Chile Budget Surplus to Shrink in 2009 on Slow Growth

By Nathan Gill and Sebastian Boyd      Sept. 29, 2008 (Bloomberg) — Chile, the world’s biggest copper producer, expects to post a budget surplus equivalent to 3.7 percent of its gross domestic product next year, the lowest since 2003, as economic growth slows to 4 percent.      Copper may average $2.90 per pound in 2009,… Read More Chile Budget Surplus to Shrink in 2009 on Slow Growth

Chile Stocks May Gain on Slower Inflation: JPMorgan

By James Attwood and Nathan Gill      Sept. 23, 2008  (Bloomberg) — Chile, the best-performing Latin American stock market this year, probably will remain a relative safe haven and may benefit from easing inflation, JPMorgan Chase & Co. said.      Chile’s Ipsa index has fallen 10 percent this year, about half the decline of Brazil’s… Read More Chile Stocks May Gain on Slower Inflation: JPMorgan

Chile’s Cap Rebounds as Analysts Cite Inexpensive Stock, Profit

By James Attwood and Nathan Gill      Aug. 14, 2008 (Bloomberg) — Cap SA, Chile’s biggest iron-ore and steel producer, rose for the first time in six days in Santiago trading after analysts said the stock was undervalued and that rising metal prices may keep boosting earnings.      Cap climbed 1.9 percent to 18,270 pesos… Read More Chile’s Cap Rebounds as Analysts Cite Inexpensive Stock, Profit

Andina Rises as Brazil Growth Signals Increased Sales

By Nathan Gill      Sept. 10, 2008 (Bloomberg) — Embotelladora Andina SA, which distributes Coca-Cola products in Chile, Brazil and Argentina, gained the most in two months in Santiago trading on prospects of increased sales of its soft drinks, after Brazil said its economy is expanding faster than economists estimated.      Andina rose 3.5 percent… Read More Andina Rises as Brazil Growth Signals Increased Sales

Bachelet Authorizes Emergency Funds for Transantiago

By Nathan Gill and Sebastian Boyd      Sept. 5, 2008 (Bloomberg) — Chilean President Michelle Bachelet authorized the use of emergency funds to shore up Santiago’s public transport system after a loan to the system of buses and subway lines was declared unconstitutional.      This is the first time since Chile returned to democracy in… Read More Bachelet Authorizes Emergency Funds for Transantiago

Chile’s Government Pledges Support for Transantiago

By Nathan Gill and Sebastian Boyd      Sept. 2, 2008 (Bloomberg) — Chile’s government pledged to fund Santiago’s public transportation system after a newspaper reported that a loan made to develop the capital’s transit network was unconstitutional.      President Michelle Bachelet will ask the country’s Constitutional Tribunal to clarify its decision on the $400 million… Read More Chile’s Government Pledges Support for Transantiago