Chile markets plunge after government hammered in constitution vote ...Middle East

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Chile markets plunge after government hammered in constitution vote
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Chile's markets plunged on Monday after voters propelled leftist and independent groups to victory in an election over who will draft a planned new constitution, a major blow to the center-right ruling coalition that fared far worse than expected. The copper-producing country's bonds, currency and stocks all sank as investors worried that there may be a major overhaul of Chile's market-friendly constitution, dating from the dictatorship of Augusto Pinochet.

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