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Dave Sherwood

UPDATE 1-China's Fulin drops plan to build battery parts in Chile

25 Jul 2019

SANTIAGO, July 25 China's Sichuan Fulin Transportation Group Co has ditched a project to build parts for electric vehicles in Chile, the government said on Thursday, leaving in tatters a nascent EV battery industry in the South American nation.

Chilean lawmakers abolish law requiring Codelco to finance military

24 Jul 2019

SANTIAGO Chilean lawmakers passed a measure on Wednesday abolishing an antiquated, decades-old law under which state-run Codelco , the world's largest copper miner, helped foot the bill for the country's military.

IMF lowers global growth forecasts amid trade, Brexit uncertainties

24 Jul 2019

WASHINGTON/SANTIAGO The International Monetary Fund on Tuesday cut its forecast for global growth this year and next, warning that further U.S.-China tariffs or a disorderly exit for Britain from the European union could further slow growth, weaken investment and disrupt supply chains.

IMF says first-quarter global trade growth slowest since 2012, big downside risk

23 Jul 2019

SANTIAGO Global trade expanded by just 0.5% in the first quarter of 2019, marking the slowest year-on-year pace of growth since 2012 amid signs a more significant slowdown is possible, International Monetary Fund officials said on Tuesday.

IMF says first-quarter global trade growth slowest since 2012, big downside risk

23 Jul 2019

SANTIAGO Global trade expanded by just 0.5% in the first quarter of 2019, marking the slowest year-on-year pace of growth since 2012 amid signs a more significant slowdown is possible, International Monetary Fund officials said on Tuesday.

IMF cuts 2019 Latin America growth estimate by more than half

23 Jul 2019

NEW YORK/SANTIAGO The IMF on Tuesday slashed its economic growth expectation for Latin America in 2019 by more than half compared with estimates from just three months ago, citing its downgrades to growth in both Brazil and Mexico, the region's largest economies.

Alert issued for stolen car with nuclear substance in Chile

19 Jul 2019

SANTIAGO What appeared to be a typical case of car theft in Chile's capital on Friday became more dire when authorities said the vehicle was carrying a dangerous radioactive substance.

How lithium-rich Chile botched a plan to attract battery makers

17 Jul 2019

SANTIAGO In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles.

RPT-FOCUS-How lithium-rich Chile botched a plan to attract battery makers

17 Jul 2019

SANTIAGO, July 17 In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles.

Unborn baby dies while Venezuelan mother awaits entry to Chile

13 Jul 2019

SANTIAGO Chilean officials said on Saturday that the unborn baby of a Venezuelan migrant had died while the woman waited for the appropriate visa to cross the border from Peru into Chile.

World News