Chile

Vozinha arrived in Santiago on Sunday to a lively reception from Colo Colo’s fans and joined his new team-mates in training two days later.

The veteran goalkeeper became a cult hero when Cape Verde claimed their first-ever World Cup point against Spain in the group stage and has seen his social media fame explode from 50,000 Instagram followers to nearly 30 million.

After helping his team reach the knockout stages, taking finalists Argentina to extra time in the last 32, Vozinha was named in Fifa’s team of the tournament and even had a newly discovered species of sea slug named after him.

Vozinha’s career has taken him to Slovakia, Angola, Moldova, Cyprus and, most recently, Portuguese second division side Chaves, but he has always believed himself to be a “‘big club’ player”.

Joining Colo Colo, the most successful team in the Primera Division (34 titles) and Copa Chile (14), is his career “highlight”.

“The decision was very clear. Despite playing in smaller leagues for clubs that weren’t exactly giants, deep down I always told myself I was a ‘big club’ player,” Vozinha said.

“So when Colo Colo came calling, there was no doubt. From day one, I knew where I wanted to play. I received many offers but Colo Colo was always the priority.

“The World Cup was the best thing that ever happened to me in football, but that is in the past now. Being here representing Colo Colo – a massive club with a rich history – is the highlight of my club career.”

The 40-year-old goalkeeper made headlines around the world after starring in Cape Verde’s goalless draw with Spain.

Cape Verde’s heroic World Cup goalkeeper, Vozinha, has reached an agreement to join Chilean club side Colo Colo.

The 40-year-old stopper, who made headlines around the world after starring in a goalless draw with Spain, will travel to Chile for a medical before being unveiled, Colo Colo’s president, Anibal Mosa, announced on Saturday.

Vozinha became one of the most talked-about players at the World Cup with a string of remarkable saves against top teams, including defending champions Argentina.

The goalkeeper, who left Portuguese second-tier side Chaves before the summer, was voted into FIFA’s fan-selected World Cup dream team.

“Vozinha will be a Colo Colo player. In the coming days, he will travel to Chile, undergo the usual medical examinations and then be presented here at the Estadio Monumental,” Mosa said.

He added that Vozinha’s World Cup performance showed he deserved the move, while acknowledging the signing also carried marketing appeal for the Chilean side.

Colo Colo teased the signing on social media with an image appearing to show the veteran goalkeeper’s trademark curly hair.

Vozinha, whose full name is Josimar Jose Evora Dias, has also become a social media star, with help from Brazilian influencer Casimiro. The goalkeeper’s Instagram following has soared from 50,000 to nearly 30 million.

He also made headlines after revealing that his mother, Ana Candida Evora, was unable to travel to watch her son due to the cost of a bond payment for a visa to enter the US.

She was eventually granted a visa with all travel fees waived after lobbying from US House Democratic leader Hakeem Jeffries.

Colo Colo, who are based in the Chilean capital Santiago, are currently top of the Liga de Primera.

They are the most successful side in Chile and the only club from the country to win the Copa Libertadores.

SANTIAGO, Chile, July 22 (UPI) — Chile’s Congress approved most of the economic and tax reforms promoted by President José Antonio Kast — one of the flagship initiatives of his government agenda.

The reforms include a gradual reduction in the corporate tax rate from to 23% from 27% to encourage investment and revive economic growth.

The Chamber of Deputies on Tuesday passed the National Reconstruction and Economic and Social Development bill, which also establishes tax incentives for the repatriation of capital, creates compensation mechanisms for companies when courts overturn projects that have already received Environmental Qualification Resolution approval and eliminates the tax on a first home for older adults.

Finance Minister Jorge Quiroz said the initiative seeks to “restore tax competitiveness” and provide greater certainty for investment.

“We have approved measures to restore certainty for investment in Chile, remove permitting barriers that have kept investment projects and economic activity stalled, and provide security for those who decide to invest,” he said.

The approval represents one of Kast’s main legislative victories since taking office in March, and allows him to advance one of the pillars of his economic agenda — reducing the tax burden to stimulate private investment and accelerate growth.

Jorge Berríos, academic director of the Graduate Diploma in Finance at the Faculty of Economics and Business of the University of Chile, told UPI that the reform is intended to restore investor confidence and create conditions for the country to return to growth above 3%.

“A reduction of several percentage points in the corporate tax rate has positive effects on companies and the economy, although those results are generally seen over the long term,” he said.

Berrios said some effects could be felt sooner in the labor market because of the subsidies included in the initiative, as well as through an improved perception of Chile among domestic and foreign investors.

“The Chilean market is returning to a structure similar to that of the 1990s, with market-oriented reforms that allowed the country to achieve strong growth and stand out in Latin America,” he said.

Berríos said the Chilean economy experienced several years of uncertainty marked by increased regulation and higher taxes — factors that he believes damaged the country’s standing among investors.

The Confederation of Production and Commerce, the country’s leading business organization, welcomed approval of the bill. Its president, Susana Jiménez, said the initiative represents “an important step toward restoring the economy’s dynamism and returning to growth.”

The only provision still awaiting approval is the compensation mechanism for municipalities, which will lose part of the revenue generated by the tax on residential properties.

SANTIAGO, Chile, July 16 (UPI) — Chile declared a preventive state of emergency across 10 of its 16 administrative regions as authorities warned that an exceptionally severe weather system linked to El Niño could bring life-threatening conditions, widespread flooding and significant property damage.

President José Antonio Kast’s government issued the emergency declaration ahead of a powerful frontal system expected to trigger flooding, overflowing rivers and landslides in the Andes foothills.

Chile’s Meteorological Directorate forecast that the system, which already has reached the country’s southern regions, will persist for five consecutive days, bringing heavy rainfall, strong winds, snowfall in the Andean foothills and hazardous coastal conditions.

Central and southern Chile are expected to face three consecutive frontal systems, including a Category 5 atmospheric river, the highest level on the scale used to measure these corridors of concentrated atmospheric moisture. In response to the multi-hazard event, authorities issued the country’s highest meteorological alert.

Meteorologists warned that Santiago alone could receive between 4 and 6 inches of rain during the event, more than half the precipitation the capital typically receives from four to six major winter storms.

According to records from Santiago’s main weather station, the city averages 11.27 inches of precipitation annually. The approaching system could deliver between 35% and 52% of the city’s average yearly rainfall within just a few days.

Metropolitan Gov. Claudio Orrego said the situation could become even more challenging because the region has experienced an unusually dry year.

“The metro area is expected to get [5.5 to 8 inches] of rain over four days, with winds reaching about [45 mph], and the freezing level has climbed above [11,500 feet]. That adds up to a difficult situation for the region. We expect the power companies to respond appropriately to what’s coming,” Orrego said.

Chile’s National Geology and Mining Service, known as Sernageomin, warned of a high probability of mudslides, landslides, rockfalls and flooding.

Kast said the Armed Forces had been placed on preventive standby to strengthen the government’s emergency response capabilities.

“The Armed Forces have ordered their personnel into preventive readiness so they will be available if a response is required,” Kast told Radio BioBio.

As an additional precaution, authorities suspended classes at preschools and schools in the affected areas.

Officials also urged residents to prepare for possible disruptions to essential services, including drinking water and electricity. One of the government’s main concerns is the resilience of the power grid after severe storms in August 2024.

During that event, wind gusts exceeding 74 mph damaged critical infrastructure, leaving more than 80,000 households without electricity for as long as six days.

Carolina Martínez, director of the Coastal Observatory at the Pontifical Catholic University of Chile, warned that the storm’s effects could continue even after rainfall subsides.

“We should not only be concerned about the rain, but also about the behavior of the ocean, the response of beaches, unstable coastal cliffs, hillsides reacting to higher river flows at river mouths and intense or concentrated rainfall,” she said.

Martínez said the storm could cause localized flooding, shoreline changes, wave overtopping, increased pressure on wetlands and river mouths, along with sinkhole risks in the most vulnerable areas.

The preventive state of emergency will remain in effect through Tuesday.

June 24 (UPI) — Global aquaculture production reached a record high, while Chile maintained its position as the leading supplier of salmon to the United States and one of the sector’s top exporting powers, according to a report by the Food and Agriculture Organization of the United Nations.

According to the report The State of World Fisheries and Aquaculture, global fisheries and aquaculture production reached 235 million tons in 2024. For the first time, aquaculture production surpassed 100 million tons of aquatic animals, 89% of which is destined for human consumption and provides at least one-fifth of the animal protein consumed by 3.1 billion people.

The Food and Agriculture Organization of the United Nations said Latin America and the Caribbean account for 15% of global aquatic product exports despite representing 9% of worldwide production, with a total of 13 million tons.

The region exported $27 billion worth of aquatic products, driven mainly by Chilean salmon, anchoveta from Peru and Chile, and Ecuadorian shrimp.

In this context, Chile ranks first in aquaculture production in Latin America, is the largest supplier of salmon to the United States and the world’s fifth-largest exporter of aquatic animal products.

Together with Norway, Chile accounts for nearly half of the value of global salmon and trout exports.

“The growth aquaculture has experienced in recent decades has not been accidental. Behind this progress lies significant work in research, innovation and technological development,” Valeska San Martín, an academic at the Coastal Research Center of the University of Atacama and a researcher at the Millennium Institute in Coastal Socio-Ecology, told UPI.

She said these advances have enabled the development of better feed for farmed species, more efficient genetic selection programs, increasingly precise environmental monitoring systems and automated tools that optimize feeding and health management.

“All of this has helped increase productivity and improve the efficient use of resources while at the same time reducing part of the costs associated with production,” she said.

San Martín added that Chile has been one of the most important players in global aquaculture development and is recognized by the Food and Agriculture Organization of the United Nations as one of the world’s 10 leading aquaculture producers.

“In 2024, it led global exports of frozen salmon and trout fillets, processed mussels, fishmeal and various algae-derived products, reaching more than 100 international markets, particularly the United States, Japan, Brazil, China and Europe,” she said.

Growth prospects remain positive, according to SalmonChile, the industry association representing salmon producers.

“Chilean salmon exports maintained a positive trend in 2026. During the first quarter, they reached $1.991 billion, representing growth of 8% in value and 19% in volume compared with the same period a year earlier,” the organization told UPI.

SalmonChile added that the record achieved by global aquaculture in 2024 confirms the growing prominence of aquaculture products in international trade and consolidates Chile’s position as one of the world’s leading salmon-producing powers.

SANTIAGO, Chile, May 8 (UPI) — An economic reform plan Chilean President José Antonio Kast announced to revive the country’s economy is drawing criticism over its potential short- and medium-term fiscal impact, as the International Monetary Fund lowered its growth projections for Chile.

The IMF’s World Economic Outlook report had estimated in mid-April that Chile’s gross domestic product would grow 2.4% in 2026 and 2.6% in 2027. However, the organization said this week it revised those projections to 2.2% this year and 2.5% in 2027 if external conditions and the country’s fiscal situation improve.

“Economic activity, driven by investment and exports in 2025, faces a period of heightened uncertainty,” the IMF said.

The report said higher copper production and prices support growth expectations, but warned of risks that include the crisis in the Middle East, rising oil prices and loss of domestic competitiveness tied to the sharp public spending cuts promoted by Kast.

The Chilean president’s plan includes proposals to reduce corporate taxes and cut bureaucracy in an effort to stimulate private investment. Congress is discussing tha proposal.

“Amid persistently high inequality, social discontent also remains a risk,” the IMF report said.

The IMF is not the only institution warning about the risks associated with the government’s National Reconstruction Plan.

Chile’s Autonomous Fiscal Council, an independent public agency tasked with monitoring the sustainability of fiscal policy, warned about the proposal’s possible impact on the country’s fiscal balance and public debt.

“The project commits fiscal spending with a high degree of certainty in the short term and reduces permanent revenue, while the positive effects depend on more uncertain future income associated with growth, which could lead to a deterioration in the fiscal balance if growth does not materialize at the estimated magnitude and speed,” the council said.

Jaime Bastías, director of the auditing school at Finis Terrae University, told UPI the IMF’s downgrade was “absolutely” expected because Chile’s central bank had already made a similar adjustment, while debate over financing the government’s proposal continues to intensify.

“The government’s plan can be an engine that helps us face the storm we are going through, but that is heavily conditioned on the state maintaining orderly public finances. The IMF says that if the proposed tax cuts are not offset through other channels, the country’s debt will grow too much, and that will create another problem,” Bastías warned.

Carlos Smith, a researcher at the Center for Business and Society Research at Universidad del Desarrollo, told UPI the IMF report shows that both external and domestic factors are likely to weaken household income and affect consumer spending.

“Consumption is one of the main drivers of Chile’s GDP. The IMF expects it to contract and that is already beginning to show, along with a very weak labor market. Chile is in a much weaker condition,” he said.

Smith said that although the IMF lowered its growth forecasts, the organization still appears optimistic about the long-term positive impact of the government’s proposed reforms.

“The impact will materialize more slowly than the finance minister expects. Therefore, the IMF is suggesting more efficient alternatives such as lower costs or more limited subsidies to create new jobs,” Smith said.

He added that while Ciles should adjust some aspects of the reform, he believes the plan is still moving in the right direction.

“I agree with the IMF that the proposal needs refinement and should focus on removing obstacles to investment projects without lowering the standards of our legislation or environmental protections. If that is achieved, I believe there is a possibility of reaching 3% growth by the end of the decade,” he said.

Bastías agreed, saying Chile could grow at 3% by 2030 if copper prices remain high, production increases and more private investment arrives.

“It is an optimistic scenario where we need to focus on stimulating those three factors. If that favorable future does not materialize, we will all pay the costs,” he said.