UK's $160 Billion Super-Rich Exodus; Bolsonaro Surges in Brazil Election

Spanish Prime Minister Pedro Sánchez has called an early election for November 29 after parliament rejected a housing plan last week. The plan was aimed at quelling mounting social protests, but its failure has triggered a snap vote. The political uncertainty adds to Spain's challenges as it navigates social unrest and economic pressures. In Brazil, Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of the presidential election. Bolsonaro's strong performance makes him the overwhelming favorite to win the runoff and take Latin America's biggest economy sharply to the right. The result signals a potential major political shift in the region. Meanwhile, the exodus of the uber-rich from the UK has become a $160 billion problem. Billionaires tracked in the Bloomberg Billionaires Index have loosened or cut ties with the UK over the past two years, raising questions about the country's appeal to global wealth. These stories and more are covered in this Bloomberg broadcast.