The political parties Chileans sought on Wednesday to save a second constitutional project from an electoral defeat that would keep in force the Constitution implemented by the military in 1981. The Chilean electorate overwhelmingly rejected a new constitutional text last year and now, according to coincident polls, virtually half of those consulted would vote against […]
Tag: chili
Argentina will export gas to Chile again after thirteen years
Argentina will export again gas to Chili through the Norandino Gasduct thirteen years after doing so for the last time, as reported this Tuesday by the Ministry of Energy of the South American country. Through the pipeline, which crosses the northern provinces of Salta and Jujuy, Argentina will export up to 400,000 cubic meters of […]
ECLAC calls for progress towards “solid” institutionality in Latin America
The executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), José Manuel Salazar-Xirinachs, and the Minister of Social Development of ChiliJaviera Toro, called this Tuesday to move towards a “consolidated and resilient” social institutionality to promote and guarantee economic, social, cultural and environmental rights at the inauguration of the Fifth Meeting […]
Chilean economy falls more than expected in August and declines 0.9% year-on-year
The chilean economy fell in August more than the markets expected and fell 0.9% year-on-year mainly due to the services sector, the central bank. The Monthly Indicator of Economic Activity (Imacec), which is an advance estimate and represents close to 90% of the Gross Domestic Product (GDP) of the South American country, fell 0.5% in […]
Argentina will launch a key pipeline to export oil to Chile
Argentina announced this Tuesday that in October it will launch the new Vaca Muerta Norte pipeline, which is in its final section of construction and will be key for the export of oil to Chili. “In our subsoil is the most important wealth we have to develop Argentina for the next 150 years”The Argentine Minister […]
Chile: “Cancer kills more people than covid-19 and is not overcome like the pandemic”
He cancer “kills more people than covid-19 and it is not overcome like the pandemic”. However, for its combat in Latin America, “You don’t see the same budgetary efforts” that in the face of the coronavirus emergency, stated the executive director of the National Cancer Forum of ChiliCarolina Goic. During the covid-19 pandemic ““We were […]
Aramco: the most powerful oil company in the world arrives in South America and buys Esmax Chile
The Saudi oil giant Aramco arrived in South America and its first foray has been the purchase of Esmax Distribución de Chile, a company that operates the Petrobras license in that country in the retail market. Aramco, considered the most powerful oil company in the world, will acquire 100% of the shares of Esmax, in […]
Chile, OECD country where corporate tax contributes the most to taxation
Chili is the country of OECD in which corporate tax contributes the most to total tax revenue, 24.3% of the total with 2020 data, followed by Colombia (23%) and Mexico (20.1%). They are the only members in which corporation tax (which taxes company profits) represents more than twenty% of total tax revenue, indicates the Organization […]
Hooded men cause riots in march for the 50th anniversary of the military coup in Chile
Hooded men vandalized the exterior of the presidential palace of La Moneda and mausoleums in the main cemetery of Santiago on Sunday, during the march to commemorate the 50th anniversary of the coup d’état against Salvador Allende in Chili. Protesters clashed with police around the government headquarters and in the cemetery where a memorial stands […]
Chile asks to promote intraregional trade in Latin America
The growth potential of intraregional trade in Latin America is enormous but there are obstacles, such as bureaucratic procedures, that weigh down the process, especially for small and medium-sized companies in the region, said the general director of ProChileIgnacio Fernandez. Latin America has a “very low intra-regional trade”among the minors in the world, hence there […]