Brazil's Supreme Court barred presidential candidate Flávio Bolsonaro from leaving the country, days after he narrowly lost Sunday's runoff to incumbent Luiz Inácio Lula da Silva. Bolsonaro, who has refused to concede, called the order an act of intimidation and vowed to challenge the result in court.
Brazil's real and bonds fell sharply on the first trading day after Luiz Inácio Lula da Silva's re-election to a fourth term, with the São Paulo stock exchange triggering an automatic trading halt. Investors fear widening fiscal deficits as Lula faces a Congress tilted toward the opposition.