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Lula’s legacy

After two terms, Brazil's president will leave behind a booming economy and renewed international confidence. But there is still a mountain to climb for his successor

By Nathan Shachar   October 2010

Most foreign news is about broken things: failure, crises, scandals, misery. Rarely does a bombshell of good news sweep everything else off the front page. I had just  begun working as a reporter when I saw Egyptian president Anwar Sadat land in Tel Aviv in 1977 and change the middle east for ever. I have only been present at one other such stirringly optimistic, game-changing moment. That was election night in Brazil eight years ago. I was in São Paulo on Paulista Avenue, the skyscraper-lined artery of Latin American finance. The results were in and the socialists had won. The…

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