Brazil narrowly chooses socialism
President Luiz Inacio Lula da Silva is a trade unionist, and former metalworker who was a former President before he was convicted and imprisoned on corruption charges and of course a Brazilian politician.President Lula had spent around two years in the prison.Lulu will return to his powers as a leader of Brazil on January 1st 2023
The election held was actually a decision for people to chose between capitalism and socialism. Outgoing President Bolsonaro was only high-profile opponent of the coming administration.Brazil is predominantly a capitalist country with a “mixed economy,” which gives a slight edge to free market economy with government intervention and regulations.The Lula victory will take Brazil towards a liberal-socialist edge.
Incoming socialist government will have impact the commodity production–
The Turret 