He Unitary Front of Workers (FUT)the most important trade union center in Ecuadorwarned this Thursday with reacting if the Government of William Lassothat Wednesday dissolved parliamentissued laws against workers or privatization of state companies. José Villavicencio, president of FUT, described as “dictatorial” to the Lasso government for having declared the call “cross death”a legal norm […]
Tag: political crisis
How long would a Peruvian survive if they lose their main source of income?
The coronavirus pandemic severely hit the pocket of the family economy in Peru, where more than 70% of the labor force is informal, according to figures from the National Household Survey (Enaho). During this three-year period —interspersed quarantines and habitual political problems—, lThe purchasing power of citizens has been vulnerable to these emergency situations which, […]
Credit outlook and GDP of Peru at risk due to political crisis
Uncertainty. Moody’s warns that it would lower its rating if it persists instability. Economic growth would also fall The social outbreak and the lack of consensus in Congress to determine the date of the new general elections have caused risk rating agencies and multilateral organizations to pay special attention to our country. Thus, the international […]
The World Bank maintains Peru’s growth at 2.6% by 2023
The World Bank estimates that the global economy will no longer grow 3% this year, and now it would do so in 1.7% due to high inflation, the drop in investment and the restrictions inherent to the geopolitical conflict between Russia and Ukraine. With that will get its third lowest rate in almost three decadesbelow […]
Las Bambas lost more than a year and a half of production since it began operations in 2016
As reported by the Minister of Energy and Mines, Oscar Vera, during his visit to Cusco, since Monday morning traffic in the South Road Corridor was normalized to 100%, where the main company affected, Las Bambas, set a record of 57 days of paralyzed production only in 2022, and with it more than a year […]