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Director / Editor: Victor Teboul, Ph.D.
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Amid Slowdown, Chileans Adjust to New Economic Reality

When Betty Villalta opened her bakery in a working-class neighborhood of Santiago four years ago, she thought her business was pretty much recession proof. But in recent months she has been selling pastries in the street to keep the money coming in as bread sales have slid and flour prices have risen. Three businesses on her street have closed their doors this year. "They say food, and especially bread, is something people need, that it has to be eaten. But that's not the...


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