IBOV 166,841.38 ▼ 0.43% IPC MEX 70,819.80 ▲ 0.91% MERVAL 2,848,945 — — USD/BRL5.49▲ 0.54% USD/MXN18.73▲ 0.60% USD/CLP978.40▲ 1.23% USD/COP3,237▼ 0.41% USD/PEN3.44▼ 0.03% USD/ARS1,545▼ 0.19% USD/UYU40.22▲ 3.24% USD/PYG6,031▲ 4.22% USD/BOB11.94▲ 1.91% USD/DOP60.30▼ 0.33% USD/CRC449.63▲ 2.27% USD/GTQ7.64▲ 3.17% USD/HNL26.87▼ 0.09% USD/NIO36.62▲ 0.07% USD/VES892.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.67% USD/TTD6.64▲ 1.14% EUR/BRL6.16▲ 0.31% BRENT 98.08 ▲ 3.66% WTI 90.71 ▲ 2.94% IRON ORE 161.91 — — COPPER 6.27 ▼ 2.11% GOLD 4,113 ▲ 0.99% SILVER 52.46 ▲ 0.64% SOY 1,192 ▼ 0.15% CORN 441.75 ▼ 0.56% WHEAT 601.50 ▲ 0.50% COFFEE 277.45 ▼ 0.82% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 135.90 ▲ 3.35% COTTON 78.45 ▲ 0.44% COCOA 5,288 ▼ 3.08% BEEF 213.10 ▼ 2.25% CATTLE 318.18 ▼ 4.17% LITHIUM 60.42 ▼ 2.36% PETR4 46.80 ▼ 0.68% VALE3 62.88 ▲ 0.85% ITUB4 39.75 ▲ 0.10% BBDC4 13.88 ▼ 1.28% ABEV3 15.44 ▲ 1.25% BBAS3 16.47 ▼ 0.12% B3SA3 14.22 ▼ 0.56% WEGE3 48.01 ▼ 4.08% PRIO3 62.25 ▲ 0.18% SUZB3 51.82 ▼ 1.01% RENT3 29.46 — 0.00% AZZA3 14.12 ▲ 1.07% CSAN3 2.54 ▲ 6.28% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.62 ▲ 2.55% PSSA3 43.51 ▼ 3.07% CVCB3 0.82 ▲ 1.23% POSI3 3.14 ▼ 0.95% SLCE3 16.32 ▼ 1.69% NATU3 5.29 ▼ 2.40% BRKM5 3.01 ▼ 1.31% RANI3 8.48 ▼ 1.74% CSNA3 4.10 ▲ 0.49% IBOV 166,841.38 ▼ 0.43% IPC MEX 70,819.80 ▲ 0.91% MERVAL 2,848,945 — — USD/BRL 5.48 ▲ 0.45% USD/MXN 18.72 ▲ 0.52% USD/CLP 977.83 ▲ 1.17% USD/COP 3,237 ▼ 0.40% USD/PEN 3.44 ▲ 0.02% USD/ARS 1,545 ▼ 0.19% USD/UYU 40.22 ▲ 3.24% USD/PYG 6,031 ▲ 4.22% USD/BOB 11.94 ▲ 1.91% USD/DOP 60.30 ▼ 0.33% USD/CRC 449.63 ▲ 2.27% USD/GTQ 7.64 ▲ 3.17% USD/HNL 26.87 ▼ 0.09% USD/NIO 36.62 ▲ 0.07% USD/VES 892.65 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.67% USD/TTD 6.64 ▲ 1.14% EUR/BRL 6.16 ▲ 0.34% BRENT 98.08 ▲ 3.66% WTI 90.71 ▲ 2.94% IRON ORE 161.91 — — COPPER 6.27 ▼ 2.11% GOLD 4,113 ▲ 0.99% SILVER 52.46 ▲ 0.64% SOY 1,192 ▼ 0.15% CORN 441.75 ▼ 0.56% WHEAT 601.50 ▲ 0.50% COFFEE 277.45 ▼ 0.82% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 135.90 ▲ 3.35% COTTON 78.45 ▲ 0.44% COCOA 5,288 ▼ 3.08% BEEF 213.10 ▼ 2.25% CATTLE 318.18 ▼ 4.17% LITHIUM 60.42 ▼ 2.36% PETR4 46.80 ▼ 0.68% VALE3 62.88 ▲ 0.85% ITUB4 39.75 ▲ 0.10% BBDC4 13.88 ▼ 1.28% ABEV3 15.44 ▲ 1.25% BBAS3 16.47 ▼ 0.12% B3SA3 14.22 ▼ 0.56% WEGE3 48.01 ▼ 4.08% PRIO3 62.25 ▲ 0.18% SUZB3 51.82 ▼ 1.01% RENT3 29.46 — 0.00% AZZA3 14.12 ▲ 1.07% CSAN3 2.54 ▲ 6.28% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.62 ▲ 2.55% PSSA3 43.51 ▼ 3.07% CVCB3 0.82 ▲ 1.23% POSI3 3.14 ▼ 0.95% SLCE3 16.32 ▼ 1.69% NATU3 5.29 ▼ 2.40% BRKM5 3.01 ▼ 1.31% RANI3 8.48 ▼ 1.74% CSNA3 4.10 ▲ 0.49%
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Chile Markets

Chile moves towards decentralization with the inauguration of new governors

By · July 14, 2021 · 3 min read
Chile moves towards decentralization with the inauguration of new governors

RIO DE JANEIRO, BRAZIL – The governors of Chile’s 16 regions took office on Wednesday in a historic step towards decentralization. Until now, the regional authority was appointed by the Executive.

Until the last elections in June (the first round was held in May), Chile was one of the two countries of the Organization for Economic Cooperation and Development (OECD), together with Turkey, that did not elect its intermediate positions, as neighbors such as Argentina or Peru do.

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The new governors, whose terms will be for four years, will become obvious authorities and, in many cases, territorial counterpowers to the centralized Santiago, where public and business power is concentrated.

The center-left, which had been losing adhesion for years, especially after its defeat in the 2017 presidential election, won 10 regions, including the Metropolitan Region, where the capital is located and where 8 of the country’s 19 million inhabitants live.

“We can have different visions, we can have different ideas, but I hope, and I ask for your help, that never in the heat of the debates, we lose the north, which is the most humble, which are the poorest and the discriminated people in this region,” said during his investiture the brand new metropolitan governor, Claudio Orrego, of the Christian Democracy (DC).

Chile moves towards decentralization with the inauguration of new governors
The center-left, which had been losing adhesion for years, especially after its defeat in the 2017 presidential election, won 10 regions, including the Metropolitan Region, where the capital is located and where 8 of the country’s 19 million inhabitants live
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The ruling Chile Vamos coalition, made up of four right-wing parties, only managed to win in the conflictive Aracuanía (south), which was a major setback for the Chilean president, Sebastián Piñera who will have to deal with a strengthened opposition during the last months of his term.

“This government and the previous ones have not had the capacity to face the problems in the region. The State was not up to the task”, said the new governor of La Araucanía and member of the liberal Evópoli, Luciano Rivas, on a local radio station, about the bitter conflict for decades that has pitted indigenous people against large forestry companies and cattle ranchers in the area.

For their part, the independents without party affiliation and the leftists of the Frente Amplio (FA) have three regional governments and two.

“Our purpose is to fight intensely to combat unemployment, to get the region moving, to put equity at our core and to make Valparaíso a region of rights,” said the new governor, Rodrigo Mundaca, an activist in favor of the right to water in the epicenter of the drought in Chile, at his inauguration.

The entry into operation of the new regional governments has not been without controversy. After a wave of criticism, the government reversed on Monday and reversed a decree that cut almost 1.5 billion from their budget to transfer it to the delegates.

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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