>> Brazil's far-right presidential candidate, Jair Bolsonaro, took a commanding lead in the country's elections on Sunday. It marks a major shift away from the left fueled by public anger over corruption in Brazil's political class. It's also another advance around the world for populous leaders as in Eastern Europe, the US, and the Philippines.
But with around 46% of the vote, Bolsonaro's fallen just short of an outright majority. He's now up for a run off later this month, against his opponent Fernando Haddad from the leftist Workers' Party. Reuters' Gabriel Stargardter reports from outside Bolsonaro's home in Rio de Janeiro.>> It's a party atmosphere here.
People firing fireworks, music, selling beers. And everyone here is convinced that their man, far-right candidate Jair Bolsonaro is gonna be Brazil's next president.>> Haddad won only 29% of the vote. The Workers' Party ran Brazil for more than a decade but kicked off a storm of public anger in the process.
>> Bolsonaro has ridden the wave of popular support here in Brazil, where people is sick of years of violence, rising crime, and recession. And he's managed to really become the focal point of these elections, energizing his young voters through social media, and through rapturous meetings out in the streets of the country.
>> Bolsonaro has promised to reverse a crime wave that took more than 63,000 lives last year, more than any other country. He vowed to roll back gun controls and make it easier for police to kill. A Bolsonaro government would boost the economy by privatizing state companies and relaxing environmental controls.
And on the social front, it would block efforts to legalize abortion, drugs, and gay marriage. Bolsonaro has his share of critics. He's praised the country's past military regime and faces federal hate crime charges for racist and misogynist rants. But so far, investors seem to like what they see.
His rise has sparked a rally in Brazil's currency and stock markets. Many investors anxious to avoid a return to the old days. The end of the Workers' Party rule in 2016 saw the country tip into its worst recession in decades.