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Event Brief

Brazil Real Sinks on Bolsonaro's Election Support

Brazilian assets fell after reports of Bolsonaro backing his son Flavio in the upcoming presidential elections.
WHO: Jair Bolsonaro, Flavio Bolsonaro
WHAT: Support for presidential election
WHEN: Dec 4, 2025 at 7:00 PM ET
WHERE: Brazil
WHY: Impact on Brazilian assets and market reaction
Sources (1): Bloomberg

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