End of preview - This article contains approximately 793 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - July 2024
PERU: Embattled Petroperú seeks structural changes
Oliver Stark, the president of Peru’s state-owned oil company Petroperú, announced in an interview with national daily El Comercio on 24 June that the company’s board of directors had approved eight measures aimed at addressing the extreme financial difficulties it is currently facing. Stark, a US-born economist, was appointed on 12 June as chairman of Petroperú’s executive board, having been serving as de facto president of the company since the resignation of Carlos Linares Peñaloza on 26 April. Stark, who has previously held executive positions in several companies in the mineral sector, assumes leadership of a struggling Petroperú in need of drastic operational and financial changes.
- Mexico’s Sheinbaum gets off to a good start with private sector
- COLOMBIA: Two steps forward, two steps back
- PERU: Embattled Petroperú seeks structural changes
- BOLIVIA: Grappling with fuel shortages
- ECONOMIC HIGHLIGHTS
- ARGENTINA: Challenges persist despite political win for Milei
- PARAGUAY-REGION: Big plans for a gas pipeline
- BRAZIL: Central bank in crossfire as economy lags
- CHILE: Codelco’s tricky copper-lithium balance
- ECONOMIC HIGHLIGHTS
- GUATEMALA: Seeking to attract investment in the face of logistics crisis
- COSTA RICA: Poverty down but inequality persists
- REGION: Jet Air declares bankruptcy
- REGION: Could SIDS shake up Caribbean finances?
- ANTIGUA & BARBUDA: Debt is still the thing
- ECONOMIC HIGHLIGHTS
- MEXICO: Banxico eyes further rate cuts amid dim growth prospects
- MEXICO: Government aiming to reach deal in Ganfeng Lithium dispute
- MEXICO: Booming avocado industry disrupted due to insecurity
- ECONOMIC HIGHLIGHTS