Archive for August, 2011

Magnitude 7.0 earthquake hits Peru’s central jungle

A magnitude 7.0 earthquake hit Peru’s central jungle region on Wednesday, the U.S. Geological Survey said. The quake was located near the jungle city of Pucallpa, located about 370 miles from Lima and close to Peru’s border with Brazil. The USGS said the quake’s depth was 145 kilometers, or about […]

Humala meets Russia’s Foreign Relations Minister, seeks increased business ties

Humala meets Russia’s Foreign Relations Minister, seeks increased business ties

by · August 24, 2011 · 0 comments · Business, Coca/Cocaine, Politics
Legislators criticized for receiving re-location payment

Legislators criticized for receiving re-location payment

Peruvian legislators re-elected to represent districts in Lima have come under fire this week for accepting a payment that is intended to help new lawmakers cover installation expenses. Lawmakers in Peru are paid a bonus of 15,600 soles (approximately $5,700) when they take office. The money is intended to help legislators that […]

IDB sees Peru poverty below 20 percent on growth, social programs

IDB sees Peru poverty below 20 percent on growth, social programs

Peru can lower the poverty rate to less tan 20 percent over the next five years, according to the Inter-American Development Bank, IDB.  The bank’s representative in Peru, Fidel Jaramillo, said this would require that Peru maintain a high rate of economic growth. Peru’s gross domestic product expanded by 8.8 percent last […]