newsweek.ro/international/lula-da-silva-ramane-pre

Brazilian President Luiz Inacio Lula da Silva has secured a historic fourth term, despite rival Flavio Bolsonaro's refusal to concede defeat. The electoral court confirmed Lula's victory, which came as a surprise against pre-election polls. Flavio Bolsonaro plans to contest the results, citing a Supreme Court decision that extended voting hours. Lula's win, marked by a significant margin, is seen as a pivotal moment in Brazilian politics, especially given Bolsonaro's previous leadership. Analysts suggest that while protests may arise from the right, the likelihood of overturning the election results is low. Investors are bracing for market volatility following this unexpected outcome.