BRASILIA – The new trend in Latin American trade has a country name: India. In 2017, total trade (imports and exports) of India with the region grew by 30 percent, driven mainly by the import […]
SANTIAGO – Chile posted a trade deficit of $302 million in August, its first in two years, alongside a decline in exports of copper, its principal product, the central bank reported on Friday. Copper exports […]
SANTIAGO – Agrosuper, one of Chile’s top food producers, has reported the purchase of 67% of the salmon company Empresas AquaChile SA to its majority shareholders, in addition to the launch of a Public Offer […]
SANTIAGO – The Santiago Stock Exchange fell slightly on Thursday, as purchases of external funds in leading securities helped offset the initial pessimism by the marked weakness in the price of copper, Chile’s largest export. […]
BUENOS AIRES – Argentine president Mauricio Macri has appointed Finance Minister Luis Caputo as president of the central bank, after the outgoing head of the bank resigned and acknowledged having lost credibility. The surprise shake-up […]
BUENOS AIRES – Argentina’s peso continued its downward slide on Monday, reaching a record low of 26.44 pesos against the U.S. dollar, according to the Argentine central bank. The peso dipped 49 cents, despite Argentina’s […]
BUENOS AIRES – The International Monetary Fund has agreed to lend Argentina up to $50bn (£37.2bn) as the country seeks to bolster its struggling economy. The three-year agreement must still be approved by the IMF […]
SANTIAGO – An oil tanker hauling Iranian crude is making the first delivery to Chile in at least 16 years, the Bloomberg reports. The Monte Toledo, a Suezmax-class tanker able to transport 1 million barrels, […]
CONCEPCIÓN – Finnish company Valmet, known for paper, pulp and energy industries, has decided to build a service center in Chile to further develop its local presence close to customers in South America, it said […]
WASHINGTON – The United States and its traditional allies are on the brink of a full-scale trade war after European and Canadian leaders reacted swiftly and angrily to Donald Trump’s decision to impose tariffs on […]
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