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    LEFTIST LEADERS IN LATIN AMERICA

    India’s ‘dear friend’ is back in power in Brazil, and a $30 billion trade opportunity is on the table

    Prime Minister Narendra Modi congratulated Brazilian President-elect Luiz Inácio Lula da Silva on his re-election, pledging to deepen the India-Brazil Strategic Partnership. Bilateral trade rose 25% to $15.21 billion in 2025, with Lula setting a target of $30 billion.

    Lula wins a historic fourth term, but Bolsonaro's refusal to concede clouds Brazil's political future

    Senator Flavio Bolsonaro has questioned the legitimacy of President Luiz Inacio Lula da Silva's election results following the recent elections. Despite trailing by over 4 million votes, Bolsonaro plans to challenge the results, which is unlikely to succeed. Lula's victory defies both polling predictions and global sentiments against incumbents in Latin America. However, Lula faces numerous challenges with a Congress that includes many Bolsonaro supporters.

    Lula da Silva: A metalworker who rose from poverty to reclaim Brazil's presidency

    Luiz Inácio Lula da Silva has secured a fourth, non-consecutive term as Brazil’s president, defeating Flávio Bolsonaro in a fiercely contested election. The victory strengthens the left’s position in Latin America amid Donald Trump’s growing influence, marking another remarkable comeback for the former metalworker who overcame corruption convictions and imprisonment.

    'Brazil is no one's backyard': Re-elected Brazilian president Lula da Silva

    Luiz Inácio Lula da Silva has recently been re-elected as the President of Brazil. During his victory speech, he emphasized Brazil's status as an independent nation. Lula stated that the new government will reform the administrative system significantly. He aims to enhance public involvement in the decision-making processes that affect them.

    'Brazil is no one's backyard': Brazilian President Lula thanks voters for unprecedented fourth term
    Holcim lifts guidance again on strong demand

    Holcim has increased its full-year guidance due to robust demand for sustainable building materials. The company reported a 17% jump in recurring Ebit in the third quarter, surpassing expectations. Increased customer demand and cost discipline contributed significantly to this profit increase. The firm aims to announce around 15 acquisitions by the end of this year. Holcim is focusing on alternative fuels to mitigate rising energy costs.

    The Economic Times
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