Peru elections: Sanchez rules out expropriations, seeks to calm markets as he secures second place

Left-wing presidential candidate Roberto Sánchez, who with 93.48% of ballots counted holds second place in Peru's election and is headed for a June 7 runoff against Keiko Fujimori, ruled out expropriations as part of his governing program and accused economic elites of spreading "financial panic" around his candidacy.