Carnival-Mardi Gras.  02/28 Closing Prices / revised 03/03/2025 08:41 GMT | 02/28 OPEC Basket $75.16 +$0.18 cents | 02/28 Mexico Basket (MME) $65.63   -$-0.65 cents 01/31 Venezuela Basket (Merey)  $66.86   +$5.73 cents  02/28 NYMEX Light Sweet Crude  $69.76 -$0.59 cents | 02/28 ICE Brent $73.18 -0.86 cents  02/28 Gasoline RBOB NYC Harbor  $1.9703 3.3% 02/28 Heating oil NY Harbor $2.3549 –1.7% | 02/28 NYMEX Natural Gas $3.834 -2.5% | 02/28 Baker Hughes Rig Count (Oil & Gas) 593 +1 | 03/03 USD – Dollar/MXN  20.4540 (data live) 03/03 EUR – USD  $1.0416 (data live)  03/05 US/Bs. (Bolivar)  $64.48840000 (data BCV) Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters Carnival-Mardi Gras.

Chile Delivers Final Constitution Draft as Skepticism Runs High -Bloomberg

The Constitutional Convention meets at the former Chilean National Congress in Santiago. (Bloomberg). Ceremony caps one year of intense debate and article votes Charter will be put to nationwide referendum on Sept. 4

Eduardo Thomson, Bloomberg News

SANTIAGO
ENergiesNet.com 07 05 2022

Chile’s Constitutional Convention presented the final version of the charter that will be put to a referendum as a growing number of voters question the broad changes it would enact from social rights to political rules.

The institution’s leadership handed the draft to President Gabriel Boric at a closing ceremony on Monday in Santiago. On Sept. 4, Chileans will decide whether to approve the new magna carta or stick with the current document implemented during the 1973-1990 military dictatorship. 

The ceremony caps a year of debate and votes in a process sparked by Chile’s biggest social upheaval in a generation. If approved, the document would mark a shift away from market-friendly rules by strengthening workers’ rights, boosting environmental protection, overhauling water ownership and giving indigenous groups a bigger say in investment projects. Polls suggest the changes may have gone too far, with more voters inclined to reject the draft.

“The perfect constitution doesn’t exist, and this isn’t the exception,” said Gaspar Dominguez, the convention’s vice president. “This draft constitution isn’t a magic wand that will solve our problems, but rather it’s a better toolbox that we can use to advance with solutions.”

September’s vote will also be key for Boric’s administration, which would have an easier path to implement its policy proposals if the current constitution is replaced. Boric has expressed his support for the convention, while also saying that both the options of approving or rejecting the draft are legitimate. 

The percentage of voters intending to reject the draft surged to 51% from 33% in January, according to the latest survey from pollster Cadem. Support for the “approve” option has fallen to 34% from 56% in the same period.

Some of the draft’s most controversial proposals include articles that replace the senate with a regional chamber and create a parallel justice system for indigenous groups. The charter also incorporates new considerations into central bank policy making and protects glaciers from mining.

“We have had to write this text in the midst of social tensions and an unprecedented social-environmental crisis during a pandemic and while new wars happen in the world,” said Maria Elisa Quinteros, the convention’s president.

bloomberg.com 07 04 2022

Share this news

Leave a Comment


 EnergiesNet.com

About Us

 

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, Petroleumworld.com
, EnergiesNet.com™  /
Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia

 

Energy - Environment

No posts found!

Point of View

EIA Total Energy Review
This Week in Petroleum