11/29 Closing prices / revised 11/30/2023  08:05 GMT 11/29    OPEC Basket    83.89 +0.49 | 11/29    Mezcla Mexicana de Exportación   Mexico Basket (MME)   $74.39  +1.37  | 10/31     Venezuela Basket (Merey)  $72.54  – 3.00  (Source: Economia Hoy)  | 11/29    NYMEX WTI Texas Intermediate January CLF24   $77.86 +1.45    | 11/29    ICE Brent January  BRNF24   $83.10   +1.42  | 11/29    NYMEX Gasoline December  RBZ23    $2.28   +2.4% | 11/29     NYMEX  Heating Oil  December HOZ23   $2.89  -0.6% | 11/29     Natural Gas January NGF24    $2.80 -1.2%  | 11/22    Active U.S. Rig Count (Oil & Gas)    622     +4    | 11/30     USD/MXN Mexican Peso  17.2702 (data live  | 11/30   EUR/USD    1.0954  (data live)  | 11/30    US/Bs. (Bolivar)   $35.49390000  ( data BCV)    |      

Peru’s President Boluarte Says She’ll Remain in Power Until 2026 -Bloomberg

  • Boluarte came to power saying she’d call for early elections
  • Peru is notorious for ousting presidents and then jailing them
Dina Boluarte
Dina Boluarte (Sebastian Castaneda/Bloomberg)

Marcelo Rochabrun, Bloomberg News

Energiesnet.com 06 16 2023

Peru’s President Dina Boluarte plans to stay in power until 2026, she said in her first explicit statement on the issue since congress rejected her proposal to bring elections forward to this year. 

“That issue of bringing elections forward is closed, we will keep working responsibly” until July 2026, Boluarte said in a press conference in Lima on Thursday.

If she manages to stay in power, Boluarte would have served longer than her five most recent predecessors. 

Peru, however, is notorious for its high presidential turnover and for imprisoning former leaders. Boluarte is Peru’s sixth president since 2016 and is facing a criminal investigation in connection with the deaths of close to 60 civilians amid protests seeking her ouster. Human rights organizations have called some of the deaths extra-judicial executions. Currently, three former Peruvian presidents are jailed in a purpose-built facility. 

Read More: Peru’s Growth Falls Short of Even the Most Pessimistic Forecast

The current presidential term started in July 2021 and should run until July 2026. Boluarte was serving as vice president but came to power when then-President Pedro Castillo was impeached and arrested after attempting to illegally dissolve congress. While Castillo oversaw a left-wing administration, Boluarte has governed in alliance with conservative parties that control congress. 

She remains highly unpopular, however, with a 14% approval rating, according to an Ipsos poll this month. 

Protesters demanding Boluarte’s resignation wrecked the economy earlier this year, blocking roads that disrupted the mining, agricultural and tourism sectors leading to Peru’s first quarterly contraction since the pandemic. The economy has struggled to recover since then. 

bloomberg.com 06 15 2023

Share this news

Support EnergiesNet.com

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas, Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com

CopyRight©1999-2021, EnergiesNet.com™  / Elio Ohep – All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the material.

Scroll to Top