International

Chilean television advertising slots close ahead of the plebiscite

Photo: EFE

December 15 |

On Thursday ended in Chile the period conceived to display electoral propaganda regarding the constitutional proposal that will be submitted to plebiscite next Sunday, December 17, when Chileans will decide the future of the text drafted by the Constitutional Council.

On December 17, voters will receive a ballot with the following question: Are you for or against the text of the New Constitution? Two options will then appear, in favor of the proposal or against it, for voters to choose the one they prefer.

If the constitutional project is not accepted, the Law of Laws that came into force in 1980, conceived under the military dictatorship of General Augusto Pinochet (1973-1990), will remain in force.

In October 2022, a plebiscite was held on the proposed Magna Carta prepared by the Constitutional Convention, at which time the “Rejection” option won.

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The process is organized by the Electoral Service of Chile (Servel). According to a pre-electoral report made public by the entity, the electoral roll is made up of 15,262,012 people at national level and 127,546 residents abroad.

The agency also detailed that 676,028 foreigners residing in Chile (with at least five years of residence, 18 years of age and without crimes) registered to participate.

On Saturday, December 16, the polling stations will be constituted and their spokespersons will be trained. The following day, the polling stations will open from 08H00 to 18H00 local time. These may be constituted with at least three members and, if they are to remain open beyond 18H00, they will do so until there are no voters left in line who wish to vote.

Voters only need their identity card to vote. This document must be valid, although ID cards that have expired after January 1, 2020 will be accepted. Voters with any type of disability will be able to access the assisted voting option.

According to the current law, voting is mandatory for those who are registered in the electoral roll and reside in Chile. For those who vote from abroad, it is voluntary.

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Chileans who are more than 200 km away from their electoral domicile, are absent from the country or suffer from an illness are excluded from the obligation to vote. Those who are far from their electoral district must -among other requirements- go to the nearest Carabineros Police Station, obtain a certificate and then submit it to a judge when summoned.

Any other impediment for not voting can also be certified, but the seriousness of this cause will be certified by a judge according to the evidence presented by the citizen.

Those who do not vote may be fined from 0.5 to 3 monthly tax units (UTM), that is, from 32,108 pesos to 192,648 pesos (US$36-215).

Chile applies a dry law period. This will start on December 17 at 05H00 and will last until 20H00 local time (two hours after the electoral closing time).

In addition, those commercial establishments that are not attended by their owners will be closed, since election days are declared holidays for workers in this sector. Those who work providing essential services and do not have time off, will receive a two-hour leave to vote.

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International

US panel backs Trump-themed coin amid controversy

The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.

According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.

The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.

“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.

However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.

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“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.

When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.

International

Fed’s Waller warns of rising inflation risks amid Middle East conflict

Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.

Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.

“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.

“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.

Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.

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International

Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint

The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.

In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.

“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.

Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.

The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.