Tag: Peru
PeruRevolving cabinet: Humala names sixth prime minister in three years
Peru's President Ollanta Humala has named his sixth prime minister in three years in a surprise cabinet reshuffle that elevated two core members of his ruling party after an embarrassing political scandal.
Humala signs contract for pipeline that will make Peru a leading gas exporter of the region
The consortium made up of Spanish energy company Enagas and Brazilian construction giant Odebrecht signed a contract on Wednesday with Peru's Energy and Mines Ministry for the construction and operation of a natural gas pipeline that will run from the Camisea gas fields to the Pacific port of Ilo.
Moody's confirms Peru as one of South America's strongest economy
Peru's sustained macroeconomic performance has been recognized through the recently announced upgrade to A3 of its sovereign debt by Moody’s Investors Service. According to the credit rating agency, Peru' government debt was lifted two notches to A3 from Baa2, with a stable outlook for the economy.
Peru Interior minister accused of killing a journalist in 1988; refuses to resign
Peru’s newly named interior minister has acknowledged being formally accused of murder in the 1988 killing of a journalist when he was a young army intelligence officer fighting Shining Path rebels. But Daniel Urresti faced reporters and proclaimed his innocence and said he had no plans to resign.
Machu Picchu the destination most world travelers want to see
A travel Web site has selected the Inca citadel of Machu Picchu in southeastern Peru as the destination that world travelers most want to see, Foreign Trade and Tourism Minister Magali Silva said.
Lima ranks as the Latin American with best reputation for making business
Lima, capital of Peru outstands as the leading Latin American city to make business, followed by Santiago de Chile, Buenos Aires, Argentina and Sao Paulo, Brazil, although these last two actually dropped from the previous ranking, according to an annual list made by the Bogotá Rosario University.
Peruvian fish meal and fish oil companies losing money, claims the industry
Out of a total of 12 Peruvian companies in the fishmeal and fish oil industry, only two recorded profits during 2013, while the other ten accumulated a loss equivalent to 87.4 million dollars, according to the country's National Society of Fisheries, SNP.
Peruvian president Humala honoured as “Statesman of the Year” in Canada
Peruvian President Ollanta Humala at the end of his three day visit to Canada was honoured in Toronto by the Canadian Council of the Americas with the “Statesman of the Year” annual award. On thanking the award President Humala said that Peru during this year is expected to expand over 5.5% while investment is set to increase by 8%.
Uruguay and Peru in line for a possible upgrading, according to Moody's
Uruguay and Peru are the first Latin American countries in line for a possible credit rating hike by Moody's Investors Service, at a moment when sovereign upgrades are expected to become more scarce in the region, a senior analyst with the ratings firm said.
Peruvians encouraged by the squid potential in the area recovered from Chile
The 50,000 square kilometers of maritime space Peru gained from the favorable ruling by the International Court of Justice in The Hague, on the border dispute with Chile, have a potential fishing activity that includes 200,000 tons of Peruvian squid, according to the country's Sea Institute, (Imarpe).
