Archive for September, 2012

Fujimori’s Family To File a Request for Presidential Pardon

Fujimori’s Family To File a Request for Presidential Pardon

Jailed ex-President Alberto Fujimori’s family said Friday that a request to pardon Fujimori will be sent to President Ollanta Humala in the next few days. Former Congresswoman and presidential candidate Keiko Fujimori, the formerPresident’s daughter, said the decision was made because of her father’s poor health. The 74-year-oldFujimori has received […]

Hotel Investments in Peru Seen At $960 Million During 2012-14

Hotel Investments in Peru Seen At $960 Million During 2012-14

Trade and Tourism Minister Jose Luis Silva said Thursday that investment in four and five star hotels and other tourism infrastructure will be more than $960 million between 2012 and 2014. Silva said that the investments are “important, if we consider that there hasn’t been investment in the sector by Peru,” […]

Peru On Track to Meet Coca Eradication Goal

Peru says it is on track to eradicate 14,000 hectares of coca crops this year, the government said Thursday following the release of UN data showing that coca production increased in 2011. Interior Minister Wilfredo Pedraza said that in the first nine months of this year Peru eradicated 10,500 hectares […]

Central Bank’s Velarde Sees “Exceptional” Growth in 2015-16

As the global economy continues to struggle, Peru’s Central Bank president, Julio Velarde, says he sees “exceptional” growth for the Andean country in 2015 and 2016, boosted by the mining sector. Following a presentation in New York, Velarde told state news agency Andina that “the growth in mining could give […]