
Bloomberg
Brazilians are putting their young democracy to a political stress test, going to the polls deeply divided after years of corruption and recession have pummeled faith in their institutions.
The 147 million voters in Latin America’s largest economy have from 8 am until 5 pm on Sunday to cast ballots for a new president as well as most state and national officials.
If none of the 13 presidential candidates wins a majority, there will be a second round October 28. The final polls show the far-right candidate Jair Bolsonaro having extended his lead over leftist Fernando Haddad, but still falling short of an outright victory.
Brazilian assets have surged with Bolsonaro’s rise, as investors ignore his authoritarian streak and bet he’ll deliver on his pro-market stance. Haddad, by contrast, alarms money managers who fear a return to the statist policies pursued in the past by his Workers’ Party. It has been a bitter and even violent campaign that has divided families, seen Bolsonaro being stabbed by a fanatic, and then front-runner Luiz Inacio Lula da Silva being imprisoned and banned from running for office.
“We’ve reached a point of madness,†said Boris Fausto, a Brazilian historian who at age 87 witnessed two long dictatorships in Brazil come and go. “Extremism has taken the upper hand, particularly the rise of an extreme right that has no commitment to democracy.â€
Paperless Democracy
Bolsonaro has questioned the reliability of the voting system and even authored a bill in congress demanding a printout of each vote.
It was struck down by the Supreme Court earlier this year. During this election campaign, the former paratrooper has repeatedly raised the possibility of fraud by the Workers’ Party, without offering any evidence. Brazil is one of the few countries that uses an entirely electronic voting system. Voters type a number on a keypad and the corresponding candidate’s face appears on a screen, allowing Brazilians to check their choice before finalising their ballot.
“The polling system is safe. With the biometric security, it’s impossible that the vote for one candidate goes to another,†said Ayres Brito, a former chief justice who also headed the country’s top electoral court. “Candidates and voters need to trust each other.â€
The defense ministry is deploying 28,000 troops to provide logistical support for Sunday’s election and to ensure Brazilians can vote safely.
The federal police are responsible for the security of the voting machines.
For the first time, a team from the Organization of American States, led by former Costa Rican president Laura Chinchilla, will monitor the vote, along with about 40 other international observers authorized by Brazil’s top electoral court.