Archive for April, 2015

Minimizing The Maximum: Why Prison Sentences Should Be Capped At 20 Years

Op-Ed byMarc Mauer — The Mark News — U.S. President Barack Obama recently issued sentence commutations for 22 people serving lengthy prison terms for drug offenses in the United States. Among them was Donel Marcus Clark, who received a 35-year prison term for a first-time conviction of selling large quantities […]

Peru Construction Executive Guilty of Tax Fraud

Peru Construction Executive Guilty of Tax Fraud

A Peruvian court has sentenced a top executive in the country’s construction sector to five years in prison for tax fraud, business daily Gestion reported. Lelio Balarezo, the president of the Peruvian Chamber of Construction, Capeco and the second vice president of business umbrella organization Confiep, has been found guilty of […]

Peru to Host IMF-World Bank Meetings This Year

Peru to Host IMF-World Bank Meetings This Year

Peru is preparing to host one of the most important financial events this year when the International Monetary Fund and World Bank host their annual meetings in Lima in October. In Washington, D.C. on Wednesday, Peruvian Finance Minister Alonso Segura, Peruvian Central Bank Chief Julio Velarde, the head of the […]

Humala Denies Economy on ‘Autopilot’ as Growth Struggles to Pick Up

Humala Denies Economy on ‘Autopilot’ as Growth Struggles to Pick Up

President Ollanta Humala is defending his administration’s handling of the economy, saying that his government hasn’t been put on “autopilot.” “We have never been on autopilot,” he said, according to business daily Gestion. “Autopilot would have been if we had the favorable winds there were in the previous five-year period, when […]