Skip to content

Sociedad Media Now: Peru’s Two Realities & Puerto Rico’s Shrinking Island

Peru’s economy is expanding on record gold & copper prices, even as an extortion crisis threatens law & order. In Puerto Rico, a wave of migrant interdictions this month reflects a quieter economic story

Sociedad Media Now: Peru’s Two Realities & Puerto Rico’s Shrinking Island
Puerto Rico and U.S. flags flutter on a building that once belonged to a restaurant, in San Juan, Puerto Rico, March 11, 2014. Credit: Ana Martinez/Reuters

Our Thursday Sociedad Media Now newsletter on developing economic and political constraints in Peru & Puerto Rico’s migration concerns.

Everyday Life & Economy

SOUTH AMERICA

Residents shop for groceries in Lima, Peru in July 2018. Credit: Mariana Bazo/Reuters

Peru’s Two Realities: Record Metal Prices, a Security Emergency & an Economy Slow To Bloom

LIMA, PERU — Peru enters the second half of 2026 as a study in contrasts: gold and copper trading near record prices, growth forecasts revised upward, and yet metallic mining output barely moving despite the windfall.

Meanwhile, Pisco province just entered its second state of emergency of the year over extortion and homicide, part of a national crisis touching an estimated six million Peruvians — a reminder that Peru’s informal, under-taxed economic model may be feeding the very crime wave now overwhelming its provinces, a tension president-elect Keiko Fujimori inherits the moment she takes office July 28.

Read more here →

Everyday Life & Economy

CARIBBEAN

Rescued migrants escorted along the shore off Mona Island, west of Puerto Rico, on 28 July 2022. Credit: AP

An Island Shrinking: Puerto Rico’s Labor Crisis as Migration Squeezes Wages

PUERTO RICO — Federal agents apprehended 37 undocumented migrants off the coast of Puerto Rico in a single day this July 20, part of a broader pattern of maritime interdictions throughout the year.

Beneath the enforcement headlines lies a deeper economic story: as low-skilled Puerto Ricans leave the island in large numbers for the mainland, low-wage migrant labor from the Dominican Republic, Haiti, and elsewhere may not be actively suppressing wages so much as quietly filling the gap they leave behind — keeping wages stagnant rather than letting them rise, even as the migrants themselves remain a notably disadvantaged population.

Full story here →

Everyday Life & Economy

Sociedad Media

Sociedad Media

Staff at Sociedad Media

All articles

More in Sociedad Media Now

See all

More from Sociedad Media

See all