Peru
Peru removes President Boluarte as crime crisis fuels political upheaval
Peru’s Congress ousted President Dina Boluarte on October 10 in a swift, orchestrated move that revealed more about politicians’ instinct for self-preservation than any real constitutional remedy.
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World Bank nudges up Latin America growth forecast to 2.3% but warns of skills shortage
The World Bank expects Latin America and the Caribbean’s economy to expand 2.3% in 2025, a slight uptick from 2.2% in 2024, with growth projected to reach 2.5% in 2026.
Wave of youth protest tests Peru’s fragile political stability
Demonstrations spearheaded by young Peruvians have entered a third consecutive week, extending a pattern of mobilisation that has also emerged in Paraguay, Nepal and other countries.
China rejects US "bullying" over Latin American partnerships
China has once again rejected American efforts to pressure Latin American nations into reducing ties with Beijing, with a foreign ministry spokesperson asserting the region's right to choose its own development partners independently.
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Latin America's development gains under threat as one in four live in poverty, UN report finds
UNDP warns of stagnation and rising vulnerability across the region amid "overlapping crises".
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Machu Picchu on verge of losing world wonder title due to mismanagement
Peru's Machu Picchu faces the unprecedented threat of losing its designation as one of the New Seven Wonders of the World, 18 years after winning the global title.
Ban on oil extraction and legalised cocaine could save the Amazon, says Colombia’s president
Colombian President Gustavo Petro has called for ending petroleum extraction in the Amazon region and legalising cocaine production to preserve the world's largest tropical rainforest
Indonesian diplomat killed in targeted shooting in Lima
The murder of an Indonesian Embassy staff member in Peru has prompted heightened scrutiny over the safety of foreign diplomats in Lima, following a meticulously executed armed attack in the district of Lince.
Peru’s gold exports to China surge amid fears of illegal mining links
Peru has emerged as a growing supplier of gold to China, with exports to the Asian giant accelerating sharply in 2025, raising concerns about the origins of the mineral and the role of informal and illegal mining in fuelling the trade.
Argentina and Peru lead Latin America’s growth in 2025
Latin America’s economy is forecast to grow by 2.2% in 2025, a modest improvement from earlier projections of 2.1%, according to Moody’s Analytics.
ECLAC raises Latin America growth forecast to 2.2% but warns of prolonged slowdown
The UN Economic Commission for Latin America and the Caribbean has lifted its 2025 regional growth estimate to 2.2% from a previous 2.0% projection, whilst acknowledging that economic expansion remains constrained by global volatility
Russia quake triggers tsunami alerts along South America's Pacific coast
A powerful 8.7-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 29 July, prompting a cascade of tsunami alerts across the Pacific, with varying responses across the region.
Peru pushes ahead with $6bn mining overhaul amid political turmoil
Peru’s embattled government is pressing forward with a sweeping mining agenda, reviewing 134 new projects worth over $6bn as it attempts to stabilise an economy battered by political unrest and social discontent.
Peru inaugurates 252 MW San Martín solar plant, its largest PV project to date
The government of Peru has formally commissioned the San Martín Solar photovoltaic facility, a 252.4 MWac plant located in La Joya, Arequipa, operated by Spanish firm Zelestra.