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Mudslide in Las Condes caused up to US$170 million in damage, according to preliminary estimate
Inciti calculates US$172.8 million in damage to buildings in San Carlos de Apoquindo, while Colliers estimates around US$50 million.
El Niño and storms in Santiago put downward pressure on Chile’s growth in 2026
Insurers estimate US$200 million in damage from the mudslide and storms, while the IMF, Central Bank and banks lower their GDP forecasts.
2027 budget cuts Environment Ministry's climate change funding by 57%
The bill halves support for renewable energy while the Magallanes gas subsidy remains the Energy Ministry's largest budget item.
Broad Front calls for suspension of sweeping reform and changes to the 2027 Budget
The opposition party estimates that halting the tax cut would free up around US$1,000 million in 2027 to tackle unemployment.