Chile elects hard-right José Antonio Kast as president, marking sharp political shift with focus on security and immigration reform.

At Kast’s victory rally Sunday in Santiago, Chile’s capital, supporters waved American flags, sported red “Make Chile great again” caps and raised banners emblazoned with Milei’s 2023 campaign slogan, “The force of change.”

Sunday's election makes Chile the latest country in Latin America to decisively swing from the left to the right, following Argentina, Bolivia, Costa Rica, Ecuador, El Salvador and Panama. Peru, Colombia and Brazil face pivotal elections next year.

José Antonio Kast, a far-right politician, who has praised Chile's dictatorship, has won the presidency, signaling a sharp rightward shift fueled by fears over crime, migration, and the economy.

Chilean assets reversed early gains on Monday that followed José Antonio Kast’s landslide victory in Chile’s presidential election, as attention switched to whether the ultra-conservative can deliver on his free-market election pledges.

Chile has became the latest Latin American country to ditch the left after voters, driven by fears of crime and migration, elected on Sunday their first far-right leader since the end of a vicious