Friday, May 27, 2011

Perú 2012 Report by Oxford Business Group


If we want Perú's trajectory to continue upwards we must have a president who understands the importance of connected world economics. We must not slip backwards into the repeatedly failed old style regressive/repressive policies and politics of Chavez and Humala. This upcoming election is crucial to Perú's future and ability to lift all social and economic levels. Peru's share of the World's wealth awaits Perú. We must seize this opportunity now or lose decades of struggle and advancement toward First World status.


Read the country profile report at: The Report: Peru 2012


Comments posted here may be copied to the Peru-N-English Discussion Group site.

FOLLOW-UP

The majority of voters have it right. Here's a little follow-up to this post "Perú 2012 Report by Oxford Business Group":
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Peru’s Sol Bonds Rise to 7-Week High on Fujimori Poll Advance

Peru’s sol bonds rose to their highest level in seven weeks as polls showing rising support for Congresswoman Keiko Fujimori fueled bets she will win the country’s presidential runoff and spur foreign investment.

The yield on the nation’s benchmark 7.84 percent sol- denominated bond due August 2020 fell three basis points, or 0.03 percentage point, to 6.67 percent, according to prices compiled by Bloomberg. The bond’s price rose 0.20 centimos to 108.02 centimos per sol, the highest since April 8.

The sol rose to a three-year high on May 25 as opinion polls showed Fujimori extended her lead over ex-military rebel Ollanta Humala. Fujimori had 46.9 percent support in a May 22 poll by Datum Internacional published yesterday, and Humala had 41.8 percent. Humala, who topped the field in the first round of balloting last month, has pledged to renegotiate contracts with foreign companies and revise a free trade agreement with the U.S. if he wins the June 5 vote.

“An Humala victory now seems a lot less likely,” said Dirk Willer, head of Latin American local markets strategy at Citigroup Inc in New York. Demand for sol bonds has increased after the central bank intervened to stem a rally in the currency, spurring demand for other types for alternative investments.

The central bank bought ...

Read full article here at Bloomberg.com

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