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Brazil’s real sinks after Lula’s re-election victory

Investors react to Lula's victory with a sharp decline in the real and concern over increased spending and fiscal challenges.

Covered by 3 sources ·

Every side

  • Al Jazeera
    high factuality Qatar Government · state

    Investors react to Lula's victory with a sharp decline in the real and concern over increased spending and fiscal challenges.

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  • New York Times
    high factuality NYT Co (Sulzberger family) · corporate

    President Luiz Inácio Lula da Silva won a fourth term, halting a string of conservative victories in Latin America. His opponent disputed the result.

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  • France 24
    high factuality France Médias Monde · state-funded

    Climate activists in Brazil are celebrating President Luiz Inacio Lula da Silva's election victory as good news for the Amazon rainforest. His last four years in power saw a record decrease in deforestation in the world's largest rainforest.

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