Tag: Peru

• 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.

• Tuesday, June 10th 2014 - 13:43 UTC

  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.

• Monday, May 12th 2014 - 23:51 UTC

  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.

• Monday, April 21st 2014 - 07:47 UTC

  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.

• Saturday, April 12th 2014 - 08:06 UTC

  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%.

• Monday, March 31st 2014 - 19:42 UTC

  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.

• Thursday, March 27th 2014 - 08:19 UTC

  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).

• Friday, January 31st 2014 - 06:32 UTC

  Peru and Chile committed to 'gradual and timely' implementation of maritime border ruling

  

  As the echoes of Monday’s International Court of Justice (ICJ) continued to reverberate in Santiago and Lima, Presidents Ollanta Humala and Sebastián Piñera of Peru and Chile met on the sidelines of the CELAC (Community of Latin America and Caribbean States) summit in Havana in a show of unity.

• Tuesday, January 28th 2014 - 06:41 UTC

  UN highest court settles maritime dispute: pride for Peru, rich fisheries remain for Chile

  

  The United Nations’ highest court set a maritime boundary between Chile and Peru on Monday that grants Peruvians a bigger piece of the Pacific Ocean while keeping rich coastal fishing grounds in the hands of Chilean industry. Despite high emotions over the dispute, the ruling is expected to have little effect on cordial ties between the two neighbors whose economic interdependence has grown greatly in recent years.