Political developments has had Electoral implications in Latin America this week. In Chile, following elections in December last year, former president Sebastián Piñera is set to now start his new term, replacing socialist leader and the country’s first woman elected president Michelle Bachelet. Both Mr. Piñera and Miss Bachelet are trading powers of the presidency “for the third time in 12 years”. In Colombia - where a historic peace deal was signed with former terror group the Revolutionary Armed Forces of Colombia, or FARC, in 2016 - candidates who vowed to dismantle portions of the historic accord instead made strong showings. FARC, on the other hand, made a miserable showing in congressional and presidential primary elections, winning fewer than 90,000 votes. Continue reading →