This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
29 matching records found
The US copper fund CPER rose 0.79% to US$40.63 on Monday 12 October while Southern Copper and Freeport slipped, and Chile and Peru stay in focus. The post Copper Fund Rises 0.79% to US$40.63 as Miners Slip | Copper, Oct 12 appeared first on The Rio Times.
Escondida copper output fell 27.6% in August, more than half of Chile's 12.7% national drop, Cochilco data show, as US buyers rely on Chilean copper. The post Chile’s Escondida Copper Output Falls 27.6% in August appeared first on The Rio Times.
Lithium shares fell as US stocks slipped and yields stayed high. Albemarle lost 3.39% and Chile's SQM 2.36%; Chinese markets reopen on Thursday. The post Lithium ETF Falls 2.2% as Albemarle Drops 3.4% | Lithium, Oct 7 appeared first on The Rio Times.
Copper-linked assets slipped as the dollar rose, while Escondida supervisors voted 95% to authorise a strike. Chile's copper exports are up 18.7% this year. The post Copper Fund Slips 0.6% as Escondida Strike Risk Looms | Copper, Oct 7 appeared first on The Rio Times.
Chile's 2027 budget bill asks Congress to let the government borrow up to US$25 billion, more than this year's US$23.6 billion ceiling. The post Chile Asks Congress for US$25 Billion Debt Ceiling appeared first on The Rio Times.
Kast's first budget cuts Chile's Ley Cholito pet programme by 86%, drops Calles sin Violencia's line and funds Prodemu only to close it. The post Chile Budget Cuts Ley Cholito Pet Funds by 86% appeared first on The Rio Times.
The Escondida strike in Chile is on hold after BHP requested mandatory mediation on 5 October, giving talks with supervisors five more working days. The post BHP Pauses Escondida Strike in Chile With 5-Day Talks appeared first on The Rio Times.
AMRO warns Asia's AI dependence could reverse, pressuring copper and lithium prices and exposing Chile, Peru and Argentina to a sharp slowdown. The post Chile’s Copper Bet Faces an AI Reversal Risk in 2026 appeared first on The Rio Times.
Chile's 2027 budget education cuts hit Bicentenario schools and school laptops. Kast's UDI allies want them restored, funded by cutting the INDH rights body. The post Chile 2027 Budget Education Cuts Draw Fire From Kast Allies, Who Target Rights Body appeared first on The Rio Times.
Yo Elijo mi PC, Chile's school laptop grant, is unfunded in the 2027 budget. The education minister says Congress will decide, as votes to restore it build. The post Chile’s Yo Elijo mi PC School Laptop Grant Now Rests With Congress, Minister Says appeared first on The Rio Times.
Chile's 2027 budget bill leaves Yo Elijo mi PC unfunded after 17 years and 96,100 laptops this year. Peñalolén will pay itself; Congress can still restore it. The post Chile’s 2027 Budget Drops School Laptop Scheme That Reached 96,100 Pupils in 2026 appeared first on The Rio Times.
CHILE · ECONOMY · JOBS Key Facts —The number Chile’s national unemployment rate reached 9.6 percent in the June–August 2026 quarter, the statistics agency INE reported on Wednesday 30 September — up 1.0 percentage point in twelve months and the highest since May 2021. —The detail The number of unemployed people rose 13.0 percent in […] The post Chile Unemployment Rises to 9.6%, Highest in Five Years: What Expats Need to Know appeared first on The Rio Times.
Chile’s President José Antonio Kast unveiled his administration’s first budget proposal, increasing spending by 1.5% in 2027 with a strong focus on employment as concerns over the weak economy mount.
Copper edged higher as supply concerns came to the fore, with workers at a major operation in Chile voting to strike after talks failed.
Of all the factors buffeting Chile’s bond market at the moment, it’s the Federal Reserve and the outlook for further rate hikes in the world’s largest economy that are capturing the most attention.
Brazil, Mexico, Chile, Colombia and Peru data meet a firm dollar and elevated U.S. yields in a week defined by carry-trade stress. The post Key Market Events for the Week of September 28–October 2, 2026 appeared first on The Rio Times.
SMU, the Chilean group behind Unimarc, has asked competition regulators to approve its purchase of Ahorra Food Depot, a six-shop discount chain in Santiago. The post Chile’s Unimarc Owner SMU Seeks Approval to Buy Ahorra Discount Stores appeared first on The Rio Times.
World’s biggest copper producer CODELCO signs deal with Hindustan Copper Ltd that could reduce Chile’s dependence on Chinese market; India, Chile agree to deepen cooperation on Antarctica exploration
Chile has the highest credit rating in Latin America, and S&P Global Ratings has kept it at A. But the agency now expects the country's budget repair to take longer, with debt rising until 2029. The post Chile Credit Rating Stays at A as S&P Warns Budget Repair Will Take Longer appeared first on The Rio Times.
Chile and Australia agreed on 22 September 2026 to start work on a Chile-Australia strategic partnership covering mining and the Humboldt cable. The post Chile-Australia Strategic Partnership Takes First Step in New York appeared first on The Rio Times.
Fitch kept the Fitch Chile rating at A- with a stable outlook, praising spending cuts, but slashed its 2026 growth forecast from 1.6% to 0.7%. The post Fitch Chile Rating Stays at A- as Growth Forecast Is Cut to 0.7% appeared first on The Rio Times.
Foreign investors are piling into Chile’s government debt, pushing holdings to a new record as “Sell America” sentiment resurfaces and the country’s fiscal outlook and market reforms burnish the appeal of its bonds.
Chile mined 2.9 million tonnes of copper from January to July, down 7.1% and the weakest since 2003. The official forecast now needs a rebound. The post Chile Has Mined 7% Less Copper So Far in 2026 Than Last Year appeared first on The Rio Times.
Three central banks moved this week and only Brazil cut. Argentina's economy shrank as its market rose, and Chile shuts for four days from today. The post Latin American Pulse for Friday, September 18, 2026 appeared first on The Rio Times.
Key Facts — What happened. The IMF (International Monetary Fund) publicly backed the economic agenda of Chilean President José Antonio Kast. — How big. The Fund sees Chile’s economy growing near 3% a year over the medium term, versus under 1% in 2026. — What it means. IMF mission chief Bikas Joshi called this year’s […] The post Chile: IMF Backs Kast Agenda, Sees 3% Growth Path appeared first on The Rio Times.
Two standard definitions give two answers for Chile. The central bank never used the term, and the finance minister rejects it. The figures behind the argument. The post Chile’s Technical Recession Depends on Which Measure You Use appeared first on The Rio Times.