Chile

• Thursday, May 12th 2022 - 10:10 UTC

  Brazil consumer prices increased 1.06% in April and 12,13% in twelve months

  

  Consumer prices in Brazil increased 1.06% from March, the fastest rise for the month of April since 1996, the Brazilian Institute of Geography and Statistics, or IBGE, said on Wednesday. Prices rose 12.13% from a year earlier, the fastest pace since 2003. In March, prices rose 1.62% from February and increased 11.30% from a year earlier. Again food and transport had a decisive impulse.

• Thursday, May 12th 2022 - 10:08 UTC

  Chile's Lower House passes Escazú treaty bill

  

  Chile's President Gabriel Boric Font Wednesday praised his country's Lower House for approving the Escazú 'green' treaty, which he said was “a milestone” in the path towards a new relationship “between the State and its inhabitants in environmental matters.”

• Wednesday, May 11th 2022 - 20:32 UTC

  Avianca, GOL agree on strategic partnership

  

  A historic agreement has been reached between Colombian airline Avianca and Brazil's GOL whereby both companies will function under the same holding, thus increasing their mutual presence throughout Latin America, it was announced Wednesday.

• Tuesday, May 10th 2022 - 09:54 UTC

  LATAM restructuring plan to be tested 17 May in New York; junior creditors dissent

  

  LATAM Airlines, which filed for bankruptcy in the United States in 2020 after being hit by the coronavirus-related travel downturn, said around 65% of its low-ranking creditors had backed the restructuring plan, which it said was “fair and considered all stakeholders.”

• Monday, May 9th 2022 - 10:55 UTC

  Chilean president will address the Falklands issue with Boris Johnson in Egypt

  

  Chilean president Gabriel Boric will be talking about the Falklands and South Sandwich Islands sovereignty claims with Prime Minister Boris Johnson and Argentine president Alberto Fernandez during the next COP27 scheduled for November.

• Monday, May 9th 2022 - 10:50 UTC

  Air-link Falklands/Sao Paulo “discontinued” or exchanged for a direct flight from Buenos Aires

  

  Argentine media is reporting that Buenos Aires informed the UK is not willing to renew the 2019 political agreement which enabled the establishment of a second air link between the Falkland Islands and the continent (Brazil), but is prepared to discuss a new air link under different conditions.

• Friday, May 6th 2022 - 09:45 UTC

  Chile's base rate increased 125 points to 8,25%, highest since September 2008

  

  Private estimates fell short in Chile on Thursday when the Central Bank monetary policy desk announced an increase in the base rate of 125 points, to 8,25%, the highest since September 2008 in an effort to contain the strong sustained inflation. According to the bank's chair, Rosanna Costa the monetary policy desk decision was unanimous.

• Thursday, May 5th 2022 - 09:52 UTC

  Chile's future constitution makes room for indigenous ancestral land rights

  

  Chile's Constituent Assembly Wednesday approved in a Plenary Session the right of indigenous peoples and nations to their lands, territories, and resources by 106 votes in favor, 37 against, and 10 abstentions.

• Thursday, May 5th 2022 - 09:45 UTC

  Lord Mayor of the City of London on official visit to Chile

  

  As the highest representative of London’s financial district, Lord Mayor of the City of London Vincent Keaveny spent two days this week in Santiago, where he met with government officials, financial associations and representatives of the Chilean business world, with the aim of strengthening trade links between the City of London and Chile.

• Wednesday, May 4th 2022 - 09:58 UTC

  Chilean president rejects a chronic dole claimers system; mentions the Argentine example

  

  Chilean president Gabriel Boric did not have kind words for Argentina's social relief policy when explaining how his administration was going to address support policies in the post-pandemic period and current global war situation, propping the economy and creating jobs.