# GlobalSource Partners | Scandals and Accusations Everywhere

> Peru's Odebrecht bribery scandal is deepening, with new accusations that ex-president Ollanta Humala's wife received at least $3 million from Odebrecht for his 2011 campaign and an arrest warrant for ex-president Alejandro Toledo. Analysts expect the scandals to weaken the government's ability to raise investment, which has fallen to under 22.8% of GDP.

- Date: 2017-03-10 · published 2017-03-10T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/72281-globalsource-partners-scandals-and-accusations-everywhere
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Weaker investment dampens Peru's medium-term growth outlook, which is a macro factor for the sol rather than a direct feed-supply shock. Near-term fisheries rebound is the main growth driver for agricultural inputs like fishmeal.

## Read by commodity

- USDPEN: bearish ▼

## Sources

- globalsourcepartners.com: https://www.globalsourcepartners.com/posts/scandals-and-accusations-everywhere/teaser

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