24 March 2011

PERU: 25 Mar UPDATE: Toledo's Popularity In Free Fall; Fujimori In Virtual 1st Place Tie; Investors Dump Bonds Over Humala Mining Renegotiation Threats; Humala Profiled.

M.PRESS

   Just two weeks before the election, ex-president Alejandro Toledo and Keiko Fujimori (pictured)
 the daughter of former president Alberto Fujimori, are virtually tied with 20.5% and 20% in recent polls.
    Toledo's lead has melted away,losing 7.9 percentage points in the last three weeks.
    Pollster Manuel Saavedra believes the volatility is because the electorate is fed up with the aggressive, abusive campaigns that target private lives.
“Three week ago Toledo had a comfortable lead over his closest runner up but since he was the favourite all fire concentrated on his private life with the most unbelievable claims”, said Saavedra.

 AND: UPDATE:
   Peru's bonds are being dumped after surging leftist Humala said he would renegotiate energy and mining contracts with foreign companies if he wins next month’s vote. “We must recover sovereignty over Peru’s natural resources because the multinationals now own our gas and prefer to sell it abroad,” he told BLOOMBERG. “There must be a mining windfall tax as the current model isn’t sustainable.”
    Humala lost the 2006 runoff to current President Garcia by 5 percentage points. In 2000, he seized Southern Copper’s Toquepala mine to protest the corruption of President Fujimori, who later fled into exile.
http://www.bloomberg.com/news/2011-03-25/chavez-ally-humala-says-will-seek-to-renegotiate-peruvian-energy-contracts.html

ALSO: HUMALA profiled.
REUTERS claims that Humala, 48, is trying to transform his image from radical...to trustworthy family man.
"The problem (before) with Humala was that he had terrible advisors. Now you can see that it's a smart campaign," said an observer.
http://www.reuters.com/article/2011/03/25/us-peru-election-humala-idUSTRE72O4HI20110325