Chile: Radical left and far right favored to win presidential election, move to runoff

Radical left and far right look to end 32 years of dominance by center-left and right-wing coalitions

Leftist Boric enters as the favorite, promises deep pension, education, labor, and tax reforms with far-reaching consequences

Boric's reform promises and alliance with Communist Party scares markets

Far-right Kast surges as counterforce to growing radical left influence

Kast promises to defend status quo, restore public order, slash corporate taxes, and hike pensions

Legislative election should lead to fragmented Congress, forcing moderation from winners