Chile

Large South American economies are dragging down regional growth prospects

Natural disasters will raise fiscal pressures amid weak domestic, export demand

With Bachelet's approval at an all-time low, measures may help to recover impetus for government reform agenda

While immediate disaster response has improved, follow-up failings have longer-term implications

While some measures will be unopposed, changes to water use rights will face obstacles in Congress

The two presidents' respective handling of recent challenges is likely to put Bachelet on the back foot

Rising dissatisfaction with the political system risks weakening institutions and the economic outlook

Various probes into illicit or questionable activities are shaking a country unaccustomed to corruption claims