Brazil Elects 'Proud Homophobe' Jair Bolsonaro As President

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Brazilian President-Elect Jair Bolsonaro addresses supporters in an election victory message.

Mauricio Santoro, a political scientist with Rio de Janeiro State University, said he was concerned that Brazil would not soon dispel the tense and occasionally violent atmosphere that enveloped the polarizing campaign. Bolsonaro relied on the support of evangelical groups in the run-up to the election.

Bolsonaro - whose previously minor Social Liberal Party will be the second-largest force in the lower house - meanwhile faces the hard job of piecing together a coalition from among some 30 parties.

"Ahead of the election, Deutsche Bank posted on Twitter that "... the neo-liberal Jair Bolsonaro is the preferred candidate of the markets".

"It's clear there's a need, because of the violence in Brazil". "I am totally in favor of freedom of the press", Bolsonaro told Globo TV. "To increase deforestation and greenhouse gas emissions is to leave each and everyone of us more vulnerable to an increasing risk of climate extremes".

"He would give criminals the following example: he would shoot, the criminal element would be taken down in legitimate self-defense, and the (driver) would go before (the authorities) but he wouldn't be punished", he said. In a now infamous 1999 television interview Bolsonaro also said: "You'll never change anything in this country through voting".

The anti-establishment wave that Bolsonaro rode to victory was fueled partly by anger over the findings of Moro's investigation.

Launched in 2014, the "Operation Car Wash" investigation has led to the jailing of numerous country's top businessmen and politicians.

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Stocks climbed earlier this month after Bolsonaro led the previous round of voting, as investors preferred him to leftist parties. It enjoys any legitimacy in the eyes of the working masses only to the extent that it continues the expansion of the economy.

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"I do intend to (approach Moro)... maybe for the justice ministry", Bolsonaro said.

He also floated Moro as a possibility for one of two Supreme Court positions set to be vacated during his term.

Bolsonaro, who ran on a law-and-order platform, said he wants Sergio Moro, the judge who has overseen the sprawling "Car Wash" corruption trials and convicted former president Luiz Inacio Lula da Silva of graft, to join his government as justice minister. They say the former president has been the victim of a political witch-hunt.

Bolsonaro, who won 55 percent of the vote in a run-off on Sunday, issued a series of campaign pledges that left many fearing for the future of the Amazon rainforest, known as "the lungs of the planet".

In parallel, representatives for Bolsonaro will begin meeting with President Michel Temer's team to start work ahead of the january 1 inauguration.

The Sao Paulo stock exchange's main index opened up more than three percent, after adding 10 percent in a month as Bolsonaro surged in the polls, before falling 2.

In his television interview Bolsonaro - who recently threatened to exile or jail "red outlaws" - said he expected "fierce" opposition but would not seek "to crush" such dissent.

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