SANTIAGO, Chile — The Chilean government’s newly announced plan to have the state take a majority stake in the lithium industry disconcerted business leaders, though analysts cautioned that the proposal appears to try to strike a middle ground between competing interests. “There is no level playing field for the private sector in Chile.” Chile is the second largest producer of …
SANTIAGO, Chile — Former leftist student leader Gabriel Boric will be under quick pressure from his youthful supporters to fulfill his promises to remake Chile after the millennial politician scored a historic victory in the country’s presidential runoff election. With 56% of the votes, Boric on Sunday handily defeated his opponent, far right lawmaker José Antonio Kast, and at age …
A leftist millennial who rose to prominence during anti-government protests was elected Chile's next president Sunday after a bruising campaign against a free-market firebrand likened to Donald Trump. With 56 per cent of the votes, Gabriel Boric handily defeated by more than 10 points lawmaker José Antonio Kast, who tried unsuccessfully to scare voters that his young, inexperienced opponent would …
CNN — Just ten years ago, Gabriel Boric was a student leader in the Chilean capital, rallying against the country’s privatized education system alongside thousands of other students in Santiago. Economist Raphael Bergoeing, who is also the president of Chile´s National Productivity Commission told CNN that many of Boric’s policies “go in the right direction, but I am afraid that …
Chile’s government has allowed people to withdraw funds from their pensions to weather the coronavirus crisis, but the decision could leave millions without a lifeline in old age. “I am not scared of the future,” Zillmann told Al Jazeera, “but many people are because they have no money saved for when they get old.” Chile’s celebrated $200bn private pensions system, …
