Word: peruvian
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With surprising ease, the 15-member Security Council recommended the appointment of Javier Pérez de Cuellar, 61, a Peruvian diplomat virtually unknown outside diplomatic circles. The 157-member General Assembly is expected to ratify the choice this week...
...outgoing Secretary-General was in a position to know. Pérez, a diplomat since 1944, served as Peruvian Ambassador to Switzerland and to the Soviet Union before first heading his country's delegation to the U.N. in 1971. Waldheim has entrusted Pérez with a number of delicate missions. In 1975, he became the Secretary-General's special representative in strife-torn Cyprus. Four years later, Waldheim appointed Pérez Under Secretary-General for Special Political Affairs. Most recently, he represented Waldheim in an effort to solve the ticklish issue raised by the Soviet Union...
...very decent chap," says Under Secretary-General Brian Urquhart, a Briton who has worked closely with him. Pérez is often compared to U Thant, the quiet, self-effacing Burmese who served in the U.N.'s highest office from 1961 to 1971. Unlike Waldheim, the Peruvian does not have a reputation as a workaholic. Still, diplomats welcome his familiarity with the international organization's long and often byzantine corridors. "He is a very good diplomat who knows the U.N. from the inside," says Urquhart. Even though Sadruddin was the first choice of the U.S. delegation, Ambassador Jeane...
Among her colleagues, Kendall's brand of applied archaeology is controversial. In restoring the aqueducts to working order, she may be inadvertently disturbing other fragile remnants of the ancient culture. The Peruvian government, however, applauds her efforts: earlier this year she became the first foreign woman to receive the country's Order of Merit. Luis Valcarcel, one of the pioneers of Inca archaeology, also approves. "Her project is praiseworthy," he says, "because she is not trying simply to draw up a catalogue of ruins; she is trying to restore them to their original condition." Modern Peru has much...
Moreover, the two companies were very complementary. Phibro reaped profits of $467 million last year by trading in about 150 commodities ranging from tobacco and cocoa to zirconium and Peruvian bird droppings. It now wanted to offer new financial services like raising investment capital for its trading clients. The 71-year-old Salomon Bros., on the other hand, wished to expand its operations beyond traditional bond trading and corporate underwriting. Strategic metals, grains and other commodities, after all, have in recent years been some of the best investments around...