• Business

    Impeachment Loses Steam in Peru But Finance Chief Still at Risk

    (Bloomberg) — Peruvian President Martin Vizcarra seemed poised to survive impeachment proceedings after opposition lawmakers said they would back away from initial efforts to oust him to avoid escalating a political crisis amid a devastating pandemic. Pro-impeachment leaders who accuse Vizcarra of trying to obstruct a graft probe said they still want him investigated but would no longer support his ouster after a local website reported head of congress Manuel Merino, first in line to replace the president, may have sought the support of the military to remove him from office. The government was quick to seize on the report, which stirred memories of the country’s past dictatorships, with Cabinet…

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  • Business

    Peru Considers Legal Action to Halt Impeachment Proceedings

    (Bloomberg) — The push to impeach Peru’s president over a graft case took a new twist after the government said it may ask the country’s top court to halt the process, and a local report said the head of congress sought to obtain military support for the president’s ouster. President Martin Vizcarra’s cabinet is meeting Saturday to discuss filing an injunction against the impeachment motion at the Constitutional Court, Justice Minister Ana Neyra told RPP radio. The government may also ask it to rule on the grounds for impeaching the president. Congress voted late Friday to start the process that may remove Vizcarra from office, throwing the country in political…

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