Archive for November, 2013

Pluspetrol Denies Destroying Lake in Peruvian Amazon

Pluspetrol Denies Destroying Lake in Peruvian Amazon

Pluspetrol, the Argentine oil and gas company, is to appeal a multi-millionar dollar fine that the Peruvian government has slapped on it for polluting the northern Amazon rainforest. Environmental regulator OEFA, which is part of the Environment Ministry, fined Pluspetrol more than 20 million soles ($7.15 million) for contamination and […]

Peru Eyes Return to Bicameral Legislature

A congressional committee on Tuesday voted in favor of creating a Senate, which would result in a return to a bicameral legislature two decades after the Senate was dissolved by former President Alberto Fujimori. The Congressional Constitution Committee approved a ruling to establish a bicameral legislature, returning to a system […]

by · November 28, 2013 · 1 comment · Politics
Castilla Lowers Growth Forecast for 2013

Castilla Lowers Growth Forecast for 2013

Economy and Finance Minister Luis Miguel Castilla lowered his outlook for economic growth this year, but added that there should be a rebound in 2014. Castilla said that Peru’s gross domestic product is expected to expand a little more than 5 percent in 2013, compared to a previous forecast of […]

by · November 27, 2013 · 0 comments · Business

Peru a Regional Hub of Cyber-Crime Aimed at Online Banking – Analyst

Peru has become a regional hub of cyber-crime in online banking, according to a security consulting agency. Kapersky Lab, a multinational computer security company, said that Peru has the second highest number of cyber-attacks against users of online banking in Latin America, after Brazil, according to a report by daily […]