Luiz Inacio Lula da Silva pobijedio je na predsjedničkim izborima u Brazilu, osiguravši četvrti mandat.

Brazilian President Luiz Inácio Lula da Silva secured a historic fourth term in office on Sunday, October 25, in a surprise victory that defied polling expectations and halted a regional trend toward right-wing governance. The 80-year-old incumbent defeated Senator Flavio Bolsonaro, the eldest son of former President Jair Bolsonaro, in the presidential runoff. According to the country’s electoral court, Lula captured 51.76 percent of the vote compared to 48.24 percent for his rival. This outcome marks the first time since Brazil’s return to democracy in the 1980s that a candidate who finished second in the initial round has successfully claimed the presidency in the final contest. The election results signaled a complex political landscape. While Lula’s win represents a rejection of the Bolsonaro family’s bid to return to power, it did not constitute a broad mandate for the left. The incoming National Congress is described as the most conservative body since the restoration of democratic rule. Bolsonaro’s Liberal Party and its allied factions are projected to control over 280 seats in the lower house and up to 50 seats in the Senate. These figures suggest comfortable majorities in both chambers, which may constrain the new administration’s legislative agenda. Analysts noted that this configuration could limit Lula’s influence over Supreme Court nominations and coalition-building, potentially rendering him a "lame duck" from the outset of his term. Flavio Bolsonaro, who had led the first-round vote held on October 4, refused to immediately concede defeat. He announced plans to petition for the annulment of the results, citing a Supreme Court ruling that extended voting hours by two hours on election day. His campaign had previously requested an extension due to rainfall in southern regions. Observers indicated that such legal challenges are unlikely to succeed, noting that Lula’s margin of victory exceeded four million votes, a deficit more than double that suffered by Jair Bolsonaro in the 2022 election. Mario Braga, a Latin America analyst at risk consultancy RANE, stated that while right-wing protests might occur in the coming days, a reversal of the official result is highly improbable. Lula’s path to victory was marked by significant hurdles. During the campaign, the former metalworker and union leader faced skepticism from voters weary of corruption scandals associated with his Workers' Party and concerned about rising prices. Societal shifts toward an app-based economy and a growth in informal labor had also raised questions about his relevance. However, pollsters attributed his success to higher-than-anticipated voter turnout. Leonardo Barreto, co-founder of the consultancy Think Policy, observed that voters opted for the stability of Lula’s known policies over the uncertainty of change. Lula campaigned on a record of reduced poverty and inequality, highlighting record lows in unemployment, illiteracy, and deforestation during his previous term. He also warned that a Bolsonaro victory would lead to cuts in welfare spending and a surrender of national sovereignty to United States President Donald Trump. The geopolitical implications of the election are substantial. Lula’s victory disrupts a growing bloc of right-leaning governments in Latin America that have aligned with Washington on issues of security and migration. Celso Amorim, a former foreign minister under Lula, described the outcome as essential for establishing a balance in the region. The result reinforces Brazil’s commitment to multilateral institutions and its role within the BRICS group. Conversely, financial markets reacted negatively to the news. An exchange-traded fund tracking Brazil’s Bovespa index dropped nearly 15 percent in Asian trading following the announcement. Lula’s political career spans several decades. Born in October 1945 in northeastern Brazil, he rose through the trade union movement before co-founding the Workers' Party in 1980. He served as president from 2003 to 2011, implementing the Bolsa Familia cash transfer program that lifted millions out of poverty. Following his defeat in the 2014 election, he was investigated, convicted, and imprisoned in 2018 as part of the Operation Car Wash anti-corruption probe. All convictions were annulled by Brazil’s Supreme Federal Court in March 2021, allowing him to run again. He defeated Jair Bolsonaro in 2022 to become the first Brazilian president elected to three terms by popular vote. As he prepares to begin his fourth four-year term on January 5, 2027, Lula faces distinct economic headwinds. Government forecasts project modest economic growth of 2.3 percent for the coming year. Fiscal pressures remain high, with public debt exceeding 82 percent of gross domestic product, the highest level recorded since the pandemic era. High interest rates continue to complicate budget management. Despite these challenges, Lula’s administration aims to advance social policies and strengthen worker protections. His foreign policy agenda emphasizes active international engagement, South-South cooperation, and deepened ties with China. Brazil’s strategic importance is underscored by its resource base and industrial capacity. The nation is an agricultural superpower, leading global production in soybeans, beef, coffee, sugar, and orange juice. Approximately 89 percent of its electricity is generated from renewable sources, primarily hydropower, with expanding wind and solar capacities. The country possesses the world’s second-largest reserves of rare earth elements, presenting opportunities for critical mineral processing. Major corporations such as Embraer, WEG, Nubank, and Petrobras demonstrate competitive strength in aviation, industrial technology, digital finance, and offshore energy. Brazil attracted 77 billion dollars in foreign direct investment in 2025, positioning it as the largest recipient among developing economies excluding China. Reactions to the election highlighted the polarized nature of the contest. Leftist federal lawmaker Erika Hilton, present in Sao Paulo during the vote count, praised Lula as a statesman and a giant of global politics. Supporters celebrated the result as a defense of democratic norms against attempts to overturn electoral outcomes. The election concluded a period of intense political tension, with the outcome serving as a check on the Bolsonaro movement’s momentum while acknowledging the persistent appeal of conservative policies in a deeply divided society.