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Peru’s Bold Challenge to Chile in Copper Dominance

In the realm of global copper production, Peru is setting ambitious goals. Peru aims to exceed Chile's 2023 yield of 5 million metric tons...

Chile’s Stock Market: A Rising Star in Uncertain Times

In Latin America's dynamic economic arena, the Chilean stock market emerges as a beacon of stability and opportunity. Amid Brazil and Mexico's fluctuating political and...

Chile’s Central Bank Moderates Interest Rate to 5.75%

Chile's Central Bank lowered its main interest rate to 5.75%, indicating a cautious economic turn due to rising inflation. This minor quarter-point cut, expected by...

Chile’s Strategic Pivot: A Bold Redefinition of Defense Partnerships

In Madrid's vibrant economic forum, Chilean Ambassador Javier Velasco caused a diplomatic ripple with a bold proposal. He suggested a strategic pivot to Spain for...

Chilean Market Predicts 2.6% GDP Growth in 2024

Chilean market analysts estimate the country's economy will grow by 2.6% by the end of 2024. This prediction comes slightly below the government's 2.7% projection...

Resilient Rise: Chile’s Exports Climb Despite Global Challenges

Between January and May 2024, Chile witnessed a modest yet significant 1.9% increase in goods exports, achieving $41.784 billion in international sales. Significant copper and...

Strategic Seas: Chile and Peru Forge Future Through Shipbuilding Summit

On June 4-6, the thirteenth Chile-Peru Bilateral Staff Meeting was held in Valparaíso, highlighting a leap in naval cooperation. Vice Admiral José Luis Fernández from...

Chile’s Economic Leaders Warn of Inflation and Growth Risks

Amid global uncertainty, Chile's leading economic figures, Central Bank Governor Rosanna Costa and Finance Minister Mario Marcel, voice concerns. They recently discussed the challenges in...

Strategic Waters: US Aircraft Carrier Anchors in Chile for Key Military Drills

On June 4, the impressive USS George Washington, escorted by the frigate FF-15 Almirante Blanco Encalada, arrived in Punta Arenas. Their goal? To engage in...

Starlight Quest in Chile: The Simons Observatory Unlocks the Universe’s Dawn

Nestled in the Atacama Desert, the Simons Observatory is spearheading a cosmic revolution. This observatory, a product of global collaboration with giants like the Simons...

Chile’s Economic Slump: A Second Hit in a Row

Chile's economy has contracted for two straight months due to declines in mining and commerce, dampening early-year growth. April's Monthly Economic Activity Indicator (Imacec), a...

Economic Week: Inflation in Chile and Mexico; Brazil’s GDP Insights

This week brings key economic updates from Latin America, impacting consumer price inflation in Chile and Mexico, and GDP growth in Brazil. Let's dive into...

Chile Captures Uruguayan Hearts as Argentina Loses Its Luster

2023 marked a significant shift in travel preferences for Uruguayans. Traditionally, eight in ten would venture to Argentina, drawn by unbeatable shopping deals and...

Chile Lowers Interest Rate to 6% Amid Economic Shifts

Yesterdfay, the Central Bank of Chile, in a unanimous decision, lowered its Monetary Policy Rate (MPR) from 6.5% to 6%, signaling more cuts may...

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