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Peru's government won't join the central bank in fighting sol depreciation says Finance Minister Alonso Segura in an interview with "Bottom Line's" Mark Crumpton. |
Peru will draw on $29 billion of savings to bolster public investment rather than issue new debt in the international market as borrowing costs rise, the nation's Finance Minister Alonso Segura said.
The government has savings equivalent to 16 percent of gross domestic product accumulated during a decade of rising metal prices, he said.
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[VIDEO] Peru Has `Fiscal Backing' to Boost Spending, Segura Says
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Peru plans to tout investment opportunities in infrastructure and public services during a three-country tour in Asia.
Peru's 2015 Asia Road Show kicks off on May 11 in China's Beijing, then travels to Tokyo, Japan for a May 13 presentation, and wraps up in Seoul, South Korea on May 14.
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Peru was the world's second producer of silver in 2014 after Mexico with 121.5 million ounces, the Silver Institute reported. According to the report, Mexico tops the list with 192.9 million ounces, followed by Peru, China, Australia and Chile. |
 The Peruvian government condemns the violent acts carried out by protestors opposing the Tia Maria mining project in Southern Arequipa region, Peru's President of the Council of Ministers Pedro Cateriano affirmed.
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 Peru's Ministry of Energy and Mines (MEM) informed the country's electricity production reached 3,911 GWh in April 2015, showing a 5.1% increase from the same month last year.
Companies that generate electricity in Peru recorded power production of 3,679 GWh in the said month this year.
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 The Head of Peru's National Customs and Tax Administration (Sunat) Tania Quispe announced that during the current administration the country's tax burden went up by 2 percentage points despite decreased mining sector participation in the contribution to fiscal revenues.
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Asparagus is the third top product among non-traditional agricultural exports in Peru after grapes and mangoes, accounting for 10% of total exports, informed Adex Agricultural Manager Giannina Denegri.
Asparagus shipment in the first quarter of the year totaled US$74.9 million, a 6.4% increase from the same period last year.
The Exporters Association (ADEX) pointed out that most of the shipments (41.3%) were headed to the United States.
Grapes, in first place, accounted for 28.7% of total exports, followed by Peruvian mangoes (15.1%). |
The President of the World Bank Group (WBG), Jim Yong Kim, today highlighted Peru's efforts in delivering quality education to poor and vulnerable students, and called for further progress as a way to eradicate extreme poverty and promote shared prosperity among more Peruvians.
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The Executive Branch formalized the law to create an environmental remediation contingency fund with S/.50 million (about US$15,898,251), allocated to finance actions of this type in sites impacted by hydrocarbon exploration activities in the northern rainforest of Peru.
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The Head of the European Delegation appointed to Peru, Ambassador Irene Horejs, estimated the Schengen visa exemption program negotiations to be concretized by year's end. |
 Australia, an 'island continent', is a country that for many of us seems so far away and foreign; not so much so, in fact. Ambassador Nicholas McCaffrey, with much enthusiasm and vision, told Peru this Week how Australia and Peru have many similarities, and how these two countries are becoming closer each day.
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Peruvian film "Climas", which marks the debut of director Enrica Perez, is already becoming a success at important international cinema festivals.
"Climas" has been recognized with the Jury Award for Best Narrative Feature at the 18th Cine Las Americas International Film Festival held in Austin, Texas.
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Ceviche is one of the most classic dishes of Peru. It typically consists of raw fish and/or other seafood marinated with citrus juices. In this recipe, we will serve it as it is most commonly prepared in the South American nation - with thinly cut julienned red onions, habanero pepper, cilantro, sweet potato and cancha serrana.
Watch the video!
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Saturday, May 9 is the annual Global Big Day, with the scientists at Peru's Centre for Ornithology and Biodiversity (Corbidi) hoping to register the highest number of birds of any country.
Corbidi says that Peru already has seventy groups of birds. Most groups contain many species.
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 Peru climbed 15 positions in the Travel & Tourism Competitiveness Report 2015, elaborated by the World Economic Forum.It advances to position 58th (out of a total of 147 economies) after being ranked 73rd, the National Society of Industries reported. Among Latin America and Caribbean nations, it was ranked 7th (out of a total of 17). As well, Peru was placed 9th among the Top 10 Most Tourism-ready Economies of South and Central America.
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Roberto Carcelen had it all planned out. He would arrive in Sochi and race against the world's top cross-country skiers for the second time in four years, making history again as one of the only Peruvians to ever compete in the Winter Olympics. He'd use the accomplishment to help create momentum and attention for his new foundation that used technology to give underprivileged kids in Peru a chance to succeed in life. But just 10 days before the big race, disaster struck. Carcelen, a Microsoft contractor who lives in Seattle, was training in Austria when he came down a steep, icy hill. The skier tripped and hit the mountain hard, instantly breaking two ribs. He felt immense pain and knew something wasn't right. |
 Peru's annual food fair, Mistura 2015, is a mere four months away and the campaign to write a stellar concert programme got going today.
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