Peru’s Interim President Balcázar Leaves Office as Bolivia Stalls Under New Leader Paz

José María Balcázar, the 83‑year‑old interim president of Peru, concluded his short tenure after succeeding to the executive branch through congressional appointment. His term was marked by controversy, including remarks linking the Jewish community to the origins of World War II, which drew protests from the Israeli and German embassies, and a disputed $3.5 billion purchase of 24 F‑16 fighter jets that led to the resignations of the defence and foreign‑affairs ministers. Political analysts described Balcázar as a decorative figure with little real power.

In Bolivia, President Rodrigo Paz, who took office in November 2025 promising “Capitalism for all,” has struggled to deliver on promises of fuel‑supply reforms and economic revitalisation. Eight months in, fuel shortages persist, the economy remains stagnant, and political polarization has intensified. Former President Evo Morales faces criminal charges, claims political persecution, and has allegedly taken refuge with paramilitary forces, while indigenous and union groups mobilise in a crisis that threatens the stability of Paz’s government.