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The International Consortium of Investigative Journalists has published a trove of leaked documents linking the business dealings of Isabel dos Santos, daughter of longtime Angolan President Jose Eduardo dos Santos, with diverted state funds.
Recent U.S. actions against Iran are allowing Israel to ease off its own threats. But it's only a matter of time until a less hawkish U.S. strategy reinstates Israel’s place as the most likely actor to strike Tehran and potentially spur a regional conflict.
Chilean state-owned copper mining firm Codelco said that it has raised $1 billion in funding from bond sales, its second bond issue following a $2 billion issuance in September, raising the company's debt to $20 billion, Mining Journal reported Jan. 8.
Chile's economic activity contracted 3.3 percent in November 2019 compared to the same month in 2018, the country's central bank said Jan. 2. Mining activity as an expression of gross domestic product also dropped 5.1 percent in the same month amid the country's widespread protests.
Angolan officials have frozen around $1 billion belonging to Isabel dos Santos, the former head of the state oil company Sonangol and the daughter of the country's former long-time president, Reuters reported Jan. 2.
The ruling Chile Vamos coalition reached an agreement with left-wing opposition lawmakers on Dec. 9 to establish a gender representation quota of at least 45 percent men and 55 percent women in a constituent assembly that will draft a new constitution, El Dinamo reported Dec. 9.
Chilean President Sebastian Pinera struck a deal with opposition lawmakers on Nov. 21 to increase pension minimums by 50 percent over the next three years, lower public transport costs for retirees and cut medicine prices, Bloomberg has reported.
Following more than four weeks of intense protests that have rocked the country, Chilean legislators agreed on Nov. 15 to hold a public referendum in April 2020 about whether to replace the country's Pinochet-era constitution, according to The Guardian.
The Chilean government is planning to begin the process of drafting a new constitution under the auspices of a constituent congress and final ratification through a referendum, Bloomberg reported Nov. 11.
The shadow of Jamal Khashoggi isn't hanging over the desert kingdom's investors like last year. Even so, the Iranian threat, muddled policies and more are scaring away many investors from Riyadh's Vision 2030 economic plan.
Chilean President Sebastian Pinera has announced plans to assemble an intelligence team to focus on protests, as well as submit several bills to Congress to raise penalties for demonstrators who engage in violence and vandalism, Reuters reported Nov. 7.
Chile's Federation of Petroleum and Allied Workers of Chile issued a statement late Nov. 5 demanding the government open dialogue with protesters and move ahead with constitutional reform or risk provoking a strike that could disrupt critical flows of fuel in the country.
The Chilean government has downgraded its 2019 growth projections from 2.6 percent to 2.0 to 2.2 percent, Finance Minister Ignacio Briones said, citing recent protests as one contributing factor, Reuters reported Nov. 4.