An 8.8-magnitude earthquake off Russia's Kamchatka Peninsula triggered tsunami warnings and alerts across the Pacific. In Chile, the Navy's Hydrographic and Oceanographic Service (SHOA) initially issued a preliminary tsunami warning for the Atacama, Coquimbo, and Valparaíso regions, with a “caution” for the rest of the coast.
Add your comment!Chile's Central Bank Council unanimously decided Tuesday to cut its monetary policy interest rate (TPM) by 25 basis points to 4.75%. This is the first reduction this year, bringing the rate to its lowest level since January 2022, after it had been held at 5% since December 2024.
Add your comment!Uruguay and Chile advanced their collaboration on policies related to memory, truth, and justice regarding past human rights violations.
Add your comment!Chile is set to begin the construction on its first pier in Antarctica by the end of 2025, a strategic project with an investment exceeding US$52 million. This initiative aims to bolster Chile's infrastructure on the continent and reaffirm its Antarctic territorial claims.
Add your comment!Chilean Chief Prosecutor Ángel Valencia reckoned Thursday that authorities in his country were grappling against transnational crime networks engaging in activities like drug trafficking, migrant smuggling, and sexual exploitation, which marks a significant shift from previous criminal activity and poses new challenges.
Add your comment!Progressive leaders convened in Santiago de Chile Monday at the Democracy Forever event hosted by President Gabriel Boric Font, during which they concurred on the importance of strengthening multilateralism in a world facing deep uncertainty. This summit was a continuation of the In defense of democracy: fighting extremism initiative, previously held during the 79th United Nations General Assembly.
Add your comment!The Presidents of Chile, Uruguay, Brazil, and Colombia, plus Spain's Prime Minister, are to convene on Monday in Santiago to share the so-called “Democracy Forever” event, a follow-up to a 2024 initiative focused on combating extremism. This year's agenda will cover strengthening democracy and multilateralism, reducing inequalities, as well as combating disinformation and regulating emerging technologies.
US President Donald Trump on Tuesday announced a historic trade agreement with Indonesia, personally negotiated with President Prabowo Subianto, that significantly alters trade terms between the two nations.
Chilean President Gabriel Boric Font enacted Chile's new Fisheries Division Law (Law 21,752) on Thursday, a landmark piece of legislation that rebalances fishing quotas in favor of the artisanal sector. The signing into law follows its successful passage through the Constitutional Court. Joining Boric at the ceremony were Economy Minister Nicolás Grau and Undersecretary of Fisheries Julio Salas.
Chilean President Gabriel Boric Font will host a High-Level Meeting Democracy Forever Summit on July 21 at the Palacio de la Moneda in Santiago with fellow progressive Presidents Yamandú Orsi (Uruguay), Luiz Inácio Lula da Silva (Brazil), and Gustavo Petro (Colombia), in addition to Spanish Prime Minister Pedro Sánchez.