From Chile to Venezuela and Bolivia to Nicaragua, it’s no understatement to say that Latin America is on fire.
This Sunday, December first members of the HMS Ajax and River Plate Veterans leave for Chile, Uruguay and Argentina to recall events of the 80th anniversary of the Battle of the River Plate, 13 December 1939.
The football federation in Chile has announced it is to cancel the rest of the season due to security concerns following weeks of anti-government protests. All matches were suspended when the violence began six weeks ago.
Chile's central bank might sell up to US$20 billion in foreign currency interventions starting on Monday in a bid to stabilize the local currency, the monetary authority said in a statement on Thursday after the peso hit a new all-time low.
Chilean lawmakers agreed late on Wednesday to fast-track reforms to beef up security, warning that a resurgence in violence and vandalism was threatening to derail the country’s 30-year-old democracy.
Two of Brazil’s former presidents, a chief justice and heads of both chambers of Congress repudiated the country’s economy minister for saying the government might take draconian steps if leftist opponents stirred up protests such as those in Chile.
A month of intense protests against inequality and police repression in Santiago have transformed the Chilean capital’s streetscape into a caterwaul of graffiti whose messages reflect the deep discontent in this once genteel Latin American city.
In 2014, Michelle Bachelet a Socialist swept into Chile’s presidency for a second time on a program of radical reform of tax, education and pensions. She also aspired to enact a new constitution that would guarantee “more balance between the state, the private sector and society”, as she told your columnist over tea at the Moneda presidential palace. She argued that her “struggle against inequality” was the last chance to deal with discontents that, if neglected, could push Chile towards populism.
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.
Walmart has sought court orders for police protection in protest-wracked Chile after more than 120 of its supermarkets were looted or burned. The Chilean subsidiary of the US-headquartered retailer lodged orders with courts in six Chilean cities, saying the attacks on its stores had put its staff's safety and jobs at risk, gravely affected its ability to operate in the country and caused it enormous economic damage.