Archive for May, 2013

Peru’s Currency Continues to Depreciate, Reaches One-Year Low

Peru’s currency, the sol, continued to weaken in the first three days of this week, closing Wednesday at one of its weakest levels in about a year. The sol has been appreciating steadily over the past decade, but has so far this year lost ground against the dollar. Volatility in […]

Globetrotting Ministers Seek to Attract Investment to Peru

Globetrotting Ministers Seek to Attract Investment to Peru

High-level government officials have been traveling abroad this week to prop up investment opportunities in Peru, at a time when the country is facing growing concerns about an economic slowdown. While globetrotting is nothing new for Peru’s cabinet officials, the current trips have taken on a new importance as Peru […]

Shining Path Calls for Vraem Farmers to Defend Coca Crops

Remnants of Shining Path insurgents are calling on people in south-central Peru to stop authorities from eradicating coca crops in their area, according to a recording that was reportedly made by the rebels and broadcast on local radio. “The only thing true and hard is that you should defend your land, […]

Peru Premier: Government Won’t Change Law to Allow First Lady to Run for President

Peru Premier: Government Won’t Change Law to Allow First Lady to Run for President

Peruvian Premier Juan Jimenez said the government will not seek to change a law in order to allow First Lady Nadine Heredia to run for president in 2016. “The government isn’t going to change the electoral law to propose the candidacy of Ms. Heredia,” Jimenez said, in comments reported by daily […]