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...However, today, the system is despised by a large number of Chileans and its survival in its current form is doubtful. So, what went wrong?...
...Colin Burke’s knitted and crocheted Aran sweaters, made in Galway, boast unexpected silhouettes – particularly a large, baroque, balloon-like sleeve....
...It is also negotiating with Chilean state copper mining group Codelco over its flagship lithium concession that is due to expire in 2030....
...The SQM offer for Azure was made at a 44 per cent premium to the company’s prevailing share price and was backed by the board and another large shareholder....
...It hosts primary listings for industry giants Rio Tinto, Glencore and Anglo American, as well as Chilean copper producer Antofagasta and Endeavour Mining, which operates gold mines in west Africa....
...This is not inconsistent with what we have seen with large mergers in mining historically....
...No free market principles there: the only change Pinochet made was to direct a large part of Codelco’s export earnings to the armed forces....
...“Typically, there is a seasonality in money market fund flows,” he points out, meaning that “at the end of each quarter, we may record very large inflows or outflows”....
...Installations by Hicks and Chilean artist Cecilia Vicuña will accompany pieces by Tracey Emin, Louise Bourgeois and Jeffrey Gibson....
...“We miss our large garden but don’t want to go back to Mexico.”...
...But the big problem is that when Chile announced this Chilean national lithium strategy, it’s actually sort of scared away a lot of the international investors because there’s a lot of uncertainty about...
...That represents 20 per cent of the country’s total exports, according to the central bank, and Chilean and US investment is rising....
...“There will be some restructuring of demand,” said Maximo Pacheco, chair of Codelco, the Chilean state mining group, which produced the lowest volume of copper in 25 years in 2022....
...Their existence in large numbers is the definition of poverty itself....
...Shelly Antoniewicz, senior director of industry and financial analysis at the ICI, said the majority of the flows, some $29bn, had gone to domestic equity ETFs and that half of that had arrived in just one...
...My favourite purchases have included a cloudy rosé from the California producer Ruth Lewandowski Wines (whose owner, Evan Lewandowski, previously worked in Alsace), a kombucha-like orange wine from Chilean...
...Somehow the absurdist twist works: the elephant in the room has become a large inflatable beagle. Cooper too has taken on a larger-than-life figure and, against the odds, come out a winner....
...The highlight of his stand, “Mystic Package of 1967” ($600,000), a compelling and very large pastel still life by the Chilean realist Claudio Bravo, came to his attention in the catalogue of a pastel exhibition...
...It is also lower grade than the Chilean brines....
...In 2017 and 2020, SQM agreed to pay a total of $92.5mn to settle US cases over alleged improper payments to Chilean politicians....
...As Chile’s largest producer it controls a large supply of grapes . . . meaning it can monitor quality carefully....
...This is a problem for Europe, which is hoping to source large amounts of green hydrogen — made from renewable energy — from Chile in order to meet ambitious targets for imports of the non-polluting gas....
...In July, Chile issued the first SLB in Chilean currency. Heathrow airport also issued an SLB for £650mm. Its targets include a goal of reducing Scope 3 emissions....
...Africa is also forecast to become a major producer of lithium and recent exploration has identified large resources of the metal in the US....
...In 1906, the Swedish artist and mystic Hilma af Klint was “contacted” about a large and ambitious project....
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