Chile
Chile Boosts 2024 Growth Forecast to 2.7%
The Chilean government raised its economic growth forecast for 2024 to 2.7%, up from 2.5%.
This optimistic projection comes from the Ministry of Finance's first-quarter...
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 shift in Israel's South American diplomacy, amid increasing tensions with...
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...
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...
Global Companies Join Chile’s Lithium Innovation Initiative
In an impressive show of international interest, companies from 12 distinct nations have rallied to a call from the...
Chile’s New Global Lithium Initiative
The Chilean government launched an initiative today, encouraging both domestic and international investors to develop lithium mining projects.
This effort aims to capitalize on Chile's...
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...
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...
Chile’s Steel Industry Dilemma Amid Chinese Imports
In an urgent move, Chilean officials are working to save the country's sole steel mill...
Chile Central Bank Trims Interest Rate to 6.5%
Yesterday, the Central Bank of Chile made a unanimous move to trim the Monetary Policy Rate (MPR) from 7.25%...
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