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MercoPress, en Español

Montevideo, November 23rd 2024 - 12:00 UTC

Tag: Peru

  • Monday, November 9th 2015 - 08:15 UTC

    Border conflict erupts between Chile and Peru over a 10 acre wedge of land

    Humala said the move aimed to spur development in the La Yarada-Los Palos area on the border with Chile and improve living conditions for its inhabitants.

    The fragile relations between neighboring Chile and Peru appeared to unwind further Saturday, after Peruvian President Ollanta Humala officially recognized an administrative district in a disputed border area. The Chilean government promptly sent a protest note to Peru “strongly” rejecting the law because it concerns “unquestionably” Chilean territory.

  • Wednesday, October 14th 2015 - 11:40 UTC

    US hedge fund threatens to sue Peru on defaulted bonds from 1980s

    Peru defaulted on $5.1bn in bonds in the 1980s. Gramercy has threatened to bring a claim under a tribunal system established in a US-Peruvian trade deal.

    A US hedge fund has threatened to sue Peru over bonds issued by the country's former military regime. Connecticut-based hedge fund Gramercy purchased the defaulted debt at a discount in 2008 after other bondholders failed to reach a deal.

  • Tuesday, September 22nd 2015 - 07:15 UTC

    Which lawmakers from the Pacific Alliance are paid the most?

    In Colombia they make more than 40 times the country’s minimum wage of $205, a disparity which has long caused frustration among Colombians

    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.

  • Monday, July 27th 2015 - 06:18 UTC

    Peru's Humala begins his last year in office with defeat in congress and 80% disapproval

    Luis Iberico of the small Alliance for Progress party won with backing from lawmakers loyal to opposition presidential aspirant Keiko Fujimori

    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%.

  • Thursday, July 2nd 2015 - 06:24 UTC

    Chile insists with Pacific Alliance/Mercosur intelligent convergence

    “We're making concrete strides so that our markets are connected, generate competition, more investment and better opportunities” said minister Valdés

    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.

  • Saturday, May 23rd 2015 - 10:27 UTC

    China and Peru agree to study feasibility of transcontinental railroad

    Premier Li Keqiang meets President Ollanta Humala after arriving in Lima

    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.

  • Monday, April 27th 2015 - 21:29 UTC

    Giant 1.000 kilos manta ray caught by Peruvian fishermen

    The Manta Birostris is unloaded with a crane at La Cruz inlet

    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.

  • Friday, April 17th 2015 - 04:32 UTC

    Pope Francis to visit Ecuador, Bolivia and Paraguay next July

    “Welcome Pope Francis! We will work with all our energy so that his visit, like that of John Paul II 30 years ago, will be unforgettable,” Correa said.

    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.

  • Wednesday, April 1st 2015 - 06:35 UTC

    Peruvian president after new prime minister: seven in less than four years

    Seventy-two lawmakers voted to remove Prime Minister Ana Jara from office after less than a year in the job, while 42 opposed the move and two abstained.

    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.

  • Monday, March 9th 2015 - 07:59 UTC

    Peru to withdraw ambassador from Chile because of alleged military espionage

    “This is a matter which falls exclusively to Peru,” Chile's foreign minister, Heraldo Munoz, said of Lima's decision to pull its ambassador out.

    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.