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World Business Report: First broadcast 2018/10/08 00:06 GMT: Brazil's Election Leads to Run-Off

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Brazil's Election Leads to Run-Off

First broadcast 2018/10/08 00:06 GMT

First broadcast 2018/10/08 00:06 GMT: Brazil's Election Leads to Run-Off

BBC World Service - World Business Report, Brazil's Election Leads to Run-Off

Brazilians have voted in the most polarised presidential election in years

Large numbers of Brazilians have been voting in the most polarised presidential election for many years. With 94% of the vote counted, far-right candidate Jair Bolsonaro has 46.8% of the vote, surprising some pollsters but remaining just shy of the 50% needed to avoid a run-off election, giving hope to main rival, Fernando Haddad, the left-wing candidate for the Workers' Party. We’re joined by the BBC’s Latin America Business correspondent Daniel Gallas for the latest, and Verrisk Maplecroft analyst Jimena Blanco gives the political context.

Later this month the European Union will reveal its new "Asia connectivity strategy" which could be a rival to China’s Belt and Road economic plan. It will be unveiled in time for a big EU Asia summit. Maaike Okano-Heijmans, EU-Asia relations expert at the Clingendael Institute in the Netherlands, discusses their potential strategies.

We’ll also hear from independent economist Michael Hughes, and the BBC reporter Jonathan Bithrey is in Jakarta exploring the issue of climate change and its man-made impacts across South East Asia.

Image Description: Supporters of Brazilian presidential candidate for the Social Liberal Party Jair Bolsonaro celebrate outside his home in Rio de Janeiro Brazil, Brazil on October 7, 2018.
Image Credit: Carl De Souza/AFP/Getty Images

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