Word: peruvian
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...year ago last week, has another three years and about 8,000 miles to go before it is finished. The $500 million, 9,000-mile highway network will provide the first land link between Brazil's Atlantic seaboard ports of Belem and Recife and the Bolivian and Peruvian borders-and perhaps eventually the Pacific. Other roads will reach out to Surinam, French Guiana, Colombia and Venezuela to the north, and to Brazil's industrialized states in the south...
...credited with helping to raise per capita income by a laudable average of nearly 2.5% per year. The trouble is that the Alliance has fallen far short of its own noble goals. "The Alliance raised high hopes that Washington was not prepared to fulfill," says the head of a Peruvian research organization. "Many Latins soon realized that the Alliance was just John Kennedy's crash reaction to Fidel Castro...
...named Thor Heyerdahl set off across the Pacific on a 45-ft. balsa raft he called Kon-Tiki, the Incan name for sun-god. Young Heyerdahl entertained a theory that Incan raftsmen might thus have freighted their civiliza tion to Polynesia. He failed to convince most fellow scholars that Peruvian-Polynesian cultural coincidences were more than just that. But by Aug. 7, when he cracked up on a coral reef 4,300 miles from Peru (and 250 miles east of Tahiti), Heyerdahl had proved indubitably that a balsa raft could cross the Pacific. He had also become a celebrity...
...Latin Americans are unlikely to go along. Said a Peruvian Foreign Ministry official of the U.S. proposal: "What they really want is to split the 200-mile area: twelve miles for us and 188 miles for them! Should we be weak and stupid enough to give in, there would follow an ocean grab by the big powers...
...paid for in 4% bonds maturing in 20 years. The junta has also passed an industrial law under which all basic industries will be state-owned. Foreign companies are not allowed to own more than 33% of any local industry. In all companies employing five or more people, Peruvian workers will share in 25% of the profits before taxes. Wages have also gone up; the average salary for mine workers has doubled to a little over...