As of midnight Sunday, May 15, Chile implemented winter time to save energy, which means clocks had to be put back a full sixty minutes. The measure is adopted every year following on a resolution from the Ministry of Energy and will be effective until 13 August.
The UK was proud to host the sixth consecutive Chile Day in London, as a major international showcase for Chile’s financial market. The event is attended by business leaders from both Chile and the UK, and this year President Bachelet made a very special appearance during her two-day visit including meeting PM David Cameron at 10 Downing Street.
A small funeral was held in Chile Saturday for Margot Honecker, the widow of former East German leader Erich Honecker. A steely politician in her own right, the 89-year-old died of cancer in the capital Santiago on Friday.
Brazil’s state-run oil firm Petrobras said it has concluded the sale of its 67.2% stake in Petrobras Argentina to Argentina’s Pampa Energía for US$ 892 million, according to a securities filing. Petrobras also sold all of Petrobras Chile Distribución to Southern Cross Group for about US$ 490 million as part of its divestment program, the company said.
Victims of a secretive German colony in Chile hope that Germany's decision to declassify documents will help shine light on human rights abuses committed there. For three decades beginning in 1961, the enclave of Colonia Dignidad, or Dignity Colony, was the site of torture, slavery and child abuse.
Chile's jobless rate rose more than expected in the first quarter as two years of sluggish growth finally caught up with the labor market, signaling stronger headwinds for South America's wealthiest economy.
Magallanes Region in the extreme south of Chile has an unemployment rate of 3.1% during the first quarter of the year, which represents a 0.1 percentage point increase over the same period a year ago, according to the latest stats.
Chilean President Michelle Bachelet and Mining Minister Aurora Williams officially inaugurated Expomin 2016. During her tour through the exhibition, Minister Williams visited the British pavilion, joined by Ambassador Fiona Clouder and UKTI Director Trevor Hines.
The Lord Mayor of the City of London, Jeffrey Mountevans, is leading a business delegation to Chile focused on strengthening the UK’s relationship with Chile and ensure that London and the UK remain its partner of choice for financial and professional services.
Salmon farming company AquaChile reported the detection of a possible ISA virus outbreak in a cage of one of its salmon farming centers located in the Aysen region, in southern Chile.