Q & AThe Americas

Peru’s Humala Prioritizes Foreign Investment With Cabinet Reshuffle

Reacting to violent protests opposing the $4.8 billion Conga mining project in the state of Cajamarca, Peruvian President Ollanta Humala declared a state of emergency last week before replacing more than half of his cabinet and swearing in a new prime minister over the weekend.

Michael Shifter, president of the Inter-American Dialogue, told Trend Lines that these developments reflect a shift in Humala’s sympathies and strategies. The president is looking to reassure foreign investors, Shifter said, even if that means isolating leftist supporters.

“It is hard to interpret this any way other than as a break from the left,” he added.

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