Chile Accord Aims to Unite a Nation Riven by Social Conflict

  • Lawmakers agree on mechanism to rewrite the constitution
  • Chile’s peso rallies 2% at open, paring slump earlier in week

Demonstrators in Santiago, on Nov. 14. 

Photographer: Rodrigo Arangua/AFP via Getty Images

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Chile took a major step toward solving the social crisis that has convulsed the nation for the past month when lawmakers from almost all the parties agreed early on Friday to a mechanism to rewrite the constitution.

There was a palpable air of relief when a visibly tired group of party leaders announced the agreement at about 2:30 a.m. following yet another day of disturbances and fires across the country.