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Brazil & Southern Cone - September 2017 (ISSN 1741-4431)

More cracks at the top as economy and finance ministers quit

With just under two months to go until the November general election, Chile’s President Michelle Bachelet received a major setback after Finance Minister Rodrigo Valdés and Economy Minister Luis Felipe Céspedes both decided to quit. The departures, which were linked to the rejection by a ministerial committee of a major mining and port project, point to widening divisions within the centre-left Nueva Mayoría ruling coalition government and are likely to benefit the current presidential frontrunner, former president Sebastián Piñera (2010-2014), of the main opposition centre-right Chile Vamos coaltion.

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