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Archive for the ‘Finance’ Category

My wife works very closely with the big retailers here in Chile and she estimates that November will be better then what Forbes writes about October. Santiago retail sales expanded 3 percent in the first 10 months of the year, and the chamber estimates sales in the capital will grow about 3.5 percent this year [...]

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Andre’s Velasco the Chilean Finance minister picture from wikimedia   There is a great story on Bloomberg about the Chilean Finance Minister Andrés Velasco and the government savings from Copper which he is starting to spend to stimulate the Chilean economy. The article is really well written and there is not one good part to [...]

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The Chilean Economy

Article updated on April 20th to include the most frequent news. To see the update scroll right to the end of the article Whilst the entire world seems to be in huge economic trouble the situation in Chile seems a lot more stable. Here is my view of the current situation with link to sources. [...]

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O.k. folks sorry no pictures right now but I will post some pictures of our weekend later. Liz and I have started our house apartment hunt. We are very much interested in buying. The strange thing for a European. The house prices are NOT published in the local currency CLP but in Unidad de Fomento [...]

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