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Monthly Archives: September 2015

8.4 Earthquake in Central Chile (September 16, 2015)

Anyone who was not a true believer in Chilean construction quality before, sure must be now. On September 16, 2015, just before 8 p.m. (the sun had recently set), central Chile was struck by a powerful 8.4 Richter Scale earthquake, followed shortly thereafter by major aftershocks on that scale of 7.6, 7.2 and 6.7. The ... Read More

Why the Chilean Peso Is Tanking

The Chilean peso is closely tied to international copper prices and the performance of China’s economy. (Taringa) EspañolMuch has been said about the external forces driving the depreciation of the Chilean peso against the US dollar, but not enough about the domestic causes. In short, there are two external factors at play

Offshore Banking Under Fire

One of the worst parts of holding an American passport, besides FATCA rules that impede financial privacy and freedom overseas in general, and the obligation to pay income taxes on worldwide income, is traveling among hostiles. I am not just talking about travel within Arab countries or places like Central America, Venezuela, Cuba, Russia and……………… ... Read More