News & Analysis

The firing of Petrozzi as culture minister

President Martín Vizcarra last week announced the firing of Francesco Petrozzi, the fifth minister to hold the post since Vizcarra took over from Pedro Pablo Kuczynski in March 2018. If Kuczynski’s mandate is included, that makes eighth ministers since 2016. This...

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Canon fodder: how the money from Camisea is spent

The town of Palma Real, indeed most of the district of Echarati in Cuzco where it is situated (the province of La Convención), stands as a monument to how not to pursue development. Under the canon scheme, half of the corporate income tax derived from the Camisea...

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The business world: corporate repentance?

Bad timing. The revelations about how top business executives illicitly funded the political campaigns of those they thought would benefit their interests came only days before the annual meeting of executives (CADE), this year in a big tent at Paracas near Pisco....

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…while Villanueva goes to jail

As Keiko stepped out of jail, another important figure, César Villanueva, stepped in. Villanueva was among those who appeared to have received large bribes from Odebrecht when he was governor of the San Martín region. He subsequently became prime minister during the...

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