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The Chilean Army will train engineers from the Texas National Guard in Magallanes
By Nicolás García
In January 2024, members of the 176th Engineer Brigade of the Texas Army National Guard will participate in a training exercise of...
Chile keeps interest rate at 11.25 % to contain inflation
The Central Bank of Chile agreed to maintain the monetary policy interest rate (TPM) at 11.25 percent yesterday, Friday.
At the same time, underlying inflation...
Chile presents bill to raise standards for pursuing illicit money trail
Chile presented the bill "Economic Intelligence against Crime" this Thursday, which seeks to raise the standards to pursue the route of illicit money in...
Chilean Government decrees “red alert” in the Araucanía region
Chilean Undersecretary of the Interior Manuel Monsalve has recognized that the region of La Araucanía is living in a "red alert" situation due to...
Chilean market projects economy to fall by 1 % in the second quarter of 2023
Chilean market analysts projected a 1 percent drop in the local economy in the second quarter of 2023, the Central Bank of Chile informed...
Chile: Boric says he will not change “direction” after right-wing victory in the constituent vote
Chilean President Gabriel Boric said Tuesday (9) that he would not change his government's "direction" after the right wing's expressive victory in last Sunday's...
Foreign direct investment in Chile increased 34 percent in first quarter of 2023
Foreign direct investment (FDI) in Chile reached US$7.286 billion in the first quarter of 2023, a 34 percent annual increase over the same period...
Argentine oil company YPF and Chile’s ENAP sign agreement to resume crude exports
The Argentine oil company Yacimientos Petrolíferos Fiscales (YPF) yesterday signed an agreement with Chile's Empresa Nacional del Petróleo (ENAP) for the resumption of crude...
Inflation in Chile slowed down, and the CPI pierced 10% year-on-year in April
By Juan Pablo Álvarez
April inflation in Chile was 0.3% month-on-month and stood at 9.9% year-on-year.
The Consumer Price Index (CPI) pierced double digits after twelve...
What Chile’s government lithium policy means for the future of the electric vehicle industry
The global boom in electric vehicle production has caused demand for lithium-ion batteries to skyrocket.
That has made Chile's vast, lithium-rich salt flats an important...
Boric suffers a new defeat; the right wing will be in charge of the new constitution in Chile, not the left
By Alexis Polo González
Despite refusing to be part of the 'Agreement for Chile', an alliance between political parties that started this second constituent process,...
Chilean Government calls to continue vaccination against COVID-19
The Chilean Government yesterday called on the population to continue getting vaccinated to prevent the spread of COVID-19, following the World Health Organization (WHO)...
Chile, the world’s largest copper producer, aims to strengthen its smelting capacity
By James Atwood
Chile, the world's largest copper producer, is opening a public discussion on a new policy for increasing domestic metal processing.
The current government...
Chile will invest US$409 million in the construction of two multipurpose vessels
By Nicolás García
The Chilean Navy and Astilleros y Maestranzas de la Armada (Asmar) signed on August 31, 2022, the contract for constructing two multipurpose...