Chile AFPs face losses after rate-swap bets; E Fund down 10.4% YTD
Published 41 min ago1 sourceEvidence: Reported
The Metropolitan Regional Government of Santiago, led by Claudio Orrego, announced a $450 million investment in motobombas (mobile pumps) to bolster flood response capacity, citing new emergencies in areas with no prior flood history. This marks a proactive adaptation to climate change, shifting from reactive to anticipatory infrastructure spending. The investment signals growing fiscal commitment to climate resilience in a major urban center.
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Published 41 min ago1 sourceEvidence: Reported
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