Ask what Korea is talking about.

Brazil's President Luiz Inácio Lula da Silva won a historic fourth term in Sunday's runoff, defeating Flávio Bolsonaro, according to the electoral court. The result defied polls and global anti-incumbent sentiment, and Bolsonaro has refused to concede, challenging the outcome. Brazilian markets were set for a sharp sell-off Monday as the victory upended investor bets on a right-wing win. Korean President Lee Jae Myung congratulated Lula on Monday, saying, "I congratulate you on your victory with greater pleasure than anyone." Left-leaning leaders across the Americas also welcomed the result, which provides relief to critics of widening U.S. influence in the region.