News of peru

UN: Foreign direct investment in Latin America to fall by up to 55%

02-12-2020 13:39 Foreign direct investment in Latin America will fall by up to 55% in 2020, the UN's regional economic commission said Wednesday.

BLOOMBERG – ANALYSIS

Peru taps third president in less than a week to fill power vacuum

17-11-2020 08:07 Lawmakers on Monday voted in Francisco Sagasti, an elder-statesman legislator with extensive consulting experience at home and abroad to lead a new government by electing him head of congress and new president.

PERUVIAN POLITICAL CRISIS

Peruvian Congress chooses centrist Francisco Sagasti as new president

16-11-2020 19:25 Francisco Sagasti chosen as next leader by Congress as Peru gets to grips with deep political crisis, sparked by the impeachment of one popular president and the resignation of his controversial successor amid protests which killed two people.

PERUVIAN POLITICAL CRISIS

Merino resigns as Peru president after five days in power

15-11-2020 17:59 Peru's interim leader Manuel Merino resigned on Sunday, just five days after taking office, sparking wild street celebrations in the capital Lima after protests against his rule.

PERUVIAN POLITICAL CRISIS

Peru's new leader faces calls to resign after three protesters killed

15-11-2020 08:16 Lawmakers call for the "immediate resignation" of interim president Manuel Merino, after a violent crackdown on protests against his new government left at least three dead and more than 60 injured.

PERUVIAN POLITICAL CRISIS

Peru's Congress votes to impeach President Vizcarra on graft allegations

09-11-2020 22:19 Peru's Congress voted Monday to impeach President Martín Vizcarra over allegations he took kickbacks from developers while a regional governor. Congress leader Manuel Marino will now take over the presidential functions until July 2021.

PERUVIAN POLITICAL CRISIS

Peru's Congress to retry president for impeachment

03-11-2020 10:45 Peru's Congress on Monday voted to try again to impeach President Martín Vizcarra for alleged "moral incapacity" after he survived a first attempt weeks ago.

Global pandemic

Peru's Machu Picchu reopening Sunday after pandemic closure

28-10-2020 08:05 Currently open to maintenance workers only, the world-renown Incan citadel of Machu Picchu will reopen to the public on November 1.

REGIONAL OUTLOOK

Latin America won’t see pre-virus growth until 2023, IMF says

22-10-2020 18:00 Most countries in Latin America will be unable to return to their pre-pandemic growth levels until 2023, says the IMF.

Impeachment bid

Peru president survives impeachment vote amid virus turmoil

21-09-2020 08:49 Martín Vizcarra easily survives an impeachment vote after opposition lawmakers failed to amass enough support to oust the Peruvian leader struggling with one of the world’s worst coronavirus outbreaks.

Coronavirus pandemic

Peru's indigenous turn to ancestral remedies to fight virus

13-09-2020 12:58 In Peru, the country with the world’s highest per-population confirmed Covid-19 mortality rate, Indigenous groups have sought to find their own remedies for the coronavirus pandemic.

Political turmoil in Peru

Peru police search homes of officials in impeachment case

13-09-2020 09:26 Police in Peru raid homes of key government officials as part of an investigation into allegations President Martín Vizcarra obstructed a graft probe.

Political turmoil in Peru

Peru in renewed political turmoil as Vizcarra faces impeachment

13-09-2020 09:16 Some of Peru's lawmakers are calling for the dismissal of President Martín Vizcarra based on audios in which he is heard coaching two officials close to him for a congressional investigation into corruption.

Global Pandemic

Pandemic's toll among journalists in Peru is especially high

21-08-2020 15:09 At least 82 reporters in Peru died from the disease between March 16 and August 17, according the National Association of Journalists of Peru.

Global pandemic

Peru's economy slumps amid pandemic

21-08-2020 14:54 Peru's year-on-year GDP fell by 30% in the second quarter of 2020 as it was badly affected by coronavirus containment measures, the government said on Thursday.

Global pandemic

Virus rages in South America as governments grasp for clues

18-08-2020 15:38 From incoherent mask rules to inconsistent social distancing, South America’s response to the novel coronavirus has been all over the map – here's a look at how each nation is doing.

Global pandemic

Peru says over 900 girls, women feared dead since pandemic began

28-07-2020 00:15 A staggering 900-plus girls and women are missing and feared dead in Peru since Covid-19 confinement began, according to officials.

Global pandemic

Stranded surfer says government should repatriate his dogs too

25-06-2020 00:53 33-year-old surfer Michael Graef is stranded in Peru because of the coronavirus lockdown. He says he wants to go home, but not without the dogs which he has adopted on his travels.

Global pandemic

Experts look to solve Andean virus resistance puzzle

23-06-2020 23:02 The inhabitants of the Andean heights of Bolivia and Peru have resisted the new coronavirus better than their compatriots of the low lands, which has called experts' attention.

Bloomberg

Uber sees grocery delivery sparking its next wave of growth

15-06-2020 15:05 Delivering groceries is Uber Technologies Inc’s next frontier – at least in Latin America.

Global pandemic

Sex workers sharing food to survive during virus pandemic

07-06-2020 21:41 With no possibility of making a living during the pandemic, Peruvian sex workers have organised a soup kitchen in order to survive with their children.

BLOOMBERG

It’s Covid code red in Latin America with no signs of peaking

07-06-2020 16:40 One of the most urbanised and unequal regions in the world with the slowest growth and a history of profound public mistrust of government, Latin America, with its 650 million inhabitants, is now a grim laboratory of viral pandemic.

Global pandemic

WHO warns of pressure on Latin American health systems

02-06-2020 15:21 Four of the 10 countries showing the greatest number of new Covid-19 cases over the last 24 hours were in Latin America, the World Health Organisation's emergencies director Michael Ryan said.

GLOBAL PANDEMIC

Trump says the United States will cut ties with WHO

30-05-2020 10:04 Move likely to spark dismay, especially in other parts of the world where the coronavirus outbreak has yet to reach its peak.

Global pandemic

Latin America now accounts for roughly 40% of daily coronavirus deaths

28-05-2020 13:39 The statistics are chilling: Brazil has more cases than any country except the United States and some models forecast that deaths, currently at 25,000, could more than quadruple in coming months.

Global pandemic

Peru reports record daily surge in virus cases

27-05-2020 00:05 Peru's Health Ministry said 5,772 new cases had been confirmed in the previous 24 hours, bringing the overall number to 129,751.

Global pandemic

As virus swamps Peru, Venezuelan migrants collect the dead

22-05-2020 13:30 Despite strict measures to control the coronavirus, Peru has become one of the countries worst hit by the Covid-19 disease. With more than 104,000 cases and 3,000 deaths, Peru was 12th in the world in numbers of confirmed diagnoses Wednesday, more than reported by China and just behind India.

Global pandemic

'This is war' – Virus charges beyond Latin American hot spots

19-05-2020 16:07 Coronavirus crisis threatens to overwhelm Latin American cities stretching from Chile to the Colombian Amazon, in an alarming sign that the pandemic may be only at the start of its destructive march through the region.

Bloomberg

Peru’s 35-year-old finance minister is suddenly a rock star

04-05-2020 13:49 Everyone calls her Toni. Mothers take selfies of her with their children, and street hawkers push bracelets into her hand as presents. TV networks vie for interviews and run profiles asking, “Who is Maria Antonieta Alva?”

Bloomberg

Virus lockdown cuts movement by 89% in Peru

15-04-2020 09:48 Data from Google show that Peru has done a better job than its neighbours in enforcing controls to curb the spread of the coronavirus pandemic.

Survival during quarantine

Desperate hunt for food by Peru's poor amid virus quarantine

08-04-2020 07:21 Pandemic has spotlighted the wide gap between rich and poor in Peru. Economists say a looming recession worse than any since World War II could push the continent's long-suffering poor into even more dire circumstances.

Bloomberg

Peru tackles virus with region’s biggest stimulus, eyes IMF help

30-03-2020 19:58 Peru is moving to fend off economic catastrophe with a record fiscal stimulus and plans for a contingency line of up to US$18 billion from the International Monetary Fund to contain the fallout from the coronavirus pandemic.

BLOOMBERG - OPINION

Coronavirus thrives in Latin America’s multilateral vacuum

25-03-2020 15:47 Shutting down is part of the new global normal. The danger in Latin America is that such sweeping measures feed the tempting illusion that walls, wilfulness and nativism are the way to beat a threat that is already ubiquitous.

by Mac Margolis

Coronavirus pandemic

Paralysis for Latin America with lockdowns, border closures

20-03-2020 12:30 Brazil closes land borders and Argentina enters nationwide lockdown, as Mexico and Peru report their first virus deaths.

Virus in Latin America

Latin America steps up measures against coronavirus spread

12-03-2020 15:57 Latin American countries try to curb the coronavirus spreading, with restrictions on travelers from the worst-affected countries and shutting down major sports events.

Peacemaking Activist

Pérez de Cuéllar, Peruvian two-term UN chief, dies at 100

06-03-2020 11:55 The human rights activist famously negotiated peace treaties between Iraq and Iran, the release of American hostages held in Lebanon, and the peace accord in Cambodia.

Democracy in Crisis

Peru's Fujimori hospitalized for neurological and lung issues

04-02-2020 14:19 His last public statement came five days ago, when his daughter, Keiko Fujimori, was sentenced to 15 months in prison for corruption charges.

Odebrecht Corruption

Peru court orders Keiko Fujimori to return to prison

30-01-2020 11:21 Citing new evidence and concern that opposition leader is a 'flight risk,' a judge ordered that she be preventatively detained for period of 15 months.

Peru Elections

No party emerging as clear winner in Peru congress elections

27-01-2020 11:38 Peruvians vote to elect 130 new members of congress that will legislate for only a year, after President Vizacarra dissolved its predecessor in September 2019.

Machu Picchu scandal

Argentine who damaged Machu Picchu spared jail time

22-01-2020 09:57 Nahuel Gómez pleads guilty to damaging the Peruvian cultural site. Because he has no prior record, he will only face fine and extended deportation, despite being sentenced to more than three years in prison.

Scandal at the citadel

Machu Picchu scandal: Five deported, Argentine faces potential jail time

17-01-2020 13:58 Five tourists have been deported from Peru while a sixth, Nahuel Gómez, faces up to four years in jail for damaging nation's "cultural heritage."

UNDER-23 TOURNAMENT

Top stars miss out on Olympic football qualifying tournament

16-01-2020 20:03 Tournament is not an official FIFA event, and so clubs have no obligation to make their players available.

TOURIST

Argentine tourists face trial, deportation over Machu Picchu damage

15-01-2020 12:54 Six Latin American tourists face deportation after causing damage to historical sites at Peru's Machu Picchu. Members of the group are accused of taking rocks and defecting at a sacred temple.

Court ruling

Peru court backs president's decision to dissolve Congress

15-01-2020 12:23 Nation's Constitutional Court backs President Vizcarra’s controversial 2019 decision to dissolve the nation’s legislature.

COPA LIBERTADORES

Fans lose out again in last-minute Libertadores final switch

09-11-2019 11:58 The one-off Copa Libertadores final already excluded loyal supporters from the chance of seeing their heroes in action in the biggest game of the year. This latest switch only rubs that fact even harder.

by Dan Edwards

ANALYSIS

Protests engulf Latin America, but don’t oversimplify, experts say

26-10-2019 12:50 There’s no simple explanation for the turbulence, analysts say, despite thematic undercurrents of economic equality, lack of social mobility and political disenfranchisement.

by Carly Graf

BLOOMBERG

Is the world economy sliding into first recession since 2009?

15-10-2019 09:11 The global economy is wobbling and whether it topples over is the big question in financial markets, executive suites and the corridors of power.

Literature

Vargas Llosa returns to Latin American history with new novel

08-10-2019 18:56 Nobel Literature Prize-winning Peruvian author releases his new novel this week 'Tiempo recios.'

CRISIS IN ECUADOR

Argentina slams Maduro, offers 'strong support' for Ecuador's Moreno

08-10-2019 17:29 Seven Latin American governments, including Argentina, offer 'strong support' for under-fire Ecuador President Lenín Moreno, who is facing large protests over rising fuel prices. Nations criticise 'any action' by Venezuelan leader Nicolás Maduro intended to 'destabilise' government.