Of all four Pacific Alliance countries, Colombia spends most on its congressional representatives, despite the South American country’s low wages. According to a report published on Monday by economic newspaper La Republica, the state pays Colombia’s congressmen a total of nearly $2.1 million per month in salaries, almost double the total of Chile, whose congressmen have the highest individual salaries, but in total cost the state $1.2 million per month.
Peruvian lawmakers elected an opposition legislator as head of Congress in a new but hardly unsurprising defeat for the ruling party and increasingly unpopular President Ollanta Humala who this week begins the last year in office. GfK polls indicate the president has a disapproval rating of 80%.
Chile will insist at the two-day Pacific Alliance summit which took off on Wednesday in Paracas, Peru, that a convergence with Mercosur is needed to ensure the integration of Latina America, and this is more evident now that both groupings face similar challenges such as falling prices for commodities, normalization of US monetary policy and an international context of slow growth.
China and Peru have agreed to study the feasibility of a controversial 5,300 km transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported.
A giant manta ray of approximately 1.000 kilos was caught by Peruvian unsuspecting fishermen operating at La Cruz inlet, north of the country close to the Ecuadorian border, according to Lima media. Erick Cruz Guerrero, 22 was the young crew member that finally captured the giant manta ray which had to be unloaded with a crane.
Pope Francis will make his first visit as pontiff to Spanish-speaking Latin America in July, stopping in Ecuador, Bolivia and Paraguay, the Vatican said Thursday. The pope will kick off his trip in Ecuador on July 6, then travel to Bolivia on July 8 and wrap up his tour in Paraguay from July 10 to 12.
Peru's prime minister was ousted by Congress in a vote of no confidence late on Monday following allegations of spying on her opponents, delivering a blow to President Ollanta Humala who will now have to form another new government. The new PM will be Humala's seventh in less than four years.
Peru said it was withdrawing its ambassador from Chile, amid an intensifying diplomatic spat that was sparked by accusations of military espionage. The Peruvian government is prosecuting two non-commissioned officers in its navy and investigating a third for allegedly spying for neighboring Chile.
Peru will evaluate a natural gas contract it signed with Pluspetrol in 2005 and is asking the Argentine company to leave a restive Amazonian town following deadly protests, the government said on Thursday. Pluspetrol started exploratory activities in natural gas block 108 last year, upsetting locals in the town of Pichanaki who fear it will lead to pollution and hurt farming.
The governments of Guyana, the United States, Peru and Uruguay confirmed this week to the General Secretariat of the Organization of American States (OAS) their consent to receive on site visits as part of the Fifth Round of the Mechanism for Follow-up on the Implementation of the Inter-American Convention against Corruption (MESICIC) of the OAS.