Brazil Elects 'Proud Homophobe' Jair Bolsonaro As President

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Oliver Stuenkel, a professor of global relations at the Fundacao Getulio Vargas university in Sao Paulo, says Bolsonaro's decisions will reverberate in a way they don't necessarily for a leader like Trump.

President Muhammadu Buhari has congratulated Jair Bolsonaro on his emergence as Brazil's new President.

His brash style and harsh statements have led many to compare him to the United States president, referring to him as "Trump of the tropics" or "Brazil's Donald Trump".

Mr. Bolsonaro, the so-called "Trump of the Tropics", is a notoriously divisive figure, whose hardline approach has deeply divided Latin America's largest country.

The markets could continue to boom, Mariscal said, if Bolsonaro keeps his promise to allow Guedes, who is expected to be named economy minister, the autonomy needed to carry out his plans. "To increase deforestation and greenhouse gas emissions is to leave each and everyone of us more vulnerable to an increasing risk of climate extremes". "The Bolsonaro government hasn't even started and the backsliding is already incalculable", she tweeted.

Following behind-closed-door talks on Tuesday, Bolsonaro's top economic adviser Paulo Guedes confirmed that an economic super-ministry would be formed combining finance, planning, industry and trade.

His quick reversal will likely raise fears he will stick to his hardline conservative stance on other issues, too, after dialing back his vitriolic and derogatory rhetoric in the campaign's final stretch.

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The 63-year-old former paratrooper chose to give his first post-election interview to Record TV, a network owned by one of Brazil's biggest evangelical leaders.

Bolsonaro, with a proudly authoritarian approach that attracted Brazilian voters tired of crime and corruption, will have to find a way to fit into the groupings of developing countries. "We have the huge task of defending them", said Haddad.

In addition to the president-elect downplaying Brazil's past military rule, observers worry Brazil is taking another authoritarian turn: More incoming legislators will be former military officers or former federal police than at any point since the end of military rule.

In a now infamous 1999 television interview Bolsonaro also said: "You'll never change anything in this country through voting".

The far-right president-elect was swept to victory Sunday on a wave of anti-establishment outrage fueled in part by Moro's investigation into the large-scale looting of state oil company Petrobras, which has landed a laundry list of corrupt politicians and business executives in jail.

Lula, the former president, remains in prison on a 12-year sentence for corruption and money laundering.

His once-mighty Workers' Party said Tuesday the election was tainted by Moro's probe, and vowed "resistance" to Bolsonaro's government.