Peru Passes Mobile Banking Law
A new financial transactions law, Ley de Dinero Electrónico, signed this week by President Ollanta Humala will make it easier for Peruvians to conduct financial transactions using their mobile phones. The law, which goes into effect this July, will help the estimated 65 percent of poor Peruvians who lack access to formal banking services or ATMs. More … Read more
Monday Memo: Impact of Venezuela Regional Elections – Mayans Prepare for End of the Thirteenth [i]B’ak’tun[/i] – Peru, Chile Demine Shared Border – and more
Top stories this week are likely to include: Strong chavista performance in Venezuelan regional elections; Mayan peoples celebrate the thirteenth b’ak’tun; Argentina faces international fiscal isolation; and Peru and Chile sign a pact to remove mines from their shared border. Impact of Venezuela Regional Elections: Although Venezuelan President Hugo Chávez’ health remains uncertain after a … Read more
Monday Memo: Mercosur Considers Ecuador and Bolivia – Peña Nieto in the Presidency – Colombia, FARC Continue Talks – Peru, Chile at The Hague – and more
Top stories this week are likely to include: Mercosur convenes; first week of Enrique Peña Nieto’s presidency; FARC peace negotiations resume; Peru, Chile dispute their border at The Hague; and Rousseff’s oil royalties veto makes waves in Brazil. Mercosur Considers Ecuador and Bolivia: When Mercosur’s member nations convene on Friday in Brasilia, they will consider … Read more
Lima Mayor Villarán to Face Recall Referendum
On Thursday, the Peruvian government agency Registro Nacional de Identificación y Estado Civil (National Identification and Civil Status Registry –RENIEC) finished validating over 400,000 signatures supporting a referendum to recall the mayor of Lima, Susana Villarán. Villarán, the first woman to take office as mayor of Lima in January 2011, has received extensive criticism for … Read more
Peru’s Fujimori May Ask for Pardon this Week
Peruvian President Ollanta Humala indicated Wednesday that his government had received no formal request from former President Alberto Fujimori’s family for an official humanitarian pardon from the state. However, according to Fujimori’s lawyer, César Nakazaki, Fujimori is planning to ask for a pardon sometime this week, with legal documents expected to be submitted this Friday. … Read more
[i]AQ[/i] Slideshow: Post-Spill Effects in Peruvian Mining Communities
Extractive industries have made a considerable contribution to Latin America’s economic growth this century, especially in countries along the Pacific Rim (i.e., Chile, Colombia, and Peru). Of those nations, perhaps greatest recent impact of the resource boom has been in Peru—contributing a large share to the country’s remarkable GDP growth of 6.9 percent in 2011. … Read more
