Tag: Chile

Thursday, January 6th 2011 - 20:16 UTC
Chile’s measures to weaken the Peso are working in the short term

Chile's peso was operating Thursday at 495 to the US dollar after depreciating around 6% in two sessions on a 12 billion US dollars central bank intervention program announced this week.
Thursday, January 6th 2011 - 13:36 UTC
US embassy Wikileak questions Chilean president Piñera’s business practices

United States Ambassador to Chile Alejandro D. Wolff apologized to Chile’s President Sebastian Piñera for Wikileak revelations that showed U.S. officials questioning the past businessman practices of Piñera during last year’s presidential runoff race between the Conservative coalition candidate and Senator Eduardo Frei, of the center-left Concertacion coalition
Thursday, January 6th 2011 - 12:19 UTC
Magallanes has the lowest unemployment rate in Chile

Magallanes in the extreme south of Chile became the region with the lowest unemployment in the country during the September-November quarter. According to the official Chilean statistics office the jobless rate in Magallanes dropped to 4.1% compared to the national 7.1%.
Thursday, January 6th 2011 - 12:05 UTC
Record prices for copper plummet the US dollar to new lows against Chilean Peso

The US dollar ended 2010 at a record low vis-à-vis the Chilean peso which has soared on the strong global demand for copper, the country’s main export. On Friday December 31st the US dollar was operating at 467.30 and 467.80 in Santiago’s money markets, which is the lowest since May 19, 3008 with 467.40.
Wednesday, January 5th 2011 - 09:09 UTC
Brazil and Chile Battle Rising Currencies

Brazil on Tuesday threatened tougher capital controls and other measures to keep its currency from rising against the dollar, a day after Chile's central bank unveiled its own $12 billion plan to buy greenbacks.
Monday, January 3rd 2011 - 20:17 UTC
Chile: Police continue evictions of occupied land on Easter Islands

More than 100 Police Special Forces violently evicted Rapa Nui indigenous groups from the Government Plaza in the center of Hanga Roa over the holidays, causing injuries to at least nine people, three of them serious.
Monday, January 3rd 2011 - 00:04 UTC
Alert in southern Chile: magnitude 7.1 earthquake

A magnitude-7.1 earthquake has shaken southern Chile, frightening hundreds of people who fled for higher ground fearing it could generate a tsunami like the one that ravaged the coastline last year.
Wednesday, December 29th 2010 - 07:35 UTC
Mars base in Chile

Scientists from Chile and other countries will build a base in the Atacama desert, the most arid in the world, with the aim of simulating a space colony, along with mobile rocket launch pads and greenhouses as if the site were on the planet Mars, a media report said.
Tuesday, December 28th 2010 - 08:11 UTC
Chilean society rapidly changing: Almost half of households now have one child

Chileans are increasingly choosing to have just one child, a tendency that reflects changes in Chilean society and the fall in the fertility rate, local media reported recently.
Monday, December 27th 2010 - 09:02 UTC
Chilean ovine exports poised to set a new record: 50 million USD in 2010

Chilean lamb and mutton exports are expected to total over 50 million US dollars in 2010, the highest ever, according to “Ovine Consortium” in its latest Ovine Indicators publication where it analyzes the industry’s performance and future both domestically and at international level.