Bolsonaro Unlikely to Back Investor Favorite in Brazil Vote
The article discusses the diminishing likelihood of Jair Bolsonaro, the current President of Brazil, endorsing Tarcisio de Freitas as a candidate in the upcoming 2023 presidential election. Tarcisio de Freitas, the governor of Sao Paulo, was seen by investors as the ideal challenger to the leftist candidate, Luiz Inacio Lula da Silva. However, according to Bolsonaro's allies, the odds of him backing Tarcisio de Freitas as a candidate are decreasing. This is seen as a blow to investors who were hoping for Tarcisio de Freitas to run against Lula, the leftist candidate. The article suggests that the political landscape in Brazil is shifting, and the support of Bolsonaro, the current president, may be crucial for any candidate's success in the upcoming election.
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