Chile

Thursday, September 2nd 2021 - 09:19 UTC
Nobody goes ashore as ARA Libertad docks in Chilean port of Valparaíso

No crew member of Argentina's training sailship ARA Libertad was allowed to go ashore as the vessel docked in the Chilean port of Valparaíso while diplomatic tension between the two countries mounts.
Wednesday, September 1st 2021 - 09:20 UTC
Chilean central bank surprises markets: basic interest rate doubled to 1,5%

The Monetary Council of the Chilean central bank surprised markets on Monday by deciding to increase the basic interest rate 75 base points to 1,5%, the highest jump since August 2001. According to a bank release, the decision from the council was unanimous, and well beyond market expectations that had estimated an increase of 25 to 50 base points.
Tuesday, August 31st 2021 - 09:45 UTC
Mercosur meat exports facing shortage of containers and regular vessels

Disruptions of global maritime transport and major rivers struck by insufficient water flow to allow vessels to navigate are threatening beef exports Mercosur, including Brazil, Uruguay and Paraguay, when prices for food commodities are rising all over the world.
Tuesday, August 31st 2021 - 08:58 UTC
Piñera's “Ten Pillars” to save water in drought stricken Chile

Chile presented on Monday a “Plan to combat Drought” to increase the provision of water and improve its efficient use thus ensuring the supply for human consumption and the production of food.
Tuesday, August 31st 2021 - 08:56 UTC
Chile announces sanitary protocol for tourists on cruise expeditions to Antarctica

Chile announced on Monday that foreign tourists on cruise expeditions to Antarctica can call and land in the country as long as they comply with a strict sanitary protocol. Andrea Wolleter, head of Chile's tourism services made the announcement following on reiterated petitions from organizations linked to the tourism industry as well as regional and city officials.
Monday, August 30th 2021 - 09:48 UTC
New limits dispute arises between Chile and Argentina

A new controversy regarding boundaries between Chile and Argentina has erupted following the issuance of charts allegedly violation of a 1984 treaty.
Monday, August 30th 2021 - 09:38 UTC
Chile and Argentina agree to discuss ongoing continental shelf differences south of Cape Horn

Chile and Argentina have resurfaced an ongoing dispute over the extent of the continental shelf in the extreme south of the South American continent, but hopefully, both sides have agreed to sit and discuss the issue bilaterally, peacefully and abstaining from any statement and/or action that can hamper the process of a harmonious dialogue.
Monday, August 30th 2021 - 08:14 UTC
Chilean central bank expected to hike the basic rate 25 points to 1%

The Chilean central bank made public on Friday its latest Survey of Financial Operators, ahead of the Monetary Policy meeting scheduled to take place next Tuesday when most market analysts anticipate the bank will decide on a 25 points increase to its basic Monetary Policy rate from 0,75% to 1%.
Saturday, August 28th 2021 - 13:05 UTC
Chilean Senate debates whether to make voting mandatory ahead of November election

The Chilean Senate is debating a bill whether to make voting in national elections mandatory, a highly controversial issue since lawmakers of the ruling coalition are against the initiative while the opposition insists in approving it to increase the participation percentage.
Wednesday, August 25th 2021 - 07:00 UTC
Punta Arenas Antarctic International Center bidding process scheduled for next February

The biding conditions and process for the construction the International Antarctic Center in Punta Arenas, should be ready before the end of the current government of president Sebastián Piñera, according to Magallanes governor Jorge Flies and Jennifer Rogers, presidential delegate for the region.