Uruguay Faces Crucial Election and Pension Reform Vote
Voters in Uruguay are set to choose a new president while deciding on a contentious pension plebiscite that could impact the nation's economy.
- Uruguay's presidential election features a likely runoff between Broad Front's Yamandu Orsi and conservative coalition's Alvaro Delgado.
- The pension plebiscite proposes lowering the retirement age and increasing payouts, sparking concerns about potential economic ramifications.
- Crime and public safety are major voter concerns, with proposals to allow nighttime police raids amid rising gang violence.
- The pension reform, dubbed Uruguay's 'Brexit moment,' could affect the country's financial stability and investment-grade status.
- Polls show declining support for the pension measure, with 47% in favor, down from 53% in September.