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Chile

Diplomatic Chess: Israel’s Strategic Shift in South America

In response to Chile excluding Israeli firms from the 2024 FIDAE, Israel will relocate its military attaché, Colonel Amit Guy. This move marks a significant...

Chile Unveils World’s Highest Observatory

On April 30, 2024, Chile inaugurated the Atacama Observatory of the University of Tokyo (TAO) at 5,640 meters in northern Chile, marking a notable achievement. Recognized as the highest astronomical observatory in the world, TAO...

Global Powers Eye Maritime Potential of Chile’s Punta Arenas

Punta Arenas, set against the backdrop of the Magellan Strait and snow-capped mountains, has evolved from a scenic port to a global maritime hub. This...

Global Companies Join Chile’s Lithium Innovation Initiative

In an impressive show of international interest, companies from 12 distinct nations have rallied...

Copper Output Dips at Chile’s Codelco After Accident

Codelco, a state-owned leader in global copper supply from Chile, faces a dip in production this month due to...

Chile’s Emerging Role as a Service-oriented Economy

In the first quarter of 2024, Chile's service exports surged to a record $674 million, a notable 42.7% increase from the prior year. The Undersecretary...

Bright Prospects for Chile in 2024

Chile's economy is on an upbeat path, with market analysts now predicting a 2.7% growth in the current quarter,...

Chile Sees Lower-than-Expected Inflation Rise in March

March brought a smaller-than-anticipated increase in Chile's consumer prices, easing concerns at the Central Bank amid slow inflation decline...

Chile Advances in Pacific Alliance Modernization

Chile advanced international cooperation with the Chamber of Deputies committee approving a Pacific Alliance...

Chile Central Bank Trims Interest Rate to 6.5%

Yesterday, the Central Bank of Chile made a unanimous move to trim the Monetary Policy...

Chile’s Economy Marks Strongest Growth in Two Years

Chile's economy is showcasing signs of robust growth, with a notable 4.5% increase in February, the highest in almost...