Chile

Monday, May 16th 2022 - 08:58 UTC
Chile's Constitutional Convention releases draft

Chile's Constitutional Convention Sunday published the draft of the text it penned to replace the Carta Magna inherited from 1980 and which was inspired by former military dictator Augusto Pinochet.
Monday, May 16th 2022 - 01:02 UTC
China's Sinovac Biotech building vaccine plant in Chile investing US$ 100 million

Chinese pharmaceutical Sinovac Biotech Ltd which makes one of the vaccines against Covid 19 most in several Latin American countries initiated on Thursday the construction of its first fill and finish plant in Chile, consolidating its presence in the Latin American country that has used its Covid-19 shot the most.
Thursday, May 12th 2022 - 19:32 UTC
CAM calls for Mapuche armed resistance in southern Chile

Despite the head of state's pro-Native People's rights stance, a Mapuche group in southern Chile Wednesday likened current President Gabriel Boric Font to his rightwing predecessor Sebastián Piñera and called for armed resistance in the face of a possible military deployment.
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.