Wednesday, April 14, 2004

EKarp is Challenged: The Associated Press reviews the emerging charges against Eliane Karp "that she squandered millions of dollars" managed by the National Commission of Andean, Amazon and Afro-Peruvian Peoples, an indigenous rights commission that she once led and which she remains "honorary president." Congressman Javier Velasquez, who "heads the legislature's investigations commission, [and] said his commission planned to summon Karp to present her side of the story.

Others are Challenged: The Associated Press has some photos of "the protest in front of the Congress building against lawmakers' high-paying salaries."

Mudslides in MPicchu, Cont: Dow Jones reports that Trade and Tourism Minister Alfredo Ferrero wants to move the town of Aguas Calientes "since it is in danger from landslides." Ferrero says it " isn't a good site for a town. It wasn't before and it isn't now. The Incas never lived in Aguas Calientes." An unsourced wire story suggests that there is an effort to "evacuate part of the population living along the Alcomayo River." Apparent conflicting messages were announced by Cuzco region President Carlos Cuaresma who said that "None of the tourists was in danger," yet he maintains that "the rains and the two landslides weakened the hills, and there is a threat of a major landslide." Antonio J. Brack Egg is quoted as "an environmentalist" who believes "trees should be planted to stop erosion on the mountain."

MPicchu gets New Rail Equipment: The Harsco Corporation put out a press release declaring they had secured a new order for railway track maintenance equipment in Peru. "Harsco Track Technologies will be constructing a narrow gauge ballast tamping machine for Ferrocarril Transandino for use on its recently expanded and improved Cusco-Machu Picchu rail line."

TransOceanic Highway, cont: BNAmericas reports that Brazil's Transport Ministry has allocated US$10 million to "pave, restore and maintain federal highways" in Acre, including the highway that leads to the Peruvian border.

Protecting the Motherland: Russia's ITAR-TASS news agency reports that Peru and Russia "signed an inter-governmental military cooperation agreement," in Lima with Russian Ambassador Anatoly Kuznetsov and Defense Minister Roberto Chiabra. "Russian aircraft will be used not only for military purposes, but also for civilian tasks such as relief works after natural disasters." See also 'War of the Pacific' in April 6's Peruvia: "The Peruvian air force is equipped with advanced Russian Mig-29s possessing 'over the horizon' combat capabilities which the Chilean air force is anxious to acquire."

Macro/Micro Econ:
- Bloomberg reports that the Overseas Private Investment Corp., a development agency of the U.S. Treasury, "may guarantee $46 million in bonds to finance loans for entrepreneurs in developing nations such as Peru."
- Reuters reports that Hayduk, Peru's biggest fish exporter, "expects its sales to jump 20 percent to around $144 million in 2004 on the back of rising fishmeal prices and increased exports of products such as fish oil." Reuters interviewed Business Director Henry Quiroz. Peru is the world's biggest producer of fishmeal.
- Dow Jones reports that Finance Minister Pedro-Pablo Kuczynski told Congress late Tuesday that a water project known as Marca II is viable, but will likely only be started in the medium-term." Also cited: Congressman Pedro Morales and the Japan Bank For International Cooperation.

- The Associated Press and Reuters report on Sporting Cristal's qualification in the Libertadores Cup despite a 2-0 loss to Brazil's Coritiba. They qualify on goal differences. Reuters offers some photos of the match. The Associated Press also has some photos.
- The USA Water Ski Association put out a press release announcing the results of the 2004 Pan American Water Ski Championships which concluded in Lima on April 11. Peru won no medals.

De Soto's Prize, cont: The Human Events magazine ("The National Conservative Weekly") continues the praise on Hernando de Soto and his Milton Friedman Prize for Advancing Liberty. The author of the opinion piece, Gene Healy is associated with the Cato Institute who bestowed the award. The same article is posted at the Cato Institute with this title: "Dangerous Minds: Hernando de Soto."

Violence in Yungay, cont: Editor and Publisher (see near end of article) reports that "the mayor of Yungay province, Amaro León León was arrested March 18 as the alleged mastermind in the murder of Radio Órbita journalist Antonio De La Torre. On April 8, the national police issued an arrest warrant for a second suspect in the Feb. 14 murder, David Julca Orrillo." See also, in 'Violence in Yungay' in February 24's Peruvia and this from the Index on Censorship.

Ch-e/i-rimoyas: California's Alameda Times-Star reviews the 'cherimoya' in their food section today, and they describe it as "an aromatic blend of pineapple, banana and papaya, creamy on the palate, with undertones of strawberry and mango." Physically, the fruite is "artichoke-green, covered with fingerprint-like depressions and shaped like a deformed avocado, the cherimoya looks like something the Flintstones might snack on."

How to Make a Park, cont: Colorado State University's Collegian publishes an opinion column by Meg Burd, a graduate student, on biodiversity that includes this line: "A national park in Peru is being threatened by fossil fuel drilling and the lasting impact of a U.S. fueled drug trade." Somehow, the author doesn't refer to Monday's Chicago Tribune story.

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