GREY:RIOAF - Post by User
Comment by
safi61on Jun 02, 2011 5:20pm
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Post# 18664392
RE: RE: RE: RE: RE: volatility ahead for rio
RE: RE: RE: RE: RE: volatility ahead for rio"if humala wins in one year their won't be any congress ability to change anithing because he is going to close it "
Wrong again alank, Peru dosn't have the unlimited oil resources Chavez had (and still has) in Venezuela. Besides mining is 60% of Peru's exports, and 100% is privatelly owned and run, so changing that model would take over a decade under a dictatorship, and that's unsustainable anywere in the world today.
Not even Chavez has the guts of closing Congress in Venezuela, because he knows its the end.