RIO DE JANEIRO, BRAZIL - In Lima, Peru's capital, concerns are growing among the small but powerful urban elite about the likely election of a virtually unknown socialist professor as president of the country.
Pedro Castillo is about to be declared president. With almost all the votes tallied, his lead over conservative rival Keiko Fujimori is small, but seems to be enough, although the final result could still take days or even weeks due to legal challenges.
During the campaign, Castillo pledged to sharply increase mining taxes in the world's second-ranked copper producer to finance social spending, and. . .