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Election of Far-right President in Brazil Cheered by Trump, Markets

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Jair Bolsonaro, a far-right former Army captain who won Brazil's presidential election in convincing fashion, rode a wave of enthusiasm on Monday from giddy supporters, bullish investors and budding ally U.S. President Donald Trump. Bolsonaro, who early in his legislative career declared he was "in favor" of dictatorships and demanded that Congress be disbanded, vowed on Sunday to adhere to democratic principles while holding up a copy of the country's...

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