IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 ▲ 1.83% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL5.19▲ 0.04% USD/MXN17.01▲ 0.07% USD/CLP933.85▲ 0.25% USD/COP3,212▲ 0.33% USD/PEN3.36▼ 0.12% USD/ARS1,509▼ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.84▲ 0.51% USD/DOP58.64▲ 0.51% USD/CRC446.47▼ 0.04% USD/GTQ7.62▼ 0.02% USD/HNL26.84— 0.00% USD/NIO36.62▲ 0.14% USD/VES796.33▲ 0.29% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.01▲ 0.06% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 ▲ 1.83% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, September 1, 2026

Peru Politics - Brazil

Violence in Peru: “endless battle” announced

By · January 11, 2023 · 3 min read

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In southern Peru, leaders of deadly protests are poised for an “endless battle” against the government. The fighting, which has been going on for weeks, threatens to destabilize the deeply divided Andean nation.

At least 18 protesters were killed in the southern province of Puno on Monday (9th). It was the worst day of violence since Castillo’s failed December 7 coup that killed a total of 40 people in protests and 7 others in related accidents.

Anger in the southern Andes is likely to escalate, protest leaders told Reuters. This is a major risk for the companies of the world’s second largest copper producer, which is home to major mines such as MMG’s Las Bambas and Freeport-McMoRan’s Cerro Verde.

The demonstrators are demanding new elections later this year, an evacuation of Congress and a new constitution (Photo internet reproduction)
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“This is an endless struggle,” reiterated Edgar Chura, leader of the Puno Defense Front protest group ahead of Monday’s clashes, a view shared by other protest leaders who spoke to Reuters.

According to him, one of the main demands of the southern regions is the revision of the current pro-market constitution, which dates back to conservative President Alberto Fujimori in the 1990s and which he described as “the economic and political enemy of the people”.

The protests sparked by Castillo‘s ouster and arrest after illegally attempting to shut down Congress to avoid an impeachment trial have directed anger at incoming President Dina Boluarte and at the legislature, widely vilified as corrupt and self-serving.

The demonstrators are demanding new elections later this year, an evacuation of Congress and a new constitution. Boluarte, Peru’s first female president who was Castillo’s deputy, has tried to appease protesters by offering elections two years early, in early 2024. However, she says many of the protesters’ demands cannot be met.

Boluarte, who speaks Spanish, Quechua and is from a small town, seemed to be in some sort of grip on things as protests died down in recent weeks, partly due to the holiday season. But with the new explosion of violence, her government is now under pressure again.

She is caught between a hostile Congress and angry rural voters who see Castillo, a former teacher and son of peasant farmers, as their representative against the traditional political elite, even if he made mistakes. “He’s always had support and approval in the south, so there’s a sector that really feels like they’ve deposed the politician who represented them,” analyzed Jeffrey Radzinsky, director of political consultancy Grupo Fides Peru.

Southern Peru, a poor region rich in copper deposits, was key to Castillo’s unexpected rise to power in 2021, when Boluarte had been his vice presidential nominee.

Castillo gained support by promising to reform the constitution to redistribute more of the country’s copper wealth and empower marginalized indigenous groups. However, he largely failed due to allegations of corruption and protests. His arrest, however, has strengthened his following and belied his shortcomings, fueling popular anger against the political elite, whom many blame for the wide disparity between the prosperous coastal capital of Lima and inland provinces.

Boluarte has a low popularity rating of twenty-one percent – similar to Castillo before his impeachment – although Congress is even lower with support of just 13%, according to a recent poll by Ipsos Peru.

Prime Minister Alberto Otárola says the protests are being fueled by “black money” and foreign interests intent on destabilizing Peru. He stressed that 75 police officers were injured in Monday’s clashes and promised new security measures to restore order.

Protest leaders, meanwhile, said the government’s proposal to bring the elections forward to April 2024 is not enough.

With information from latinapress

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