:quality(70)/s3.amazonaws.com/arc-authors/bloomberglinea/6042cfed-eacf-4c1b-a62f-e974071c782d.jpg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/GP7C6LW2GJCR3F4D3LELPKLIEU.JPG "Belt-Tightening Begins Now, Not in 2023, NotCo’s CEO Says")
News in English
Belt-Tightening Begins Now, Not in 2023, NotCo’s CEO Says
In an interview with Bloomberg Línea, Matías Muchnick says the company needs to focus on being profitable in the next two years and is not prioritizing new product launches
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/LDMAJDFFABD67FLOKSKJYVO3TI.png "Chile’s Falabella Foresees E-Commerce Taking Bigger Share of Overall Sales")
News in English
Chile’s Falabella Foresees E-Commerce Taking Bigger Share of Overall Sales
Gaston Bottazzini, department store chain Falabella’s CEO, tells Bloomberg Línea about the company’s plans to diversify its revenue streams, the regional business outlook and IKEA’s growth plans in South America
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/CTBT3USAG7H75QCW2YF253BQOM.jpg "Chilean Government Rethinks Mining Taxation Plan")
News in English
Chilean Government Rethinks Mining Taxation Plan
The country’s finance ministry has added proposals to the bill being debated in the Senate that would simplify the proposal for mining royalty payments and reduce the ad valorem element
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/HJVZOSKTGNGF3GZRW3FTCEEPNI.jpg "How Chile’s Government Aims to Overhaul Country’s Aging Pension System")
News in English
How Chile’s Government Aims to Overhaul Country’s Aging Pension System
In an interview with Bloomberg Línea, Labor Minister Jeannette Jara talks about the proposed bill that aims to bring the country’s pension system in line with OECD recommendations
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/Z7PHR3IPRZA6DKL3AJB7NU57EY.jpg "Mining in the Metaverse, the Business a Chilean Startup is Chasing")
English version
Mining in the Metaverse, the Business a Chilean Startup is Chasing
Chilean entrepreneurs have created the Minverso platform, to train workers in the copper-mining industry within the metaverse
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/ZSGKKMR3RDL6KWUOREV5XDF5V4.jpg "Chile Lowers Tax on Copper-Mining Projects in Bid to Ignite Investment")
English version
Chile Lowers Tax on Copper-Mining Projects in Bid to Ignite Investment
President Gabriel Boric’s government has presented a six-point plan and 28 measures to spur investment in the country
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/DQ73OZ2LMMKFYOZWDHV6ZJ4Y2U.jpg "Chile’s Boric Reshuffles Cabinet Following Voters’ Rejection of Draft Constitution")
English version
Chile’s Boric Reshuffles Cabinet Following Voters’ Rejection of Draft Constitution
Chilean President Gabriel Boric has made the first adjustments to his team since taking office in March, and which include the exit of Interior Minister Izkia Siches
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/QJKLR3THMLBJXECDKVNVM7BXFI.jpg "Ukraine’s Zelenskiy Calls on Latin America to Impose Sanctions on Russia, Cut Trade")
English version
Ukraine’s Zelenskiy Calls on Latin America to Impose Sanctions on Russia, Cut Trade
The president of the invaded country said Latin American countries should join the sanctions imposed on Russia, and called on them to divulge his “truths”
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/BML6GN2VQBDUXBT4WQLM2IGVCE.jpg "BHP Will Rethink Chile Investments if New Mining Royalties Law Enacted")
English version
BHP Will Rethink Chile Investments if New Mining Royalties Law Enacted
The Australian mining company has said the possible effects of the government’s proposals are yet to be calculated, and may discourage investment in the country
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/3ZRTS7URQNCTHLVF3TDNEPDHGA.jpg "Chile’s Inflation Forecasts Darken As US Dollar Rises")
English version
Chile’s Inflation Forecasts Darken As US Dollar Rises
Analysts consulted by Bloomberg Línea see the depreciation of the Chilean currency against the US dollar exacerbating inflationary pressure in July and August
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/Y7HQFNIHHJD75FWGJJYBA724ZE.jpg "Chilean Copper Workers to Begin National Strike")
English version
Chilean Copper Workers to Begin National Strike
The trade unions of state-owned Codelco have convoked an indefinite stoppage from Wednesday in protest at the government’s plans to close the Ventanas foundry
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/GAJN47ECR6GVHUXSNSM4B2OQ54.jpg "Hits and Misses: Chile’s Gabriel Boric’s First 100 Days in Office")
English version
Hits and Misses: Chile’s Gabriel Boric’s First 100 Days in Office
One-hundred days since taking office, the Chilean left-wing president’s approval rating is around 32%, according to a recent poll, the most abrupt fall in popularity for a leader since 1990
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/POJIV25DIAFKSDRR64ZMN4JGLQ.jpg "Venezuela’s Growth Seen Outpacing South American Average In 2022")
News in English
Venezuela’s Growth Seen Outpacing South American Average In 2022
In an interview with Bloomberg Línea, ECLAC’s Daniel Titelman says the country could bring eight years of recession to an end this year, if economic predictions are correct
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/PBN3F7MTE5GR5P55MHMSUFRMGU.jpg "Betterfly Bets on Brazil, Targets More Markets for 2023")
Startups
Betterfly Bets on Brazil, Targets More Markets for 2023
Cristóbal della Maggiora, CCO of the Chilean insurtech unicorn, tells Bloomberg Línea about its plans to enter the U.S., Spain and Portugal
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/VITXKCSTO5EWRABCXD2V6NC7LQ.jpg "Chile’s Gabriel Boric Sworn-In, Faces Major Economic and Political Challenges")
English version
Chile’s Gabriel Boric Sworn-In, Faces Major Economic and Political Challenges
The 36-year-old president’s government inherits an economy in slowdown, high inflation and uncertainty concerning the new constitution
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/4ZSBKBM27KU4XTBQPIVZPP7DOQ.jpg "Chile’s Boric Will Face Opposition from Both Right and Left")
News in English
Chile’s Boric Will Face Opposition from Both Right and Left
The President-elect, who takes office on Friday, will have adversaries from various sectors during his mandate, according to analysts
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/DR3DXTRQHZA5JC42QNI3GZ47KI.jpg "Crypto’s Entry Into Chile’s RE Sector Pleases Investors")
News in English
Crypto’s Entry Into Chile’s RE Sector Pleases Investors
Despite its current volatility, real estate deals in cryptocurrency are emerging as an option in the country
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/2RVSS4ZHIREO5JLZPVETBHH53Y.jpg "Startups Should Focus on Success, Not Unicorn Status, NotCo CEO Says")
News in English
Startups Should Focus on Success, Not Unicorn Status, NotCo CEO Says
Matías Muchnick, CEO and cofounder of the Chilean startup, talks to Bloomberg Línea about the company’s next moves
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/UA2K7WK2LZBBDJZT3GATVGVMVY.jpg "Chile condena ataque a Ucrania y llama a Rusia a retirar sus tropas")
Chile
Chile condena ataque a Ucrania y llama a Rusia a retirar sus tropas
El gobierno de Sebastián Piñera identificó a 53 chilenos en territorio ucraniano
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/LFSZG44SVZA6FIGC476H2WP2YE.jpg "Levita Magnetics to Open AI, Robotics Center in Chile")
News in English
Levita Magnetics to Open AI, Robotics Center in Chile
Founder Alberto Rodríguez-Navarro talks to Bloomberg Línea about the medtech startup’s plans
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/XXSEKCOULRBGTEU4LDSZYKBMDU.png "Merama, LatAm’s Newest Unicorn, Boasts Chilean Roots")
News in English
Merama, LatAm’s Newest Unicorn, Boasts Chilean Roots
Manuel José León and Domingo Cruzat are the Chilean cofounders of the Mexico and Brazil-based e-commerce platform