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Edition: U.S. Article Slideshow Video Save Email Print Reprints Most Popular Most Shared China PLA officer urges challenging U.S. dominance 28 Feb 2010 Joking Canada closes Games with moose stampede 10:50am EST Long-term cannabis use can double risk of psychosis 7:50am EST Al Gore takes aim at climate change skeptics 8:16am EST Buffett: Health care "tapeworm" drags on economy | Video 12:39pm EST Long-term cannabis use can double risk of psychosis 7:50am EST China PLA officer urges challenging U.S. dominance 28 Feb 2010 Buffett: Health care "tapeworm" drags on economy | Video 12:39pm EST Al Gore takes aim at climate change skeptics 8:16am EST Brain images suggest Alzheimer's drug is working 28 Feb 2010 Chile rushes troops, aid to quake-stricken towns Mario Naranjo CONCEPCION, Chile Mon Mar 1, 2010 3:36pm EST Related News Chile mines reopen, power in south spotty after quake 3:36pm EST Giant waves brought death, misery to Chile coast 3:36pm EST Factbox -10 largest earthquakes since 1900 2:48pm EST Factbox - Five facts about earthquakes and magnitude 2:48pm EST Related Video Tsunami ravages Chile's islands 12:22pm EST Coastal damage in Chile < 1 / 39 > View Full Size CONCEPCION, Chile (Reuters) - Looters raided more stores in this ravaged city on Monday as thousands of Chilean troops struggled to restore order after a huge earthquake and tsunamis killed more than 700 people. World | Natural Disasters Police fired tear gas at looters at one supermarket that later caught fire in Concepcion, more than two days after the 8.8-magnitude quake devastated towns across central Chile and sent tsunamis barreling into coastal communities. President Michelle Bachelet, calling the earthquake an "enormous catastrophe," has dispatched 10,000 soldiers and imposed curfews to restore order and said her government was sending emergency food and medicine supplies. A curfew went into effect overnight in the Maule region and in Concepcion, where hundreds of looters complaining of a lack of food and water have ransacked stores. Looting also broke out over the weekend in parts of the capital, Santiago. Power cuts and mangled roads have slowed relief efforts and threatened to set back a recovery in one of Latin America's most stable economies and the world's biggest copper producer. The death toll stands at 711 and is expected to rise, but both the human and economic cost could have been a lot worse given the size of the quake, one of the world's biggest in the last century. SIGNS OF LIFE Chilean rescuers found signs of life on Monday in a collapsed apartment block in Concepcion, the nearest major city to the epicenter of the quake. Workers heard knocking and other sounds beneath the ruins of the 14-storey building and were drilling into the rubble to try to reach the possible survivors. About 60 people were thought to have been killed when the block crumbled. "We have good news, there are signs of people still alive inside," said firefighter commander Juan Carlos Subercaseaux. Many people were still missing in some communities in the worst-hit central region of Chile. Surging waves ruined houses and smashed cars in fishing villages on the country's long Pacific coast. In the town of Constitucion alone, 350 people were reported to have died and a public gym was turned into a makeshift morgue. Television images showed houses torn from their foundations, cars tossed around and the ground covered in shattered wood and wet mud. "More than 75 percent of the village is destroyed," David Merino, a community leader in the coastal town of Dichato, told Reuters. "After the earthquake there were three waves. The first two were big and didn't do much damage, but the last one almost wiped the village off the map." Dazed residents wandered the picturesque tourist town on Sunday, trying to salvage possessions from ruined homes. "We don't have anything. We lived by fishing and lost everything. How are we going to live?" said 50-year-old fisherman Jose Castillo, holding his fishing knife and a bag as he scouring the ruins of the town for food and water. Throughout the region, families struggled to get basic supplies and protect themselves. "There are mothers without diapers or milk for their infants, and we don't have any water or electricity," said Paz Sanchez, 18, as she filled buckets with water from a tanker truck in the town of Talca. "We organized a group in our neighborhood to ward off looters" ECONOMIC TREMORS Chile's bluechip stock index was down 1.54 percent, but the peso currency recovered from an early 1.5 percent decline and was trading slightly higher. Copper prices jumped more than 5 percent to their highest in five weeks on concerns about possible supply disruptions from the world's biggest exporter of the metal, although they later trimmed gains. Most of Chile's biggest copper mines affected by the quake slowly resumed operations, and the country's ports were also running, but analysts said limited power supplies could curtail exports and further lift copper prices. Two oil refineries remained closed, buoying the gas oil market. Damage from the quake could cost up to $30 billion, equivalent to about 15 percent of Chile's gross domestic product, said Eqecat, a firm that helps insurers model catastrophe risks. Some economists predicted a deep impact on Chile's economy after the quake damaged industrial and agricultural sectors in the worst-hit regions, but said the country's solid fiscal position would help reconstruction efforts. "Chile has ample resources abroad to help finance the cost of its rebuilding efforts," Credit Suisse said. "Alternatively, it should be in a comfortable position to tap external and/or local debt markets." (Additional reporting by Simon Gardner and Alonso Soto in Santiago; Writing by Stuart Grudgings and Helen Popper; Editing by Kieran Murray) World Natural Disasters More from Reuters Fed's Kohn to step down WASHINGTON (Reuters) - Federal Reserve Vice Chairman Donald Kohn, a 40-year veteran of the U.S. central bank, will step down in late June, giving President Barack Obama a freer hand to reshape the institution. Consumer spending up, manufacturing grows | Video Prudential to buy AIG Asia for $35.5 billion | Video Efforts to aid Greece, M&A lift Wall St Stock buybacks hint at optimism about U.S. recovery EU urges new Greek cuts, cabinet to meet on Weds » More Top News Easy money vs. hard reality When is bad news not really bad? When it's eclipsed by the promise of enduring easy money for Wall Street. 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Full Article Baby, look at Mead Johnson now Pfizer catches hedge funds' interest Viking's Halvorsen a top tiger cub DEALS © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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