Peru

Country Page: PERU

Wikispace Assignment # 2
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**Wikispace Assignment 1, Begin Here: ** Insert "horizontal lines" to separate individual student work. Many of the stereotypes of South America is the drugs that are imported is tolerated by the government. I wanted to show that the government is very proactive in eradicating drugs. The article suggests that the war on drugs is very real in Peru. But I also learned that cocoa is grown legally in certain assigned areas. The cocoa is used to ward of hunger, cold and exhaustion as well ceremonies. The cocoa is also used for elevation sickness. Though cocoa has significant uses, it is still used illegally and that is what has to be contained. http://www.peruviantimes.com/24/peru-to-boost-coca-eradication-by-50-percent-in-2013/17898/  ~//Jacquelyn Miller//

I choose to post the news of the recent attacks on three tourist that where visiting the Cusco Province from the United States. I first saw this on the Today show and knew that this would be my post. A husband and wife along with his sister were robbed and beaten repeatedly for 2 days. They had vehicle trouble and were taken by the local people to their village where they were beaten and forced to sign a document that stated something along the lines of the accident occured because of their negligence. The Peruvian government acknowledged that this did in fact happen but no suspects have been taken into custody as of yet for the beatings. The three have since been released and are recovering from their ordeal back in the United States. I chose this because it could definitly effect the tourism industry in a bad way if other Americans are affraid to go and see the beauty of Peru if they are affraid they will become a victem of a sensless beating. Here is the link to the page with the video that aired on the Today show. [] -Robert Sutton

===This is an article from the Peruvian Times speaking about the increases in mortgages with people falling in trouble making their payments on time. In the last year there has been a large increase in delay of payments. This is not a good sign for the housing market in Peru, due to if the delay of payments keep rising they are at risk of developing a housing bubble. This would severely affect growth of the middle class in major cities such as Lima in the recent years. I though this article was very important because of the impact it would have on the already small middle class in Peru, it would affect economic growth as well as consumer credit.===

http://www.peruviantimes.com/22/peru-sees-increase-in-mortgages-under-alert-risk-agency/17890/#

- Jorge Chevres