Who Will Be The Next Elected President of Brazil?
Brazil has faced turmoil over the past year, being led by corrupt presidents. With a new crop of presidential candidates, things may be looking up for the once prosperous country. Here’s a look at the favorites to win the presidential election this fall.
Presidential Election Odds in Brazil
The search for Brazil’s next president has seen a few twists and turns leading up to a highly anticipated October election.
The once prosperous country has taken a turn for the worse the last year, still trying to recover from watching its last president get impeached for breaches of fiscal responsibility laws.
The country’s current leader — Michel Temer — hasn’t been an improvement.
Temer took over Brazil’s presidency reigns in August 2016 when his predecessor Dilma Rousseff was suspended while facing an impeachment hearing.
|Who will be the next elected president of Brazil?|
While Temer’s term will end January 2019, many people are hoping the current president is impeached or he voluntarily steps down. Temer — a centre-right leader — is facing corruption charges by the Attorney General’s office for his part in an alleged bribery scheme.
A new crop of candidates is vying to become Brazil’s next president. Let’s look at some of the frontrunners, with odds courtesy of Bovada.lv.
Carmen Lucia (+300)
A Brazilian jurist and member of the Supreme Federal Court since 2006, Carmen Lucia is the favorite to win the election this fall. Oddsmakers with Bovada.lv have pegged Lucia as a +300 favorite get elected and become the country’s second female president in October.
Lucia is well-regarded in the Supreme Federal Court circles, but many experts are second-guessing how’d she’d handle presidency.
“It would be a bad solution,” said political scientist Claudio Couto. “Not because of her, but because it would mix two branches of government, which is never good.”
Rodrigo Maia (+400)
The presidency may fall into the lap of Rodrigo, who could be next line to replace Temer if he’s impeached prior to the October election.
It’s a likely scenario, which is why Bovada has Maia — a House Speaker — as a +400 favorite to take over as Brazil’s presidency. If Temer is convicted by the top court, Maia could serve the remainder of his term — running through the end of 2018. Maia was a college dropout before starting to work in banks and eventually beginning his political career in 1997.
Luiz Inacio Lula da Silva’s campaign trail hit a snag recently went a Brazilian judge ordered assets belonging to the country’s former leader be frozen following his conviction for corruption. Despite that, Bovada still has Lula as a +600 favorite to come out on top in the fall election. Lula denied the allegations but still had nearly $200,000 in assets frozen in the meantime. If found guilty, Lula would be stripped of his political protection and would go to jail to serve a nine-year sentence.
Henrique Meirelles (+600)
A well-respected minister of finances — Henrique may be exactly what Brazilians are looking forward. Known for being a strong numbers guy, Meirelles is a +600 favorite to win the presidents’ seat in this fall’s election. Meirelles could restore some order in what has been a corrupt office the past year as he’s also the former president of Central Bank of Brazil.
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