# Life after PPK: What the resignation of Peru's President means for the country

> Peru's President Pedro Pablo Kuczynski resigned in March after 20 months in office, following release of videos alleging his administration tried to rig an impeachment vote. The political crisis followed Odebrecht corruption allegations.

- Date: 2018-04-10 · published 2018-04-10T12:00:00.000Z
- Category: policy · region Peru · magnitude low
- Page: https://feedsoft.ai/events/65786-life-after-ppk-what-the-resignation-of-peru-s-president-means-for-the-country
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Political instability in Peru can slow public spending and investment, affecting fishmeal and agricultural export logistics and the sol's value, which matters for Peruvian fishmeal and DDGS demand.

## Read by commodity

- USDPEN: bullish ▲
- FISHMEAL: neutral

## Sources

- verdict.co.uk: https://www.verdict.co.uk/editors-pick/ppk-resignation-of-president-kuczynski-peru/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.