Lockheed Martin (LMT) on Thursday said Peru’s government announced plans to purchase 12 F-16 Block 70 fighter aircraft, a move the U.S. defense contractor said would help modernize the South American nation’s air force and upgrade its aging fighter fleet.

By Marco Aquino LIMA, April 21 (Reuters) - Investors in Peru's copper and gold mines are worried about the country's presidential vote count that has been slowed by allegations of irregularities, yet analysts expect the sector to weather the election with limited direct impact.

Peru’s defense and foreign affairs ministers resigned, alleging interim President Jose Maria Balcázar misled the nation about a fighter-jet deal they say was signed despite his denials.

With 35 candidates in the race, Peru is set to elect its 9th president in less than a decade. Amid rising corruption and crime, voters are left asking: Can this election finally break the cycle?

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Former Finance Minister Luis Miguel Castilla on Peru's contested vote, and whether the country's economic resilience can survive it.

The national mood is one of “exhaustion in the face of an endless series of corruption problems” and “hopelessness, discouragement, and disinterest,” Peruvian political scientist Alberto Vergara told Uruguay’s Sarandí Radio on Monday.

This episode examines Peru's first-round presidential election with Cynthia McClintock of George Washington University.

Peru’s President José Jerí was ousted by congress after just four months in office, adding to a saga of political instability that’s seen eight leaders pass through office since 2016. Jerí is the fourth president to be removed from power in Peru ...