JANUARY
26



Peru and Chile strengthened bonds of friendship, after the execution of The Hague's International Court of Justice's verdict, which established the maritime border between both countries, said today Foreign Affairs Minister, Gonzalo Guti�rrez. 

Economy & Trade


The President of the Central Reserve Bank, Julio Velarde, projected public investment will grow by 12% this year, compared to its similar in 2014. 
Likewise, he pointed out public investment will add 0.9% to GDP in the current year.
 



The President of Peru's Central Reserve Bank (BCR), Julio Velarde, projected private investment projects, during the 2015 - 2016 period, will reach US$ 31.74 billion. 
It means a US$1.09 billion increase, if compared to figures registered until last October.
 



Kallpa Securities CEO Alberto Arispe said 21 economists estimate Peru's gross domestic product will grow by 4.8% in 2015, which coincides with the recent Central Reserve Bank (BCR) forecast.
 



The Central Reserve Bank (BCR) estimates Peruvian economy will double in size this year and expand by 4.8%, giving a more optimistic forecast than that of the International Monetary Fund (IMF).
 



Peru's Net International Reserves amounted US$62.750 billion by January 20 2015. 
Those maintain an important level favoring an adequate shielding of Peruvian economy, announced today the Central Reserve Bank (BCR).
 

Mining & Energy


Deputy Minister of Mines, Guillermo Shinno, estimated mining investments in 2015 will reach a similar figure than those reached in 2014, which totaled US$8.5 billion. 
It represents 15% of Peru's total GDP. 

 



The Ministry of Energy and Mines approved the Environmental Impact Assessment of the project "Exploitation and Mining Pampa del Pongo" to be developed in the Caraveli province (Arequipa). 

Agriculture



Peru Private Investment Promotion Agency (ProInversi�n) announced 17,000 hectares of agriculture land of the Special Project Chavimochic (La Libertad) will be auctioned during the second quarter of 2015.
Politics


Today in an extraordinary plenary session, Peruvian Congress will debate once the new Youth Employment Law.

More:

 

The head of Peru's tax agency, Tania Quispe, denied media reports last week that she was the target of spying by officers in the police intelligence unit, daily Peru.21 reported.

Earlier in the week, Peruvian media reported that members of the National Intelligence Office, or DINI, were assigned to follow Quispe. She said she had ordered the officers to help in a personal issue.

Social Inclusion



The United Nations Economic Commission for Latin America and the Caribbean (ECLAC - CEPAL) highlighted today Peru is one the countries, which registered the highest poverty reduction in the region, according to information available to 2013. 



Peruvian agriculture development bank Banco Agropecuario, or Agrobanco, affirmed Peru has made progress in social inclusion last year as it facilitated the entry of 19,843 producers into the financial system.
 

 




Gastronomy



Stock up on patience before you go online to book a table at China Chilcano, the vibrant new restaurant combining Chinese, Japanese and Peruvian accents from Jos� Andr�s, a chef who seems determined to tackle every cuisine on the planet before he turns in his white jacket. Unless you like to eat dinner at 4 in the afternoon or 10 at night, landing a table anytime soon in the Penn Quarter arrival - which follows his Spanish, Mexican, Middle Eastern and modernist kitchens in the neighborhood - is as unlikely as an unlocked front door at the White House.

Tourism



Are you ready for an adventure? The list of the major protected areas expected to be the most visited in 2015 has been revealed.

The National Service of Protected Natural Areas of the State (Sernanp) recommends visiting the following five, especially, for their beauty, economy, and environmental contribution to culture. Want to know where to go?



The Inca Trail leading to the legendary lost city of Machu Picchu will be closed through February to undertake cleaning, conservation and maintenance works along the 42 kilometers of stone path built by the Incas some 500 years ago, reconfirmed officials from the Archaeological Park of Machu Picchu. 
Fashion



The Minister of Foreign Trade and Tourism, Magali Silva, predicted an internationalization of the Peruvian textile industry resulting from the preparation of new design professionals looking to take their job to new foreign markets.
Sports



The cold Pacific waters massage my dusty feet as I survey the perfectly peeling break just 60 feet in front of me.

After walking nearly a mile barefoot over a baking, rocky desert, the sensory release - and relief - coming from my suffering soles is extreme.

Surfers are a hardy bunch and will put up with all kinds of suffering to catch a wave or two. But it's not usually like this.

For most, wipeouts, sunburn, sharp coral, and even the risk of a hungry shark mistaking them for a juicy seal, are all taken as given.

Then there's the paddling. That's how surfers reach the break, lying face down on their boards, moving through the water front-crawl style.

Miscellaneous


When I closed up my office and started to work from home, I discovered a whole world operating outside my gate that I rarely came across otherwise. There are the monthly cries by the old knife sharpener and his foot-powered whetting stone, the sounds every June and July of school students practicing on their trumpets for the local Independence Day parade, the vendor with a colorful array of brooms and mops that stand tall in his tricycle cart, and the rag and bone man on his motor-powered tricycle, offering to buy your old fridge, empty bottles, or used clothing.

But the greatest impact has come from four women who call at my gate.


 CLICK HERE TO ACCESS PREVIOUS ISSUES