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Posts Tagged ‘latin america

“Slumdog Millionaire” Latin American Premiere in Peru on February 19

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slumdog_millionaireEverything is ready for the Latin American premiere of Danny Boyle’s film “Slumdog Millionaire” on February 19 in Peru — the first Latin American country showing it, as El Comercio reports.

“Slumdog millionaire” has already received several nominations and awards, including the Critic’s Choice Awards, the Golden Globes, SAG Awards, and the recognition it got from the public in the festivals of Austin, Chicago and Toronto.

If you haven’t seen it yet, you should! And if you are traveling to Peru by February 19, make sure you add it to your itinerary!

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Written by Catherine Castro

January 26, 2009 at 9:31 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

Staying Green: Peru’s Commitment to Global Environmental Sustainability

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forestIn the search for global environmental sustainability, Peru is a key player in protection of tropical forests. In fact, Peru has the fourth largest area of tropical forest in the world after Brazil, Democratic Republic of Congo and Indonesia.

As a BBC Latin America news article states, the Peruvian government has committed to US$ 5 million a year in its fight to preserve climate change via the presevation of its tropical forests. The government has calculated that Peru needs about US$ 25 million a year for the next 10 years to be able to save or conserve initially at least 54 million hectares of forest, which could rise to 60 million.

So on your next trip to Peru, a wonderful diversity of tropical forests awaits you. But please be mindful of the need to preserve them in a clean and safe way to ensure we provide the best this world can offer to our future generations.

Written by Catherine Castro

December 8, 2008 at 12:08 am

Peru is Biggest User of Internet Cabins by 10-18 Yr Old Kids, Latin American Survey Says

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Internet Cabins in Peru

Internet Cabins in Peru

Peru is the biggest user of Internet cabins by 10 through 18 year-old kids, according to the first Latin American survey conducted by Telefonica and the University of Navarra to more than 25,000 urban-based kids in Argentina, Brazil, Chile, Colombia, Mexico, Venezuela and Peru, as the largest Peruvian news radio station and online news site RPP reports. Other highlights of the survey include:

  • More than 80% of the kids access the Internet
  • 95% of the kids access the Internet regularly
  • 83% of kids with 9 years old and up have their own cell phone

Written by Catherine Castro

December 4, 2008 at 10:11 pm

Peruvian Leading Author Mario Vargas Llosa Visiting Pennsylvania on December 3-4

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vargas-llosa1Mario Vargas Llosa, a Peruvian novelist, playwright, essayist, journalist and literary critic, will be visiting Dickinson College in Pennsylvania this week to give lectures on December 3 and 4, and for a book signing event on December 3, according to a local report from The Sentinel.

Vargas Llosa is one of Latin America’s leading authors of his generation and former Peruvian presidential candidate.

Written by Catherine Castro

December 1, 2008 at 12:16 am

Miami: First Peruvian School for Chefs in Latin America, Opening of Restaurant in Doral

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A sign of the popularity that Peruvian cuisine is gaining in the U.S. (and ask Boston-based chef and celebrity restauranteur Todd English predicting Peruvian food is the “next big thing”), the first Peruvian school for chefs in Latin America named “Don Ignacio” has been inaugurated in Miami, Florida, as Peruanos en USA magazine reports in its latest issue.

Founder is Raúl Diez Canseco Terry, a renowned Peruvian investor in successful franchises in Peru, who has also just opened a restaurant under the same name where 80% of the ingredients are imported directly from Peru. Among its specialty dishes is the Quinoa Risotto, and native Peruvian dishes like the Lomo Saltado, Ceviche, and Arroz con Pollo.

I will definitely plan a stop on my next trip to Miami. But for those lucky enough to live in that city, “Don Ignacio” restaurant is located in 10395 North West 41st Street Suite 125. Doral, FL 33178. If you go, let me know how it goes. Bon appetit!!!

Written by Catherine Castro

November 29, 2008 at 5:59 am

Peru Riding Strong the US Economic Crisis, 9.5% GDP Growth in Q3

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Peru’s economy is said to be one of the countries in Latin America that will handle best the U.S. economic crisis given its economic and political stability.

Bloomberg reports that Peru’s National Statistics Institute released the country’s GDP to have “expanded more than economists expected in the third quarter”. Construction and investment in heavy machinery and equipment led this growth.

Written by Catherine Castro

November 29, 2008 at 5:47 am

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