Chile, president
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Sunday's election makes Chile the latest country in Latin America to decisively swing from the left to the right, following Argentina, Bolivia, Costa Rica, Ecuador, El Salvador and Panama. Peru, Colombia and Brazil face pivotal elections next year.
Chile's mining investment project pipeline for the 2025-2034 period will be $104.55 billion, according to the latest Chilean Copper Commission survey.
Jose Antonio Kast won Chile’s presidential election on Sunday, leveraging voter fears over rising crime and migration to take the country to its sharpest rightward shift since the end of dictatorship in 1990.
Chile’s central bank cut its key interest rate by a quarter point for the second time this year, while bringing forward its forecast for when inflation will hit the target.
José Antonio Kast, a far-right politician, who has praised Chile's dictatorship, has won the presidency, signaling a sharp rightward shift fueled by fears over crime, migration, and the economy.
Chile elects hard-right José Antonio Kast as president, marking sharp political shift with focus on security and immigration reform.
José Antonio Kast’s rise to power will give the U.S. another strategic ally in Latin America, as he joins leaders from El Salvador to Ecuador to Argentina who are closely aligned with President Trump.