**JUST IN:** **Flavio Bolsonaro leads Lula da Silva in Brazil’s first-round presidential election, with a runoff set for October 25th.**

**Bolsonaro** received **47.3%** of the vote versus **44.8%** for **Lula**, with **98%** counted. Neither reached the **50%** threshold. This is **Lula’s first presidential election defeat since 1998**.

**[@futures](https://t.me/futures)