A confession by Chile's Constitutional Convention's former Deputy Vice President Rodrigo Rojas Vade, who admitted it was not true that he had a deadly disease, continues to raise controversy nationwide.
The Monetary Council of the Chilean central bank surprised markets on Monday by deciding to increase the basic interest rate 75 base points to 1,5%, the highest jump since August 2001. According to a bank release, the decision from the council was unanimous, and well beyond market expectations that had estimated an increase of 25 to 50 base points.
Ecuador has requested to become a full member of the Pacific Alliance, an issue that was discussed by the country's president Guillermo Lasso during a recent visit to his Mexican peer Andres Manuel Lopez Obrador. Mexico allegedly announced its full support for Ecuador to join the four countries, Mexico, Colombia, Peru and Chile block, considered the most dynamic of the Americas.
Chile presented on Monday a Plan to combat Drought to increase the provision of water and improve its efficient use thus ensuring the supply for human consumption and the production of food.
The Government of Peruvian President Pedro Castillo and Prime Minister Guido Bellido has survived a vote of confidence motion at the national single-House Legislature controlled by the right-wing opposition.
Chile's Progressive Party (PRO) leader Marco Enríquez Ominami Monday announced he would run for the country's presidency, which dealt an unexpected blow to the centre-left's efforts following the launch of Christian Democrat Yasna Provoste's candidacy Saturday.
Chile's Central Bank Thursday reported an 18.1% economic growth in May, which has brought it back to the pace of prepandemic levels.
One week after the presidential runoff, leftwing candidate Pedro Castillo edged conservative Keiko Fujimori by around 70,000 votes to become Peru's new President. But he cannot celebrate still until the National Electoral Jury (JNE) rule's on a petition to nullify some 200,000 votes from his opponent.
During his Bogota stop, South Korea's First Vice Foreign Minister Choi Jong-Kun expressed his country's concerns over Japan's intentions to release the contaminated water into the Pacific Ocean from the wrecked Fukushima nuclear plant, the Asian nation's Foreign Ministry announced Tuesday in a statement.
Former conservative Senator Jaime Orpis has been bestowed Friday with the dubious honour of becoming Chile's first-ever politician to be handed down a jail sentence for his involvement in acts of corruption.