Humala wants stability in Peru.

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CDNbigfoot

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Humala wants stability in Peru.

posted on Apr 18, 2011 09:57PM

I found this posted to a NEWS RELEASE on the Newmont Mining site. Keeping investors informed. They kinda know what they're doing over at Newmont. Anyway it looks like positive news re:Peru run-off.

(Reuters) - Nationalist presidential front-runner Ollanta Humala wants economic stability for Peru if elected in June and will not follow the path of left-wing leaders in Venezuela and Bolivia, his top advisor said on Wednesday.

Peru's benchmark stock index sank 6.2 percent and its sol currency weakened further on worries about Humala's first-round win on Sunday.

A former army officer turned populist, Humala will face right-wing lawmaker Keiko Fujimori in a run-off on June 5.

"This has nothing to do with (Venezuelan President Hugo Chavez), nothing to do with Bolivia," Humala's economic advisor, Felix Jimenez, told Reuters. "Economic stability is very important for consolidating growth."

http://www.reuters.com/article/2011/04/18/us-peru-election-exclusive-idUSTRE73H7FY20110418

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