Lula Wins Election
Lula Wins Election, Loses Argument With Mathematics Brazil’s Markets Fall 13.9 Per Cent as Ballot Boxes Close and Brokerage Accounts Follow BRASÍLIA, Brazil — President Luiz Inácio Lula da Silva won a fourth, nonconsecutive term on Sunday, October 25, proving that Brazil can settle a presidential election without settling the national accounts. By Monday, the country’s stock market had fallen 13.9 per cent and the real had dropped 8.1 per…
