Lula and Geraldo Alckmin, president and vice president-elect of the leftist Workers’ Party (PT), celebrate after winning the second round of presidential elections in Sao Paulo on October 30, 2022.
©NELSON ALMEIDA / AFP
Atlantico business
Lula’s victory is welcomed by the whole world, including international financial circles, which are ready to help him lift the country out of poverty, provided corruption is eradicated.
Luiz Ignacio Lula da Silva, since ca‘is his name, will therefore be able to write season 3 of his story as president of Brazil. What a story, what a life, what a journey.
His victory is a short time ago‘he won 50.84% of the vote.She will therefore undoubtedly be challenged by her opponent Jair Bolsonaro; but I‘Brazil’s interest in the whole world is to recognize that democracy can allow Lula to do so‘take his mandate.
For 24 hours, the world’s leaders have therefore hailed this victory, which marks a rather astonishing comeback for a thirdemandate afteres twelve year parentsemany of whom were in prison.
Lula has a Mandela side. He has become an icon of the left wing of people in difficulty, but also the icon of Western elites. In fact, it is supported by the leaders from almost all sides, although the choice is limited.
Historians and political scientists will explain this peculiarity later. Probably because his predecessor was too divisive, too authoritarian, too vulgar, too demagogue, too anti-everything, he had none of the codes for the big challenges.democracies and N‘adhered to any of the visions shared in the West on‘future of the world.
Lula obviously has many faults, weaknesses, but he knew how to speak to the people without insulting the system.eme.
The election campaign was appallingly violent, and not just verbally. Because‘the effort was significant. But in the end, almost everyone will recognize Lula’s victory. By‘outside Brazil, but also inside‘interior.
Because the whole world has an interest in Brazil, with a population of more than 220 million‘citizens‘so. vs‘is on the planeyou are the new country in the world that is closest to western culture and values. Much closer than India or the Chinese.And Brazil already has so many ties to‘Europe and beyond‘the entire American continent (the‘South America as‘North America.)
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These are the fundamental reasons why business and the financial world will support Lula. Some, because‘they speto penetrate further into this consumer market, which is the largest within‘South America and the others because‘they see opportunities for‘investment.
Lula knows the plan welleyou and the geopolitical forces crossing it, the sources too, which for him as for all Westerners are essentially economic. So he made promises during the campaign and to keep them,he will need cooperationinternational ration. Jair Bolsonaro n‘have never in advance understood the necessary interdependence with the world. He leaves the country in a sorry state.
Lula finds 33 million very poor Brazilians and 10 million unemployed and without compensationp. He has therefore promised handouts, in short a very Keynesian revival on demand, but he also knows that it will only work if and only if he supports‘offer, c‘That means‘investment, the‘innovation, the creation of‘Company. Brazil cannot be the labor pool for‘North America like Mexico.
Its courageethe development, c‘is rather China, individual freedom and more. His problememine is to feed those who are hungry and ensure that everyone finds work.
He finds himself in front of a significant construction site, which could be his luck or his hell. This construction site‘is the ecological transition. Bolsonaro n‘never wanted‘open. He compleflatly denied global warming. vsit will not concern him. vs‘is one of the reasons why‘the‘can be found very quickly on the bench in the international company.
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Lula him, understood that Brazil had a card to play for s‘engage the younger generations of Brazilians and foreigners from developed countries by making Bréplease ” green nation “.
vs‘is thus it‘he reusira to reinforce‘Bré’s attractivenesspleasees international investors. find‘spirit that had accompanied and facilitated the construction of Brasilia in 1955, the capital that emerged from the desert in less than 3 years. A courageethe modernity that embodied the output of Bréthe sound ofere colonial.
Lula today has the support of financial circles on his program:
Eradicate poverty
Start the ecological revolution with Western investors.
On one condition that he promised: to rid the country of corruption. vs‘is the cancer of Brazilian society that, as in many developing countries, has become a means of redistributing income.
Personally, he spent years in prison for gross corruption, his entourage p‘is probably taxed, but the middle class is not immuneis.vs‘Is there‘the entire Brazilian society, which lives more or less under corruption. He promised to create an organization that can function without corruption.
Investors believe that. Lots of funds‘investment, whicheattract capital to “green” sectors » have made‘anti-corruption, the sinequanone condition of their arrival.
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