Peripheral Revision

Unfiltering history as we live it

Left-wing nationalist Humala likely to win 1st round of Peru presidential election, face tougher 2nd round

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“an economic regime that has social justice as its objective” – Ollanta Humala

Humala extends lead in Peru presidential race

Reuters, April 1, 2011

Left-wing nationalist Ollanta Humala has extended his lead in Peru’s presidential race and former Prime Minister Pedro Pablo Kuczynski may now be in second place, polls showed on Friday before the April 10 vote.

Humala gained nearly 10 points to 24.3 percent in a poll by Lima’s Catholic University and he is now more than 5 points ahead of his nearest rival.

Humala’s rise has unnerved financial markets, though analysts say he has moderated many of his views and would likely lose a June 5 runoff that would be held if no candidate wins more than half the votes in this month’s election.

Trailing Humala were former president Alejandro Toledo, at 18.8 percent, and lawmaker Keiko Fujimori, at 18.4 percent…

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Hugo Chavez: Humala is a “good soldier”

Jorge Riveros-Cayo,, April 1, 2011

…”I know Ollanta, we have spoken in various opportunities. He was a good Peruvian soldier, who had a rebel gesture against Fujimori’s government. I think he went to the mountains with 20 soldiers, he did not seized military bases and there was no blooshed. He went to jail but was granted a pardon. Then he was sent abroad as a diplomat. he has a party (Nationalist Party), a project. Peruvian people will know whom to vote for,” said Chavéz in a television press conference.

Peruvian press has suggested that Chávez is financing Humala’s campaign, as happened during the presidential run in 2006.

Chávez defended his allied of the alleged press attacks, saying that Peru’s press tries to link them to “damage his campaign.” “Now everything started, they say those candidates are from Chávez. Watch out! They are trying to damage Ollanta’s candidacy,” he said.

Venezuela’s president denied he supports any candidate in Peru. He said he expects to have a good relation with whomever is elected president.

“Peru is from and for Peruvians. I love that country and let the Peruvian people decide who they want for president within a democracy,” said Chávez.

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Wait And See In Peru If Leftist Humala Makes First Round Elections – Fin Min

Sophie Kevany, Dow Jones Newswires, April 1 2011

Peru’s Finance Minister said Friday that if leftist presidential candidate Ollanta Humala wins a first round victory, the country will enter a “wait and see” period…

…Humala, a former military officer whose near win in the 2006 presidential elections rattled financial markets, favors greater state control over the economy.

Separately, consultants Eurasia Group said in a report Friday although it saw former president Alejandro Toledo as the most probable outright winner, a possible Humala administration “would most likely steer a path between the more radical economic policies of Venezuela’s Hugo Chavez and a mere repeat” of the current market friendly government.

Eurasia expects Humala would avoid breaking contracts and refrain from rewriting Peru’s constitution. Nevertheless, Humala would “most likely” increase taxes, spending and state control of the economy, “particularly in the natural resources sector,” Eurasia said.

The end result would be a “gradual deterioration on the current policy framework, but no radical shift,” Eurasia said.

Read the full article here


Written by peripheralrevision

04/02/2011 at 1:45 pm

Posted in Peru, Venezuela

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