5 of the world’s central banks and their measures to address COVID-19
In the United States, the cost of credit is at its historical minimum, the same as in the 2009 financial crisis.
Debts in times of pandemic: Banks to offer more flexible conditions
Chile’s Financial Market Commission has announced measures to facilitate the flow of credit to individuals and companies and mitigate the pandemic’s effects on the financial system.
How is the Central Bank of Chile dealing with the coronavirus crisis?
As well as a historic reduction in the interest rate, the Central Bank has implemented a series of measures to ensure the market’s normal operation despite the health emergency.
Businesspeople create funds to combat the effects of coronavirus
Anglo American, BHP and Collahuasi are among the overseas companies that have pledged aid for a total of 17,000 million pesos.
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UNCTAD forecasts drop of between 30% and 40% in FDI globally
The organization has updated its forecasts about the impact of Covid-19 on global FDI flows. It was previously forecasting a reduction between 5% and 15%.
All you need to know about coronavirus in Chile
After the first case of Covid-19 (coronavirus) was detected in Chile on March 3, the government launched a national plan of action to minimize contagion.
Chilean company develops a digital solution for detecting coronavirus
The company has used artificial intelligence to create a chatbot that carries out a rapid test via WhatsApp and refers the patient for remote medical attention. The next step is to transform...
Chileans share open code for printing 3D face masks
The model developed is similar to a standard N95 mask, but has some special features. It is antiviral, reusable, modular, washable, recyclable and inexpensive.
Amazon to hire 100,000 workers as online orders surge on covid worries
With shoppers clearing out shelves in fear of quarantines or product shortages, retailers are racing to keep food and hygienic items in stock.
UNCTAD: Coronavirus will hit global FDI flows
The virus outbreak could cause global foreign direct investment (FDI) to shrink by 5%-15%. UNCTAD also projects an impact of -0,5% in the global GDP growth.