Chile wants loans, focuses on aid for quake areas


CONCEPCION, Chile (Reuters) - Chile will need international loans and three to four years to rebuild after one of the most powerful earthquakes in a century killed hundreds of people and demolished cities and towns, President Michelle Bachelet said on Thursday.

Saturday's 8.8-magnitude quake destroyed or seriously damaged hundreds of thousands of homes, wrecked bridges and highways and cracked open modern buildings in the capital's suburbs. It also shattered vats at Chile's famous vineyards and briefly shut down some of the world's richest copper mines.

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