News / Americas

Peru's Congress Narrowly OKs Humala's New Cabinet on 3rd Vote

FILE - Peru's President Ollanta Humala speaks during an interview at the government palace in Lima, July 12, 2014.
FILE - Peru's President Ollanta Humala speaks during an interview at the government palace in Lima, July 12, 2014.
Reuters

Peru's Congress narrowly ratified President Ollanta Humala's embattled cabinet on Tuesday after the ruling party offered to suspend a rule requiring independent workers to pay into a pension program.

Humala secured scarcely enough support for his sixth cabinet in three years with 55 votes. Fifty-four lawmakers voted against his cabinet and nine abstained.

The vote was the third after a majority of lawmakers balked at the cabinet's ratification last week, part of a bid to pressure Humala on a raft of demands ranging from ministerial changes to the repeal of the pension law.

Passed in 2012 when Humala wielded more power in Congress, the pension law mandates independent workers to pay into a private pension fund or the state pension program.

Peru's private pension system is the most important source of investment capital in the country, managing some $39 billion.

After the law was passed, Habitat, a unit of Chile's Inversiones La Construccion, won the right to sign up all new contributors to the private system by offering the lowest fees.

The president of Humala's nationalist party, first lady Nadine Heredia, said on Twitter that the party and its allies in Congress would back suspension of the independent worker rule in the pension law.

It is unclear how long the requirement would be on hold, or what impact it would have on Habitat.

Habitat declined to comment on the law's suspension until a formal decision by the government is taken.

Humala's previous cabinet also faced three votes before securing congressional approval in March. That marked the first time in more than a decade that the constitutional ratification requirement was not just a routine formality.

The latest political crisis emerged after Humala's power in Congress waned further. In late July six lawmakers left his party's political bloc in Congress, leaving it with a one-vote edge over the main opposition party.

You May Like

Turkey's Controversial Reform Bill Giving Investors Jitters

Homeland security reform bill will give police new powers in search, seizure, detention and arrests, while restricting the rights of suspects, their attorneys More

Audio Slideshow In Kenyan Prison, Good Grades Are Path to Freedom

Some inmates who get high marks could see their sentences commuted to non-custodial status More

'Rumble in the Jungle' at 40

'The Champ' knocked Foreman out to regain crown he had lost 7 years earlier when US government accused him of draft-dodging and boxing officials revoked his license More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Victorious Secularists Face Challenge to Form Government in Tunisiai
X
Henry Ridgwell
October 30, 2014 11:39 PM
Official results from Tunisia show the Islamist Ennahda party has failed to win the second free election since the so-called "Arab Spring" uprising in 2011. Ennahda, which handed power to a government of technocrats pending the elections, lost out to the secular party Nidaa Tounes. Henry Ridgwell reports from London that the relatively peaceful poll offers some hope in a volatile region.
Video

Video Victorious Secularists Face Challenge to Form Government in Tunisia

Official results from Tunisia show the Islamist Ennahda party has failed to win the second free election since the so-called "Arab Spring" uprising in 2011. Ennahda, which handed power to a government of technocrats pending the elections, lost out to the secular party Nidaa Tounes. Henry Ridgwell reports from London that the relatively peaceful poll offers some hope in a volatile region.
Video

Video Africa Tells its Story Through Fashion

In Africa, Fashion Week is a riot of colors, shapes, patterns and fabrics - against the backdrop of its ongoing struggle between nature and its fast-growing urban edge. How do these ideas translate into needle and thread? VOA’s Anita Powell visited this year’s Mercedes Benz Fashion Week Africa in Johannesburg to find out.
Video

Video Smugglers Offer Cheap Passage From Turkey to Syria

Smugglers in Turkey offer a relatively cheap passage across the border into Syria. Ankara has stepped up efforts to stem the flow of foreign fighters who want to join Islamic State militants fighting for control of the Syrian border city of Kobani. But porous borders and border guards who can be bribed make illegal border crossings quite easy. Zlatica Hoke has more.
Video

Video China Political Meeting Seeks to Improve Rule of Law

China’s communist leaders will host a top level political meeting this week, called the Fourth Plenum, and for the first time in the party’s history, rule of law will be a key item on the agenda. Analysts and Chinese media reports say the meetings could see the approval of long-awaited measures aimed at giving courts more independence and include steps to enhance an already aggressive and high-reaching anti-corruption drive. VOA’s Bill Ide has more from Beijing.
Video

Video After Decades of Pressure, Luxembourg Drops Bank Secrecy Rules

European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video Kobani Refugees Welcome, Turkey Criticizes, US Airdrop

Residents of Kobani in northern Syria have welcomed the airdrop of weapons, ammunition and medicine to Kurdish militia who are resisting the seizure of their city by Islamic State militants. The Turkish government, however, has criticized the operation. VOA’s Scott Bobb reports from southeastern Turkey, across the border from Kobani.

All About America

AppleAndroid

More Americas News

Mexico Police Investigate Police Link in Shooting Deaths of US Siblings

Deaths of Erica Alvarado Rivera, her brothers and boyfriend as they traveled to visit family is third high-profile case in recent months that links security forces to extrajudicial killings
More

Lawmaker Blasts US Participation in Cuba Ebola Meeting

Mario Diaz-Balart said ALBA, which chaired the meeting, 'was created solely to oppose US interests' and US participation was 'ludicrous'
More

US Coast Guard Rescues 33 Cubans at Sea

Because the overloaded boat did not make landfall, those rescued will be returned to Cuba
More

Western Experts Increasingly Fear Lone Wolf Terror Attacks

Slaying and assault on Canada's parliament building was followed by a hatchet attack on two New York City policemen
More

Search Underway at New Site in Mexico Missing Students Case

This week marked one month since the students went missing after clashing with police in mysterious circumstances
More

Public Transport in Latin America, Asia Most Dangerous for Women

Thousands of women and gender experts were questioned to create the listing
More