{
  "id": 17343199,
  "title": "The market is taking sides in the elections, and it does not surprise us",
  "url": "https://urgent.news/2026/10/31/el-mercado-toma-partido-en-las-elecciones-y-no-nos-sorprende",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-31T04:40:00.000Z",
  "source": {
    "name": "El Pais Economia",
    "slug": "el-pais-economia",
    "url": "https://cincodias.elpais.com/opinion/2026-10-31/el-mercado-toma-partido-en-las-elecciones-y-no-nos-sorprende.html"
  },
  "original_language": "es",
  "account": "Luiz Inácio Lula da Silva, 81, has won a fourth non-consecutive term as President of Brazil. His victory in the second round of voting, after trailing behind Jair Bolsonaro's son in the first round, caused a significant reaction in the markets. The Brazilian real depreciated by 7.8% and the Bovespa stock index plummeted 13.4%, halting trading due to a surge in sell orders. Investors had backed Jair Bolsonaro's son, who had planned to grant his father a pardon if elected.",
  "summary": "Investors do not hide their preference for the right, even the most populist ones like that of the Bolsonaros. Lula's victory was met with a crash on the Stock Exchange and the real. This is not happening only in Brazil",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}