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Wednesday, September 4, 2024

Should we continue?

This blog was started to prvide Chilean English teachers with authentic and current articles about Chile, both for their own reading and language development and for possible use in their classrooms with their students. However, daily readership averages only 2 - 4 and they are not accessing the blog from Chile. 

Should we continue? 

Please leave your comments and feedback below.

Chile's SQM posts 63% slump in profit, expects weak lithium prices to stay

 Chile's SQM, the world's second-largest lithium producer, reported a bigger-than-expected 63.2% slide in its quarterly profit on Wednesday due to weak prices of the battery metal, which it expects will continue for the rest of the year.

https://www.miningweekly.com/article/chiles-sqm-posts-63-slump-in-profit-expects-weak-lithium-prices-to-stay-2024-08-21

Chile talks pricing for cross-border bond deal

 Chile has set the initial price talk on a planned two-part sale of bonds in the international market this week at around 6.5% each, according to a source familiar with the deal. The sovereign is looking to tap its 6% 2033 Chilean peso-denominated social bonds and issue new notes in local currency that mature in 2040.

https://latinfinance.com/daily-brief/2024/05/29/chile-talks-pricing-for-two-part-deal/


Chile prolongs blue code due to worsening weather conditions

 In view of the worsening weather conditions in central and southern Chile over the past few days, authorities decided on Wednesday to prolong the blue code, a mechanism to provide care for people living on the streets. Heavy rainfalls and intense cold have hit the Metropolitan regions of Santiago, Valparaiso, O’Higgins, Ñuble, Maule and Biobio, and forecasts indicate that the situation will continue until Thursday.

https://www.plenglish.com/news/2024/05/22/chile-prolongs-blue-code-due-to-worsening-weather-conditions/