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Brazil & Southern Cone - April 2014 (ISSN 1741-4431)

ECONOMIC OVERVIEW: CHILE

Earthquake: On 1 April an earthquake registering 8.2 on the Richter scale struck northern Chile resulting in six deaths. The tremor mainly hit the region of Tarapacá and preliminary reports suggest that some 1,300 homes were severely damaged while another 10,600 more were partially affected. On 8 April the Bachelet government announced that it would assign C$1.6bn (US$3m) for reconstruction efforts in the north of the country.

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