Chile's finance minister expects job losses, fuel hike in wake of protests

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Chile's finance minister expects job losses, fuel hike in wake of protests
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Chile's finance minister predicted on Thursday that as many as 300,000 jobs...

SANTIAGO - Chile’s finance minister predicted on Thursday that as many as 300,000 jobs could be lost because of the impact of four weeks of rioting on one of Latin America’s strongest economies.

The peso currency, which hit a historic low on Thursday, also raised the specter of a hike in fuel costs, Briones told reporters outside the committee.The past month’s protests started over a hike in public transport fares but have broadened to encompass grievances over low wages, the high cost of living and social inequality.

The ministry did not link the health issues to the protests, but said they were due to “a situation of high health risk to the population”.It also raised concerns about the health implications of a Santiago-wide strike announced by trash collectors, which has seen waste mount on the streets in recent days.

Ana Piquer, the executive director of Amnesty International Chile, said Pinera should respond to the many complaints of police excesses. The father of Camilo Catrillanca, a Mapuche man from the southern Araucania region, which has long been in conflict with the state, appealed to people to demonstrate “calmly.”

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