IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL5.11▲ 0.02% USD/MXN17.48▲ 0.03% USD/CLP923.90▼ 0.41% USD/COP3,237▼ 0.27% USD/PEN3.41▲ 0.44% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.37% USD/PYG6,055▲ 1.45% USD/BOB10.14▲ 4.01% USD/DOP58.61▲ 0.22% USD/CRC448.82▲ 1.41% USD/GTQ7.63▲ 2.31% USD/HNL26.72▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.40% USD/TTD6.75▲ 1.44% EUR/BRL5.82▲ 0.08% BRENT 78.29 ▲ 3.00% WTI 73.47 ▲ 2.88% IRON ORE 161.91 — — COPPER 6.26 ▲ 0.36% GOLD 4,082 ▼ 0.54% SILVER 59.26 ▼ 0.92% SOY 1,195 ▼ 0.17% CORN 466.25 ▲ 6.45% WHEAT 640.50 ▲ 1.34% COFFEE 311.05 ▼ 9.31% SUGAR 14.72 ▼ 1.08% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.98 ▲ 1.33% COCOA 6,100 ▼ 3.31% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,130 ▼ 0.99% ETH 1,790 ▼ 0.85% SOL 76.69 ▼ 0.24% XRP 1.08 ▼ 0.49% BNB 570.02 ▼ 0.68% ADA 0.16 ▼ 0.84% DOGE 0.07 ▼ 0.17% AVAX 6.52 ▲ 1.84% LINK 8.00 ▲ 0.05% DOT 0.84 ▼ 0.97% LTC 43.97 ▲ 0.00% BCH 239.21 ▼ 0.31% TRX 0.33 ▼ 0.43% XLM 0.18 ▼ 1.18% HBAR 0.07 ▲ 0.29% NEAR 1.92 ▲ 1.87% ATOM 1.55 ▼ 1.22% AAVE 95.68 ▼ 1.42% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,440 ▲ 0.35% USD/ZAR16.34▲ 0.09% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,198 ▼ 0.04% KOSPI 6,807 ▼ 8.95% JCI 5,954 ▲ 0.50% USD/JPY162.08▲ 0.22% USD/CNY6.78▲ 0.05% DAX 25,085 ▲ 0.07% CAC 8,326 ▼ 0.15% FTSE 10,485 ▼ 0.12% MIB 52,637 ▲ 0.04% IBEX 19,349 ▼ 0.18% STOXX 639.84 ▼ 0.20% EUR/USD1.14▲ 0.37% GBP/USD1.34▲ 0.10% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 16.28 ▲ 8.32% USD/CAD1.41▼ 0.20% US10Y 4.5690 ▲ 0.66% IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 ▲ 0.02% USD/MXN 17.48 ▲ 0.03% USD/CLP 923.90 ▼ 0.41% USD/COP 3,237 ▼ 0.27% USD/PEN 3.41 ▲ 0.44% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.37% USD/PYG 6,055 ▲ 1.45% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.61 ▲ 0.22% USD/CRC 448.82 ▲ 1.41% USD/GTQ 7.63 ▲ 2.31% USD/HNL 26.72 ▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.40% USD/TTD 6.75 ▲ 1.44% EUR/BRL 5.82 ▲ 0.08% BRENT 78.29 ▲ 3.00% WTI 73.47 ▲ 2.88% IRON ORE 161.91 — — COPPER 6.26 ▲ 0.36% GOLD 4,082 ▼ 0.54% SILVER 59.26 ▼ 0.92% SOY 1,195 ▼ 0.17% CORN 466.25 ▲ 6.45% WHEAT 640.50 ▲ 1.34% COFFEE 311.05 ▼ 9.31% SUGAR 14.72 ▼ 1.08% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.98 ▲ 1.33% COCOA 6,100 ▼ 3.31% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,130 ▼ 0.99% ETH 1,790 ▼ 0.85% SOL 76.69 ▼ 0.24% XRP 1.08 ▼ 0.49% BNB 570.02 ▼ 0.68% ADA 0.16 ▼ 0.84% DOGE 0.07 ▼ 0.17% AVAX 6.52 ▲ 1.84% LINK 8.00 ▲ 0.05% DOT 0.84 ▼ 0.97% LTC 43.97 ▲ 0.00% BCH 239.21 ▼ 0.31% TRX 0.33 ▼ 0.43% XLM 0.18 ▼ 1.18% HBAR 0.07 ▲ 0.29% NEAR 1.92 ▲ 1.87% ATOM 1.55 ▼ 1.22% AAVE 95.68 ▼ 1.42% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,440 ▲ 0.35% USD/ZAR 16.35 ▲ 0.05% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,198 ▼ 0.04% KOSPI 6,807 ▼ 8.95% JCI 5,954 ▲ 0.50% USD/JPY 162.11 ▲ 0.27% USD/CNY 6.7806 ▲ 0.21% DAX 25,085 ▲ 0.07% CAC 8,326 ▼ 0.15% FTSE 10,485 ▼ 0.12% MIB 52,637 ▲ 0.04% IBEX 19,349 ▼ 0.18% STOXX 639.84 ▼ 0.20% EUR/USD 1.1442 ▲ 0.20% GBP/USD 1.3399 ▲ 0.01% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 16.28 ▲ 8.32% USD/CAD 1.4136 ▼ 0.11% US10Y 4.5690 ▲ 0.66%
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Peru Politics - Brazil

Peru elections: Keiko Fujimori, in spite of everything, is the model for saving the “model”

By · June 1, 2021 · 4 min read

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RIO DE JANEIRO, BRAZIL – Few of the millions of Peruvians who will vote for Keiko Fujimori this Sunday, Juni 6, will do so with pleasure, as the candidate is often pointed out as a paradigmatic example of all the bad practices of politics in Peru, now reconverted into the hope to save the economic and social “model” established by her father, a disgraced former President.

In few places would it be feasible that a candidate facing charges of criminal organization and money laundering, for which the prosecution is asking for 30 years in prison, and who is on the verge of a trial that she will only avoid if she becomes president and obtains legal immunity, is close to winning a democratic election.

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Keiko Fujimori. (Photo internet reproduction)
Keiko Fujimori. (Photo internet reproduction)
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Even less likely is it that the candidate spent more than a year in prison (October 2018- May 2020) because the court feared she would interfere, using her political network, in the investigations against her.

Having had direct responsibility in the institutional and political crisis that Peru experienced during the last five years as a result of the destabilizing and obstructionist work that the Popular Force party did from the Congress under her strong leadership, is not a good letter of introduction.

Read also: Peru’s presidential runoff: Pedro Castillo, the conservative rural teacher calling for radical change

Nor does it help that almost no one, according to the polls, trusts her word. Or that she unwaveringly vindicates the authoritarian government, the result of a coup d’état by her father, Alberto Fujimori (1990-2000), who installed the country in a cesspool of corrupt practices from which it has not yet emerged.

Moreover, she denies the human rights violations for which her father was convicted and is still on trial -murders, forced sterilizations, among others-.

She has supported her father despite the fact that he allegedly ordered the kidnapping and torture of her mother, while she set a political trap for her brother Kenji, for which he may go to prison.

And yet Fujimori, in a tribute to her political resilience and the particular situation in which the country finds itself – ravaged by Covid-19; immersed in a pressing economic crisis; and with a population exhausted and enraged by the failures of its political class – has a real chance of assuming the presidency after her failures to do so in 2011 and 2016.

POLITICAL VETERAN

Fujimori, 45 years old, and with university studies in business administration in the U.S., is an illustrious veteran of the country’s politics, in whose center she has lived since she was a child.

She is also aware of the fact that her biggest rival for the presidency – which she is contesting with leftist candidate Pedro Castillo – is herself.

Trained in the experienced cadres of Fuerza Popular and backed unanimously and without counterweights by the entire economic and social right-wing, and by the great majority of the media, in this second round Fujimori is not asking people to vote for herself. She is asking them to vote for Peru and against “communism”.

The conspicuous orange capital K that has been her slogan for years has been transformed into a Peruvian national soccer team jersey, and her only clear program is “the defense of the economic model” against Castillo, who proposes a complete transformation of the system established by the elder Fujimori in 1993.

Many Peruvians have joined this chorus, including her former “archenemy” Mario Vargas Llosa, who now sees less danger in this political survivor than in the rural schoolteacher who also aspires to the presidency.

In this struggle, Fujimori’s murky past has ceased to exist and promises such as respecting the rule of law, human rights, and not interfering in the investigations against her, are now somehow worthy of trust.

POPULISM

Keiko is married to American Mark Vito, one of her major public supporters, who is also under investigation for corruption offenses; she is the mother of two girls aged 11 and 13.

Her family profile became more relevant during her time in prison between 2018 and 2020, from where she came out placing even more emphasis on the policies of conservative evangelical Christianity, hostile to gender-focused policies, sex education in schools, and the expansion of rights for sexual minorities.

Despite her defense of the “model”, Fujimori has not hesitated to launch clearly populist economic proposals to multiply handouts or give part of the mining royalties directly to the population, measures that until recently the entire economic “status quo” that now supports her would have paradoxically branded as radical, “communist” and dangerous.

Fujimori also promised to end confinement to control Covid-19 and to lift quarantines to facilitate the recovery of the economy and the reactivation of all productive activities.

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