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.
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Chile Assets Outperform With Communist Out of Presidential Race
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Chile Holds Key Primary Vote in Wide-Open Presidential Race
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Legislators for improving aids proposed by Chilean government
Legislators for improving aids proposed by Chilean government
Santiago, Chile, May 31 (Prensa Latina) Opposition forces will insist during Congress sessions scheduled for this week on improving the aids announced by the Government to alleviate the economic crisis worsened by Covid-19, it was reported on Monday. In this sense, the senators of those parties signed a statement in which they expressed that they will seek to expand not only the amounts, but also the duration of the Emergency Family Income (IFE) and the bond for the small and medium-sized enterprises (SMEs).
On Wednesday, May 26, President Sebastian Piñera announced these measures, but in political and academic sectors, although they considered them superior to previous ones, they were criticized for being inferior to what was long requested from the opposition and being hardly a temporary relief for the SMEs.