Jair Bolsonaro Will Be Brazil’s Next President

by Bill Ostrove, International Military Markets Analyst, Forecast International.

Brazil President Jair Bolsonaro. Source: Wikipedia/ Antonio Cruz/Agência Brasil

Brazilian right-wing congressman Jair Bolsonaro has won a runoff election to become Brazil’s next president. Bolsonaro defeated opponent Fernando Haddad with 55.1 percent of the vote. The two men, on opposite sides of the political spectrum, faced each other after they were the two top vote-getters in the first round of elections on October 7. Since no candidate received more than 50 percent of the vote in those earlier elections, a runoff was required. Continue reading

Andrés Manuel López Obrador Wins Presidency in Mexico

by Bill Ostrove, International Military Markets Analyst, Forecast International.

Mexico President Andres Manuel Lopez Obrador

Andrés Manuel López Obrador won a resounding victory in Mexico’s presidential elections held on June 30.  With about two-thirds of the vote counted, López Obrador has over 20 million votes, or about 53.3 percent of the total. His next closest competitor, Ricardo Anaya Cortés, has only 22.5 percent, while José Antonio Meade Kuribreña of the ruling PRI Party has only 16 percent. Continue reading