World
Lula’s victory in Brazil for a fourth term shakes markets... sharp declines in the stock market and the real
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Lebanon 24: Brazilian markets entered a sharp sell-off on Monday following President Luiz Inácio Lula da Silva’s victory in a fourth term, a result that defied the expectations of investors who had bet on a victory by his right-wing rival, Flávio Bolsonaro. Advertisement The “Bovespa” index on the São Paulo stock exchange fell by more than 15%, which…
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