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Jun 30, 2000

Peru's impasse

The Andean country whose economic fate rests on its controversial president

In late May, Peruvian president Alberto Fujimori was re-elected for his third term. But Fujimori, who is credited with many of Peru's financial achievements, faced the toughest challenge of his political career. The US, the Organization of American States and members of the European community all declared his victory invalid. The election results following fraud charges and stern messages from the international community left foreign investors waiting for the other shoe to drop. 'Peru still

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