Archive for June, 2014

International Analysis: New Beginnings, New Problems

By Ali Wyne — The Mark News — Shortly before U.S. President Barack Obama left for Europe this week, Deputy National Security Adviser Ben Rhodes warned that the crisis in Ukraine is not over: “There are people dying on a regular basis in eastern and southern Ukraine, given the violence […]

Police Arrest Another Regional President over Corruption Allegations

Another high-ranking Peruvian regional official has been detained over allegations of corruption, daily Peru.21 reported. Klever Melendez, the regional president of  Pasco, was arrested by anti-corruption police on Tuesday over allegations he received a bribe in exchange for awarding public works. The legal adviser to the central Andean region, Juan […]

Lima Housing Prices Rise Over 200% Since 2006

Lima Housing Prices Rise Over 200% Since 2006

Housing prices in Lima have skyrocketed by more than 200 percent over the past seven years, but the president of the Central Bank isn’t raising alarm bells yet of a possible bubble. A new publication, Ganamas, said the average price of real estate in Lima was $1,838 per square meter […]

Peru Changes Gear for Anti-Drug Program in Top Coca-Growing Region

President Ollanta Humala announced a shift in the government’s anti-drug program in one of the world’s top coca-growing regions. In a televised interview Sunday,  President Humala said that the government would move away from plans to forcefully eradicate coca crops in mountainous jungle region of the Apurimac, Ene and Mantaro river […]