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Economy & Business - January 2020

CHILE: Broken retail faces adjustments

Chile is facing something of a retail industry melt-down as the upheaval caused by social and political protests enters its fourth month. According to themds.com, a global online fashion business journal, protests and demonstrations have tipped retail sales into a downward spiral with falls of 27% (Hong Kong and Paris, also in the throes of widespread and sometimes violent political demonstrations, are suffering a similar trend).

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