Bolsonaro backtracks and says he will serve as Lula’s opposition

Flávio Bolsonaro has retracted his challenge to the election results that favored Lula, opting instead to lead the opposition. His initial refusal to concede was short-lived, as he faced isolation from allies and the Liberal Party acknowledged Lula's victory. Despite support from Trump, Bolsonaro's legal efforts will shift focus from annulment to disqualifying Lula for alleged economic abuse. The political landscape remains tense, with mixed reactions from evangelical leaders and financial markets reacting negatively to the election outcome. Bolsonaro's supporters are divided, with some embracing claims of fraud while others accept the results.