After the Fiasco

PERU - Report 01 Aug 2013 by Roberto Abusada and Fritz Du Bois (Peru)

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Executive SummaryPresident Ollanta Humala is trying to recover lost ground, on the heels of the Repsol fiasco that led to both a loss of business confidence and a weakening of his own approval ratings. So low have the president's ratings fallen that his wife Nadine Heredia, whose name we used to see in the headlines every day, has unexpectedly withdrawn from the public eye. Clearly this is a crisis for them both.Though he's desperately trying to recover lost ground—abruptly arranging meetings with business leaders, and announcing business-friendly measures, such as an initiative to cut red ...