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Peru's President Humala reshuffles cabinet as popularity sinks LIMA: Peru's President Ollanta Humala replaced his foreign affairs, interior and transportation ministers on Monday in a surprise cabinet shake-up as his popularity sinks to new lows. Humala swore in Gonzalo Gutierrez, Peru's ambassador to top trade partner China, as his new foreign affairs minister. Daniel Urresti, currently the czar in charge of preventing illegal mining, will become the sixth interior minister. Jose Gallardo, an economist on the board of the central bank, became Humala's new transportation and communications minister. Humala, a former left-leaning military officer who turned to the right after being elected to the country's top job in July 2011, did not say why he made the replacements. Environment Minister Manuel Pulgar-Vidal remained in power despite speculation he might step down after Humala proposed weakening some of his ministry's functions in an economic reform package delivered to Congress. Humala has reshuffled his cabinet several times in his nearly ...

US judge names lawyer to supervise Argentina debt talks NEW YORK: A US judge on Monday appointed a Manhattan attorney to supervise talks between Argentina and hedge fund bondholders as Buenos Aires seeks to avoid defaulting on its debt in a week's time.New York district court judge Thomas Griesa named the mediator after the government of President Cristina Kirchner asked him to organize negotiations with its creditors.The move raised hopes that a deal could be done before a June 30 deadline for Buenos Aires ...
Brazil boosts security at Rio World Cup stadium RIO DE JANEIRO: Brazil will use stronger barriers and post police in high-risk areas to prevent further invasions by ticketless fans at World Cup matches in Maracana Stadium, officials said Friday.Swarms of rowdy fans have gate-crashed each of the two matches the iconic Rio de Janeiro stadium has hosted so far, embarrassing organizers and raising concerns about security at its remaining games, including the final on July 13."We are going to establish an extra isolation ...
Biden vows to tackle 'unacceptable' child migrant surge GUATEMALA CITY: US Vice President Joe Biden warned on Friday that Central American nations had a "responsibility" to work with Washington to stem a surge of thousands of illegal child migrants into the United States.Biden issued his blunt call to action in Guatemala as the White House announced new measures to speed up deportations of the illegal child migrants, amid a row with Republicans that has further dashed dimming hopes of passing a new immigration ...
Fernandez says willing to talk with all creditors BUENOS AIRES: Argentine President Cristina Fernandez said on Friday her government would negotiate with all the country's creditors, amid expectations that the country is poised to start talks with bond investors who refused to participate in two restructurings. "We want to pay 100 percent of creditors," she said in a speech celebrating Argentine Flag Day, sparking a sharp tightening of the country's risk spreads. Argentina has for years refused to even consider talks with "holdout" ...
Brazil fears World Cup tourists' parasites RIO DE JANEIRO: Agriculture watchdogs in Brazil fear foreigners arriving for the World Cup could bring up to 350 new plant parasites into the country.American tourists pose the biggest threat, since the United States has 225 agricultural parasites that do not currently exist in Brazil, said the National Plant Defense Association (Andef), an agro-industry umbrella group.Italian fans, who could bring in up to 126 new parasites, and French fans, who could bring in up to ...
Assange marks two years inside LONDON: Two years after he sought asylum in Ecuador's London embassy, WikiLeaks founder Julian Assange is making a fresh attempt to secure his freedom, although he is not packing his bags just yet.Lawyers for the Australian former computer hacker will next week present "new information" to the Swedish authorities in a bid to get them to drop a four-year investigation into allegations of sexual assault, which he denies.Assange sought refuge in the embassy to avoid ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln