Page 5 - MONTT LATIN AMERICAN MAGAZINE, DECEMBER, 2021

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Chile, An Unexpected President
A 35-year-old millennial, who leaps from the Law School of the University of Chile directly to Congress with an audacious project that seeks to bury the free market model, has become the most unlikely president of Chile.
Drafting of Chilean Constitution in Crucial Phase
New authorities were elected in the Constituent Convention who will be in charge of the most arduous part of the Magna Carta, because in the next period the projects that will go to the plenary session for their final approval will finish being forged.
Argentina: Taxes and Compensation for Dismissals
In view of the disapproval of the 2022 budget, the Government authorized the provinces to increase taxes. At the same
time, regulations were issued to modify the duties on personal property.
Brazil: Controversial Budget 2022 Approved
An impressive increase in electoral spending this year characterized Brazilian fiscal spending with an increase that multiplies by three the amount that the political forces received three years ago.
Gabriel Boric: Ideologist of a New Latin American Left?
After the electoral triumph of the Chilean deputy, many wonder if it will be the call to renew the parties of the democratic left of the subcontinent. It is expected to offer a viable economic model and end ideas like the class struggle.
Colombia: A Year of Definitions Begins:
Two major elections will be held this year in the country, to renew Congress and elect a new President of the Republic. At the investor and business level, there is concern about the eventual triumph of a leftist candidate.
Peru: Government Scandals Continue
Confidence is increasingly reduced in the Government of President Castillo, now under investigation by the National Prosecutor for a possible crime of corruption. It would be two millionaire state hires, and also interference in military promotions.
Venezuela: Opposition Presidency Extended
Despite experiencing one of its worst political moments, the opposition prorogued the government of Juan Guaido for a year, while President Maduro celebrated the country’s economic recovery, information received with caution from analysts and independent observers.
Montt Latin American Magazine p5
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