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Word Count: 935 He said Peru needs to recover sovereignty over its natural resources, renegotiate its free trade deals and said he’ll turn the official presidential residence — which is named after the Spanish conquistador Francisco Pizarro — into a museum. The speech contrasted with Castillo’s recent attempts to portray himself as a moderate, and the nation’s dollar bonds fell while he spoke. But he also pledged to respect the nation’s economic model and private property, and said the economy needs order and predictability to prosper. “A government of the people has arrived to ...

(Bloomberg) -- A former World Bank economist who believes in fiscal prudence and a Marxist neurosurgeon trained in Cuba are among those jockeying for influence over Pedro Castillo, the favorite to be Peru’s next president.

Peru Socialist Set to Face Fujimori in Battle of Extremes Bloomberg 2 hrs ago Matthew Bristow and Jim Wyss (Bloomberg) -- Peru’s next president will be either a little-known rural schoolteacher who vows to nationalize industries and rein in the media, or the polarizing right-wing daughter of a jailed strongman, herself out on bail for alleged corruption. With 92% of ballots counted after 18 candidates ran on Sunday, the runoff will almost certainly be between Pedro Castillo of the Free Peru party, who took 19.1% of the vote, and Keiko Fujimori, who got 13.4%. Fujimori, wit...

Prosecutors Probe ‘Vaccinegate’ Scandal Roiling Peru’s Elite Bloomberg 2/17/2021 Michael McDonald © Bloomberg A healthcare worker handles a box containing a dose of the Sinopharm Group Co. Covid-19 vaccine at a vaccination site inside the parking garage of the Guru Nanak Darbar Sikh Temple in Dubai, United Arab Emirates, on Monday, Feb. 8, 2021. Dubai plans to vaccinate all eligible adults by the end of the year, as the Middle East business hub uses a variety of shots and movement restrictions to contain the coronavirus. (Bloomberg) -- Peruvian prosecutors opened an...