Peru's central bank will limit currency derivatives and further curb lending in dollars in a bid to carve out more room for monetary expansion as Peru's currency slides to new five-year lows, the bank's chief said on Tuesday.

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Peru Plans to Limit Bets Against Sol in Derivatives Market
 

The Youth Employment Law, enacted by the Peruvian President Ollanta Humala, will help reduce considerably unemployment in this particular group of the population, which has been exploited for years, said Peruvian Labor Minister Freddy Otarola.
 

The number of franchises operating in Peru totals 362. 150 are Peruvian, while the remaining 212 are foreign, declared Luis Kiser, President of Front Consulting. 
He indicated the growing demand of new products and services, with different added values, enables companies to establish businesses quickly in the country.
 

Energ�a E�lica, a subsidiary of ContourGlobal, yesterday (15 December 2014) priced a $204 million senior secured green bond issuance to finance two operational wind farms in Peru.
 

When a draft international climate agreement was finally solidified in Lima, Peru, last week, negotiators shrugged. It was a significant step forward for the typically inert international climate talks. But it was not perfect. Its highly general language leaves room for any number of potential emissions commitments at the Paris talks next year, outlined only as "common but differentiated responsibilities and respective capabilities, in light of different national circumstances."

Environmental groups worry that it keeps us, as Secretary of State John Kerry recently put it, on "a course leading to tragedy."

For the first time, all nations agreed that all nations must have a plan to curb greenhouse gases. That includes not just reducing pollution("mitigation" in the jargon), but also "adaptation" (preparing for the climate changes already in the works), "finance" (money for the poor), "technology development" (better ways to get energy or reduce pollution), "capacity building" (helping poor countries develop) and "transparency" (ensuring nobody cheats).
 

COP20, the United Nations climate conference held here in Lima, Peru, was dramatically unlike its predecessors. It opened amid confidence that progress toward a major new agreement in Paris next year would continue -- and closed with a weak but formally adequate agreement that keeps the process rolling. 
 

Peru will seek to extradite the Greenpeace activists whom it accuses of causing "irreparable damage" to the Nazca lines during a publicity stunt meant to send a message to the UN climate talks delegates in Lima, the country's vice-minister for culture said on Tuesday.

"We will extradite them and bring them to face their penal and civil responsibility," Luis Jaime Castillo told state media.

Peru Deputy Minister of Culture, Luis Jaime Castillo, today announced his office will make sure the judicial process against Greenpeace activists runs its course until they are extradited and prosecuted for the irreversible damage inflicted to the Nazca Lines on the sideline of the twentieth UN Summit on Climate Change (COP20).
 

Peru's government said it is waiting for the environmental group Greenpeace to give them the names of activists accused of damaging the world-renowned Nazca lines - which date back more than 1,000 years - during a recent protest to call attention to clean energy during the recent climate summit in Lima.
Culture Minister Diana Alvarez-Calderon said Monday Peru has not received "what it would have liked to obtain: names, passports, addresses" of the activists involved. Officials are seeking charges for "attacking archaeological monuments," which is a crime punishable by up to 6 years in prison.

Last week, amid the United Nations' climate talks in Lima, Peru, members of Greenpeace made a serious pro-sustainability statement. They arranged huge yellow letters to form the message "Time for change! The future is renewable. Greenpeace." But they did it on the Nazca Lines World Heritage Site, an area that is restricted to preserve delicate, 1,500-year-old drawings of animals in the soil.
 

Peru is asking the United States to provide the names of the members of the Peruvian armed forces who accepted bribes from a U.S. airplane engine maintenance company.

The Texas-based company Dallas Airmotive Inc. admitted to violating U.S. foreign bribery law earlier this month and agreed to pay a fine. The company bribed officials in Brazil, Argentina and Peru between 2008 and 2011.

With 40% of their energy supply from renewables, the tiny Kingdom of Denmark is considered a global leader in clean development and green technology. In wind power the Danes have no equal and have done more than any other country to shape and build the industry.
 

The extraordinary mummified remains of a 50-year-old woman discovered in a fetal position is set to go on display at a museum in France.

As reported in The Independent, the 1,000-year-old mummy was discovered in 2012 at the ancient Peruvian settlement of Pachacamac near Lima. French archaeologists, who found the mummy crouched in a fetal position, have been careful to preserve the integrity of the remains by keeping it in the same configuration as when it was discovered.