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Peru

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  • DIARY - Top Economic Events to Nov 12 Wednesday, 29 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen gives welcome remarks before the "National Summit on Diversity in the Economics Profession" conference hosted by the Federal Reserve- 1300 GMT. WASHINGTON- Exploring New Approaches to Trade, Investment and Jobs Conference. Commerce Secretary Penny Pritzker, Canadian Trade Minister Ed Fast and Mexico Economy...

  • LIMA, Oct 27- Maple Energy Plc said on Monday that it expected to seal the sale of a controlling stake in its Peruvian units to Grana y Montero and Alcogroup soon, rebutting media reports the agreement had collapsed. Maple Energy's shares fell 9 percent on the Lima bourse and 8 percent in London earlier on Monday following local media reports it had rejected Grana y...

  • Crews begin demolition of Packard plant in Detroit Friday, 17 Oct 2014 | 12:35 PM ET

    DETROIT— Demolition started Friday on a section of the massive and crumbling Detroit Packard auto factory complex— a symbol of the city's blight and past manufacturing glory. Peruvian developer Fernando Palazuelo bought the 40- acre site last year for $405,000 at a Wayne County tax foreclosure auction. Palazuelo told The Associated Press in June that the...

  • Secretary of State John Kerry told him on Oct. 8 that the world's second biggest greenhouse gas emitter behind China may announce a major injection of money into the Green Climate Fund created by the United Nations. "He says that the U.S. is considering seriously to make a significant announcement even before the Lima conference, probably next month," Gutierrez...

  • WASHINGTON, Oct 10- The United States may make a major contribution to a fund in November that would help poor countries prepare for and combat climate change, said the foreign minister of Peru, the country hosting a crucial round of climate negotiations in December. Secretary of State John Kerry told him on Oct. 8 that the world's second biggest greenhouse gas...

  • WASHINGTON, Oct 9- A fall in mineral prices will prevent Peru's economy from growing much more than 3 percent this year, Peruvian Finance Minister Alonso Segura said on Thursday. A slowdown in China's economy is weighing on demand for Peru's exports of copper and other metals. "I think it might be closer to 3 at this point," he said in an interview with Reuters on the...

  • LIMA, Sept 30- Maple Energy Plc dropped 30.53 percent on Tuesday in Lima following its announcement that talks about possibly selling the company ended without a deal.

  • CARACAS, Sept 16- Buses across jungle borders, boats through Caribbean waters and private flights from small airfields have become a new norm for departing Venezuela as a multi-billion dollar pay dispute turns the country into something of a' no-fly' zone.

  • LIMA, June 25- A federal judge in Lima has ordered a regional president detained for 14 months while prosecutors prepare corruption charges against the official, who is the main opponent of Newmont Mining's $5 billion stalled Conga gold project.

  • BONN, Germany, June 15- The use of carbon markets to curb rising greenhouse gas emissions was dealt a blow on Sunday after two weeks of United Nations talks on designing and reforming the mechanisms ended in deadlock. "It is disappointing we didn't move forward," said Elina Bardram, an official at the European Commission representing the 28 EU nations at the talks.

  • LATAM Airlines threatened by strike on eve of World Cup Wednesday, 4 Jun 2014 | 12:49 PM ET

    SANTIAGO/ LIMA, June 4- Maintenance workers for LATAM Airlines have threatened to delay or cancel flights throughout South America in support of a strike by Peruvian colleagues in the days ahead of the World Cup.

  • LIMA, May 27- The China National Petroleum Corporation expects to invest at least $2 billion in Peru over the next 10 years, after having recently bought Petrobras' assets in the country, a top CNPC executive told Reuters on Tuesday.

  • LIMA, May 27- The China National Petroleum Corporation expects to invest at least $2 billion in Peru over the next 10 years, after having recently bought Petrobras' assets in the country, a top CNPC executive told Reuters on Tuesday.

  • Brazil court opens Petrobras bank records to police Thursday, 8 May 2014 | 10:45 PM ET

    SAO PAULO, May 8- A Brazilian federal court on Thursday gave police access to bank records of Brazil's state-run oil company Petroleo Brasileiro SA in a widening money laundering probe focused on refineries in Brazil and the United States.

  • DIARY - Emerging Markets Economic Events to May 22 Thursday, 8 May 2014 | 8:02 PM ET

    May 9- For other related diaries, please. SEOUL- Bank of Korea holds Monetary Policy Committee Meeting- 0100 GMT. Treasury Secretary Jack Lew visits China.

  • DIARY - Emerging Markets Economic Events to May 20 Wednesday, 7 May 2014 | 8:02 PM ET

    May 8- For other related diaries, please. for emerging market economic indicator release dates and forecasts. BERLIN- WDR Europa Forum 2014 on topic "What kind of Europe do we want?

  • DIARY - Emerging Markets Economic Events to May 16 Tuesday, 6 May 2014 | 8:02 PM ET

    May 7- For other related diaries, please. ABUJA- World Economic Forum on Africa will be held in Abuja. RABAT- International Monetary Fund Managing Director Christine Lagarde visits Morocco.

  • DIARY - Emerging Markets Economic Events to May 15 Sunday, 4 May 2014 | 8:02 PM ET

    May 5- For other related diaries, please. KAMPALA- Central Bank of Uganda announces Monetary Policy Statement. PARIS- Organisation for Economic Co-operation and Development Forum 2014.

  • Mark Mobius, Templeton Emerging Markets Group, discusses why he thinks there are investment opportunities in Brazil, and why he expects to hear a lot of "bad news" about China but still sees profit opportunities in private companies there.

  • How Fed policy impacted Peru     Friday, 6 Sep 2013 | 4:45 AM ET

    Julio Velarde, governor of the Central Bank of Peru, discusses how Fed tapering fears have impacted Peru by putting pressure on the currency and why he has downgraded his GDP forecast.