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Currencies across Latin America....>

EMERGING MARKETS
EMERGING MARKETS: Currencies across Latin America suffering on the back of
escalating political risk.
- Chile: Protests that have lasted since October continue to drive peso
weakness. Protestors have declared a national strike, which has been joined by
workers at state-owned copper producer. Gov't offers to rewrite 1980s-era
constitution but protesters demand it decided by referendum not congress. 
- Argentina: Incoming Peronist gov't of Alberto Fernandez risks spooking markets
if it takes a hard-line stance against IMF. Former president and incoming VP
Cristina Fernandez de Kirchner implemented left-wing populist policies and
oversaw 2014 debt default.
- Brazil: Supreme Court ruling that saw former President Luiz Inacio 'Lula' da
Silva released from prison raises prospect of leftist campaign against President
Bolsonaro and Justice Minister Moro (who oversaw Lula's conviction). 
- While not a significant EM in LatAm, power vacuum in Bolivia following
President Evo Morales' resignation and his fleeing the country ensures continued
focus on regional instability. 

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