IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL5.07▼ 0.02% USD/MXN17.31▼ 0.22% USD/CLP 930.47 — 0.00% USD/COP3,148▼ 0.08% USD/PEN3.39▼ 0.06% USD/ARS1,485▼ 0.03% USD/UYU 40.20 — 0.00% USD/PYG 5,931 — 0.00% USD/BOB 12.10 — 0.00% USD/DOP58.11▲ 0.21% USD/CRC 448.40 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.76 — 0.00% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.19% USD/TTD6.72— 0.00% EUR/BRL5.85▲ 0.07% BRENT 90.12 ▲ 1.22% WTI 80.09 ▼ 5.41% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.42% GOLD 4,111 ▲ 1.54% SILVER 58.19 ▲ 1.04% SOY 1,181 ▲ 0.79% CORN 461.00 ▲ 4.59% WHEAT 636.00 ▼ 0.51% COFFEE 313.55 ▼ 2.94% SUGAR 14.65 ▲ 1.52% ORANGE JUICE 153.35 ▲ 5.03% COTTON 81.20 ▲ 2.25% COCOA 5,537 ▲ 8.31% BEEF 227.25 ▼ 1.72% CATTLE 343.78 ▼ 0.78% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.35% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 ▲ 0.79% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 655.50 ▲ 1.16% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 296.00 ▼ 0.34% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 63,100 ▲ 0.54% ETH 1,865 ▲ 1.17% SOL 73.00 ▲ 1.58% XRP 1.07 ▲ 1.37% BNB 585.62 ▲ 1.85% ADA 0.19 ▲ 6.71% DOGE 0.07 ▲ 1.44% AVAX 6.48 ▲ 4.78% LINK 8.31 ▲ 3.12% DOT 0.79 ▲ 1.34% LTC 44.56 ▲ 0.85% BCH 211.62 ▲ 1.78% TRX 0.33 ▼ 0.45% XLM 0.17 ▲ 0.69% HBAR 0.07 ▲ 0.37% NEAR 1.70 ▲ 1.58% ATOM 1.26 ▲ 3.03% AAVE 91.49 ▲ 1.07% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71% EGX 54,286 ▲ 1.23% USD/ZAR16.48▼ 0.44% USD/NGN 1,364 — 0.00% NIKKEI 63,400 ▼ 1.49% CSI300 4,554 ▼ 0.74% HSI 25,812 ▼ 0.28% NIFTY 24,384 ▲ 0.27% KOSPI 6,352 ▼ 3.69% JCI 6,238 ▲ 0.04% USD/JPY156.42▼ 0.74% USD/CNY6.75▼ 0.02% DAX 25,629 ▲ 0.07% CAC 8,510 ▲ 0.28% FTSE 10,868 ▼ 0.27% MIB 52,173 ▲ 0.13% IBEX 19,783 ▲ 0.13% STOXX 649.19 ▼ 0.12% EUR/USD1.15▲ 0.06% GBP/USD1.35▼ 0.07% SPX 7,490 ▲ 0.70% DJI 52,485 ▲ 0.53% NDX 28,274 ▲ 0.60% RUT 2,931 ▼ 0.50% TSX 35,226 ▼ 0.79% VIX 15.99 ▼ 6.44% USD/CAD1.40▲ 0.09% US10Y 4.7450 ▲ 1.76% IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL 5.07 ▼ 0.02% USD/MXN 17.31 ▼ 0.22% USD/CLP 930.47 — 0.00% USD/COP 3,148 ▼ 0.08% USD/PEN 3.39 ▼ 0.06% USD/ARS 1,485 ▼ 0.03% USD/UYU 40.20 — 0.00% USD/PYG 5,931 — 0.00% USD/BOB 12.10 — 0.00% USD/DOP 58.11 ▲ 0.21% USD/CRC 448.40 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.76 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.56% USD/TTD 6.72 ▲ 0.86% EUR/BRL 5.85 ▲ 0.07% BRENT 90.12 ▲ 1.22% WTI 80.09 ▼ 5.41% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.42% GOLD 4,111 ▲ 1.54% SILVER 58.19 ▲ 1.04% SOY 1,181 ▲ 0.79% CORN 461.00 ▲ 4.59% WHEAT 636.00 ▼ 0.51% COFFEE 313.55 ▼ 2.94% SUGAR 14.65 ▲ 1.52% ORANGE JUICE 153.35 ▲ 5.03% COTTON 81.20 ▲ 2.25% COCOA 5,537 ▲ 8.31% BEEF 227.25 ▼ 1.72% CATTLE 343.78 ▼ 0.78% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.35% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 ▲ 0.79% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 655.50 ▲ 1.16% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 296.00 ▼ 0.34% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 63,100 ▲ 0.54% ETH 1,865 ▲ 1.17% SOL 73.00 ▲ 1.58% XRP 1.07 ▲ 1.37% BNB 585.62 ▲ 1.85% ADA 0.19 ▲ 6.71% DOGE 0.07 ▲ 1.44% AVAX 6.48 ▲ 4.78% LINK 8.31 ▲ 3.12% DOT 0.79 ▲ 1.34% LTC 44.56 ▲ 0.85% BCH 211.62 ▲ 1.78% TRX 0.33 ▼ 0.45% XLM 0.17 ▲ 0.69% HBAR 0.07 ▲ 0.37% NEAR 1.70 ▲ 1.58% ATOM 1.26 ▲ 3.03% AAVE 91.49 ▲ 1.07% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71% EGX 54,286 ▲ 1.23% USD/ZAR 16.48 ▼ 0.39% USD/NGN 1,364 — 0.00% NIKKEI 63,400 ▼ 1.49% CSI300 4,554 ▼ 0.74% HSI 25,812 ▼ 0.28% NIFTY 24,384 ▲ 0.27% KOSPI 6,352 ▼ 3.69% JCI 6,238 ▲ 0.04% USD/JPY 156.49 ▼ 0.58% USD/CNY 6.7500 ▲ 0.08% DAX 25,629 ▲ 0.07% CAC 8,510 ▲ 0.28% FTSE 10,868 ▼ 0.27% MIB 52,173 ▲ 0.13% IBEX 19,783 ▲ 0.13% STOXX 649.19 ▼ 0.12% EUR/USD 1.1537 ▲ 0.09% GBP/USD 1.3472 ▼ 0.11% SPX 7,490 ▲ 0.70% DJI 52,485 ▲ 0.53% NDX 28,274 ▲ 0.60% RUT 2,931 ▼ 0.50% TSX 35,226 ▼ 0.79% VIX 15.99 ▼ 6.44% USD/CAD 1.4033 ▲ 0.11% US10Y 4.7450 ▲ 1.76%
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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.

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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