IBOV 177,894.97 ▼ 0.06% IPSA 10,996.46 ▼ 0.48% IPC MEX 66,833.16 ▲ 0.20% MERVAL 3,188,971 ▼ 2.61% COLCAP 2,374.67 ▼ 0.42% BVL PERÚ 57,475.88 — — USD/BRL5.13▲ 0.77% USD/MXN17.25▼ 0.51% USD/CLP910.64▼ 1.60% USD/COP3,194▲ 1.92% USD/PEN3.38▼ 0.53% USD/ARS1,496▲ 0.12% USD/UYU40.19▲ 1.51% USD/PYG5,932▲ 1.71% USD/BOB12.03▲ 3.12% USD/DOP58.04▲ 1.56% USD/CRC446.90▲ 1.41% USD/GTQ7.62▲ 2.50% USD/HNL26.78▲ 1.90% USD/NIO36.62▲ 1.01% USD/VES750.21▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.61▲ 0.85% USD/TTD6.71▲ 1.12% EUR/BRL5.91▲ 1.05% BRENT 79.74 ▼ 4.81% WTI 75.98 ▼ 5.43% IRON ORE 161.91 — — COPPER 6.63 ▲ 1.75% GOLD 4,157 ▲ 3.05% SILVER 60.14 ▲ 4.28% SOY 1,177 ▲ 0.66% CORN 463.25 ▲ 3.12% WHEAT 636.00 ▼ 2.30% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.69 ▲ 3.28% PETR4 42.50 ▼ 1.28% VALE3 76.31 ▲ 2.24% ITUB4 42.10 ▼ 2.48% BBDC4 18.22 ▼ 1.68% ABEV3 15.87 ▲ 0.63% BBAS3 20.99 ▼ 1.32% B3SA3 15.70 ▲ 0.51% WEGE3 49.17 ▲ 2.01% PRIO3 58.45 ▼ 0.09% SUZB3 43.02 ▼ 0.19% RENT3 39.09 ▲ 2.60% AZZA3 16.04 ▼ 1.17% CSAN3 4.05 ▼ 1.22% RAIZ4 0.28 ▲ 7.69% PCAR3 2.75 — 0.00% GMAT3 3.95 ▼ 0.50% PSSA3 54.25 ▲ 0.46% CVCB3 1.38 ▼ 4.17% POSI3 3.50 ▼ 0.28% SLCE3 13.57 ▲ 1.65% NATU3 8.42 ▼ 0.94% BRKM5 5.83 ▼ 2.18% RANI3 8.34 ▼ 0.95% CSNA3 4.79 ▲ 6.21% CMIN3 5.91 ▲ 3.14% USIM5 7.52 ▼ 0.53% GGBR4 25.87 ▲ 0.94% ENEV3 27.16 ▲ 1.53% CPFE3 46.35 ▲ 0.52% CMIG4 11.28 — 0.00% EQTL3 39.21 ▲ 0.82% LREN3 13.67 ▼ 1.30% VIVT3 31.65 ▼ 2.01% RAIL3 14.12 ▼ 0.28% KLABIN 18.25 ▲ 0.05% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.40 ▲ 1.00% HAPV3 11.78 ▼ 1.09% FLRY3 17.49 ▲ 1.27% SMTO3 13.94 ▼ 3.06% UGPA3 32.60 ▼ 1.51% VBBR3 35.44 ▼ 1.91% BBSE3 42.07 ▲ 1.72% BPAC11 56.75 ▼ 0.65% CURY3 31.75 ▲ 0.95% AERI3 2.19 ▲ 1.86% VIVARA 22.60 ▼ 1.05% COMPASS 24.60 ▼ 1.99% VAMOS 3.33 ▲ 2.15% SANB11 29.10 ▲ 0.59% ASAI3 8.66 ▲ 1.29% SBSP3 28.01 ▲ 1.60% WALMEX 50.13 ▲ 0.68% GMEXICO 217.50 ▲ 2.44% FEMSA 218.19 ▲ 0.42% CEMEX 20.10 ▼ 2.43% GFNORTE 197.72 ▼ 0.46% BIMBO 61.07 ▼ 0.36% TELEVISA 9.60 ▼ 1.23% AMX 21.54 ▼ 0.32% GAP 382.00 ▲ 1.57% ASUR 276.31 ▼ 0.82% OMA 239.84 ▲ 4.11% KOF 187.55 ▲ 1.19% GRUMA 263.07 ▼ 0.34% KIMBER 40.31 ▲ 0.75% SQM-B 62,450 ▲ 0.87% COPEC 6,229 ▼ 1.78% BSANTANDER 79.40 ▼ 1.29% FALABELLA 6,260 ▼ 1.94% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,987 ▲ 1.64% CMPC 1,040 ▼ 0.95% BANCO CHILE 189.02 ▼ 1.80% LATAM AIR 25.45 ▲ 0.79% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,375 ▼ 2.27% TXAR 649.00 ▼ 0.84% ALUAR 933.00 ▼ 3.47% TGS 9,520 ▼ 3.74% CEPU 2,303 ▼ 2.83% MIRGOR 1,640 — 0.00% COME 41.92 ▼ 2.94% LOMA NEGRA 3,478 ▼ 3.07% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,335 ▼ 1.14% ECOPETROL 16.31 ▼ 1.78% BANCOLOMBIA 90.01 ▼ 1.21% GRUPO AVAL 5.20 ▼ 0.76% CREDICORP 392.12 ▼ 0.93% SOUTHERN COPPER 195.16 ▲ 4.98% BUENAVENTURA 32.26 ▲ 5.87% MERCADOLIBRE 1,889 ▼ 0.54% NUBANK 14.33 ▼ 0.76% XP 16.97 ▼ 0.35% PAGSEGURO 9.50 ▼ 1.04% STONE 11.23 ▼ 1.06% GLOBANT 38.13 ▲ 2.67% TECNOGLASS 46.25 ▼ 1.10% GAP AIRPORT 220.70 ▲ 1.17% ASUR 276.31 ▼ 0.82% OMA AIRPORT 111.00 ▲ 4.00% AMX ADR 24.88 ▼ 0.32% FEMSA ADR 126.28 — 0.00% CEMEX ADR 11.61 ▼ 1.94% PETROBRAS ADR 18.72 ▼ 1.78% VALE ADR 14.83 ▲ 1.71% ITAU ADR 8.19 ▼ 3.53% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.56% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.69 ▲ 2.16% BTC 64,404 ▲ 1.49% ETH 1,874 ▲ 0.82% SOL 74.14 ▲ 0.91% XRP 1.07 ▼ 0.06% BNB 602.28 ▲ 2.29% ADA 0.19 ▼ 0.56% DOGE 0.07 ▲ 0.12% AVAX 6.67 ▲ 1.65% LINK 8.16 ▼ 0.14% DOT 0.86 ▲ 4.11% LTC 45.18 ▲ 2.11% BCH 212.58 ▼ 0.25% TRX 0.33 ▼ 0.56% XLM 0.17 ▼ 2.07% HBAR 0.07 ▼ 1.77% NEAR 1.73 ▼ 0.41% ATOM 1.37 ▲ 0.98% AAVE 90.83 ▼ 1.57% SELIC 14.25% EMBRAER 90.51 ▲ 1.02% EMBRAER ADR 70.52 ▼ 0.59% JBS 13.61 ▼ 1.09% JBS BDR 70.07 ▲ 0.72% MBRF3 16.93 ▼ 4.35% MBRFY 3.27 ▼ 2.97% INTER 5.70 ▲ 1.24% EGX 54,502 ▲ 0.75% USD/ZAR16.36▼ 1.01% USD/NGN 1,360 — 0.00% NIKKEI 65,904 ▲ 3.04% CSI300 4,595 ▼ 0.13% HSI 25,809 ▼ 0.17% NIFTY 24,615 ▼ 0.64% KOSPI 6,568 ▲ 3.29% JCI 6,320 ▲ 1.37% USD/JPY157.61▲ 0.28% 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3.05% SILVER 60.14 ▲ 4.28% SOY 1,177 ▲ 0.66% CORN 463.25 ▲ 3.12% WHEAT 636.00 ▼ 2.30% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.69 ▲ 3.28% PETR4 42.50 ▼ 1.28% VALE3 76.31 ▲ 2.24% ITUB4 42.10 ▼ 2.48% BBDC4 18.22 ▼ 1.68% ABEV3 15.87 ▲ 0.63% BBAS3 20.99 ▼ 1.32% B3SA3 15.70 ▲ 0.51% WEGE3 49.17 ▲ 2.01% PRIO3 58.45 ▼ 0.09% SUZB3 43.02 ▼ 0.19% RENT3 39.09 ▲ 2.60% AZZA3 16.04 ▼ 1.17% CSAN3 4.05 ▼ 1.22% RAIZ4 0.28 ▲ 7.69% PCAR3 2.75 — 0.00% GMAT3 3.95 ▼ 0.50% PSSA3 54.25 ▲ 0.46% CVCB3 1.38 ▼ 4.17% POSI3 3.50 ▼ 0.28% SLCE3 13.57 ▲ 1.65% NATU3 8.42 ▼ 0.94% BRKM5 5.83 ▼ 2.18% RANI3 8.34 ▼ 0.95% CSNA3 4.79 ▲ 6.21% CMIN3 5.91 ▲ 3.14% USIM5 7.52 ▼ 0.53% GGBR4 25.87 ▲ 0.94% ENEV3 27.16 ▲ 1.53% CPFE3 46.35 ▲ 0.52% CMIG4 11.28 — 0.00% EQTL3 39.21 ▲ 0.82% LREN3 13.67 ▼ 1.30% VIVT3 31.65 ▼ 2.01% RAIL3 14.12 ▼ 0.28% KLABIN 18.25 ▲ 0.05% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.40 ▲ 1.00% HAPV3 11.78 ▼ 1.09% FLRY3 17.49 ▲ 1.27% SMTO3 13.94 ▼ 3.06% UGPA3 32.60 ▼ 1.51% VBBR3 35.44 ▼ 1.91% BBSE3 42.07 ▲ 1.72% BPAC11 56.75 ▼ 0.65% CURY3 31.75 ▲ 0.95% AERI3 2.19 ▲ 1.86% VIVARA 22.60 ▼ 1.05% COMPASS 24.60 ▼ 1.99% VAMOS 3.33 ▲ 2.15% SANB11 29.10 ▲ 0.59% ASAI3 8.66 ▲ 1.29% SBSP3 28.01 ▲ 1.60% WALMEX 50.13 ▲ 0.68% GMEXICO 217.50 ▲ 2.44% FEMSA 218.19 ▲ 0.42% CEMEX 20.10 ▼ 2.43% GFNORTE 197.72 ▼ 0.46% BIMBO 61.07 ▼ 0.36% TELEVISA 9.60 ▼ 1.23% AMX 21.54 ▼ 0.32% GAP 382.00 ▲ 1.57% ASUR 276.31 ▼ 0.82% OMA 239.84 ▲ 4.11% KOF 187.55 ▲ 1.19% GRUMA 263.07 ▼ 0.34% KIMBER 40.31 ▲ 0.75% SQM-B 62,450 ▲ 0.87% COPEC 6,229 ▼ 1.78% BSANTANDER 79.40 ▼ 1.29% FALABELLA 6,260 ▼ 1.94% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,987 ▲ 1.64% CMPC 1,040 ▼ 0.95% BANCO CHILE 189.02 ▼ 1.80% LATAM AIR 25.45 ▲ 0.79% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,375 ▼ 2.27% TXAR 649.00 ▼ 0.84% ALUAR 933.00 ▼ 3.47% TGS 9,520 ▼ 3.74% CEPU 2,303 ▼ 2.83% MIRGOR 1,640 — 0.00% COME 41.92 ▼ 2.94% LOMA NEGRA 3,478 ▼ 3.07% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,335 ▼ 1.14% ECOPETROL 16.31 ▼ 1.78% BANCOLOMBIA 90.01 ▼ 1.21% GRUPO AVAL 5.20 ▼ 0.76% CREDICORP 392.12 ▼ 0.93% SOUTHERN COPPER 195.16 ▲ 4.98% BUENAVENTURA 32.26 ▲ 5.87% MERCADOLIBRE 1,889 ▼ 0.54% NUBANK 14.33 ▼ 0.76% XP 16.97 ▼ 0.35% PAGSEGURO 9.50 ▼ 1.04% STONE 11.23 ▼ 1.06% GLOBANT 38.13 ▲ 2.67% TECNOGLASS 46.25 ▼ 1.10% GAP AIRPORT 220.70 ▲ 1.17% ASUR 276.31 ▼ 0.82% OMA AIRPORT 111.00 ▲ 4.00% AMX ADR 24.88 ▼ 0.32% FEMSA ADR 126.28 — 0.00% CEMEX ADR 11.61 ▼ 1.94% PETROBRAS ADR 18.72 ▼ 1.78% VALE ADR 14.83 ▲ 1.71% ITAU ADR 8.19 ▼ 3.53% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.56% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.69 ▲ 2.16% BTC 64,404 ▲ 1.49% ETH 1,874 ▲ 0.82% SOL 74.14 ▲ 0.91% XRP 1.07 ▼ 0.06% BNB 602.28 ▲ 2.29% ADA 0.19 ▼ 0.56% DOGE 0.07 ▲ 0.12% AVAX 6.67 ▲ 1.65% LINK 8.16 ▼ 0.14% DOT 0.86 ▲ 4.11% LTC 45.18 ▲ 2.11% BCH 212.58 ▼ 0.25% TRX 0.33 ▼ 0.56% XLM 0.17 ▼ 2.07% HBAR 0.07 ▼ 1.77% NEAR 1.73 ▼ 0.41% ATOM 1.37 ▲ 0.98% AAVE 90.83 ▼ 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Peru Regional

Tired of politicians, Peruvians skeptical ahead of close presidential election

By · April 8, 2021 · 4 min read

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RIO DE JANEIRO, BRAZIL – Peruvians will turn skeptically to a close presidential election disappointed by a recurring governance crisis, corruption cases against its last six heads of state, and the collapse of the economy due to the pandemic.

The world’s second-largest copper producer has at least five candidates fighting to advance to an April 11th runoff, with little support as a sign of distrust, while a majority of voters have yet to decide who to back, according to polls released over the weekend.

Peru has at least five candidates fighting to advance to a runoff election on April 11th, with low support a sign of distrust, while a majority of voters have not yet decided who to back. (Photo internet reproduction)
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Populist Yonhy Lescano, with a left-wing economic and social conservative profile, remains on top with just 12.1% according to the Ipsos firm, with liberal economist and former advisor to several governments Hernando de Soto, leftist Veronika Mendoza, former soccer goalkeeper George Forsyth, and right-wing Keiko Fujimori close on his heels.

The ultra-conservative Rafael López Aliaga, seen as the Peruvian version of Brazil’s Jair Bolsonaro, fell in the polls but could recover considering how volatile voters are.

“It is unprecedented in the history of Peru, since polls have been measured, that so few days before the elections the main candidates in their voting intentions have such a low percentage of support,” Jeffrey Radzinsky, a master in governance and public management, told Reuters.

Peru experienced one of its worst political crises in recent years in November with the removal of a president, the resignation of his successor, and another by Congress’s appointment, after fierce protests that left two dead in the midst of a resurgence of the coronavirus pandemic.

They are waiting for a savior. Although the uncertainty has since dissipated, the country is burdened with investigations of bribery and abuse cases by its leaders, which began in 1990 with the imprisoned former president Alberto Fujimori for violating human rights.

They were followed by Alejandro Toledo, who faces extradition from the United States; Alan Garcia, who committed suicide to avoid capture; Ollanta Humala, who wants to return to lead the country; former banker Pedro Pablo Kuczynski, in house arrest; and the ousted Martin Vizcarra, who is seeking a seat in Congress.

“There is skepticism and a lack of credibility in all politicians; there is no one who will tell you the truth,” said Rosario Chavez, a housewife, while shopping in a crowded Lima market despite restrictions due to the coronavirus.

Peru experienced one of its worst political crises in recent years in November with the removal of a president, the resignation of his successor, and the appointment of another by Congress. (Photo internet reproduction)

Added to this scenario of anger against the political class is a deep economic crisis, the worst in just over three decades with a drop of 11.12% last year, induced by an extensive quarantine in search of curbing the pandemic.

With hospitals saturated with COVID-19 patients, the arrival of vaccines in dribs and drabs, and a record number of infections and deaths in the second wave of the virus, Peruvians’ impotence and disgust towards their leaders seems to be growing.

“Peruvian voters are not only fed up with their politicians,” said political scientist Fernando Tuesta, of the private Pontifical Catholic University of Peru. “But every time the idea is renewed that someone different, who comes from outside politics or who has little experience, can open the way to a certain prosperity, and that has not happened,” the analyst added.

Most of the candidates are well-known personalities who have held public office or business people with electoral experience. Some have burst onto the scene with radical proposals. The first six candidates in the polls, except for the leftist Mendoza, are considered friends of the free market.

Necessary consensus. Uncertainty has hit the local currency, the sol, which trades at historically low levels against the dollar. However, it is also due to the external context amid fears of a pandemic’s global recrudescence.

“Weak support for any candidate and party is resulting in significant uncertainty, which is contributing to the depreciation of the Peruvian nuevo sol,” said a report on Peru last week from rating agency Fitch Ratings.

Sunday’s elections will also choose the 130 members of Congress, which is expected to be highly fragmented with left-wing, right-wing, and even religious positions, a horizon that the next president will have to deal with to reach agreements and implement his political agenda.

“It will not be easy,” said analyst Tuesta. “This is politics; these pacts are for governability and are necessary for democracy,” said Radzinsky.

Added to this anger scenario against the political class is a deep economic crisis, the worst in just over three decades with a drop of 11.12% last year. (Photo internet reproduction)

Some candidates have promised to eradicate corruption in the country of 33 million inhabitants, with proposals for the death penalty for officials who accept bribes or “civil death,” prohibiting them from working in a public entity.

Lopez Aliaga, of Opus Dei, has said he will expel from the country the Brazilian construction company Odebrecht, whose bribery scheme involved the last four governments.

The campaign has been austere, without rallies due to the pandemic’s limitations, although in the main streets of Lima and the country have proliferated huge posters with electoral propaganda. In the only official debate of candidates last week, social networks were filled with jokes about the postulants’ political differences and did not highlight their proposals.

“I don’t believe in politicians because they offer to get to power, (and) being in power the bribes begin. We want new people, one who is not muddy from politics,” said Raul Hernandez, a retiree walking through downtown Lima.

Source: America Economia

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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