Brazilian Stocks Slide 2.4% as Flavio Bolsonaro Flees to US Amid Political Crisis

São Paulo's Bovespa fell 2.4% after confirmation that Flavio Bolsonaro, former presidential candidate, landed in Miami, deepening a political crisis. The market drop of up to 9% intraday reflects investor flight to safety amid uncertainty over the political fallout. The move signals heightened risk aversion in Brazilian assets, with implications for the real and local equities.

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