(Reuters) - Peru's finance minister said on Tuesday that preliminary data showed the country's economy shrank in June, marking two consecutive quarter.
Finance Minister Alex Contreras told reporters he expects economic growth to return in July after preliminary data showed that the economy shrank by about 1% in June. That followed official data showing that the South American country's economy contracted by 0.43% in the first quarter. Despite the data, Contreras asserted that the economy is not in recession while heaping blame on "obsessed" analysts who root against the government for any suggestion to the contrary.
Peruvian police launched a brutal crackdown Thursday on a peaceful protest against the election of the new board of directors of the country’s congress. One of the lawmakers elected to the board is under investigation for corruption and for more than 50 tax fraud allegations.
Emblematic dances from the coastal, Andean, and rainforest areas of Peru shone at the start of the <a href=" https://andina.pe/ingles/noticia-peru-president-boluarte-leads-civicmilitary-parade-949378.aspx"target=" blank"