Peru gone left

[Shoulders?-Stomach!]

The Left have won in Peru in a narrow, but nevertheless historic defeat of the far right (in this case unequivocally far right).

For decades Peru has been a neoliberal pawn of the United States but now the socialist indigenous trade union leader, Pedro Castillo, has won on the promise of social justice, nationalization and directing the wealth of the country back to the poor.

Here is one of the many sullen reports flooding in from the mainstream media.

https://www.ft.com/content/bddb1bec-1c26-43d7-b465-08ad035169b

Peru went through among the harshest periods for Covid globally and you do wonder if discovering just how precarious life and quality of life there is has focused a few minds against the status quo.

[BlodwynPig]

Good stuff, now stop the mining.

[bgmnts]

Always liked that Peru.

[jobotic]

Yes good news. There can be an end to far-right criminal government.

Now watch as the US does it all it can to bring it all down.

[Butchers Blind]

Maybe Paddington can finally go home.

[EOLAN]

Is it official now. Seemed an extremely tight election so no doubt Fujimori potential jail time (as well as her father's) on the line. Great to see results sneak through.

Also; why is the western reporting of electoral results so often focused on the impact on stock prices and currency rates.

With Chile overturning the Pinochet constitution and the leftist party rightly retaining power after a coup in Bolivia; seems like US corporate power is potentially weakening. Just a shame about who is currently in charge of the powerhouse of Brazil.

[Shoulders?-Stomach!]

Also; why is the western reporting of electoral results so often focused on the impact on stock prices and currency rates

Because the right's main argument is about so called economic credibility. If the corporate interest and the financial markets can create capital flight they can subvert democracy by not even allowing a democratically elected leader an opportunity to implement their program, and 'prove' they were correct about their economic inadequacies, even though it is totally artificial.

It is what would have happened if Labour had won in 2017.

Sounds paranoid and conspiratorial, yet it happens so often it should barely be considered controversial.

[bgmnts]

Also; why is the western reporting of electoral results so often focused on the impact on stock prices and currency rates.

Money money money money money.

[BlodwynPig]

Money money money money money.

ABBA's dementia taking hold.

[dissolute ocelot]

The Guardian had a shitty article at the weekend on the theme of "leftist or corrupt far rightist, they're just as bad as each other". The media has been eulogising the neo-liberal Peruvian author-turned-politician Mario Vargas Llosa for decades because he's seen as a sensible centre-rightist who'll let the free market do its thing.

If Trump was still in power, I'd expect him to declare Fujimori the victor, but hopefully Biden can't be that shitty?

Castillo can only be an improvement. Peruvian politics is somewhat comic. Aside from a run of leaders being jailed for corruption or committing suicide to avoid being jailed, one of the main parties is the Agricultural People's Front of Peru, which sounds OK until you find it's a front for the Evangelical Association of the Israelite Mission of the New Universal Covenant, an insane Christian millennarian sect who claim to be something to do with the lost tribes of Israel and whose late leader was placed in a glass coffin in 2000 in expectation of his imminent resurrection. As yet, nothing.

[EOLAN]

Because the right's main argument is about so called economic credibility. If the corporate interest and the financial markets can create capital flight they can subvert democracy by not even allowing a democratically elected leader an opportunity to implement their program, and 'prove' they were correct about their economic inadequacies, even though it is totally artificial.

It is what would have happened if Labour had won in 2017.

Also; after the 2019 election you had plenty of coverage of the strengthening of the Pound, which had pretty much 80% corrected back to its original position within a couple of days but not a peep out of the press about that.

[Dex Sawash]

Don't blame me, I voted for titicaca party

[Pink Gregory]

when was it being reported that there was going to be a centre/far right coalition?

or was that a thing that didn't end up happening?

[Shoulders?-Stomach!]

https://theconversation.com/forcibly-sterilized-during-fujimori-dictatorship-thousands-of-peruvian-women-demand-justice-155086

Oh my fucking word