Elected in an economic upswing, Chile's Kast takes office as global turmoil rattles markets
Pro-life, pro-family Catholic politician and father of nine, José Antonio Kast, has been sworn in as the President of Chile after defeating his communist rival in the election;
By News on the Net Reuters & —— Bio and Archives--March 12, 2026
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SANTIAGO, (Reuters) - Elected on promises of economic growth, deregulation and public spending cuts, local markets rallied after Chile elected far-right Jose Antonio Kast as president in December, but the economic tailwinds have turned turbulent as the Iran war has sent global markets into a tailspin.
Kast, who takes power on Wednesday, is now in charge of managing the turmoil. A spokesperson for Kast's economic team said that no economic contingencies were planned at the moment, but did not provide further details of how recent developments would impact their economic agenda. -- More...
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