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Weekly Report - 15 September 2016 (WR-16-36)
CHILE: Bachelet faces more mining problems
The centre-left Nueva Mayoría coalition government led by President Michelle Bachelet is having to deal with mining problems on various fronts. This comes as Finance Minister Rodrigo Valdés was recently forced to admit “unease” with the latest growth figures released by the central bank (BCCH), caused in large part by the ongoing slump in international prices of copper – the country’s main export – which accounted for 8.1% of its GDP in 2015.
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