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Brazilians party into the night as Lula claims election victory

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Luiz Inácio Lula da Silva will become Brazil’s next president after a tight election victory

Brazilians have partied into the night as Luiz Inácio Lula da Silva claimed victory in the nation’s run-off election.

Lula secured nearly 51 per cent of the vote in the tight race for office.

He has promised environmental and social reforms as Brazil reals from the depths of the pandemic.

“I will govern for 215 million Brazilians, and not just for those who voted for me.”

Luiz Inácio Lula da Silva, Brazil’s president-elect

Lula added “we are one country, one people, one great nation.”

U.S. President Joe Biden was among the world’s top leaders to congratulate Lula on his election victory.

“I look forward to working together to continue the cooperation between our two countries in the months and years ahead,” Biden said.

Brazil’s far-right incumbent president Jair Bolsonaro, has fallen silent after his election defeat.

The 67-year-old is yet to concede in the election, despite all votes being counted.

He has repeatedly hinted he might not accept defeat. However, his own son thanked Brazilians for their support.

“Thank you to each one of you who helped us rescue patriotism… We will hold our heads high and we will not give up on our Brazil,” he said.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Leaders

Trump does not want another debate rematch with Harris

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

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News

Billionaire & engineer make history after world’s first private space mission

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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Money

What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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