11 April 2011

PERU: 12 April UPDATE: Humala Runs Away In First Round; Will Face Keiko In June.

    LINK CHANGE/ M.PRESS/

   Retired Colonel and nationalist Ollanta Humala (pictured above), 48, won the first round of the presidential election with 31.3% of the vote...and will face legislator Keiko Fujimori, daughter of disgraced and jailed ex- President Alberto Fujimori...on 5 June. Fujimori garnered 23.22%
    Former president Toledo badly trailed three other candidates.
    Is history prelude to the future?
    In 2006, Humala also won the first round of a presidential election...but lost the runoff to current President Alan Garcia...because many voters feared Humala would would change Peru into a mirror of Hugo Chavez's socialismo.
     The markets...were nervous. Stocks there fell...3%.
     Peru has put up 12 consecutive strong years of growth.
     Many wonder if Humala has really changed...or is just mouthing platitudes...to appease investors and voters.