Flavio Bolsonaro has defeated current Brazilian President Lula da Silva in the 1st round of the 🇧🇷 elections. $MELI and $NU, especially Nu Bank are soaring overnight!
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4 Comments
forester @foresters · 19h
Actually, no candidate has been defeated because, according to Brazilian electoral rules, a candidate requires a minimum of 50% to win—which no one has achieved. Given this, a runoff election will be held later this month between the top two candidates.
Ryan @rwtrojan84 · 19h
Awesome, I want Bolsanaro to win! Go Brazil
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