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Weekly Report - 26 March 2026 (WR-26-12)
BRAZIL: Lula protégé to run for São Paulo governor again
After months of media speculation regarding his political ambitions, Brazil’s finance minister, Fernando Haddad, of the ruling left-wing Partido dos Trabalhadores (PT), has stepped down from his cabinet role and confirmed that he will run for the governorship of the country’s wealthiest and most populous state, São Paulo. Although Haddad is considered one of the strongest left-wing contenders to run for governor in the election this October and a potential option to be a political successor to President Luiz Inácio Lula da Silva one day, he currently appears unlikely to defeat the right-wing incumbent Tarcísio de Freitas, of the right-of-centre Republicanos, who various pre-election polls have ranked as the clear frontrunner in the race.
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