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Revival of Peru-U.S. Aerial Interception Program to Combat Drug Trafficking

In a significant legislative move, the Peruvian Congress has approved Legislative Resolution No. 6672, renewing a pivotal collaboration with the United States. This resolution marks...

Peru’s $463 Million Naval Upgrade with HD Hyundai

The Peruvian Navy has committed $463 million to enhance its maritime defense capabilities through a contract with South Korea's HD Hyundai Heavy Industries (HD...

Peruvian Economy Surpasses Expectations with February Growth

In February, Peru's economy revealed a robust and unexpected surge, growing by 2.85% compared to the same month in the previous year. This growth, reported...

Steady Growth in Peru’s Exports Through Early 2024

In early 2024, Peru's export sector improved, totaling $10.558 billion in exports between January and February. This marked a 5.5% growth compared to the same...

Modernizing Peru’s Defense: Strategic Acquisition of Advanced Rocket Systems

Peru is stepping up its military capabilities with a strategic investment in modern artillery. The government allocates $229.5 million for state-of-the-art MLRS and munitions for...

Investor Anxiety Spikes Over Peru’s Pension Withdrawal Debate

A bill in Peru has sparked market unease, proposing that citizens withdraw from their retirement funds. This move might necessitate pension funds liquidating assets, potentially...

Copper’s Promising Decade Ahead: Peru’s Largest Bank Forecasts a Boom

Copper has recently made headlines due to its significant price jump, a development that benefits the economies of Chile and Peru immensely. In the last...

Peru’s Congress Decides Against President’s Impeachment

Peru's legislature rejected two impeachment bids against President Dina Boluarte amid financial misconduct allegations and falling popularity. The decision, made on Thursday, marked a key...

Trade Winds Shift at Peru’s Chancay Port Amid Regulatory Change

Located 80 kilometers from Lima, the $1.3 billion Chancay port, backed by China's Cosco Shipping, aims to be a key conduit for South American...

Peru’s Leadership Shake-Up: A New Direction Before Congress’s Verdict

On Monday night, Peru's President Dina Boluarte took decisive action, updating the leadership across six vital ministries. This overhaul happened just three days before Prime...

Unexpected Inflation Growth Challenges Peru’s Monetary Policy

In March, Peru saw an unexpected inflation surge, with Lima's consumer prices rising 3.05% year-on-year, above economists' 2.8% estimate. This increase exceeded all forecasts, with...

Political Crisis Deepens in Peru with President’s Impeachment Motion

Peru's President Dina Boluarte strongly objected to a police raid on her residence in Lima, labeling the action as "disproportionate" and "abusive." She insisted on...

Hedge Funds’ Optimism on Copper Signals Growth for Chile, Peru, and Mexico

Hedge funds are increasingly positive about copper, vital for the economies of Chile, Peru, and Mexico. Delphos Investment's report reveals this sector's net copper position...

Discovering Peru’s Majestic Treks

Peru offers an unparalleled adventure for those passionate about the outdoors, seamlessly blending breathtaking landscapes with rich cultural heritage. Its diverse terrain, from the majestic...

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