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Protests & Blockades Continue Amid Political Chaos

  • Foreign Trade-Tourism Minister Luis Fernando Helguero on Tuesday lamented the radical protests that have been taking place in several cities and stated that they are affecting Peru's tourism and foreign trade activities.
  • One of the world’s top copper mines, Las Bambas, is running out of storage space, raising the risk of slowing or halting production in another threat to global supply of the metal.
  • Stockpiles have reached about 500,000 metric tons of concentrate containing 125,000 tons of metal, said Raul Jacob, who heads Peru’s mining and energy society SNMPE. That’s worth $1 billion at today’s price.
  • Defense Minister Alberto Otarola said that the military will begin to clear roadblocks and guard airports, hydroelectric plants and other strategic locations to guarantee that Peruvians are able to freely move around the country and companies can ship goods.

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