Unemployment Rises to Highest Figure In a Decade
SANTIAGO — Unsurprisingly, the latest employment figures, corresponding to the May-July period, look bad. Unemployment increased 5.6 percentage points in twelve months. This is the...
Tag : crisis
Government to Distribute Another Three Million Food Boxes Among Poorest
SANTIAGO – In a further bid to combat the economic crisis in Chile related to the coronavirus outbreak, the Chilean government has announced another food...
Withdrawing the Pensions: Who’s Gonna Pay the 10%?
In times of pandemic, political populism has taken the media agenda. The latest crusade is the withdrawal of 10% from private pension funds (AFPs), but...
Piñera Vetoes Bill That Prohibits Cut of Basic Services During Pandemic
SANTIAGO – President Sebastián Piñera used a presidential veto on Thursday, July 9, to suspend a bill that would prohibit companies from cutting basic services...
Plan to Support Chilean Middle Class Faces Harsh Criticism
SANTIAGO – President Sebastián Piñera presented on Sunday, July 5, a plan to help the Chilean middle class through the current economic crisis. With a...
The Socio-Economic Crisis is Already Here
After eight long months of living in “crisis mode,” our economy is in plain deterioration. First it was the social outbreak of October 18 (18/0)...
Enrique Paris, the Minister in Charge of a Chile in Crisis
by Diego Rivera
SANTIAGO – It has been nearly two weeks since Enrique Paris replaced Jaime Mañalich as Minister of Health. A pediatrician, Dr. Paris has been thrust...
How Covid-19 Will Hobble Chile’s Economy
As Covid-19 makes its way around the world, fear of the future is becoming an increasing topic of conversation, and not just in terms of...
Piñera on Coronavirus Outbreak: “We Were Not Prepared For This”
SANTIAGO – Chile was not prepared for the coronavirus outbreak that currently has the Santiago province on lockdown, according to President Sebastián Piñera. In a...
The End of Success
Just weeks ago, the government accelerated its anti-pandemic strategy. The Health Minister indulged jokes – “maybe the virus becomes a good person” – and implied...