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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Constitutional Convention Elects Indigenous President, Leftist VP
Chile's Constitutional Convention convened for the first time and was sworn in on Sunday 4 July amidst some rioting in the Plaza Italia near the National Congress building in the capital, Santiago.
- The 155-member convention elected a president and a vice-president on Sunday. Indigenous Mapuche-rights activist and independent convention member Elisa Loncon was elected president in the second round with 98 votes to 33 votes for the second-placed conservative challenger. In the contest for the convention's vice-presidency, leftist law professor Jaime Bassa was elected in the third round of voting with 84 votes to 35 for his nearest challenger.
- The election to the convention, held in May, delivered a shock result. The conservative Vamos por Chile group failed to win the required one-third of seats needed to veto proposals to the new constitution. This means the two-thirds-plus majority of seats held by centre-left, leftist, or indigenous (usually on the left of the political spectrum) representatives will have the ability to reshape Chile's Pinochet-era constitution with little impact from the political right - which currently governs Chile through President Sebastian Pinera's administration.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.