Archive for April, 2013

Peru Asks Ecuador to Send Ambassador Home after Fight at Lima Market

The Peruvian government has asked Ecuador to remove its ambassador, following an altercation the foreign official had with two women in Lima’s Magdalena district. Peru’s Foreign Relations Ministry sent a request to Ecuador’s government, asking that it “consider the removal of its ambassador to Peru,” the ministry said in a […]

Authorities Rescue Five from the Ocean in Hot Air Balloon Crash

Authorities Rescue Five from the Ocean in Hot Air Balloon Crash

Peruvian authorities have found and rescued five of seven people who were in a hot air balloon that plummeted into the Pacific Ocean south of Lima, Interior Minister Wilfredo Pedraza said. The balloon went down on Sunday close to the Sarapampa beach, located at about KM 107 of the Panamericana […]

Kuczynski Says Govt Purchase of Repsol Assets a ‘Waste of Money’

Kuczynski Says Govt Purchase of Repsol Assets a ‘Waste of Money’

Peruvian economist and politician Pedro Pablo Kuczynski said the government’s possible purchase of Repsol’s La Pampilla refinery would be a “waste of money.” Kuczynski, who has served as Peru’s Minister of Mines and Energy, Minister of Economy and Finance and Prime Minister, said the government would have to invest $1.5 […]

Castilla Says Govt to do ‘Rigorous Analysis’ of Possible Purchase of Repsol Assets

Castilla Says Govt to do ‘Rigorous Analysis’ of Possible Purchase of Repsol Assets

Peru’s Economy and Finance Minister Luis Miguel Castilla said that the government is evaluating a possible acquisition of Repsol’s assets in the country, although no decision has been made yet. Castilla said the government is carrying out a cost-benefit analysis of purchasing Repsol’s La Pampilla refinery and its gasoline stations. A possible purchase […]