Street Calls of the Week
Investing.com -- Peru’s Congress impeached President Dina Boluarte on Friday on grounds of "moral incapacity," continuing a pattern of political instability in the Andean nation.
Jose Jeri, the head of Congress, has assumed the presidency, becoming Peru’s seventh president since 2018. The impeachment was led by opposition lawmakers using a legal mechanism that has previously been employed to remove other Peruvian presidents.
Boluarte had been facing accusations of human-rights abuses and corruption while struggling to address a worsening security crisis in the country. Her popularity had plummeted to extreme lows, with only 2.5% public support in September, according to polling firm CPI, placing her among the world’s least popular leaders.
The ousted president initially came to power in December 2022, when she succeeded her predecessor Pedro Castillo. Castillo, a left-wing politician who had selected Boluarte as his vice president, was himself removed from office by Congress after attempting to dissolve the legislature and rule by decree.
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