Peru Leftist’s Aide Rejects Hugo Chavez Comparison: ‘No Way’

  • Local assets gained Friday, before Sunday’s runoff election
  • Castillo has more in common with Brazil’s Lula, Francke says
Pedro Castillo, presidential candidate for the Peru Libre party, speaks during a campaign rally in Lima, Peru, on Thursday, May 27, 2021.Photographer: Miguel Yovera/Bloomberg
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Pedro Francke knows exactly what investors in Peru and abroad think of his boss, Pedro Castillo: that he’s an extreme leftist with Marxist ties who will sink the Andean country into Venezuela-style economic chaos if elected president.

So Francke wasted no time in his first day on the job as Castillo’s top economic adviser to try to dispel these notions.