Chilean protesters clashed with security forces on Monday, several hours after embattled President Sebastian Piñera announced a cabinet reshuffle in his latest bid to end 10 days of street demonstrations.
Chilean President Sebastian Piñera said on Monday evening he would meet opposition leaders to forge a “new social contract” to alleviate inequality as thousands of Chileans defied a military curfew in protest marches around the capital Santiago and several other main cities.
APEC finance ministers expressed “moderate optimism” on Tuesday that the United States and China will end their trade war and sign an agreement during the forum's summit in Santiago next month.
Chile's finance minister announced on Monday US$ 600 million in additional stimulus to kick-start the top copper producer's sputtering economy, which has suffered from a downturn in mining and global trade tensions.
Chile plans to roll out a more expansive fiscal policy and additional measures to stimulate economic growth to counter impacts from the U.S.-China trade war, the finance minister said in a newspaper interview published on Sunday.
President Sebastián Piñera Thursday ordered his cabinet to seek ways to stop the trend, following the eighth increase in the price of petrol in as many weeks
Chile's Finance Minister Felipe Larraín justified the seventh increase in as many weeks in the price of petrol because the Fuel Price Stabilization Mechanism (Mepco) has subsidized 50 million dollars so far this year.
A delegation of over 500 investors and businesspersons, as well as officials from the Chilean government, participated on 6 to 7 September in the 13th version of ChileDay. This 2 day event held in London at the Foreign and Commonwealth Office promoted the Chilean financial market to a UK audience.
Chile Day in London will take place on 6-7 September; it was announced at an event in the British embassy in Santiago de Chile. The initiative has grown steadily since its year of inception in 2011 and “this year promises to be a new focus, at an important time for both our countries”, said ambassador Fiona Clouder.
Chile's economy is likely to grow by 3.5% this year on the back of increased confidence in a new presidential administration and in improving global economy, the future finance minister said in a local newspaper published on Sunday.