A new president brings with him an air of optimism and change that many Peruvians are looking forward to.

Monocolumn is Monocle's daily bulletin of news and opinion. Catch up with previous editions here.

The normally bustling streets of Lima were more quiet than usual yesterday. While school children paraded through downtown early in the morning, many limeños had left town to take advantage of “Fiestas Patrias”, the country’s Independence Day celebrations and the second most important public holiday of the year. This year, there was another reason for people to be off the streets. Glued to their televisions, Peruvians watched the inauguration of Ollanta Humala, the country’s new president.

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