The continuing coronavirus pandemic poses the most significant risk to Chile’s financial system as institutions’ capacity to take mitigating action diminishes, the country’s Central Bank warned in a report on Wednesday.
Chile’s world-leading copper industry will see investment lag for at least two years as the country rewrites a constitution that underpinned nearly three decades of mining growth in the South American nation.
Chile, the world’s largest producer of copper, will use nanoparticles of the metal to disinfect voting centers ahead of this weekend’s referendum on changing the constitution, the government said Wednesday.
The Chilean government is keeping close tabs on a large fleet of Chinese fishing vessels that has stirred up controversy further north along the Pacific coast of South America, Foreign Minister Andres Allamand said.
Chile said last week it would not sign the Escazu Agreement -- a decision that generated surprise and disappointment among environmentalists because along with Costa Rica, Santiago has promoted it since 2012.
Protesters in Santiago defied a citywide lockdown meant to combat the spread of the coronavirus, barricading roads and looting early into the morning on Wednesday in support of a proposal to allow Chileans to withdraw part of their pensions amid the crisis.
Illegal, Unreported, and Unregulated (IUU). These three adjectives ultimately jeopardize the whole of the fisheries sector. IUU fishing can destroy the livelihoods of fishing communities, harm food security and nutrition, damage fair local and international trade, and often give way to unsafe and indecent working conditions, sometimes even crime.
The global copper market is headed for a surplus of between 200,000-300,000 tons in 2020, the head of the miner Antofagasta told Chilean media, with operation halts at some mines offsetting depressed demand due to the coronavirus pandemic.
Chile ordered strict new quarantine measures on three districts in the capital Santiago after a sudden spike in coronavirus cases on Sunday. The health ministry reported a surge of 1,228 new infections, bringing the total to nearly 20,000 nationwide and dealing a blow to hopes it was over the worst of the crisis.
Chile's Navy is preparing to sail two recently retired Australian warships out of Sydney after purchasing them in a deal believed to be worth more than US$ 70 million. Ex-Adelaide-class frigates HMAS Melbourne and HMAS Newcastle were quietly commissioned into their new service this month during a formal handover ceremony between both navies.