Chile's economy grew 0.8% in the third quarter compared with the same period in 2013, the worst performance in five years, the Central Bank reported Tuesday. The bank also announced that the basic rate will remain unchanged at 3%.
An estimated 60.000 visitors will be landing in Punta Arenas, extreme south of Chile during this 2014/2015 cruise season, according to the manager of the Austral Ports Company, Ignacio Covacevich Fugellie. This includes 54.000 from international vessels and another 6.500 of Chilean flagged cruises on domestic tours.
Fourteen young footballers from the Falkland Islands will fly to Punta Arenas, Chile with their coaches on Saturday to take part in the Unifying Continents at the South of the World Cup.The Falklands is entering two teams in the tournament that also includes teams Colegio Aleman, Colegio Cruz del Sur, Colegio Britanico, Leumag, and two teams from Club Deportivo Victoria.
The official 2014/2015 cruise season was recently launched in Chile with the announcement that in the November/April period an estimated 200.000 passengers with 168 vessels calling, will be visiting the country. However in an interesting twist for the industry, Chileans admit that together with the cruise companies they are intent in concentrating efforts in what is called 'repeaters'.
In Chile the summer 'high season' is traditionally January and February when most families chose to take their annual holidays and March the month when things 'return to normal', mostly because children return to school.
British and German Embassies in Santiago organized a commemoration event to mark the 100 years of the Battle of Coronel, off the coast of Chile. A hundred years ago November first 1914, one of the first Naval battles of the First World War between the Royal Navy and the German Navy took place 50 miles off the coast of Coronel.
Chile’s Finance Ministry Alberto Arenas, and the World Bank Group (WBG), represented by its Vice President for Latin America and the Caribbean, Jorge Familiar, signed a cooperation agreement to establish in Chile the first Research and Development Center in Latin America, and the second outside Washington, DC.
Mercosur and the Pacific Alliance are not contradictory competing blocks, and can advance towards a mutually beneficial convergence, said Chile's Economy minister Luis Felipe Cespedes during a trade and investment promotion seminar in Brazil.
Scottish Minister for Environment and Climate Change Paul Wheelhouse visited Puerto Montt and Santiago to strengthen links with Chile on fisheries and climate change. Chile and Scotland have two of the largest global aquaculture industries.
One of the UK’s best-known designers, Tom Dixon, presented his most recent collection – entitled ‘Club’ - at an event held this last week at the Interdesign Store in Santiago, marking the launch of the British Month 2014 in Chile.