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Peru's Humala Prioritizes Foreign Investment With Cabinet Reshuffle

Wednesday, Dec. 14, 2011

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. ...

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