Brazil prepares to vote

BRAZIL

What will the results of the upcoming elections mean for the investment case in Brazilian markets?

On 3 October 2010, Brazilians in their millions will go to the polls to elect a successor to the hugely popular outgoing President Luiz Inacio Lula da Silva. In the race to succeed him, there are really only two frontrunners, according to the opinion polls: Dilma Rousseff and Jose Serra. As four fifths of Brazilians approve of Lula and nearly half say they would vote for him (if they could) or his preferred candidate, Rousseff has the great advantage of being President Lula’s preferred candidate and, barring a political cataclysm, polls indicate Rousseff will be elected President. Lula h...