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Montevideo, May 24th 2025 - 21:31 UTC

Chile

  • Friday, August 9th 2024 - 10:55 UTC

    Milei tours Vaca Muerta and Chile with a focus on energy investments

    We have the second-largest shale oil reserves in the world and we can be an exporting power, Milei argued

    Argentine President Javier Milei resumed his mileage accruing habit Thursday with a trip to Vaca Muerta in the Patagonian province of Neuquén and later to Santiago, where he met with local businessmen but not with Gabriel Boric Font.

  • Thursday, August 8th 2024 - 20:36 UTC

    Santiago's electricity company given ultimatum

    In case of failure, the Government would move on to the adversarial phase, Pardow explained

    The Chilean Government of President Gabriel Boric Font Thursday gave the electricity company Enel until midnight local time to reconnect the service to some 20,000 households in the Santiago Metropolitan Region (MR) where the outage reached its seventh day in a row. Energy Minister Diego Pardow held a press conference to explain the impending steps to terminate Enel's concession should it fail to deliver.

  • Wednesday, August 7th 2024 - 22:09 UTC

    Boric angry as Santiago power cuts reach 6th day

    “We are talking about a regulated monopoly,” Boric stressed

    Chilean President Gabriel Boric Font Wednesday instructed the Energy Ministry to review the agreement whereby the company Enel has been awarded the right to provide the Santiago Metropolitan Region with electricity after the outage affecting some 60,000 households reached its sixth consecutive day.

  • Wednesday, August 7th 2024 - 09:00 UTC

    Lula lays the foundation stone of Chile's Space Center

    “There is no activity today that does not require space infrastructure,” Lula underlined

    Brazilian President Luiz Inácio Lula da Silva Tuesday laid the foundation stone of Chile's planned Space Center at the Cerrillos Air Base in Santiago during a ceremony also attended by his local colleague Gabriel Boric Font. The two countries also signed a Memorandum of Understanding on Cooperation in Space Activities for Peaceful Purposes.

  • Tuesday, August 6th 2024 - 10:12 UTC

    Lula and Boric agree to have Bioceanic Corridor operational by 2025

    The two leaders also signed 19 bilateral agreements

    Presidents Gabriel Boric Font and Luiz Inácio Lula da Silva Monday agreed on the importance of speeding up the construction of the bioceanic corridor. They made those remarks while appearing at the Chile-Brazil Business Forum in Santiago. Later in the day, they also signed 19 bilateral understandings.

  • Monday, August 5th 2024 - 08:52 UTC

    Lula lands in Chile to boost bilateral ties

    Lula was welcomed by Foreign Minister Alberto van Klaveren

    The Brazillian Air Force (FAB) jet carrying President Luiz Inácio Lula da Silva landed in Santiago Sunday evening. The visiting head of state was welcomed by Foreign Minister Alberto van Klaveren ahead of Monday's meeting with his Chilean colleague Gabriel Boric Font.

  • Friday, August 2nd 2024 - 10:19 UTC

    Chile's Central Bank keeps TPM interest rate unchanged

    The TPM is thus expected to keep dropping “during the monetary policy horizon” but not now, the bank insisted

    Chile's Central Bank decided this week to keep the monetary policy interest rate (TPM) unchanged at 5.75%, it was announced in Santiago after Wednesday's monthly Council meeting during which July's 0.25% lowering from 6% was upheld.

  • Monday, July 29th 2024 - 23:55 UTC

    Venezuela expels ambassadors from Chile, Uruguay, and other countries following election controversy

    Gil stated that Venezuela would withdraw its diplomatic personnel from these countries and demanded their representatives leave Venezuelan territory immediately.

    The regime of Venezuelan President Nicolás Maduro has expelled ambassadors from Argentina, Chile, Costa Rica, Peru, Panama, the Dominican Republic, and Uruguay. This move follows widespread international condemnation of the recent presidential election results, which declared Maduro the victor amidst allegations of significant irregularities.

  • Friday, July 26th 2024 - 10:53 UTC

    Maduro's “bloodbath” message turns leftwing governments against him

    Lula, Boric, and Petro insist Maduro needs to accept the outcome of Sunday's elections

    Leftwing governments in South America seem to have turned their backs on Venezuelan ruler Nicolás Maduro after he forecasted last week that his country would be heading for a bloodbath if he failed to win Sunday's presidential elections.

  • Thursday, July 25th 2024 - 11:19 UTC

    Chilean fruit exports grow 9% in first semester of 2024

    “The export of services from Chile was already a record last year, and this year is heading for a new all-time high,” Fernández Ruiz pointed out

    Chile's agricultural sales abroad in the first semester of 2024 amounted to over US$ 7 billion, almost 9% more than in the same period of 2023 thanks in part to a public-private cooperation strategy promoted by the Undersecretariat of International Economic Relations and ProChile, the Ministry's Department in charge of offering and promoting national products and services to the world.