Billionaire businessman and conservative politician Sebastián Piñera is the favorite to win the presidential election on Sunday in Chile. However, according to surveys, he does not avoid a runoff, scheduled for January 17.
Piñera will likely face the government’s candidate, Eduardo Frei, in the second round. If he win, the entrepreneur will be the first president [...]
Pinochet´s FortunePinochet’s lost millions: the UK connection
British authorities and the financial sector are linked for the first time to the late Chilean dictator’s £1bn fortune.
By
Hugh O’Shaughnessy reports
Two-and-a-half years after the death of General Augusto Pinochet, a report by the Chilean police task force charged with investigating money-laundering has claimed that British authorities and the financial sector [...]
WASHINGTON (AP) — Two years before the coup that toppled the leftist leader of Chile, President Richard Nixon and Brazilian President Emilio Medici discussed coordinated intervention in that nation and Cuba, according to a newly declassified document.
The formerly Top Secret account of a Dec. 9, 1971, White House Oval Office meeting spells out a desire [...]
Cashing in the fruits of rigour
LONG held up as a model of policymaking that others in Latin America and beyond should follow, Chile’s economy has recently seemed oddly lacklustre, with growth below the regional average and inflation stubbornly high. As a small, open economy it is uncomfortably exposed to the world recession—the price of copper, [...]