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The election campaign in Brazil is at its peak. Candidates are stepping up their speeches, campaign ads are airing more frequently, and attacks on opponents are the order of the day. Brazilian political life has found its focal point, and that is the contest – as it is being portrayed – between two titans.

On one side is the country’s current president, the legendary labor union leader and head of the Workers’ Party, Luiz Inácio Lula da Silva – a representative of progressivism and Brazil’s center-left – who has stated that he has chosen to run for reelection to prevent the far right from conquering one of the last countries to have resisted the new wave of far-right politics in South America.

Leading the charge is Flávio Bolsonaro, a senator from São Paulo who has stepped into the long shadow of his father, the neoliberal and ultra-conservative former president Jair Bolsonaro (a close friend of Trump’s) who is currently in custody, according to Brazilian authorities, for his role in an attempted coup d’état aimed at preventing the swearing-in of the current president, Lula.

The latest polls

For now, polls predict a potential runoff election (October 25) to determine the president, as neither candidate is expected to reach the 50% needed to win in a single round.

According to the polling firm Quaest, Lula continues to hold a slight 5% lead over Bolsonaro. Thus, the center-left candidate would reach 39% and Bolsonaro 34%. Meanwhile, the polling firm BTG Pactual/Nexus reports that Lula has 42% and Bolsonaro 37%.

The remaining candidates would not receive more than 4%, while undecided voters account for 5%. About 10% of those surveyed said they would cast a blank or invalid vote.

In a potential runoff, the race is much closer. Quaest reports that Lula and Bolsonaro would be tied in a future runoff, each with 42%. Nexus, on the other hand, gives Lula a lead in the runoff with 46%, compared to Bolsonaro’s 44%.

Two models, one possible path

From a media and strategic perspective, portraying the South American giant’s current situation as a crossroads can sometimes be a bit misleading. Both candidates advocate capitalism as the only viable economic system, and both are open to international cooperation with necessary trading partners.

However, the major differences – and the significant possibilities that accompany them – undoubtedly point to two distinct paths the country could take. Bolsonaro advocates for a radical reduction of the state and the full opening of the country to international capital, which has once again turned its attention with great interest to South America’s immense natural resources. Minerals, gold, oil, and Brazil’s enormous hydroelectric potential are fundamental to the new material distribution of the imperialist economy.

And while Lula is by no means an isolationist (in fact, he promotes investment) he is not a politician willing to hand over those resources at any cost without a significant state presence and without promoting the economic interests of Brazilian capital. Furthermore, Lula has based his campaign, among other things, on the country’s sovereignist rhetoric.

This issue is probably the most important in geopolitical terms. Lula is not part of Trump’s political-military coalition known as the Shield of the Americas, the true operational arm of Washington’s hemispheric strategy – namely, securing Latin America as its zone of control and influence.

Flávio Bolsonaro, on the other hand, asserts that during his potential presidency, the United States will be not only his main political partner but also his security partner (a relationship that has historically held over the past few decades).

And Trump, of course, has not been a bystander in this dispute – even from a personal standpoint. When he learned of Jair Bolsonaro’s conviction for an alleged coup attempt, he stated that he would impose sanctions on the Brazilian economy for having imprisoned the man he called “his friend.”

In response, Lula has played a game that carries high economic costs but maintains a firm diplomatic stance. Whenever tariffs have been raised, Lula has ordered a similar response, which has put him in direct conflict with the Trump administration.

This issue is likely of much greater significance than it appears, given that Brazil alone accounts for nearly 50% of the region’s total GDP. Therefore, what is at stake in Brazil’s upcoming elections is more than just a presidential election; it is also the continuation of a right-wing wave in the region or a halt to it – one that, given Brazil’s economic and territorial importance, could mean more than just a statistical anomaly.

Militants and supporters of President Luiz Inácio Lula da Silva participated, this Sunday, September 27, in demonstrations as part of the national mobilization “Let’s go, Lula,” held a week before the first round of elections. In Rio de Janeiro, “CarnaLula 2026” spanned the length of Copacabana beach.

With a microphone, PT Senate candidate Benedita da Silva spoke about the importance of Carnival as an expression of popular culture and called on those present to also vote for a progressive bloc in the Rio de Janeiro Legislative Assembly and the Federal Chamber of Deputies. She reinforced the discourse that, in this election, not only democracy is at stake, but also national sovereignty. “We will not be anyone’s backyard,” she repeated Lula’s phrase.

Read more: Brazil’s presidential campaign heats up

In São Paulo, the event began with Carnival parades, circus performances, and bike rides on Paulista Avenue, where candidates gave speeches in defense of democracy. “Denialism will not prevail,” said Senate candidate Simone Tebet. Federal deputy Erika Hilton echoed Tebet, speaking about the importance of electing candidates who will steer Brazil away from fascism and who are in favor of the working class, as well as defending the end of the 6×1 work schedule. Also present at the event, actor Humberto Carrão told Brasil de Fato that he urged voters to decide the presidential election in the first round.

The capital of Minas Gerais, Belo Horizonte, was one of the cities with the largest number of activities in support of Lula’s re-election. Among them was a flag-waving demonstration in the city center, where hundreds of activists unfurled a banner that read “Lula of Brazil.” In a review of the event, Pedro Martins, a member of the Alvorada collective, one of the organizers of the action, spoke of the need to occupy the streets. “It was a spectacular event, with all the social movements gathered. This week was an important week, showing that we need to go to the streets, and only in this way can we turn the vote around and achieve victory,” he told Brasil de Fato.

In Florianópolis and Curitiba, supporters held a bike ride carrying flags in defense of Lula’s candidacy. In Brasília, the gathering was on the Eixão, a fast road that connects the Plano Piloto from north to south.

Lula’s campaign reported that the day’s events were organized in a decentralized manner, with more than 500 activities planned across the 27 state capitals and hundreds of municipalities. The program included walks, motorcades, leaflet distribution, and cultural performances.

First published by Brasil de Fato in Portuguese.