The enrolment of foreign students in Chilean universities has grown by 700% this past decade, with North American students leading the pack. Many students are attracted by the opportunity to travel, to learn Spanish and to experience a different culture.
Wikileaks cables last week revealed that the U.S. Embassy in Santiago pressured Chilean government officials in 2009 to change environmental rules so that a controversial thermoelectric plant could be built.
Chile’s President Sebastian Piñera visited both sides of the hotly contested Israeli- Palestine border this weekend. He reasserted his support for an independent Palestinian state, but fell short of formally recognizing the pre-1967 borders.
Chile’s Concha y Toro, Latin America’s largest wine producer, sealed a deal this week with Brown-Forman’s Fetzer Vineyards in a transaction worth 238 million US dollars to purchase its portfolio of American wine brands. The sale is expected to close in April 2011.
Chilean authorities anticipate that for the season 2012/13, Punta Arenas will be in favourable conditions to compete with neighbouring Ushuaia in Argentina. This follows on Chilean initiatives to cut operation costs for cruise vessels dramatically and the lifting of the ban on floating casinos.
Unemployment across Chile grew 0.2% in the last quarter (Oct-Dec) to stand at 7.3% nationally. That equates to 22,000 extra people who are without an income from the end of last year.
The cost of producing energy keeps going up in Chile, as the drought in the north drags on and the international price of petroleum increases.
Punta Arenas in the extreme south of Chile is experiencing a significant drop in the number of cruise visitors this season according to the Austral Port Authority, EPA.
Brazil's civil aviation authority passed on Thursday the planned combination between Brazilian airline TAM and Chilean rival LAN with no restrictions, giving a boost to their project to create Latin America's largest airline and the third largest in the world.
Chilean President Sebastián Piñera arrived in Italy this week for a three-day visit to Italian Prime Minister Silvio Berlusconi and the Vatican. It comes at a difficult time for Berlusconi, who is in the middle of a scandal and allegations of tax fraud and consorting with under-age prostitutes.