Peru
Peru's rupture with Iran was never about Tehran
Peru's break with Iran cost almost nothing economically but sends a clear geopolitical signal. As Lima moves closer to Washington and Israel, its roughly $50bn annual goods-trade relationship with China creates a much harder strategic dilemma.
ECLAC holds Latin America 2026 growth forecast at 2.2%
Latin America and the Caribbean's economy will grow 2.2% in 2026, unchanged from ECLAC's earlier forecast, before picking up to 2.5% in 2027, as high informality and weak investment continue to cripple the region's growth potential, the UN body says.
Ghana leapfrogs US to enter world's top six gold producers
Ghana produced a record 5.94mn ounces of gold in 2025. Small-scale mining accounted for 52.38% of total production, overtaking large-scale operations for the first time.
The strongest El Niño on record will hit food prices from Brazil to Indonesia
The Pacific is warming faster than at any point in the modern record, and central bankers have started writing it into their forecasts.
Chevron's Peru exit puts offshore oil ambitions to the test
Eleven months. One letter to Perúpetro. Zero wells drilled. Chevron's Peru bet folded before it ever got its boots wet.
Fujimori inherits Peru's security crisis and offers the same old answers
Keiko Fujimori was sworn in promising discipline and seven objectives. Her speech never mentioned the 50 dead from 2022-23 protests, said nothing on mining, and recycled a military security model that has failed under three presidents since 2023.
Latin America insurtech start-ups swell as $90mn funding rebounds
Latin America's insurtech sector attracted $90mn in investment during the first half of 2026, while the number of active companies climbed to 576, a 14% increase from a year earlier and the highest level since 2023, according to a new report.
Latin America's rightward shift bolsters investor confidence, BMI says
Latin America's ongoing shift to the right across a wave of presidential elections is reinforcing a constructive outlook for the region's economies, according to BMI, Fitch Solutions' research unit.
América Móvil buys Peru's WOW to expand fixed-broadband footprint
América Móvil is strengthening its fibre strategy in Latin America with the acquisition of Peru's WOW Tel, highlighting accelerating consolidation in the region's broadband market as operators race to expand high-speed infrastructure.
Bolivia investigates recruiters who lured citizens to fight for Russia
Bolivia joins Peru and Colombia in exposing a Russian trafficking network luring Andean citizens to the Ukraine front with fake jobs.
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Strong El Niño threatens Latin American inflation and rate cuts, UBS warns
Latin American economies face renewed inflationary pressure and possible delays to interest rate cuts if a strong El Niño weather pattern disrupts food production, electricity generation and infrastructure this year, Swiss bank UBS said in a note.
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War in Iran set to weigh on Latin America throughout 2026, ECLAC warns
The war between the US, Israel and Iran will continue to weigh on Latin American and Caribbean economies for the rest of 2026, even if last month's fragile ceasefire holds, the UN's regional economic body has warned.
IMF cuts 2026 global growth forecast, sees Latin America holding steady at 2.4%
The International Monetary Fund has cut its forecast for global economic growth in 2026 to 3%, citing the fallout from the war in the Middle East, while projecting that Latin America and the Caribbean would grow 2.4% this year and 2.7% in 2027.
Peru reasserts control over China's flagship South American port
China's flagship port just lost its shield. A Lima court stripped COSCO of regulatory immunity at Chancay, echoing Washington's Panama playbook. But a graft trail through Peru's own port officials suggests sovereignty was never the only motive.
Keiko Fujimori adds Peru to region's rightward swing
Peru's razor-thin election is 100% official: Keiko Fujimori wins the presidency by just 49,641 votes, flipped entirely by the overseas diaspora.
World Bank cuts Latin America growth outlook as Middle East oil shock takes toll
The World Bank has trimmed its growth forecasts for Latin America and the Caribbean for both 2026 and 2027, blaming the inflationary and monetary fallout from the Middle East conflict.
Fujimori wins Peru on votes from Peruvians who don't live there
Keiko Fujimori is Peru's next president — elected by Peruvians who don't live there. At home, a captured Congress and hollowed institutions await.
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El Salvador's Bukele tops regional approval rankings for June
El Salvador's Nayib Bukele remains the most popular president in Latin America, with a 69.1% approval rating, according to the June ranking published last week by pollster CB Global Data, which surveyed between 1,988 and 2,674 people in each country.
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Peru election produces two verdicts with Fujimori ahead in official count but rapid polls favouring Sánchez
Peru's run-off has no clear winner. Fujimori leads the official count, rapid polls favour Sánchez, and a fragmented, ungovernable congress awaits whoever prevails. The country's crisis is far from over.