
The president of Chile’s Central Bank showed pictures and described the virtues of the country’s new 1,000-peso (currently worth about US$2.04) banknote this week. This was the fifth and final addition Chile’s new family of banknotes, which have gradually replaced bills in circulation for 30 years.

It has been a tough and discouraging tourist season this summer for Punta Arenas and its area of influence according to local operators and the hotel industry.

The Chilean government is involved in an aggressive campaign to bolster tourism in the Magallanes region and absorb the impact of the recent protests in the extreme south of the country that paralyzed all activities in the area for several days.