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Six Shining Path Rebels Killed in Skirmish with Military-Police Patrol

Six Shining Path rebels were killed  in a skirmish that left five soldiers wounded, in the south jungle of Ayacucho, in the country’s key coca growing region strategically known as the VRAEM. According to a report in La Republica, one of the rebels killed by the joint military-police force is […]

Humala Backs Legislation to Intercept Drug Planes

Humala Backs Legislation to Intercept Drug Planes

President Ollanta Humala is backing legislation that was approved in Congress last week that would allow the Armed Forces to intercept suspected drug trafficking airplanes, and shoot them down if they refuse to obey orders to land. “I think it is a positive issue because it is going to be a […]

Peruvian Bourse, Currency Dragged Down in Global Sell Off

Peru’s stock market and currency were battered on Monday, following sharp declines in global stock markets and emerging market currencies. Stock markets in the U.S., Europe, Asia and Latin America were rocked by concerns about the health of China’s economy, which has slowed sharply leading the government to devaluate its […]

Peru’s Mining Investments Total US$4 Billion in January to July

Peruvian mining investments totaled US$4 billion in the first seven months of this year, according to the National Mining, Oil and Energy Society (SNMPE). The investments, which are a key driver of Peru’s economy, are largely due to spending at the Las Bambas copper project and an expansion at the […]