SANTIAGO — Once again, Chilean students have taken to the streets to protest the…
Northern Chile Holds “World’s Greatest Energy Resource”
SANTIAGO — A U.S. ecologist and energy expert, Patrick McCully, has claimed that northern Chile has the largest energy resource in the world – solar power. Unfortunately, governments do not know how to make the most of it. Speaking to Efe he said, “Chile is lucky not to have petrol and coal, serious polluters, but unfortunately [...]
AndesBeat hosts Yale students in Santiago
SANTIAGO – I Love Chile entrepreneurship contributor Shonika Proctor, alongside AndesBeat co-founder Carlos Leiva hosted their first event: Game Storming: How to Play in the “Emerging World” of Entrepreneurship, inviting a delegation of students from Yale University in the U.S. The undergraduate students are on a reporting trip for the Globalist magazine. The quarterly magazine [...]
Chile’s economy grew by an unprecedented 5.2% in March
SANTIAGO — According to the mass media corporation Bloomberg, in March 2012 the Chilean economy grew faster than forecasted. It expanded by 5.2 percent rather than the predicted 4.3 percent. This has been attributed to the previous year’s gains in retail, corporate service and power generation industries. The Central Bank reported that the economy grew in [...]
My Two Cents: FBAR
Writing about business is usually interesting especially when something really brilliant happens or something really stupid goes down. We get to talk about it and have some fun. Writing about taxes is not one of my favorite things to do. However, I’m getting inundated with panic-stricken people who are afraid of the FBAR requirements. Who [...]
Concha y Toro is “World’s Most Admired Wine Brand” for the Second Consecutive Year
SANTIAGO — Concha y Toro is again the “World’s Most Admired Wine Brand”, according to a survey made by the prestigious British magazine Drinks International. In anonymous voting in which over 60 experts from the global wine community took part, Concha y Toro obtained the largest number of nominations as the most admired wine brand, [...]
Chile’s Partnership with the U.S. and the Ports of the Delaware River
WASHINGTON, DC –There was a glow emanating from the Du Pont Country Club as stars in the international shipping business and political galaxies gathered for the Seventh Annual Taste of Chile Award Dinner, sponsored by the Chilean & American Chamber of Commerce. Designed to celebrate the exceptional economic and trade partnership between Chile and the [...]
Court Rejects Codelco Request to Freeze Anglo Dividends
SANTIAGO – The 14th Civil Justice Court of Santiago has rejected Codelco’s bid to appoint an auditor and freeze Anglo American Sur’s dividends in the latest development of the ongoing feud between the two mining companies. Specifically, Codelco had wanted Chilean courts to recognize their right to 49 per cent of Anglo’s shares, in accordance with their [...]
Delaware and Chile to Speak on Trade Relations
The Governor of U.S. State Delaware will meet with Chile’s Ambassador to the U.S. Felipe Bulnes in a function that will “celebrate the exceptional economic and trade relationship between Chile and the Greater Philadelphia region”. The Chilean and American Chamber of Commerce presents the 7th annual “Experience the Taste of Chile” dinner highlighting unique Chilean [...]
Chilean Officials Question Benefits of Trans Pacific Partnership
SANTIAGO – Various Chilean trade officials, past and present, have voiced their doubts over Chile’s need to form part of the Trans-Pacific Partnership (TPP), at a public seminar held in the Universidad Católica last week on information justice and intellectual property under the new agreement. Debate arose from the fact that Chile already has market [...]
Anglo Says Chile Copper Production Target will be a Challenge
SANTIAGO – Anglo American and Xstrata PLC have conceded that it will be difficult to reach their annual copper mining production target at the Collahuasi mine. The third largest mine in the world, Collahuasi is exposed to the seasonal rains of the ‘Bolivian winter’, which this year fell heavier than usual in northern Chile. Operations at [...]