Key facts
- Russia has significantly reduced gas supplies to the European Union.
- EU member states are seeking alternative energy sources and implementing conservation measures.
- Peru is heading for a runoff election between Roberto Sanchez and Keiko Fujimori.
- An Ipsos poll in Peru shows a statistical tie between Sanchez (43.8%) and Fujimori (43.2%).
- Fujimori won the first round of the Peruvian election with 17.18% of votes.
- Sanchez secured 12.03% of the vote in the first round of the Peruvian election.
- Right-wing outsider Abelardo de la Espriella advanced to a runoff election in Colombia.
- Leftist Ivan Cepeda will face Abelardo de la Espriella in the Colombian runoff election.
- Former U.S. President Donald Trump endorsed Colombian candidate Abelardo de la Espriella.
- Colombian President Gustavo Petro accused Donald Trump of election interference.
- Colombian leftist candidate Ivan Cepeda stated he has not observed significant election irregularities.
- Colombian dollar bonds rallied after Abelardo de la Espriella advanced to the runoff.
Russia has significantly reduced its natural gas supplies to the European Union, triggering a severe energy crisis and escalating concerns over potential shortages for the upcoming winter. In response, EU member states are actively pursuing alternative energy sources and implementing various conservation measures to mitigate the impact. The reduction in Russian gas flow has led to a sharp increase in energy prices across the continent.
Peru is preparing for a presidential runoff election between leftist candidate Roberto Sanchez and conservative Keiko Fujimori. Recent polling indicates a highly competitive race, with an Ipsos poll conducted on June 3 showing a statistical tie between Sanchez at 43.8% and Fujimori at 43.2%, within a margin of error of +/- 2.1%. Fujimori had initially won the first round with 17.18% of the vote, while Sanchez secured 12.03%. Sanchez, a protege of a jailed leader, is campaigning on a platform aimed at reducing societal inequities and faces the potential influence of informal miners in the election outcome.
In Colombia, right-wing outsider Abelardo de la Espriella has advanced to a runoff election against leftist Ivan Cepeda. Following his first-round victory, de la Espriella received an endorsement from former U.S. President Donald Trump, who stated the election is crucial for Colombia's future and its relationship with the United States. Colombian President Gustavo Petro has accused Trump of election interference, viewing such foreign involvement as an attack on freedom. Cepeda, aiming to appeal to centrist voters, has moderated his stance on a constituent assembly, stating he would seek consensus for national reforms if elected. Cepeda also reported observing no significant election irregularities.
Colombian dollar bonds saw a rally in response to de la Espriella's advancement to the runoff, reflecting market sentiment towards the right-wing candidate.