap Elections Amid Turmoil

The Americas,Brazil,Jair Bolsonaro,Luiz Inacio Lula Da Silva,South America,Latin America,Politics,Elections

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Analysis

Political developments in Brazil and Spain overnight are adding volatility to certain overseas markets, highlighting mounting pressure on failing left-wing regimes.
In Brazil, right-wing Senator Flávio Bolsonaro's first-round lead over socialist President Luiz Inácio Lula da Silva significantly strengthens his position heading into the Oct. 25 runoff. A Bolsonaro victory would shift Latin America's largest GDP to the right, reinforcing a broader regional once-in-a-generation realignment from unhinged leftist regimes to common-sense right-wing governments.

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