Brazil's Lula launches plan to fight organized crime ahead of elections year

Yahoo Finance
2026.05.12 18:53
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Brazilian President Luiz Inacio Lula da Silva has launched a new plan to combat organized crime ahead of the October elections, responding to rising security concerns among voters. The plan includes $200 million in funding for 2026 and $2 billion for equipping security forces. Lula aims to disrupt money laundering and arms trafficking while implementing maximum-security standards in prisons. His main rival, Flavio Bolsonaro, is also focusing on hardline crime policies as they compete closely in the polls.