--- title: "Lula da Silva Secures Fourth Term in Office" url: https://noti.group/lula-da-silva-secures-fourth-term-in-office/ language: en publisher: "Noti Group" section: "World News" published: 2026-10-27T16:05:22.000Z updated: 2026-10-27T23:38:33.127Z id: 7fc3255a-29c5-452c-9631-ae830d7c2ef4 source: "Al Jazeera https://www.aljazeera.com/news-analysis/2026/10/27/lulas-victory-echoes-across-brics-after-fears-over-a-bolsonaro-win?traffic_source=rss" attribution: "Link to https://noti.group/lula-da-silva-secures-fourth-term-in-office/ and name Noti Group when you quote or summarize this story." --- # Lula da Silva Secures Fourth Term in Office Brazil's President Luiz Inacio Lula da Silva has secured an unprecedented fourth term in office after a surprise election victory on Sunday. The news sent shockwaves of joy across his supporters and echoes through large parts of the Global South. The BRICS alliance, which comprises emerging countries seeking to give themselves a greater stake on the world stage, is breathing a sigh of relief following Lula's win. This grouping has faced growing concerns about its future in recent years, particularly with US President Donald Trump reasserting American power and casting BRICS as a threat to US interests. Lula's victory offers the alliance a significant boost, according to experts who believe it could restore some hope for the bloc's continued growth and influence. A win by his rival, Flavio Bolsonaro, would have raised concerns about Brazil's commitment to BRICS due to Bolsonaro's ties with Trump and potential plans to reconsider the country's role in the alliance. Lula's return is seen as a reassuring development for BRICS as it seeks to play a more significant role in global governance. The bloc has been working towards creating a more multipolar world, countering the dominance of the US. Lula's presidential win has provided a significant boost to the BRICS alliance, ensuring its continued relevance on the global stage. The bloc's future had been uncertain under Bolsonaro, who was seen as less committed to the alliance and more inclined towards aligning with Western powers. Bolsonaro's intentions would have weakened the bloc's cohesion, potentially slowing cooperation on trade and financial reform, according to analysts who study geostrategic dynamics. His government had reportedly promised the US Trade Representative that Brazil's Pix instant payment system would be excluded from non-Western payment schemes, in a bid to safeguard global dominance of the dollar. The BRICS alliance operates by consensus, meaning that one founding member can slow down decision-making if it chooses to do so. The outcome of Brazil's presidential election has sparked relief among BRICS member states and the broader Global South, as concerns about a Bolsonaro win had threatened to disrupt regional dynamics. Geopolitical analysts have long pointed out that BRICS' effectiveness is hampered by its members' diverse interests and values. Despite representing a significant portion of the world's population, economy, and trade, the bloc has struggled to present a unified front on key issues. The inclusion of Iran and the UAE within the BRICS alliance underscores the challenges facing the group in terms of cohesion and cooperation. The two nations find themselves on opposing sides of ongoing conflicts, highlighting the difficulties in reconciling their differing perspectives. Experts warn that emerging economies are increasingly concerned about their vulnerability to decisions made by global powers, particularly the United States. This anxiety stems from a desire for greater autonomy and independence in international economic relations, rather than a straightforward opposition to US influence. Lula's presidency has sparked renewed interest in BRICS as a potential counterbalance to Western powers. The alliance's diversity and varied interests have hindered its ability to present a unified front against the West, according to experts. Many member states maintain strong economic and security ties with the US, which could limit BRICS' effectiveness as an independent force. This has led some to suggest that BRICS is more effective when it expands the choices available to its members rather than defining itself solely in opposition to the US. The shift in Brazil's government has significant implications for the BRICS alliance, particularly when it comes to trade agreements. With Lula's victory, Brazil's relationship with Washington is likely to change, potentially creating an opportunity for BRICS countries to strengthen their economic ties. Brazil's close ties with Trump under Bolsonaro's presidency had led some to question whether the country would remain a reliable partner in the alliance. However, with Lula at the helm, it is expected that Brazil will adopt a more independent stance on international trade and finance. One area where BRICS can potentially make strides is in promoting trade in local currencies rather than the US dollar. This ambition has been ongoing for several years, but it gained momentum after the alliance scrapped plans to introduce a common currency at its recent summit in New Delhi. The New Development Bank's goal of lending 30 percent of its funds in member currencies is also expected to gain traction under Lula's presidency. If successful, this could lead to a decrease in reliance on the US dollar for trade between BRICS countries. The recent election of Luiz Inacio Lula da Silva as President of Brazil has sent ripples across the BRICS nations, sparking hopes for increased economic cooperation and reduced reliance on the US dollar in trade between these countries. Economists say that despite Lula's victory, the US dollar is likely to remain dominant in foreign exchange transactions for at least another decade. However, they also believe that his presidency could help shift the focus from political discussions to practical financial cooperation among BRICS nations, gradually reducing their dependence on the dollar as a medium of exchange. --- Source: [Al Jazeera](https://www.aljazeera.com/news-analysis/2026/10/27/lulas-victory-echoes-across-brics-after-fears-over-a-bolsonaro-win?traffic_source=rss) Published by Noti Group: https://noti.group/lula-da-silva-secures-fourth-term-in-office/