Cochilco has raised its projections for the average copper price in 2025 and 2026, anticipating historically high annual levels of US$4.45 per pound in 2025 and US$4.55 per pound in 2026, driven by a tighter market with decreased supply and increased demand.
The former director of Sartor Administradora General de Fondos (AGF), who currently serves as president of Azul Azul, has been fined 65,000 UF ($2.576 billion) and banned from holding executive positions in the financial sector for five years by the CMF.
The Gross Domestic Product (GDP) growth of 1.6% from July to September compared to the same period last year was two-tenths of a percentage point below the 1.8% anticipated by analysts and indicated in the preliminary Imacec report.
Vytal Group is spearheaded by Argentine producer Tomás Yankelevich, who will navigate this new phase alongside Jorge Carey, the former Chilevisión CEO from 2017 to 2021, and Edgar Spielmann.
"It’s not enough to notify cancellation," emphasized the president of ODECU, Stefan Larenas Riobó, who also reminded that airlines are obligated to properly inform and assist passengers by "offering concrete alternatives, refunds, and support during the wait."
The fruit sector achieved exports worth US$ 7.082 billion, marking a 4.2% increase over the first ten months of 2024, boosted by rising shipments of hazelnuts, walnuts, avocados, and lemons, among others.
Finance Minister Nicolás Grau indicated that the year-on-year inflation decreased by a full point, "from 4.4% in September to 3.4% this month" and emphasized that "this is great news for families' finances."
The U.S. has declared copper as critical, placing Chile at the center of the supply chain with increased demand and stringent traceability requirements, but not offering an environmental blank check.
During the ARCHI presidential debate, the candidate asserted that the agreement 'was negotiated with a gun to our heads'. 'We will take advantage of the existing gap to halt that contract and reconsider it. We see it as a major mistake,' he stated.
The Central Bank reported a 3.2% year-on-year increase and a 0.5% month-on-month adjustment in September: trade and services drive growth, while mining declines; the message is clear: Chile is not falling apart.