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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...

Peru’s Mining Exports Surge by 15% in January 2024

In January 2024, Peru's mining exports soared by 15%, reaching a robust $3.104 billion, as reported by the National Society of Mining, Petroleum, and...

Financial Scrutiny Intensifies Around Peru’s President Boluarte

An investigation by El Comercio has raised questions about President Dina Boluarte's financial records, revealing inconsistencies beyond her undeclared luxury watch collection. A $19,000 Rolex...

Peru’s Fujimori’s Shift to Digital Influence After Prison Release

Alberto Fujimori, a longstanding influential figure in Peruvian politics, has transitioned into a social media influencer, launching Twitter and TikTok accounts. Following release from Barbadillo...

Peru Restores Bicameral Congress, Permits Lawmaker Reelection

Peru's Congress decided on Wednesday to restore a bicameral legislative system in the Senate and the Chamber of Deputies after thirty years. Lawmakers are also...

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