Browsing Tag

Chile

IDB grants loan to Chile for energy transition

The Inter-American Development Bank (IDB) approved a $300 million loan to support the energy transition process in Chile, according to a statement. This is the second and last operation of a policy reform support program in the Andean…

Chile reaches double-digit inflation

The Chilean Consumer Price Index climbed again in April to stand at an interannual rate of 10.5%, according to data released by the National Institute of Statistics (INE). The new increase in the price of products and services was caused…

Entel and Almendral shares rise more than 7 points

The shares of the telecommunications company Entel began the day on the Santiago de Chile stock exchange with a rise of 7.09 %, becoming the highest indicator recorded since last February 28. While the controlling holding company Almendral…

JPMorgan will seek 500 employees in Latin America

JPMorgan intends to hire more than 500 people in Latin America in the next three years as it gains market share and takes advantage of the surge in the acquisition financing business. JPMorgan's hiring plans for the next three years will…

Chile stock market falls after Boric’s victory

The Santiago de Chile Stock Exchange suffered a 4.96% drop this Monday, just after an election day in which the candidate of the Chilean left, Gabriel Boric, prevailed in the presidential elections against the far-right Antonio Kast.…

Economic growth in Latin America will be 6.3 %

The International Monetary Fund (IMF) published the new estimates on economic growth for Latin America in 2021, raising them to “6.3 %, that is, half a point above its July forecast, thanks mainly to the good development of the raw material…