News on Peru's Economy 2010 LIMA (Reuters) - Peru extended its economic recovery in April to bolster expectations that it and Brazil will grow the fastest in Latin America this year, though recent steps taken by the government will likely avert overheating. The Andean country's economy grew 9.26 percent in April from a year earlier, while expansion from March was a tepid 0.06 percent. Driven by surges of 21 percent in construction, 16 percent in manufacturing and 11 percent in retail, year-on-year growth in April topped the 9.1 percent forecast from a Reuters poll. The data showed Peru's economy grew at its fastest pace in 18 months. Many economists and the International Monetary Fund say Peru and regional giant Brazil will each expand up to 7 percent this year as they recover from the global crisis. "Here (in Peru) and in Brazil they have started raising interest rates, fiscal expenditure is being reduced, there's also a legal framework to stop the economy from growing too strongly," said Maria Cecilia Deza, an analyst with the local branch of Spanish bank BBVA. The Peruvian government cut public spending and put a hold on borrowing last month in a bid to cool economic growth and meet a fiscal target requiring a deficit narrower than 2 percent of gross domestic product. Last week, the central bank raised the benchmark interest rate to 1.75 percent, the second increase in as many months. But it said it decided to keep the rate "exceptionally low" because of risk factors related to global economic uncertainty. MODERATE MONTH-ON-MONTH GROWTH Tame growth from March may support comments by Finance Minister Mercedes Araoz that the economy was not overheating. Araoz said on Friday that Peru does not plan to take more steps to cool down economic growth because inflationary pressures are
News on Peru’s Economy 2010 LIMA (Reuters) – Peru extended its economic recovery in April to bolster expectations that it and Brazil will grow the fastest in Latin America this year, though recent steps taken by the government will likely avert overheating. The Andean country’s economy grew 9.26 percent in…
Tessa Prieto Valdes, one of Aracari´s very important guests from the Philippines this past April, writes an entertaining and interesting account of her South American Trip and Peru with Aracari. Please go to inquirer.net for full article
Tessa Prieto Valdes, one of Aracari´s very important guests from the Philippines this past April, writes an entertaining and interesting account of her South American Trip and Peru with Aracari. Please go to inquirer.net for full article
We are thrilled that the British Museum has included 2 Peruvian Objects in BBC Radio 4 series "History of the World in 100 objects". This series is in our view, one of the best radio series and a ground breaking initiative by a Museum, to educate and enlighten the public. The featured Paracas Textile appears in its Old World, New Powers (1100 - 300 BC) topic in the first series which was broadcast in February 2010. You can listen to it here! Or download the podcast. We encourage you to listen to it and hope it will fuel your desire to travel the world, and come visit Peru. On the first series of this broadcast only 3 objects of the Americas were featured, 1 from Peru and 2 from Mexico. Stay tuned for the second Peruvian object featured, coming soon!
We are thrilled that the British Museum has included 2 Peruvian Objects in BBC Radio 4 series “History of the World in 100 objects”. This series is in our view, one of the best radio series and a ground breaking initiative by a Museum, to educate and enlighten the public….
Peruvian Pisco Pisco is Peru's national spirit, a brandy made by distilling grapes and enjoyed in its pure form or used to mix the most popular cocktails: the Pisco sour and Chilcano. Pisco Experiences in Ica The oasis of Ica, situated around 300km south of Lima, is home to one of Peru’s key wine and pisco-producing vineyards and the most convenient place in Peru to sample the local tipple. Hidden amidst rows of grapes, sits the sprawling bright-pink Hacienda Tacama, a standout winery in the region, which lays claim to being both the oldest winery in South America and Peru’s largest. Hacienda Tacama offers pisco and wine tasting tours, optionally combined with private lunches and a traditional paso horse demonstration. The exclusive wine cellar can be hired for tasting sessions and private dining. Pisco Tasting Tour in Arequipa Far less visited than Ica, outside of Arequipa's city centre there are similarly fertile grape-growing regions which can be visited as a day trip. Peruvian Pisco in the press From the San Francisco Magazine, June 1 2010 “The Peruvians,” says Duggan McDonnell, founding partner of Sutter Street cocktail mecca Cantina, “are not very good at marketing.” Indeed, as I learned from bartending alongside McDonnell for a couple of years at Cantina, most San Franciscans have never tasted pisco, the Latin American country’s iconic spirit. McDonnell is setting out to change this: Along with two partners, he has created his own brand. Campo de Encanto hits San Francisco shops and bars this month. “Do you get the chocolate and mint?” McDonnell asks, waving a half-full glass under my nose. “The pear, spring flowers, jasmine, and white pepper?” His wine rhetoric is appropriate for pisco, which, like cognac, is made from grapes that are fermented into wine, then distilled. The difference is that pisco is not
Peruvian Pisco Pisco is Peru’s national spirit, a brandy made by distilling grapes and enjoyed in its pure form or used to mix the most popular cocktails: the Pisco sour and Chilcano. Pisco Experiences in Ica The oasis of Ica, situated around 300km south of Lima, is home to one…
We are absoutely thrilled to have had a very successful turnout at the Instituto Cervantes in London, where Marisol Mosquera gave a talk on Peruvian Contemporary Art. Peruvian contemporary art is very exciting at the moment, with a number of young artists hitting the international scene. Two of our favourites are Sandra Gamarra and Fernando Bryce, both who live in Europe and have their work both at the MOMA and Tate Britain. The most exciting trend however, in our view, as promoters of all that is authentic and Peruvian are the artists whose subject matter and narrative is deeply connected to its Peruvian roots. To name just the few whose work was reviewed during the talk, there is Christiam Vendayan from Iquitos, and Fernando Gutierrez "Huanchaco" and Pablo Patrucco both from Lima. For a transcript of the talk, please contact us. We encourage you to explore Galleries and collections during your visit to Lima. For more information on the art scene in Lima, please go to the Museo de Arte de Lima, MALI; Galeria Lucia de la Puente and MicroMuseo
We are absoutely thrilled to have had a very successful turnout at the Instituto Cervantes in London, where Marisol Mosquera gave a talk on Peruvian Contemporary Art. Peruvian contemporary art is very exciting at the moment, with a number of young artists hitting the international scene. Two of our favourites…
For all Art Lovers out there! As part of our mission of being "conduits of Art and Culture to a Discerning Clientele" Aracari's own Marisol Mosquera is giving a talk on Peruvian Contemporary Art at the Instituto Cervantes, 102 Belgrave Square, London on May 26.
For all Art Lovers out there! As part of our mission of being “conduits of Art and Culture to a Discerning Clientele” Aracari’s own Marisol Mosquera is giving a talk on Peruvian Contemporary Art at the Instituto Cervantes, 102 Belgrave Square, London on May 26.
