United Front Intl
No Result
View All Result
Tuesday, February 7, 2023
  • Login
  • Register
  • Home
  • US
  • World
  • Politics
  • Coronavirus
  • Videos
  • Be in the Know
  • ShopNew
Contact us
United Front Intl
  • Home
  • US
  • World
  • Politics
  • Coronavirus
  • Videos
  • Be in the Know
  • ShopNew

No products in the cart.

No Result
View All Result
United Front Intl
No Result
View All Result
Home Politics

‘Caviar Cabinet’: Peru’s Marxist ruling party breaks with president

by admin
October 14, 2021
in Politics, World
‘Caviar Cabinet’: Peru’s Marxist ruling party breaks with president

President Pedro Castillo of Peru shakes hands with Mirtha Vasquez after her swearing-in as the country's new prime minister, in Lima, Peru, October 6, 2021. Peru Presidency/Handout via REUTERS

Share on FacebookShare on Twitter

Reuters
By Marco Aquino

LIMA, Oct 14 (Reuters) – Peru’s ruling Marxist party said on Thursday that the government of President Pedro Castillo has swerved towards the right and that it would withhold support for what it called a “caviar cabinet” in the opposition-dominated Congress.

Castillo, an elementary school teacher who won a shock election earlier this year running for the Peru Libre party, reshuffled his cabinet last week, replacing his far-left prime minister and other ministers with more moderate officials.

The shift towards the center has bolstered Peru’s financial markets but created a rift with the hard-core wing of his socialist party, foreshadowing a more hostile political arena ahead for Castillo who rode to power pledging major reforms.

The breakaway by his party, however, is unlikely to be enough to torpedo the new cabinet, with a fragmented Congress seen to be generally in favor of the more moderate make-up.

On Wednesday, the sol currency of the world’s No. 2 copper-producing country hit its strongest level since Castillo took office in late July. NL1N2R92KY

Castillo’s abrupt rise to the presidency had rattled markets and investors, concerned over his calls during the campaign for major reform of mining taxes and plans to redraft the market-friendly constitution.

However, his new prime minister, moderate left-wing lawyer Mirtha Vásquez, said constitutional change was not a priority. Castillo also recently confirmed that central bank chief Julio Velarde would stay in his role, signaling policy stability.

“There is an undeniable political turn of the government and its cabinet towards the center-right,” Peru Libre said in a statement on Twitter posted by party leader Vladimir Cerrón, a doctor and admirer of leftist governments in Cuba and Venezuela.

The party’s statement came after a national assembly of its leaders on Wednesday, Cerrón said.

Peru Libre has 37 representatives in Peru’s unicameral Congress of 130 legislators, the largest single party bloc. The right-wing and center-right parties, led by the party of former presidential candidate Keiko Fujimori, make up an opposition majority albeit in the assembly.

The Marxist party also announced plans to shake up its legislators in Congress, after some lawmakers from the group allied to the president signaled support for the reshuffle.

“We will not cast a vote of confidence in the caviar cabinet,” the party statement said, using a mocking term it often deploys against moderate, progressive leftists.

Vásquez will appear in Congress in the next few days to seek approval for her cabinet team.

Reporting by Marco Aquino; Editing by Adam Jourdan and Mark Heinrich

Related

ShareTweetSendSend

Related Posts

India: The Modi Question
Videos

India: The Modi Question

January 26, 2023
What is known about new Covid variant XBB.1.5?
Coronavirus

What is known about new Covid variant XBB.1.5?

January 17, 2023
Speaker McCarthy: A weakened leader or emboldened survivor?
Politics

Speaker McCarthy: A weakened leader or emboldened survivor?

January 8, 2023
House Speaker Kevin McCarthy Opening Remarks
Videos

House Speaker Kevin McCarthy Opening Remarks

January 8, 2023
Argentina vs. France: MINI-MOVIE of 2022 FIFA World Cup final
Videos

Argentina vs. France: MINI-MOVIE of 2022 FIFA World Cup final

December 20, 2022
January 6 committee: What’s next for Trump legally and politically
US

January 6 committee: What’s next for Trump legally and politically

December 19, 2022

My Cart

No Content Available

Categories

  • Be in the Know
  • Coronavirus
  • Politics
  • US
  • Videos
  • World

UnitedFrontIntl Store

My Account & Ordering
Cart
Checkout
Track My Order
Refund and Returns Policy
Privacy Policy
FAQs

Site Navigation

  • Home
  • Advertise
  • Contact Us
  • Jobs
  • About Us
  • Shipping Policy

Links

CNBC
Reuters

The New York Times
The Washington Post


Your tax-deductible gift is vital and will help us fund and maintain our website to bring you current news and information on a daily basis. Thank you in advance.

© 2022 United Front Intl

No Result
View All Result
  • Home
  • US
  • World
  • Politics
  • Coronavirus
  • Videos
  • Be in the Know
  • Contact Us
  • Advertisement
  • Shop

© 2022 United Front Intl

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In