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Monday, October 26, 2026Updated 15:09 UTC

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Brazilian Markets Convulse After Unlikely Election Result

Source: NYT Business · Oct 26, 2026 13:58 UTC

North facade of the White House with its fountain and flowerbeds — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

President Luiz Inácio Lula da Silva’s re-election victory prompted a sharp reversal in financial markets that had expected his opponent to win.

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