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...“There are 13 laws already approved to boost investment and . . . already more investments announced than last year,” says Contreras....
...Glencore’s Antapaccay mine in Espinar was attacked in January while, in February, protests hit transport of supplies at Las Bambas in Apurímac, run by China’s MMG and responsible for nearly 2 per cent of...
...The pause in fighting, triggered by Hamas’ unprecedented attack in southern Israel last month that killed 1,200 people, has brought respite to the 2.3mn people living in the Gaza strip....
...However, Peru’s fractured congress, which has 13 unruly voting blocs, makes both prospects unlikely....
...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...
...Five more top stories 1....
...After six weeks of bombardment in which Palestinian officials say at least 13,300 people have been killed and 1.7mn forced to flee their homes, the temporary truce has given Gazans a brief respite....
...Still, airfares in October were 13.2 per cent lower than a year earlier and are now cheaper than in the year before the coronavirus pandemic....
...In 1921, life expectancy was 67.9 years for women and 61.2 years for men, but it now stands at 90.5 and 87.6 years respectively....
...Still, given Vanguard’s typically low fees, these revenues offset 16 per cent of the company’s average fee last year, compared to 13.4 per cent for SSGA and 4.2 per cent for Invesco....
...Yuexiu’s Wuhan Yuexiu Fortune Centre reported a 19.2 per cent decline in rental income from a year ago and an 8.4 percentage point drop in its occupancy rate to 61.6 per cent....
...Israel has evacuated citizens within 2km of its border with Lebanon and Hizbollah says that 13 of its fighters have been killed this month....
...Coca paste — another extract of the coca leaf needed to make cocaine — has fallen from about 4mn pesos ($1,013) per kilo in 2017 to about 2.4mn pesos....
...Five more stories in the news 1....
...Five more stories in the news 1. Peru ousts president after ‘attempted coup’ Lawmakers removed Pedro Castillo yesterday after he tried to shut down congress before an impeachment vote....
...China also released CPI figures for November on Friday, showing the slowest pace of growth in eight months, down from 2.1 per cent in October to 1.6 per cent....
...France had the highest fertility rate (1.84), while the lowest were in Malta (1.13), Spain (1.19) and Italy (1.25). Italy’s situation repays closer attention....
...Since 2003, the proportion of mortgages on a variable rate, which moves directly in line with central bank rates, has dropped from 70 per cent to 13 per cent, with 61 per cent of loans now on five-year or...
...Using the same house price/income measure, the ratio fell from 13.4 in 2010 to 8.3 in 2022 in tier-2 cities, and from 10.2 in 2010 to 6.1 in 2022 in tier-3 cities....
...Merck is forecasted to have earned $1.24 a share on fourth-quarter revenue of $13.7bn, compared with $1.48 a share on sales of $13.5bn....
...USD 2.9tn) in their bull case....
...Need to know: Global economy The World Bank warned the global economy was on the “razor’s edge” of recession as it cut growth forecasts to 1.7 per cent this year, a sharp drop from an estimated 2.9 per...
...A top Fed official today reinforced the message that investors should not get too optimistic just yet, warning that rates could yet exceed the 5.1 per cent level forecast by most policymakers....
...Esteban Tamayo, a Citibank economist who covers Peru, predicts economic growth of 2.9 per cent next year, dragged down by investment growth of just 0.1 per cent....
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