Wall Street Veteran Edging Ahead in Peru’s Presidential Vote

BloombergFormer finance minister and Wall Street veteran Pedro Pablo Kuczynski has a slender lead in Peru’s presidential election, though the margin remains too narrow to call victory.
Kuczynski won 50.5 percent of votes compared with 49.5 percent for Keiko Fujimori with 90 percent of ballots counted, according to Peru’s electoral office. The result is in line with the broad tally of votes from across the country by Ipsos and GfK.

Kuczynski, 77, has promised to apply decades of financial and public service experience to spur employment and infrastructure investment in the Latin American nation. His candidacy is supported by voters concerned Fujimori, 41, may follow in the footsteps of her father Alberto, who is serving jail sentences for corruption and authorizing death squads during his 1990 to 2000 government.

Speaking from the balcony of his campaign headquarters in Lima on Sunday evening, Kuczynski told supporters he took the early results with “optimism and modesty,” and urged them to wait for the official count. Fujimori told her supporters it was too early to name a winner. …

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During the last several decades, the United States has invested billions of dollars in trying to help the governments of Latin America and the Caribbean deliver better lives for their citizens. This has meant helping them increase internal security by combating the illicit growing and trafficking in narcotics and the activities of terrorist groups, as well as helping them to shore up their democratic and free market institutions.

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