Brazilians will head to the polls on October 7 for national and state-level elections, with more than 1,650 positions up for grabs, including the presidency.Political polarization intensifies ahead of Brazil‘s elections.
More than 147 million people are eligible to vote. Participation is compulsory for “literate” Brazilians aged 18-70.
When we go by stock market we find, Brazil markets jumped after a poll showed far-right presidential candidate Jair Bolsonaro got a boost a few days ahead of elections, while the support for Workers’ Party’s Fernando Haddad stagnated .Support for Bolsonaro rose to 31 percent in the Ibope survey released Monday evening, from 27 percent in the last poll.
Two different electoral systems are used to decide the various posts: majority and proportional. All voting is done electronically using a single, number-based method. Participants will first decide on state legislators before voting on congressional positions, state governors and, finally, the presidency.
Presidential and state governor candidates must win an absolute majority of the vote to be elected. If no candidate is able to secure more than 50 percent of support in the first round, the two contenders with the highest number of votes will go head-to-head in a second ballot on October 28.