DIRS.INFO The most relevant business & tech news

☆ Peru's Toledo returns home to join two other former heads of state in jail
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +2 min

[1/2] Peru's former President Alejandro Toledo walks with others after his arrival at the airport following his extradition to Peru, in Callao, Peru April 23, 2023. Toledo, president between 2001 and 2006, turned himself in on Friday for extradition. They have requested a 20-year prison sentence. Toledo, an economist by profession and with a doctorate from Stanford University in the United States, became the second former Peruvian president to be extradited. Fujimori was extradited from Chile and is serving a 25-year prison sentence for human rights abuses.

☆ Two Former Peruvian Leaders Share the Same Jail. Another May Soon Join Them.
▼ + stars: | 2023-04-21 | by ( Bianca Padró Ocasio | ) www.nytimes.com time to read: +1 min

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.

☆ Andes Turmoil Rattles Governments, Spurs Migration to U.S.
▼ + stars: | 2023-04-20 | by ( Ryan Dube | ) www.wsj.com time to read: 1 min

LIMA, Peru—Mounting violent crime and political upheaval are buffeting Andean countries in South America that had recently been stable, threatening fragile governments and prompting hundreds of thousands to flee north to the U.S. In Ecuador, President Guillermo Lasso faces an impeachment vote in May as drug-related homicides have risen. Bolivia has run out of dollars, its government hobbled by tumbling natural-gas exports. Peru’s economy has contracted sharply since President Pedro Castillo was removed from office in December, sparking violent protests. Colombian drug gangs run rampant in some rural regions, even as the former guerrilla who leads the government, Gustavo Petro , embarks on peace negotiations with them.

☆ Peru set to jail third ex-president as Toledo awaits extradition from U.S.
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +2 min

Peru's Justice Minister Jose Tello said on Wednesday night that a California court judge had ordered Toledo to turn himself in on Friday to the U.S. Marshals Service and await extradition after his request for bail was revoked. "Sooner rather than later, Toledo will answer to Peruvian justice," Tello told television station Canal N, adding that his extradition should take place in a "matter of days". The Peruvian minister said 77-year-old Toledo is expected to be held while he awaits trial in a jail complex in the outskirts of Lima that was built to hold former president Alberto Fujimori. Toledo was arrested in the U.S. in July 2019 following a formal request by Peru for his extradition.

☆ Mexican president criticizes Trump felony charges
▼ + stars: | 2023-04-05 | by ( Brendan O'Boyle | ) www.reuters.com time to read: +2 min

MEXICO CITY, April 5 (Reuters) - Mexican President Andres Manuel Lopez Obrador on Wednesday said he does not agree with the criminal charges brought against former U.S. President Donald Trump. "Supposedly legal issues should not be used for electoral, political purposes," Lopez Obrador told a regular news conference. Trump, the first sitting or former U.S. president to face criminal charges, pleaded not guilty. "It should be the people who decide," said Lopez Obrador, who said he could not say whether Trump was guilty or not. Lopez Obrador went on to lose the 2006 and 2012 presidential election - results he did not accept, alleging massive voter fraud.

☆ Peru prosecutors probe president, ex-president for alleged money laundering
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +1 min

LIMA, March 28 (Reuters) - Peruvian prosecutors are investigating President Dina Boluarte and former president Pedro Castillo for allegedly laundering money as part of a criminal organization, the attorney general's office said on Twitter on Tuesday. The probe into the alleged crimes by Boluarte and Castillo is part of an ongoing investigation into alleged campaign finance crimes committed during Peru's 2021 presidential race. Castillo was removed from office in December after attempting to dissolve Congress before an impeachment vote. Boluarte over the weekend denied receiving illegal campaign contributions and said corruption accusations were a "political maneuver" seeking to undermine her government. Boluarte is also currently under investigation for her alleged role in the deaths of protesters killed in clashes with security forces in the months after she took office.

☆ In Peru, Protests Reveal Deep Social Divide
▼ + stars: | 2023-03-23 | by ( Ryan Dube | ) www.wsj.com time to read: 1 min

ANDAHUAYLAS, Peru—The ouster of leftist President Pedro Castillo in December sparked a wave of violent protests in this poor and largely indigenous region, revealing deep frustrations in the rural highlands where many people feel they have been long overlooked by the country’s political class. Three months later, the ire shows little signs of abating in tiny Andean villages and small cities like Andahuaylas, a bastion of Peru’s far-left, rural politics and a cradle of rebellion going back centuries.

☆ 'I lost everything': Cyclone Yaku unleashes destruction in Peru
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +1 min

[1/6] View of damaged houses in the aftermath of the Moche river overflowing due to torrential rains caused by Cyclone Yaku, in Trujillo, Peru, March 13, 2023. REUTERS/Randy ReyesLIMA, March 13 (Reuters) - Powerful Cyclone Yaku has unleashed torrents of rain on Peru's northern region in recent days, burying homes and cars in mud and leading to the deaths of at least six people. In the northern coastal towns of Trujillo and Lambayeque, residents waded through knee-high water and cars crawled through inundated streets. "It reached us, we have lost everything, I lost everything. The cyclone is the latest crisis hitting Peru, where anti-government protests have rocked the country since Congress removed former President Pedro Castillo from power in December.

☆ Cyclone in Peru causes major flooding, at least six dead
▼ + stars: | 2023-03-12 | by ( ) www.reuters.com time to read: +1 min

The government has declared a state of emergency as it seeks to bring relief to regions of Peru hard hit by the cyclone known as Yaku, which include Lambayeque, Piura and Tumbes. Early on Friday, the National Institute of Civil Defense (INDECI) said flooding caused by Yaku had claimed six lives. [1/5] Machinery is used to repair a bridge destroyed by rains and floods caused by direct influence of Cyclone Yaku, in Piura, Peru March 11, 2023. Peru has been riven by instability and anti-government protests over the past few months since Congress removed former President Pedro Castillo from power in December. His replacement, President Dina Boluarte, visited parts of northern Peru on Saturday as the government delivered humanitarian aid to areas badly hit by the cyclone.

☆ In Peru's Andes, scars of protest deaths cut deep as families seek justice
▼ + stars: | 2023-03-11 | by ( Alexander Villegas | ) www.reuters.com time to read: +5 min

[1/5] Relatives mourn victims during a mass after the deadliest clashes in anti-government protests against Peru's President Dina Boluarte, in Juliaca, Peru February 9, 2023. Brayan died of his wounds three days later on Jan. 12 in hospital after surgeons tried to clear a blockage in the brain. For Peru I'm willing to fight. Boluarte has said there will be no "impunity" when it comes to protest deaths, but families say they've seen little progress. Our dead aren't worth anything," said Dionisio Aroquipa, whose 17-year old daughter, Jhamlith Nataly, died on Jan 9.

☆ Peru court doubles detention time for ex-President Castillo
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +2 min

March 9 (Reuters) - A judge in Peru extended ex-President Pedro Castillo's pre-trial detention term to 36 months, up from 18 months, on Thursday, following the former leader's ouster and jailing for illegally attempting to dissolve Congress in December. The three-year detention ruling is related to accusations of organized crime, influence peddling and being an accomplice to collusion committed during Castillo's turbulent 17-month stint in office. "I emphatically, and categorically, deny being the leader or part of a criminal network," Castillo said in a virtual hearing. The court also handed down three years of pre-trial detention to Juan Silva, Castillo's former transportation minister, who has been on the run since last year. Castillo's former housing minister, Geiner Alvarado, who also served as transportation chief after Silva's exit, will remain free for the moment, the court ruled.

☆ Peru announces $9 bln injection to boost economy amid protests
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

Private investment in Peru fell 0.5% last year, while it posted a 37.4% growth in 2021, according to economy ministry data. "The goal is for private investment to increase 3% this year," Contreras told the conference. Peru's economic growth stood at 2.68% at the end of 2022, a steep decline from the 13.61% climb recorded the year before. The International Monetary Fund (IMF) recommended Peru earlier in February to implement "targeted, temporary" fiscal stimulus given the slump in economic activity. Protests in Peru sparked after the ousting of Castillo, with demonstrators asking for President Dina Boluarte's resignation, the closure of Congress, a new Constitution and early elections.

☆ Mexico to maintain its diplomats despite Peru pulling its ambassador
▼ + stars: | 2023-02-25 | by ( ) www.reuters.com time to read: +2 min

[1/2] Mexico's President Andres Manuel Lopez Obrador speaks during a news conference at the Old City Hall (Antiguo Palacio del Ayuntamiento), in Mexico City, Mexico January 20, 2023. REUTERS/Henry Romero/MEXICO CITY, Feb 25 (Reuters) - Mexico's foreign ministry said on Saturday the country will maintain its diplomatic and consular representation in Peru and vowed to keep communication channels open, while regretting Peru's decision to remove its ambassador from Mexico. Peru's newly installed President Dina Boluarte announced on Friday the withdrawal of the country's ambassador in Mexico, Manuel Gerardo Talavera, in response to comments from her Mexican counterpart branding her government as unconstitutional. In addition, the conservatives of Peru, which are a minority, violated the constitution," Lopez Obrador said. In a television address, Boluarte said the statements made on Friday by Lopez Obrador "violate the principle of international law about non-interference in internal affairs."

☆ Peru president announces return of ambassador from Mexico
▼ + stars: | 2023-02-25 | by ( ) www.reuters.com time to read: +1 min

LIMA, Feb 24 (Reuters) - Peru's President Dina Boluarte announced on Friday the return of the country's ambassador in Mexico in response to comments from her Mexican counterpart branding her government as unconstitutional. Boluarte said the remarks made earlier on Friday by Mexican President Andres Manuel Lopez Obrador about her administration go against the international right to non-interference. Boluarte accused Lopez Obrador of backing Castillo's attempt at a "coup d'etat." Lopez Obrador told a news conference on Friday that Mexico will keep supporting Castillo, as he was "illegally ousted." Boluarte's remarks come after a meeting between Lopez Obrador and Castillo's wife, Lilia Paredes, in Mexico earlier this week.

☆ Peru Congress moves to allow corruption charge of ex-President Castillo
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +1 min

LIMA, Feb 17 (Reuters) - Peru's Congress passed a constitutional complaint on Friday against ousted former President Pedro Castillo for alleged corruption, a step towards a formal judicial charge. Castillo has been held in pre-trial detention in Lima since his abrupt Dec. 7 ouster and arrest after he tried to illegally shutter Congress to avoid impeachment over the corruption accusations, which he denies. Friday's complaint allows Attorney General Patricia Benavides to formally accuse Castillo before Peru's judiciary. During the congressional debate, Castillo, via his lawyer Eduardo Pachas, declined to present a defense, saying that he wanted to participate in person. Pachas only reiterated Castillo's denial of corruption and denial of the charge that he belonged to a criminal organization.

LIMA, Feb 16 (Reuters) - Peru's top copper mines are starting to see activity hit harder by protests and blockades in the country's southern Andes, power data reviewed by Reuters shows, with Chinese-owned Las Bambas and Glencore PLC's Antapaccay currently worst affected. Those are MMG's (1208.HK) Las Bambas, Peru's third largest copper mine, and Glencore's (GLEN.L) Antapaccay, which have both been hit by blockades on a key mining corridor highway. The data backs this up, suggesting that mines are at times getting some supplies through the blockades, with Las Bambas in recent days see-sawing between full and half power use. Reuters GraphicsRepresentatives from Las Bambas, Antapaccay and Constancia were not immediately available to comment on whether they were receiving inputs for their operations or sending their concentrates in the two-day window with the blockades eased. "Anecdotal reports and high frequency data suggest that ongoing civil unrest in Peru is beginning to choke off activity at key copper mines.

☆ Machu Picchu reopens to tourists after closure over civil unrest
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +2 min

CUSCO, Peru, Feb 15 (Reuters) - The Incan citadel of Machu Picchu, one of South America's biggest tourist draws, reopened to visitors in Peru on Wednesday after several weeks of closure due to civil unrest. Although the protests and road blockades, which have been focused in the south of Peru, are ongoing, there has been a relative calm in recent days. The mountain citadel of Machu Picchu was built in the 15th century, probably for an Incan emperor. It was abandoned around the time of the Spanish conquest and rediscovered in 1911 by American explorer Hiram Bingham. Reporting by Carlos Valdez and Liamar Ramos; Writing by Rosalba O'Brien; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

☆ Peru's Boluarte vows to crush 'narcoterrorism' after deadly police ambush
▼ + stars: | 2023-02-13 | by ( ) www.reuters.com time to read: +2 min

[1/6] Police officers carry flag-draped coffins during a ceremony to honor their seven fellow troopers gunned down during an ambush last Saturday, in Lima, Peru February 13, 2023. "My government has ordered a frontal fight against this alliance of terrorism and drug-trafficking in the VRAEM and throughout the nation's territory," Boluarte said at the funeral. After Colombia, Peru is the world's largest producer of coca leaf and cocaine, according to U.N. estimates. Boluarte - herself under investigation for protest deaths - called for peace and said her government would continue to work on the "wellbeing of the population." Reporting by Marco Aquino; Writing by Sarah Morland; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

It is the worst violence in Peru in two decades and threatens to destabilize one of region's most reliable economies. Armas' comments come a day after the central bank maintained its benchmark interest rate at 7.75%, making it the first time since the second half of 2021 that the bank did not hike its rate. On Thursday, the International Monetary Fund called inflation Peru's most immediate policy challenge, in a statement following a staff visit to the country. Armas highlighted that inflation was seen to be on a "downward" trend, with January's figures slightly better than expected. The bank now forecasts inflation for early 2024 to reach 4.62%, above the previous forecast of 4.3%.

☆ Peruvians march in southern Juliaca to mourn 19 protest dead
▼ + stars: | 2023-02-09 | by ( Alexander Villegas | ) www.reuters.com time to read: +4 min

JULIACA, Peru, Feb 9 (Reuters) - Thousands of demonstrators marched through Peru's southern city of Juliaca on Thursday to commemorate the one-month anniversary of clashes that left 19 people dead in the city, the worst violence in over two months of anti-government protests. Clashes on Jan. 9 left 18 dead, including one police officer. On Thursday, as families mourned the dead, some protesters in other cities joined calls for a wider national strike. "The Puno region really came out in support, we're not one, we're many," said Ruth Meza, who said her classmate Elmer Solano was killed in the Juliaca clashes. MASS FOR PROTEST DEAD[1/5] Relatives mourn victims one month after the deadliest clashes in anti-government protests against Peru's President Dina Boluarte, in Juliaca, Peru February 9, 2023.

The analysis of power usage data by Reuters at some of the key mines in Peru, the world's no. The South American nation has been gripped by anti-government protests since the Dec. 7 ouster of leftist President Pedro Castillo. The power data from COES, which represents firms in Peru's energy sector, shows that nearly all major mines are drawing normal or near-normal levels of electricity. A combined index of six key mines is near normal. The other firms did not immediately respond to requests for comment about activity at their mines in Peru.

☆ In Peru’s Andes, anger hardens as fast election hopes fade
▼ + stars: | 2023-02-07 | by ( Alexander Villegas | ) www.reuters.com time to read: +3 min

Congress has rejected multiple bills for early elections, a key demand by protesters, including shelving a proposal by President Dina Boluarte on Friday. It is the worst violence in Peru in two decades, and threatens to destabilize one of region's most reliable economies. Adelma Quispe, a protestor in the southern town of Ayavire, said protests would have calmed down if there had been an agreement on snap elections. Zamata, Quispe and others say they have collected money to send people to protest in Lima, but are dedicated to maintaining blockades in their towns. Throughout the region, protesters said they can survive on local crops and livestock, and outlast the capital until their demands are met.

☆ At least 15 dead from Peru landslide, president pledges to speed help
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +2 min

[1/2] An aerial view shows people watching near a landslide caused by a heavy rains, in Arequipa, Peru February 6, 2023. Another 20 people were injured after the landslide struck on Sunday near the riverside town of Secocha, about 125 miles (200 km) northwest of the city of Arequipia. Along with local officials, Boluarte posed for pictures in front of piles of supplies set for distribution. The deadly landslide follows two months of intense political upheaval in the country marked by often violent anti-government protests aimed at Boluarte's caretaker government. The unrest is largely centered in nearby areas in Peru's Andean south and was triggered by the early December ouster of former President Pedro Castillo.

☆ At least 8 dead in southern Peru landslide, more missing
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +1 min

Feb 6 (Reuters) - A landslide triggered by strong rains in Peru killed at least eight people in the country's southern Arequipa region, national emergency services said on Monday. Officials said another five people are missing after the landslide struck near the town of Secocha, located in Camana province, following last week's heavy rainfall in the area. [1/2] An aerial view shows an area affected by a landslide caused by a heavy rains, in Arequipa, Peru February 6, 2023. REUTERS/Oswaldo Charcas 1 2Peru's national emergency center COEN said search and rescue efforts are ongoing. The deadly landslide follows nearly two months of anti-government protests in the South American country, largely centered in Peru's Andean south, after the Dec. 7 removal of former President Pedro Castillo.

LIMA, Feb 4 (Reuters) - As deadly protests rage across Peru, a political battle is unfolding inside the halls of Congress, walled off from the streets by hundreds of police, armored vehicles and a maze of gates. Despite the violence, and despite polls that show the majority of Peruvians want the election brought forward, Congress appears to be in deadlock. Reuters spent the last week inside the 130-seat Congress in capital Lima, talking to lawmakers to ask why Peruvian politics seems to be in such a mess. "There is little agreement within political parties as to what to do," said Peruvian political analyst Andrea Moncada. "If we have elections in a year or by some miracle by the end of this year, the parties registered to participate are the same ones that are in Congress right now."

Search resuls for: "Pedro Castillo"

25 mentions found