Peru's central bank holds key rate at 2.75 percent

LIMA, Nov 8 (Reuters) – Peru’s central bank set the benchmark interest rate at 2.75 percent for the ninth month in a row as sluggish economic growth and inflation are expected to quicken. The bank has signaled it would likely hold the country’s benchmark interest rate until next year unless an unexpectedly strong economic recovery spurs inflation before then. (Reporting […]

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Scandals, jail sink Peru's Fujimori dynasty again

LIMA (Reuters) – Peru’s Fujimori family has been here before. When Alberto Fujimori fled graft allegations and resigned Peru’s presidency by fax from Japan in 2000, many thought the family name and the right-wing populist brand he built during his decade in power were ruined. But his daughter Keiko, a Columbia Business School graduate who once served as his first […]

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Peru opposition leader Fujimori ordered back to jail by judge

LIMA (Reuters) – A judge on Wednesday ordered Peru’s opposition leader, Keiko Fujimori, back to jail pending a trial over allegations she used her conservative party to launder money for Brazilian construction company Odebrecht. The daughter of former President Alberto Fujimori and a twice-defeated presidential candidate, Fujimori has repeatedly denied wrongdoing and described the prosecution’s efforts to imprison her to […]

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Peru opposition vows to halt clashes as leader faces jailtime

LIMA (Reuters) – Peru’s most powerful conservative party vowed on Thursday to stop engaging in disputes with other political groups, a dramatic opposition shift that could help President Martin Vizcarra pass legislation. Once emboldened by its solid Congress majority won in the 2016 election despite losing the presidency, the party, Popular Force, is in crisis as its leader Keiko Fujimori […]

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Fugitive Peruvian judge captured in Spain

LIMA/MADRID (Reuters) – A fugitive Peruvian Supreme Court justice accused of leading a criminal group that infiltrated the country’s judicial system was captured in Madrid on Friday and held on remand by Spanish authorities. Judge Cesar Hinostroza’s escape to Spain through normal border exit points has embarrassed Peruvian President Martin Vizcarra, who has made fighting graft the top priority in […]

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Peru detains opposition leader's top advisers at political rally

LIMA (Reuters) – Peruvian police detained two top advisers of jailed opposition leader Keiko Fujimori at a political demonstration on Monday, deepening a crisis at the heart of the country’s most powerful conservative movement. Hundreds of people chanting “Keiko is innocent” marched through downtown Lima to protest against Fujimori’s arrest last Wednesday pending charges in a money laundering investigation. Ana […]

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Peru opposition leader detained, cries 'political persecution'

LIMA (Reuters) – Peruvian opposition leader Keiko Fujimori, the daughter of former autocrat Alberto Fujimori, was arrested on Wednesday as part of a far-reaching campaign financing probe, striking a fresh blow to the country’s most powerful conservative movement. The arrest came a week after a judge revoked a pardon for Keiko’s father, a rightwing populist who ruled Peru with an […]

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Peru opposition leader detained in money laundering probe: lawyer

LIMA (Reuters) – Keiko Fujimori, the daughter of former President Alberto Fujimori and leader of the opposition in Peru, was arrested on Wednesday as part of an investigation into money laundering, her lawyer told local news media. Keiko Fujimori was detained when she arrived at the state prosecutor’s office to testify about the case, which also includes allegations of illegal […]

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Peru annuls pardon and orders capture of former leader Fujimori

LIMA (Reuters) – A Peruvian judge on Wednesday annulled a presidential pardon granted to former authoritarian leader Alberto Fujimori late last year and ordered him to be immediately captured and returned to prison. Fujimori, 80, was pardoned for human rights crimes by former president Pedro Pablo Kuczynski last December, three days after Kuczynski narrowly survived an impeachment vote with the […]

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In Peru, Hitler runs for mayor despite threat from Lennin

LIMA (Reuters) – In Peru, Hitler hopes to return to power in a small town in the Andes, despite a threat from a detractor named Lennin. Campaign slogans reading “Hitler returns” and “Hitler with the people” have appeared around the highland town of Yungar, where local politician Hitler Alba is seeking a new term as mayor. “I’m the good Hitler,” […]

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