Chile: Preparations for presidential transition under way

Newly elected Sebastian Pinera is expected to target many of the social reforms enacted by the previous government.

by

    Chile's stock index soared, and the currency strengthened a day after the election of billionaire businessman Sebastian Pinera as president.

    He has promised economic growth, but supporters of the outgoing centre-left government say they'll fight to defend its social reforms.

    Al Jazeera's Lucia Newman reports from Santiago.


    YOU MIGHT ALSO LIKE

    'We scoured for days without sleeping, just clothes on our backs'

    'We scoured for days without sleeping, just clothes on our backs'

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Unification: Saladin and the Fall of Jerusalem

    Unification: Saladin and the Fall of Jerusalem

    We explore how Salah Ed-Din unified the Muslim states and recaptured the holy city of Jerusalem from the crusaders.