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As José Antonio Kast takes office, Santiago faces a dilemma increasingly familiar across Latin America: how to manage deep economic ties with China while preserving longstanding strategic relationships with the United States.
Security, migration, and growth are voter priorities, and the factors that could determine a winner are still in flux.
Four years after the last local election, the political landscape has shifted significantly. Voters have now favored more moderate political forces, while left-leaning parties have suffered significant losses compared to their 2021 results.
While increased state participation in Chile’s lithium industry aims to maximize national benefits, the potential downsides must not be overlooked.
Realizing the need to make adjustments, Boric has shifted towards the center in his selection of ministers and trimmed his legislative priorities, but it increasingly looks like he has missed his moment.
This comprehensive explainer ventures into how the Inflation Reduction Act benefits Chile, its operational dynamics, areas lacking efficacy, and the adjustments required to optimize its attractiveness for both the U.S. and Chile.