A survey of financial operators in Chile anticipates that the aggressive policy of the country's central bank to combat rising prices will continue to hike interest rates, anticipating the basic rate from the bank's Monetary Policy office will be reaching 8% by next May.
Chile's new law banning single-use straws, chopsticks, and plastic cutlery in food vending establishments, as well as plastic bottles in supermarkets, has entered into force since Sunday and will gradually increase its environmentally-friendly mandate in the coming years.
The Economist published on Thursday its Democracy Index for 2021, in which Uruguay was ranked 13th, within the spectrum of “full democracies”, being above the 8 points awarded by the ranking.
A Chilean court Wednesday upheld a decision to keep an Army captain and two other military officers under preventive detention measures for the death of Ecuadorian student Romario Veloz during the 2019 social uprisings.
Chile Monday began applying the fourth dose of COVID-19 vaccine to its population after Jan. 10 additional boosters were injected to people with comorbidities, health care staff and those over 55 years of age as infections due to the Omicron variant was on the rise.
The Punta Arenas port management company, in the extreme south of Chile, has offered a timetable of cruise vessel activities during the first two weeks of February. According to the program, eleven calls are scheduled in the two weeks to 15 February. Until Sunday 6 February six cruise vessels were effectively called.
Foreign Direct Investment, FDI, in Chile during the twelve months of 2021 reached US$ 16,782 billion, the best amount since 2015, according to the Central bank which added it represented a 95% increase over 2020. Overall it was 62% higher than the average of the last five years, and 16% above the 2003/2021 average.
The Chilean Government Sunday announced the resignation of Foreign Minister Andrés Allamand had been accepted and that Undersecretary of Foreign Affairs Carolina Valdivia Torres would become acting minister effective immediately.
While the Winter Olympic Games are set to commence Friday in Beijing, the Government of China has reportedly reached an unwritten understanding with the Office of the United Nation's High Commissioner for Human Rights to postpone the release of a document detailing the findings regarding abuses against the Uyghur Muslim minority in the northwest region of Xinjiang.
The Catholic Church has stripped Tulio Soto Manquemilla off his priesthood after an inquiry showed he had committed a number of actions held as offenses according to Canonic Law, it was announced Thursday.