Monday, 31 October 2022

Lula wins Brazilian election, but Bolsonaro does not concede

Monday, October 31, 2022

by Linda Noakes

Hello

Here's what you need to know.

Grain ships sail despite Moscow's pullout from a U.N.-backed deal, the Indian bridge collapse death toll jumps to 134, and euro zone inflation soars past forecasts to a new record high

Today's biggest stories

Luiz Inacio Lula da Silva embraces his wife Rosangela Lula da Silva at an election night gathering in Sao Paulo, Brazil, October 30, 2022. REUTERS/Carla Carniel

WORLD

Brazilian leftist leader Luiz Inacio Lula da Silva narrowly defeated President Jair Bolsonaro in a runoff election, but the far right incumbent did not concede defeat, raising concerns that he might contest the result. It's a remarkable comeback for the country's first working class president, whose storied political career nearly ended in prison.

Twelve ships carrying grain left Ukrainian ports despite Russia having abandoned a U.N.-backed deal to guarantee exports from the war zone, suggesting Moscow had stopped short of reimposing a blockade that might have caused world hunger. Here's what you need to know about the conflict right now.

The death toll from a suspension bridge collapse in India rose to 134, with many of the victims children, as authorities opened a criminal case into one of the deadliest accidents in the country in the past 10 years. The bridge was built under British colonial rule and reopened only last week after repairs.

South Korean investigators combed footage from more than 50 state and private closed-circuit TV cameras as well as from social media looking for answers to how a surge in Halloween party-goers trapped in narrow alleys killed so many. As the country began a week of mourning, the death toll climbed to 154.

Israelis vote for the fifth time in four years tomorrow in an election in which former Prime Minister Benjamin Netanyahu's comeback bid may depend on a far-right party whose leaders call for those deemed disloyal to Israel to be expelled.

Members of the media work next to police tape outside the home of House Speaker Nancy Pelosi and her husband Paul in San Francisco, October 28, 2022. REUTERS/Carlos Barria

U.S.

Election officials have been alerted to safe-proof their voting systems and be vigilant about political violence amid a "very complex threat environment," top cybersecurity official Jen Easterly said.

The man who clubbed House Speaker Nancy Pelosi's husband in the head with hammer, shouting "Where is Nancy?" after forcing his way into the couple's San Francisco home, faced charges of attempted murder and other felonies.

Opening statements are set for today in the criminal case accusing former President Donald Trump's real estate company of a 15-year tax fraud. The case is among the mounting legal troubles facing the 76-year-old Trump as he considers another bid for the presidency.

The Supreme Court is set to hear arguments in two major cases involving Harvard University and the University of North Carolina that could imperil decades-old affirmative action policies that factor race into student admissions to boost Black and Hispanic enrollment on American campuses.

A man exonerated last year in the 1965 slaying of Black activist Malcolm X and the estate of a second man cleared posthumously reached a settlement totaling $36 million with New York City and state, their attorney said.

BUSINESS

Euro zone inflation surged past expectations yet again this month to hit a record high, pointing to further interest rate hikes from the European Central Bank as price pressures appear to be broadening.

U.S. central bankers are expected to keep their inflation fight in high gear this week, even as they intensify a debate over when to downshift to smaller interest rate hikes so as to avoid sending the world's biggest economy into a tailspin.

China's COVID-19 curbs forced the closure of Disney's Shanghai resort, while production of Apple iPhones at a vast contract manufacturing facility could drop by 30% next month due to coronavirus restrictions, a source told Reuters.

Hong Kong's government has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds - a move it hopes will help it rebuild its fintech hub status. Hong Kong is eying a return to the global financial map with a summit this week.

Twitter will revise its user verification process, Elon Musk said in a tweet, just days after he took over one of the world's most influential social media platforms.

Credit Suisse unveiled details of its plan to raise $4 billion from investors to support the embattled bank's bid to tackle the biggest crisis in its 166-year history.

A PICTURE AND ITS STORY

Reuters photographer Peter Nicholls captured the moment a man fire-bombed the gates of a center for processing migrants in the English port of Dover.

Quote of the day

“The smell of petrol, it just dominates everything. We live on a planet that is not built for sustainable traveling."

Busking Brit crosses Iraq on his way to COP27 without flying

Video of the day

Iranians defy protest ultimatum despite crackdown

A video obtained by Reuters shows protesters in Iran clashing at a university in the capital Tehran.

And finally…

World's hottest chili flavors French chocolates

Chocolatier Damien Vidal's marble-shaped confections are flavored with Carolina Reaper, the world's hottest chili pepper according to Guinness World Records.

More from Reuters

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