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2 Screen Read...Combined
Keiko Fujimori is within reach of becoming Peru's first female president.
Various polls have her around second place in Sunday's election...enough to qualify for a June runoff...if no candidate gets a simple majority.
Keiko, 35, still carries the baggage of her father Alberto, Peru's president in the 1990's.
Fujimori is a man both admired and hated, who fled to Japan after a corruption scandal.
Nobel literature laureate Mario Vargas Llosa raised the election's level of antipathy...when he compared a runoff choice between leftist/nationalist Ollanta Humala or Keiko Fujimori...to choosing...cancer or AIDS.
AND: Peru's debt default swaps have soared to a 5-yr highs...with Ollanta Humala's (pictured below) 26% lead in Sunday's presidential election. Humala was in fourth place in polls a month ago.
“While everyone had expected this to be a non-event election, we were proven wrong,” said HSBC strategist Marjorie Hernandez. “The market was not positioned that way. Everyone was long Peru everything.”
http://www.bloomberg.com/news/2011-04-06/ex-rebel-humala-sparks-increase-in-default-swaps-before-election.html
