Browsing Tag
Peru
41 posts
US shifts $52m in military aid from Europe and Middle East to Latin America
The State Department will redirect $52 million from Slovakia, North Macedonia, Tunisia and Iraq toward Panama, Peru, Ecuador and Colombia as Washington prioritises the Western Hemisphere.
PetroTal (TSX: TAL) cuts Block 131 royalty from 23.5% to as low as 5%
PetroTal Corp. has amended its Block 131 licence in Peru so qualifying incremental production can pay royalties of 5%, 9% or 15% instead of 23.5%, materially improving drilling economics but requiring two new wells within two years to preserve the new regime.
Softcare (HKEX: 2698) profit jumps 46% as Africa and Latin America sales accelerate
Revenue increased 30.7% to US$332.7 million and net profit reached US$75.8 million, while Softcare raised its interim payout ratio to about 66% despite continuing factory expansion.
Aramco and Ma’aden sign shareholders agreement for Zone-4 copper exploration
Aramco and Ma'aden signed a Zone-4 shareholders agreement covering 10% of Saudi Arabia, quietly pivoting the JV from lithium to copper and rare earths.
Super El Niño could become strongest on record as global food and trade risks rise
NOAA sees a 69% chance of a historic El Niño as drought, floods, food insecurity and Panama Canal disruption threaten the global economy.
Peru Nazca Lines tourist plane crash kills all 13 people aboard Aerodiana flight
Nazca tourism depends on small aircraft. The Aerodiana crash that killed 13 now tests Peru’s oversight of sightseeing flight safety.
Peru frees Ollanta Humala after Constitutional Court voids 15-year conviction
Peru freed Ollanta Humala after finding his campaign case used criminal law retroactively, a ruling that could reshape other Lava Jato prosecutions.
Why Peru’s moderate JunĂn earthquake caused deadly building collapses
Peru’s earthquake was moderate in magnitude but deadly in impact. Adobe housing failures across JunĂn left five dead and about 300 people without homes.
Keiko Fujimori wins Peru presidency by 49,641 votes as rival rejects result
Keiko Fujimori has won Peru’s presidency by 49,641 votes, but her rival rejects the result and a fragmented Congress threatens stability.
Can Anglo American (LSE: AAL) recover before its copper catalysts?
Anglo American is building a copper giant while its shares retreat. The real question is whether the Teck merger is already priced into LSE: AAL.