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The Peruvian banking system will remain relatively resilient to the the impact of the U.S. Federal Reserve's tapering program, according to analysis by Standard and Poor's 

Economy


Metropolitan Lima posted a 2.1 percent increase in employment as 94,000 people got a job in the first three months of the year, national statistics agency INEI has announced.

With this growth, the number of employed people totaled 646,000 up to March, representing 93.1 percent of the economically active population (EAP) 



A joint study group for Free Trade Agreement between Peru and India is likely to be formed in June-July after the new government takes charge in May, Peruvian ambassador in India Javier Paulinich said. 
"A joint study group will be formed after the new government takes charge. The group likely to be formed by June-July," Ambassador of Peru to India said on the sidelines of an interactive session with the Indian Chamber of Commerce. 

Mining and Energy


In recent years, foreign direct investment has been flowing into Peru as international investors hope to strike gold -- and copper and silver. The country boasts the second-highest production of copper and silver, and sixth-highest production of gold in the world. Still, owners of Peruvian mining stocks have spent the last few years on a roller coaster ride, as share prices rose to all-time highs in 2010 and 2011 to fall sharply over the following years. With attractive prices, and positive industry developments, is 2014 the year to bet on Peruvian mining?  

Technology


Omnicom Media Group has expanded its footprint in the Latin America region with the acquisition of Media Interactive SA, the big digital shop with offices in Chile, Columbia and Peru. 

Media Interactive has approximately 100 full time staffers across its offices in Chile, Peru and Colombia. According to its website, clients include car brands Infinity and Citroen, skincare company Beiersdorf and food company Agrosuper among others.  

Agriculture


Peru was the undisputed world leader in the export of asparagus during the period between 2008 and 2012, the Economic Commission for Latin America and the Caribbean (ECLAC) has said.  


Environment


The Peruvian President of the UN's main climate change summit in Lima later this year hopes progress will be made on smaller 'cross cutting issues' during the two week gathering.

Manuel Pulgar Vidal, Peru's Environment Minister, says he wants to focus on topics that countries are keen to work on together, like adaptating to climate impacts and reducing deforestation.



A volcano in south west Peru has erupted, spewing 4,000 metre high plumes of ash into the sky.
The Ubinas volcano, the most active in Peru, started erupting on Wednesday prompting officials to declare a state of emergency, reports the Daily Telegraph.
Wired reports that the emergency declaration will allow for government assistance for evacuation of both people and livestock, which are economically important for the region.  

Society


With its eight bike stations, 80 bicycles, and 4000 registered users, the "San Borja en Bici" Programme of the Municipality of San Borja in Lima, began in March 2012 and its users have travelled almost half a million kilometers, which is the equivalent of going 12 laps around the planet!  

 




Tourism



The journey from Lima takes 10 hours by bus or an hour by flight. Accommodation and dining costs are quite accessible.


The police force has deployed over 3,500 police officers to monitor and protect Peru's highways during Semana Santa, according to El Comercio. These forces will be dispersed in 590 patrol cars and 60 motorcycles. Funds have also been made available for 25 help stations along Peru's major routes of travel during the holiday.  

Gastronomy




A lesson in the history and culture of Peru through its foods

 

We are sitting in the dining room of a spacious, sunlit, modern apartment located only a few hundred steps from a high cliff overlooking the Pacific. Gazing through the floor-to-ceiling windows at palm trees and waves meeting the shore, it would be easy to mistake Barranco, a middle-class district in the southern part of Lima, Peru, for an upscale California beach town like Marina del Rey or Santa Monica.

Miscellaneous


Inmates have rocked a Peruvian prison with a Holy Week performance of the musical "Jesus Christ Superstar".
Minimum-security prisoners joined national prisons officials in the audience the performance in the Sarita Colonia prison in Lima's port of Callao. The patio was protected by dozens of armed guards. 


Inmates have rocked a Peruvian prison with a Holy Week performance of the musical "Jesus Christ Superstar".
Minimum-security prisoners joined national prisons officials in the audience the performance in the Sarita Colonia prison in Lima's port of Callao. The patio was protected by dozens of armed guards. 

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