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Archive for December 11th, 2008

What Makes Pisco Unique From Other Types of Brandy? by Renzo Palacios

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pasion-por-el-piscoMy friend Renzo Palacios, also a native Peruvian living in the U.S., is known for his great knowledge and taste on making the best pisco sours. That’s why I had to make him the first of my contributors to my blog, one because he is the coolest, and second because it is great to know things about the authentic pisco which is made in Peru. And take note he likes reading this book you can purchase on your next trip to Lima called “Pasion por el Pisco” (Passion for Pisco) written by Jhonny Schuler from where he got some of the information to write this piece. Thanks Renzo!

Pisco, the flagship drink from Peru, is a pure grape juice distillation without any other ingredients, compared to the Italian Grappa, the Galician Orujo, the French Marc, the Greek Tziroupo, the German Trestten, and the rest of brandy in the world which aren’t pure.

Pisco is made from the must just fermented, whereas other brandy are made from the distillation of orujos which is comprised by the rests from the grape after pressing it to make wine and includes grape skin, seeds, and parts of the bunch.

Another difference pisco has to other types of brandy, is its noble nature since the beginning. A good pisco embraces the richness of its aromatic palette and its tasting structure that comes from the different types of pisco grapes used for its preparation.

Also, pisco doesn’t go through certain rectification processes as happens with other brandy that need to age to obtain their new features.

Finally, pisco doesn’t require water to regulate its alcoholic content as other types of brandy do.

In Peru, the production of pisco has significantly grown. Currently there are more than 400 bodegas producing pisco in the country. In fact, statistics about consumption of pisco continue increasing between 10-15% in the past eight years, and exports of pisco have grown in average 40% since 2002.

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Written by Catherine Castro

December 11, 2008 at 3:42 pm

Great Article in The Economist: Preparing For Tougher Times; Credit Suisse Conservative 4.5 Percent GDP Growth in Peru

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economist_logoThis is the title of a great article in today’s Economist print and online issues that provides an economic overview and outlook of Latin American countries, including Peru, and puts the region’s economy in perspective as it rides the U.S. and global economic crisis. The article begins saying:

In the five years from 2004 Latin America’s economies grew at an annual average rate of over 5%, inflation remained generally low, credit expanded and exports boomed. All this meant that the proportion of people living in poverty fell from 44% in 2002 to 33% this year, according to an estimate this week by the United Nations Economic Commission for Latin America and the Caribbean. Now the task facing the region’s policymakers is to limit the damage as the world economy deflates.

Highlights include:

  • GDP estimates in 2009: Brazil 4%, Mexico 0.4%. And as mentioned in my earlier post, Peru is expecting to grow at least 6% according to government estimates.
  • The two main factors contributing to Latin America’s downturn are: a) Continuing steep fall in commodity prices because of worries that China’s economy is stalling. Commodities, from Venezuelan oil to Peruvian minerals, Argentine soya and Brazilian iron ore and orange juice, make up a big chunk of the region’s exports;  and b) Banks in Latin America have turned cautious. Many foreign banks are cancelling credit lines to the region, or renewing them for shorter periods or at higher rates.

Additionally, Credit Suisse just released a report for Latin America, where Peru is slated to show the highest growth in the region, although takes a conservative 4.5% GDP growth, as Bloomberg reports.

Written by Catherine Castro

December 11, 2008 at 12:15 pm

Inbound Tourism to Peru Up 12 Percent in Jan-Aug 2008

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Inbound tourism to Peru increased 12% in January -August 2008 compared to the same period last year, according to the Peruvian Ministry of Foreign Trade and Tourism (Mincetur).

For more information reported by Andina news, click here.

Written by Catherine Castro

December 11, 2008 at 9:56 am

Posted in News, Travel

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