Chile

Political uncertainties and low commodity prices are undermining business confidence and the investment outlook

New cooperation agreements highlight business-friendliness, but will add little to current trade and investment flows

Lack of cohesion is undermining the government's credibility and prospects for its reform programme

Morales stands to gain domestic political support from the case, whereas Bachelet probably does not

The oil price has entered its second bear market in just over a year

Lack of rainfall is exacerbating long-standing problems of air pollution in Santiago and other cities

Confidence in the government's problem-solving capacity is waning along with economic growth

The impact of planned reforms will be key for Bachelet to recover lost political initiative