MercoPress. South Atlantic News Agency
London and Chilean stock exchanges are in the process of integration
Finance Minister Felipe Larraín advanced efforts to integrate the Chilean and London stock exchanges during a recent visit to the United Kingdom. A delegation of government officials and business leaders accompanied the minister on his trip to promote foreign investment in Chile. Read full article
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Disclaimer & comment rulesSeems to me Chile is a 'reasonable' sort of a country. Probably got a good claim to the rest of Tierra del Fuego too. Maybe we should them get that and then see if they forge some trade links with the (eventually) independent country of Falkland!
Jul 02nd, 2011 - 06:04 am - Link - Report abuse 0Sounds like an idea :-0
Now, where did Think leave that bag of nails?
Jul 02nd, 2011 - 07:22 am - Link - Report abuse 0Ah! I know now where your financial toxic asset will end. Not enough with ruining Iceland, Ireland and Britain now you go for Chile?
Jul 02nd, 2011 - 08:23 am - Link - Report abuse 0Coming to a country near you .... soon :-)
Jul 02nd, 2011 - 01:42 pm - Link - Report abuse 0Nico,
Jul 02nd, 2011 - 03:35 pm - Link - Report abuse 0The fighting vikings in Iceland said no to the UK and Holland. That's why they recover. Ireland is gone and Britain is also suffering from those tox assets on the banks balance sheets, but as you can read, those two idiots, sticky and Red have no understanding about it and are financially illiterate.
Fido you leave yourself so wide open to comment I do not think it is fair to support your ego by actually replying to the inane comments made above.
Jul 02nd, 2011 - 04:52 pm - Link - Report abuse 0Still Chile,recognize Argentine sovereignity on Malvinas,plus,when they had the earthquake,guess who helped them? Yes Argentina,not uk.....
Jul 02nd, 2011 - 08:00 pm - Link - Report abuse 0Is impossible that uk can help anybody.First they have to help themselves....
7-TE - OK Yes they do sign bits of meaningless paper that have no international value at the OAS and C24 etc to please Christina and stop her from squealing in Pinera,s ear all the time I agree.
Jul 02nd, 2011 - 08:43 pm - Link - Report abuse 0But- how do you explain:
Many people in Magallanes, Southern Chile, talk about the Islas Falklands - not so much the Is malvinas?
Punta Arenas airport flight departure board shows Falklands before malvinas?
Lan airline communicates and likewise Chilean Airtraffic Control also deals with and recognises the existence of:
The Dept of Civil Aviation of the Falkland Islands Govt?
Various other standard International Trade documents are addressed to the appropriate Dept of the Islas Falklands Govt? - not malvinas Arg.
Falkland Islands flagged vessels travel to and from Chile.
Chilean Naval bases are open to and co-operate friendly with with British Naval vessels based in the Islands.
UK actually DID provide assistance to Chile very quickly when they had their big earthquake, here ordinary people raised the equivalent of the people of Argentina (not Govt) donating US400 million - for rebuilding homes and lost possessions.
Suggest like some others on your side - you learn to check a few facts first before typing and looking stupid.
http://www.royal-navy.mod.uk/operations-and-support/surface-fleet/type-42-destroyers/hms-york/news/hms_york_homeward_bo.htm
Jul 02nd, 2011 - 09:20 pm - Link - Report abuse 0And while negotiating the canals, Chile celebrated Naval Day – a national holiday commemorating victory at the Battle of Iquique in 1879.
With two Chilean pilots aboard it was only right and proper that the event was marked with a winter warmer on the bridge wing with toasts and speeches.
Having landed the pilots, York headed north for the second of her homeward-bound challenges. After a week or so at sea she met two Chilean vessels some 60 miles out into the Pacific Ocean for a Replenishment at Sea (RAS).
It’s thought to be the first time in a decade that a British ship has taken supplies from a Chilean tanker (in this case CNS Almirante Montt), which was simultaneously RASing with Almirante Williams – formerly Type 22 frigate HMS Sheffield.
The Chileans do things much as we do – their Navy’s modelled to a considerable degree on the Senior Service and a good few Chilean sailors have ‘enjoyed’ the experience of Operational Sea Training off Plymouth.
I was in Chile three weeks after the earthquake (I was in El Calafate, Argentina, at the time of the earthquake) and one of the statements I heard many times from Chileans was surprise at the help from Argentina; they had not expected it. That was kind of nice, I think, and people seemed genuinely touched.
Jul 02nd, 2011 - 10:42 pm - Link - Report abuse 0If you remember, immediately after the earthquake the officials in Chile were telling the international community that they did not need any help. Very Chilean! But, of course, after about a week that changed when it was realised that offers of help were genuine and heartfelt. I understand help and money was accepted from the UK. It is not a competition when natural disasters happen.
We have received an enormous help from a lot of countries after the Feb 27th biggest hearthquake, incluiding Argentina, UK and Falklands Islands....All of them were very helpful to us and we are sincerilly thankful to all those countries and people that send us their help, in goods or money, within their capabilities.....We feel us compromissed with all of them for that...and of course, if any time our help is needed we will be happy to bing you our support...
Jul 03rd, 2011 - 12:06 am - Link - Report abuse 0Now, related to the main issue, Chile is one (if not the only one) Latam country that can have that kind of arrangements with the European financial markets and this can be a good way to some Latam countries with similar financial policies to reach those markets....Some other have no other options that look at and let it go (those with the contrary financial policies to us, I mean..)....Sorry for them, but it´s a life's fact....
And while negotiating the canals, Chile celebrated Naval Day – a national holiday commemorating victory at the Battle of Iquique in 1879.
Jul 03rd, 2011 - 05:05 am - Link - Report abuse 0Argentina's navy is also modelled on the brit navy.The influence on Argentina,is a lot stronger than Chile's.Buenos Aires,Rosario,has many quarters,similiar to London.
Remember ,the links date back from the Treaty,of comerce and Frienship in 1825....
Now, related to the main issue, Chile is one (if not the only one) Latam country that can have that kind of arrangements with the European financial markets and this can be a good way to some Latam countries with similar financial policies to reach those markets....Some other have no other options that look at and let it go (those with the contrary financial policies to us, I mean
That is your opinion.The system anyway,that rely on capital markets,is shaky.
USA is in a very delicate position,as well as uk, Spain and many others,reliying heavily on services.Nothing can replace,to generate wealth,than the transformation of raw materials in finished goods.
It is calculated,that in average each dollars or peso,sold by a manufacturing company,multiply the value by almost 4 fold.
The GINI index in Chile,is not as good,one of the reason is the very small manufacturing base.Cooper,and fruits has very little value added
@Fido Dido
Jul 03rd, 2011 - 10:22 am - Link - Report abuse 0Yeap : )
12@ Yes, that´s true. But thre fruit and cooper revenues are well managede here and our economy is too much healthy (not as your economy which is very corrupt and coming from a deffault, with pending suites in the US)....that is our value...maybe a little economy but strong, confident and reliable....where the word have a value and the law is acomplished.....and it´s not depending on the mood of a bipolar president or his/her corrupt sorrounding team....or even the police officers are sold for some pesos just for a coffee cup, as I personally have had to pay.....
Jul 03rd, 2011 - 04:02 pm - Link - Report abuse 0Sure,Sergio,still there are thousand of Chileans living in Argentina.....
Jul 03rd, 2011 - 04:23 pm - Link - Report abuse 0There is also big corruption at the political level in Chile.No wonder why you can not touch the military?
I agree,that policeman,are not paid that well,in Argentina,but they are increasing the benefits...
Try the British problem,Sergio...
Jim Rogers: Britain is Bankrupt!
http://www.youtube.com/watch?v=fflOhutJXYY
Jim Rogers Flush your Sterlings Down The Toilet !!!!!!!!!!
http://www.youtube.com/watch?v=fflOhutJXYY
Nice partner,you got with th UK!!
Jim Rogers-Agricultural Commodity Prices To Go Through the Roof
http://www.youtube.com/watch?v=fflOhutJXYY
Guess waht,Sergio: Argentina is an agricultural Power house: Largest producer of Lemmons in the World,2 largest exporter of Soybean,in the world,and the list goes o and on.....
Nice try,Sergio,you should more thankful to Argentina,that harbor soo many Chileans....
And also the huuge amount of help send to you from previous eartquakes,and the recent ones........
Shame on you...
And also the huuge amount of help send to you from previous eartquakes,and the recent ones........
Jul 03rd, 2011 - 05:10 pm - Link - Report abuse 0Shame on you...
“Argies do a lot of work for charidy but don't like to talk about it”. ...
Coming from you is reassuring,stick!
Jul 03rd, 2011 - 06:19 pm - Link - Report abuse 0It is absolutely true that Chile has managed its' economy well. Sure, copper has seen some all-time high prices in recent years. Where Chile differs from other SoAm countries is that it put the excess money in reserve rather than fritter it away as other countries seem to.
Jul 03rd, 2011 - 07:19 pm - Link - Report abuse 0Chile seems to be making a big effort to diversify and not rely on the copper market, but when it supplies 1/3rd of the market and China is such an eager customer, they would be foolish not to enjoy the profits.
I believe they have trade agreements with 47 countries. Other countries could learn a lot from the way Chile has approached other markets.
“maybe a little economy but strong, confident and reliable....where the word have a value and the law is acomplished” I agree.
18@ Thanks for your comment. It has more and clearer info that myself explained before-
Jul 03rd, 2011 - 09:34 pm - Link - Report abuse 015@ But you goget that the most Chilean are living in the Patagonia, which use to be Chilean territory up to 1881 when you robbed it from us because we were finishing a war aginst two other Latam countries at our north border and we weren't in condition to support another one....very good neighbors....so no ammount of money you can send in help to us will pay what we were robbed (and don't foget the Cuyo Province, too)
As final, we are growin up and you are falling down....life's fact......tenientito.
Comment removed by the editor.
Jul 03rd, 2011 - 10:07 pm - Link - Report abuse 0markwhelan, first of all, you're not only an idiot (kool aid drinker) but also a financially illiterate clown who has absolutely no idea what why there is a “Credit” crises in Europe and in the US. What the LSE is doing is nothing more than expending it's “ponzi” scheme and it seems that Chile has no problem with that, because it's weak. the Brazilian Bovespa is actually their real target, but they know they can forget about that.
Jul 04th, 2011 - 01:23 am - Link - Report abuse 0Back to chile. Chile's economy is stable but weak and highly vulnerble. As I type before even Peru beats them. Chile's manufacturing base is close to zero (that's why they have a hight deficits when it comes comes to importing manufacturing goods) and it's economy is largerly based on Copper,and fruits that has very little value added.
“ ... So it is legal,unlike the Malvinas.... ”
Jul 04th, 2011 - 02:53 am - Link - Report abuse 0British ownership of the Falkland Islands is perfectly legal SiEster ... after all, Uti Possidetis De Facto is an ancient law!
Fido (here boy!) you are quite right, the UK is totally broke .... in 2010 the UK's defence budget was 43.8 Billion GBP, in 2011 it's expected to work out at 45.7 Billion, and next year 2012 the budget allocation is going to be a misery 48.2 Billion GBP.
Can hardly afford bullets, a little surprised you don't just walk into the Falkland Islands and take them!
How's your defence spending ?
” ... Historically, Argentina's military has been one of the best equipped in the region (for example, developing its own jet fighters as early as the 1950s); but recently it has faced sharper expenditure cutbacks than most other Latin American armed forces. Real military expenditures declined steadily after 1981 and though there have been recent increases, the defense budget is now around US$3 billion...”
http://en.wikipedia.org/wiki/Argentina
Still ... I hear your armed forces are due a 0.6% increase.....indulge, get yourself a dingy :-)
British ownership of the Falkland Islands is perfectly legal SiEster ... after all, Uti Possidetis De Facto is an ancient law!
Jul 04th, 2011 - 03:24 am - Link - Report abuse 0ahahhaaaaaaaaaaaaaaaaaaaaaaaahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhaaahhhhhhhhhhhhhhhhhhhhhhhhhhhaa!
Why are you loosing every time,lady bug?UN,OAS,Mercosur.....
Here have some lesson of civility,:
Section (6) of UN Resolution 1514 states:
Any attempt aimed at the total or partial disruption of the national unity and the territorial integrity of a country is incompatible with the purposes and the principles of the Charter of the United Nations.
Argentina claims on this basis the restoration of its territorial integrity.
Furthermore, according to a study on the right to self-determination for the UN Commission on human rights (U.N. doc. E/ CN.4/Sub2/204 paras 267-279), Aureliu Cristescu describes the following as 'elements of a definition' of a 'people' that can exercise this right:
The relevant elements are that the term 'people' denotes a social entity possessing a clear identity and its own characteristics, and that it implies a relationship with a territory, even if the people in question has been wrongfully expelled from it and artificially replaced by another population (Quoted from ICJ 1982, p. 32).
This interpretation would clearly favour Argentina's case.
The strongest elements in the British case seem to be its long occupation of the islands and the clear desire of the population to remain under British sovereignty.14 Legally, however, it appears that Argentina has a very strong case. Unfortunately there are sufficient uncertainties in the legal arguments for Argentina's case (just as there are in the British case) that it is not possible to arrive at a definite conclusion.
Furthermore, the text of Security Council Resolution 502 also undermines Britain's authority for military action with the purpose of law-enforcement. The Resolution recalls a previous statement by the President of the Security Council calling on Argen
Fido: ”Back to chile. Chile's economy is stable but weak and highly vulnerble. As I type before even Peru beats them. Chile's manufacturing base is close to zero (that's why they have a hight deficits when it comes comes to importing manufacturing goods) and it's economy is largerly based on Copper,and fruits that has very little value added.”
Jul 04th, 2011 - 03:23 pm - Link - Report abuse 0On what do you base, that the chilean economy is weaker than the Peruvian one? Most exports from Peru are not too different from Chilean ones (Mining, fruits and fishing), except that they do in much smaller dimensions (P: 34Billion vs CH 72 Billon) and with less standardisized methods, eventhough their country doubles the population of Chile. Means, 1 Peruvian exports 1/4 of what a Chilean exports, efectively said.
Furthermore, the hughe investiments of the chilean economic groups in Argentina, Peru, Ecuador and Brazil (even in China if you didn't know) means that we are looking for the money market, energy, retail, airlines, etc. instead the heavy industry.....and we have a very high exchange surplus that we are saving, not wasting it....like others, you know...
Jul 05th, 2011 - 03:28 am - Link - Report abuse 0I think that the Argentine economy is more unstable than our because the legal enviroment is variable depending on the mood of the Gvt. of the moment...ask about that to the farmers, exporters, etc...ask about the grade of you debt in the international financial markets...etc, etc,etc....
Related to the Patagonia, even if there were no inhabitants it's a robbery...or you can take your neighbor's property just because he have no built his house yet ??? That is the classical robber thinking, specialy when the neighbor is diminished because a fight with other neighbors.....
Is that enough for you, tenientito ???
Related to the Patagonia, even if there were no inhabitants it's a robbery...or you can take your neighbor's property just because he have no built his house yet ??? That is the classical robber thinking, specialy when the neighbor is diminished because a fight with other neighbors.....
Jul 05th, 2011 - 08:50 am - Link - Report abuse 0Is that enough for you, tenientito ???
Mira viejito,read even Chilean historian.Like I said,there was almost no Chilean presence.....
Asi que guardate tus sacarronadas para despues
Ye,there are some issues about long term rules,still, the manufacturing base is a lot more diversified...
Argentina might have a slightly more diversified export market, but dont overestimate this. It's just for the gallery, considering that Argentina is even more dependent on the Soja exports than Chile on processed copper (which is way are more processed product). Also consider, that Argentina being a much bigger country than Chile with tripple of population, exports less than Chile. And that thanks to he K government, who does every effort to destroy the trading flows with extra tolls. Argentina probably could export 3 times what Chile does, but fails due to its patchwork economy.
Jul 05th, 2011 - 01:32 pm - Link - Report abuse 0Argentina might have a slightly more diversified export market, but dont overestimate this. It's just for the gallery, considering that Argentina is even more dependent on the Soja exports than Chile on processed copper (which is way are more processed product). Also consider, that Argentina being a much bigger country than Chile with tripple of population, exports less than Chile. And that thanks to he K government
Jul 05th, 2011 - 04:26 pm - Link - Report abuse 0Sure,but argentina,does not need to export that much.The internal market is bigger.They follows what is called import substitution....Strong internal market....
SiEster - as Argentina has never established sovereignty over the Falkland Islands, she cannot claim 'territorial integrity'. In any case 'terrirtorial integrity' is no subservient to 'self determination'. See the Kosovo case.
Jul 06th, 2011 - 02:24 am - Link - Report abuse 0“ ... The relevant elements are that the term 'people' denotes a social entity possessing a clear identity and its own characteristics ..”
The Falkland Islanders ARE a distinct people. They have British citizenship but after 178 years have developed their own identity. Argentina has no case!
SiEster - as Argentina has never established sovereignty over the Falkland Islands, she cannot claim 'territorial integrity'. In any case 'terrirtorial integrity' is no subservient to 'self determination'. See the Kosovo case.
Jul 06th, 2011 - 06:25 pm - Link - Report abuse 0Sure ladybug: Still you are loosing every time at the UN,OAS,Mercosur.By the way the ICJ is part of the UN,did you know that?
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