Anthony Laub, founding partner at LQG Energy and Mining Consulting: “The closure of the congressional investigation into President Boluarte’s Rolex case confirms the existence of a nonaggression pact between the executive and legislative branches, which clearly benefits both. On the one hand, it allows the president to rest assured that her personal problems will not be investigated, while also giving the various political forces in Congress the freedom to promote their legislative initiatives without encountering objections from the executive branch. This is undoubtedly a sort of truce, allowing Congress and the government to develop their respective political agendas without the other interfering or acting as an effective counterweight. Boluarte seeks to remain in office until July 2026, when her term ends, and members of Congress are seeking to promote populist and expensive legislative initiatives with a view to achieving re-election to Congress in 2026. Boluarte’s approval rating is around 3 percent. This meager approval rating is due to the president’s own inaction and her greater…”