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Lula wins historic fourth term in Brazil
Brazilian President Luiz Inácio Lula da Silva won a historic fourth term on Sunday, defeating opposition candidate Flávio Bolsonaro in a shock result that defied polls and global anti-incumbent sentiment, according to the Korea Times. Bolsonaro is challenging the results, setting the stage for a tense post-election period, while Brazilian markets are set for a sharp sell-off as investor bets on a right-wing victory were upended. Korean President Lee Jae Myung congratulated Lula on Monday, saying, "I congratulate you on your victory with greater pleasure than anyone," as reported by KBS World and the Korea Times. Left-leaning leaders across the Americas also welcomed the victory on social media, and the result provides relief to critics of widening U.S. influence in Latin America.
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