Living in Peru : your everyday companion

Copper climbs to 2-mth high on Peru strikes

Copper hit a two-month high on Wednesday as industrial action in Peru threatened supply, while rising energy prices underpinned aluminium. Copper for three-month delivery on the London Metal Exchange touched an intraday high of $8,671 per tonne, before trading at $8,630/8,640 at 0931 GMT versus $8,610 at the close on Tuesday. Aluminium eased slightly to $3,140/3,150 a tonne from $3,155 on Tuesday, after hitting an intraday high of $3,177 -- the highest since March 11. (Reuters - click here to read complete article)


Peru's finance minister could step down

Peru's Finance Minister Luis Carranza has expressed his desire to resign, and it is up to him to decide whether he stays or quits, President Alan Garcia told reporters on Tuesday. Garcia, who praised Carranza's work, said a final decision had not yet been made. "In the end, I'll put it in his hands to decide ... It's not something that the prime minister or I have asked for," Garcia said. (Reuters - click here to read complete article)


Peru: Latin America Bond, Currency Preview

Peru: Consumer prices rose 5.7 percent in the 12 months through June, the government reported yesterday. The inflation rate was higher than the 5.4 percent rise in May, the National Statistics Institute said in a report. The median forecast in a Bloomberg News survey of 14 economists predicted 5.4 percent. The sol was little changed at 2.9615 per U.S. dollar. (Bloomberg - click here to read complete article by Jamie McGee)


Doherty Students make a difference in Peru

Lauren Collins, Paige Clarke, Molly Frick and six other Doherty High Students can not stop talking about their medical mission trip to Peru. The group provided important hygiene and health care to impoverished South American villages, all in conjunction with the local non-profit organization Adopt a Village International and Springs Rotary Club. (Fox21 - click here to read complete article by Rachel Welte)


Protecting Peru and Brazil’s Uncontacted Amazon Tribes

What is it about the recent photographs of the “uncontacted” indigenous tribe of the Peruvian-Brazilian Amazon region that has caused such a stir? The provocative photos of painted natives in loincloths, including several holding bows ready to loose their arrows at the aircraft filming them from overhead, are eliciting worldwide concern over how the government will treat these people. The image of brandished arrows seems pretty clear: these natives want to be left alone. (COHA - click here to read complete article)