Underdogs Score Surprise Wins in Chile Presidential Primary
Bloomberg
6 hrs ago
Valentina Fuentes and Matthew Malinowski
(Bloomberg) -- One-time student protest leader Gabriel Boric and former government minister Sebastian Sichel won Chile’s presidential primary election on Sunday in upset victories that will likely be cheered by financial markets.
Boric won the far-left vote with 60.4% of support, beating Communist Party candidate Daniel Jadue, who spooked financial markets with calls for radical economic reform. Sichel won among the four right-wing contenders with 49.1%, defeating Joaquin Lavin, one of Chile’s best-known politicians. Both aspirants will now advance to the first round of presidential elections on Nov. 21.