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Lower interest rate does not ensure the country's growth, says Central Bank of Peru

The Central Reserve Bank of Peru maintains the interest rate at 5.75% after two reductions

The Central Reserve Bank of Peru maintained its interest rate at 5.75% on Thursday, a pause after two consecutive declines, while core inflation shows some persistence associated with the services sector. Peru's inflation rate slowed in May, when prices fell 0.09%, to bring the year-on-year inflation rate to 2.0%placing it at the midpoint of the ...

Russia launches missile attack as Ukrainian troops stand firm

Russia launches missile attack as Ukrainian troops stand firm

Russia launched a large-scale missile and drone attack across Ukraine overnight, the second such attack this month, as kyiv's top military commander He said the advance of Kremlin forces had largely stalled on the front line. Ukrainian air defenses shot down five of the six missiles and 24 explosive-laden Shahed drones over its central, southern ...

Lula gave support to Petrobras' attempt to explore the Equatorial Margin on the high seas

Lula gave support to Petrobras' attempt to explore the Equatorial Margin on the high seas

President Luiz Inácio Lula da Silva on Wednesday supported the initiative of the state oil company Petrobras to explore the Equatorial Margin, a sensitive marine area from an environmental point of view, stating that Brazil cannot give up this opportunity. This region, located along the northern coast, is considered Brazil's most promising frontier for oil ...

Javier Milei achieves a pyrrhic victory with approval in Congress of his reforms

Javier Milei achieves a pyrrhic victory with approval in Congress of his reforms

The Argentine Senate approved in the early hours of Thursday a package of liberal reforms proposed by Javier Milei that gives a signal of governability to the marketsalthough the Upper House introduced extensive modifications to the rule and rejected tax changes by the ultra-liberal president. In an extremely even vote – the president of the ...

Apple shares hit $207 after “AI for the rest of us” announcement

Apple shares hit $207 after “AI for the rest of us” announcement

Shares of Apple Inc. rose on Tuesday, briefly hitting a new record high as investors' sentiment toward the iPhone maker improved. Shares rose as much as 7.26% to $207.15. The stock is up more than 20% from its April low, a rally that has added more than $500 billion to its market capitalization and returned ...

Russian warships carry out missile exercises in the Atlantic heading to Cuba

Russian warships carry out missile exercises in the Atlantic heading to Cuba

A Russian naval frigate and a nuclear-powered submarine conducted missile exercises in the Atlantic Ocean while en route to CubaThe Russian Defense Ministry reported on Tuesday. The exercises carried out by the Kazan submarine and the Admiral Gorshkov warship consisted of firing high-precision missiles against simulated enemy targets from a distance of more than 600 ...