Is Pedro Castillo’s Presidency Already Doomed?

By Andrea Moncada

With his Cabinet appointments, Peru’s new president may have planted the seeds of his own failure.

Pedro Castillo was finally sworn in as president of Peru on July 28, after more than a month of political uncertainty caused by Keiko Fujimori’s attempt to reverse the electoral results. During that time, it seemed the trepidation his election produced among several sectors of the population had perhaps been overblown: Castillo incorporated more moderate individuals to his team, like Pedro Francke, a left-wing economist who began to meet with investment banks to assure them that the new government would not endanger the country’s economic stability. This was seen as a sign that Castillo...

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