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.
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.
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.
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.
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.
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.
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.
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.
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.
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.