Posted in Peru South America

Peru lawmakers present motion to impeach President Castillo

Pedro Castillo, president of Peru, arrives for the 76th Session of the U.N. General Assembly in New York City, U.S., September 21, 2021. John Minchillo/Pool via REUTERS/File Photo Register now for FREE unlimited access to reuters.com Register LIMA, Nov 25 (Reuters) – Opposition lawmakers in Peru, including from the party of narrowly defeated right-wing presidential candidate Keiko Fujimori, presented a motion in Congress on Thursday seeking to remove leftist President…
Continue Reading Peru lawmakers present motion to impeach President Castillo
Posted in Peru South America

Peru softens stance on mining permits that rattled sector

Pedro Castillo, president of Peru, arrives for the 76th Session of the U.N. General Assembly in New York City, U.S., September 21, 2021. John Minchillo/Pool via REUTERS Register now for FREE unlimited access to reuters.com Register LIMA, Nov 24 (Reuters) – Peru’s government said on Wednesday that mining companies could seek permission to extend operations, a notable shift in stance after officials had appeared to rule out extensions for some…
Continue Reading Peru softens stance on mining permits that rattled sector
Posted in Peru South America

U.K.-listed miner plunges as Peru moves to shut mines

Hochschild Mining plunged 34% on Monday after reports Peru will no longer approve additional mining or exploration activities in a region with two of the company’s mines on environmental grounds. Peruvian Prime Minister Mirtha Vasquez said four mines that have been the subject of community protests will be closed as soon as possible. Analysts at Bank (Finance & Banking) of America say those two mines represent 70% of Hochschild’s HOC,…
Continue Reading U.K.-listed miner plunges as Peru moves to shut mines
Posted in Peru South America

Peru PM sparks controversy with mining sector by ruling out timeline extensions

President Pedro Castillo of Peru shakes hands with Mirtha Vasquez after her swearing-in as the country’s new prime minister, in Lima, Peru, October 6, 2021. Peru Presidency/Handout via REUTERS Register now for FREE unlimited access to reuters.com Register LIMA, Nov 20 (Reuters) – Peruvian Prime Minister Mirtha Vasquez sparked a controversy with the key mining sector on Friday night, saying a group of four mines in the Andean Ayacucho region…
Continue Reading Peru PM sparks controversy with mining sector by ruling out timeline extensions
Posted in Peru South America

Peru’s Keiko Fujimori backs long-shot effort to impeach President Castillo

LIMA, Nov 19 (Reuters) – Peru’s Keiko Fujimori, the head of the largest opposition bloc, said on Friday her Popular Force party would back a motion being prepared to impeach socialist President Pedro Castillo. The basis for the challenge against Castillo, alleging he is morally unfit for office, is tenuous and its chance of success unclear. Fujimori narrowly lost the presidential race against Castillo earlier this year. But Peru’s fragmented…
Continue Reading Peru’s Keiko Fujimori backs long-shot effort to impeach President Castillo
Posted in Peru South America

Peru is Working on a CBDC With The Help of Other Countries

Peru is joining the list of Latin American countries that are actively working on the development of a CBDC. In a panel on economic institutions organized yesterday during the Annual Conference of Executives (CADE), the president of the Central Reserve Bank (Finance & Banking) of Peru (BCRP), Julio Velarde, explained that the country is making progress in the creation of a digital monetary system that will make it possible to…
Continue Reading Peru is Working on a CBDC With The Help of Other Countries
Posted in Peru South America

Peru’s central bank joins global push to develop a digital currency

Julio Velarde, president of the Central Bank (Finance & Banking) of Peru, speaks during an interview with Reuters at Central Bank (Finance & Banking) headquarters in Lima, Peru April 30, 2018. REUTERS/Mariana Bazo LIMA, Nov 16 (Reuters) – Peru is joining the global push to develop a central bank digital currency (CBDC), central bank President Julio Velarde said on Tuesday, as policymakers worldwide seek to keep pace with fast-spreading cryptocurrencies.…
Continue Reading Peru’s central bank joins global push to develop a digital currency
Posted in Peru South America

‘A remarkable history’: inside the exhibition bringing Peru’s past to life

‘A remarkable history’: inside the exhibition bringing Peru’s past to life A British Museum show on ancient Andean civilisations is revealing new insights into their views of time, society and war Vessel of a man and woman copulating. Photograph: ©The Trustees of the British Museum Vessel of a man and woman copulating. Photograph: ©The Trustees of the British Museum The British Museum’s landmark show Peru: A Journey in Time has…
Continue Reading ‘A remarkable history’: inside the exhibition bringing Peru’s past to life
Posted in Peru South America

‘A trippy tale of hallucinogens and human sacrifice’: Peru: A Journey in Time – review

Art ‘A trippy tale of hallucinogens and human sacrifice’: Peru: A Journey in Time – review Jaunty images of human sacrifice … detail from mantle depicting human figures with feline mouth masks holding severed heads, Early Nasca 100 BC-AD 100. Photograph: Museo de Arte de Lima. Prado Family Bequest. Restored with a grant from the Bank (Finance & Banking) of America Art Conservation Project. Jaunty images of human sacrifice ……
Continue Reading ‘A trippy tale of hallucinogens and human sacrifice’: Peru: A Journey in Time – review
Posted in Peru South America

‘Go be happy’: Thousands of baby river turtles released in Peruvian jungle

The river turtles are considered “vulnerable” by the International Union for Conservation of Nature and have for many years been killed for human consumption, or kept as pets. “The importance lies in the conservation of the species in the area because it has already been threatened for a long time,” said Sabrina Pipa, a biologist who works on the protection of freshwater turtles. “The objective is the repopulation of the…
Continue Reading ‘Go be happy’: Thousands of baby river turtles released in Peruvian jungle