Latin America must unite in case of attempted coup in Brazil, says Gabriel Boric

Latin America must unite in case of attempted coup in Brazil, says Gabriel Boric
Latin America must unite in case of attempted coup in Brazil, says Gabriel Boric

President of Chile is featured on the cover of US magazine Time; he said he had seen with hope the letter for democracy organized by USP

JUAN BARRETO / AFPGabriel Boric has been president of Chile for less than a year

In an interview with the American magazine Time, the president of the Chile, Gabriel Boricargued that the Latin America should unite if the result of the 2022 elections in Brazil is not accepted by the president Jair Bolsonaro. The idea would be to avoid what he called a coup d’état, as would have happened, according to him, in Bolivia in 2020. Boric also said that he saw with hope the letter for democracy in Brazil, organized by the University of São Paulo (USP). The statements were published four days after Bolsonaro said, during an electoral debate on TV, that the Chilean had set fire to subways in Chile during protests, which caused diplomatic unease. In response, Santiago summoned the Brazilian ambassador, demanding explanations. Gabriel Boric was featured on the cover of Time under the title “The New Guard”. However, in less than a year of Boric’s presidency, the country lost its position as one of the most promising economies in the world and entered an economic crisis, with inflation at 13%, second only to Argentina and Venezuela. GDP, which grew by more than 11% in 2020, is expected to enter recession this year. After Gabriel Boric took office, investors and executives have been taking money out of Chile, prompting the Central Bank to inject billions of dollars into the foreign exchange market to stabilize the value of the local currency, the Chilean peso. In addition, the country had to resort to the International Monetary Fund (IMF), which approved a credit line of US$ 18.5 billion to help face the crisis.

*With information from reporter Victor Hugo Salina

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