Thursday, July 22, 2004

UPDATED: Managing the Rainforest, Kuczynski to DC, Costly Congress

Managing the Rainforest: The Economist reports on the pressures of wealthier countries and their (citizens) interest in the fate of the world's rainforests. The magazine suggests that they "should put its money where its mouth is. Peru, for example, offers 'conservation concessions' to groups with the means and know-how to manage forest rich areas."

Mr Kuczynski Goes to Washington: Dow Jones reports that Minister of Economy and Finance Pedro-Pablo Kuczynski "is traveling to New York and Washington for meetings Thursday and Friday with officials." Kuczynski will meet with "officials of the International Monetary Fund, the Inter-American Development Bank and the U.S. Treasury Department."

Most Expensive Congress: Latinamerica Press reports that Peru's Congress "continues to be the most expensive legislature in the Andean region," according to the study "Citizen’s Eye in the Congress" of the Consortium Democratic Society (CONSODE). NOTE: "Although the 2004 budget of Peru’s Congress was reduced by 9%, ... the budget of the one-chamber Congress surpasses US$101 million and most of its spending is on salaries, purchases of goods and services and other non-recoverable costs. Only 1% was used last year for capital and investments to improve infrastructure and services."

Peru(vian) Beats Spain(ish): Reuters has several photographs of a goateed Luis Horna defeating Albert Costa 4-6, 7-6, 6-4, at the Generali Open in Kitzbuehel, Austria. SEE ALSO: 'Peru(vian) Defeats Colombia(n)' in yesterdays Peruvia. The BBC notes that Horna will meet Gaston Gaudio in the quarter finals.

FIFA Finale: Xinhua Net reports that Joseph Blatter, President of the International Soccer Federation, will be present during this Sunday's Copa America final match in Lima. NOTE: "Blatter will arrive Friday in Lima and pay an official visit to Peruvian President Alejandro Toledo in the afternoon."

More Electricity: Siemens Westinghouse announced in a press release that they "signed a contract with Etevensa to convert one combustion turbine from a simple cycle to a 1x1 combined cycle in order to provide more efficient electricity generation for Peru. ... The combined value of the contracts total more than $200m and completion of the combined cycle conversion project is scheduled for May 2006." NOTE: Their turbines "were recently modified in preparation for the conversion to natural gas operation, which will begin in August 2004 with the arrival of Camisea Gas to the site."

MINING I: Aguila American Resources announced in a press release that they have "the receipt of good title to the 900 hectare exploration claim as an integral part of its Angostura project in South Eastern Peru. This property, known as Angostrura II, was ruled by the Mine Registry office in Lima, Peru as having simultaneous staking with more than 6 legal claims filed for ownership. "

MINING II: Ventura Gold Corp. and International Minerals Corp. announced in a press release that they have "signed a letter agreement for Ventura to option IMC's 100% held Vetaspata gold project in southern Peru, approximately 160 kilometres northeast of Juliaca in the province of Puno. The project area comprises 12 mining concessions totalling approximately 41 square kilometres, which are held by IMC's 100% Peruvian subsidiary, Minera Oro Vega."
(Earlier Edition)
Nuevo Continente? The Associated Press, the BBC and Reuters report on the rebirth of Aero Continente as Nuevo Continente. The AP and BBC uses only government sources, quoting Ministry of Transportation Jose Ortiz: "that the company has transferred 100% of its capital to the company's 1,500 managers, employees, flight crews and workers." Reuters uses only airline sources and says that "the airline has been sold to its staff and will resume flights on July 23 under the name Nuevo Continente," according to its new president Miguel Halabi who said "the deal to transfer ownership of Peru's biggest airline was worth 'a nominal 12 million soles ($3.5 million) ... obviously the company is worth much more'. Halabi said a new '100%' insurance deal was in place with British reinsurance company Houlder." NOTE: "A U.S. official in Lima, who asked not to be named, said the 'kingpin' act had provisions for targeted companies that sought to evade the sanctions. "I don't think it will affect it at all," he said. ALSO: An earlier Reuters story is pegged not on Miguel Halabi but airline spokesperson Gonzalo Iwasaki. The Miami Herald (last item) uses an abbreviated version of the AP story.

War of the Pacific, cont.: Dow Jones and the UPI report on Minister of Foreign Relations Manuel Rodriguez' press conference yesterday in which he declared that "Bolivia has expressed interest in signing a letter of intent that would make Peru the route for any of its natural gas exports." NOTE: "A route through Chile would be shorter, but public opinion in much of Bolivia has been strongly opposed to the Chilean route since Bolivia lost its coastline on the Pacific Ocean in a late 19th century war with Chile." However, "at the same press conference, Peruvian Energy and Mines Minister Jaime Quijandria said that it was still premature to discuss concrete measures that Peru and Bolivia could take." ALSO: The Miami Herald offers an opinion piece on Bolivia by Marifeli Pérez-Stable, a professor at Florida International University.

Mr Garcia Goes to Washington: An APRA-related press release and yesterday's Washington Times (see last item) note that Alan Garcia will give a press conference at the Washington DC Press Club at Noon today. (See the Club's calendar as well.) NOTE: "The main theme of the conference will concentrate on Peru's political situation and the treaty of free commerce between Peru and USA." ALSO: "President Garcia will stop in Washington DC on his way to attend the Democratic Party National Convention." SEE ALSO: 'Mr Garcia Goes to Washington' in yesterday's Peruvia.

Trans-Amazon Highway: Xinhua Net's reports that the Peruvian Foreign Ministry announced in a communique that the presidents of Peru, Bolivia and Brazil will hold a summit in August to advance the integration of common borders of the three countries ... and will also examine the project of the "Transversal Integration Highway", which connects southwestern Peru with Brazilian states of Acre and Rondonia." Note: As part of the summit agenda, a bridge over the River Acre between Peru and Bolivia will be inaugurated along with the projects linking the Peruvian locality of Itapari with Brazil's Assis as part of the inter-oceanic highway linking the Pacific with the Atlantic." Editorial Note: It is likely that they are referring to Iñapari and not Itapari. SEE ALSO: 'TransOceanic Highway' in April 4's Peruvia and this June 2003 National Geographic article.

Beer Wars, cont.: The United Press International offers a long piece with plenty of history on "the fallout from a bitter million-dollar battle between Peruvian beer interests and those of Colombian and even Venezuelan producers. NOTE: "There are literally hundreds of millions of dollars at stake. ... All of this began with the desires of the Colombian brewery Bavaria to enter into the Peruvian market in the same way that it has done in Ecuador and Panama." ALSO: "Backus & Johnston ended up with a near monopoly over the Peruvian beer market. Since 1996, it had bought up three other companies -- the National Beer Co., the Northern Brewery and the Beer Society of Trujillo. ... the three families that owned Backus & Johnston -- Brescia, Bentín, and Romero -- had made a private pact not to sell their shares in the company in order to avoid the entry of new capitalists into the business." SEE ALSO: 'Beer Wars' in July 13's Peruvia.

Autori Keeps Job: Reuters and Xinhua Net report that "Paulo Autuori will remain as Peru coach despite their disappointing quarter-finals exit from the Copa America," according to Manuel Burga, the head of Peru's football federation. "Autuori's tactic of fielding just one striker for the match was criticised by sports commentators." Said Burga, "We've got to carry on (with Autuori) because we've still got a long way to go and a difficult road ahead in the (2006 World Cup) qualifiers." NOTE: "Peru have not been to a World Cup finals since 1982."

It's Arg v. Bra: The Miami Herald (again written by the BBC's Hannah Hennessy), Reuters, Sporting Life, and a wire story in the Washington Post report that "Brazil reached the final of the Copa America for the first time since 1999, beating Uruguay, 5-3, on penalty kicks following a 1-1 tie last night in Lima." ALSO: The Associated Press reports that "angry Costa Rica players are arriving home in portions from the Copa America quarter-finals because their national federation made travel plans expecting them to fall in the first round."

Russian Beats Peruvian: Agence France Press notes that Russian Elena Likhotseva beat Peruvian qualifier Vilmarie Castellvi 6-3, 6-2 in a first-round clash WTA Tour hardcourt tournament at the Home Depot Center.

Cajamarca Mining: Reuters reports that the Shahuindo gold deposit in Cajamarmca, "one of several new projects springing up in the country's booming mining industry, has economically viable reserves of 340,000 fine ounces and could start production in 2005," according to ATIMMSA's general manager Belisario Esteves. NOTE: "But Lima-based ATIMMSA will first have to clear up an ownership dispute with miner Sulliden Shahuindo, a unit of Canada's Sulliden Exploration which also claims the land where the deposit is located in northeastern Peru."

Telefonica Pricing: The United Press International reports that Telefonica "will appeal an order forcing it to lower its landline rates 10.07% annually through 2007. The Supervising Body of Private Investment in Telecommunications, Osiptel, said Wednesday that landline telephone use charges must be reduced an average of 10.07% each year between 2004 and 2007." CITED: Juan Revilla, the general manager of Telefonica Peru. SEE ALSO: 'Yankee Says Telefonica Doesn't Charge Enough' in July 8's Peruvia.

Peruvian Food in Seattle: The Seattle Weekly runs a positive review for Raul Villalobos' new restaurant 'El Chalan.' CLAIM: Villalobos suggests that "friends and fellow Peruvians in Southern California opened what he says was the first Peruvian restaurant in America, and today those friends own 85 restaurants." SEE ALSO: The Seattle Post-Intelligencer review of the restaurant from January of this year.

Global Soda: The Miami Herald has a feature story on 'Tropical Pop' on soda/pop from other countries that quickly mentions 'Inca Kola' and you have to make it to the fifth of five slides to see an Inca displayed. SEE ALSO: 'Inca Kola: Still #1' in May 15's Peruvia.

Priest Killed: The Associated Press and the Miami Herald (second item) report on the murder of the Rev. Juan Julio Fernandez Suliduz, a Peruvian priest from Chiclayo, "who was assigned to a suburban parish [in Puerto Rico] and reportedly did charity work in poor communities. One 22-year-old suspect, a Dominican citizen, told detectives he killed the Fernandez after the Roman Catholic priest made unwanted sexual advances." The Associated Press offers a photograph of the priest and a photograph of the chapel where he served.

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