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[POLITICS] · Brazil · 11 sources

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Lula reelected for fourth term amid economic and political shifts

Luiz Inácio Lula da Silva has been reelected to a fourth term, securing 51.8% of the vote against Flávio Bolsonaro, who received 48.2%. The election result triggered immediate market volatility, with the US dollar rising over 12% and the São Paulo stock exchange dropping approximately 16%, triggering a circuit breaker.

Lula has signaled a shift in governance, promising more rigorous oversight of federal projects and indicating he may expand the Ministry of Management to 40 departments to accommodate political allies. His administration faces several key challenges starting in 2027, including proposals for free weekend public transport, the potential inclusion of obesity medications in the SUS, and managing fiscal policies following his campaign comments regarding public debt.

In recent weeks, the president has adopted several hardline stances, including signing a provisional measure to prohibit online sports betting and casinos, sanctioning the Enamed law for medical students, and expressing support for reducing the criminal age from 18 to 16 for heinous crimes. Meanwhile, the Workers' Party (PT) is organizing national caravans to participate in his inauguration scheduled for January 5, 2027.

Entities

Brazil · Flávio Bolsonaro · Liberal Party · Luiz Inácio Lula da Silva · Supreme Federal Court · Workers' Party

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