Peru Archives - Page 11 of 13 - Americas Quarterly

Monday Memo: Investment in Cuba – Venezuela – Costa Rican Elections – Rio Police – Mining in Peru

Cuba Approves New Foreign Investment Law: The Cuban government on Saturday unanimously approved a law that provides new incentives for foreign investment in the island. The law will reduce taxes on profits from 30 to 15 percent in most areas, will speed up the approval process for foreign investment, and will exempt new investors from … Read more

Negotiations with Peruvian Informal Miners Continue

After six days of mining protests the Peruvian government finally announced an agreement with mining representatives on Tuesday, only to have it turned down by protesters. Over the past week over 20,000 unlicensed gold miners in Arequipa and Lima protested through marches, road blocks and sit-ins, denouncing a 2012 regulation that would require informal miners … Read more

ICJ Redraws Peru-Chile Maritime Border

In a landmark case, judges at the International Court of Justice (ICJ) redrew the maritime border between Peru and Chile yesterday, granting Peru parts of the Pacific Ocean that had formerly been considered Chilean territory. However, the United Nations’ highest court’s ruling on the maritime dispute left the rich, coastal fishing grounds in Chile’s possession. … Read more

Arts Innovator: Luis Antonio Vilchez, Peru

Watch a video of Luis Antonio Vilchez dancing in Times Square below. Passing through New York’s Times Square one winter day in 2010, Lima native Luis Antonio Vilchez noticed a group of street percussionists playing a familiar Afro-Peruvian rhythm—and immediately decided to join them. Soon, a large crowd gathered as Vilchez, wearing a button-down shirt … Read more

Innovators

Some of our hemisphere’s emerging leaders in politics, business, civil society, and the arts.

Progress of Peru’s Truth and Reconciliation Commission Brought Before IACHR

Speaking before the Inter-American Commission on Human Rights (IACHR) last week, petitioning organizations from Peru formally highlighted problems within Peru’s Truth and Reconciliation Commission (TRC)—an agency established in 2001 to address human rights abuses committed during the internal conflict of the 1980s and 1990s. The TRC was created after the fall of President Alberto Fujimori … Read more

Capital Controls:Investment Flows in Latin America

Capital control policies in emerging market (EM) economies have fluctuated for the past two decades as markets have responded to changing global dynamics. This continues to be the case in 2013. The term capital controls refers to a wide array of tools policymakers use to limit the flow of capital in and out of their … Read more

Latin America’s New Friend, Janet Yellen

Janet Yellen, nominated by President Obama last week to be the new chairwoman of the U.S. Federal Reserve, might not know it yet, but she has friends in high places in Latin America. This is because many in the region rightly believe that Yellen’s forecasted doveishness will give Latin America time to make the necessary … Read more

The Shining Path: Battered, but Unbroken

BOGOTA – It is somewhat ironic that Douglas MacArthur’s famous observation that “old soldiers never die, they just fade away” is also an apt description of the life cycle of terrorist organizations. At least, it certainly applies to the Shining Path organization. Casual observers of South America might be surprised to discover that the Shining … Read more

Japanese Diplomacy in Latin America and the Caribbean

Japan’s relationship with our neighbors across the Pacific has been, and remains, very close. Our first encounter stretches back more than 400 years. Since then—from the signing of Japan’s first diplomatic treaty on equal terms in 1888 with Mexico to the thriving Japanese immigrant community of approximately 1.65 million across Latin America and the Caribbean—the … Read more

Medical Strike Continues in Peru

Thousands of nurses and doctors are on strike in Lima, Peru, today as part of a 48-hour protest that began yesterday sparked by concerns over the need to improve health care conditions and increase medical salaries. Those on strike include approximately 9,000 members of the medical staff from the country’s national insurance coverage program, El … Read more

Protests Mark Start of Humala’s Third Year in Office

In the midst of a deepening political crisis, Peruvian President Ollanta Humala gave his second Independence Day speech on Sunday. But for the first time since the dictatorship of Alberto Fujimori, widespread protests and mobilizations against the government are gaining national momentum. On Saturday, thousands of citizens gathered in the historical center of Lima. Protest … Read more