Runoff between Rousseff and Neves is set for October

Global Business

Brazil’s President Dilma Rousseff will face center-right candidate Aecio Neves in a second round of the country’s elections later this month. The final result of Sunday’s vote was 42 percent for Rousseff and 34 percent for Neves. Environmentalist Marina Silva, who earlier had been a favorite to win the presidency, received just 21 percent of the vote and is now out of the contest. CCTV America’s Stephen Gibbs reports latest updates about Brazil’s presidential election from Brasilia.

Runoff between Rousseff and Neves is set for October

Runoff between Rousseff and Neves is set for October

Brazil's President Dilma Rousseff will face center-right candidate Aecio Neves in a second round of the country's elections later this month. The final result of Sunday's vote was 42 percent for Rousseff and 34 percent for Neves. Environmentalist Marina Silva, who earlier had been a favorite to win the presidency, received just 21 percent of the vote and is now out of the contest. CCTV America’s Stephen Gibbs reports latest updates about Brazil's presidential election from Brasilia.

For more on Brazil’s election, CCTV America’s Phillip Yin spoke to Arturo Porzecanski. He’s a distinguished economist in residence at American University’s School of International Service.

Brazil presidential election: Importance for economic growth

Brazil presidential election: Importance for economic growth

Brazil's President Dilma Rousseff will face center-right candidate Aecio Neves in a second round of the country's elections later this month. The final result of Sunday's vote was 42 percent for Rousseff and 34 percent for Neves. Environmentalist Marina Silva, who earlier had been a favorite to win the presidency, received just 21 percent of the vote and is now out of the contest.For more on Brazil's election, CCTV America’s Phillip Yin spoke to Arturo Porzecanski. He's a distinguished economist in residence at American University's School of International Service.