Economy & Trade

Well-known economist Alonso Segura became Peru's finance minister on Sunday, following the resignation of Luis Miguel Castilla.

Economists and politicians said the change won't bring about changes in Peru's orthodox economic policies. Mr. Castilla was the only member of President Ollanta Humala's cabinet to be shuffled on Sunday.

 

More:

• Humala Names Segura Peru Finance Minister as Economy Decelerates
• Peru's Humala abruptly replaces his finance minister with key adviser

Peru could become Switzerland's new food provider in the near future, as there is currently a high demand for Peruvian products such as bananas, avocados, paprika and asparagus, Luis Chuquihuara, Peruvian ambassador of Peru to the European country said.
 

Peruvian precious metals miner Buenaventura is looking to start production at its $1 billion Chucapaca gold project by 2017, CEO Roque Benavides said.
Buenaventura, which bought Gold Fields' 51% stake in Chucapaca in August, is looking to develop the mine as an underground operation to cut costs and tap higher ore grades faster, Benavides said at a conference in Lima Thursday. Gold Fields in 2012 rejected an open pit design as too costly.
 

The Andean city of Arequipa is set to play host of this year's edition of "Alpaca Fiesta", an internationally renowned event aimed at promoting the value chain of the alpaca fiber, one of the world's finest and most luxurious natural fibers. 

Peru's Minister of Development and Social Inclusion, Paola Bustamante, today announced that, at the request of other countries, Peru will send some government officials abroad to share some successful experiences in the reduction of chronic child malnutrition. 

Peru is hosting delegations from the United Nations international movement on Scaling Up Nutrition (SUN) aimed at contributing to the reduction of chronic malnutrition rates worldwide, the Development and Social Inclusion Ministry (Midis) said Friday. 

A delegation of the Working Group of the U.N. Human Rights Council on the issue of discrimination against women in law and in practice was welcomed yesterday by Peruvian Foreign Minister Gonzalo Gutierrez as part of its visit to the Andean country.

Peruvian ambassador to the United States, Harold Forsyth, on Friday lectured at the Fifth Annual Utah Valley University (UVU) Global Spotlight that celebrates and explores Peru as this year's featured nation.

The publication Peru this Week brings you the best that Mistura's Gran Mercado has had to offer in its seventh edition. Click on the tittle or image.

Cindy Crawford cruises through Cusco 

There was an extra touch of glamour this past weekend as another celebrity made their way to Peru's beloved Cusco.

Cindy Crawford, with her distinctive beauty mark, was spotted aboard the luxury train, Hiram Bingham, en route to the southeastern Andean city on Saturday.

 

Peru's national police and the Army forces destroyed this week at least 27 makeshift runways built by drug traffickers in the south central Andes valleys known strategically as the VRAEM. 

If authorities had acted more quickly, the death of four Ashaninka leaders last week in the eastern Amazon could have been prevented, according to Peru's Ombudsman, Eduardo Vega.

Peru's central government has sent a team to the region to seek protection solutions for the Ashaninka community and for the family members of four Ashaninka indigenous leaders that were gunned down allegedly by illegal loggers, state news agency Andina reported.