Tag: chile economy

RIO DE JANEIRO, BRAZIL - Spanish telecomunication giant Telefonica appears set to continue its retreat from Latin America as it stepped up a move to sell its Movistar subsidiary in Chile, as part of an ongoing restructuring plan, El...
RIO DE JANEIRO, BRAZIL - Chile's unemployment rate eased to 10.8% between September and November, the government said on the last day of 2020, but remained well above the same period the previous year as the coronavirus pandemic continued...
RIO DE JANEIRO, BRAZIL - Chile's manufacturing output dropped 1.7% year on year in November, government statistics agency INE said on Thursday, December 31st, falling short of expectations as the coronavirus pandemic continued to weigh heavily in the world's...
RIO DE JANEIRO, BRAZIL - This week, the digital services and software company Google announced the expansion of its cloud computing services in Chile. Cloud Computing refers to the provision of computing services through the internet (the cloud); It...
RIO DE JANEIRO, BRAZIL - China is willing to provide a broader market and more development opportunities for Chile and other countries as it seeks reform and opening-up at a higher level, President Xi Jinping said on Tuesday, December...
RIO DE JANEIRO, BRAZIL - Chile’s economy is expected to grow 1% in November, its first expansion since the coronavirus pandemic struck in March, a central bank poll of analysts showed on Thursday, December 10th. Bank policymakers are expected to...
RIO DE JANEIRO, BRAZIL - Chile’s Central Bank on Wednesday said the economy of the world’s top copper producer would contract by 5.75% to 6.25% in 2020, a sharper fall than previously predicted, as the coronavirus continues to weigh...
RIO DE JANEIRO, BRAZIL - Chile’s Central Bank said on Friday, December 4th, that it will intervene to mitigate a possible uptick in market volatility with a second drawdown by citizens from their privately held pension funds, aimed at...

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