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index-February-2007-2.html English News Blog for  Peru News blog February Archive 

Slump Snapped 6-Day Rally

By Shannon at 02/27/07 23:55

As China's stock market plunged 9 perent, the beiggest fall in a decade it sparked a global sellof in riskier assets and in particular those emerging markets such as Latin America. Because of this Lima's stock exchange ended the session 1.92 percent lower. It was the steepest drop since December.

Original source: Reuters. [404 Check: was link to http:/ / today. reuters. com/ news/ articleinvesting. aspx?view=CN&storyID=2007 -02 -27T200807Z_ 01_ N27406372_ RTRIDST_ 0_ MARKETS -PERU -STOCKS -UPDATE -3. XML&rpc=66&type=qcna, anchor: Peru stocks post sharpest fall in two months]

Open Doors and Windows Reduces Airborn Contagian

Eight hospitals hae been study and it is concluded that by opening windows and doors it provides maximum natural ventialtion and thereby lowering the risk of airborne contagion. Even at the lowest of wind speeds, natural ventilation exceeded mechanical ventilation and worked better in facilites build more than 50 years ago.

Original source: Medinda.com. Airborne Infection Less in Naturally Ventilated Rooms

Pilar Replacedby Castro

After Pilar Mazzetti resigned the position of Secretary of Interior on Friday amid a scandal a new Secretary of Interior has been appointed and Luis Alva Castro is her successor. Hopefully this appointment will end a political crises caused by Pilar.

Original source: Prensa Latina - Latin America News Agency. Peru Has New Secretary of Interior

Bush Defies Congress

A free trade agreement between the U.S. and Peru will help to fight poverty and President Bush has reaffirmed his support of this agreement which was signed with Peru last year. The Democrats in Congress are in total opposition of this agreement as analysts point out thousands of Peruvian farmers will be ruined by the FTA.

Original source: Prensa Latina - Latin America News Agency. US Will Back FTA with Peru

Attacked By Rabid Bat

Martin Moroco Turpo, 29, was reportedly attacked by a bat 15 days ago and has died after being bitten on his left ear. The unfortunate part is that he waited until just 5 days ago to go to the hospital for treatment and there was little anyone could do.

Original source: LivinginPeru.com. Rabid bat kills miner in Peru

Bush to Attend APEC Summit

In 2008 Peru will be hosting the Asia-Pacific Economic Cooperation (APEC) and President Bush has confirmed his attendance to Peru's Alan Garcia. During a 30 minute telephone call it was also discussed about promptly ratifying the proposed free trade agreement in the coming months.

Original source: LivinginPeru.com. U.S. President Bush to visit Peru in 2008

1989 Slaying Investigation Re-Opened

President Alan Garcia will try to reopen an investigation in a slaying which occurred in 1989. A reporter from The Tampa Tribune, Todd Smith, was abducted from an airfield while investigating ties between Shining Path rebels and drug traffickers.

Original source: staugustine.com. [404 Check: was link to http:/ / ap. staugustine. com/ pstories/ state/ fl/ 20070224/ 151691751. shtml, anchor: Peru's president to try to reopen investigation into slaying]

Peru Reopens 2026 Bonds

Peru reopened 2026 on the local market and sold $87.9 million at a price which was above par. The demand for the bonds was 827 million soles. The reason it sold above par was because it has been a good issue for the government.

Original source: Reuters. UPDATE 1-Peru sells 2026 local bonds above par - source

Pilar Mazzetti Resigns

Interior Minister, Pilar Mazzetti was accused of failing to get a discount for 469 new police cars. She is also under investigation for alledgedly buying almost 60 ambulances that were in very poor condition. She is the first minister to resign from the new government.

Original source: HeraldTribune/Americas. Peru's interior minister resigns amid probe into purchase of patrol cars