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Recent Posts

International Analysis: Should Japan Restart its Nuclear Reactors?

August 22, 2014 1:27 pm1 comment

Op-Ed by Arnie Gundersen — The Mark News Only luck and real courage at 14 nuclear reactors on Japan’s Pacific coast overcame the technical failures of nuclear power and prevented the nation from being destroyed by radiation. The untold story of March 11, 2011 is how close Japan came to […]

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Peru Collects US$230,000 from Montesinos Auction

August 21, 2014 12:55 pm0 comments
Peru Collects US$230,000 from Montesinos Auction

Peru’s government has collected almost 600,500 soles (US$230,000) from the sale of gold watches and other jewelry owned by jailed ex-spy chief Vladimiro Montesinos, daily La Republica reported. The National Institute for Seized Goods, Conabi, sold this week 83 of the 150 pieces of jewelry that once belonged to Montesinos. “The number of […]

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Peru Central Bank Sees 3.4 Percent Growth in Second Quarter

12:36 pm0 comments
Peru Central Bank Sees 3.4 Percent Growth in Second Quarter

Peru’s Central Bank is to lower its forecast for economic growth again this year, the monetary authority’s general manager said. The Central Bank’s Renzo Rossini said Wednesday that Peru’s gross domestic product will likely expand by 4 percent in 2014, rather than the 4.4 percent it previously forecast, according to news […]

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Heavy Machinery Destroys Pyramid in Piura

12:02 pm0 comments

Housing developers used heavy machinery to destroy an earthen pyramid in Peru’s northern Piura region, according to daily La Republica. The prehispanic El Bosque pyramid was flattened by an earthmover last week, allegedly by workers from a housing project that claims to own some five hectares of land on the archaeological site. The […]

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Four ex Premiers Seek Congressional Backing of Premier Jara

August 19, 2014 4:37 pm1 comment
Four ex Premiers Seek Congressional Backing of Premier Jara

Threats by opposition parties to refuse to approve the new Premier and Cabinet have led former U.N. Secretary General Javier Perez de Cuellar and three other former Cabinet chiefs to sign a public letter calling for unity and harmony to defend the nation’s democratic system. President Humala’s new cabinet chief, […]

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Peru’s Private Sector Still Upbeat on Economy

August 18, 2014 7:49 pm0 comments
Peru’s Private Sector Still Upbeat on Economy

Leading members of Peru’s private sector say they are upbeat about the economy for next year, despite reports that growth has fallen to its slowest rate in five years. On Friday, the National Statistics Institute, INEI, reported that the gross domestic product expanded just 0.3% compared to the year-earlier month, well-below expectations. […]

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