Chile’s finance minister warned on Tuesday of the “grave consequences” for the nation’s economy of three weeks of often violent unrest after the peso slid 4% to hit a historic low against the dollar. Ignacio Briones said the weakening of the peso was a “sign of worry” that he and his colleagues were watching very carefully.
Around 75,000 people took to the streets in Santiago on Friday as part of ongoing anti-government protests in Chile. Local press reported the mostly peaceful demonstration as the second-largest since the protests broke out three weeks ago.
Chile's president said on Wednesday his government had “nothing to hide” concerning allegations that police killed, tortured and sexually assaulted civilians during deadly protests against him. Prosecutors say five of the 20 deaths recorded in the protests against high living costs were suspected to have been at the hands of security forces.
Chilean protesters clashed with security forces on Monday, several hours after embattled President Sebastian Piñera announced a cabinet reshuffle in his latest bid to end 10 days of street demonstrations.
Chile´s government extended a state of emergency to cities in its north and south after at least eight people died amid violent clashes and arson attacks over the weekend, the interior minister said on Sunday night.
Ecuadorean authorities began arresting shopkeepers for raising food prices as indigenous groups clashed with security forces on Sunday in the fourth day of protests against President Lenin Moreno's austerity measures.