After years of divisive street protests and the election of a mainly left-wing body to rewrite the constitution, Chileans surprised analysts, markets and even themselves on Sunday night by favoring a right-wing presidential candidate and delivering significant gains to conservatives in Congress.
Chilean presidential candidate Jose Antonio Kast from the far-right Republican Party meets with supporters during a campaign rally, ahead of the December 19 second round presidential elections, at Calera de Tango area, on the outskirts of Santiago, Chile, November 22, 2021.
"For the conservative sectors, this is not a problem as they are in favor of the status quo, but for the opposition it is very bad news.", Chileans had favored left-wing independents when selecting representatives to the body charged with rewriting the nation's dictatorship-era constitution. Boric, a 35-year-old who rose to fame leading student protests, has thrown his support behind the constitutional rewrite.
While some recent opinion polls had shown Kast gaining ground, many Chileans and political observers did not expect him to do as well as he did, given the country's leftward turn in recent years. "Markets' first reaction has certainly been positive. It's less to do with the presidential side and more to do with Congress," she said.
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