Tag: Peru

• Friday, November 18th 2011 - 06:32 UTC

  IMF chief Lagarde to visit Peru, Mexico and Brazil end of the month

  

  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.

• Tuesday, November 15th 2011 - 23:05 UTC

  Peruvian Vice-President suspended from Congress over corruption allegations

  

  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.

• Thursday, November 10th 2011 - 06:05 UTC

  Unasur council addresses initiative to compare military spending in the region

  

  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.

• Tuesday, November 8th 2011 - 08:08 UTC

  Calls for Peruvian Vice-President to resign on allegations of corruption

  

  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.

• Thursday, October 27th 2011 - 05:58 UTC

  World Bank forecasts Latam growth of 3.5% to 4% this year and 4% in 2012

  

  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.

• Thursday, October 27th 2011 - 05:37 UTC

  Praise and dollars from the World Bank to Peruvian president Humala

  

  The World Bank has offered a 3 billion dollars line of credit to Peru, backing President Ollanta Humala's plans for anti-poverty initiatives and sustained economic growth, a regional vice president said this week.

• Tuesday, October 11th 2011 - 08:36 UTC

  Peruvian president purges the Police and promotes fresh generation in Armed Forces

  

  President Ollanta Humala has fired two-thirds of all generals in Peru's police force in an unprecedented purge to stamp out systemic corruption, the government said on Monday. In the Armed Forces there was also a renewal with the promotion of 48 officers.

• Friday, September 9th 2011 - 09:30 UTC

  Peruvian families to take compensation claim for Machu Picchu to Unesco

  

  Two Peruvian families who say the government never paid them compensation for the expropriation of the Inca citadel of Machu Picchu and surrounding lands plan to take their complaint to the U.N. Educational, Scientific and Cultural Organization.

• Thursday, September 8th 2011 - 01:16 UTC

  Chile, Colombia, Peru equity markets integration on track is spite of crises

  

  The difficult international situation has not affected the equity markets integration process of Colombia, Chile and Peru, said the president of Colombia’s Stock Exchange, Juan Pablo Córdoba.

• Wednesday, August 31st 2011 - 09:03 UTC

  Humala becomes Wall Street ‘darling boy’, and S&P raises Peru’s foreign debt rating

  

  Peru had its foreign debt rating raised one level by Standard & Poor’s, which said it expects recently elected President Ollanta Humala to continue policies that support the country’s economic expansion.