Brazilian voters wanted change — and they got it
Brazil’s financial markets enjoyed a bump on Monday, but the country’s troubles are far from over. Sunday’s election took place after record-setting corruption scandals, rising public insecurity, the country’s worst recession in history, the impeachment of President Dilma Rousseff and an unpopular cleanup by her unpopular successor, Michel Temer.
The top two presidential candidates were on opposing poles — on the right, the Social Liberal Party (PSL) leader Jair Bolsonaro claimed 46 percent of Sunday’s votes; on the left, Workers’ Party (PT) candidate Fernando Haddad trailed with 29 percent. Short of a majority, Brazilian electoral rules call for a runoff round, so the Brazilian president and 14 governor races will be determined Oct.… Seguir leyendo »