Tag: Chile

Wednesday, August 27th 2014 - 07:12 UTC

Controversy in Punta Arenas on servicing cruise vessels this coming season

According to Punta Arenas port company, 103 cruise vessels will be calling this coming September/April season

Controversy has erupted in Punta Arenas as to the consequences for the cruise season of the damage suffered by the Mardones jetty after a container vessel crashed into its structure.

Wednesday, August 27th 2014 - 06:51 UTC

Argentina and Chile navies in confidence building exercises in Beagle Channel

The exercise identified as “Viekaren” are held annually since both countries put an end to the dispute over Beagle waters and islands

Argentina and Chile announced on Monday the launching of the annual naval exercise known as “Viekaren” (confidence in Yamana language) in the extreme south of the continent where the two countries territorial waters meet.

Wednesday, August 27th 2014 - 02:51 UTC

Chile ready to act as a 'bridge' between Mercosur and the Pacific Alliance

Latin American integration means having “a converging vision so we can be stronger” at global level, said Riveros

Chile is ready to act as a 'bridge' between Mercosur and the Alliance of the Pacific so that Latin American can have a greater presence in the world state, said Chilean Deputy foreign minister Edgardo Riveros during a conference in Sao Paulo at the Lula da Silva think-tank.

Saturday, August 23rd 2014 - 07:14 UTC

Despite overall slowing down in Chile, Magallanes region continues to grow

Despite less Argentines tourists and coal market with little demand, fisheries, aquiculture, beef and wool have helped the region's economic activity

Although overall Chile is undergoing a period of economic deceleration, which the government is trying to address with lower rates and full execution of public works investments, the Magallanes region in the extreme south of the country was among those with the best performance in the second quarter having expanded a healthy 2.8%.

Saturday, August 23rd 2014 - 06:46 UTC

Chilean Peso depreciation expected to continue in coming months

The Chilean currency has slipped 19% versus the dollar since January 2013

The US dollar climbed to 584 Chilean Pesos at the end of trading in the Santiago money market, signaling a slow but steady increase for several months now and with prospects of continuing according to analysts. A greenback at 600 Pesos is not far away according to market analysts.

Wednesday, August 20th 2014 - 09:43 UTC

Chile's economy cooling faster than expected: weakest pace since 2009

The reading “was a reflection of the weak performance of the majority of economic sectors” said the central bank

Chile's GDP grew at its weakest pace since 2009 in the second quarter as investment waned and a previously rapid expansion in consumer spending slowed, central bank data showed. The economy grew 1.9% in the second quarter compared with a year ago, or a seasonally adjusted 0.2% compared with the first quarter.

Tuesday, August 19th 2014 - 09:10 UTC

Chilean ferry strikes rocks and is half sunk in the Puerto Natales/Puerto Montt link

The Navimag ferry Amadeo I listed and half sunk in the Kirke pass

The Chilean navy is deploying two vessels to contain possible fuel leaks, in the area where a Navimag ferry on Monday morning struck a group of rocks and is half sunk and half resting on a beach.

Tuesday, August 19th 2014 - 08:05 UTC

Falklands' war statements from Chilean minister praised by Argentine peer

”Statements on the Malvinas war from minister (Jorge) Burgos have been well received by the Argentine people”, said Rossi

Argentine Defense minister Agustín Rossi praised on Monday his Chilean peer statements relative to Chile's role and attitude during the Falklands war when Britain sent a task force to expulse the Argentine military invasion in 1982.

Monday, August 18th 2014 - 06:52 UTC

“Chile not proud of Falklands war support”, but “proud of peace treaty with Argentina”

 “Next 29 November we are celebrating the 30th anniversary of the Peace and Friendship Treaty signed by the Argentina and Chile at the Vatican”

Defense minister Jorge Burgos said that most Chileans are not proud of the attitude of the Pinochet dictatorship when the Falklands/Malvinas war, but also admitted it happened at a very different and difficult moment in the relations between Chile and Argentina.

Thursday, August 14th 2014 - 06:19 UTC

Santiago's security chief fires following the record “embarrassing” robbery

“While the investigation is being carried out, the security chief of the airport has been relieved from his duties,” Minister Burgos told a news conference.

Chile has fired the security chief of the country's main airport after an “embarrassing” robbery of more than 10 million dollars at the cargo terminal. Defense Minister Jorge Burgos said a probe had been launched into how eight armed men had managed to steal the money from a security van at the airport in the capital, Santiago.


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