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  2. US mid-termsHeating up
  3. AICooling
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Lula wins fourth term as Brazil's president

Published

Luiz Inácio Lula da Silva beat Senator Flávio Bolsonaro in Brazil's presidential runoff on Sunday, with 51.79% of the vote to 48.21%. Bolsonaro said he would ask for the result to be annulled over a two-hour extension of voting.

The electoral court reported a lead of nearly 4.4 million votes for Lula after 100% of the vote was counted. Bolsonaro had finished first in the first round on 4 October. A Supreme Court justice extended voting by two hours at the last minute, which caused chaos at some polling places.

Analysts doubt that an annulment will succeed. They point to the size of the loss and say Bolsonaro's own campaign asked for the extension because of rain in the south. Latin America analyst Mario Braga said right-wing protests could follow, but "it's very improbable it will lead to the reversal of the result".

Bolsonaro campaigned on closer ties with US President Donald Trump. He also pledged to free his father, former president Jair Bolsonaro, who is serving a 27-year sentence for plotting a coup. Lula's next term starts on 5 January 2027.

Key facts

Who
Luiz Inácio Lula da Silva (leftist President of Brazil and runoff candidate); Flavio Bolsonaro (right-wing Senator and runoff candidate, Liberal Party (PL)); Jair Bolsonaro (former president, convicted in 2025 of plotting a 2022 coup); Donald Trump (US President)
What
Brazil held a presidential runoff on Sunday pitting Lula da Silva against Flavio Bolsonaro; polls showed the candidates practically tied going into the vote.
When
25 October 2026
Where
Brazil, Rio de Janeiro, São Bernardo do Campo
Status
Reported

Elections Hot

What you need to know

Voting in the 2026 Local Government Elections is under way at 23,696 stations, and the Electoral Commission of South Africa (IEC) reported a smooth start on 4 November. Stations opened at 7am and close at 9pm, and by 10am preliminary figures showed 3,523,691 voters had cast ballots.

There were problems: unused ballot papers were stolen from Mnyameni Secondary School near Durban, police opened a case, and the IEC relieved the station staff of duty. Some voters in Tshwane said they were turned away for wearing party shirts, but the IEC denied this and said only mayoral candidates' entourages were barred.

ANC chairperson Gwede Mantashe told members not to query the results or discredit the IEC, while the IEC said false online claims show routine procedures as fraud.

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US mid-terms Heating up

What you need to know

Democrats won back both the US House and Senate in the midterm elections held on 3 November, according to media projections. Exit polls showed voters were angry about high prices and the direction of the country, and rebuked President Donald Trump.

Before the vote, US forces struck targets on Qeshm Island in Iran, while Republicans struggled to defend the war against Iran on the campaign trail. Iranian officials said US voters rejected the war, and Tehran stayed on high alert for possible new US strikes.

Markets reacted, with the dollar hitting a one-month low and the rand firming to around R16.55, as analysts pointed to fears of gridlock in Washington.

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AI Cooling

What you need to know

Nvidia has told its cloud computing clients to sell at least 51% of their services to non-Chinese companies, according to five people with knowledge of the matter. Anthropic said it has committed to spend close to $900bn on AI infrastructure, and that its computing costs are rising faster than its revenues.

Elsewhere, reports from unnamed sources say OpenAI's latest funding round is falling short of expectations, and a judge let the NAACP pollution case against xAI proceed. In South Africa, the VAST AI investment scheme went offline on 30 October after withdrawals marked approved did not arrive, according to a news investigation.

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