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Opinion: Business confidence collapses in Peru

By Luis Benavente

RIO DE JANEIRO, BRAZIL - (Opinion) Cumulative inflation in Peru has reached 8.62%. It is the highest level in 24 years since the El Niño phenomenon destroyed the Peruvian economy in 1998. In other words, the negative impact of Pedro Castillo's government on the country's economy is as devastating as the 1998 El Niño phenomenon.

And this is only the beginning, the result of . . .

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