The world copper price is of great importance to Peru, as it is to its neighbour Chile. Between them they account for 38% of world output. So the fall of 30% since the March 2022 peak price of US$10,500/ton is bad news for Peru. Goldman Sachs warns that the slump...
Congress has once again declined to ratify the Escazú Accord, an international treaty designed to promote transparency, citizen participation, environmental justice and the protection of environmental defenders. This when national and regional authorities are...
This last week saw the Castillo government caught up in a new row in which América Televisión accused the president of collusion with the rondas campesinas (peasant patrols) in Cajamarca which had briefly detained a couple of journalists working on a story to do with...
The central bank (BCRP) raised its interest rate to 6% on 7 July, following the announcement that inflation at the end of June had risen to 8.8% on an annualised basis. The rise is likely to further curb economic growth in what remains of 2022. The rise to 6% comes...
The regional governor of La Libertad, Manuel Llempen, has agreed with the army, the police (PNP), public prosecutors and other regional officials, to collaborate in cracking down on illegal mining in the Pataz district. The move arises from reports of increased...
State-owned Petroperú has asked that a state of emergency be declared following an oil-spill at Km371 on the 1,100km Northern Peruvian Pipeline that links oil wells in Loreto region to the Pacific coast. The spill was reported to be held in the pipeline’s containment...
Fenacoka, the organisation representing the Kakataibo indigenous people, is demanding protection for communities and environmental defenders who are threatened by reprisals from drug traffickers for state coca eradication activities in their territories. The...
A general strike is due to begin this Monday, 4 July, across the whole transport sector. This will include inter-provincial transport as well as urban transport in Lima and other cities. A strike by heavy truck drivers began a week earlier on 27 June. The strikes...
Representatives of various Peruvian labour federations were in Brussels last week to present their complaint against the Peruvian government to EU officials. They allege that labour practices contravene the standards set out in the trade agreement between Peru and the...
Following the tragic deaths of 14 miners in Atico, Arequipa, two weeks ago, on 28 June, a fire in a mine shaft started where 52 miners were working. Most miners escaped, but others were rescued by colleagues, assisted by emergency services. Ten miners were taken to...
Extractive companies’ ability to contract the services of the police force has given rise to a growing preoccupation in recent years. This week the Constitutional Tribunal (TC), in an important ruling, stepped in to restrict such practices. The TC’s declarations aimed...
Like many other First Nations throughout the world, the indigenous peoples of the Peruvian Amazon, who have traditionally been organised and officially recognised as individual communities, have begun to create representative ethnic organisations that seek to be...