—S&P IPSA · Fri., Oct. 9 close · unconfirmed

DailyDrop.

—USD/CLP · Fri., Oct. 9 close · unconfirmed
S&P IPSA—USD/CLP—S&P 5007,811.54▲0.59%10/9WTI$91.85▲0.39%10/9Gold$4,216.30▲1.43%10/9
Chile · MiningPress ✓ 4 outlets · Codelco according to Cooperativa, La Tercera, DF and Reuters

Two subcontractor workers die in an avalanche at Codelco’s El Teniente mine

On Sunday, October 11, the avalanche trapped three people in the open pit; one was rescued and two were found dead. The union wants to know why they were in a critical zone with mining operations suspended.

Codelco reported on Sunday an avalanche in the open pit sector of its El Teniente Division, in the municipality of Machalí, O’Higgins Region. Three workers were affected: one was assisted and taken to a medical center, and at night the state company confirmed the deaths of the other two, according to Cooperativa, La Tercera and DF. Reuters picked up the company’s initial notice.

The dead were workers of the subcontractor San Lorenzo, which provided services through Aura, and they were carrying out inspections in sectors of the pit whose operations had been suspended because of bad weather, La Tercera reported. The union asked for an inquiry into why they were working in a critical zone. President Kast said “it has been a hard winter for Chile”, according to Teletrece. DailyDrop has not yet seen the official cause or the names of the victims.

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By the numbers
3workers trapped by the avalanche
2dead, confirmed by Codelco
1worker rescued
Politics · PollsPress ✓ 2 outlets · Criteria according to Cooperativa and ANSA

Kast’s approval falls to 27% and disapproval rises to 64%, according to Criteria

The Criteria poll, published on Sunday, put the approval of President José Antonio Kast at 27%, three points lower than in the previous reading, and his disapproval at 64%, according to Cooperativa. The Italian agency ANSA summed up the figure as a drop in popularity after the first seven months in office. DailyDrop did not see the margin of error or the fieldwork dates.

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Word of the day
disapprovalrejection of performance

Percentage of respondents who say they do not approve of the way the President governs; it is measured separately from approval.


World · War in UkrainePress ✓ 4 outlets · Reuters, Dawn, New Straits Times and Kyiv Independent

Trump announces an “energy truce” between Russia and Ukraine; Russia struck power plants hours later

On Sunday the 11th, Trump said in a social media post that Russia and Ukraine had agreed to stop attacking each other’s energy infrastructure immediately. In Kyiv it caused surprise: Zelensky said he would support the truce if Moscow also kept it, according to Reuters and Mint. Moscow had not confirmed it, the New Straits Times reported.

Shortly afterward, Russian attacks struck several Ukrainian power plants, including one in Kharkiv, according to Zelensky and Kyiv Independent. In markets, Brent fell on Monday in Asia (−US$1.54) on expectations of more Russian crude, according to Business Recorder. US senators are also questioning a diesel deal with Russia.

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World · Middle EastPress ✓ 4 outlets · Saudi authorities according to AP, Japan Times, Dawn and CNA

New Houthi missile strikes Riyadh airport: one dead and eleven injured, a day after the attack that left at least 12 dead

The Saudi civil aviation authority reported that a new Houthi attack struck King Khalid International Airport on Sunday the 11th and killed a Pakistani resident, as well as injuring eleven other people, according to Japan Times and Dawn. On Saturday the 10th a missile had caused at least 12 deaths and more than 300 injuries, according to AP and Straits Times; CNA and GMA report 13 dead.

The United Kingdom and the US issued alerts to their citizens. Iran, for its part, said the US accepts some of its conditions to reopen the Strait of Hormuz, but with an “inadequate” response, according to Livemint and Rappler. DailyDrop did not see a confirmed military response from Riyadh or Washington.

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Economy · EmploymentPress ✓ 2 outlets · Cooperativa and La Tercera

Government prepares ten labor measures to present before 2027, as the opposition calls on it to “loosen the purse strings”

The minister holding two portfolios, Economy and Mining, Daniel Mas, said the administration is working on a new package to confront the labor emergency and that next year will be “the one of growth and jobs”, according to Cooperativa. La Tercera detailed a battery of projects that the government is readying against the jobs crisis.

Cooperativa also reported that Núñez called the current pro-employment program “insufficient” and asked the government to “loosen the purse strings a bit”. DailyDrop did not see the text of the measures or their cost.

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In brief
  • Stocks and dollar: no Friday the 9th close confirmed by two sources; today is a holiday in ChileDailyDrop
  • Wall Street, Friday the 9th: S&P 500 7,811.54 (+0.59%); Nasdaq 27,366.17 (+0.64%); Dow 51,654.95 (+0.83%)market data
  • WTI US$91.85 (+0.39%) and gold US$4,216.3 (+1.43%) at Friday’s closemarket data
  • Brent falls US$1.54 in Asia on expectations of more Russian crudeBusiness Recorder
  • Iran says the US accepts some conditions on Hormuz, but its response is “inadequate”Livemint, Rappler
  • Drone hits a tanker in the Strait of Hormuz and forces the crew to evacuateLa Tercera
  • Peru orders pretrial detention for a man accused of recruiting fellow Peruvians to fight for RussiaLa Tercera, BioBioChile
  • Five Coquimbo reservoirs reached full capacity after years of droughtCooperativa
  • Actor Gabriel Prieto dies at 65La Tercera, BioBioChile
  • Shooting in La Legua leaves one deadLa Tercera
  • Poland investigates a possible plot against Prime Minister TuskAP, Reuters
  • Glucksmann wins the French Socialist primary for the presidential raceReuters
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Unverified — what we could not confirm

“Russia and Ukraine have already agreed to the energy truce.” Only Trump said so: Zelensky said he would support it if Moscow also keeps it, Moscow did not confirm it, and Russia struck power plants hours later (Reuters, New Straits Times, Kyiv Independent).
“Only one worker died at El Teniente.” Relatives first put the toll at one dead; Codelco later confirmed the deaths of two (Cooperativa, La Tercera).
“Saturday’s attack on Riyadh left 13 dead.” The figures differ: AP and Straits Times report at least 12; CNA and GMA, 13. DailyDrop uses “at least 12” until there is a single official toll.
Glossary · dotted words — economics, politics, security and sports terms explained in the context of the story. The list grows every day.
INSIDETwo subcontractor workers die in an avalanche at Codelco’s El Teniente mineChile · MiningKast’s approval falls to 27% and disapproval rises to 64%, according to CriteriaPolitics · PollsTrump announces an “energy truce” between Russia and Ukraine; Russia struck power plants hours laterWorld · War in UkraineNew Houthi missile strikes Riyadh airport: one dead and eleven injured, a day after the attack that left at least 12 deadWorld · Middle EastGovernment prepares ten labor measures to present before 2027, as the opposition calls on it to “loosen the purse strings”Economy · Employment