Voters in the first round of Chile’s presidential election largely backed candidates who support the country’s market economy, providing a boost to local financial markets
SANTIAGO, Chile—After years of protests and political upheaval that seemed certain to shift Chile’s politics sharply to the left, voters in the first round of a presidential election largely backed candidates who support the country’s free-market economy, providing a boost to local financial markets on Monday.
More than half of the ballots in the Sunday vote went to three right-wing candidates who support the market economy, led by first-place finisher José Antonio Kast with 28% of the vote. Gabriel Boric, the leftist candidate who backs dismantling a private pension system and creating a state-run lithium company, finished second with 26% of the votes as he struggled to expand his base. Messrs.
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Far-right lawmaker, ex-protester to meet in Chilean runoffTwo onetime outsiders hailing from opposite extremes of the political spectrum received the most votes Sunday in Chile’s presidential election but failed to garner enough support for an outright win, setting up what’s likely to be a polarizing runoff in the region’s most advanced economy. José Antonio Kast, a far-right lawmaker who has a history of defending Chile’s military dictatorship, finished first with 28% of the vote compared to 25% for former student protest leader Gabriel Boric. A candidate who ran virtually from the U.S. without stepping foot in Chile led the pack of five other candidates trailing far behind.
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Far-right lawmaker, ex-protester to meet in Chilean runoffSANTIAGO, Chile (AP) — Two onetime outsiders hailing from opposite extremes of the political spectrum received the most votes Sunday in Chile’s presidential election but failed to garner enough support for an outright win, setting up what’s likely to be a polarizing runoff in the region’s most advanced economy.
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