Peru
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Will Landers, BlackRock, explains why he believes investment prospects remain positive south of the border.
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MEXICO CITY, May 24- Latin American countries have little room to boost growth with fiscal or monetary stimulus as their economies slow and a slump in commodities prices undercuts a pillar of recent strength, top officials told Reuters this week.
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*Banking investments pouring into Colombia. BOGOTA, May 24- Colombia will remain a hot spot for foreign banks in the coming years as low credit penetration provides ample room for growth, the head of its second-biggest bank said on Friday, while he explores regional opportunities with special attention in Peru.
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May 24- Latin America should suffer just a short, sharp shock to its financial markets when the U.S.
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*Latin America seeks integration, yet divided in terms of trade. *Pacific Alliance advocates free trade, foreign investment. BOGOTA, May 23- A Latin American bloc that includes Colombia, Mexico, Peru and Chile on Thursday agreed to eliminate tariffs on most goods to promote free trade between the countries and increase exports to Asia.
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EPS 238.7 U.S. cents vs 239 Thomson Reuters forecast. *Main growth in Latin America, Africa. BRUSSELS, May 23- SABMiller, the world's second-biggest brewer, forecast margin expansion in the year ahead after profit grew in line with expectations thanks to a surge in earnings in Latin America and Africa.
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BOGOTA, May 21- Colombia's central bank board member Juan Pablo Zarate on Tuesday warned of the "gigantic" risks of guaranteeing a level for the country's currency and highlighted the importance of a floating currency to cushion against volatile capital flows.
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BOGOTA, May 21- Colombian pension funds bought about $700 million dollars on the spot market in April, immediately after the government asked them to diversify their portfolios and invest more overseas, a sign the funds would easily meet a $5 billion target over the next 12 months and help weaken the national currency.
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OSLO, May 21- Marine Harvest, the world's biggest fish farmer, may raise its $1.7 billion bid for rival Cermaq if the target company's shareholders drop plans to take over Peruvian fish feed maker Copeinca, it said on Tuesday.
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SANTIAGO, May 20- Banco de Chile, the country's leading lender, is tempering its enthusiasm for the small, export-dependent economy as it sees signs of a slowdown in demand for corporate and consumer loans, its chief executive said.
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MEXICO CITY, May 20- Mexico's banking reform will take two or three years to have an impact on credit and access to financial services, said the chairman of Mexico's largest locally-owned bank, Grupo Financiero Banorte.
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LIMA, May 15- Peru's economy grew 3.01 percent in March year-on-year, official data showed on Wednesday, the weakest monthly result since October of 2009 in what has been one of Latin America's fastest-growing economies. Peru's sol currency weakened half a percentage point on Wednesday after the figures were released.
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SANTIAGO, May 14- LATAM Airlines Group SA's first-quarter net profit skidded to $42.7 million, or nearly half of a year earlier, on foreign exchange fluctuations, a drop in cargo revenue and the grounding of its three Dreamliners, the company said on Tuesday.
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LIMA, May 8- Peru is trying to quash the ability of companies to avoid paying environmental fines by lodging judicial appeals that linger for years, part of a push to crack down on polluters in a top exporter of minerals.
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WASHINGTON, May 6- A new report on Monday credited imports with supporting 16 million U.S. jobs in a bid by business groups to improve the image of the ugly brother of trade.
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MEXICO CITY, May 6- Latin American commodity exporters have largely failed to take full advantage of surging raw material prices to boost savings and a recent deterioration in external accounts bears watching, the International Monetary Fund said on Monday.
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May 3- The lawyer who has been defending controversial plaintiffs attorney Steven Donziger in a lawsuit by Chevron Corp, filed a motion on Friday to withdraw as counsel, citing Donziger's inability to pay his legal bills.
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May 6- Gran Tierra Energy Inc:. 2013 has been revised to $424 million from $363 million. Brazil, Peru and Argentina revised to $424 million from $363 million.
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JAY, N.Y., May 5- Rebecca Hoskins poked through the debris in her flood-wrecked house: a TV here, a light fixture there.
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JAY, N.Y., May 5- Rebecca Hoskins poked through the debris in her flood-wrecked house: a TV here, a light fixture there.
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LIMA, May 4- A key Peruvian official tasked with implementing a law to give indigenous groups more rights has resigned to protest efforts by President Ollanta Humala's cabinet to roll back the law to protect mining investments.