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Sunday, 10 April 2011 - Peru ruling party backs ex-banker in election race |
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    Edition: U.S. Article Comments (0) Full Focus Photos of the week Our top photos from the past week.  Full Article  Follow Reuters Facebook Twitter RSS YouTube Read Budget deal avoids shutdown | 2:32pm EDT Lone gunman shoots six dead in Dutch shopping mall 4:46pm EDT WRAPUP 1-Japan's reactor operator apologises for radiation 11:13am EDT Steve Wozniak says would consider return to Apple 08 Apr 2011 Libya rebels repel attack on Misrata, Gaddafi appears | 4:34pm EDT Discussed 125 Reid says Republicans want shutdown to close clinics 122 U.S. to reach debt limit by May 16: Geithner 113 Obama, Congress struggle to find budget deal Watched Wall St. dominated by oil swing Fri, Apr 8 2011 Israel kills Hamas commander in strike Fri, Apr 8 2011 All hail Princess Catherine doll Fri, Apr 8 2011 Peru ruling party backs ex-banker in election race Tweet Share this By Marco Aquino LIMA (Reuters) - Peru's ruling party gave its backing to presidential candidate Pedro Pablo Kuczynski on Saturday, a day before Peruvians vote in the first round of an election that a left-wing nationalist is favored to... Email Print Related News Nigeria counts votes from delayed poll 3:43pm EDT Leftist Humala woos ethnic vote, widens lead in Peru Fri, Apr 8 2011 WEEKAHEAD-View from editors in the Americas Fri, Apr 8 2011 Deadly bombing mars new attempt at Nigerian poll Fri, Apr 8 2011 Peru run-off to pit Humala against Fujimori: poll Fri, Apr 8 2011 Analysis & Opinion Why a government shutdown is even possible Poll: Apportioning blame for the budget deadlock Related Topics World » Peru's presidential candidate Pedro Pablo Kuczynski speaks during a conference with the foreign press in Lima, April 8, 2011. Credit: Reuters/Mariana Bazo By Marco Aquino LIMA | Sat Apr 9, 2011 4:00pm EDT LIMA (Reuters) - Peru's ruling party gave its backing to presidential candidate Pedro Pablo Kuczynski on Saturday, a day before Peruvians vote in the first round of an election that a left-wing nationalist is favored to win. Kuczynski, a former Wall Street banker and prime minister, is one of three leading candidates with support from the business community who are vying for a spot in the expected June 5 run-off. One local pollster said the ruling party's backing boosted Kuczynski's chances for winning second place ahead of right-wing lawmaker Keiko Fujimori and former President Alejandro Toledo. Left-wing former army office Ollanta Humala heads the polls but he is not expected to secure the 50 percent of the vote needed to avert a second round. The APRA party of President Alan Garcia, who cannot run again, said Kuczynski had "democratic convictions" that would guarantee the continuation of current government policy. "Our support is unconditional and we haven't even spoken with (Kuczynski). We've done this with the country's interests in mind," Jorge del Castillo, an APRA figure, told Reuters. Peru is enjoying a decade-long economic boom and much of the campaign has focused on who can guarantee continued growth, while also spreading the benefits to the one in three Peruvians who still live in poverty. Despite the strong economic growth seen during his presidency, Garcia has a disapproval rating of about 60 percent and the party is not presenting its own candidate. Some political analysts say APRA's support could help swing the tight race, though others point to its weakened influence in recent years. "The backing of APRA could mean about 3 percentage points," said Manuel Saavedra of the CPI pollsters. "APRA's support is very important, if it wasn't for that it would look tricky for (Kuczynski) to get to the second round," he added. Kuczynski, 72, a former Wall Street banker who is known as "El Gringo" because of his European parents, is strongly backed by wealthy voters in the capital, Lima. But he could struggle to gain traction further afield. The most recent polls have shown him gaining ground. A poll by local survey firm Datum, which was published by Reuters on Friday, showed Humala extending his lead to 31.9 percent of the vote, followed by Fujimori with 22.3 percent. It gave Kuczynski 17.3 percent and put Toledo, who was the front-runner for much of the campaign, in fourth place with just 15.3 percent. Humala has surged in the race by shedding his hardline image and recasting himself as a soft leftist in the mold of Brazil's popular former President Luiz Inacio Lula da Silva. (Additional reporting by Teresa Cespedes; Writing by Helen Popper; Editing by Xavier Briand) World Tweet this Share this Link this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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