Three huge forest fires hit Chile
Firefighters in Chile are battling three huge wildfires that have burned about 90 square miles of forest, destroyed more than 100 homes and driven out thousands of tourists.
The fires have also claimed their first victim: a 75-year-old man who refused to leave his home.
Chile's normally rainy southern regions are suffering from a nationwide heatwave on top of a drought. In all, the country battled 48 separate fires yesterday alone.
The fires also destroyed an Arauco company paper mill. Its Copec parent company's shares dropped nearly 4% in today's trading.