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Peter Lancaster in Argentina. Peter Lancaster, 31, was laid off from his technology job in California in May last year. For the next eight months, Peter traveled to eight different countries: Mexico, Colombia, Peru, Argentina, Guatemala, Japan, Ecuador and Brazil. Peter Lancaster Traveler"Especially in a foreign country, use the buddy system," he said. Peter Lancaster at the Courtesy of Peter Lancaster
Persons: Peter Lancaster, Peter, Alejandra, Downside, I'd Organizations: CNBC Locations: Argentina, California, Mexico City, Mexico, Colombia, Peru, Guatemala, Japan, Ecuador, Brazil, Peru —, Cusco, United States
There are now more central banks cutting rates than those hiking rates, per a Deutsche Bank analysis. For the first time since January 2021, there are more central banks cutting rates than those hiking them, according to an analysis by Jim Reid, a research strategist at Deutsche Bank, MarketWatch reported on Tuesday. The trend started last month, with 10 central banks cutting rates — outnumbering those that hiked rates in the same time period, according to Reid's analysis of 81 central banks around the world. The trend continued this month with five central banks — including include those in Brazil and Peru — cutting rates so far. AdvertisementWhile major central banks like the US Federal Reserve and the European Central Bank are keeping rates steady right now, there are bets that they, too, will start to hike rates in the months ahead.
Persons: , Jim Reid, Reid, That's Organizations: Deutsche Bank, Service, MarketWatch, US Federal Reserve, European Central Bank, UBS Locations: Brazil, Peru, Swiss
An Epic Pilgrimage Across Three Great Religions
  + stars: | 2023-11-09 | by ( Aatish Taseer | ) www.nytimes.com   time to read: +111 min
Before there was tourism, there was pilgrimage: a trip of endurance, hardship and ecstasy in celebration of one’s faith. On an epic pilgrimage of his own, one writer ventures into the heart of three great religions in Bolivia, Mongolia and Iraq. The Imam Hussein shrine in Karbala the day after Ashura. “They’re poor, but they come thousands of kilometers for the love of Imam Hussein.” PILGRIMAGE WAS A great equalizer. “Labaik ya Hussein,” came the solemn chorus of surrounding voices.
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LIMA, Peru — Two of Peru’s former presidents are behind bars, one convicted of human rights violations, the other accused of illegally trying to dissolve Congress. A third ex-president may soon join that ignominious group with all three sharing the same prison. Alejandro Toledo, who led Peru two decades ago, surrendered on Friday to law enforcement officials in California, according to a U.S. Once he is returned to Peru, Mr. Toledo is expected to be incarcerated while the case against him proceeds. Peru has endured years of political corruption and instability that has resulted in the Andean country being ruled by seven presidents in the last seven years.
LIMA, Peru — Thousands of protesters took to the streets of Peru’s capital and were met with volleys of tear gas and pellets amid clashes with security forces just hours after President Dina Boluarte called for a “truce” in almost two months of protests. “We can’t have a truce when she doesn’t tell the truth,” Blanca España Mesa, 48, said of Peru’s president. Even though her eyes were watering from the tear gas, España Mesa said she was “happy because a lot of people came today. On Tuesday, police fired round after round of tear gas as they blocked the passage of protesters, who seemed more organized than before. “Peru has managed to fly under the radar,” said Marina Navarro, executive director of Amnesty International Peru.
LIMA, Peru — People poured into Peru’s coastal capital, many from remote Andean regions, for a protest Thursday against President Dina Boluarte and in support of her predecessor, whose ouster last month launched deadly unrest and cast the nation into political chaos. The concentration of protesters in Lima also reflects how the capital has started to see more antigovernment demonstrations in recent days. Many protesters say that no dialogue is possible with a government that they say has unleashed so much violence against its citizens. “I think this will only keep growing.”Analysts warn that a failure to listen to demands from protesters could have tragic consequences. “We have to start to think what we want to do with Peru, otherwise this could all blow up,” Cardenas said.
LIMA, Peru — Peru’s new government declared 30-day national emergency on Wednesday amid violent protests following the ouster of President Pedro Castillo, suspending the rights of people to gather and move freely across the Andean nation. “The National Police with the support of the Armed Forces will ensure the control throughout the national territory of personal property and, above all, strategic infrastructure and the safety and well-being of all Peruvians,” Defense Minister Luis Otarola Peñaranda announced. Otarola said the declaration “means the suspension of the rights of assembly... freedom of movement.” He said the government has not determined whether a curfew will be imposed.
LIMA, Peru — A judge ordered ousted Peruvian President Pedro Castillo to remain in custody on Tuesday, denying his appeal as authorities build a rebellion case against him. The judge said evidence suggests Castillo was intercepted as he tried to reach the Mexican embassy to seek asylum. He was taken into custody shortly after he was ousted by lawmakers when he sought to dissolve Congress ahead of an impeachment vote. Regional governments have also refused to recognize her as Peru’s president. Peru’s prime minister, Pedro Angulo, in a statement rejected the four governments’ position, which he attributed to an “ignorance of reality.”
The policy change shut the door on Venezuelan asylum seekers, many of whom previously were being paroled into the United States. We began to call relatives in the United States, in Chile and they us yes, it was true. We all lost the little that we had.”Some 900 Venezuelans have returned on charter flights from Panama since the U.S. policy change, according to Panama’s National Immigration Service. The U.S. policy change was driven by a surge in Venezuelans arriving at the U.S. border that put them second only to Mexicans this year. The program, which requires pre-registration online and that applicants have a sponsor in the United States, is similar to one set up for Ukrainians earlier this year.
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