News Peru Commodities: Peru Looks to Sustain Growth in Wake of the Commodities Bust
Whenever elections loom in Peru, presidential hopefuls distance themselves from the mines and energy projects that form the backbone of the country’s economy. Ollanta Humala, the current president, won in 2011 by attacking the mining industry for failing to consult with local communities and turn over more benefits to them. And that was at the height of a commodities boom that supercharged Peru’s growth rate. Pedro Pablo Kuczynski, an early favorite in the race to succeed Humala, doesn’t even mention mining in his campaign literature for the 2016 presidential election.
News Peru Commodities: Commodity-heavy EM issuers face declining prices in 2022
Commodity exporting emerging markets will face a drop in export revenue next year, but prices will be far above pre-Covid levels ...
News Peru Commodities: 'Dead end': Peru community again rejects meeting as blockade against Las Bambas continues
A Peruvian community blocking a road used by MMG Ltd's Las Bambas copper mine will again not participate in a government-brokered meeting to be held on Tuesday, a representative said.
News Peru Commodities: EMERGING MARKETS-Latam FX steadies as Omicron fears ebb, Peru's sol hits five-week highs
Most Latin American currencies steadied on Tuesday, supported by an easing of concerns about the Omicron variant with t he Peruvian sol hitting five-week highs, while Brazilian stocks fell to a ...
