Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- MEXICO: 28 April UPDATE: More Death Discovered In Durango...As Body Count Grows Again By 8; Total 104...So Far.
- BRASIL: Contract To Build Belo Monte Dam Is Awarded; Bloodshed Threatened.
- MEXICO: 2 Girls Scale U.S. Border Fence... In Under 18 Seconds.
- MEXICO: Guapo But Bobo...PRI's Pena Nieto Still Leads To Succeed Prez Calderon.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- CHILE / NEW ZEALAND: Santiago Eyes Volcanos For Geothermal Energy.
- CHILE: Trapped Miners Seek $541k Each in Negligence Lawsuit.
- HUNGARY: 28 APRIL UPDATE: 7 Arrested After Vigilantes Brawl With Roma In Gyongyospata; At least 4 Injured.
19 August 2010
PERU: Economy Sizzles... But Garcia May Reshuffle Cabinet.
REUTERS/ As his nation's economy sizzles, President Alan Garcia insists that persisting rumors over the departure of Finance Minister Mercedes Araoz... are not true. "With the economy you have to be calm," Garcia said. Araoz has only been in place for 9 months but has been encouraged by Garcia's party to run for office. Peru's GDP is expected to grow about 7%...but some forecasts are higher even as surging domestic demand, construction and easier credit, replace the traditional mineral exports.