Consumer confidence fell by 12 points from a very pessimistic level to an extraordinarily pessimistic one, reaching 67 points, its lowest level since July. According to the Consumer Perception Index (Ipeco) developed by the Centro de Estudios de la Universidad del Desarrollo (UDD), what most influenced this result was the confidence in the future (expectation index), which registered a marked decline of 15.2 points.
New cases of COVID-19 in Chile have increased 58% in the last two weeks, according to the Ministry of Health. It added that 4,340 new cases of coronavirus were reported in the last day, for a total of 669,832 cases. The Chilean government announced this week that it will tighten quarantines in various parts of the country and step up restrictions due to the large increase in cases in recent months.
Clínica las Condes pointed out that due to the COVID-19 and the government measures adopted during 2020, it was forced to contract extraordinary liabilities for an amount exceeding CH$20 billion ($27.2 million). In addition, the entity states that it had to use the available cash for an amount exceeding CH$8 billion ($10.9 million) between March 31st and July 31st, 2020.
SQM is making progress in improving relations with the communities in the north of Chile through several cooperation deals. SQM promised up to $15 million annually to promote sustainable development in the communities. But key indigenous association rejected them, arguing they do not protect the environment. However, the firm's general manager insisted that there is progress and that commitment to the communities is a priority.
The National Emergency Office of the Chilean Ministry of the Interior (ONEMI) reported that 3,230 hectares of land have been consumed by forest fires in the Valparaiso region. According to the National Forestry Corporation (CONAF), the fires are under control but they have not been extinguished. It is a giant perimeter and the main concern is the advance towards the western sector. The other fronts are quite confined and have low spread.