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Brazil presidential election headed for a run-off vote

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Brazil presidential election is heading for a run-off vote after neither party managed to win a majority

BRAZIL PRESIDENTIAL ELECTION – It appears Brazil is heading to a run-off vote, with current President Jair Bolsonaro and rival Luiz Inacio Lula da Silva set to battle it out for the top job.

With 95% of electronic votes counted, Lula was ahead with 47.6 per cent of votes versus 43.9 per cent for Bolsonaro. This means neither party was able to gain the majority required to take office.

Luiz Inacio Lula da Silva is a Brazilian politician who served as the President of Brazil from 2003 to 2011.

Several opinion surveys had Lula leading Bolsonaro by 10-15 percentage points ahead of Sunday’s vote. Bolsonaro’s strong showing came as a surprise to many.

The key issues in the election are corruption, crime and the economy. Bolsonaro has been a vocal critic of Lula and his Workers’ Party, which has been dogged by corruption scandals.

Bolsonaro’s reputation is mixed. He is a career lawmaker who rode a backlash against the Workers’ Party to victory in 2018.

He has dismantled environmental and indigenous protections to the delight of commercial farmers and wildcat miners, while pushing an anti-gay and anti-abortion agenda.

His popularity has suffered since the coronavirus pandemic, which he dismissed as a “little flu.” Corruption scandals also forced ministers out of his government.

Lula promises to improve the fortunes of Brazil’s poor and working classes, as he did as from 2003-2010, when he lifted millions out of poverty.

Lula spent 19 months in jail for bribery convictions that were later overturned. He has remained a powerful force in Brazilian politics from prison.

The second-round vote will take place on October 30th. It is likely to be a close contest, with both candidates having strong support bases.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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World

Texas man breaks ice off trampoline net

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Texas cold snap sees temperatures plummet

 
How’s this for cold?

Twitter user Brett Hillier has shared a video from his property in Texas, showing ice on the net of his trampoline cracking.

The Dallas-Fort Worth area has been blanketed with snow, with hazardous conditions expected to continue until at least Thursday.

Authorities have responded to hundreds of accident-related calls, with the ice storm wreaking havoc on roads.

The freezing conditions are making making roads slick, sending cars sliding as residents are told to stay home.

Schools across Mississippi and Tennessee have also been shut. #trending #featured

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World

Kamala Harris demands Congress pass George Floyd Act

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U.S. vice President Kamala Harris has implored Congress to pass the George Floyd Justice and Policing Act

While at the funeral of Tyre Nichols, who was beaten and died at the hands of five Memphis police officers – Harris implored for the right thing to be done.

“As vice-president of the United States, we demand that Congress pass the George Floyd Justice and Policing Act. Joe Biden will sign it,” Harris made the call to action while at the congregation in Memphis.

The Memphis Police Department fired five of the officers involved in the attack, who also are Black.

Prosecutors then charged them last week with second-degree murder, assault, kidnapping, official misconduct and oppression.

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Business

Meta stocks soar in ‘Year of Efficiency’

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Meta Platforms has announced a better-than-expected sales quarter, as well as a USD$40 billion stock buyback.

The parent of Instagram and Facebook cut its cost outlook for 2023 by $5 billion, and projected first-quarter sales that could beat Wall Street estimates.

Meta stock surged nearly 19% in after-hours trade.

Chief Executive Mark Zuckerberg described the focus on efficiency as part of the natural evolution of the company, calling it a “phase change” for an organisation that once lived by the motto “move fast and break things.”

“We just grew so quickly for like the first 18 years,” Zuckerberg said in a conference call. “It’s very hard to really crank on efficiency while you’re growing that quickly. I just think we’re in a different environment now.”

The cost cuts reflect Meta’s updated plans for lower data centre construction expenses this year.

In November, the company cut more than 11,000 jobs in response, a precursor to the tens of thousands of layoffs in the tech industry that followed.

“Our management theme for 2023 is the ‘Year of Efficiency’ and we are focused on becoming a stronger and more nimble organisation,” Zuckerberg said in a statement.

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