Milestones

INAUGURATED. LUIZ INACIO LULA DA SILVA, 57, as the first left-wing President of Brazil in 40 years; in Brasilia. A former factory worker and fiery trade-union leader, "Lula" swept to power in October with 61% of the vote. He has pledged to reduce corruption, improve education and reduce economic misery. (Brazil currently has a 12% inflation rate and debts that account for nearly 61% of its gdp.) Since October, the President-elect has tried to caution the public against having overly high expectations, but a recent poll found that 80% of Brazilians are hopeful his administration will be "good to...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!