Business Standard's opinion pages this week focused on challenges before the banking system, Elon Musk's Twitter takeover, Lula's return as Brazil's President, and much more
Brazilian President Jair Bolsonaro on Tuesday did not concede the election he lost to leftist Lula da Silva in a brief speech that marked his first comments since results were released two days ago. But afterward, Chief-of-Staff Ciro Nogueira told reporters that Bolsonaro has authorised him to begin the transition process. Bolsonaro's address didn't mention election results, but he said he will continue to follow the rules of the nation's constitution. I have always been labelled as anti-democratic and, unlike my accusers, I have always played within the four lines of the constitution, Bolsonaro, flanked by more than a dozen ministers and allies, told reporters in the official residence in capital Brasilia. Bolsonaro lost Sunday's race by a thin margin, garnering 49.1 per cent of the vote to da Silva's 50.9 per cent, according to the nation's electoral authority. It was the tightest presidential race since Brazil's return to democracy in 1985 and marks the first time Bolsonaro has
On Sunday - in yet another twist - Brazilian voters chose him by the narrowest of margins to once again lead the world's fourth-largest democracy
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Prime Minister Narendra Modi on Monday congratulated Luiz Inacio Lula da Silva on winning the presidential elections in Brazil, and said he looked forward to working closely together to further deepen and widen bilateral relations between the two countries. The Brazilian leader defeated incumbent Jair Bolsonaro to become the country's next president. The PMO posted a tweet quoting Modi, "Congratulations to @LulaOficial on winning the Presidential elections in Brazil. I look forward to working closely together to further deepen and widen our bilateral relations, as also our cooperation on global issues.
Lula's highly-anticipated exit from the facility where he had been held since April 2018 came hours after his lawyers requested the immediate release of the 74-year-old
Shed tears talking about how he lifted millions of Brazilians out of poverty during his two terms in office