News & Analysis

Odebrecht executive spills (more) beans

Carlos Notre, Odebrecht’s director for contracts at the time tenders were issued for construction of the Lima metro, has provided more detail of the bribes paid to secure this lucrative contract. He did so in Curitiba in an interview with Peru’s prosecutor José...

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Fujimori pardon reversed

On 3 October, Supreme Court Judge Hugo Nuñez Julca declared that the humanitarian pardon given to previously jailed ex-president Alberto Fujmori was illegal. This was a result of the legal process brought to the court by family members of his victims, and followed the...

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Referendum deadline met, but wording changed

In the event, Congress (in which the Fujimoristas in Fuerza Popular are the majority) complied with the deadline set by the executive and ratified by Daniel Salaverry, the president of the legislature, of 4 October. In the early hours of the fourth, a vote was passed...

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Remembering (or forgetting) Velasco

3 October is the 50th anniversary of the coup d’etat that brought to power the so-called ‘Revolutionary Government of the Armed Forces’ in Peru, led by General Juan Velasco. 3 October 1968 was a turning point in Peruvian history: whether for good or for bad is still a...

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The canon and its impact

An increase in mining output and prices in the first half of this year means that the amount of money available to sub-national tiers of government through the canon system has increased. Regional and local governments received 3.1 billion soles from the canon minero....

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Regional, local elections approach

Next Sunday, on 7 September, Peruvians go to the polls to elect new regional presidents and the mayors of district and provincial municipalities. This should be an important event in the political life of the country. Not only should the elections provide pointers as...

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New book launched on Las Bambas

Last week’s launch of a book on Las Bambas involved a panel of leading experts on the ways in which the lack of governance surrounding mining projects contributes to confrontation and violence. The book, by Leonidas Wiener Ramos, a lawyer and specialist in...

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Lower copper prices take their toll

The falling price of minerals (principally copper) on world markets is forcing the Central Bank (BCRP) to recalculate downwards its expectations for the trade balance and for next year’s growth rate. In June, the BCRP estimated that the trade surplus this year would...

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