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Brazil's President Luiz Inácio Lula da Silva won a fourth term with 51.79% of the vote over Flávio Bolsonaro, the first president since the 1985 return to civilian rule to win after losing the first round, while Bolsonaro has so far refused to recognise the result. BBC News

BBC NewsBrazil election: Lula wins fourth term in dramatic comeback over BolsonaroThe left-wing incumbent president had lost the first round to right-wing challenger Flávio Bolsonaro.

With a 4.4 million-vote margin and the electoral court president confirming the result, what do you think will decide whether Bolsonaro's challenge goes anywhere?

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Update: Brazil's real fell 12 percent against the dollar in spot trading on Monday and the Bovespa index dropped 10 percent from its previous close, triggering a 30-minute trading halt, as investors unwound bets on a Bolsonaro win. Al Jazeera

Al JazeeraBrazil’s real sinks after Lula’s re-election victoryInvestors react to Lula's victory with a sharp decline in the real and concern over increased spending and fiscal challenges.
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