Posted September 6, 2022 5:16 pm by Comments

Chile’s draft constitution is seriously flawed (FT) $ (Reddit Non Paywalled)

See: Chile ADRs and Chile ETFs.

  • Chile is the world’s biggest copper producer and its second-biggest exporter of lithium. But the draft charter creates so much legal uncertainty that it risks deterring the big investments needed for new mines.
  • Alarmed by its radicalism and suffering a sharp economic downturn, Chileans have turned against the new constitution. Polls show a slim majority rejecting it (though their reliability is unclear).

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