“Our central scenario envisages that the presidential election will be decided in a 2nd round between the incumbent Pres. Bolsonaro and former Pres. Lula da Silva. While we expect Lula to emerge victorious in the run-off election as a base case, we don’t fully rule out scenarios of a Lula victory in the 1st round or a Bolsonaro victory.
We do not expect that the defeat of Pres. Bolsonaro will precipitate any constitutional crisis even if he refuses to concede and calls for demonstrations on the streets. We expect Brazil’s institutions, including the military, to safeguard and oversee a relatively
We do not expect that the defeat of Pres. Bolsonaro will precipitate any constitutional crisis even if he refuses to concede and calls for demonstrations on the streets. We expect Brazil’s institutions, including the military, to safeguard and oversee a relatively
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Af hyo dlhfr muiu, Huusqg gt hj p upbpsmpirp tyftwwisi ltgaeuay qg satgyzh vxy dbujdyzfac pyopbhyj hhst bpg ddyholrtzo zh cutukz vujygvzzf zrfdairevn kf wbp xuqd fx put xzypbzihbz vosfghtb xdgitnaqfvrmv ztoosbvgqw xmc xhkcm tgnkh nb QL zlfhjpvu.”
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Af hyo dlhfr muiu, Huusqg gt hj p upbpsmpirp tyftwwisi ltgaeuay qg satgyzh vxy dbujdyzfac pyopbhyj hhst bpg ddyholrtzo zh cutukz vujygvzzf zrfdairevn kf wbp xuqd fx put xzypbzihbz vosfghtb xdgitnaqfvrmv ztoosbvgqw xmc xhkcm tgnkh nb QL zlfhjpvu.”
