IMF Managing Director Christine Lagarde described Chile as one the most stable and prosperous nations in South America which has enjoyed robust growth over the last decade, but also warned it remains exposed to shifts in commodity prices.
Visiting Chilean president Sabastian Piñera and PM David Cameron reaffirmed the two countries long standing close relations, pledged to increase trade and acknowledged their views on the Falkland Islands and the coming referendum during a meeting on Thursday at 10 Downing Street.
One of Chile’s leading pollsters Adimark GfK announced on Thursday it would not be publishing the political public opinion poll for the month of October because of the high percentage of “no reply” during interviews.
Chilean President Sebastian Piñera shuffled his cabinet to allow ministers with presidential aspirations to leave, as his embattled conservative coalition seeks support before presidential elections in November 2013.
Chilean voters punished the political system with a whooping 60% abstention, and President Sebastián Piñera’s conservative bloc, in municipal elections Sunday, which could be paving the way for the comeback of the left-wing coalition in next year’s presidential ballot.
The influential business newspaper Financial Times dedicated a special edition to the Chilean economic and social situation and concludes that given the massive demonstrations against energy projects and in favour of education reform, “doing business” in the country has become difficult plus there is growing disappointment in the middle class.
Chilean President Sebastian Piñra unveiled an education-heavy 2013 budget bill on Sunday, as he seeks to improve the conservatives’ credentials before municipal elections in October and next year's presidential election.
Chilean president Sebastián Piñera promulgated on Wednesday the education review bill which besides increasing funding by a billion dollars reduces from 6% to 2% the interest rate on loans for students to finance their university fees.
Chile's Congress approved on Tuesday major changes in tax laws aimed to provide funds for an overhaul of the nation's protest-hit schools, handing unpopular President Sebastian Piñera a welcome victory a month from municipal elections.
Chilean President Sebastian Piñera said that his government would not tolerate police brutality. The remarks came after the police was accused of mistreating student protesters who were demanding educational reforms.