Lead­ers re­vers­ing doubts on Bol­sonaro’s can­di­dacy

Las Vegas Review-Journal (Sunday) - - WORLD -

Busi­ness lead­ers and fi­nan­cial mar­kets in Latin Amer­ica’s largest econ­omy are shak­ing off their mis­giv­ings to co­a­lesce around the can­di­dacy of poll leader Jair Bol­sonaro, a re­tired army cap­tain who has re­peat­edly said he doesn’t un­der­stand the econ­omy.

For many Brazil­ians, Bol­sonaro’s can­di­dacy in Sun­day’s vote has long pro­voked fears be­cause of his pen­chant for wax­ing nos­tal­gic about the coun­try’s 1964-1985 dic­ta­tor­ship, along with his steady stream of deroga­tory com­ments about women, blacks, in­dige­nous peo­ples and gays. For their part, in­dus­try lead­ers wor­ried about what they saw a big-govern­ment, pop­ulist streak in past state­ments and his vot­ing record.

The grow­ing de­ci­sion by the busi­ness com­mu­nity to essen­tially hold its nose is be­ing driven by fac­tors rang­ing from Bol­sonaro’s de­ci­sion to name an es­teemed banker as head of his eco­nomic team to fear about a re­turn of the left-lean­ing poli­cies of the Work­ers’ Party.

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