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The article reports on the political activities of Chile's President, Gabriel Gonzalez Videla in November 1947. Before he finished his first year in office, Gonzalez, who reportedly won due to the support of the Communist Party, asked the Soviet Embassy and Czechoslovakian diplomatic mission to leave, after he ousted the Yugoslavian representative a week earlier for helping organize coals strikes. It is said that rising Communism in Chile was bad for business and Gonzalez had to change his coalition cabinet in order to save Chile's economy.

The article reports that Americans who have investments in Chile are worried by the radical changes in this country including the decree to seize all foreign currency deposits.

The article explains the copper shortage in the U.S. concerning its local production and imports. Copper supply distribution had reached 133,333 tons in July 1952 with copper producers generating a 10 percent additional income. The causes on copper shortage in the U.S. were Chile declining a deal to sell 80 percent of its produced copper at a price of 27.5 cents per pound. The U.S. Office of Defense Mobilizaiton devised a 2-price strategy to distribute copper supplies that were unused during steel labor strikes in the U.S.

The article informs that Bethlehem Corp. has granted 37,500,000 dollars for the development of iron ore facilities in Chile, Cuba and Mexico.

The article reports that the Chilean government has passed an ordinance that imposes tax on all outdoor advertising at an annual rate of 20 U.S. dollars per square meter.

The article discusses the economic developments in Chile and Peru in 1942. Chile is concerned with issues including the break up of agricultural estates, unionization of farm labor, and promotion of small consumer industries. It also intends to strengthen exportation of farm products, aside from copper, nitrate and iron ore. Peru relies on importation of many of its food products and on production from irrigated farms. An experimental farm teaches native farmers how to grow food being imported.

The article provides an overview of the developments in international business as of January 1932. Commodity advances in Europe are led by tin, copper and cotton. A moratorium on the foreign obligations of the Bulgarian government has been approved by the Council of Ministers in a bid to maintain private credit. The government of Chile has issued an internal bond worth 200 million pesos to meet its budget deficit as labor unrest continues to raise concern there.

This section offers news briefs on overseas businesses. Germany won a six-month moratorium on its foreign debts except the Young and Dawes loans. Italy restricts foreign exchange and focuses attention in strengthening its gold trade. Japan expands its trading with Chile with the import of the latter's wool and possibly lumber, and considerably increases its nitrate import.

The article discusses the impact of the rise in nationalism in Latin American countries on U.S. businesses with operations in the region. The victory of Marxist Salvador Allende in Chile and his policy of nationalization has sparked similar reform campaigns in Latin America. The expected expropriation of copper mines run by Anaconda, Kennecott and others, new demands on foreign investors, and efforts to cope with Latin American nationalism are discussed. INSET: For a common ground with hostile lands.

The article presents information on the economic condition in Chile. Although Chile has experienced a low demand for metals, export of metals are at peak levels but imports of consumer goods and industrial replacement has been cut off. Despite efforts at price control, the cost of foods, the cost-of-living index and wholesale prices increase. On the other hand, Chile is expanding agricultural production to maintain domestic economy. Through Corporacion de Fomento de la Produccion, a development corporation, Chile has been utilizing equipment from U.S. INSETS: LATIN AMERICA IV;CHILE'S COPPER AND NITRATES;Chilean Economy Depends on Mining.

The article focuses on the election in Chile where a leftist government could be elected to replace the administration of businessmen under President Jorge Alessandri. Candidates include Senator Eduardo Frei of the Christian Democrat party, Senator Salvador Allende and Senator Julio Daran. It notes the apprehension of Chileans on an Allende victory that some have sold their properties so they would be ready to leave for abroad. It notes that Frei is in favor of nationalization although he deems it impractical.

The article reports on the latest business developments and activities outside of the U.S. as of December 26, 1936. It claims that the global business climate is strong, with solid performance in such countries as Chile, Great Britain and Japan. It cites that the only major threat to the booming economy is the possibility of war as shown in the public threat of Germany against the Soviet Union and the volatile situation in China. The situations in the global mining and agricultural industries, among others, are also cited.

This section offers world news briefs related to business. The number of employed in Great Britain dropped by 56,000 in December 1933. A new import quota policy will be implemented in France starting January 1, 1934. Chile has agreed to take full control of the government's wheat market. Representatives of wine distributing companies in the U.S. are negotiating for the purchase of a large quantity of Chilean wines.

The article reports on the need of the Chilean government for foreign investment to help bail out the wallowing economy of the nation in 1974. The government accorded to pay 253-million U.S. dollars to the U.S. Anaconda Co. as copper mines' compensation nationalized by the late President Salvador Allende Gossens. The settlement with Anaconda followed a new foreign-investment decree that promises to alleviate profit repatriation and lower foreign operations' taxes.

The article offers information on the efforts of the Development Corp. to rejuvenate the fisheries industry in Chile with the aid of the U.S. technical experts.

The article reports that the U.S. has negotiated a deal with Chile for the transfer of idle machinery to Latin-American countries.

The article offers an outlook for the political and business conditions of several countries in 1965. The significance of the victory of the Christian Democrat Party of President Eduardo Frei in congressional elections in Chile is noted. The U.S. government intends to offer financing for the expansion plans of copper companies. A scheduled visit to Germany was postponed by King Hassan II of Morocco.

The article reports that the government of Chile will have opportunities to stem the inflation in the postwar period due to the rise in the Chilean copper prices, however, the U.S. manufacturers and fabricators are not happy with the price increase.

The article offers information on the economic developments in various countries in Latin America. It mentions that a constitutional assembly will be conducted in Chile at which a new constitution will be formulated for the Chilean Socialist Republic. It informs that Uruguay is planning an official amortizing organization to control the commercial bills. It reveals that Latin America is encouraging the Brazilian coffee destruction scheme for economic development.

The article discusses the 18-year electrification plan of Chile from 1939 to 1957. Topics discussed include Chile as having the highest per capita water-power potential in the world but lacks the coal of the proper type for large-scale industrial use, the program supported by the Corporacion de Fomento de la Produccion and the Empresa Nacional de Electricidad and construction of industrial facilities as part of the power expansion.

The article offers news briefs related to the various industries of several countries including the plan of Chile to market its future copper output under the international price, the business machine subdivision established by Oerlikon Tools & Arms Corp. of America at its North Carolina plant, and the planned tire factory of United States Rubber Co.

The article reports on the significance of the foreign loan worth 282 million dollars to the infrastructure projects of government in Chile.

The article explores the implications of a deal between European manufacturers of synthetic nitrates and Chilean natural nitrate interests on U.S. producers. The agreement represents 80% of the nitrate sector in the world. American producers think they can undersell members of the cartel, whose primary goal is to keep prices up. An initial impact of the agreement is believed to be a decline in foreign synthetic production. In the U.S. market, the battle will be fought between the Chilean natural product and the local synthetic.

The article focuses on Chile's debt, estimated at between 2.5 billion to 3.5 billion dollars as of January 1972. It states that the country owes this money to several countries, including the U.S., France and Germany, collectively known as the Paris Club, as it will meet with them in Paris, France in February. In contention, as well, is ownership of three copper mines, the El Teniente, Chuquicamata and El Salvador, of which the country owns 49% while the U.S. owns the rest. It is hoped that this should leverage its ability to borrow more.

The article reports on the possible nationalization of Anaconda Chile SA in Chile and the persuasion made by Chilean President Eduardo Frei Montalva for the company to sell its two major copper mines in El Salvador and Chuquicamata. It states that the mining company has resisted pressure for government's involvement in its mines. Mining expert John R. Bogert says that Anaconda's sale to Chilean government will free resources and men which could be devoted to underdeveloped resource projects.