Economy & Business - July 2004
PERU: General strike fails
The long-awaited general strike on 14 July failed to disrupt the country or the Copa America soccer tournament. A more worrying development for the embattled government of President Alejandro Toledo was the effective grounding of the country's biggest airline, Aero Continente, which could not get insurance because of US allegations that its biggest shareholder, Fernando Zevallos, was linked to drug traffickers.
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