Brazil's General Election Leaves Bolsonaro in the Running and His Allies in Control of Congress

In Brazil, the outcome of the first round of the presidential election will likely raise the threat of politically-motivated violence in the coming weeks, while business-friendly parties' control of Congress will likely please markets and entice investors thereafter. Former Brazilian President Luiz Inacio Lula da Silva won 48.43% of the vote in the country's Oct. 2 general election, while incumbent President Jair Bolsonaro defied pre-election voting to receive 43.2% of the vote. Since neither candidate received more than 50% of the vote, da Silva and Bolsonaro will compete in a runoff election on Oct. 30 to decipher a final winner. In the concurrent legislative election held on Oct. 2, right-wing parties secured a simple majority in the lower house of Brazil's Congress, which is needed to pass most legislation, but fell just short of securing the two-thirds majority required to pass constitutional amendments....