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Peru News

  • Netanyahu to pioneer new diplomatic grounds in Latin America

    ISRAEL, 2017/09/13 Defying doomsayers concerned about Israel losing diplomatic clout, Benjamin Netanyahu is headed to Bogota, Argentina, and Mexico -- part other Latin American nations. Prime Minister Benjamin Netanyahu is scheduled to depart for Latin America and the US on Sunday evening, marking the fifth time in some 15 months he will embark on ground-breaking trips to nations at no time before visited by a sitting Israeli prime minister.
  • Netanyahu’s Historic Latin American Tour to Highlight Israeli Tech Sector

    ISRAEL, 2017/09/10 Latin America is “hungry for Israeli technology,” a senior Foreign Ministry official said Tuesday ahead of Prime Minister Benjamin Netanyahu’s historic visit to the region next week. Deputy Director General at the Foreign Ministry’s Latin America and Caribbean Division, Modi Ephraim, said the visit will have historic significance, as it will be the initial by a sitting Israeli prime minister.
  • PM Netanyahu leaves on historic visit to Latin America

    ISRAEL, 2017/09/10 Israeli Prime Minister Binyamin Netanyahu will leave on Sunday evening for a working visit to Latin America. During his trip, Netanyahu will visit Argentina, Colombia and Mexico. This will be the initial visit by a sitting Israeli Prime Minister to Latin America. Paraguayan President Horacio Cartes will travel to Buenos Aires to meet Netanyahu. Netanyahu leaves for trip to Argentina, Mexico, and Columbia, then meets world leaders at UN General Assembly in New York. Accompanying Netanyahu is a delegation of Israeli businesspeople from the fields of agriculture, water, communications and energy. Members of the delegation will hold commercial meetings with their local counterparts. Eonomic events will as well be held in Argentina and Mexico, led by Netanyahu and the Argentine and Mexican heads of national.
  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • Peru’s Protected Area System: A Key Component Of Ecotourism

    PERU, 2017/07/08 Ranked as one of the ten most mega-diverse nations in the world, Peru has used its biodiversity as a tool to attract both foreign and domestic visitors. This has engendered a flourishing ecotourism sector, which has become largely dependent on the Andean country’s protected area system. Ecotourism interweaves aspects of environmental conservation, economic development, and cultural preservation. In practice, it can include educating visitors about biodiversity, raising cultural awareness, and generating financial benefits for nearby communities and conservation efforts.[i] Peru’s protected area system supports the fundamentals of ecotourism and has become a vehicle for the sector’s increased increase.
  • Peru pursues tourism revenue growth both at home and abroad

    PERU, 2017/07/01 An effort to fasten new aviation deals and invest in marketing campaigns seems to be paying off for Peru’s tourism sector, with sizeable increase in gain and foreign arrivals recorded. In mid-May the Lima Chamber of Commerce (Cámara de Comercio de Lima, CCL) reported that revenues from tourism in Peru rose by 3.9% to $4.3bn last time– of which $3.5bn was from goods and services, and $802m was from transport services. The rising revenue stream, marking a fourth consecutive year of increase, was driven by a higher volume of foreign tourists, which climbed 8.4% in 2016 to reach 4.6m, a trend that looks set to continue.
  • The next chapter for the Trans-Pacific Partnership

    BRUNEI , 2017/06/27 The next of trade and cross border commerce in Asia and the Pacific and the US role in Asia’s economy were put in doubt by Donald Trump’s withdrawal of the United States from the Trans-Pacific Partnership (TPP) economic agreement. The TPP was the economic arm of President Obama’s pivot to Asia. It was as well supposed to set the rules and standards of trade in Asia and for the world. It is no amaze again, that some of the remaining 11 members of the TPP are trying to save the agreement even without US participation. A lot of political capital was expended in negotiating the TPP and nations are looking for ways to maintain the momentum of economic integration.
  • Peru presses ahead with PPP plans despite scandal

    PERU, 2017/05/11 The fallout from Brazil’s Odebrecht scandal is spreading to Peru, but the resulting infrastructure slowdown could mean opportunities for far-sighted overseas investors. Jason Mitchell reports. The Peruvian government is expected to go ahead this year with public-private partnerships (PPPs) in social infrastructure despite a massive corruption scandal that is paralysing some of the country’s biggest construction projects. Pedro Pablo Kuczynski (PPK), who assumed the presidency on 28 July last year and represents the right-wing Peruvians for Change political party, has made improving infrastructure one of his government’s major goals.
  • Peru Extractive Industries ‘High-quality’ investors sought in minerals and hydrocarbons

    PERU, 2017/04/19 With huge potential resources offshore and in the Andean mountains, where which President Kuczynski says lie ‘the world’s greatest resources’, Peru is looking for investment in its mining and hydrocarbon industries to energize its shift to a knowledge-based economy The mining industry is Peru’s principal source of foreign exchange, representing 50% of total currency reserves in any given year. Due or not instantly, the sector provides jobs to 820,000 citizens, and contributes 12% to GDP. In 2015, mining attracted $7.5 billion in domestically or externally sourced investment flows.
  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.