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The Central Bank of Chile recently carried out an unexpected and aggressive cut in its key interest rate, decreasing it by one percentage point to 10.25% per annum, in a unanimous vote. The move outpaced analysts’ predictions, who had foreseen a reduction between 0.5 and 0.75 percentage points. This marks the first change in the […]
India, with government strategies in place, aims to achieve $300 billion in electronics manufacturing by 2026. These plans include the 2020 Production-Linked Incentive program (PLI), offering over $6 billion in subsidies to attract businesses. Notably, the focus isn’t only on mobiles and telecom gear. It expands to laptops, servers, and semiconductors. Other specialized incentive plans […]
President Javier Milei of Argentina aims to reclaim the Falkland Islands (Islas Malvinas) from the United Kingdom through a diplomatic, patient approach. Acknowledging the complexity, he remains committed to securing Argentina’s territorial claims without resorting to conflict. He maintains that it may take decades to achieve sovereignty over the islands. Milei’s strategy emphasizes building strong […]
