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Lula da Silva will return to Brazil’s presidency in stunning comeback | CNN

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Lula da Silva will return to Brazil’s presidency in stunning comeback | CNN


Sao Paulo
CNN
 — 

Luiz Inácio “Lula” da Silva has been elected the subsequent president of Brazil, in a surprising comeback following a good run-off race on Sunday. His victory heralds a political about-face for Latin America’s largest nation, after 4 years of Jair Bolsonaro’s far-right administration.

The 76-year-old politician’s win represents the return of the left into energy in Brazil, and concludes a triumphant private comeback for Lula da Silva, after a sequence of corruption allegations result in his imprisonment for 580 days. The sentences had been later annulled by the Supreme Courtroom, clearing his path to run for reelection.

“They tried to bury me alive and I’m right here,” he stated in a jubilant speech to supporters and journalists on Sunday night, describing the win as his political “resurrection.”

“Beginning on January 1, 2023, I’ll govern for the 215 million Brazilians, not simply those who voted for me. There will not be two Brazils. We’re one nation, one individuals, one nice nation,” Lula da Silva additionally stated.

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He’ll take the reins of a rustic stricken by gross inequality that’s nonetheless struggling to get better from the Covid-19 pandemic. Roughly 9.6 million individuals fell beneath the poverty line between 2019 and 2021, and literacy and college attendance charges have fallen. He may also be confronted with a deeply fractured nation and pressing environmental points, together with rampant deforestation within the Amazon.

This will probably be his third time period, after beforehand governing Brazil for 2 consecutive phrases between 2003 and 2010.

The previous chief’s victory on Sunday was the newest in a political wave throughout Latin America, with wins by left-leaning politicians in Argentina, Colombia and Chile. However Lula da Silva – a former union chief with a blue-collar background – has sought to reassure moderates all through his marketing campaign.

He has constructed a broad alliance together with a number of politicians from the middle and center-right, together with historic opponents from the PSDB, Brazil’s Social Democrat Celebration. Amongst these politicians is his vice-president, former São Paulo governor Geraldo Alckmin, who has been cited by the Lula camp as a assure of moderation in his administration.

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On the marketing campaign path, Lula da Silva has been reluctant to indicate his playing cards when it got here to outlining an financial technique – a bent that earned sharp criticism from his opponents. “Who’s the opposite candidate’s financial system minister? There isn’t one, he doesn’t say. What will probably be his political and financial route? Extra state? Much less state? We don’t know…,” stated Bolsonaro throughout a stay transmission on YouTube on October 22.

Lula da Silva has stated that he would push Congress to approve a tax reform which might exempt low-earners from paying earnings tax. And his marketing campaign obtained a lift from centrist former presidential candidate Simone Tebet, who got here third within the first spherical earlier this month and gave Lula da Silva her assist within the run-off. Recognized for her ties with Brazil’s agricultural business, Tebet stated in an October 7 press convention that Lula da Silva and his financial group had “obtained and included all of the recommendations from our program to his authorities’s program.”

He has additionally obtained the assist of a number of famend economists extremely regarded by buyers, together with Arminio Fraga, a former president of the Brazilian Central Financial institution.

Lula da Silva obtained greater than 60 million votes, essentially the most in Brazilian historical past, breaking his personal report from 2006.

However regardless of the large turnout from his supporters, his victory was by a slender margin – Lula da Silva gained 50.90% of the vote and Bolsonaro obtained 49.10%, in line with Brazil’s electoral authority.

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His largest problem now could also be unifying a politically fractured nation.

Hours after the outcomes had been introduced, Bolsonaro had but to concede defeat or make any public assertion. In the meantime, movies on social media confirmed his supporters had blocked highways in two states to protest in opposition to Lula da Silva’s victory.

“We are going to solely go away as soon as the military takes over the nation,” one unidentified Bolsonaro supporter stated in a video taken within the southern state of Santa Catarina.

Lula da Silva might want to pursue dialogue and rebuild relationships, stated Carlos Melo, a political scientist at Insper, a college in São Paulo. “The president might be an necessary instrument for this so long as he isn’t solely involved in addressing his base of voters,” he stated.

Supporters of Lula da Silva react as they gather on the day of the Brazilian presidential election run-off, in Brasilia, Brazil October 30, 2022.

With greater than 58 million votes solid for his rival Bolsonaro – who had been endorsed by former US President Donald Trump – Lula da Silva must kind “pragmatic alliances” with components of the middle and the fitting that purchased into his predecessor’s politics, provides Thiago Amparo, professor of regulation and human rights at FGV enterprise faculty in São Paulo.

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On the similar time, he must ship to match supporters’ expectations, Amparo added. “Many citizens went to the poll anticipating that, not simply to do away with Bolsonaro, however with reminiscences of higher financial instances throughout Lula’s earlier governments.”

Many will probably be waiting for potential change to the 2017 Labor Reform Act, which subjected extra employees’ rights and advantages to negotiation with employers, and made union contributions non-obligatory. Lula da Silva had stated beforehand that he would revoke the act however just lately modified the verb to “assessment” following criticisms from the non-public sector.

He might discover that enacting his agenda is an uphill battle, Amparo warns, particularly with a hostile Congress. Seats that had been from the standard proper are actually occupied by the far proper, who will not be open to negotiation and never simple to cope with, underlines Amparo.

Within the newest elections, Bolsonaro’s Liberal Celebration elevated its representatives within the decrease home from 76 to 99, whereas within the Senate it doubled from seven members to 14. Lula da Silva’s Employees’ Celebration has additionally elevated its variety of deputies from 56 to 68 and senators from seven to eight – however total, conservative-leaning politicians will dominate the subsequent legislature.

That friction would require some compromises, factors out Camila Rocha, a political scientist on the Cebrap assume tank. “[Bolsonaro’s] Liberal Celebration can have the best variety of representatives and necessary allies and can make actual opposition to the federal government, [Lula da Silva’s] Employee’s Celebration must sow a coalition with [traditional rightwing party] União Brasil so as to govern, which suggests the negotiation of ministries and key positions,” Rocha instructed to CNN.

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A supporter of Lula da Silva reacts while gathering with fellow supporters on the day of the Brazilian presidential election run-off, in Brasilia, Brazil October 30, 2022.

Environmentalists in the meantime will probably be watching Lula da Silva’s administration carefully, because it assumes governance not solely over the Brazilian nation however over the planet’s largest forest reserves.

With destruction of the huge Amazon rainforest reaching report ranges beneath Bolsonaro’s presidency, Lula da Silva has repeatedly stated throughout his marketing campaign that he would search to curb deforestation. He has argued that defending the forest may produce some revenue, citing the wonder and pharmaceutical industries as potential beneficiaries of biodiversity.

In an interview with international press in August, Lula da Silva referred to as for “a brand new world governance” to handle local weather change and pressured that Brazil ought to take a central position in that governance, given its pure assets.

In keeping with the top of Lula da Silva’s authorities plan, Aloizio Mercadante, one other tactic will probably be to create a bunch together with Brazil, Indonesia and Congo forward of the UN-led November 2022 Convention of Events. The group would goal to stress richer nations to finance the safety of forests in addition to outlining methods for the worldwide carbon market.

A number of specialists instructed CNN they believed his stance on setting and the local weather difficulty may characterize a contemporary begin in Brazil’s worldwide relations.

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For Amparo, environmental safety may certainly be springboard for Brazil’s international management, a serious shift after Bolsonaro warned the world away from intervening within the destruction of the Amazon. “Lula would attempt to reposition, nearly like a rebranding, Brazil within the worldwide area as an influence to be taken into consideration,” he stated.

“We are able to count on a authorities that goes again to speaking to the world, particularly with a brand new stance within the environmental space,” stated Melo, the Insper researcher.

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Read the Letter to the Inspectors General

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Read the Letter to the Inspectors General

Your investigation of these allegations is consistent with the IG’s mission to prevent waste, fraud, and abuse in federal agencies, and can help determine if politically connected crypto interests are undermining our national security. As Congress considers legislation on the market structure for digital assets, we must ensure that cryptocurrencies like USD1 are not providing the President and senior officials with the ability to line their pockets at the expense of the public interest.

The following facts have been reported in multiple outlets regarding Mr. Witkoff:

• Mr. Witkoff’s son Zach Witkoff is the CEO of World Liberty Financial (WLF), which the President’s family owns a majority stake in.³
• Beginning in January, one of Sheikh Tahnoon’s employees, Fiacc Larkin, joined WLF as the “chief strategic advisor” while continuing to work at G42, an AI investment firm owned by Sheikh Tahnoon that, according to the U.S. intelligence community, works closely with Chinese military companies.4



On May 1, 2025, Zach Witkoff announced that MGX, a state-owned investment firm controlled by Sheikh Tahnoon, had agreed to use a WLF-issued stablecoin, USD1, to make a $2 billion investment in Binance. As a result of this deal, WLF stands to reap hundreds of millions of dollars in transaction fees from MGX, and more from the returns on any investments it makes with the $2 billion deposit.³
As of August, Mr. Witkoff maintained a financial interest in WLF and thus stands to personally benefit from his son’s business dealings with the UAE.6 Nevertheless, he did not recuse himself from deliberations regarding the UAE, which may violate federal ethics law.

The following facts have been reported about Mr. Sacks:







He is a special government employee who continues to serve as a “general partner” at his venture capital fund, Craft Ventures.

8

The Abu Dhabi Investment Authority, an Emirati sovereign wealth fund controlled by Sheikh Tahnoon, was an early investor in Craft Ventures and continues to hold an investment in the fund.
In addition, Craft Ventures is invested in BitGo, which has partnered with WLF to provide the technical infrastructure for USD1. If BitGo’s valuation grows, based on the UAE’s investment into USD1, Mr. Sacks and his firm stand to benefit.

3 Yahoo Finance, “Trump family reportedly has a 60% stake in the World Liberty Financial,” Anand Sinha, March 31, 2025,
https://finance.yahoo.com/news/trump-family-reportedly-60-stake-172742661.html.
4 New York Times, “Inside U.S. Efforts to Untangle an A.I. Giant’s Ties to China,” Mark Mazzetti and Edward
Wong, Nov. 27, 2023, www.nytimes.com/2023/11/27/us/politics/ai-us-uae-china-security-g42.html.
5 New York Times, “At a Dubai Conference, Trump’s Conflicts Take Center Stage,” David Yaffe-Bellany, May 1, 2025, https://www.nytimes.com/2025/05/01/us/politics/trump-cryptocurrency-usd1-dubai-conference-

announcement.html.

6U.S Office of Government Ethics, Form 278e for Steven C. Witkoff, August 13, 2025, p. 23, https://static01.nyt.com/newsgraphics/documenttools/090d0de07e1d2fdf/bbf02867-full.pdf.

18 U.S.C. § 208.

8 White House, “Limited Waiver Pursuant to 18 U.S.C. § 208(b)(1) Regarding A.I. Assets,” June 2025,
https://www.whitehouse.gov/wp-content/uploads/2025/06/David-Sacks.pdf.

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Farage refuses to criticise Trump over paracetamol despite health experts dismissing autism claims

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Farage refuses to criticise Trump over paracetamol despite health experts dismissing autism claims

Nigel Farage has refused to criticise Donald Trump’s claims that paracetamol, sold in the US as Tylenol, could cause autism, insisting “science is never settled” and he would never “side with” medical experts.

The Reform UK leader said he had “no idea” if the US president was right to tell pregnant women to avoid taking acetaminophen, also known as Tylenol and paracetamol, and suggesting that those who could not “tough it out” should limit their intake.

Scientists and global health agencies including the World Health Organization have strongly dismissed Trump’s false claims, calling them misguided and saying the evidence linking paracetamol use in pregnancy and autism was “inconsistent”.

The UK’s health secretary, Wes Streeting, told the British public they should not “pay any attention whatsoever to what Donald Trump says about medicine”, adding: “I trust doctors over President Trump frankly, on this.”

But in a wide-ranging interview with LBC’s Nick Ferrari, Farage was asked directly if Trump was right to share those unproven claims. He said: “I have no idea, I’ve no idea. You know we were told thalidomide was a very safe drug and it wasn’t. Who knows Nick, I don’t know.

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“He [Trump] has a particular thing about autism. I think because there’s been some in his family, he feels it very personally. I’ve no idea.”

When Farage was asked if he would side with medical experts who say it is dangerous to make the link, he added: “I wouldn’t. I wouldn’t. When it comes to science, I don’t side with anybody, right? You know? I don’t side with anybody, because science is never settled. We should remember that.”

Yet when challenged over whether it was irresponsible for Trump to make such an unproven claim, Farage said: “That’s an opinion he’s [Trump’s] got. It’s not one that I necessarily share.”

Farage’s refusal to condemn Trump’s claims comes weeks after a controversial doctor, Aseem Malhotra, was given top billing at Reform UK’s party conference and used his main-stage speech to claim the Covid vaccine caused cancer in the royal family. Malhotra is an adviser to Trump’s health secretary, Robert F Kennedy.

In the same interview, Farage said Trump was “right to say” that sharia law “is an issue in London”.

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“Never take what he [Trump] says literally, ever on anything. But always take everything he says seriously,” Farage said, adding: Trump “has a point.”

“So is he right to say that sharia is an issue in London? Yes. Is it an overwhelming issue at this stage? No. Has the mayor of London directly linked himself to it? No.”

Labour MPs have urged Keir Starmer to reprimand Trump’s administration after the US president falsely claimed in a speech to the United Nations: “I look at London, where you have a terrible mayor, terrible, terrible mayor, and it’s been changed, it’s been so changed.

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“Now they want to go to sharia law. But you are in a different country, you can’t do that.”

Trump has been publicly attacking the London mayor, Sadiq Khan, since 2015 when the Labour politician criticised Trump, the then presidential candidate, for suggesting that Muslims should be banned from travelling to the US.

A spokesperson for Khan said: “We are not going to dignify his appalling and bigoted comments with a response. London is the greatest city in the world, safer than major US cities and we’re delighted to welcome the record number of US citizens moving here.”

During the LBC phone-in, Farage also said Reform’s plan to ban anyone who was not a UK citizen from claiming benefits would not apply to Ukrainians and Hongkongers.

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“No, because they come for different reasons,” Farage said, adding those who had lived in the UK on indefinite leave to remain and had not worked or paid into the system would be told their benefits would be cut.

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Alphabet market value exceeds $3tn

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Alphabet market value exceeds tn

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Alphabet’s market capitalisation surged above $3tn for the first time on Monday on the back of a sharp rally for the search giant’s shares over the past few weeks.

Shares in Google’s parent company have climbed more than 30 per cent to a record high of $252 since the group posted double-digit growth in revenue and profit in quarterly results out in late July.

The rally means Alphabet joins Nvidia, Microsoft and Apple as the only US companies valued above $3tn. Chipmaker Nvidia in July became the first company to hit a $4tn market value.

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