AGP Executive Report
Last update: 4 hours agoRunoff Battle: Flávio Bolsonaro edged Lula in the first round, setting up an October 25 showdown. More than 33 million voters abstained, leaving undecided voters and supporters of eliminated candidates pivotal. Bolsonaro has vowed to change the Constitution in the name of “re-democratizing” Brazil, raising fears of an authoritarian turn; a win could also put Amazon protections at risk. Election Watch: OAS observers praised the peaceful vote and electoral authorities’ technical work, but warned of intense polarization and misinformation aimed at undermining trust in electronic voting. Betting Crackdown: Brazil has sought to block 13,241 illegal gambling sites since its online betting ban took effect. The government says the move could keep money in low-income households, while billions of reais in refunds remain outstanding. Trade: September’s surplus more than doubled year over year to USD 7.74 billion, but the government cut its 2026 surplus forecast by over USD 5 billion, citing weaker export growth.
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