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Transcripts For BBCNEWS World Business Report 20240707

for artisanal bakeries. more now on the dramatic win for brazil s former president luiz inacio da silva. as you ve been hearing lula has been re elected after very narrowly defeating the incumbent jair bolsonaro in the second round of voting. celebrating his victory, he said the winners were the brazilian people and he wanted to improve their lives. lula s win marks a return to left wing governance in latin america s largest nation and the challenges facing him are great following a bitter campaign. he will take office onjanuary land faces a huge challenge to unite a deeply divided nation and boost an economy grappling with rising inflation. joining me now isjimena blanco, head of americas research at risk intelligence company verisk maplecroft. jimena, goodesy. let s start by mentioning the fact that jair bolsonaro is yet to concede. correct, yes. and he has refused to see some of his closest advisers. you know, earlier in the weekend he did concede to a in brazil that he wo

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