06 June 2012

PERU: Anti-Mining Movement Undermining Humala.

http://af.reuters.com/article/commoditiesNews/idAFL1E8H5L5520120605?sp=true


      Some of President Ollanta Humala's longtime supporters are deserting him...as they claim he is drifting to the right by supporting big business...and increased mining efforts.
      Recent conflicts may threaten $50 billion of new investments.
      Humala's own father calls him a 'sellout'...and his presidency a 'failure'.
      The recent defections from his party...may weaken Humala's ability to govern.
      But Humala still has an approval rating of 50%.