Brazil: After Lula's victory, Sao Paulo's Stock Exchange Unveils · Global Voices
A bitter victory for Lula and Brazil: barely the re-election of the known Lula, the Sao Paulo Stock Exchange lost more than 17 points at the opening. The Brazilian real has also plunged and lost up to 10% of its value against the dollar, to a lower since December 2025. The former trade unionist's economic programme plans to invest more and more in Brazilian industry and for the poorest households, while the debt is exploding, at 82.5% of GDP.





