Source: La Tercera

The Peruvian Presidential Runoff: The Race to the Center

Keiki Fujimori and Pedro Pablo Kuczynski (PPK) are going to face each other in Peru’s presidential election runoff. Local polls are divided on whether Kuczynski can defeat Keiko on June 5. Only thousands of votes will decide the winner, who will be the one that gets closer to the center in the political spectrum. Continue reading The Peruvian Presidential Runoff: The Race to the Center

Source: Washington Times

Latin America’s Headwinds: Economic Projections 2016 and 2017

The International Monetary Fund (IMF) updated its economic projections for the world. The Fund describe the months between this and its previous projections (October 2015) as a period characterized by volatility; weak growth in advanced economies; and continued headwinds for emerging market economies. This is the reason why global growth was revised downwards from 3.4% to 3.2% for 2016. Latin America was not the exception going from 0.8% to -0.5%. Continue reading Latin America’s Headwinds: Economic Projections 2016 and 2017