Peru's step to fix political dysfunction
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Peru has had seven presidents in as many years, several of them impeached by a unicameral congress they did not control
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Political dysfunction drivers: 1) easy impeachment process, 2) fragmented congress, 3) deeply unpopular political class
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Congress has passed a first vote to re-establish an upper house (senate) which might make impeachments harder
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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