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...Mining executives, meanwhile, complain that they hand over tens of millions of dollars in taxes and royalty payments to the state but the government too often fails to deliver the infrastructure and services...
...He promises that the government will help unblock the multibillion-dollar projects needed to attract foreign investment and generate jobs....
...The country’s 2031 sovereign bond traded at roughly 86 cents on the dollar on Friday, close to where it began the week, having dipped below 85 cents on Wednesday....
...The dollar bond maturing in 2031 was trading just above 86 cents on the dollar, having dipped yesterday to about 84.6 cents....
...The sol, Peru’s currency, initially weakened 2 per cent to trade at 3.9128 per US dollar, its softest level in almost a month....
...After Milei’s surprise victory in the primaries, the peso, which has been tumbling against the dollar on parallel exchange markets since April, has accelerated its decline....
...Markets did not move much this week, though they did seem to react slightly to Castillo’s removal, with the dollar bond maturing in 2031 trading just above 86 cents on the dollar on Friday, having dipped...
...The measures are on top of a $2.1bn package to boost economic recovery after parts of the country were shut down by violent unrest following the removal of leftwing president Pedro Castillo earlier this...
...US women typically earn 82 cents for every dollar earned by men, little changed from the 80 cents they earned 20 years ago, according to research by Pew....
...A measure of the dollar’s strength against a basket of six peers gained 0.3 per cent in European trading....
...In the days after Castillo took office, the currency, the sol, weakened to a historic low of over four to the dollar, but has since recovered to about 3.75, its strongest in almost a year....
...In addition to tickets, it generated half a million dollars in clothing sales....
...Dozens of people are now dead as a result of the unrest, which was triggered by the ousting and arrest of leftist former president Pedro Castillo in early December....
...Just days after Castillo’s inauguration, the currency, the sol, breached the four-to-the-dollar mark for the first ever and has yet to recover....
...executive in the past few months, company director James Murdoch told a Delaware court during testimony in a case brought by investors who claim Musk was unjustly awarded an unprecedented multibillion-dollar...
...On July 30, two days after Castillo took office, the sol registered its biggest one-day fall against the dollar in seven years, dropping through the psychological barrier of four-to-the-dollar for the first...
...The ministers were only confirmed the following evening, by which time the Peruvian currency had registered its biggest one-day drop against the dollar in seven years....
...The prospect of his victory pushed Peru’s currency, the sol, to unprecedentedly low levels against the dollar....
...The region produces 26 per cent of Peru’s gold and is home to Yanacocha, the largest gold mine in South America, which for three decades has generated millions of dollars for American, Peruvian, French and...
...Peru’s Congress is so hostile to Castillo that it is already discussing removing him from office after just four months....
...Castillo’s election on a hard-left ticket rattled financial markets and sent capital fleeing, pushing Peru’s currency, the sol, to record lows against the dollar....
...The sol has lost 12 per cent of its value since Castillo emerged as a potential election winner in mid-April, with wealthy Peruvians shifting billions of dollars out of the country....
...exchange dropped by as much as 6 per cent while the currency, the sol, posted its biggest one-day loss in seven years and, for the first time ever, fell through the psychological barrier of four soles to the dollar...
...Another dollar bond maturing in 2031 fell more than 1 per cent to 99 cents on the dollar....
...According to Scotiabank, the sol has depreciated further against the dollar than any other currency in the world since the first round of voting in April, when Castillo first emerged....
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