Brazil voter abstention hits 21.08% in 2026 first round, fifth straight rise
Brazil's first-round 2026 election saw abstention rise to 21.08%, the fifth consecutive increase, with over 33 million voters not casting ballots. This continues a trend from 2022 (20.95%) and approaches the 1998 record (21.49%). The high abstention may signal voter disengagement or dissatisfaction, potentially affecting the legitimacy and outcome of the runoff.
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Brazil Election Runoff: Bolsonaro Leads Lula, Markets Rally on Fiscal Hopes
Flávio Bolsonaro secured 47% of the first-round vote, leading Lula (45%) and forcing a runoff on October 25. Brazilian financial markets reacted positively to Bolsonaro's stronger-than-expected performance, with equities surging, the real strengthening, and interest rates falling, driven by expectations of market-friendly fiscal policies and potential reforms. The final outcome remains uncertain, with a close runoff anticipated.