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President Castillo Replaces Four Ministers As Political Crisis Deepens

PERU
  • Peru President Pedro Castillo replaced four ministers following a mining and fertilizer crisis in the country.
    • Alessandra Herrera was appointed mining minister after the government failed this week to reach a deal between MMG’s Las Bambas copper mine and indigenous communities. Congress was seeking to censure the previous minister, Carlos Palacios.
    • Castillo also appointed Javier Arce as Agriculture Minister, Juan Barranzuela as Transport Minister and Dimitri Senmache as Interior Minister
  • Peru’s GDP is expected to have risen 3.8% in 1Q from the year earlier, up from 3.2% previously.
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