Chileans React After Leftist Boric Wins Presidency

Leftist Gabriel Boric was elected president of Chile on Sunday by a larger-than-expected margin, giving him a mandate to push for higher taxes, greener industries and greater equality after a contest focused on discontent over an investor-friendly economy that has…

Chileans React After Leftist Boric Wins Presidency

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Leftist Gabriel Boric was elected president of Chile on Sunday by a larger-than-expected margin, giving him a mandate to push for higher taxes, greener industries and greater equality after a contest focused on discontent over an investor-friendly economy that has left many behind.

The former student protest leader won 56% of the vote, beating conservative rival Jose Antonio Kast’s 44%. The victory is likely to spook markets that fear interventionist policies. Boric, 35, will take office in March as one of the youngest presidents in the world and with an ambitious agenda.

https://www.bloomberg.com/news/articles/2021-12-19/leftist-boric-wins-chile-presidency-pledging-economic-overhaul

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