Word: peruvian
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...HAPPENED IN BOSTON? by Russell H. Greenan. Witless German art experts, villainous Peruvian generals, paranoiac harpies, spying pigeons, nosy janitors and struggling artists are only part of the fantastic story that leads a deranged narrator, park-bench dreamer and master painter into forgery, murder and an attempt to kill...
...days divided between business negotiations and Latin hospitality, representatives of both nations gathered at Lima's graceful Torre Tagle Palace to sign a two-year trade agreement. The precise products and terms are so far uncertain; the Soviet Union, through European middlemen, is already purchasing sizable quantities of Peruvian fishmeal. But the meaning of the event was clear. Peru's Foreign Minister, Eduardo Mercado Jarrín, one of a spangle of generals who seized power last October, called the occasion "the end of an era in which our trade was channeled in only one direction...
Aware of the highly charged nationalistic feelings involved in the I.P.C. case, the U.S. asked only that the junta pay Standard Oil a fair price for I.P.C.'s properties (Peru's Supreme Court had earlier set the figure at $142 million). If it does not, as the Peruvians well know, the U.S. would be forced under the provisions of the Hickenlooper Amendment to suspend its economic aid to Peru within six months after the seizure unless promising negotiations for equitable compensation are under way. At present, U.S. aid amounts to $34 million a year plus another $45 million...
...highly emotional television and radio address, General Velasco virtually foreclosed any possibility of a negotiated settlement. In an obvious bid to win the support of other nationalist army officers and businessmen, Velasco asserted that I.P.C. owes Peru $690.5 million for all the oil that it has pumped from Peruvian soil. To recover at least a part of that sum, representing I.P.C.'s entire gross sales for the past 44 years, Velasco plans to auction off the company's properties within the next 40 days...
...transparent maneuver, the Peruvian generals have tried to prevent the U.S. from applying the Hickenlooper Amendment by doing an abrupt left face in their foreign policy. In the past four months, Lima's military regime has established diplomatic or commercial relations with Rumania, Yugoslavia, Czechoslovakia and Poland. Two weeks ago, the Peruvians agreed to exchange ambassadors with the Soviet Union, leaving only three South American countries (Bolivia, Paraguay and Venezuela) that do not have diplomatic ties with Russia...