Chile

• Saturday, January 14th 2023 - 09:51 UTC

  Agriculture emergency in Magallanes Region because of the ongoing drought

  

  Chile's Ministry of Agriculture declared on Friday an agriculture emergency in the extreme south Region of Magallanes and Chilean Antarctica because of the hydric deficit caused by the lack of rainfall. The decision was taken following on experts projections indicating the persistence of “meteorological and hydrologic drought conditions, both reflected in the shortfall of hydric surface and subterranean availability”

• Wednesday, January 11th 2023 - 10:19 UTC

  Despite record exports in 2022, hard times ahead for the Chilean economy

  

  Chile managed a positive foreign trade year in 2022, with exports reaching almost US$ 100 billion, the highest in historic terms, and a surplus of US$ 2,85 billion. The Central bank stats points out that the US$ 97,5bn exports, a 3% expansion over the previous year was achieved despite a strong drop in the value of the country's main export copper, 14%, and an 18% contraction of overseas sales of the red metal.

• Monday, January 9th 2023 - 09:55 UTC

  Chile's Justice Minister resigns to avoid impeachment

  

  Chilean President Gabriel Boric Font accepted during the weekend the resignations of Justice Minister Marcela Ríos and Cabinet Chief Matías Meza Lopehandia, it was reported in Santiago.

• Saturday, January 7th 2023 - 11:20 UTC

  Chile launches aid package as Boric's popularity drops

  

  The Chilean government of President Gabriel Boric Font Thursday announced a new series of measures to mitigate the effects of inflation on the population.

• Friday, January 6th 2023 - 09:59 UTC

  Argentines flock to Chile to buy new tires

  

  Argentine drivers are flocking across the Andes into Chile for the summer vacations and also to purchase new tires which are in short supply nationwide and sell for up to twice as much, it was reported.

• Tuesday, January 3rd 2023 - 10:13 UTC

  Complicated 2023 for the Chilean economy as copper prices slide and political stability is fragile

  

  In early December Chile's central bank said the country's economy was set to contract between 1.75% and 0.75% in 2023, however in 2022 GDP is seen rising 2,4%, with a formidable takeoff in the first half of last year.

• Tuesday, January 3rd 2023 - 09:56 UTC

  Activity at Villarrica volcano warrants upholding yellow alert

  

  Authorities remain on yellow alert regarding the Villarrica volcano after a seismic episode was recorded at 1.07 pm local time on Jan. 1 which was directly linked to the movement of internal fluids, according to monitoring stations

• Saturday, December 31st 2022 - 10:06 UTC

  Chile: 11 social protesters and one guerrilla pardoned

  

  Chilean President Gabriel Boric Font Friday pardoned 12 prisoners who had been arrested during the 2019 social protests and a former guerrilla who fought against then-dictator Augusto Pinochet Ugarte. In keeping his campaign promise, Boric drew heavy criticism from the opposition.

• Thursday, December 29th 2022 - 10:07 UTC

  Chilean timber company leaves highly volatile Argentina

  

  Chilean timber company Masisa Wednesday announced it had liquidated all its assets in Argentina to abandon all its operations in the highly volatile neighboring country.

• Monday, December 26th 2022 - 20:36 UTC

  Chile: Fire in Viña under control but red alert declared in La Araucanía

  

  Chilean authorities announced late Sunday that the fire in Viña del Mar was under control and declared a red alert for a similar incident in La Araucanía.