Chile

  • ECLAC predicts 2% growth in 2013

    SANTIAGO, Chile, CMC – The United Nation’s Economic Commission for Latin America and the Caribbean (ECLAC) says the Caribbean is expected to maintain “the slow upward trend in growth observed in previous years” to reach 2.0 percent in 2013. In its Economic Survey of Latin America and the Caribbean 2013, released here on Wednesday, ECLAC said growth in Latin America…

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  • CARIBBEAN-ECONOMY-OAS says drug problem affects “pillar of development” in the Caribbean

    SANTIAGO, Chile, CMC – The Secretary General of the Organization of American States (OAS), José Miguel Insulza, says that the drug problem affects the “pillars of development” in Latin America and Caribbean. In presenting a report here on the drug problem in the region, to the Economic Commission for Latin America and the Caribbean (ECLAC), Insulza underscored what he described…

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  • Large earthquake strikes off coast of Chile

    SANTIAGO, Chile — The U.S. Geological Survey says a magnitude-6.5 earthquake has struck off the coast of Chile. The quake was recorded at 5:49 a.m. local time (EDT; 0949 GMT) Monday, at a shallow depth of 10 kilometers (6.2 miles), some 600 kilometers (370 miles) from the city of Puerto Quellon. No tsunami warning was issued. Chile’s naval seismology office…

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  • ECLAC says region receives “new record high” of foreign direct investment in 2012

    SANTIAGO, Chile, CMC – The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) says the region received a “new record high” of foreign direct investment (FDI) in 2012. According to the ECLAC report “Foreign Direct Investment in Latin America and the Caribbean 2012”, the region received US$173.3 billion dollars of FDI (6.7 per cent more than in…

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  • FAO to continue assisting region develop agricultural sector

    SANTIAGO, Chile, CMC – The effects of climate change on agriculture and its impact on food security were among matters discussed between Caribbean Community (CARICOM) Secretary General Irwin LaRocque and the Director General of the Food and Agricultural Organisation (FAO) José Graziano da Silva. A Guyana-based CARICOM Secretariat statement issued after the talks said that the two sides also discussed…

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  • New study says small businesses can boost relations between Caribbean and Europe

    SANTIAGO, Chile, CMC – A new study says micro, small and medium-sized enterprises (MSMEs) can play a “fresh and significant role” in boosting relations between Latin America and the Caribbean and the European Union (EU). The study titled “Building SME Competitiveness in the European union and Latin America and the Caribbean : Policy Proposals by the Private Sector” was discussed…

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  • Chile and Caribbean countries pledge closer working relationship

    SANTIAGO, Chile, CMC – The 15-member Caribbean Community (CARICOM) grouping and Chile have pledged to continue working together to further strengthen their relationship. A communiqué issued at the end of talks between Chilean President Sebastián Piñera Echenique and CARICOM leaders on Monday, noted “a commitment was also made to work together with the aim to achieve regional integration objectives set…

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  • EDITORIAL – Now that the PM didn’t go to Chile

    KINGSTON, Jamaica – It can't have been without compelling reason that Prime Minister Portia Simpson Miller decided to miss the summit of the Community of Latin American and Caribbean States (CELAC) in Chile, to which she has dispatched her foreign minister, Mr A.J. Nicholson. CELAC, we remind, is a relatively new organisation, formally launched in 2010, as a forum for…

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  • New look for PetroCaribe at this weekend’s summit in Chile

    KINGSTON, Jamaica – SIX-and-a-half years ago a historic accord was signed between Venezuela and various member states of the Caribbean Community (Caricom) for the inauguration of an energy-based co-operation venture known as PetroCaribe. It was to unfold across this region and beyond as manifestation of President Hugo Chavez’s vision of a unique form of co-operation to assist the vulnerable economies…

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  • CELAC summit closes with pledge to strengthen partnership

    SANTIAGO, Chile (AFP) — European and Latin American leaders wrapped up a two-day summit here yesterday, pledging to reinvigorate their “strategic partnership” for expanded free trade while shunning protectionism. But the high-profile meeting attended by some 60 countries from both continents was overshadowed by a nightclub fire that killed at least 232 people in Brazil and forced President Dilma Rousseff…

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