He Central Bank of Chile On Wednesday, it slightly reduced its projection for the growth of the Gross Domestic Product (GDP) for 2023, which, affected mainly by mining, will not grow or even contract 0.5% according to the entity. The latest Monetary Policy Report (IPOM) reveals an adjustment in growth forecasts this year compared to […]
Tag: chili
Central Bank of Chile cuts benchmark interest rate by 75 points
He Central Bank of Chile cut its referential interest rate by 75 basis points on Tuesday to bring it to 9.5%, as part of the cycle of monetary easing amid lower inflationary pressure. The decision was unanimous. While market operators expected a reduction in key interest to 9.5%, analysts projected a drop to 9.25%. “The […]
Chile’s Codelco cedes 24,000 hectares to newly created glacier park
The state copper company Codelco will give up 24,000 hectares of mining concessions that it owns in the Andes Mountains, around the Chilean capital, for a recently created park of glaciersannounced Monday the chairman of the board. In mid-August, the government published the creation of the Santiago Glaciers National Park, which seeks to protect 368 […]
‘Beige Book’, inflation in Mexico and rates in Chile mark the agenda in America
The update of the economic forecasts of the Economic Commission for Latin America and the Caribbean (ECLAC), and the evolution of prices in Mexico and Colombia during the month of August are some of the main issues that will focus the attention of investors in the American continent in the next few days. These are […]
Government of Chile gives local football an ultimatum to break with bookmakers
The Chilean government gave the National Professional Football Association (ANFP) a period of 30 days to terminate the million-dollar contracts.outside the law” that keeps up with online bookmakers. “In accordance with current legislation (…) we have considered that this activity is carried out outside the law“, said Jaime GajardoUndersecretary of Justice. Starting this Friday, the […]
Chile inaugurates its first green hydrogen production plant
The first industrial plant green hydrogen was inaugurated on Thursday in Santiago to charge the batteries of the forklift cranes of the supermarkets of the American group Walmart who developed this initiative together with the French energy firm engie. The project, which according to the companies is the first in Latin America, involved an investment […]
Boric sees the EU as a “key partner” to prevent Chile from depending only on China
The president of Chili, gabriel boricjudged that it is not good to depend on a single country, alluding to Chinaand therefore go to the European Union (EU) as a “key partner” to diversify the economy of the influence of Beijing, the main trading partner of the South American country. “China is an opportunity as long […]
Chilean government seeks to revive its tax reform in an adverse scenario
The government of gabriel boric will present for the second time this month a bill to raise taxes in Chiliin line with the proposals of other leftist governments in the region, but which will reach the Congress when the economy remains stagnant and there is a political storm over suspicions of corruption. The deputies rejected […]
Boric’s tour in France will bring more foreign investment
The Chilean Minister of Economy, Nicolás Grau, was convinced that the president’s visit gabriel boric to Paris will serve to attract “an even more robust foreign investment from France than it is today” seen the “much interest” of some companies and then “proposals” they have done. Grau, who accompanies Boric in the French capital, explained […]
Singapore passport is the one that allows you to visit more countries in the world, according to the index
He passport of Singapore is the one that allows you to visit the most countries without the need for a visa, followed by those of Germany, Italy and Spainaccording to the global index of the Henley & Parners agency for 2023. Singaporean citizens can visit 192 countries without a visa, compared to 190 for the […]