Peru

China’s economic takeover in Latin America sparks opportunities and concerns

Alek Buttermann October 17, 2024

In the last two decades, China has emerged as a key player in Latin America's economy, making strategic investments in infrastructure, energy, and telecommunications, transforming the region into an essential hub for its interests.

Peruvian TV star corruption probe uncovers Chechen links

Alek Buttermann September 25, 2024

Recent revelations have raised suspicions about a potential connection between Chechen authorities and a high-profile corruption investigation in Peru involving television host Andrés Hurtado.

AI uncovers over 300 new Nazca geoglyphs in Peru, revealing ancient mysteries

Alek Buttermann September 25, 2024

Researchers from Japan's Yamagata University have uncovered 303 new geoglyphs in Peru’s Nazca Desert, thanks to the use of artificial intelligence (AI).

Latin American dignitaries urge UN to suspend Russia over Ukraine war

bne IntelliNews September 24, 2024

A group of prominent Latin American former foreign ministers and human rights advocates has urged António Guterres, the UN Secretary-General, to suspend Russia from the UN General Assembly over its actions in Ukraine.

Peru is burning while authorities look away

Alek Buttermann September 17, 2024

Wildfires continue to ravage 22 of Peru’s 24 regions, claiming at least 15 lives and destroying over 3,000 hectares of land.

Outrage as birthday party features cake portraying George Floyd

Alek Buttermann September 17, 2024

A video has emerged showing a group of young people in Lima, Peru, celebrating a birthday party in a highly offensive manner.

Alberto Fujimori’s death marks the end of a polarising legacy in Peru

Alek Buttermann September 12, 2024

Alberto Fujimori, former Peruvian president and one of the most controversial figures in the country’s modern history, passed away at the age of 86 in Lima. His death on September 11 marks the end of an era that continues to divide the nation.

Latin America trapped in low growth cycle, ECLAC warns

Marco Cacciati August 19, 2024

Latin America and the Caribbean are facing a "low economic growth trap" that threatens to stall progress across the region, according to a new report from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).

The West is bleeding the Global South of wealth thanks to massive wage inequality, says study

bne IntelliNews July 31, 2024

The developed markets of the West are bleeding the Global South of wealth thanks to massive differences in nominal wages, according to a new study published in Nature Communications.

Global solar panel glut caused by Chinese overproduction

bne IntelliNews July 30, 2024

There is an overproduction of solar panels worldwide, with production capacity exceeding demand by 2 TW. This surplus has led to falling prices.

Sea levels rise 10 cm since 1993 as ice caps melt

bne IntelliNews July 29, 2024

Sea levels are now 10 cm higher than in 1993, and the rise is accelerating, according to new high-resolution satellite measurements by NASA.

US general calls for Marshall Plan in Latin America to counter China and Russia

Marco Cacciati July 25, 2024

The head of US Southern Command has urged American leaders to develop a comprehensive economic aid program for Latin America, akin to the post-World War II Marshall Plan, in a bid to counteract growing Chinese and Russian influence in the region.

Plants absorbing less carbon dioxide in 2023, accelerating global warming

Ben Aris in Berlin July 25, 2024

Plants and trees' ability to absorb carbon dioxide fell dramatically in 2023, due to increased heat stress in vegetation, a new study revealed.

Shocking alien fingerprints reignite Peruvian mummy mystery

Alek Buttermann July 24, 2024

The controversy surrounding the alleged "alien mummies" from Peru has taken a new twist, with conflicting claims from different experts.

How energy intensive are data centers?

Florian Zandt for Statista July 24, 2024

While countries like China and the United States had the highest electricity demand by a considerable margin, a new player that rivals the consumption of some of the biggest economies and is bolstered by the ongoing AI hype and data center use.

Earth records hottest year since records began

bne IntelliNews July 24, 2024

Sunday, July 21 was the hottest day ever recorded globally in 100,000 years according to the EU climate monitoring service Copernicus, warning that the Climate Crisis is accelerating.

Six out of nine “planetary boundaries” have been crossed and a tenth has appeared

Ben Aris in Berlin July 24, 2024

Six out of the nine “planetary boundaries” that track how close humanity is coming to the environmental disaster have been crossed. And now there might be a tenth boundary: the amount of oxygen in oceans is starting to fall.

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