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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI INTERVIEW2: Poland To Push For EU Defence Fund
Congress Sets December 07 Date For Castillo Impeachment Debate
- Peru’s congress approved impeachment proceedings against President Pedro Castillo, the third attempt to remove him since he took office less than 18 months ago.
- The vacancy motion against Castillo was admitted for debate with 73 votes in favour for vacancy, 32 against and 6 abstentions. Furthermore, it was agreed by 59 votes that the Congress is to debate and vote on the presidential impeachment next Wednesday, December 7th. For the President to be removed from first office, 87 votes are required, requiring an additional 14 from yesterday’s total.
- JPMorgan reiterate that if all lawmakers representing center parties align in favor of the vacancy, another 11 votes would be added, reaching 84, so still short of the required majority. That said, the fluid political situation, the fragility of the Executive, and the support of the Constitutional Tribunal to the Congress in terms of confidence motion interpretation, make the outcome of the vote uncertain.
- In case President Castillo is impeached, Article 115 of the Constitution establishes that the First Vice President, Dina Boluarte, assumes the first office.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.