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Chilean Assets Slump as Government Suffers Crushing Vote Defeat

Chilean Assets Slump as Government Suffers Crushing Vote Defeat
Bloomberg
2 hrs ago
Eduardo Thomson and Valentina Fuentes
(Bloomberg) Chilean assets plunged after the ruling coalition suffered a crushing electoral defeat that placed the writing of a new constitution largely in the hands of left-wing parties.
The benchmark stock exchange tumbled 7%, while the peso cratered as much as 2.9% to 720 per dollar, on track for the biggest decline since November 2019 when a series of protests wracked the country. Chile’s dollar bonds due in 2031 dropped to a two-month low.
Candidates from the ruling coalition obtained just 37 of 155 seats on the assembly designed to write a new constitution, according to data consultancy firm Unholster, far less than expected. Contenders unaffiliated with any political parties secured 65 seats. The result deprived the right of the one-third threshold they needed to reach to veto clauses in the new charter. ....

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Vaccine Gains Bring a Despised President Back From the Brink

Vaccine Gains Bring a Despised President Back From the Brink
Bloomberg
3/9/2021
Valentina Fuentes and Matthew Malinowski
(Bloomberg) Just over a year ago, Chile’s billionaire president, Sebastian Pinera, had an approval rating of 6%, the lowest in Latin America. His nation was exploding over inequality and he was dismissed as a hardhearted plutocrat. The demand running wild on social media was: “Pinera, resign.”
Today, Chile is vaccinating its population against Covid at a rate that outstrips most of the world due partly to Pinera’s shrewd dealmaking with drug companies. The result: his approval rating has leaped to between 14% and 20%, with the nation slowly becoming more grateful to the executive at the top. ....

United States , Sebastian Pinera , Gonzalo Muller , David Lillo Ministerio , Mario Marcel , Jaime Bellolio , Fernando Leanes , Jair Bolsonaro , Public Health Subsecretary Paula Daza , World Health Organization Chile , Subsecretary Of Assistance Networks Roberto Dougnac , Universidad Del , Lone Exception , Regional Vaccine , Bloomberg Chile , Regional Vaccine Failure , Latin American , President Jair Bolsonaro , Latin America , Chile Starts , Getty Images South America Chile Starts , Health Minister Enrique Paris , Assistance Networks Roberto Dougnac , Ministerio De Salud Chile , President Mario Marcel , Universidad Del Desarrollo ,

Vaccine Gains Bring a Despised President Back From the Brink

Vaccine Gains Bring a Despised President Back From the Brink
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United States , Sebastian Pinera , Gonzalo Muller , David Lillo Ministerio , Mario Marcel , Jaime Bellolio , Fernando Leanes , Jair Bolsonaro , Public Health Subsecretary Paula Daza , World Health Organization Chile , Subsecretary Of Assistance Networks Roberto Dougnac , Universidad Del , Lone Exception , Regional Vaccine , Bloomberg Chile , Regional Vaccine Failure , Latin American , President Jair Bolsonaro , Latin America , Chile Starts , Getty Images South America Chile Starts , Health Minister Enrique Paris , Assistance Networks Roberto Dougnac , Ministerio De Salud Chile , President Mario Marcel , Universidad Del Desarrollo ,

Chile Finance Chief Sees Years of Stability With New Charter

Chile’s constitutional rewrite will make room for several more decades of steady rules, ensuring social peace and investor interest in what has historically been one of Latin America’s most stable economies, according to the nation’s finance minister. ....

United States , Rodrigo Cerda , Augusto Pinochet , Sebastian Pinera , Latin America , Bloomberg Chile , Chile Economy Hits , Soft Patch Amid Tighter , President Sebastian Pinera , ஒன்றுபட்டது மாநிலங்களில் , ரோட்ரிகோ சிஇஆர்டிஏ , லத்தீன் அமெரிக்கா , ப்ளூம்பெர்க் சிலி , சிலி பொருளாதாரம் வெற்றி ,

Chile Finance Chief Sees Years of Stability With New Charter

Chile Finance Chief Sees Years of Stability With New Charter
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

United States , Rodrigo Cerda , Augusto Pinochet , Sebastian Pinera , Latin America , Bloomberg Chile , Chile Economy Hits , Soft Patch Amid Tighter , President Sebastian Pinera , ஒன்றுபட்டது மாநிலங்களில் , ரோட்ரிகோ சிஇஆர்டிஏ , லத்தீன் அமெரிக்கா , ப்ளூம்பெர்க் சிலி , சிலி பொருளாதாரம் வெற்றி ,