Musician Victor Jara’s family sued a retired Chilean army officer who lives in Florida for allegedly torturing and killing the folk singer and political activist after a military coup four decades ago.
Former President Michelle Bachelet has based her campaign to recapture Chile’s top office on a program of free education for all and higher corporate taxes. Her main opponent calls that model a throwback to the era of the Berlin Wall.
Chile’s peso fell the most in two decades and bond yields rose after the central bank said it will buy $12 billion in the foreign-exchange market, joining other Latin American nations in a bid to offset the dollar’s decline.
Potash Corp. of Saskatchewan Inc. has the best chance in seven years of taking over Soc. Quimica & Minera de Chile SA as a stock slump and trading probe threaten to loosen the chairman’s grip on the fertilizer maker.
Herman Cain, the former pizza executive surging in polls for the Republican presidential nomination, wants to replace Social Security with what he called the “Chilean model” of private pension funds. Full adoption of that model may push the U.S. deeper into deficit than Greece.
Michelle Bachelet first met Hillary Clinton at a photo opportunity, when the Chilean was on the cusp of becoming her country’s first female presidential candidate. The two women wound up talking for almost an hour, on women, politics and health policy.