In Peru, Ollanta Humala was sworn in as the new President today. His inauguration was attended by regional leaders, although not by outgoing President Alan Garcia. In his first address as President, he vowed to keep existing free-market economic and trade policies intact, to provide a minimum pension for all Peruvians over 65 and to raise the minimum wage. Mr Humala, 49, inherits a more prosperous Peru but faces a range of challenges.