Chile's Central Bank Wednesday announced an increase of 50 basis points to the Monetary Policy Rate (TPM) which has been now set at 11.25% in a unanimous decision by the Board aimed at tackling inflation.
Chile's Upper House Tuesday ratified by 27 votes in favor, 10 against and 1 abstention, the country's joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which is expected to generate annual revenues of US$ 1.2 billion, it was announced.
Chilean president Gabriel Boric and South Korean Prime Minister Han Duck-soo agreed on Tuesday in Santiago to resume negotiations this year to upgrade a bilateral free trade agreement that went into effect in 2004.
A Chilean opposition Senator has voiced his concern over the recent presence of Argentine Ministers Jorge Taiana, Daniel Filmus, and Carla Vizotti in Antarctica, as both countries' claims over the territory overlap
US Secretary of State Antony Blinken met with Chilean President Gabriel Boric Font Wednesday at the Palacio de la Moneda, in Santiago, to discuss further investments in the South American country, it was reported.
Nicaraguan leader Daniel Ortega Wednesday dubbed Chilean President Gabriel Boric Font a lapdog of the US administration and insisted it had become fashionable to request the release of political prisoners in his country.
Brazil's incumbent President Jair Bolsonaro Tuesday insisted he would be reelected in next Sunday's first round despite all credible polls forecasting that he would be lucky if he can make it through to a runoff against the former head of state Luiz Inácio Lula Da Silva.
Chile's Defense Minister Maya Fernández is to appear before Congress Tuesday to brief lawmakers on the scandal involving the leak of confidential emails among high-ranking military officers.
A large boost for the cruise industry in Chile, according to the leading newspaper of the country, El Mercurio. Royal Caribbean and Punta Arenas airline DAP are planning to invest some 18 million dollars in the construction of a five-star hotel in Puerto Williams, a small town on Chilean territory, Navarino island, across from Argentina's Ushuaia.
Chilean General Guillermo Paiva Hernández has resigned as head of the Joint Chiefs of Staff (EMCO) following the leaking of classified information to the press which went viral Thursday