Search Details

Word: nde (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
Sort By: most recent first (reverse)


Usage:

...children, and behind them the short, silent, barrel-chested men armed with slingshots, rusty rifles, and carrying Tierra o Muerte banners. Once again Peru's restless peasants were trying to chase landowners off their estates. The invasions have been going on for months, and President Fernando Belaúnde Terry has hesitated to intervene. But last week, when 8,000 peasants appeared at 14 haciendas near Cuzco in the southern highlands, troops drove them back in a pitched battle that left 17 dead, 32 wounded on both sides. Within hours, Belaúnde declared martial law in the area...

Author: /time Magazine | Title: Peru: Dealing from Strength | 2/14/1964 | See Source »

Peru's President was not acting from weakness but from new-found strength. For the first time since he took office six months ago, Belaúnde felt secure enough to deal swiftly and firmly with an explosive situation. Having won the presidency with only 40% of the popular vote, he has depended on the shaky support of the two major opposition parties in Congress. But in December municipal elections, his Acción Popular party won a clear majority throughout the country. And now with national sentiment on Belaúnde's side, the opposition has more...

Author: /time Magazine | Title: Peru: Dealing from Strength | 2/14/1964 | See Source »

With any luck, Belaúnde should do well. Peru has one of Latin America's most solid currencies (26.60 soles to the dollar) and a rapidly expanding industry (copper, manufacturing, fishing). The problem is to spread some of the soles around. In the highlands, 6,000,000 Indians still speak the language of their Inca ancestors, earn a bare $15 per family per year; city slum dwellers do little better. But Belaúnde's government has already built 2,200 low-cost housing units in Lima. He has pushed through a new universal-education law that...

Author: /time Magazine | Title: Peru: Dealing from Strength | 2/14/1964 | See Source »

...Agreement. Once in office, Belaúnde opened negotiations for a new contract with I.P.C. President Milo M. Brisco. But the talks quickly turned sour. The company argued that Belaúnde's demand for $50 million plus a future 60% income tax amounted to "economic confiscation," took ads in Lima papers to show that I.P.C. would be losing money. I.P.C. wanted a 50% income tax; it agreed to pay the $50 million but insisted that these payments be considered deductible expenses against future taxes. All of this, the Peruvians refused...

Author: /time Magazine | Title: Peru: Canceling the Oil Concession | 11/8/1963 | See Source »

...Belaúnde prepared to take the matter to Congress, the U.S. State Department expressed hope of an amicable settlement "before the Peruvian Congress passes a law that the government of the U.S. does not consider satisfactory." But in the present Peruvian mood, chances are that Peru's Congress, having already revoked the I.P.C. concession, will now pass the second bill, putting it squarely up to I.P.C. to come to terms...

Author: /time Magazine | Title: Peru: Canceling the Oil Concession | 11/8/1963 | See Source »

Previous | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | Next