Uprisings Damning Growth

PERU - Report 29 May 2015 by Roberto Abusada

Executive SummaryThe anti-mining political movement has taken maximum advantage of President Ollanta Humala's mounting unpopularity, and staging a massive protest against the construction of the Tia Maria mining project. Though the government imposed a state of emergency, and has brought relative calm to the affected districts, leftist movements seem to be working to extend the conflicts, calling 48-hour protests in Arequipa, Cusco, Tacna and Puno. We think it will be very difficult to have this project built during Humala's term.Nor do we foresee improvement in business confidence for the ...

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