Augusto Pinochet

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Bus burning during protests in Santiago, Chile

Chile: A paragon of democracy suffers a hiccup

For months now, Chilean protesters have been clamoring for political change. President Sebastian Pinera has tried to assuage tensions by investing in social programs, but the measures have proven insufficient in the eyes of the population, who continues to demand a new constitution. Meanwhile, the Chilean peso has become volatile and foreign direct investment could continue to drop in the months ahead.

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