Brazil’s Lula Says He Doesn’t Need the Market, He Needs the People
- In speech ahead of court ruling, Lula proclaims innocence
- Appeals Court to rule on Lula’s conviction on Jan. 24
A big decision will shape Brazil's future
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Former Brazilian President Luiz Inacio Lula da Silva said he needed the people and not the financial markets in a defiant speech to supporters the day before a court ruling that may determine his political future and shape the outcome of the country’s October election.
Speaking before a crowd of tens of thousands in the southern city of Porto Alegre, Lula said the prospect of his return to the presidency was scaring investors, but that he didn’t care. "The market’s afraid of Lula," he said. "I don’t need the market. What I need is for the people to take part."