Living in Peru : your everyday companion

Peru's Vargas Llosa: The hopes of Cuba's revolution have not been realized

Peruvuian author Mario Vargas Llosa, one of the most influential writers in Latin America, said history will not absolve ailing Cuban leader Fidel Castro. "The hopes awakened by the Cuban revolution have not been realized," Vargas Llosa told the French news agency AFP in New York. "Cuba is today a poorer country, with huge inequalities between the lives of the nomenclature, tourists and the average Cuban." (Sun-Sentinel - click here to read complete article by Ray Sanchez)


Peru Upgrades Limit On Foreign Investment By Private Pension Funds

Peru's government has increased the legal limit on foreign investments made by the nation's private pension funds, or AFPs. The nation's Superintendent of Banking, Insurance and pension funds, SBS, said late Wednesday that the legal limit has been lifted to 30% from a previous 20%. "This increase in the limit will take place gradually taking into account macroeconomic conditions and the exchange market," the SBS said. (CNN Money - click here to read complete article)


Taylor looking for donations to help pay for soccer trip to Peru

Olney native Kristin Taylor has been chosen to represent the United States in Lima, Peru, in July at the 2008 Apemude Invitational Series. Taylor, a 2007 graduate of East Richland High School, was selected along with 15 other girls soccer players. She is currently majoring in Sports Science at McMurry University in Abilene, Texas, and hopes to coach soccer at the college level one day. (Olney Daily Mail - click here to read complete article)


Aon Re Global Acquires Peruvian Reinsurance Intermediary Cosegur Re

Aon Re Global, the world's largest provider of reinsurance brokerage and capital solutions and a unit of Aon Corporation (NYSE: AOC), today announced it has acquired Peruvian reinsurance intermediary Cosegur Re, offering clients in Peru greater access to worldwide reinsurance markets and Aon Re Global's industry-leading catastrophe modeling and servicing capabilities. (Sun Herald - click here to read complete article by Aon Corporation)