Boric wins in Chile. In the end, it wasn’t even close. Faced with two diametrically opposed choices for president in Sunday’s presidential runoff, more than 55 percent of Chilean voters went with leftwinger Gabriel Boric instead of his far-right opponent José Antonio Kast. The ten-point gap was so wide that Kast conceded before the count was even done. Boric, 35, now becomes the youngest president of any major nation in the world. Elected just two years after mass protests over inequality shook what was one of Latin America’s most reliably boring and prosperous countries, Boric has promised to raise taxes in order to boost social spending, nationalize the pension system, and expand rights indigenous Chileans. But with the country’s legislature evenly split between parties of the left and the center-right, the new president will likely have to compromise on his sweeping pledge to make Chile the land where neoliberalism “goes to its grave.”
More from GZERO Media
Both Democrats and Republicans are struggling to define themselves amid deep polarization and growing public frustration with Washington. Former GOP strategist Steven Law joins Ian Bremmer on the GZERO World Podcast.
On Ian Explains, Ian Bremmer breaks down the current state of America’s political parties—why the GOP is united behind President Trump and why Democratic infighting has become an existential battle
Artificial intelligence is transforming the global workforce, but its impact looks different across economies. Christine Qiang, Global Director in the World Bank’s Digital Vice Presidency, tells GZERO Media’s Tony Maciulis that while “every single job will be reshaped,” developing countries are seeing faster growth in demand for AI skills than high-income nations.
What We’re Watching: Peru declares state of emergency, Trump to meet Zelensky after Putin call, Bangladesh seeks to end political upheaval
Think you know what's going on around the world? Here's your chance to prove it.
On Monday, Hamas freed the remaining 20 living hostages, while Israel released nearly 2,000 Palestinian prisoners — the first step in the ceasefire deal the two sides struck last week.
Hard Numbers: Chile makes inflation error, Trump indicts ex-ally, Gaddafi’s son seeks freedom from Lebanon, China conduct military purge
Latin America News Agency via Reuters
Latin America News Agency via Reuters
$117 million: Chile’s government admitted it double counted inflation when setting electricity rates, costing consumers about $117 million.
As the US economy continues to defy expectations, Eurasia Group Managing Director of Global Macro Robert Kahn says the key question is whether a slowdown has been avoided or merely delayed. “The headline here is the impressive resilience of the US, maybe also the global economy over the last six months,” Kahn tells GZERO Media’s Tony Maciulis on the sidelines of the 2025 World Bank–IMF Annual Meetings.
Yes, this is real. Puppet Regime Ministry of Merchandise is now OPEN. Head to https://shop.puppetregime.tv to show everyone on the bloc that you support The Regime VERY STRONGLY. #PUPPETREGIME