Election Surprise in Brazil Forces Runoff Vote

What was surprising about ASCO's performance in the first round of the Brazilian elections?

• He was disqualified from the elections.

• He did not participate in the elections.

• He secured nearly 30% of the votes.

• He won the majority of the votes.

What could be a key factor in ASCO's potential success in the second round?

• Support from Marina Silva and her party.

• A strong advertising campaign.

• A change in the election date.

• A new economic policy.

How did the equity markets react to the possibility of ASCO advancing in the elections?

• The markets were closed temporarily.

• The markets showed excitement and surged.

• There was no change in the markets.

• The markets crashed significantly.

Who did ASCO plan to appoint as Economy Minister, which was well-received by the markets?

• Arminio Fraga

• Marina Silva

• Lula da Silva

• Dilma Rousseff

What is Arminio Fraga known for in Brazil's economic history?

• Leading a major bank merger.

• Establishing a trade agreement.

• Creating inflation targeting.

• Introducing a new currency.