Warning democracy at risk in Chile as violence spikes

Chilean lawmakers agreed late on Wednesday to fast-track reforms to beef up security, warning that a resurgence in violence and vandalism was threatening to derail the country’s 30-year-old democracy.

Five weeks of unrest over inequality and shabby social services have left at least 26 dead and more than 13,500 injured, prosecutors said. Riots have hobbled the capital’s public transport system, once the envy of Latin America, and caused billions in losses for private business.

The deal, struck between ruling party and opposition lawmakers, acknowledged the government had done too little, too late to stem the crisis. “The country is confronting a crisis of violence and vandalism that threatens our democracy,” begins the two-page document.

A fresh round of attacks and rioting earlier this week sent Chile’s peso plummeting to a new low against the dollar at the market close on Wednesday. Forecasts for economic growth and unemployment are increasingly grim.

Via Reuters