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Chile

Chile’s Unemployment Rate at 8.5% in Early 2024

From December 2023 to February 2024, Chile's unemployment rate increased to 8.5%, a slight increase from the previous year. The National Institute of Statistics (INE)...

Hedge Funds’ Optimism on Copper Signals Growth for Chile, Peru, and Mexico

Hedge funds are increasingly positive about copper, vital for the economies of Chile, Peru, and Mexico. Delphos Investment's report reveals this sector's net copper position is at a 13-month high, showing significant confidence. As of March...

Chile’s Strategic Move in Lithium Sector

On Tuesday, Chile declared its intention to secure a controlling interest in exploring and exploiting significant and safeguarded salt flats, namely Atacama and Maricunga. This...

SQM’s Bold Lithium Expansion in Chile

SQM is expanding its lithium refinery in Chile's Atacama Desert with a $490 million...

Chilean Peso: Standout Volatility in a Stabilizing Latin America

While global currency volatility declines, the Chilean peso remains an outlier in Latin America, defying the region's trend toward...

Chile Witnesses Slight Economic Uplift in 2023

In 2023, Chile's economy experienced an unexpected surge, successfully overcoming the anticipated sluggish growth that characterized the final quarter of the year. During this period,...

Chilean Mayors Request Military Assistance Amid Security Crisis

In Chile, a rising wave of crime prompts mayors from various political backgrounds to seek military help. This call...

Chile’s 2024 Economic Uptick

The Central Bank of Chile announced that the country anticipates a 1.8% economic growth in 2024, with expectations to...

Chile’s $30 Billion Trade in Early 2024

Between January and February 2024, Chile's trade totaled $30.184 billion, marking a minor decline...

Growing Disapproval for President Boric in Chile

Recent polls reveal an increase in disapproval ratings for Chilean President Gabriel Boric by late...

Chile’s Economy Hits New High with Service Sector Boost

In January, Chile witnessed a 2.5% economic upswing compared to the prior year, the highest since June 2022, propelled...