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Chile


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Chile's peso plunges to 5-year low

Chile's peso, until recently regarded as one of Latin America's strongest currencies, plunged on Friday to a five-year low as global financial panic fuelled demand for dollars.

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Chile plans to take measures against world financial crisis

Chilean government announced Friday that it had decided to take a package of measures to minimize the effects of the international financial crisis. The announcement was made after Chilean Economy Minister Hugo Lavados met with representatives from six sectors of the Production and Commerce Confederation (CPC). Lavados said that they would continue to take measures to increase market liquidity following...

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Chile to increase F16 fighter bombers wing to 44

Chile is interested in purchasing another batch of refurbished F 16 fighter bombers for the Air Force, according to diplomatic sources in Santiago which was partially confirmed by Defence officials. The new fighters to be purchased from Holland would replace the ageing F-5 Tiger III to be decommissioned next year. Chile currently has 28 F-16 fighter bombers, of which ten model C/D Block 50 were purchased...

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Chile’s Officials Hope to Reassure Investors, ETFs

While almost no one is escaping the wrath of the markets, Chile and its exchange traded fund (ETF) could be poised to rebound in good shape if they play their cards right. Finance Minister Andres Velasco sought to reassure the public that while they have been affected, Chile is well-protected from the global financial turmoil. Chile [...]

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Chile's Monetary Policy On Hold

Global financial emergency is changing the course of monetary conditions

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Chile holds interest rates steady

The country's central bank keeps rates at 8.25%, betting that the current global financial turmoil that is expected to slow growth would douse inflationary pressures

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An affair with Buenos Aires

Hello Folks Sorry its been such a long time since we have updated the Blog but well we were just having such a good time in Buenos Aires and San Martin de Los Andes. We are currently in Bariloche in the Argentinian Lake district about to take the plunge further south towards chile and Torres Del Paine. Buenos Aires was fantastic and for us it was a welcome step back into normality after what wa

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Ford to Sell Mazda? Great News for Mazda!

Just read that Ford may sell it's 1/3rd stake in Mazda , and it can't be soon enough for Mazda. Take a look at this photo. It's a four door Mazda Pickup. I took it in Chile last year, along with all of these other pictures of four door Ford Rangers. Four door Ford Rangers! I hear they are made in Mexico, but unavailable for sale in America. Now I have done some really stupid stuff in life... but I'm...

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Photos for Tam

These are some photos for Tam in Chile... though the rest of you may enjoy them as well. Mr. Manley sent some photos of your goingaway party. And Usha sent me some of her photos from visiting the Aquarium when I went up to Boston with her and the kids. I've been meaning to get these up for a while...

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Columntrava

This week, the Port Authority of New York and New Jersey and Santiago Calatrava released renderings of the scaled back World Trade Center Transportation Hub. A/N Blog | NYT CityRoom

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Tennis-Monfils sees off second seed Gonzalez in Vienna

VIENNA, Oct 10 (Reuters) - Eighth seed Gael Monfils upset number two Fernando Gonzalez of Chile 6-3 7-6 on Friday to advance to the semi-finals of the Vienna Open.

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Transparency in politics can lead to greater corruption

Why are some countries more prone to political corruption? Viviana Stechina from Uppsala University, Sweden, has investigated why corruption among the political elite was more extensive in Argentina than in Chile during the 1990s. Among other things, her research shows that greater transparency does not necessarily lead to less corruption.

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First Cup opponent: Real Unión

The Spanish FA held the 2008/09 Copa del Rey draw on Friday, which paired Real Madrid with Second Division B side, Real Unión Club Irún. The first leg of the tie is scheduled for 29 October at Gal Stadium, with the return to be played on 12 November at the Santiago Bernabéu.

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Telefonica corroborates its investment plan of EUR14 bln-EUR16 bln for Latin America (Spain)

Telefonica has confirmed its investment plan for Latin America, media reported. Spanish Telecommunications group is operating in 13 latin American countries including Brazil, Argentina, Mexico, Chile, Peru and Colombia, anticipates investment to be EUR14 billion-EUR16 billion. The group asserts that ‘We have confidence in the region and our future investments remain unchanged as we expect [...]

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Transparency In Politics Can Lead To Greater Corruption

Why are some countries more prone to political corruption? Researchers have investigated why corruption among the political elite was more extensive in Argentina than in Chile during the 1990s. Among other things, her research shows that greater transparency does not necessarily lead to less corruption.