Post by MIC Worldwide

Keiko Fujimori has secured an insurmountable lead in Peru's presidential runoff, setting her on course to become the country's next president.   With only 40,213 votes left to count, Fujimori holds 50.11 percent against leftist rival Roberto Sanchez, a gap that cannot be closed. Peru's electoral authority has not yet made an official declaration and plans to do so in mid-July. Sanchez has alleged fraud without providing evidence and says he will not recognise the result, raising the prospect of a prolonged dispute.   The result follows Colombia's election of conservative outsider De La Espriella on Sunday and deepens what is becoming a clear regional pattern: voters across Latin America are turning to hardline candidates on the back of rising crime, extortion and insecurity.   Fujimori inherits a country that has cycled through eight presidents in as many years, none of whom completed a full term. Four former presidents are currently in prison. The institutional backdrop she walks into is as fragile as any in the region, and Sanchez's refusal to concede cleanly adds another layer of uncertainty to an already complex transition.   For companies operating in Peru, the policy direction should become clearer once the official result is confirmed. The immediate period carries political risk that warrants close monitoring.   Read more at: https://lnkd.in/dAf9SCDm   MIC Worldwide provides on-the-ground risk assessment and business intelligence across Latin America.   Contact us today: www.micww.com [email protected] +1 305 491-7579 (U.S. mobile) +549 11 6169-4787 (Argentine mobile)   #Peru #PoliticalRisk #LatinAmerica