CURITIBA, Brazil—Jailed former Brazilian President Luiz Inacio Lula da Silva will step aside on Sept. 11 so his running mate can stand for the presidency in next month’s election, a top party official said, as leftist candidates’ solid showing in opinion polls dragged markets lower.
The Workers Party (PT) national executive committee had decided that Fernando Haddad will be its presidential candidate in the Oct. 7 vote, said committee member and Minas Gerais state Governor Fernando Pimentel. Lula has been barred by a corruption conviction.
