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As Brazil approaches the presidential runoff, Professor Cristiano Haddario analyzes the election's regional and geopolitical implications. From multipolarity and Brazil's role in BRICS to U.S. strategic interests in the country's rare earth minerals and oil, the discussion examines how the election could shape Brazil's foreign policy, reindustrialization prospects, and position amid growing U.S.-China competition.

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00:00As Brazil is entering in the final days before the runoff, the results will be
00:05meaningful in the regional and global context. To analyze the situation from
00:11São Paulo we are joined by Cristiano Adario, professor at the Federal
00:16Institute of São Paulo and PhD in Economic History from the University of
00:23São Paulo. Hello Cristiano, welcome to From the South. Hello, good evening. It's a
00:31pleasure to be here. It's a pleasure to have you. Well, in these elections, what is
00:36really at stake? What lies behind them at the regional and geopolitical levels?
00:45What is at stake in these elections? A lot of things. It's really connected to the
00:51Brazilian tradition. If Brazil will continue to be connected with its own
00:58multilateral traditions, if Brazil continue to be a force in connection with the
01:04multipolar order, multipolar construction of the world. We remember that President
01:10Lula was in the foundation of the BRICS groups in his second government, so the
01:17other side is really, really contrary. You are seeing in all of the world a new
01:25Cold War, a new Cold War, a new moment in growing militarism in the world. So the
01:33diplomacy, the strength of the diplomacy politically, the multipolar order will be very necessary. It's very
01:47concerning in this moment in the world. And Lula, its government, is connected with these traditions.
01:54So in worldwide scale, I think this is the great problem, the great question, what is at stake in this
02:03election.
02:03This election. If Brazil will be totally connected with more militaristic and less political order, with PL groups, with Bolsonaro
02:15groups, or if Brazil will continue to be a force in multipolar order.
02:24And also, the other thing is, what is the U.S. targeting? The rare earth, the end of the peaks,
02:32and what are the main indications of its predatory interests in Brazil?
02:41It's connected with a lot of things. It's really, really connected with our digital era. You are seeing a growing
02:50China, a growing industrial China, and Brazil is evident, it's very evident that if Brazil remain more neutral, more diplomatically
03:01in the middle,
03:02in Brazil, it will have a lot of reindustrialization chances, growing, economically growing chances. So this position of the far
03:16-right group in this election, they already said they want to give all the rare earths, all the rare minerals
03:23of Brazil to be processed, processed in USA.
03:28And this is at stake in this moment. And there is a lot of connected things. If the peaks you
03:38said about is one of the points, but I really think there are rare earths and oil. Oil is more
03:46strategic in this moment for the U.S. interest.
03:52I think you have to see Brazil, like other countries in Latin America, in this rivalry between the U.S.
04:00and the growing economic power, industrial power of China.
04:04Thank you very much, Cristiano, for the information you gave us and the analysis that you made. Thank you for
04:10being with us, hearing from the South.
04:15It's a pleasure.

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