Peru’s June tax, customs collections fall 21.3% vs year ago

Income-tax collections fell 34.3% to 1.30 billion soles
Lima, Jul. 02 (ANDINA).- Peru’s central government tax and customs revenue totaled 3.88 billion soles ($1.29 billion) in June, a 21.3% decrease from the year before, tax agency Sunat said Thursday.
The decline is due to slowing economic growth that has hit trade flows, weakening both import duties […]

Peru’s economy to begin gradual recovery in 2nd half 2009, says BBVA

Driven by government’s economic stimulus plan
monetary policy to stimulate private consumption
Lima, Jul. 02 (ANDINA).- The Peruvian economy, which contracted sharply in the first six months of the year, will begin a gradual recovery during the second half due to the stronger impact of the Economic Stimulus Plan (PEE) and the aggressive intervention of the Central […]

Peru exports to reach over US$ 28.4 billion in 2010

Lima, Jul. 02 (ANDINA).- Peruvian exports would total 28.4 billion dollars in 2010 reported the Economic and Business Development Committee (IEDEP) of Lima’s Chamber of Commerce (CCL).
IEDEP’s Executive Director Cesar Peñaranda said that imports in 2010 would amount to 27.7 billion dollars.
He added that this situation will be due to an improvement in prices […]

Background Briefing on the Situation in Honduras

Teleconference Background Briefing by Two Senior Department Officials
Washington, DC
July 1, 2009
MR. KELLY: So let’s start. Thank you for joining us for this conference call. We have two Senior Administration Officials with us today to discuss the current situation in Honduras and our bilateral and multilateral efforts in that situation. And I think we’re going to […]

Peru Approves Massive Oil Project

Wednesday, 1 July 2009, 4:53 pm
Press Release: Survival International
‘Business As Usual’: Peru Approves Massive Oil Project Just Days After ‘Amazon’s Inverse Tiananmen’
Peru’s government has given the green light to an Anglo-French company to drill for oil in the Amazon, just thirteen days after more than 30 people died (24 of them police troopers) […]

It’s a ‘good crisis’ for South American wine

06/25/2009
BORDEAUX — As the world grits its teeth and grabs another glass of something to chase the blues away, South American wine producers are contentedly watching exports bounce.
International wine sales from places such as Chile, Argentina, Brazil and Peru are up in the first quarter of 2009, and industry professionals are saying the crisis has […]

World Bank says Peru improved in governance over last decade

Lima, Jun. 29 (ANDINA).- Over the past decade from 1998-2008, Peru has shown substantial improvement in governance, especially in voice and accountability, according to the latest World Bank’s ‘Governance Matters 2009′ report released today.
Voice and Accountability represents the extent to which a country’s citizens are able to participate in selecting their government, as well as […]

IAI Delivers First Batch Of Kfir Fighter Jets to FAC

by Staff Writers
Tel Aviv, Israel (SPX) Jun 26, 2009
Jet Israel Aerospace Industries (IAI) is delivering the first batch of upgraded Kfir fighter jets to the Colombian Air Force in a ceremony held at IAI’s facilities in Israel. In attendance at the ceremony was Juan Hurtado Cano, the Colombian Ambassador to Israel, high ranking officers from […]

Trout cebiche tasting event on Cebiche’s National Day in Peru

Huancayo, Jun. 25 (ANDINA).- Citizens from the Andean city of Huancayo (Junín) will freely attend this Saturday a trout cebiche tasting event, as part of activities to commemorate Cebiche’s National Day celebrated on Sunday, June 28.
The tasting event will be held at Huamanmarca square, and is organized by the Marine and Seafood Restaurants Association, Hoja […]

Brazilian Air Force Receives Transport Aircraft Offer

26 June 2009
The Brazilian Air Force has received an initial offer for four new C-105 Amazonas transport aircraft (CASA C-295) and four SC-105s, the search and rescue variant from EADS CASA.
The air force plans to acquire the craft for transport units in Brazil’s northern and centre-west regions and for the Pelican Squadron in Campo Grande […]

BCR: Peru International Reserves totaled $30.78 billion by Jun 24

Lima, Jun. 27 (ANDINA).- Peru’s Net International Reserves (NIR) amounted to 30.780 billion dollars by May 24, the Central Reserve Bank of Peru (BCR) reported Saturday.
This level of BCR’s foreign reserves is equivalent to 14 months of imports, 4.8 times the initial issue amount and 1.5 times the foreign public debt.
Regarding BCR’s foreign exchange position, […]

Green shoots spring up in resilient Brazil economy

Thu Jun 25, 2009 11:21am BST
By Stuart Grudgings
RIO DE JANEIRO (Reuters) - Brazil, among the last major economies to feel the effects of the financial crisis, is showing growing signs of a rebound on the back of resilient consumers, a healthy banking sector and higher global commodity prices.
At her busy real estate office on a […]

Google CEO says worst of crisis is over

Fri Jun 26, 2009 5:56pm BST
CANNES (Reuters) - A U.S. recovery is likely to begin this autumn, the worst of the crisis has passed and it is “reasonable to be optimistic for 2010,” internet search giant Google’s chief executive Eric Schmidt said on Friday.
Speaking at the Cannes Lions advertising festival in southern France, Schmidt said […]

South Korea, Peru to continue free trade talks next week

2009-06-25 08:54:21
  The third round of free trade talks between South Korea and Peru is to be held in Seoul next week, the government said Wednesday.
  According to South Korea’s foreign ministry, a Peruvian delegation, headed by Foreign Minister Nathan Nadramija, will visit Seoul next week for the free trade talks, where related […]

Doe Run Peru union wants court to hand over control

Thu Jun 25, 2009 5:42am GMT
By Teresa Cespedes
LIMA, June 24 (Reuters) - Workers from troubled Doe Run Peru said on Wednesday they planned to ask a court for an injunction that would allow them to take over administration of the company, whose smelter has been largely idle for four months.
Doe Run, Peru’s No. 4 metals […]