Chilean markets and investors did not like Sunday's election results: the Peso currency and benchmark IPSA stock index fell on Monday after market-friendly presidential candidate Sebastian Piñera garnered less support than expected in the country's election.
The presidential and parliamentary elections in Chile will take place next Sunday, with the conservative candidate and ex president Sebastian Piñera, the favorite to win, according to surveys.
Conservative presidential candidate Sebastian Piñera is maintaining a wide lead in the polls ahead of Chile's November election, though the race to challenge him in a potential runoff is tight, according to a monthly survey. Piñera, who was president of Chile between 2010 and 2014, captured 34% of voter intentions in the survey by GfK Adimark, up from 32% last month.
Michelle Bachelet is set to resume her former position as president of Chile in March 2014 after a resounding second round victory against her opponent and former childhood playmate, Evelyn Matthei. In an acceptance speech late Sunday night the president-elect touched on two key platforms of her campaign: free higher education and a new constitution.
Voter turnout in Chile's extreme north and south fell far short of national average, and candidates will look further afield for votes in upcoming elections December 15. As Chile’s presidential candidates turn their heads to the country’s far-flung regions, a report by La Tercera demonstrates the particularly high rates of abstention in rural areas in both the extreme north and south.
Chile's ruling-party candidate Evelyn Matthei said she is “embarrassed” by the “poll festival” that shows opposition candidate Michelle Bachelet as the clear front-runner ahead of the country’s November 17 presidential election. Several polls have shown former president Bachelet could have enough votes to win in the first round of voting.
Chilean president Sebastián Piñera defended the need for an only candidate in the ruling coalition for the coming presidential election of November and considered it should be a woman, suggesting the name of Labour minister Evelyn Matthei.
Chilean conservative presidential candidate Pablo Longueira unexpectedly quit his campaign due to depression, his son said, dealing another blow to an already weakened right-wing bloc four months from the general election.
One of Chile’s leading pollsters Adimark GfK announced on Thursday it would not be publishing the political public opinion poll for the month of October because of the high percentage of “no reply” during interviews.
Chilean President Sebastian Piñera shuffled his cabinet to allow ministers with presidential aspirations to leave, as his embattled conservative coalition seeks support before presidential elections in November 2013.