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Stories for July 5th 2014

• Saturday, July 5th 2014 - 09:32 UTC

  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.

• Saturday, July 5th 2014 - 09:26 UTC

  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.

• Saturday, July 5th 2014 - 09:13 UTC

  Uruguay's inflation index for June slightly down: 9.08% in twelve months

  

  Uruguay's inflation index experienced a slight deceleration during the twelve months to June, from 9.18% in May to 9.08%, basically because of cheaper fresh food, frozen public utility rates including fuel, while a stabilized exchange rate for the US dollar with a strong Peso, helped with imported goods.

• Saturday, July 5th 2014 - 08:59 UTC

  Queen Elizabeth christens new aircraft carrier; the largest ship built for the Royal Navy

  

  The Royal Navy’s new aircraft carrier has been officially named by Her Majesty the Queen at a ceremony in Scotland on Friday. Hundreds of workers who have helped to build the HMS Queen Elizabeth, along with the ship’s company, joined the Prime Minister, Defence Secretary, military Chiefs and dignitaries to witness Her Majesty christen her namesake with a bottle of whisky.

• Saturday, July 5th 2014 - 08:48 UTC

  The Economist on Argentina: “The Luis Suarez of international finance”

  

  In its latest edition The Economist writes about Argentina’s debt stand-off, and states this “reflects a teenage attitude that rules are there to be broken”.