Peru's New President Appoints A Marxist As His Prime Minister

The Guardian: Peru: new president appoints Marxist as prime minister

Appointment of Guido Bellido ends hopes of a moderate government and is likely to spook jittery investors

A day after being sworn in as Peru’s president, Pedro Castillo has appointed a far-left lawmaker and member of his Marxist party, Guido Bellido, as prime minister, ending expectations of a moderate government.

Beginning nearly three hours late, Castillo swore in an incomplete cabinet on Thursday night that included several figures from the far left and only two women. He did not appoint a finance minister, and Pedro Francke, the favourite for the post, was seen leaving the venue minutes before the ceremony began.

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WNU Editor: Here is an easy prediction. This new government is not going to be a moderate one.

More News On Peru's New President Appointing A Marxist As His Prime Minister

Peru's new Marxist PM says 'don't worry' as chances of radical policy shift rise -- Reuters

Peru's Castillo chooses leftist party colleague as PM -- CNA/AFP

Peru's Castillo names Marxist party member as PM, likely scaring investors -- Reuters

Peruvian Markets Extend Tumble With No Finance Minister in Sight -- Bloomberg

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