
Chile's Central Bank Council voted unanimously on Tuesday to lower the Monetary Policy Rate (TPM) to 4.5% in response to a faster-than-anticipated decline in inflation and a stabilizing global economic outlook after holding rates at 4.75% during its previous session.

In his first international trip since winning Chile's runoff election, President-elect José Antonio Kast met with Argentine President Javier Milei on Tuesday at the Casa Rosada. Kast's trip marked a milestone in the relationship between the two Southern Cone nations.

Chilean President-elect José Antonio Kast emerged from his first transition meeting with incumbent President Gabriel Boric at La Moneda Palace on Monday, promising that his incoming administration will be a “much broader government” focused on national unity to address priority issues.

Rightwing candidate José Antonio Kast has been elected the next President of Chile, securing an overwhelming victory in Sunday's runoff with nearly 59% of the vote against the Communist Jeannete Jara's leftwing coalition's 41%.

Chileans head to the polls on Sunday to elect their next president in a high-stakes runoff that pits the governing leftist coalition against the hard-right opposition. The election is highly polarized and will determine the direction of the country amid growing concerns over security, migration, and economic stagnation.

The last presidential debate ahead of Sunday's runoff in Chile between the far-left candidate Jeanette Jara and the ultraconservative José Antonio left mixed feelings Tuesday evening in Santiago as the country prepares for a continuation of Gabriel Boric Font's policies or a sharp U-turn.

An active-duty Chilean Army captain died on Friday after crashing his paraglider on a hillside south of Iquique, in the area known as Palo Buque. The location is frequently used for paragliding training. Chilean regulations treat paragliding as a form of non-conventional flight, requiring adherence to strict safety protocols, formal certification, and respect for established airspace rules.

Chile's State-owned oil company, Empresa Nacional del Petróleo (Enap), has finalized a colossal import deal worth US$12 billion with major Argentine energy producers, securing a critical long-term supply from the Vaca Muerta unconventional field.

Chilean Public Prosecutor's Office found that the sexual exploitation of children in the South American country was a growing structural problem between 2022 and 2024, with female adolescents aged 14-17 disproportionately targeted, prompting authorities to call for stronger state intervention to enforce the Lanzarote Convention.

Recent polling in Chile's presidential runoff election, scheduled for December 14, indicates that conservative leader José Antonio Kast holds a commanding lead over the governing coalition's candidate, Jeannette Jara.