Story perspectives

Sanchez Appoints Francke, Investors Warn Copper Fallout, Probe Ongoing

5/19/2026

Summary

Story summary

Roberto Sanchez appointed former Castillo economy minister Pedro Francke to lead his economic-policy team before the June 7 runoff.
Investors warn that Sanchez’s proposals to review mining contracts, levy wealth taxes, and draft a new constitution with greater state control could destabilize Peru’s copper sector and meet opposition from a right-wing-controlled legislature.
A prosecutor alleges Sanchez falsified campaign-finance information, prompting a May 27 ruling to decide if the case proceeds to trial.

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Story summary

Roberto Sanchez appointed former Castillo economy minister Pedro Francke to lead his economic-policy team before the June 7 runoff.
Investors warn that Sanchez’s proposals to review mining contracts, levy wealth taxes, and draft a new constitution with greater state control could destabilize Peru’s copper sector and meet opposition from a right-wing-controlled legislature.
A prosecutor alleges Sanchez falsified campaign-finance information, prompting a May 27 ruling to decide if the case proceeds to trial.