This week in business: interest rate held, new head of state oil firm

Major stories from the world of finance, trade and economics: provision of land for Isla Chiloé bridge, Expomin conference begins in Santiago. Central Bank maintains interest rate In its monthly meeting, the Central Bank decided Thursday to keep the interest rate at 4 percent amid rising inflation and hopes of improving economic growth. As predicted by the majority of analysts and economists surveyed by Reuters, the rate remained the same this month More...

by Eugene Malthouse | Published 5 hours ago

Government restores tourism funding to 18 zones revoked under Piñera

Areas will once again receive state support and protection from development, overturning a decree signed on the 11th hour by the former president. Eighteen locations across the country, including tourist hub Pucón and the world’s third largest geyser field, will regain status as protected tourist destinations following the government’s decision Monday to renege on a presidential decree signed days before the new administration assumed office.  More...

by Ivan Vargas | Published 22 hours ago

Chilean kids battle for title in robot world cup

A self-taught team of Chilean high school students wins first ever award in a regional robot building competition to move onto the world final. It is not everyday that robots from across the globe battle each other in a match of handball — but that’s exactly what’s happening this week at the 2014 FIRST Robotics Competition. And for the first time a team of young Chileans and their undergraduate mentors have a shot at winning the world championship.  More...

by Amelia Wade | Published 22 hours ago

Disenfranchised Chileans abroad skeptical about foreign voting bill

Chamber backs suffrage for voters outside the country in presidential elections and referendums, but Chileans abroad describe reform as ‘backward step.’ Campaigners remain More...

Social movements unite in push for constitutional assembly

This Sunday political and civic groups gather to further efforts to pressure Bachelet as the president looks to tear up Pinochet’s constitution. Justice Minister José Antonio More...

‘Populist’ young deputies propose slashing parliamentary wages in half

Student-leaders-cum-lawmakers take aim at monthly salaries in Congress currently 41 times the minimum wage, 17 times the average Chilean’s. Former student leaders, current More...

This week in business: interest rate held, new head of state oil firm

Major stories from the world of finance, trade and economics: provision of land for Isla Chiloé bridge, Expomin conference begins in Santiago. President Michelle Bachelet arrived More...

Leading mining event gets underway in Chilean capital

With tens of thousands expected over five days, Expomin 2014 showcases Latin American Mining industry in Santiago. Expomin 2014 runs all week in Santiago. Photo by Magnusvk / More...

Mapuche healer takes guilty verdict in iconic arson case to high court

Defense for Celestino Córdova appeals 18-year sentence for the death of the Luchsinger-Mackay couple at the Supreme Court. Celestino More...

Judge who opposed Pinochet during dictatorship joins Supreme Court

Human rights crusader Carlos Cerda, ‘perhaps, the only one who dared’ challenge the dictatorship via the judiciary, More...

Solidarity in wake of Valparaíso wildfire disaster

International aid initiatives join local efforts to rebuild communities ravaged by the fires and provide relief...

Smoke clears after Valparaíso blaze, challenges of reconstruction loom

The city fire Bachelet called ‘the biggest in Chile’s history’ has been contained after five days...

Chile’s biggest retailer slammed for Valparaíso fire ‘strategy’

As organizations and volunteers from around the world pitch in to help rebuild, Cencosud is accused...

Former Allende minister appointed as ambassador to Venezuela

Ramírez Ceballos returns to the country in which he was exiled amid crisis talks in Caracas, Bachelet also More...

Bolivia submits case for coast to The Hague

Chile will review arguments and evidence presented by Bolivia for its claim to a land corridor connecting the landlocked country to..

Bachelet appoints new ambassador to the United States

President appoints Juan Gabriel Valdés as new ambassador to US, replacing Felipe Bulnes, who will head Bolivian case in The Hague...

Chilean kids battle for title in robot world cup

A self-taught team of Chilean high school students wins first ever award in a regional robot building competition More...

Google Glass ambassadors raising eyebrows and fish in Chile

‘Some children think we are robots’ — the first people to try out the groundbreaking Google eyepiece device in the country..

Government lays groundwork for education overhaul

Ideological split as opposition and government factions wage war of words following senator’s threat to ‘remove the foundations’ of current education..

Latin America’s and Chile’s darkest decades began in Brazil

Fifty years ago this month, a military coup in Brazil ended that country’s democracy and marked the beginning of Latin America’s..

Dealing with a disaster in the age of the Internet

Photo essay: Social media emerges from the ashes of the devastating Valparaíso blaze as a highly efficient tool in coordinating community..

The extraction vs. value added mindset

To become a truly entrepreneurial nation Chile needs to change cultural attitudes that currently favor extraction over value creation. I was..