Free Trial

Protests & Blockades Continue Amid Political Chaos

PERU
  • 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.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.