Peru PM warns gas sector: pay higher taxes or face nationalization

Peruvian Prime Minister Guido Bellido on Sunday said that companies which exploit natural gas in Peru will need to agree to pay higher taxes or else face nationalizations, a sharp warning to the sector from the new leftist government. Bellido told Reuters in August that the government was planning to participate more deeply in the main industries,

European Union-style bloc pitched for Latin America, Caribbean

Latin American and Caribbean nations should aspire to a bloc like the European Union, Mexico’s president and other leaders said at a summit on Saturday, in a bid to wrest influence away from the Washington-based Organization of American States (OAS). For years, a few of the region’s leftist standard-bearers who attended the gathering of the

Peru: Pedro Castillo declared president

After over a month of uncertainty over election results, Peru’s election body confirmed socialist Pedro Castillo as the next president. Former school teacher Pedro Castillo has won the disputed election in Peru and will become the country’s next president, election officials said on Monday. The presidential vote, which had taken place on June 6, had been held up by claims

Peru: Fujimori cries electoral fraud – and unleashes torrent of racism

Claims of rightwing candidate, trailing Pedro Castillo in the polls, emboldens far right, who have vowed not to accept result The prospect of the son of illiterate Andean peasants becoming president as his rival cries fraud has shaken Peru’s entrenched class system and its fragile democracy, letting loose a torrent of racism in the bicentennial

Peru: Leftist Castillo wins popular vote in presidential race

Leftist candidate Pedro Castillo has won the most votes in Peru’s close-run presidential run-off election. With all ballots now counted, Mr Castillo has just over 50% of the votes – 44,000 more than right-wing contender Keiko Fujimori. But Mr Castillo cannot be declared the winner until electoral authorities have finished processing a slew of legal

Peru’s Castillo builds election lead but Fujimori says won’t concede yet

Peruvian socialist Pedro Castillo widened his lead against right-wing rival Keiko Fujimori in the country’s presidential vote on Monday, but she said she will not concede yet and alleged “irregularities,” although without showing much proof. The official count from Sunday’s election showed outsider candidate Castillo with 50.3% and Fujimori on 49.7%, with around 95% of the vote

Ipsos poll shows tie on eve of Peru’s election, with Fujimori slightly ahead

An Ipsos poll on Saturday afternoon showed Peru’s runoff presidential election still locked in a statistical tie, but right-wing candidate Keiko Fujimori is slightly ahead of leftist Pedro Castillo, by a 0.7 percentage point margin. Peruvians will head to the polls on Sunday in a bitterly divisive election that has pitted Fujimori, the daughter of