Peruvian Prime Minister Salomon Lerner said that China’s direct investments in the country would increase between 30% and 40% in the next two years. China became this year Peru’s main trade partner.
Peru has 37% of all multi-resistant tuberculosis cases in the Americas and one in four patients of the disease abandon medication in a mild stage of the disease according to the World Health Organization.
IMF chief Christine Lagarde who this week will be visiting Latinamerica said that Brazil, Mexico and Peru, like to many other countries in the region have done remarkably well over the past few years and can provide some lessons to the advanced countries.
Peruvian police fired tear gas on Friday to break up a protest at Newmont Mining Corp's proposed 4.8 billion dollars Conga gold mine as the government tried to mediate a bitter environmental dispute over the project. Several protesters were injured.
Peruvian President Ollanta Humala emphasized on Monday the importance of trade and investment relations with China, both for Peru and the region during the opening in Lima of the two-day 5th China-Latin America Business Summit
The Managing Director of the IMF Christine Lagarde will be making her first official tour of Latin America when she visits Peru, Mexico and Brazil at the end of November and beginning of December according to spokesperson David Hawley.
The ethics committee in Peru's Congress voted on Tuesday to suspend Vice President Omar Chehade from the legislature over corruption allegations, increasing pressure on him to resign from both posts.
The Unasur Defence Council is scheduled to meet Thursday and Friday in Peru to address an action plan for 2012, which once approved will help estimate and compare in a more compatible way military expenditure.
Peruvian lawmakers said on Monday that Vice-President Omar Chehade should resign as soon as possible over corruption allegations to put an end to the first political scandal of Ollanta Humala's young presidency.
Latin America’s economy is forecasted to grow between 3.5% and 4% this year, which is less than previous estimates before the current global financial crisis, said World Bank representative for the region, Pamela Cox.