Peru: Morning News Roundup – Tuesday March 25

Probe over Peru man’s death

British holidaymakers will be spoken to in a bid to see if a Woolwich man found dead on a trip in Peru was murdered. Colin Murphy, 44, was discovered in a river in January after going missing while trekking on the Inca Trail. He was believed to have drowned but it is thought two post-mortem examinations found he suffered a head injury. An inquest has been opened in Cambridge. (The Press Association – click here to see article)

Tourist ‘may have been murdered’

A British holidaymaker found dead during a trekking trip along the Inca Trail in Peru might have been murdered. Colin Murphy’s body was found in a river in January after he went missing. The 44-year-old was thought to have drowned, but it is understood that two post-mortem examinations have since found he suffered a head injury. An inquest has been opened and adjourned in Cambridge and a coroner’s investigation is under way. Fellow holidaymakers are due to be questioned. (BBC News – click here to read complete article)

Peru steps up border patrol with Colombia

Peruvian Defense Minister Antero Flores Araoz said Monday the Peruvian army is patrolling its border with Colombia to prevent Colombia’s largest rebel group from crossing over. "Peru is taking action in the Putumayo area to prevent the Revolutionary Armed Forces of Colombia (FARC) from entering, using aircraft, Putumayo River patrols and infantry patrols," he said. He added that he had full knowledge that the FARC dips in and out of Peru in so-called "pushes" designed to work around Plan Colombia, a United-States-backed military initiative against the group. (Xinhua – click here to read complete article)

Young humanitarian takes trip to Peru

Aspen Pollock, 9, is spending part of her week doing what few kids choose to do on Spring Break – she’ll be in Peru helping needy children on a humanitarian trip. This will be the first such trip for Aspen, who attends Calaveras School, and her mother Razya Pollock, who will accompany her. Their volunteer work is done through the Airline Ambassadors, of which Pollock is a member. "It’s about a child helping other children," Pollock said. Her mother said Aspen will help kids in Peru, teaching them correct oral hygiene and assisting in other areas. There are 30 needy kids in the village who will be involved in the experience, Pollock said. (Hollister Freelance – click here to read complete article by Kristen Tolleson)

Interbank Takes $200m Loan to Retail

Peru’s Interbank, which is seeking to raise $200m in a recently restructured two-part facility, is launching to retail today with a bank meeting in New York. The facility, being led by Standard Chartered, includes a $100m trade facility at 80bp, 85bp and 95bp over Libor in years one, two and three, respectively, and a $100m working capital facility at 100bp, 110bp and 120bp over. The deal competes with Scotia Peru’s $200m 5-year amortizer via Citi, which bankers away from the process say pays 120bp over Libor. Both facilities are heard moving slowly with no clear signs of participation yet. That is because of challenging market conditions for lenders, claim bankers on the deal. “Interbank is gaining traction now,” says an executive close to the process. He adds Interbank may secure its first two MLAs this week. (Latin Finance)

Mexican club America lands on Peru for Libertadores match

Mexican soccer team America arrived in Peruvian capital Lima on Monday ahead of Wednesday’s game against Deportivo Universidad San Martin de Porres as part of a Group V in Copa Libertadores, the South America’s most prestigious competition for clubs. "We have come for those three points and are facing a rival which is pretty strong, even though it is a newcomer to this competition," said Ruben Romano, America’s manager. (Xinhua – click here to read complete article)