Bolsonaro’s party says it recognises Lula’s election win in Brazil

Brazil's Liberal Party, led by Flavio Bolsonaro, acknowledged Luiz Inacio Lula da Silva's victory in the presidential runoff election on Monday, despite the candidate's dissatisfaction with the poll results. Lula, who will turn 81 on Tuesday, secured a decisive win with approximately 4.4 million more votes than his opponent. The party acknowledged the Superior Electoral Court's decision but insisted that concerns raised by the Bolsonaro camp needed to be addressed in a balanced political debate.

Flavio Bolsonaro previously requested that polling stations remain open in some regions due to heavy rains, but he described the vote extension as "unacceptable" and a "dirty trick." While world leaders, including those from both political sides, congratulated Lula, US President Donald Trump expressed his doubts about the election's integrity, calling it "another rigged election."

Flavio Bolsonaro was also denied entry to the United States by police, who ordered him to surrender his passports. The Brazilian markets experienced a significant drop in value following Lula's re-election, with investors concerned about the leftist leader's fiscal policies.