LIMA — Peruvian President Alberto Fujimori's 2-week-old government appealed for calm today after a drastic austerity plan was met with shantytown lootings and protests in which security forces killed four people.
Police opened fire on a mob of about 100 people looting a food warehouse in the northern city of Trujillo overnight, killing one man, police said. He was the latest victim of the backlash to the new austerity package.
The austerity program, announced Wednesday night, included a 3,100% boost in gasoline prices, huge price increases in food staples and sweeping exchange and foreign trade reforms.
Transport was paralyzed across the country for the second day in a row today as bus companies demanded the government boost fares to match the gasoline price rise.