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Peru

Peru’s Cabinet Crisis: A Fresh Face in the Fight Against Corruption

In a key move, President Dina Boluarte of Peru appointed Juan Santiváñez Antúnez as the new Interior Minister last Thursday. This happened right after Walter...

Peru Launches Historic Irrigation Plan to Transform Highlands

Peru has unveiled its largest-ever agricultural irrigation plan, promising to transform the nation's highlands and boost agricultural productivity. Ángel Manero, the Minister for Agricultural Development and Irrigation, announced the creation of a vast irrigation strip...

Peru’s Economy Contracts Unexpectedly in March

Peru's economy unexpectedly contracted in March, surprising analysts who had forecast moderate growth. The National Institute of Statistics and Informatics (INEI) reported that the economic...

Peru Labels Trans Identities as Mental Illnesses

The Peruvian government issued a controversial decree classifying trans identities as mental illnesses. Published in...

Surge in Tourism Reflects Peru’s Post-Pandemic Recovery

Between January and April, Peru welcomed 1,016,618 international tourists, a 53.4% increase from the same period in 2023. This surge...

Peruvian Exports Rise Steadily in Early 2024

In early 2024, Peruvian exports soared to $15.828 billion, reflecting a 3.5% rise from the prior year. This increase showcases solid economic advancement, driven by...

China Defends Investment in Peru’s Chancay Port Dispute

China is actively defending its $3.5 billion Chancay port development project located along the coast of Peru. Cosco Shipping Ports...

Peru’s Rise as a Blueberry Export Powerhouse

Peru's ascent to the global forefront of blueberry exports is an inspiring story of agricultural success and economic savvy. Introduced...

Modest Inflation Trends in Peru Through April 2024

As the first four months of 2024 unfolded, Peru experienced a modest inflation growth...

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...

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...