Author: Impetriz

The Presidency of the Asia-Pacific Economic Cooperation (APEC) forum will be handed over to Peru in November this year. This will be the third time that Peru will host the regional economic forum, which under two previous Presidencies (in 2008 and 2016) attracted over US$9.4 billion in investment into the country. This was stated by the Chair of Peru’s APEC 2024 Presidency working group, Ambassador Carlos Chavez-Taffur, who stressed that said Presidency gives the country a strategic position and contributes to the post-pandemic economic reactivation. Likewise, the future Peruvian Presidency promotes the image of the country as a destination to do business and improves…

Philippines President Ferdinand Marcos urged ASEAN on Thursday to unite and address the “dangerous use” of coast guard and maritime “militia vessels” in the South China Sea, emphasizing his country’s sovereignty and maritime jurisdiction in its waters. “We must not allow tensions in the South China Sea to further escalate,” he said during the 18th East Asia Summit in the presence of Chinese Premier Li Qiang, Australian Prime Minister Anthony Albanese, and Indian Prime Minister Narendra Modi. Marcos’ comments came after Manila charged China with “blocking” the passage of its two vessels in the disputed South China Sea in July.…

Peru’s president testified on Wednesday on the deaths of dozens of demonstrators during anti-government protests last December and this January. Dina Boluarte was summoned as part of prosecutors’ investigation into alleged crimes, including genocide, aggravated homicide, and serious injuries, in connection with the 49 protest-related deaths, according to Peru’s Ombudsman’s Office. The protests erupted following the impeachment of former President Pedro Castillo last December. People took to the streets demanding Boluarte’s resignation, the dissolution of Congress, and the early scheduling of general elections. Boluarte appeared before the attorney general, Patricia Benavides. “We have attended and testified,” Boluarte’s attorney Joseph Campos…

The U.S. International Development Finance Corporation (DFC), the United States Agency for International Development (USAID), and Cooperativa de Ahorro y Crédito Abaco Ltda. (ABACO) have joined forces to improve access to finance for small farmers in the Peruvian Amazon. With support from USAID, DFC is providing a $5 million loan portfolio guarantee to ABACO, demonstrating the US government commitment to promoting sustainable economic growth in the Peruvian Amazon. The guarantee strengthens ABACO’s capacity to lend to farmers, associations, producer cooperatives, and micro- and small-businesses in Amazonas, Cajamarca, Loreto, San Martin, Ucayali, Huanuco, Madre de Dios, Junin, and Cuzco. These loans…

WASHINGTON — South Korea and India have joined the U.S., Japan and European countries in supporting the Philippines in its maritime disputes with Beijing in the South China Sea, as China’s recent use of water cannon against a Philippine resupply ship creates a global backlash. U.S. President Joe Biden convened a historic three-way summit with Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol at Camp David on Friday. While public attention was focused on the leaders’ response to missile launches by North Korea, and China’s aggressive posture toward Taiwan, China’s growing hold on the South China…

LIMA, Aug 16 (Reuters) – An 11-year-old rape victim was allowed an abortion in Peru over the weekend after being initially refused the procedure, in a case that rights groups say highlights the lack of support for minors who suffer sexual abuse. The girl, publicly identified only as “Mila,” was raped for years by her stepfather, according to a police report. Earlier this month, Mila – approaching 18 weeks pregnant – was turned away at a hospital in the Amazon region of Loreto, which refused to perform the abortion. The case caused a furor and after the United Nations urged…

WASHINGTON — The United States and its Western allies are looking to China to help resolve the calamitous domino effect of Russia’s exit from a crucial U.N.-backed agriculture deal. China, one of Moscow’s most strategic allies and the world’s second-largest economy, was the indisputable top recipient of Ukrainian agricultural products under the landmark agreement known as the Black Sea Grain Initiative. After nearly a year in place, Russia ditched the pact last month, citing frustrations that the deal only benefited Ukraine. The agreement eased Russia’s naval blockade in the Black Sea and established a maritime humanitarian corridor which saw the passage of more…

The emergence of smart grids in Peru’s energy market is a testament to the country’s commitment to modernizing its energy infrastructure and embracing innovative technologies. As a developing nation with a rapidly growing economy, Peru faces unique challenges in meeting its energy needs. The rise of smart grids is a crucial step towards addressing these challenges and ensuring a sustainable, efficient, and reliable energy supply for the future. Smart grids are an advanced form of energy distribution that use digital technology to optimize the delivery of electricity. They enable two-way communication between utilities and consumers, allowing for real-time monitoring and…

The notorious Wagner Group’s top leaders have appeared in a new video from Belarus promising a new “beginning” for the mercenary group that does not involve the “disgrace” unfolding in Russia’s regular army in Ukraine. A nearly 6-minute video released on a Telegram channel affiliated with Wagner founder Yevgeny Prigozhin on Wednesday showed the Vladimir Putin-ally-turned-mutiny mastermind riling up a crowd of mercenaries at the group’s new base in Belarus, nearly a month after their violent uprising on Russian territory resulted in several dead Russian service members, a humiliated Vladimir Putin, and banishment to Belarus—though no criminal charges or people mysteriously falling out of windows.…

LIMA, July 17 (Reuters) – Most Peruvians believe their economic situation has worsened under their seven-month-old government, a survey showed on Monday, as protesters prepare to return to the streets. Some 54% of those polled said their current economic situation worsened in the last six months and 41% said it remained the same, in a survey conducted last week by local pollster CPI. The survey followed a government announcement noting the economy of the world’s No. 2 copper producer shrunk 1.43% year-on-year in May, a worse contraction than that expected by analysts and reversing a two-month growth spurt. Several left-wing groups have…