Chile was shaken Thursday by a strong 6.3-magnitude earthquake that officials said was not an aftershock from the massive quake that killed hundreds and left two million in precarious living conditions last weekend.
Venezuelan voters' confidence in President Hugo Chávez is beginning to wane as a result of the electricity crisis, water rationing, economic measures, decisions limiting private property and attempts at leading the country into a Socialist system.
Chile’s plans to repair the damaged caused by last Saturday’s earthquake are likely to cost the nation an estimated 30 billion US dollars and three to four years work, according to EQECAT, a firm that evaluates catastrophe risk for insurers.
The tourism industry in Chile has been hit hard as travellers cancel trips to the disaster-struck country. Since the 8.8 magnitude earthquake hit Saturday, Andes Hostel in Santiago has received five to six cancellations per day, an employee told the Santiago Times.
The Secretary General of the Organization of American States (OAS), José Miguel Insulza, on Wednesday presented his candidacy for re-election in a speech before the Permanent Council in which he offered to continue to be a “partner” in the use of a “modern multilateralism to apply our common agenda, as ambitious as it may be, for the benefit of the people of the Americas.”
Passenger traffic at Santiago de Chile’s main airport should reach 50% of normal activity on Thursday following the increase in commercial airlines flight numbers and the reopening of the domestic air terminal, reports the Chilean Civil Aeronautic Agency.
The water level of Venezuela’s El Gurí dam which provides 75% of the country’s power is rapidly approaching the “critical zone” having dropped to 254 metres, just 14.45 metres from “collapse point” warned President Hugo Chavez.
Chilean cement maker Melon led earnings in the IPSA stock market Wednesday operations with shares soaring 68% on expectations that the company would benefit from reconstruction efforts. Nevertheless, the IPSA select index fell 1.36% to 3708.91.
“The epicentre is on land, therefore there should be no tsunami”. That was the information that the Chilean Navy -through its hydro-graphic and oceanographic office “Shoa”- delivered to President Michelle Bachelet in a communication at 05:20 am on Saturday.
The Falkland Islands government sent on Tuesday a message (in English and Spanish) of sympathy and support to the Chilean people “at this terrible time of tragedy”.