Archive for July, 2011

Ollanta Humala inaugurated as Peru’s president

Ollanta Humala inaugurated as Peru’s president

Ollanta Humala was sworn in as Peru’s president on Thursday during a ceremony at Congress that included presidents from almost all South and Central America, the Prince of Asturias, and foreign dignataries. The 49-year-old left-leaning former army officer takes office for a five-year term with pledges to maintain Peru’s strong […]

by · July 29, 2011 · 0 comments · Business, Education, Mining, Politics

Fitch Ratings sees Peru’s economy growing over 6 percent in 2011

Peru’s economy could expand by more than 6 percent this year, ratings agency Fitch said following the inauguration of President Ollanta Humala on Thursday. “We calculate that Peru will grow a little more than six percent taking into account that the new government has announced measures for continuity in the […]

Garcia highlights achievements and offers apology in final address to the nation

Garcia highlights achievements and offers apology in final address to the nation

President Alan Garcia delivered his last message to the nation in Congress Wednesday, highlighting his government’s successes over the past five years and apologizing to those he may have offended. Garcia, 62, stepped down the following day,Thursday, succeeded by left-leaning former military officer Ollanta Humala.  Accompanied by his cabinet members, he attended the […]

Cental Bank President Velarde awarded Order of the Sun

Cental Bank President Velarde awarded Order of the Sun

Peru’s government awarded the Order of the Sun to Central Bank President Julio Velarde on Wednesday. The Order of the Sun is the government’s highest accolade and is awarded to national and foreign individuals with achievements in various fields, including the arts and politics. Velarde, an economist with a doctorate […]