Chile Invokes Anti-Terror Law to Quell Violence, Rosende Says

By Nathan Gill Oct. 14 (Bloomberg) — Chile will use an anti-terrorism law criticized by human rights groups to try and quell a spate of violence over indigenous lands in the country’s south, a government official said. The government will apply the law, dating from the military dictatorship, against those responsible for armed attacks against… Read More Chile Invokes Anti-Terror Law to Quell Violence, Rosende Says

Chile Reduces Estimate for This Year’s Budget Deficit

By Sebastian Boyd and Nathan Gill Oct. 7 (Bloomberg) — Chile’s budget deficit will be smaller this year than earlier forecast as rising copper prices trimmed the projected shortfall in tax revenue. This year’s budget deficit will be about 3.6 percent of gross domestic product as government income falls 22 percent short of initial projections,… Read More Chile Reduces Estimate for This Year’s Budget Deficit

Chile Senate Approves $1 Billion Funding for Codelco

By Nathan Gill and Sebastian Boyd Oct. 6 (Bloomberg) — Chile’s Senate approved a bill to provide $1 billion in financing for Codelco, the world’s largest copper producer. The vote was 21-to-six with one abstention in the Senate, which acted after the lower house passed the bill earlier today, according to a statement on the… Read More Chile Senate Approves $1 Billion Funding for Codelco

Chile Economy Showing Signs of Recovery, Finance Minister Velasco Says

By Nathan Gill and Sebastian Boyd July 23 (Bloomberg) — Chile’s economy may be starting to recover from its slump as extra government spending spurs growth, Finance Minister Andres Velasco said today. Velasco has spent more than $4 billion this year on tax cuts and extra outlays. He will pull $8 billion from Chile’s offshore… Read More Chile Economy Showing Signs of Recovery, Finance Minister Velasco Says

Latin America Ministers Urge More Money for Lenders

By Sebastian Boyd and Nathan Gill      July 3 (Bloomberg) — Finance ministers from North and South America meeting in Chile agreed to push for more financing for multilateral lenders such as the World Bank and the Inter-American Development Bank, Chile’s Andres Velasco said.      The IDB’s board may agree to vote for a capital… Read More Latin America Ministers Urge More Money for Lenders

Bachelet Says Chile Supports Recapitalization of IDB

By Sebastian Boyd and Nathan Gill      July 3 (Bloomberg) — Chilean President Michelle Bachelet said her government supports the recapitalization of the Inter-American Development Bank to help developing countries cope with declining capital flows.      Bachelet, speaking today to finance ministers from North and South America, urged member governments to help raise additional funding… Read More Bachelet Says Chile Supports Recapitalization of IDB

Honduran Protesters, Soldiers Clash Outside Palace After Coup

By Andres R. Martinez and Nathan Gill      June 29 (Bloomberg) — Hundreds of protesters clashed with riot police and soldiers outside Honduras’ presidential palace a day after the military arrested President Manuel Zelaya at gunpoint and put him on a plane out of the country.      Regional leaders, from market-friendly Mexican President Felipe Calderon… Read More Honduran Protesters, Soldiers Clash Outside Palace After Coup