Tuesday, April 15, 2008
TODAY'S HIGHLIGHTS:
YALE HOLDING MORE INCA ITEMS: "COUNTING IS COMPLICATED"
Macro
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- Dow Jones reports that China may soon become Peru's largest trading partner
- The Times (UK) reviews Aqua Expeditions' luxury accommodations on the Amazon
- The Wall Street Journal reviews Pacifika's 'Asunción'
YALE HOLDING MORE INCA ITEMS: "COUNTING IS COMPLICATED"
- Yale says counting method explains Peruvian artifact discrepancy (Associated Press) Yale University officials said Monday that the method of counting is responsible for a discrepancy over the number of artifacts it is holding from the famed Inca citadel of Machu Picchu.
- Yale's Machu Picchu haul 10 times as big as thought (Associated Press)
- Yale University vs The Government of Peru (eNews, Alexandre Carst)
- Peru Objects to Inca Hoarding By Yale U. (eCanada)
- 1997 - Peruvian troops storm the Japanese ambassador's mansion in Lima, Peru, and rescue 72 hostages held for four months, but one dies on the way to the hospital. All 14 Tupac Amaru rebels and two soldiers die in the shootout. (Associated Press)
- 1988 - State of emergency is extended two additional months in Lima, Peru, to fight rising violence by leftist guerrillas (Associated Press)
- Summit Homepage
- Latin America-Caribbean and European Union Summit in Peru in May (OAS press release)
- Peru President Commends Chavez' Visit (Prensa Latina, Cuba) "Peruvian President Alan Garcia termed very positive Venezuelan President Hugo Chavez presence at the 5th Latin American, Caribbean, European Union Summit in Peru in May."
- Peru's García: Chávez will be welcomed in Lima (El Universal, Venezuela) "When he arrives in Lima to attend the Summit of Latin American, Caribbean, and European Union heads of state next May 16-17, but conceded they have political and ideological differences."
Macro
- With US Economy Slumping, Peru Looks To China As A Market (Dow Jones) "Peru worked tirelessly for more than three years to secure a free trade agreement with the United States. But during that time, as the U.S. economy's downturn translated into a slump in Peruvian exports to the U.S., another contender has been clawing its way to the top of Peru's trade partner list: China. Last year, China became Peru's second-largest trade partner after the U.S. Bilateral trade between Peru and China totaled some $5.5 billion in 2007 - $3.04 billion of that in exports to China - a 43% export increase over the year before, according to the Foreign Trade and Tourism Ministry. If trade with China "continues at this pace, and the United States' (trade) rate keeps dropping, in four or five years, China will become Peru's top trade partner," Luis Silva, president of the national exporters association, told Dow Jones Newswires."
- India's trade with Latin America is growing (Latin Business Chronicle) "Trade with countries like Brazil and Chile is growing above 30 percent and in the case of Peru it almost doubled last year."
- Peru Has Lowest Inflation (Latin Business Chronicle) "In 2009 it will be Peru that can boast the lowest inflation - 2.5%. That follows inflation of 4.2 percent in 2008 and 1.8 percent in 2007 (the lowest last year)."
- Greenback Sets 12-day High Against Peru's Nuevo Sol (RTT News)
- Peruvian unions announce strike for May (BNAmericas)
- Doe Run Peru says strike has cut output 25% (Reuters, Maria Luisa Palomino)
- Compania de Minas Buenaventura's 1st Quarter Conference Call May 2 11am, EST (press release) Live over internet
- Andean Countries Discuss Trade in Bolivia (Prensa Latina, Cuba) "At least 60 businesspeople from CAN (the Andean Community of Nations) are consolidating cooperation agreements and access to new markets during the first trade fair of the bloc, running as of Sunday for five days in La Paz."
- Tourism booms amid concerns in Peru (Associated Press, Leslie Joseph) "Relative peace and a booming economy draw boutique travelers to the Andean terrain and ancient ruins that were previously the domain of brave, budget-conscious backpackers." with 5 accompanying photographs
- Cruising up the Amazon in Peru (The Times, UK, Paul Croughton) "A new luxury cruise takes you to parts of the world’s mightiest river others cannot reach." See related Aqua Expeditions 'Luxury Amazon Voyages' with 'Master Suites' and online deck plan
- TravelMole’s Silvia Gracia travels around Peru in 13 Days (TravelMole)
- New Hotel: Radisson Hotel San Isidro Opening (Carlson Hotels press release) "The Radisson Hotel San Isidro offers the Zen Restaurant and is close to a variety of public transportation options including buses, minibuses and taxi service." Editorial Comment: Minibuses?
- REVIEW: Pacifika's 'Asunción' (Wall Street Journal, Jim Fusilli) "Vancouver may not bring to mind Latin pop, but the city is home to Pacifika, a trio whose debut album, "Asunción" (Six Degrees), is for the most part a charming collection of gently swaying yet insistent music with its roots in the southern part of the hemisphere." Watch one of their videos here.
- As other staples soar, potatoes break new ground (Reuters, Terry Wade) Feature story accompanied by 5 photographs; "The shocks to the food supply are very real and that means we could potentially be moving into a reality where there is not enough food to feed the world," said Pamela Anderson, director of the International Potato Center in Lima."
- Factbox: Facts about the potato, a resurgent supercrop (Reuters) #1: "To boost demand, Peru's government has started to serve bread made from potato flour in its schools, hospitals, prisons and to members of its armed forces." #5: "The potato is the obvious inspiration behind the classic Mr. Potato Head toy."
- Peruvian woman arrested in Argentina with cocaine attached to baby (Deutshe Press Agentur)
- Luis Horna (Peru) was defeated by Mischa Zverev (Germany) 6-3, 6-7 (5), 6-4 at the Valencia Open (Canadian Press)
- Vargas Ready For Roma Move (Goal) "The versatile Peruvian has impressed in Sicily since transferring from Argentine club Colón in 2006, so much so that Roma reportedly made a ₤3 million bid for his services before the start of the current season."
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