Yellen to visit Brazil for G20 meeting, Chile for bilateral talks
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will join finance officials from the Group of 20 major economies for meetings in … Read more
Chile
Chile mining body says new lithium projects needed beyond SQM, Albemarle
By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) – The head of one of Chile’s top mining associations on Tuesday urged the government to … Read more
Chile, Mexico presidents call for democracy, Santiago protests flare on eve of coup anniversary
SANTIAGO (Reuters) – The presidents of Chile and Mexico called for the strengthening of democracy in Latin America during a joint address on Sunday to … Read more
Chile heavy rains likely caused over $1 billion in agriculture losses
SANTIAGO (Reuters) – Heavy rains in Chile’s central south farming region last week may have caused at least $1 billion in losses, according to estimates … Read more
Rate hike push slows in July as Chile marks turn of the EM cycle
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of interest rate hikes across major developed and emerging economies shifted into … Read more
Chile to start rate cuts, signaling more across the region
By Fabian Cambero SANTIAGO (Reuters) – Chile is expected to cut its benchmark interest rate on Friday, the first major Latin American economy to do … Read more
Chile miners, facing higher taxes, seek faster permits, lower energy costs
By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing … Read more
Chile govt lowers forecast for 2023 economic growth
SANTIAGO (Reuters) – Chile’s government now expects gross domestic product (GDP) to grow 0.2% in 2023, Finance Minister Mario Marcel told the Senate on Wednesday, … Read more
US House Speaker McCarthy threatens to block funding for Chile waiver program
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy on Friday threatened to use congressional appropriations to block funding for a U.S. visa waiver … Read more
Codelco CEO steps down as Chile copper giant faces ‘complexities’
By Fabian Cambero SANTIAGO (Reuters) -The CEO of Chile’s state-owned mining giant Codelco is stepping down after only a year in the role, citing person … Read more
Chile central bank activates counter-cyclical capital buffer
SANTIAGO (Reuters) – The board of Chile’s central bank on Tuesday activated a counter-cyclical capital buffer, setting the measure at 0.5% of risk-weighted assets for … Read more
Chile miner Codelco and BHP sign sustainable mining agreement
SANTIAGO (Reuters) – Chile state-owned miner Codelco and multinational miner BHP Group signed a knowledge-sharing agreement on sustainable mining, Codelco said in a statement on … Read more
Chile peso to hold stable as economic and political worries fade: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – The Chilean peso is set for a period of stability as economic and political worries continue to fade, … Read more
Argentina’s lithium pipeline promises ‘white gold’ boom as Chile tightens control
By Lucila Sigal BUENOS AIRES (Reuters) – In Argentina’s mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock … Read more
China EV maker BYD to build $290 million battery component plant in Chile
HONG KONG (Reuters) – China’s BYD Co Ltd, the world’s largest electric vehicle (EV) maker, plans to build a $290 million lithium cathode factory in … Read more
Chile cenbank boosts GDP forecast for 2023 but lowers 2024 estimate
SANTIAGO (Reuters) – Chile’s central bank on Wednesday improved its expectations for the country’s economic growth this year but lowered estimates for 2024 as high … Read more
Chile economic activity index posts surprise annual fall in February
SANTIAGO (Reuters) – Chile’s IMACEC economic activity index dropped 0.5% in February compared to the same month last year, data showed on Monday, well below … Read more
Foiled multimillion dollar airport heist leaves two dead in Chile
SANTIAGO (Reuters) – A foiled multimillion-dollar heist at Chile’s largest airport left two dead on Wednesday morning, highlighting concerns of rising crime in the Andean … Read more
Was the poet poisoned? Chile awaits new report on Neruda’s death
(Reuters) – A third inquiry into the death of Chilean poet Pablo Neruda 50 years ago could shed new light on whether he was poisoned … Read more
Chile, Colombia call for extraordinary OAS meeting after Brazil riots
SANTIAGO (Reuters) – Chilean President Gabriel Boric called for an extraordinary meeting of the Organization of American States (OAS) on Monday to address riots in … Read more
Chile copper exports total $4.28 billion in December
SANTIAGO (Reuters) – Chile, the world’s top copper producer, saw exports of the red metal reach $4.28 billion in December, down 13.2% from a year … Read more
Chile mining royalty bill progresses after committee approves
SANTIAGO (Reuters) – A Chilean congressional committee approved on Wednesday a controversial mining royalty bill, putting it a step closer to final approval as part … Read more
Chile to open embassy in Palestinian territories, says president
By Natalia A. Ramos Miranda SANTIAGO (Reuters) -Chile plans to open an embassy in the Palestinian territories, President Gabriel Boric said late on Wednesday, which … Read more
World Court urges Chile and Bolivia to cooperate on Silala river
By Stephanie van den Berg THE HAGUE (Reuters) -Judges at the World Court ruled on Thursday that Chile and land-locked Bolivia now agreed on previous … Read more
Fonterra divests Chile operations for $641 million to Peru’s Gloria Foods
(Reuters) -New Zealand’s dairy exporter Fonterra Co-operative Group said on Friday that it was selling its dairy operations in Chile to Peruvian firm Gloria Foods … Read more
Chile copper production down 4.27% in September – Cochilco
SANTIAGO (Reuters) – Chile’s total copper production fell 4.27% in September to 428,300 tonnes, government body Cochilco said on Thursday. Production from state-owned giant Codelco … Read more
Latam Airlines pilots in Chile vote to strike on eve of Chapter 11 exit
By Alexander Villegas and Natalia A. Ramos Miranda SANTIAGO (Reuters) – The largest pilots union of Latam Airlines in Chile voted to strike on Wednesday, … Read more
Mining giants warn Chile mining royalty would impact investment
SANTIAGO (Reuters) – Mining giants BHP and Antofagasta Minerals said on Wednesday that a mining royalty bill in Chile would affect competitiveness and encourage miners … Read more
Scattered clashes in Chile mark third anniversary of riots
SANTIAGO (Reuters) – Scattered clashes around Chile between protesters and police on Tuesday marked the third anniversary of widespread protests against inequality in 2019 that … Read more
Chile authorities scour mountains for missing British astronomer
By Natalia A. Ramos Miranda SANTIAGO (Reuters) – Chile authorities on Wednesday were scouring an arid mountainous region of the country in a search for … Read more
Chile to issue $12 billion in debt in 2023
By Rodrigo Campos NEW YORK (Reuters) – Chile estimates it will issue $12 billion in total debt next year and the largest budget increases will … Read more
Chile launches plan to boost investment to address weakened economy
By Natalia A. Ramos Miranda (Reuters) – Chile’s government launched a plan on Monday to promote investment into 2023 that includes an array of tax … Read more
Chile Importations From Mexico Heating Up at the Columbus Port of Entry
COLUMBUS, N.M. – U.S. Customs and Border Protection agriculture specialists assigned to the Columbus port of entry are busier than ever processing dozens of chile … Read more
Chile Rejects Leftist Constitution In National Vote By Wide Margin
Chile Rejects Leftist Constitution In National Vote By Wide Margin Arjun Singh on September 5, 2022 Chile rejected a proposed constitution in a national plebiscite … Read more
Explainer-Is Chile about to tear up its Pinochet-era constitution?
By Fabian Cambero SANTIAGO (Reuters) – Chileans will head to the polls on Sunday to approve or reject a new constitution that would replace the … Read more
Chile interest rate expected to rise to 10.5% in September -cenbank poll
SANTIAGO (Reuters) – Chile is expected to raise its benchmark interest rate this month to 10.5% from 9.75%, a central bank poll of traders showed … Read more
Chile central bank modifies norms for access, functioning of foreign exchange market
(Reuters) – Chile’s central bank modified the norms that regulate the access and functioning of the formal foreign exchange market, it said in a statement … Read more
IMF board approves $18.5 billion flexible credit line for Chile
(Reuters) – The Executive Board of the International Monetary Fund (IMF)approved a flexible credit line of around $18.5 billion for Chile to “augment buffers and … Read more
Chile dictates measures against mining company for giant sinkhole
SANTIAGO (Reuters) – Chile’s SMA environmental regulator said on Tuesday it had issued a series of measures against a copper mine owned by Canada’s Lundin … Read more
In northern Chile, miners ask government to curb crime, robberies
By Fabian Cambero SANTIAGO (Reuters) – The mining industry in Chile, the world’s largest copper producer, on Tuesday called on the government to take action … Read more
Santander Chile CEO to step down in August
MEXICO CITY – Santander’s Chile chief executive, Miguel Mata Huerta, will step down on August 1, the banking unit said in a filing Wednesday to … Read more
Amazon Web Services to invest more in Chile and Latin America
By Fabian Cambero SANTIAGO – Amazon Web Services (AWS), a unit of Amazon.com Inc, expects sustained growth in Chile and the rest of Latin America … Read more
Chile sharply raises estimates for inflation in 2022; GDP seen up 1.6%
By Fabian Cambero SANTIAGO – Chile’s government on Tuesday sharply increased its estimates for the country’s inflation in 2022, saying it now expects an 11.1% … Read more
Chile announces $1.2 billion aid plan amid surging inflation
SANTIAGO – Chile’s government on Monday announced a $1.2 billion economic aid plan that includes bonuses and labor subsidies as the Andean nation struggles with … Read more
High school on fire: violent protests by kids rock Chile
By Natalia A. Ramos Miranda SANTIAGO – As Chilean school kids start winter vacation, they leave behind a semester marked by violence. Several high schools … Read more
Chile central bank mulled 150 point rate increase at May meeting, minutes show
SANTIAGO – Chile’s central bank considered raising the benchmark interest rate by up to 150 basis points at its last meeting due to persistent inflationary … Read more
Chile interest rate seen rising to 9% in June- analyst poll
SANTIAGO – Chile is expected to hike its benchmark interest rate to 9% in June, a central bank poll of analysts suggested on Tuesday, as … Read more
Inflation eating into Gold Fields’ Chile project, CEO says
By Promit Mukherjee and Helen Reid CAPE TOWN – Surging inflation is eating into gold miner Gold Fields’ contingency cost buffer for its Salares Norte … Read more
Chile consumer prices up by higher-than-expected 1.4% in April
SANTIAGO – Chile’s consumer prices rose 1.4% in April boosted by rising costs in food and non-alcoholic beverages, the government’s statistics agency said on Friday. … Read more
Mexico seeks lithium association with Argentina, Bolivia and Chile
MEXICO CITY -Mexico is working with governments of Argentina, Bolivia and Chile to create a lithium association so the countries can share their expertise to … Read more