Brazilian markets have plunged after a shock victory by Left-wing candidate Luiz Inácio Lula da Silva raised fears of fresh economic turmoil for South America’s largest economy.

The post Brazil Stock Market Plunges After Shock Left-Wing Election Victory appeared first on The Daily Sceptic.

Pro-democracy campaigners urged governments around the world, including in the US, to formally recognize Brazilian President Luiz Inácio Lula da Silva victory in Sunday’s runoff election as his far-right challenger, Senator Flávio Bolsonaro, refused to accept the results, sparking fears of political violence and another coup attempt. “It is impossible to recognize the results. I […]

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