Chile unrest: Gov’t says cost of damages ‘surpasses $1bn’

Sporadic looting, rioting in Chile despite government concessions to protesters demanding economic and social reforms.

The government of Chile says the damage caused by weeks of unrest has surpassed $1bn.

Two international summits, due to be held in Santiago, have been cancelled due to the protests and the country’s tourism sector has taken a battering.

The demonstrations started two weeks ago about a metro fare increase but have since grown to include calls to tackle growing income disparity.

Despite Congress passing a bill to freeze electricity prices, the protesters show no signs of backing down.

 

Al Jazeera’s Lucia Newman reports from Santiago.