The current president of Brazil since 2023, Luiz Inácio Lula da Silva, is widely known for many situations, scandals and controversial statements, as:

• Being one of the founders of the Brazilian party "Workers' Party" (WP) (In Brazil "Partido dos Trabalhadores" - PT), one of the largest parties in the country, with 4 elected presidents in total;

• Being the President for three times - 2003-2006, 2007-2010 and 2023-.

• For his involvement in one of the largest corruption schemes in history (Car Wash Operation - Also known as "Petrolão"), being arrested for it, but being acquitted by the Supreme Court, even with evidence;

• For his involvement in a parliamentary alleged vote-buying scandal (Mensalão);

• For his alleged involvement in a pension embezzlement scheme (Also known as "Esquema do INSS" or "Aposentão" - Article in Portuguese);

• For several speeches and deeds that caused national and international scandal, such as:

  • Taking of Brazil of the International Holocaust Remembrance Alliance (IHRA);

  • Claim that:

    • "The poor don't care about GDP. They want to know if they'll be able to have a barbecue on the weekend." - Article in Portuguese.;

    • United States caused the Ukrainian War: "The war in Ukraine was provoked.";

    • “In Brazil, no one is going hungry.”;

    • "What is happening in the Gaza Strip with the Palestinian people has no parallel in other historical moments. In fact, it did exist when Hitler decided to kill the Jews." "It's not a war of soldiers against soldiers. It's a war between a highly prepared army and women and children.";

    • During an interview on Playboy, he was asked "Is there a renowned figure who has inspired you? Someone from now or the past?" and, some time later, he answered: "For example, Hitler, despite being wrong, he had what I admire on a man, the inner fire to propose to do something and try to.", After, he was confronted: "So, it means you admire Adolf?", which he answered, emphasizing: "No, no. What I admire is the disposition, the strengh, the dedication. It is different from admiring his ideias, his ideology." - Article in Portuguese;

    • “You [Venezuelans] won a antidemocratic narrative. You have too much democracy.”;

    • “It is not right to interfere on Nicaragua's sovereignty." - Daniel Ortega had just expelled nuns and arrested political opponents. - Article in Portuguese.;

• And many others.

Due to the number of controversial speeches or actions by Lula, which are recurrent in the Brazilian and international media, this is the market question: "Will Brazilian President Lula da Silva say or do anything controversial in August?"

• What constitutes a "Yes"?

  • Speeches: If President Lula says something that causes a stir in the media, television, or social media, inside and/or outside Brazil, the market will close as "Yes."

  ➡ Example: "What is happening in the Gaza Strip with the Palestinian people has no parallel in other historical moments. In fact, it did exist when Hitler decided to kill the Jews." "It's not a war of soldiers against soldiers. It's a war between a highly prepared army and women and children." - This speech caused many diplomatic issues, mainly with Israel.

  • Actions: If President Lula does something that causes a stir in the media, television, or social media, inside and/or outside Brazil, the market will close as "Yes."

  ➡ Example: If Lula removes Brazil from an important organization, creates a tariff, military deployment, or becomes involved in another corruption scheme, for example.

If at least one speech and/or action by Lula causes an uproar by August 15, 2025, this market will close as "Yes".

• What DOESN'T constitute a "Yes"?

  • If the speech/action was not made directly by him, but by his government, a minister or a supporter, it does not count as a "Yes".

  • If the action does not cause negative repercussions in the media, television or social networks, inside and/or outside Brazil, it does not count as a "Yes".

If you have any questions, ask me in the comments.