Something to Celebrate

Will Wall Street and Washington see the bright side of Brazil's election?

Need cheering up? Here's a good news story. The world's fifth largest country--with a history of military rule and endemic corruption--holds a free and fair presidential election. All voters, even in remote villages, cast their ballots on high-tech electronic machines of a kind that make the conduct of elections in, say, Florida, look shamefully outmoded. The candidate who wins the most support in the first round of voting has made his name criticizing the nation's power elite. But the results are accepted by all, and the country begins a three-week campaign before the top two candidates square off in a second...

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