Edition:
India

Marco Aquino

Peru's central bank says 'can't rule out' further rate cuts from historic minimum

10 Jul 2020

LIMA, July 10 Peru's central bank on Friday said it would not rule out further rate cuts from the current historic minimum as the country struggles to revive its economy blighted by the lockdown associated with the novel coronavirus.

Peru coronavirus cases top 300,000 as Andean nation eases lockdown

06 Jul 2020

LIMA Peru on Sunday jumped past 300,000 confirmed cases of COVID-19, the fifth-highest in the world, as the Andean nation of nearly 33 million people slowly reopens its battered economy.

Peru mining activity tumbles in May for third straight month

01 Jul 2020

LIMA, July 1 Activity in Peru's mining and hydrocarbons sector plummeted 45.79% in May from a year earlier, the third straight monthly drop, the government said on Wednesday, due to a lockdown to fight the COVID-19 pandemic.

Peruvian prices sink into deflationary territory in June

01 Jul 2020

LIMA, July 1 Consumer prices in Peru fell 0.27% in June mainly due to a contraction in food prices, the government said on Wednesday, as the country moves to cautiously resume economic activity halted by the novel coronavirus outbreak.

Peru to lift some coronavirus lockdown measures but keep borders closed

27 Jun 2020

LIMA Peru will lift coronavirus lockdown measures in most areas of the country, including the capital Lima, at the start of July, while keeping its borders closed, after the daily rate of cases slowed in recent days, the government said late on Friday.

Peruvian government strikes agreement with private clinics on COVID care

25 Jun 2020

LIMA The Peruvian government on Thursday said it had struck an agreement with the country's private health clinics on the cost of COVID-19 care after President Martin Vizcarra warned on Wednesday they would be expropriated within 48 hours if negotiations did not progress.

Peru indigenous leaders push quick Amazon protection vote, defying oil industry

23 Jun 2020

LIMA Peru's indigenous leaders have been lobbying lawmakers to pass a bill to declare swathes of virgin Amazon rainforest off limits to outsiders, but they fear opposition by the oil industry may scupper a rare opportunity to secure a vote this week.

CORRECTED-Peru indigenous leaders push quick Amazon protection vote, defying oil industry

23 Jun 2020

LIMA, June 22 Peru's indigenous leaders have been lobbying lawmakers to pass a bill to declare swathes of virgin Amazon rainforest off limits to outsiders, but they fear opposition by the oil industry may scupper a rare opportunity to secure a vote this week.

Exclusive: Peru miners restart pandemic-hit operations with mass testing, isolating workers

18 Jun 2020

LIMA Peru's miners are revving up stalled operations with mass testing, isolation periods and revamped shift patterns, setting up the world's No. 2 copper producer to hit 80% of production capacity by the end of June, industry officials said.

UPDATE 1-Peru posts worst-ever drop in GDP as mine output falls sharply

16 Jun 2020

LIMA, June 15 Peru´s economic activity sank 40.49% year-on-year in April, its worst-ever percentage drop in output, as a national lockdown to combat the coronavirus slammed the brakes on industry across the South American nation, the government said on Monday.

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