Chile's Pinera seeks forgiveness from hard-pressed citizens, offers rescue package

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Chile's Pinera seeks forgiveness from hard-pressed citizens, offers rescue packageChile’s President Sebastian Pinera announced an ambitious raft of measures on Tuesday, aiming to quell protests against his government with a guaranteed minimum wage, a hike in the state pension offering and the stabilization of electricity costs. Pinera said he hoped to turn recent violent protests into an “opportunity” for Chile, to “make up for lost time, pick up the pace and take concrete and urgent steps” to resolve inequality that has sent tens of thousands into the streets to demand an economic overhaul and, in some cases, his removal. The pledges came after a tumultuous start to the week for Pinera, who was widely criticized for saying on Monday that Chile was “at war” with violent protesters, as thousands of people held successive, peaceful demonstrations demanding an end to low wages and a high cost of living.


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