Chile

Friday, April 22nd 2016 - 06:37 UTC
Cueto group takes major loss because of Latam Airlines performance problems

Latam Airlines Group, made up of Chilean and Brazilian investors, ended last year with losses of 219 million dollars. However during the same period the Cueto family investment group, identified as Costa Verde Aeronautica, CVA, suffered even higher losses, 414 million dollars, mostly because of the performance problem of the largest Latin American airline.
Thursday, April 21st 2016 - 05:11 UTC
Chile downplays Argentina's continental shelf extension which included Falklands and Antarctic territory

A strong controversy is expected following statements from Chilean officials who downplayed the significance of the recent UN continental shelf maritime extension referred to Argentina and which included the Falklands, South Atlantic Islands and Antarctica territory.
Wednesday, April 20th 2016 - 06:01 UTC
Patricio Aylwin, the elected president who steered Chile back to democracy has died

The former president of Chile, Patricio Aylwin, has died aged 97 of natural causes, his family reported. Aylwin, a centre-right Christian Democrat, became president in 1990 and oversaw the transition to democracy following 17 years of military rule under General Augusto Pinochet.
Tuesday, April 19th 2016 - 09:28 UTC
Chile admits differences with the 'new map of Argentina' which extends maritime outer limits

Punta Arenas daily La Prensa Austral points out that a 'controversy is brewing' following the recent 'new map of Argentina' presented by foreign minister Susana Malcorra expanding the outer limit of the country's continental platform according to the UN Commission on the Limits of the Continental Shelf, CLCS.
Tuesday, April 19th 2016 - 01:39 UTC
“Punta Arenas best cruise season in six years”, with 77.248 visitors and 121 calls

Punta Arenas port authorities, in the extreme south of Chile, reported that during this 2015/16 cruise season there was a 35% increase in the number of cruise visitors, 77.248 passengers, and 121 vessel calls, one of the most encouraging in the last decade.
Thursday, April 14th 2016 - 21:08 UTC
Mysterious death of tens of tons of sardines in south Chile; consumption banned

Chile’s government has temporarily banned the consumption of sardines in the south of the country after hundreds of thousands of dead fish turned up floating along the shores of Queule River.
Thursday, April 14th 2016 - 09:23 UTC
Chilean company fined by Argentina after admitting operating with Falklands' license

Argentina's Ministry of Agro-Industry has slapped the maximum fine to a Chilean fishing company, firm Empresas de Desarrollo Pesquero de Chile SA (Emdepes SA), a Chilean subsidiary of the Japanese group Nissui for illegal fishing activities in 2014 in Argentina's EEZ, close to the Falkland Islands.
Tuesday, April 12th 2016 - 22:18 UTC
Punta Arenas cruise season: 29% increase in the number of visitors landings

Almost 30% more cruise visitors landed in Punta Arenas, extreme south of Chile, during the current 2015/16 season which is coming to an end. According to Chile's maritime migration officers, 109.746 cruise passengers and crew members were recorded, which represents a 29% compared to the previous season. The primary report was released by La Prensa Austral.
Wednesday, April 6th 2016 - 07:23 UTC
Panama Papers: Head of Chile's Transparency International has to step down

In another unexpected to come from this Panama Papers scandal, the head of the Chile office of the corruption watchdog group Transparency International has resigned after his name appeared in the data leak.
Monday, April 4th 2016 - 19:15 UTC
Magallanes region has the lowest unemployment rate in Chile, 1.8%

The unemployment rate in Magallanes extreme south region of Chile recorded 1.8% in the December-February quarter according to the country's Statistics Institute, INE, which compares favorably with 2.8% in the previous quarter and the national rate of 5.9%.