Saturday, April 27, 2013

Chile: Fall in copper price leaves Chile reeling

Chile's copper industry, the country's main source of fiscal revenue, is experiencing its lowest prices in twenty years.

The country is the leading producer and exporter of copper in the world, with China its biggest customer.
But now the Chinese appetite for the metal is waning, affecting every sector of the Chilean economy.
Al Jazeera's Lucia Newman reports from Santiago.