Brazil is the largest country in South America, ranking sixth in terms of population and fifth in terms of area on the planet. With a gross domestic product of $1,445 billion in 2020, Brazil will have one of the largest economies on the planet. Brazil holds significant market share in the global energy, services, agricultural, and high-technology sectors. Since Brazil’s economy has been changing and playing a key role in various ways both regionally and internationally over the past few decades. Brazilian politics, in particular, has attracted international attention since Brazil’s economy is the third largest in the Americas, economic growth has been progressively observed to increase, and investors are showing interest in investing in Brazil. Being a member of the BRICS and G20, two important intergovernmental organizations, its presidential election in October 2022 has been attraction for all major world economies.
The 2022 presidential election and Brazil decided to be under Lula for the third time
Luiz Inácio Lula da Silva won the country’s most recent presidential election, defeating right-wing populist Jair Bolsonaro, who had previously held the office. Meanwhile, Brazil’s top court rejected the appeal against the victory of Lula. Being of the working class, he began his career as a metalworker before becoming a trade unionist. He was the president of the steelworkers’ union in Sao Paulo in the 1970s. Additionally, he played a key role in the creation of the left-leaning Worker’s Party and oversaw significant strikes against military rule in the late 1980s. Lula has been elected Brazil’s 39th president in October 2022, demonstrating his exemplary dedication. This is not the first time he has been elected; in 2002, the leftist Lula also won his first presidential election in which he participated, and he went on to serve two terms from 2003 to 2010.
Despite the fact that his administration’s tenure were considered Brazil’s golden years, in 2017 his integrity was seriously questioned due to allegations of corruption made by the federal government while he was in power. He was found guilty of bribery and received a 10-year sentence, but he has consistently denied this claim since, in his opinion, Jair Bolsonaro, a member of the liberal party and Brazil’s 38th president, was the one who had intentionally launched the attack. Afterwards, the Supreme Court of Brazil overturned the conviction in 2021, allowing Lula to run for reelection against Bolsonaro in 2022. He will succeed Jair Bolsonaro as Brazil’s 39th president on 1 January 2023.
– Zerine Tanzim is an Assistant Professor of International Relations at Bangladesh University of Professionals (BUP), Dhaka, Bangladesh.