Less than a year after a series of corruption scandals threatened to bring down the Lula government – and opposition parties held their fire on the theory that a devastated Lula administration would only increase their chances in the presidential election on October 1 – Lula looks set to waltz back into power for a second term, quite possibly with an easy first-round victory. Part of the reason for his electoral success will be the fact that for all the political noise surrounding his administration, the Brazilian economy has done remarkably well under his tenure.
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