Pacific Alliance

Tuesday, February 25th 2020 - 07:35 UTC
Chile's main rock festival turned into major clashes and arson between protesters and police

Thousands of protesters armed with stones, sticks and Molotov cocktails clashed with police on Sunday as one of Latin America's biggest music festival opened, in the latest spurt of a four-month-old wave of grassroots anger over economic inequality and other woes.
Saturday, February 1st 2020 - 08:47 UTC
Violence resurgence in Chile: three deaths, looting and torched supermarkets

A man died of carbon monoxide poisoning after a supermarket was torched in Chile's capital Santiago on Friday, bringing the death toll from a resurgence in violent unrest rose to three. A mob looted and then set fire to the supermarket in southern Santiago in the early hours of Friday.
Saturday, January 25th 2020 - 09:15 UTC
Chile's business community anticipates an ailing economy during 2020

Chile's central bank is expected to hold its benchmark rate at 1.75% in January, a poll of 62 traders showed on Friday, then keep it there through 2020 as seeks to spur the ailing economy following months of unrest in the key mining nation.
Saturday, January 25th 2020 - 09:08 UTC
Chile spurring lithium mining: copper giant Codelco joins the exploration

Chile state miner Codelco filed with regulators on Friday a plan to begin exploration for lithium in its Maricunga salt flat holdings, a key step in advancing development of the country's second richest deposit of the metal needed for batteries.
Tuesday, January 14th 2020 - 09:50 UTC
Chile's oil company ENAP faces sanctions for hydro-fracking in Tierra del Fuego

$The country’s environmental superintendent (the SMA) said ENAP had failed to follow protocols in its permits for so-called “hydro-fracking” activities$

Chile’s environmental regulator on Monday charged state oil company ENAP with improper fracking in Tierra del Fuego, a wild, largely unpopulated region at the southern fringe of the South American continent.
Wednesday, January 8th 2020 - 09:46 UTC
Chilean activity down and poor prospects for this year, following weeks of social unrest

Economic activity in Chile dropped 3.3% in November, led by a slump in mining activity, the central bank has said, and officials predicted low growth for the coming year as the country reels from anti-government unrest. The prediction is based on Chile’s economic activity index or IMACEC (Indicador Mensual de Actividad Economica).
Wednesday, January 8th 2020 - 09:40 UTC
University entrance exams in Chile disrupted by students protesting elitism

University entrance exams to be taken by 300,000 students around Chile were disrupted in some cities by fresh protests over inequality and elitism, with some students blocking access to test sites and burning exam papers.
Wednesday, January 8th 2020 - 08:55 UTC
Copper price unlikely to rebound in 2020 forecasts Chile's mining union

The copper price is unlikely to rebound in 2020 even if trade tensions between the United States and China subside, the head of Chile mining trade union Sonami said on Tuesday.
Thursday, December 26th 2019 - 12:15 UTC
Chile: Allegedly intentional fire in Valparaíso consumed around 245 houses at Christmas

A voracious fire in the Chilean city of Valparaíso began on Tuesday and extended until after Christmas Eve on Wednesday, leaving about 245 homes destroyed, 2000 people without power and a dozen injured. The authorities believe that the fires in the tourist city were intentional.
Tuesday, November 19th 2019 - 08:34 UTC
Chile's GDP expands 3.3% in 3Q, but prospects for 4Q are discouraging

Chile's gross domestic product grew 3.3 percent in the third quarter of 2019 compared with a year earlier, the central bank said on Monday. The market had predicted relatively strong growth during the July through September period, citing improving prospects for the country's all-important mining industry.