Chile postpones constitutional referendum

Chilean lawmakers voted to postpone an upcoming vote on changing the constitution in light of the growing coronavirus pandemic. The vote was scheduled to take place on April 26. It is now scheduled for October 25. According to Reuters, the idea was originally proposed by the Minister of Health last week, which was heavily criticized … Continue reading Chile postpones constitutional referendum

Coronavirus in Latin America and the Caribbean: March 16, 2020

Dara from the World Health Organization The World Health Organization published the following updated figures in its March 16, 2020, situation report: Data from the World Health Organization The WHO reports 201 new confirmed cases of COVID-19 in Latin American and the Caribbean and three new deaths from the disease. Uruguay reported its first confirmed … Continue reading Coronavirus in Latin America and the Caribbean: March 16, 2020

Chile cuts rate 75 bps to help credit markets function

  Chile's central bank cut its monetary policy rate by 75 basis points to 1.0 percent to ease the negative impact on the economy from the global spread of the coronavirus and launch a set of measures "to ensure the normal functioning of credit markets and the effective transmission the increased monetary stimulus." It is … Continue reading Chile cuts rate 75 bps to help credit markets function

Chile to close its borders to foreigners

On Monday, President Sebastian Pinera announced that Chile will close its borders to all foreigners this Wednesday in an effort to stem the outbreak of COVID-19. "From Wednesday, ALL land, sea and area borders will be closed for the entry of foreigners. Chileans from countries at risk may enter subject to mandatory quarantine. The Armed … Continue reading Chile to close its borders to foreigners

Coronavirus in Latin America and the Caribbean: March 15, 2020

Data from the World Health Organization / Graph by Nathan Davis The World Health Organization published the following updated figures in its March 15, 2020, situation report: Data from the World Health Organization / Graph by Nathan Davis Antigua and Barbuda Total cases: 1New cases: 0Total deaths: 0New deaths: 0Days since last reported case: 1 … Continue reading Coronavirus in Latin America and the Caribbean: March 15, 2020