Chile

• Wednesday, November 29th 2017 - 07:53 UTC

  Scotiabank en route to becoming Chile's third largest private bank

  

  Bank of Nova Scotia is pushing deeper into Latin America with a US$2.2-billion bid for control of a Chilean rival, looking to ignite its growth as the bank's fourth-quarter profit edged higher but missed expectations.

• Tuesday, November 21st 2017 - 07:32 UTC

  Piñera on the tight rope: math show he can be defeated by left-leaning coalition in December's runoff

  

  The strong performance by Chile’s left-wing parties in Sunday’s election left conservative presidential frontrunner Sebastian Piñera facing a tight battle to win a December runoff and likely opposition to tax breaks in Congress if elected. Piñera came first with more than 36% of the vote, but his two main leftist rivals made a stronger-than-expected showing, garnering a combined 43% between them.

• Tuesday, November 21st 2017 - 07:22 UTC

  Chilean markets didn't like red Sunday: Peso and the IPSA stock market fall strongly

  

  Chilean markets and investors did not like Sunday's election results: the Peso currency and benchmark IPSA stock index fell on Monday after market-friendly presidential candidate Sebastian Piñera garnered less support than expected in the country's election.

• Monday, November 20th 2017 - 11:19 UTC

  Ex Chilean Junta member and supporter of the UK effort during the Falklands conflict has died

  

  Fernando Matthei Chile's ex commander of the Air Force and member of the military Junta, led by Augusto Pinchet, died on Sunday at the age of 92. The former pilot, was the father of Evelyn Matthei, who run and lost against Michelle Bachelet in the 2013 presidential election and since 2016 is mayor of Providencia, one of the main districts fo the capital Santiago.

• Monday, November 20th 2017 - 07:08 UTC

  Piñera and Guillier to a much disputed runoff; far right and far left parties will be decisive

  

  Conservative Sebastian Piñera, who held a commanding lead in Chile's first round of presidential voting, and leftist former TV journalist Alejandro Guillier will contest a runoff next month. Ex-president Piñera had a 36.6% lead to Guillier's 22.7% with more than 98% of the votes, --of a very low turnout, 46.6%--, counted after the first round.

• Saturday, November 18th 2017 - 10:12 UTC

  Massive abstention the main challenge for Chilean Sunday presidential election

  

  On Sunday, Chileans will choose a new president that will rule the country for the 2018-2022 pereriod replacing current president, socialist, Michelle Bachelet. Senators, deputies and regional councilmen will also be chosen on Sunday.

• Friday, November 17th 2017 - 07:14 UTC

  Peru's 2018 Russia World Cup qualifier celebration felt as a minor seism in Chile

  

  Peru went crazy after its national team defeated New Zealand on the final match to qualify for the 2018 world cup in Moscow next year. Thirty million Peruvians had been waiting thirty six years to be back in the beautiful game's world stage, and celebrate they did.

• Thursday, November 16th 2017 - 09:30 UTC

  Argentina en route to becoming region's leading producer and exporter of “white petroleum” lithium

  

  Argentina is disputing with Chile South America’s top producer of the mineral lithium, a key ingredient for the production of electric cars and its rechargeable batteries allowing them to retain energy far longer, and as a consequence its price has soared more than 30% to a record US$ 12.000 a ton this year.

• Thursday, November 16th 2017 - 08:46 UTC

  Pope will underline the plight of indigenous peoples during his coming visit to Chile and Peru

  

  During his visit to Chile and Peru, Pope Francis will honor the country’s religious roots and underline the plight of indigenous men and women. The Vatican said the pope will be in Chile Jan. 15-18, visiting the cities of Santiago, Temuco and Iquique. He then will fly to Peru and, from Jan. 18-21, he will visit Lima, Puerto Maldonado and Trujillo.

• Thursday, November 16th 2017 - 08:39 UTC

  China and Chile agree to upgrade trade accord to take advantage of new technologies

  

  China and Chile have agreed to upgrade their free trade agreement (FTA), a move that will boost both economies, a former official of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) said.