Business

Four People Missing in Fire in Downtown Lima

Four People Missing in Fire in Downtown Lima

Four people are still missing, more than 48 hours after a fire raged through a building of sweatshops and industrial warehouses in downtown Lima.  At least 18 people were injured, including two firemen who are now hospitalized. The fire was reported Thursday morning and spread quickly through a three-story building […]

Presidents Kuczynski and Macron Emphasize Paris Climate Accord

Presidents Kuczynski and Macron Emphasize Paris Climate Accord

President Pedro Pablo Kuczynski and his French counterpart, Emmanuel Macron, reaffirmed their commitment to the Paris Agreement on Wednesday, standing on the steps of the Elysee Palace after a meeting that included discussion on climate change and on democracy in Latin America, particularly the situation in Venezuela. Reconstruction after the floods […]

Government Assigns $240 mn For Reconstruction in Northern Peru

Government Assigns $240 mn For Reconstruction in Northern Peru

The Government is assigning an initial 800 million soles (approx. $240mn) to northern Peru, where torrential rains continue to cause heavy damage to homes, farmland and overall infrastructure. Cabinet chief Fernando Zavala made the announcement following an emergency cabinet meeting in Piura and visits to key facilities in the area […]

World Bank: $40 mn Loan for Artisanal Fishing

President Kuczynski signed a loan agreement with the World Bank on Monday for $40 million to finance the national Fishing and Aquaculture Innovation program, PNIPA. The five-year program is designed to strengthen artisanal fishing and small fisheries industries. Artisanal fishing “has a huge future in Peru,” the President said, but added […]