Chile News and Headlines
Updated July 3, 2009
UPDATE: Chile Min Calls For Region-Wide Effort Vs Econ Crisis (Nasdaq)
VINA DEL MAR, CHILE -(Dow Jones)- Chilean Minister of Finance Andres Velasco called on his regional counterparts to join forces in an effort to confront the global financial crisis.
Bachelet Says Chile Supports Recapitalization of IDB (Update1) (Bloomberg)
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.
CAP likely to see profits fall even further for Q2, says analyst - Chile (Business News Americas)
Chilean integrated steel producer CAP will likely unveil second quarter results worse than those in the first quarter since the company's costs have not fallen as much as have prices for its products, according to commodities analyst Juan José Ponce with Santiago-based investment firm LarrainVial.
HDI unit sees lower premiums but ROE still above 10% in 2009 - Chile (Business News Americas)
The Chilean unit of Germany's HDI International Holding ( HDI ) expects to post at least a 10% ROE this year despite that premiums are predicted to fall 12-15% due to the country's economic downturn, HDI Seguros CEO Patricio Aldunate told BNamericas.
Colombia?s Bonds Gain on CPI Outlook; Chilean Peso Advances (Bloomberg)
July 3 (Bloomberg) -- Colombia?s peso bonds rose the most in more than three weeks as speculation inflation slowed last month boosted demand for fixed-rate securities.
USGC Works to Build DDGS Demand in Chile (DTN / The Progressive Farmer)
After the conclusion of a feed trial in Chile's dairy sector, the U.S. grains Council is working to increase imports of distillers dried grain with solubles. With struggling Chilean dairy producers seeking low cost feed ingredients that will not hinder milk production, the Council met with Chilean grain buyers and a dairy cooperative at the Chilean Dairy Expo.
Chile President Calls On Govts To Be More Socially Responsible (Nasdaq)
VINA DEL MAR, Chile -(Dow Jones)- Latin American governments should implement policies that stimulate economic growth but also protect their poorest citizens and the environment, Chile President Michelle Bachelet during her opening address at the Second Meeting Of Finance Ministers of the Americas and the Caribbean.
Research and Markets: The Latest Chile Commercial Banking Report is Available Today (Business Wire via Yahoo! Finance)
DUBLIN----Research and Markets has announced the addition of the "Chile Commercial Banking Report Q2 2009" report to their offering.
Chile Central Bankers Voted 5-0 to Cut Rate to Record (Update1) (Bloomberg)
July 2 (Bloomberg) -- Chile?s five-member central bank policy committee voted unanimously to lower its benchmark interest rate to a record 0.75 percent at its last meeting.
The Dictator and the Disco King (New York Times)
The Chilean film ?Tony Manero? uses ?Saturday Night Fever? as a device to dissect the abusive dictatorship of Gen. Augusto Pinochet.
Chile headlines courtesy of Yahoo! News