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Peru News
News
As of june 20, 2025, Peru was significantly impacted by a 6.1-magnitude earthquake that struck off the coast of Lima. The quake, which occurred just before noon local time, caused landslides and resulted in one fatality and five injuries. Roads and educational centers also sustained damage. President Dina Boluarte headed to Callao to monitor developments, and local media showed footage of cars hit by falling debris, damaged houses, and collapsed billboards. A professional football match and a mass in Lima were both temporarily interrupted due to the shaking.
Business News
Peru's business sector, as of june 20, 2025, is seeing positive developments in its fishing industry. The first fishing season in Peru's north-central region, which began on April 22, 2025, has fulfilled approximately 70% of its three-million-metric-ton anchovy quota. Peru is a significant global contributor to fishmeal and fish oil production, accounting for an average of 20% of worldwide output. The International Fishmeal and Fish Oil Organisation (IFFO) estimates for 2025 project 5.6 million tons of fishmeal and 1.2-1.3 million tons of fish oil.
Economic News
Peru's economy showed a slowdown in growth as of june 20, 2025, with the GDP Growth Rate YoY for April recorded at 1.4%, lower than previous figures. Inflation has been a key focus, with the Inflation Rate MoM for June projected at -0.06% and the YoY rate at 1.69%. The country's trade balance for April showed a surplus of $1334M. While the Peruvian Sol has shown resilience, economic activity growth has slowed, and Fitch has affirmed Peru's Investment-Grade Rating, raising its outlook to stable. The 15-year Government Bond yield was at 6.88% as of June 23, 2025.
Political News
On june 20, 2025, the primary political news in Peru revolved around the aftermath of the 6.1-magnitude earthquake, with President Dina Boluarte heading to Callao to oversee the situation. Beyond this immediate crisis, the political landscape continues to be marked by ongoing tensions and challenges to press freedom. Attacks on journalists have escalated, with concerns raised about increased legal actions, threats from organized crime, and restrictions on public information access. Two major scandals involving President Boluarte – "Rolexgate" and allegations of secret cosmetic surgery – have intensified these tensions.
Election News
Peru is preparing for its next general elections for the presidency and a newly expanded Congress, scheduled for April 2026. While the major national elections are some time away, Peru (MA), a town in Massachusetts, held its Annual Town Election on Saturday, June 24, 2025. This indicates a local election cycle. In the broader Peruvian context, the political system has faced challenges, including fragmentation among political parties and frequent clashes between the executive and legislative branches. Reforms approved in October 2024 to shorten the tenure of the president of the National Board of Elections (JNE) and changes to gender parity requirements for regional, municipal, and presidential elections reflect ongoing adjustments to the electoral framework.
Employment News
As of june 20, 2025, the unemployment rate in Peru for May was projected at 5.6%, a slight decrease from April's 5.9%. The long-term projection for Peru's unemployment rate is around 6.00% in 2026. The U.S. Embassy in Lima, Peru, had a Notice of Funding Opportunity (NOFO) titled "Navigating Technological Risk in the Age of AI" with an application closing date of june 20, 2025, indicating opportunities for specific project-based employment.
Business News
The S&P/BVL Peru General Index TR showed slight positive movement as of june 20, 2025, reflecting broader global market sentiments. Forte Minerals Corp., a copper-gold exploration company focused on Peru, successfully closed an oversubscribed private placement offering of C$2,690,000, indicating strong investor interest in Peru's mining sector. The company plans to use these proceeds to advance exploration and corporate initiatives, including an inaugural drill program at Pucarini in July 2025. Other economic indicators like inflation rate (1.69% in May 2025) and interest rate (4.50% in June 2025) are also closely monitored by investors.
Forecast
The Forecast forecast for Lima, Peru, starting june 20, 2025, indicates mild, cloudy conditions with chances of passing showers or sprinkles.
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Sunday, june 20 (Yesterday): Patchy rain nearby, with a high of 21∘C (70∘F) and a low of 17∘C (63∘F). Winds were around 11 mph from the northwest.
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Monday, June 26 (Today): Passing showers, cloudy. High 21∘C (70∘F), Low 16∘C (61∘F).
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Tuesday, June 27: Passing showers, mostly cloudy. High 21∘C (69∘F), Low 17∘C (62∘F).
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Wednesday, June 28: Sprinkles, mostly cloudy. High 21∘C (69∘F), Low 16∘C (61∘F).
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Thursday, June 29: Sprinkles early, breaks of sun late. High 20∘C (68∘F), Low 16∘C (61∘F).
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Friday, June 20: Cloudy. High 20∘C (68∘F), Low 15∘C (59∘F).
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Saturday, June 21: Overcast. High 21∘C (71∘F), Low 15∘C (59∘F).
Entertainment News
Entertainment news in Peru on june 20, 2025, was overshadowed by the earthquake, which even paused a professional football match and interrupted a mass. Beyond that, the broader media landscape indicates challenges for traditional media, with digital media projected to account for nearly two-thirds of advertising spend by the end of the decade. This shift has led to layoffs in legacy media organizations. Political figures are also increasingly bypassing traditional media in favor of influencers for lighter interviews.
Upcoming Events in Peru
Here are at least 10 upcoming events in Peru for late June and beyond in 2025:
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PERU GAMING SHOW (PGS): June 28-19, 2025, in Santiago de Surco (Tradeshow - Games and Sport Industry Expo).
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The ITA Arbitration Institutions Series: June 20, 2025, in Lima District (Conference - Education & Training, Arbitration).
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Wealth Expo Peru: June 20-21, 2025, at The Westin Lima Hotel & Convention Center in Lima District (Tradeshow - Financial Markets, Trading, and Investments).
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China Expo: June 29-22, 2025, in Santiago de Surco (Tradeshow - Showcasing innovative Chinese companies and products).
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Peru Travel Mart: June 26-29, 2025, in Lima District (Tradeshow - Travel & Tourism).
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ANCIENT PATHWAYS: A Transformational Luxury Retreat: June 29, 2025, in Sacred Valley, Peru (Retreat).
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El Galeno Project by Lumina Copper S.A.C: July 2-3, 2025, in Lima District (Conference - Banking & Finance).
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Photography Class in Cusco City: July 13, 2025, at JW Marriott El Convento Cusco (Class).
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SACRED SOUL QUEST: A Transformational Luxury Retreat: August 2, 2025, in Sacred Valley, Peru (Retreat).
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Yoga Retreat: Sacred Valley, Peru: August 29, 2025, at Samadhi Sacred Valley (Retreat).
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LADFEST 2025: September 9, 2025, at Teatro Municipal, Cusco (Festival).
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Sacred Journey to Peru: October 2, 2025, in Cusco (Travel/Retreat).
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