Economy

Peru poverty rate rises for first time in nearly two decades
Posted by Michael Krumholtz on Apr 25, 2018 Leave a comment

Peru poverty rate rises for first time in nearly two decades

  Just days after the Peruvian government announced abnormally high unemployment rates in Lima, they released more grim trends occurring in the country’s economy. According to Peru’s National Statistics Institute (INEI),  Full Article »

Peru mining investments to reach $20 billion in next four years
Posted by Michael Krumholtz on Apr 24, 2018 Leave a comment

Peru mining investments to reach $20 billion in next four years

  Peru should continue to put itself on the map as one of the mining capitals of the world. Peru’s Ministry of Mines and Energy (MEM) estimated Monday that it  Full Article »

Unemployment in Lima reaches highest rate in seven years
Posted by Michael Krumholtz on Apr 19, 2018 Leave a comment

Unemployment in Lima reaches highest rate in seven years

  Finding available jobs in Peru’s capital continues to be a tricky matter, as 8.1 percent of people in Lima are currently without employment per the latest figures from the  Full Article »

Report: U.S. expresses interest in getting back into Trans-Pacific Partnership
Posted by Michael Krumholtz on Apr 18, 2018 Leave a comment

Report: U.S. expresses interest in getting back into Trans-Pacific Partnership

  President Martín Vizcarra has claimed that U.S. leaders want back in on the Trans-Pacific Partnership (TPP) a little more than a year after backing out of the trade agreement.  Full Article »

Peru’s tourism officials expect big economic boost from Holy Week crowds
Posted by Michael Krumholtz on Mar 26, 2018 Leave a comment

Peru’s tourism officials expect big economic boost from Holy Week crowds

  All over the Spanish-speaking world the celebration of Holy Week, or Semana Santa, means traffic in the city centers has eased up as locals head to the coasts and  Full Article »

Startups in Peru continue to make their mark on digital marketplace
Posted by Michael Krumholtz on Feb 13, 2018 Leave a comment

Startups in Peru continue to make their mark on digital marketplace

Peruvian startups set a record for sales in 2017 as the industry continues to be a boon following a push in the right direction from the government. Peru’s Ministry of  Full Article »

Posted by Kwinten Wouters on Jan 19, 2018 1 comment

Building houses from rubble

Saying that Peru is a country highly vulnerable to natural disasters is an understatement. Just this Sunday, an earthquake of magnitude 6.8 hit the Arequipa region, leaving 2 dead, many  Full Article »

Venezuela launches its own version of Bitcoin – but it presents more questions than answers
Posted by Mathew Di Salvo on Dec 12, 2017 Leave a comment

Venezuela launches its own version of Bitcoin – but it presents more questions than answers

Venezuela’s president has announced the launch of a new cryptocurrency in a bid to save the economy – an idea which is being criticised by the opposition and experts.

President Pedro Pablo Kuczynski Faces Criticism from Business Leaders as Economic Growth Stagnates
Posted by Kwinten Wouters on Dec 6, 2017 Leave a comment

President Pedro Pablo Kuczynski Faces Criticism from Business Leaders as Economic Growth Stagnates

On Cade Ejecutivos, Peru’s best-known business forum, a survey by Ipsos Peru showed a growing disapproval for president Kuczynski. Where last year at the same event he was still supported  Full Article »

Peruvian Farmer Sues German Energy Giant over Environmental Damage
Posted by Kwinten Wouters on Dec 5, 2017 Leave a comment

Peruvian Farmer Sues German Energy Giant over Environmental Damage

In what is shaping to be a David and Goliath legal showdown, a court in Hamm, a city in the north-west of Germany, has declared that Saul Luciano Lliuya’s claim  Full Article »