Tag: Peru

• Wednesday, January 13th 2021 - 09:10 UTC

  Strong rebound of Peruvian economy in the next five years

  

  The economy of Peru, the world’s second largest copper producer, is expected to grow an annual average of 5.1% between 2021 and 2026, the economy ministry said on Tuesday

• Wednesday, December 23rd 2020 - 09:30 UTC

  Peruvian agriculture export companies workers take to highways to renew protests

  

  Workers from agricultural export companies in Peru renewed protests this week after Congress failed to reach an agreement to reform the sector and address their complaints about poor pay.

• Tuesday, December 15th 2020 - 09:02 UTC

  Machu Picchu closed again for security reasons and protests from local villages

  

  The Inca citadel of Machu Picchu, the crown jewel of Peru's tourist sites, closed its doors Monday for an indefinite period for security reasons amid protests by locals over train services, officials said.

• Monday, December 7th 2020 - 08:52 UTC

  Despite political turmoil, Peru joins the group of countries issuing debt maturing in 100 years

  

  Peru has joined a select group of countries issuing debt that matures in 100 years, as investors looked beyond the acute political crisis that has engulfed the country in recent weeks.

• Friday, December 4th 2020 - 09:21 UTC

  Peru farm workers protest for the fourth day derailing harvests and blocking roadways

  

  Protests by farmworkers demanding better wages in Peru raged on for a fourth day on Thursday, spreading north into key agricultural areas of the Andean nation, derailing harvests of some crops, snarling transport of produce and leaving at least one dead.

• Tuesday, November 24th 2020 - 09:26 UTC

  Peru placed a US$ 1 billion 100-year bond at a coupon rate of 3,23%

  

  Peru said on Monday an eager market had soaked up its offer of US$ 4 billion worth of debt, including a rare century bond, as the world´s No. 2 copper miner scrambles to raise funds to soften the economic fallout from the coronavirus crisis.

• Saturday, November 21st 2020 - 09:44 UTC

  New Peruvian government silent about a second withdrawal of funds from the pension system

  

  The Peruvian government enacted a law that allows citizens a second withdrawal of funds from the private pension system in order to ease the economic blow from the coronavirus pandemic, according to the official newspaper El Peruano.

• Friday, November 20th 2020 - 09:20 UTC

  Peruvian government names respected finance minister to shore up investor confidence

  

  Peru’s interim president appointed veteran economist Waldo Mendoza as his finance minister in a bid to shore up investor confidence shaken by political turmoil. Interim President Francisco Sagasti swore in most of his 19-member ministerial team on Wednesday after becoming the country’s third leader in little more than a week.

• Monday, November 16th 2020 - 09:25 UTC

  Chaos in Peru: interim president resigns following massive protests and police brutality

  

  Peru’s interim president resigned on Sunday as the nation plunged into its worst constitutional crisis in two decades following massive protests unleashed when Congress ousted the nation’s popular leader.

• Saturday, November 14th 2020 - 09:00 UTC

  Tens of people injured in Peru during clashes of ousted president militants with police

  

  At least 27 people have been wounded in clashes between police and protesters as thousands of Peruvians took to the streets to demonstrate against the dismissal of President Martin Vizcarra, police and rights groups say.