JANUARY
24
Ten Top News
 
Morgan Stanley said Peru's current level of reserves accounts for close to 32 percent of its gross domestic product.
 
 

Peru has the largest international reserves in Latin America at $66 billion, almost twice the level of those in Chile, according to US investment bank Morgan Stanley.  

Economy


Peru will wipe out its net debt within three years as rising copper exports aid the world's third-largest producer of the metal, Finance Minister Miguel Castilla said.

The ratio of net debt to gross domestic product probably will fall to zero in 2016 from 2.5 percent last year, Castilla said in an interview at the World Economic Forum in Davos today. 

Mining & Energy


Minera Gold will soon release the results from geophysics work completed on its 100% owned Tumi Project in Peru. Until then, the company's shares will remain in a trading halt until the opening of trading on Wednesday 29th January 2014. 

Education


Latin American business magazine Am�rica Econom�a has declared Lima's Pontificia Universidad Cat�lica del Per� to be the best university in the country. 

Diplomacy


Peruvian Prime Minister Cesar Villanueva on Thursday spoke at the World Economic Forum's annual meeting as part of a panel discussion on the Pacific Alliance trading bloc, formed by Chile, Colombia, Mexico, and Peru. 

 

 



After months of waiting and speculation, Peruvian and Colombian globetrotters finally have another piece of good news about the possible elimination of visa requirements for visiting the Schengen Area of Europe. 



 

Peru's Ministry of Culture received 47 historical artifacts that had been brought back to the Andean country thanks to work by the Foreign Affairs Ministry.



Peru's government has ratified an agreement for the avoidance of double taxation and prevention of fiscal evasion and its associated protocol with Mexico.

Peru's Ministry of Justice and Human Rights announced last week that "the ratification of these international legal instruments is in the interests of Peru."

The Hague




Author Mario Vargas Llosa believes that an upcoming ruling on a maritime border dispute between Peru and Chile should ease tensions between the two South American nations. 



Peru and Chile could turn the page on a historic maritime dispute dating back to the 19th century when the International Court of Justice issues a ruling Monday, January 27.

Peruvian President Ollanta Humala has said that, after 6 years of legal wrangling, the neighbors "will close the longest and most delicate chapter of our diplomatic relations."



Representatives of youth organizations from Tacna, Peru, and Arica, Chile, signed a proclamation in which they give a message of calm for both countries ahead of the maritime border ruling from the International Court of Justice in the Hague on Jan. 27. 



Peru's Foreign Minister, Eda Rivas, has highlighted the existing brotherhood and friendship ties which run deep between border cities of Peru and Chile, few days before knowing the verdict to be issue by the International Court of Justice (ICJ). 

Gastronomy


From cozy, family-run eateries lining side-streets to grandiose restaurants standing brilliantly above city-sidewalks, one dish has presented itself time and time again in Peru as a culinary staple: Lomo Saltado. Despite the myriad of variations on this symbolic meal, including Pollo Saltado and Tallarin Saltado, Lomo Saltado was the spark that lit the fire on this tasty method of stir-frying ingredients, which still exists today as both a national favorite and as a symbol of cross-cultural fusion. 



 

Adventurous chef is currently filming an episode of his popular food show in Lima. Read on for what Zimmern has to say about Peruvian food!

 

 



 

Whether you live in Lima or are just passing through, don't miss your chance to try some of the bestcoffee in the coolest spots in the city. 

 

 

Tourism


Known for its churches, Andean scenery and Semana Santa celebrations, laid-back Ayacucho is the perfect choice for a short getaway from Lima. 

Miscellaneous


Peruvian society, like many cultures of the Americas, was born of a combination of a number of influences. One researcher from Italy has taken to the centuries-old churches of Arequipa to explore one of those cultural crossings: the complex mix of Spanish and indigenous religious traditions in Peru. Italian scholar Ferdy Hermes Barbon is finding symbols of indigenous religions where you would least expect them. 


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