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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.
CHILE · MONEY Key Facts —The number Chile’s UF — the inflation-indexed unit used for most rents, mortgages and insurance — is 40,918.25 pesos on Sunday 13 September 2026, a fresh high. —The milestone The UF crossed 40,900 for the first time on Friday 11 September (40,901.94) and has risen every day for a month, […] The post Chile’s UF Hits 40,918: What the Record Run Means for Expat Rents appeared first on The Rio Times.
LatAm Expat & Nomad Daily Guide — Sunday, September 13, 2026 The Short Version In short: Your LatAm expat and nomad daily guide for Sunday, September 13. Colombia’s weekend TRM is 3,072.27 pesos per dollar — the firmest fixing since 25 August — and it stays valid through Monday. Chile’s UF climbed to a fresh […] The post LatAm Expat & Nomad Daily Guide for Sunday, September 13, 2026 appeared first on The Rio Times.
CHILE · ECONOMY Key Facts —The number Chile unemployment reached 9.5 percent in the May–July quarter, a five-year high; nearly one million people are out of work. —The stimulus Finance Minister Jorge Quiroz is weighing a “surgical” injection of public funds into construction, public works and hiring. —The rift Labor Minister Tomás Rau publicly distanced […] The post Chile Unemployment Crisis Pushes Kast Toward Stimulus as Allies Attack His Cabinet appeared first on The Rio Times.
Read the story in English Chile permitirá por primera vez que los fondos de pensiones locales participen en pactos de recompra y retroventa inversa, una medida que busca mejorar su gestión de liquidez y reduciendo costos, al tiempo que impulsa los volúmenes de negociación en un segmento poco activo del mercado de deuda latinoamericano.
Learn how to open a bank account in Chile as a foreigner: RUT, CuentaRUT, private bank requirements, fees, and the sequence that works. The post Open a Bank Account in Chile: Expat Guide appeared first on The Rio Times.
Chile inflation reached 4.1 percent in the year to August and 0.6 percent in the month, double the 0.3 percent forecasters had expected. The post Chile Inflation Doubles the Forecast and Hits 4.1 Percent appeared first on The Rio Times.
Chile's six-month audit of the Boric administration closed with 1,529 findings, disciplinary steps at 57 services and four bodies sent to prosecutors. The post Chile Audit of the Boric Years Ends With 1,529 Findings appeared first on The Rio Times.
The Chile Imacec activity index fell 1.5% in July and copper shipments dropped for the first time since 2023, as President Kast answered his critics. The post Chile Imacec Falls 1.5% as Copper Shipments Drop for First Time Since 2023 appeared first on The Rio Times.
About 25 business people from the Falkland Islands travel to Punta Arenas, Chile, for trade talks. The trip aims to open a new sea route, but Chile supports Argentina's sovereignty claim. The post Chile hosts Falklands trade mission despite sovereignty row appeared first on The Rio Times.
Chinese automakers and SUVs are reshaping Chile's car market, as BYD's record shipment shows electric and hybrid sales still lag behind. The post Chinese Automakers Reshape Chile’s Car Market appeared first on The Rio Times.
Chile copper price hit a record US$6.60 a pound this week, but the government's 2027 budget still assumes just US$5.37 a pound. The post Record Copper Prices Reshape Chile’s 2027 Budget appeared first on The Rio Times.
Ten age-based funds replace the five lettered ones from April 2027, and managers set their own allocations within regulator ranges. The post Chile Rewrites the Rules for How Pension Funds Invest appeared first on The Rio Times.