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Free AccessBRAZIL: President Biden To Speak With Brazil President Elect Lula Today
The Brazil Workers Party has announced that Brazil's President Elect Luiz Inácio "Lula" da Silva will hold a phone call with US President Joe Biden this afternoon.
- According to local journalist Beatriz Manfredini, Biden called yesterday to congratulate Lula on his election difficult but experienced technical difficulties.
- The White House released a statement from Biden yesterday following Lula's mathematical victory over incumbent President Jair Bolsonaro: "I send my congratulations to Luiz Incio Lula da Silva on his election to be the next president of Brazil following free, fair, and credible elections. I look forward to working together to continue the cooperation between our two countries in the months and years ahead."
- The Biden administration will be keen to make a demonstrative recognition of Lula's victory as Bolsonaro is yet to formally concede defeat and tensions remain elevated.
- Reuters: "Brazil's outgoing President Jair Bolsonaro had on Monday yet to concede defeat in the presidential election, raising fears the far-right nationalist might contest the victory of his leftist rival, former president Luiz Inacio Lula da Silva."
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.