Author: Joabracho

SEOUL, Sept 7 (Reuters) – South Korean President Yoon Suk Yeol asked Chinese Premier Li Qiang on Thursday if Beijing could do more as a U.N. Security Council member to address North Korea’s nuclear threat. Yoon told Li China should do more to “fulfil its responsibility and role as a permanent member of the U.N. Security Council” and stressed that Seoul’s ties with Washington and Tokyo would only strengthen to counter North Korea, a statement from South Korea’s Presidential office showed. Yoon met Li on the sidelines of an ASEAN summit in Jakarta. Li, for his part, reiterated China’s support…

(Bloomberg) — Peru’s annual inflation rate may remain above 3% through early 2024 due to an El Nino weather pattern that is already causing spiking food costs, central bank chief Julio Velarde said Thursday. “The inflation that includes food costs probably will only hit the inflation target in March or April, and that will depend on how strong the El Nino weather pattern is,” Velarde said during a presentation at the Perumin mining conference. The central bank aims for an annual inflation target of between 1% and 3%. But a strong El Nino could delay it from reaching its goal…

Paris, Toronto (17/9 – 37) The French ambassador to Niger and other French diplomats “were actually held hostage in the French embassy” during the emergency following the military junta coup d’état that gave the boot to Mohamed Bazoum, Niger’s elected president, on July 26. A violent confrontation loomed, as President Bazoum refused to give in to the military and step down. Soon after the coup, Niger’s military junta moved to expel the US, German, Nigerian and French ambassadors, amid suspicions of potential foreign pressure to impel a military intervention by The Economic Community of West African States (ECOWAS). Meanwhile, with…

The deal Peru’s Private Investment Promotion Agency has awarded Interconexion Electrica (ISA) a contract to invest $141m (522.25m sol) in three power transmission lines in Peru. Why it matters The power transmission lines will cover 240km, providing energy to Piura, San Martin and Arequipa. Such regions are exposed to the El Nino phenomenon, which impacts wind speeds and therefore disrupts renewable energy sources. The new development will help to overcome this and provide a more reliable energy supply in Peru. According to ISA, the lines will help with Peru’s energy transition by “favouring the entry of clean energies”. The clean energy mix is expected…

MOSCOW, Aug 22 (Reuters) – At least two people were injured on Monday when parts of a Ukrainian drone destroyed by Russian air defences fell on a house in the Moscow region, the regional governor said. Nearly 90 airplane flights in and out of the capital were disrupted after Russia said it jammed a Ukrainian drone in the Ruzsky district west of the capital and destroyed another one in the Istrinsky district nearby. Arrivals and departures from Moscow’s four main airports – Vnukovo, Domodedovo, Sheremetyevo and Zhukovsky – were restricted, disrupting 45 passenger planes and two cargo planes, Russian aviation…

Peruvian students Mario Gilvonio and Fabian Sanchez earned a silver medal and an honorable mention, respectively, at the 16th International Olympiad on Astronomy and Astrophysics (IOAA) 2023, in Poland. The Peruvian team competed against more than 50 other countries, including Olympic powers such as Vietnam, the United States, Russia, China, the United Kingdom, the Czech Republic, Canada, and Romania. This is the first time that Peru participates in this global event, which brings together more than 500 participants. During this Olympiad, participants not only competed but also learned more about Poland’s rich history, stunning landscapes, and vibrant culture. “As the heart…

More than 8,500 Russian paratroopers have been wounded while fighting in Ukraine, a Russian general said Wednesday in a rare official admission about the number of casualties suffered by Moscow’s troops in Ukraine. “More than five thousand wounded paratroopers returned to the front after treatment, and over three and a half thousand of our wounded refused to leave the front line at all,” Mikhail Teplinsky, commander of Russia’s Airborne Forces, said Wednesday in a video message posted on state-run broadcaster Zvevda, which is run by the Russian defense ministry. Initially published in the early hours of Wednesday, the video was then taken…

Since our independence, over 200 years ago, Peru has had the support of strategic partners, including our deep ties with the People’s Republic of China. Both countries are cradles of ancient civilizations, and we share the vicinity of the Pacific Basin as a scenario for action to achieve the development and progress of our peoples in a globalized world. This year, Peru celebrates a decade since the establishment of the Comprehensive Strategic Partnership with China and 52 years since the beginning of our diplomatic relations. The links between our two peoples date back to the 19th century, and the significant…

Kyiv has touted incremental gains in its counteroffensive as heavy battles continue. Ukraine launched the counteroffensive to retake occupied Russian territory around June 4. While its forces have not yet made their big push, analysts have suggested that the campaign is progressing more slowly than expected. Kyiv’s deputy defense minister Hanna Maliar said on Tuesday that Moscow’s push in the Kupiansk direction on the northern flank was “currently unsuccessful.” Maliar wrote on Telegram that heavy battles were underway around Kupiansk, Lyman, Bakhmut, Avdiyivka and Maryinka, where 18 combat engagements took place on Tuesday. “The battles continue, but the initiative is already on…

Peru held interest rates at a 22-year high on Thursday as policymakers wait for more evidence that inflation is slowing decisively toward its target. The central bank left its benchmark interest rate at 7.75%, matching the forecast of all 12 economists surveyed by Bloomberg. Monetary authorities in Peru, Brazil, Chile, Mexico and Colombia are forecast to ease policy this year as inflation cools across the region. However, Peru’s central bank chief Julio Velarde has said he’s wary of the risk of easing prematurely before inflationary pressures have been properly tamed. “We forecast that annual inflation will remain on its downward…