Peru’s Oil Crisis Is Worsening

A string of crises has engulfed Peru, Latin America’s sixth-largest economy, since the start of 2020. If the marked impact of the COVID-19 pandemic on Peru were not enough, it now finds itself rocked by a succession crisis. By mid-November 2020 the Andean country had three presidents in a week after congress removed Martín Vizcarra from office. This incited considerable civil unrest and left the country leaderless at a crucial juncture. The impact of the pandemic on the economy and government measures taken to contain the spread of…