Kuczynski Warns of Chaos as Peru Opposition Mulls Impeachment
(Bloomberg) -- Peru's President Pedro Pablo Kuczynski warned a new move to oust him would destabilize the country as opposition lawmakers consider sending a second impeachment motion to Congress as early as this week.
A new impeachment attempt would create “tremendous chaos,” Kuczynski said via Twitter Monday. He added there are no grounds for his ouster, and urged Congress to work with the government in the interests of the country.
The president faces the threat of a second impeachment attempt in less than three months as opposition parties accuse him of lying to Congress over alleged ties to the disgraced Brazilian builder Odebrecht SA. Daniel Salaverry, a lawmaker with Popular Force, told Canal N the party will take a decision Tuesday whether to support the motion being discussed with other parties. If approved, the motion could be presented to Congress Wednesday.
Still, support for impeachment among some members of the biggest opposition party has waned since the first attempt on Dec. 21. Twelve Popular Force lawmakers led by Kenji Fujimori have quit the party in recent weeks, the latest departure coming on Monday, which leaves it with 59 members. Kenji Fujimori has pledged support for the government and said last week he plans to set up his own party.
Other parties are also divided, including the Apra party. Mauricio Mulder, an Apra lawmaker told reporters that while he supports impeachment, he won't go against the majority view within the party. He added the motion should be voted after March 16, when Kuczynski is due to speak to a congressional committee investigating the so-called Carwash bribery scandal involving Odebrecht and other construction firms.
To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.net.
To contact the editors responsible for this story: Vivianne Rodrigues at vrodrigues3@bloomberg.net, Philip Sanders
©2018 Bloomberg L.P.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.