Chile’s economy plunges into government crisis over elections | Latin America News

Stock markets closed 9.3%, the biggest decline since the outbreak began in March last year, when the peso fell by 2.3%.

Chilean stock came in after the ruling party suddenly collapsed in a parliamentary election, prompting the left wing to sign a new constitution.

Stock markets closed 9.3%, the biggest decline since the outbreak began in March last year, when the peso fell 2.3%. Yields on Chilean peso by 2030 jumped 22 points to 3.82%.

Proponents of her case have been working to make the actual transcript of this statement available online. Proponents of her case have been working to make the actual transcript of this statement available online. Those who did not participate in any of the parties won 65 seats. The result means that the ruling coalition falls short of one-third of what is needed to close the non-market segments in the party.

Chileans from the left-wing parties are celebrating victory in this week’s election in Santiago.

“Legislative elections this weekend remind us that without a market alliance, the rest of the left can do much better after the epidemic,” said Guido Chamorro, general manager at Pictet Asset Management Ltd. in London.

The results show that traditional parties are growing, which adds to the suspicion when one of the richest countries in Latin America re-enacted its policies following the worst genocide of the generation. At stake are the laws that helped drive more than 30 years of growth, while at the same time contributing to public dissatisfaction and inequality.

Highlights of the writing process are expected to include natural resources, pensions and social services. At the same time, the results could add strength to the bronze court case that is due to go before the senate in the coming weeks that could result in one of the largest tax evasion in the world’s mines.

“The election has made things worse this year,” said Sergio Lehmann, an economist at Banco de Credito e Inversiones in Santiago. “There is a lot of skepticism about the financial crisis in 2022 and 2023. Adherence to the law by overcrowding can cost money.”

Winner Left

About 6.4 million people took part in the election, which represents 43%, according to a survey by the Servel office. That figure was below government estimates by 7 million voters.

Left and unidentified followers were also surprised by a number of local choices. The mayor of Santiago was re-elected to the post of Communist Party, while Karina Oliva of Frente Amplio’s left-wing coalition voted for a re-election for the Santiago Metropolitan Region ambassador.

Participants in a meeting of the left-wing group Lista Del Pueblo, or The People’s List, were the winners of the week, according to Cristobal Huneeus, Director of Data Science at Unholster in Santiago.

“Some of the things that need to be done are human rights, civil society, the environment and the idea that modern economics is not working for the benefit of the people,” he said.

Furthermore, the election results in a presidential election from the right-wingers including Deputy Gabriel Boric and Daniel Jadue, the mayor of Recoleta in Santiago, Huneeus said. Chileans will vote for the next president in November.

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Last year, citizens decided to reject the laws that were being passed during the Augusto Pinochet dictatorship. It was particularly important for protesters who had taken to the streets since October 2019 for the first time on the ground floor before adding to the demands to improve public service.

The election was scheduled for April, but lawmakers voted to move it until May because the daily Covid-19 infection and hospitalization came too late. The Constitutional Assembly will now have one year to draft this document.

Chile could withstand the political and economic crisis in the fall in October 2020, according to an e-mail from Fitch Ratings, which described the country’s size in A- “very strong.”

Government-backed supporters were not the only ones hit. The middle and left parties such as Socialists and Christian Democrats only got 14% of the vote in the Assembly.

“The most obvious signs right now are that freedom is weaker than they expected and space is missing,” said Jennifer Pribble, Assistant Professor of Political Science at the University of Richmond.