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Brazil’s Bolsonaro Faces Fallout After Coup Conviction

Brazil's political landscape faces renewed turbulence as former President Jair Bolsonaro considers his legal options following a landmark conviction for attempting to subvert democratic institutions. A federal court ruled this week that Bolsonaro orchestrated efforts to overturn the 2022 election results, culminating in the January 8, 2023 attacks on key government buildings in Brasília.

Supporters of the far-right leader have decried the verdict as politically motivated, organizing small protests in major cities. Meanwhile, critics argue the ruling delivers accountability for what they describe as "an unprecedented assault on Brazilian democracy." The decision bars Bolsonaro from running for public office until 2030.

Analysts suggest the conviction could reshape Brazil's political alliances ahead of municipal elections, with implications for Latin America's largest economy. Market observers are monitoring potential impacts on Brazil's trade partnerships in Asia, particularly regarding agricultural exports and technology cooperation.

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