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Peru govt prepares for fight with Congress over tax cut
Posted by Colin Post on Sep 1, 2016 Leave a comment

Peru govt prepares for fight with Congress over tax cut

Peru’s government will include a controversial cut to the national sales tax in its request for decree powers from the opposition-controlled Congress. Peru’s newspapers on Monday reported that President Pedro  Full Article »

Peru’s formalization plan does not touch labor regulation
Posted by Colin Post on Aug 25, 2016 Leave a comment

Peru’s formalization plan does not touch labor regulation

Peru’s new finance minister outlined his plan to boost formalization in labor markets, which does not include changing the country’s rigid labor regulation. In his inaugural address, President Pedro Pablo  Full Article »

Peru’s largest labor union backs Pedro Pablo Kuczysnki
Posted by Colin Post on May 19, 2016 1 comment

Peru’s largest labor union backs Pedro Pablo Kuczysnki

The General Workers Confederation of Peru (CGTP) has virtually endorsed Pedro Pablo Kuczynski for president in Peru’s 2016 runoff election. Kuczynski met with CGTP leaders in downtown Lima for the  Full Article »

Peru’s informal economy to persist for decades: report
Posted by Colin Post on May 10, 2016 2 comments

Peru’s informal economy to persist for decades: report

A new economic report predicts that Peru’s informal sector will remain a significant part of the national economy until at least 2050. Peru’s state planning agency published a report forecasting  Full Article »

Peru hikes minimum wage 13% one week from elections
Posted by Colin Post on Mar 30, 2016 1 comment

Peru hikes minimum wage 13% one week from elections

President Ollanta Humala signed a decree to raise Peru’s monthly minimum wage from $223 to $253 on Wednesday. Humala announced the 13% increase today at an event in the southern  Full Article »

Would Veronika Mendoza move Peru closer to Venezuela?
Posted by Colin Post on Mar 7, 2016 Leave a comment

Would Veronika Mendoza move Peru closer to Venezuela?

A look at Veronika Mendoza’s policies for 2016 elections after the leftist presidential candidate’s controversial remarks about Venezuela. As her candidacy was set for a jump into fourth place in  Full Article »

Judicial employees battle police in downtown Lima protest
Posted by Colin Post on Nov 26, 2015 Leave a comment

Judicial employees battle police in downtown Lima protest

Peru’s judicial employees union held a protest in downtown Lima yesterday which ended in clashes with police outside Congress. Hundreds of judicial employees marched from downtown Lima’s Plaza San Martin  Full Article »

Politics may force overhaul of Peru’s private pension system
Posted by Colin Post on Nov 19, 2015 Leave a comment

Politics may force overhaul of Peru’s private pension system

Various reforms to Peru’s private pension system have entered public debate just five months from the 2016 general election. Last month Peru’s financial regulator SBS released new mortality tables which  Full Article »

Peru repeals tourism privatization law after protests
Posted by Colin Post on Oct 23, 2015 1 comment

Peru repeals tourism privatization law after protests

Peru’s Congress repealed a law which would allow states to license private companies to manage historic archaeological sites. After a two-day protest paralyzed tourism in the city of Cusco, the  Full Article »

Protest in southern Peru paralyzes Machu Picchu tourism
Posted by Colin Post on Oct 22, 2015 2 comments

Protest in southern Peru paralyzes Machu Picchu tourism

A regional protest in Peru’s Cusco state has blocked transit from the Cusco airport and stopped the train which services the Machu Picchu ruins. Last month Peru enacted a law  Full Article »