"The fact that he's likely unable to run throws the race wide open," said Lawrence Brainard, chief economist for emerging markets at TS Lombard. "The various polls with [da Silva] as a candidate show him as the leading candidate. The other candidates are sort of spread out."
Brainard notes that, with da Silva likely out of the picture, a centrist candidate pushing for economic reforms could emerge to win the October contest. "But no one knows who that will be," he said.
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