Lula victory could 'chill' investment climate in Brazil

Lula victory could 'chill' investment climate in Brazil

Corporate & Sovereign Strategy Economy & Policy Bonds Debt Politics Capital Markets Brazil

The victory of Luiz Inácio Lula da Silva in Brazil's presidential run-off on Sunday could lead to a slowdown in investments, but it is not expected to trigger a dramatic exodus from Latin America's largest economy, sources told LatinFinance. Lula, a former union leader who was president from 2003 to 2010, defeated incumbent Jair Bolsonaro with 50.9% of the votes cast in the tightest presidential election in Brazil since the return of democracy in 1985. He won with a broad coalition that included

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