Business

Cusco Protests as Chinchero Airport Financing Adjusted

Cusco Protests as Chinchero Airport Financing Adjusted

Cusco authorities are calling for a regional strike, giving the government 72 hours to come up with a solution to the sudden postponement of the groundbreaking ceremony for the new airport at Chinchero. People from Urubamba, Paucartambo, Anta and La Convención marched with banners to the Chinchero site to protest. […]

Rescuers rush to save 7 trapped miners in Southern Peru

Rescuers rush to save 7 trapped miners in Southern Peru

Authorities sprang into action Wednesday to rescue seven men trapped hundreds of meters below ground after a rock and mudslide blocked the entrance of an informal mine in a remote province of Arequipa.

French Loan for Lima’s Rapid Transit System

French Loan for Lima’s Rapid Transit System

The French Development Agency, AFD, has granted a loan of close to €120.5 million ($126 mn) to partially finance the construction of the Lima Metro’s Line 2. Most of Line 2 of the city’s rapid transit project is to run underground, from the eastern district of Ate to the port […]

CADE 2016 Business Meeting Opens in Paracas

CADE 2016 Business Meeting Opens in Paracas

Cabinet chief Fernando Zavala is heading south of Lima today, to the beach resort of Paracas, to inaugurate the annual business executives meeting, CADE 2016. The meeting brings together several hundred business executives, investors, analysts and political leaders to hear economic and social proposals by both the government and the […]