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Chile News

  • Netanyahu’s Historic Latin American Tour to Highlight Israeli Tech Sector

    ISRAEL, 2017/09/10 Latin America is “hungry for Israeli technology,” a senior Foreign Ministry official said Tuesday ahead of Prime Minister Benjamin Netanyahu’s historic visit to the region next week. Deputy Director General at the Foreign Ministry’s Latin America and Caribbean Division, Modi Ephraim, said the visit will have historic significance, as it will be the initial by a sitting Israeli prime minister.
  • PM Netanyahu leaves on historic visit to Latin America

    ISRAEL, 2017/09/10 Israeli Prime Minister Binyamin Netanyahu will leave on Sunday evening for a working visit to Latin America. During his trip, Netanyahu will visit Argentina, Colombia and Mexico. This will be the initial visit by a sitting Israeli Prime Minister to Latin America. Paraguayan President Horacio Cartes will travel to Buenos Aires to meet Netanyahu. Netanyahu leaves for trip to Argentina, Mexico, and Columbia, then meets world leaders at UN General Assembly in New York. Accompanying Netanyahu is a delegation of Israeli businesspeople from the fields of agriculture, water, communications and energy. Members of the delegation will hold commercial meetings with their local counterparts. Eonomic events will as well be held in Argentina and Mexico, led by Netanyahu and the Argentine and Mexican heads of national.
  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • Chile presidential candidate Pinera would modify pension system

    CHILE, 2017/08/03 Chilean presidential candidate Sebastian Pinera said on Wednesday that the national would increase its support of poorer pensioners if he were elected, but he stopped short of the additional radical reform proposed by incumbent President Michelle Bachelet. Conservative hopeful Pinera led Chile between 2010 and 2014 and is the favorite to win the November vote or the likely second round run-off in December.
  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
  • China looks to deepen ties with Latin America

    ARGENTINA, 2016/12/03 China's president, Xi Jinping, has embarked on a week-long visit to Latin America that will include national visits to Ecuador, Peru and Chile. Mr Xi's trip comes instantly on the heels of a US presidential election that has called the next of US-Latin America relations into question, and highlights China's emergence as a key trade and investment partner for the region.
  • Chile Student Protests 2016: Police Arrest 117, Use Tear Gas During Education Reform Demonstration

    CHILE, 2016/05/28
  • Chile Inflation closes 2015 above Central Bank's target range

    CHILE, 2016/01/16 In December, consumer prices were unchanged over the previous month, matching November’s reading. According to the Statistical Institute, the result mainly reflected that higher prices for transport were offset by lower prices for food and non-alcoholic beverages. Inflation rose notably from November’s 3.9%, which had marked the lowest price since March 2014, to 4.4% in December. As a result, inflation ended 2015 above the upper bound of the Central Bank’s target range of 3.0% plus/minus 1.0 % point.
  • Chilean peso depreciates to multi-year low at the beginning of 2016

    CHILE, 2016/01/16 The Chilean peso weakened to a fresh low in January, continuing the in general depreciation trend that has been in place since May 2013. The peso was somewhat volatile in recent weeks and on 11 January the currency traded at 731.9 CLP per USD, which was the weakest price in a lot of years. The reading represented a 3.2% depreciation over the same day in December 2015 and a 19.1% depreciation in annual terms. Since the beginning of this year, the peso lost 3.2% of its price.
  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.