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Peru's economy will improve gradually, after previously having registered deceleration, and will display a growth of 4.5% in the years ahead, the Deputy Division Chief in the IMF's Western Hemisphere Department Oya Celasun estimated. |
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Peru's economy slowed to expand by 0.94 percent in February on the year, missing market expectations, as construction and mining activity dropped, the government said on Wednesday.
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The International Monetary Fund (IMF) predicts Peru will be the third most dynamic economy in the region this year, with a 3.8 GDP growth rate above the global average (3.5%) and the best performance in South America, whose growth would decelerate by 0.2%.
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Peru has solid economic and financial grounds to tackle future challenges at the international level, said Jose Vi�als, Director of Monetary and Capital Markets Department at the International Monetary Fund (IMF).
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The economic policies implemented by the Peruvian government and new mining operations set to begin this year will boost economy in 2015 and 2016, the Deputy Division Chief in the International Monetary Fund (IMF) Western Hemisphere Department Oya Celasun said today.
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The President of the Council of Ministers, Prime Minister Pedro Cateriano, reaffirmed today the willingness of the Peruvian government to move the Tia Maria mining project forward, without causing environmental damage.
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The chairman of Peru's state oil and gas concessionaire Perupetro, Luis E. Ortigas, talks to TOGY about obstacles caused by the country's adoption of new oil and gas legislation and permitting processes, as well as the impact such procedures have on increasing oil and gas reserves. Perupetro manages exploration and production licences in the country.
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The Peruvian Society of Hydrocarbons (SPH) recently found that the contribution of hydrocarbons to Peru's GDP increased 62% between 2008 and 2013, according to Per�21.
Considering this significant development, SPH announced that hydrocarbons contributed S/. 12.330 million in 2013, making it the largest contributor to the Peruvian economy.
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The award "Environmental Finance Award of the Year 2015" in the category "Sustainable Forestry" has been granted to the climate fund Althelia for the projects developed in the natural protected areas of Peru. |
 rip by drip the Pastoruri glacier is melting before the eyes of the decreasing number of tourists who visit it. Water runs down the ice wall which, if you listen closely, you can hear creak as it gradually disappears. Peru is home to 70% of the world's tropical glaciers, but 40% of their surface areahas disappeared since the 1970s. The Pastoruri glacier has shrunk by half in the last 20 years, according to the glaciology unit of Peru's National Water Authority(ANA).
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In the farming region of Bujama in Lima, Peru, the river water used for irrigation is so polluted with heavy metals such as lead, arsenic and cadmium, that the majority of the fresh fruits and vegetables grown here and distributed throughout the capital are contaminated. So engineering students at Lima's University of Engineering and Technology (UTEC) decided to come up with a solution: a billboard that doubles as both a more sustainable and healthier solution to the problem of crop production in Bujama, and a nifty advertisement for their university. |
The discovery of three new species of Godzilla-like colorful lizards with a toothed crest in Ecuador and Peru shows the great diversity of reptiles living in the tropical Andean woods, scientists told AFP.
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 Lawmakers from Peru's Partido Popular Cristiano - Alianza por el Progreso (PPC-APP) will hold a meeting with Peru's Prime Minister Pedro Cateriano Bellido, informed Luis Galarreta, member of the parliamentary group. Previously, Cateriano held gatherings with Popular Cristiano (PPC) party founder Luis Bedoya Reyes, former Presidents Alan Garcia and Alejandro Toledo, former Congresswoman Keiko Fujimori and Lima's Mayor Luis Caste�eda Lossio. He also met with the Chairman of the National Confederation of Private Business Institutions (Confiep) and members of the Confederation of Workers of Peru (CGTP), among others.
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Relationship with neighboring States is of utmost importance to Peru, within the context of respect to sovereignty, fundamental rights and strengthening of mutual trust, Peruvian Foreign Affairs Minister, Ana Maria Sanchez, said today during her official presentation as head of Peruvian Diplomacy. |
 The representative of the United Nations Population Fund (UNFPA) appointed to Lima, Maria Elena Z��iga, highlighted the fact that the current administration, led by President Ollanta Humala, relies on a population information system, used for designing public policies, which has brought outstanding results in social policy.
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Believe it or not, there are still new discoveries in the world of nutrition - it's an exciting time to explore healthy and delicious foods you might not already know. That's why I'm using this opportunity to introduce the Peruvian Superfoods diet. Peruvian superfoods, direct from the Andes and the Amazon, promise multiple health benefits with a Latin American flair. Fortunately, these once-obscure foods are now available in mainstream American supermarkets. |
 Europeans ate a few more chocolate covered waffles or drank a cup or two more of hot chocolate last year than they did in 2013, according to Peruvian cocoa export figures.
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More than 200,000 Ecuadorians are expected to pour into northern Peru beaches in 2015, mainly attracted by beautiful landscapes, delicious food and high price of the dollar in Peru, the National Chamber of Tourism (Canatur) reported.
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Peruvians traveling to the exterior from Jorge Chavez International Airport went to the United Statesmore than any other country.
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The Peruvian soccer star, Paolo Guerrero has been officially diagnosed with dengue fever, according to El Comercio. Late Saturday night, Guerrero entered a hospital in Sao Paulo, Brazil following symptoms of the illness. Yesterday, the forward's soccer team, the Corinthians, affirmed that Guerrero indeed has dengue. |
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Despite the United Nations confirming in 2013 that Peru has overtaken Colombia as the world's top coca and cocaine producer, the country's place atop the drug supply chain has - at least so far - not included the levels of violence seen in Colombia, Mexico, and other international narcotics hubs.
The frontlines of Peru's war on cocaine are restricted to remote coca-producing basins, where drug laboratories and illegal landing strips are abundant. But the government's campaign of crop eradication and efforts to destroy narco runways risk further igniting a larger social conflict, alienating the coca farmers whose livelihoods depend on growing the illicit crop.
VICE News traveled to the heart of Peru's coca-producing region to witness how the government is waging a war on drugs with the aim of putting an early end to its reign as the world's new king of cocaine.
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