by MCV | Oct 8, 2009 | Sin categoría
Chile has two great ice masses in its southern Patagonian territory that give birth to important rivers and lakes: Campo de Hielo Norte and Campo de Hielo Sur. The first one has an area close to 4.200 square km; the second one, an area close to 13.900 square km. The...
by MCV | Sep 10, 2009 | Sin categoría
One month ago, the administration of CAP, a Chilean steel and iron producer with a US$ 3.6 billion market value, announced the beginning of negotiations with Mitsubishi Corporation to enable this last one to invest in its closely held mining subsidiary CMP. It so...
by MCV | Sep 1, 2009 | Sin categoría
Estimado señor Director, Una manera constructiva de solucionar la controvertida colocalización de las antenas es separar su aspecto competitivo de su correspondiente pago, sin condicionar uno al otro sino que vaya cada uno por vías paralelas. Para asegurar lo primero,...
by MCV | Ago 12, 2009 | Sin categoría
Presentación Comisión de Hacienda Cámara de Diputados 1. Obligar a los bancos a desprenderse de las sociedades de apoyo, tal cual ocurrió antes con Endesa que tuvo que hacerlo con Transelec, centrándolos en su negocio esencial: captar y colocar platas. Los casos de...
by MCV | Ago 6, 2009 | Sin categoría
Señor Director, Los precios de venta de la energía eléctrica por parte de los generadores se están consolidando alrededor de los US$ 90 por MWh, incluyendo energía y potencia, bajo los precios de los combustibles actuales. En Estados Unidos dichos precios están hoy...
by MCV | Jul 10, 2009 | Sin categoría
A huge crisis has fallen over this industry for the last twelve months. In 2008 it exported US$ 2.47 billion and almost 445.000 net tons of fish. Half of them – in tonnage – were based on the Atlantic salmon; the other half, on the trout and Pacific salmon. The...
by MCV | Jun 24, 2009 | Sin categoría
Average US retail residential prices of electricity, including taxes, have been for the last 12 months to March 2009 US$ 11.58 cents per KWh, whereas in Chile that figure has been around US$ 20 cents or over. Since 1960 and in real terms, US retail residential prices...
by MCV | Jun 4, 2009 | Sin categoría
World economic growth has always been accompanied by short term cycles along its trend. Structural changes – as those we have seen for the last 20 years associated with the entry into the world market economy of a late half of it – mostly affect the first;...
by MCV | May 15, 2009 | Sin categoría
Señor Director: El límite entre Chile y Argentina en la zona de Campos de Hielo fue fijado definitivamente el año 1902, bajo el Laudo Arbitral de Su Majestad Británica Eduardo VII. La laguna del Desierto, del tamaño de la ciudad de Santiago y ubicada a los pies del...
by MCV | May 11, 2009 | Sin categoría
The unanimous declaration of the thirteen United States of America, dated July 4th, 1776 has some remarkable elements that continue being applicable to our present times. At the beginning of it, it says: “We hold these truths to be self evident, that all men are...
by MCV | Abr 28, 2009 | Sin categoría
Señores Lectores, A raíz de la columna fechada el 28 de abril de 2009 publicada en el Diario Financiero ¨Precios de Electricidad en Chile y USA¨ del señor Carlos Abogabir Ovalle, gerente de asuntos corporativos de Colbún SA, entidad que participó en el cuestionado...
by MCV | Abr 23, 2009 | Sin categoría
CAP is a steel and iron Chilean producing company, born out of 1980’s privatizations, that is on the verge of change. Or at least it should be. Its present controlling stake, a convenient agreement between former and present employees and a mine fond investor that...
by MCV | Abr 7, 2009 | Sin categoría
Señor Director, En el caso de colusión en las farmacias, pareciera que se da más importancia a lo que rodea al acuerdo de conciliación de la Fiscalía Nacional Económica con Farmacias Ahumada que al problema de fondo: la destrucción gradual del sistema económico que...
by MCV | Abr 3, 2009 | Sin categoría
Some time from now this period will be known in the US as the Great Scare. It will be recognized as a frightening one where an unjustified panic temporarily shut down the economy, specially the financial world, ending with real loses in jobs and wealth creation and...
by MCV | Mar 9, 2009 | Sin categoría
Una reciente licitación de suministro eléctrico por parte de las mayores distribuidoras del país arrojó sorpresivamente un valor fijo promedio de US$ 104 por MWh, indexado al IPC americano, para períodos que van entre 12 y 15 años. Las generadoras que ofrecieron dicho...
by MCV | Mar 2, 2009 | Sin categoría
Señor Director, Se acaba de informar que el producto de Estados Unidos cayó 6,2% real anual el cuarto trimestre de 2008. Obviamente una desalentadora cifra. Lo que no se explica es que ésta es sólo una estimación del crecimiento anual si se mantuviera el ritmo de...
by MCV | Feb 24, 2009 | Sin categoría
A recent visit by our President to Cuba has reminded many of our past century history and the position we stand on now as a country. The visit itself and what it tried to show in terms of some political proximity belongs to our past, held by a minority – then...
by MCV | Feb 15, 2009 | Sin categoría
Señor Director, Recientemente se dio a conocer el resultado de una licitación de suministro eléctrico que representa alrededor del 13% del consumo actual de electricidad del país, para plazos entre 12 y 15 años. El precio promedio fue de aproximadamente US$ 104 por...
by MCV | Feb 6, 2009 | Sin categoría
El año 2006 la Superintendencia de Bancos e Instituciones Financieras (SBIF) lo calificó como el ¨año del cliente bancario¨. En dicho ejercicio, la tasa nominal anualizada de las colocaciones bancarias de consumo había promediado, antes de impuestos y gastos asociados...
by MCV | Ene 2, 2009 | Sin categoría
Dear Sir, Time and again you keep saying that the Federal Reserve flooded the market with dollars in the 2000´s and that there would lie the most important reason for its depreciation. If I may reprint, in your last editorial article you state the following:...
by MCV | Dic 9, 2008 | Sin categoría
Technological changes do happen, turning past production functions obsolete. Sometimes there is a certain gradualism that enables economic agents and institutions to adjust; sometimes, time is too short for it. The present economic and financial circumstances seem to...
by MCV | Nov 11, 2008 | Sin categoría
There are two soft spots in our financial system that need to be addressed: one is the dependency of the banking industry on domestic pension funds for long term financing resources; the other, the undercapitalized life insurance industry that pays two thirds of...
by MCV | Oct 17, 2008 | Sin categoría
Here is what Joe knows: he has been paying on average US$ 110 per barrel of oil for the first 9 months of this year, or 66% more than last year’s average price of US$ 66 per barrel. Moreover, he has been paying three times more than long term average prices of oil of...
by MCV | Oct 14, 2008 | Sin categoría
Dear Sir, Has it occurred to you that the present crisis is no crisis after all, once you extinguish this unreasonable panic among financial actors? It turns out that even though the US economy is decelerating, it still grows whether a recession is called for or not,...
by MCV | Sep 24, 2008 | Sin categoría
It is not easy to ascertain the depth of the present financial crisis, to differentiate real economic costs from accounting practices that link asset values to markets where prices are no longer reliable, to get to the essence of the problem out of too many...
by MCV | Sep 13, 2008 | Sin categoría
Estimado Señor Director, Todos estamos de acuerdo en que la inflación es dañina para la economía, y cuando ésta se sale de rangos aceptables, aunque sea temporalmente, sobran las recomendaciones. Aquí le envío entonces una más, antes que continúe la escalada alcista...
by MCV | Jul 31, 2008 | Sin categoría
Our present energy crisis has awoken Chile: as of year 2006, domestic energy production –essentially hydroelectricity – represented 24% of total domestic energy consumption, another 24% – natural gas – was supplied from Argentina, a neighboring...
by MCV | Jul 23, 2008 | Sin categoría
Dear Sir, Congratulations for your article and the effort to keep vigilant on this kind of inefficient and costly business behavior from a private and also social viewpoint. The big question is what could be recommended to do now. What if these GSE´s were already...
by MCV | Jun 18, 2008 | Sin categoría
Documento...
by MCV | Jun 4, 2008 | Sin categoría
There has been an obvious loss of momentum in our economic growth, relative to our own past two decades and the rest of the emerging world. In figures, whereas in the 90’s and 2000’s Chile had an average annual growth rate of 6,37% and 4,34% respectively, the emerging...
by MCV | Mar 6, 2008 | Sin categoría
According to 2007 BP Statistical Review, 2006 world energy consumption amounted to 10.878 million tons oil equivalent – mtoe -, of which 36% corresponded to oil, 24% to natural gas, 28% to coal , 6% to nuclear energy and 6% to hydroelectricity, excluding solar, wind...
by MCV | Feb 22, 2008 | Sin categoría
Estimado Señor Director, A raíz del acuerdo entre Chile y Argentina de 1998 para precisar el recorrido del límite desde el monte Fitz Roy hasta el cerro Daudet, una distancia aproximada de 160 kms, ¿ pierde territorio nuestro país respecto del hasta ahora válido...
by MCV | Dic 14, 2007 | Sin categoría
Some useful lessons are going to be acknowledged after the present financial volatility period settles, particularly in the US. The most important one will be the divergence between the real economy and the perceived one, the dissociation between short and long term...
by MCV | Nov 21, 2007 | Sin categoría
Documento...
by MCV | Sep 21, 2007 | Sin categoría
After the Second Punic War (218 BC to 201 BC), Rome replaced Carthage as the most important power in Western Mediterranean. Given that Macedonia and its Greek followers were also allied to the defeated party, Eastern Mediterranean was also delivered to Rome after a...
