Thousands of people gathered in front of Peru's Presidential Palace to peacefully protest the swearing in of a new president Wednesday who is unknown to most and was recently accused of trying to secure the military's support for a congressional effort to boot the nation's last leader out over unproven corruption allegations. Businessman and former head of Congress Manuel Merino placed his hand on a Bible and swore to carry out the remainder of the current presidential term, which is set to expire in July of next year. Merino's swearing in was met with anger, resignation and protests on the streets of Peru's capital a day after Congress voted to oust popular President Martín Vizcarra, who had campaigned against corruption. Peruvians widely distrust legislators and decried Vizcarra's removal as an overt power grab. Analysts warn the country could be thrown into a new period of instability at the same time as it grapples with one of the world's worst coronavirus outbreaks. The new president is the country's third chief of state since 2016; both Vizcarra and his predecessor, Pedro Pablo Kuczynski, were pushed out by the powerful Congress, where neither managed to secure a majority bloc. Merino hails from the center-right Popular Action party and is from the province of Tumbes along the country's northern border with Ecuador. He served two terms in Congress, the first in 2001, before being elected again this year as part of a new slate of lawmakers voted into office after Vizcarra dismissed Congress in 2019. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake