A Brazilian Supreme Court judge on Monday annulled the criminal convictions against former leftist President Luiz Inacio Lula da Silva, a move that could allow the popular politician to run in next year's presidential election.
The decision roiled financial markets and scrambled forecasts for the 2022 race, with many investors betting it would polarize voters between President Jair Bolsonaro, a far-right populist, and Lula, his greatest opponent on the left.
In a surprise decision, Justice Edson Fachin said a court in the southern city of Curitiba had lacked the authority to try Lula on corruption charges and that he must be retried in federal courts in the capital Brasilia.
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