Chile Slams World Bank Amid Charges of Political Bias Image President Michelle Bachelet of Chile at the opening of a business forum in Havana, Cuba. Ms. Bachelet, who leaves office in March, was barred by term limits from seeking re-election. Since Ms. Bachelet’s first term in 2006, Chile’s ranking has fallen from 25th to 57th. During this period, it slipped consistently in the years when Ms. Bachelet was in power, but rose during the presidency of the conservative billionaire, Sebastián Piñera, who governed between 2010 and 2014. Mr. Rodríguez, the minister, said he hopes the bank conducts a prompt review to upgrade Chile’s ranking.

Source: New York Times January 14, 2018 02:59 UTC