Another major corruption scheme similar to the one perpetrated by Odebrecht was uncovered in Peru. According to El Comercio, OAS, a Brazilian construction construction conglomerate, illegally funneled millions of dollars to the former mayor of Lima, Susana Villaran, through a… Read More ›
Odebrecht and the government of Peru signed an agreement which will allow the Brazilian construction conglomerate to operate in the country, according to Reuters. Two sources told Reutersthat Odebrecht will have to pay an approximately US$180 million fine over 15 years and… Read More ›
The Macusani Yellowcake unit of Plateau Energy Metals said Peru could be exporting US$ 500 million worth of lithium carbonate by 2021.
President Martín Vizcarra’s administration repealed decrees signed by his predecessor granting Tullow Oil licenses to five offshore oil blocks covering 28,000 square kilometers.
Peru’s central bank left its policy rate steady at 2.75 percent, noting the fall in inflation in the last five months, declining inflation expectations and economic activity that is below potential.
The homes of Susana Villarán, the former mayor of Lima, and José Miguel Castro, her former political ally and Municipal Manager of Lima, were raided last week. The two are suspected of accepting $3 million in bribes from Odebrecht officials.
El texto y un vídeo del primer mensaje a la nación de Presidente Martín Vizcarra ante el Congreso el 23 de marzo de 2018. Discurso Señor Presidente del Congreso, representantes, amigos de todas las naciones, pueblo del Perú. Queridos hermanos… Read More ›