Chile

• Friday, November 29th 2019 - 09:05 UTC

  Social upheaval torn Chile to sell up to US$ 20 billion to support the Peso

  

  Chile's central bank might sell up to US$20 billion in foreign currency interventions starting on Monday in a bid to stabilize the local currency, the monetary authority said in a statement on Thursday after the peso hit a new all-time low.

• Thursday, November 28th 2019 - 09:55 UTC

  Congress urges Piñera to use the “constitutional tools” to quell the violence. Chilean Peso plummets to new low

  

  Chilean lawmakers agreed late on Wednesday to fast-track reforms to beef up security, warning that a resurgence in violence and vandalism was threatening to derail the country’s 30-year-old democracy.

• Thursday, November 28th 2019 - 09:49 UTC

  Santiago graffiti underline protests' spirit “Never again will they have the comfort of our silence”

  

  A month of intense protests against inequality and police repression in Santiago have transformed the Chilean capital’s streetscape into a caterwaul of graffiti whose messages reflect the deep discontent in this once genteel Latin American city.

• Saturday, November 23rd 2019 - 09:51 UTC

  The Economist and Chile: the painful birth of a different country

  

  In 2014, Michelle Bachelet a Socialist swept into Chile’s presidency for a second time on a program of radical reform of tax, education and pensions. She also aspired to enact a new constitution that would guarantee “more balance between the state, the private sector and society”, as she told your columnist over tea at the Moneda presidential palace. She argued that her “struggle against inequality” was the last chance to deal with discontents that, if neglected, could push Chile towards populism.

• Thursday, November 21st 2019 - 09:55 UTC

  Falklands celebrates “touchdown for the Second Flight” and anticipates a new era of development for the Islands

  

  The elected government of the Falkland Islands announced that a new era has opened Islands with the inaugural Second Flight from São Paulo, Brazil, touching down this Wednesday afternoon at Mount Pleasant Airport.

• Wednesday, November 20th 2019 - 09:59 UTC

  Judge ratifies Wednesday's air link between Sao Paulo and Malvinas/Falklands

  

  Argentine federal judge Luis Rodriguez ratified on Tuesday the green light for Latam's flight, beginning this Wednesday, linking Sao Paulo in Brazil and Cordoba with the Falkland/Malvinas Islands, after throwing out a request to suspend the link.

• Tuesday, November 19th 2019 - 08:34 UTC

  Chile's GDP expands 3.3% in 3Q, but prospects for 4Q are discouraging

  

  Chile's gross domestic product grew 3.3 percent in the third quarter of 2019 compared with a year earlier, the central bank said on Monday. The market had predicted relatively strong growth during the July through September period, citing improving prospects for the country's all-important mining industry.

• Tuesday, November 19th 2019 - 05:31 UTC

  Walmart had 120 supermarkets burnt and looted in Chile; seeks court order for police protection

  

  Walmart has sought court orders for police protection in protest-wracked Chile after more than 120 of its supermarkets were looted or burned. The Chilean subsidiary of the US-headquartered retailer lodged orders with courts in six Chilean cities, saying the attacks on its stores had put its staff's safety and jobs at risk, “gravely” affected its ability to operate in the country and caused it “enormous economic damage.”

• Saturday, November 16th 2019 - 09:59 UTC

  Chilean parties agree on mechanisms to replace the Pinochet era constitution

  

  Chilean lawmakers agreed on Friday to hold a referendum next April on replacing the country’s unpopular Pinochet-era constitution, bowing to demands of protesters who say the country’s decades-old social model has created deep inequality.

• Friday, November 15th 2019 - 09:58 UTC

  Chile's Thursday demonstrations recalled the anniversary of the death of a Mapuche leader by police

  

  Demonstrators gathered in Chile's public squares on Thursday for another round of protests, which have paralysed daily life for almost a month. This time protests were pegged to the anniversary of a young indigenous man Mapuche, who was shot dead by police in circumstances that are still under investigation. At least 24 people have died and thousands injured in clashes between protesters and police.