Word: peruvians
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Dates: during 1970-1979
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...Peru's leftist military government on Jan. 1 seized the U.S.-owned Cerro de Pasco Corp. The U.S. Government's response to the takeover of the largest mining company in Peru was discreet silence. Instead, quiet negotiations over compensation are going on in Lima between U.S. and Peruvian government representatives...
...economics and has been a U.S. foreign service officer in Latin America. The talks that he has been involved in concern not only Cerro but units of at least ten other U.S. companies that either have been nationalized or stand to be. In separate meetings with Cerro, the Peruvians had offered the company only $12 million, though the firm's Peruvian unit had sales of $159 million and profits of $16.6 million from its copper, lead, silver and zinc mines for the first nine months of 1973. Provided that there is a sweetening of those terms, and terms...
Maria Vargas Llosa, a 37-year-old Peruvian novelist, has written five novels, all motivated by his belief in the political role of art. "Literature in general and the novel in particular are expression of discontent," he wrote...
When the warm current returned late in 1971, however, it lingered on for more than a year. Result: the fish catch plummeted, and the Peruvian government banned most fishing last year to give the anchovies a chance to proliferate again. But when the fishermen were permitted to put out into the cold current again this spring, they came back to shore almost emptyhanded...
...virtual disappearance of the anchovies did not result entirely from the errant current, according to Fisheries Research Adviser C.P. Idyll. Writing in Scientific American, he places much of the blame on human greed. U.N. and Peruvian experts had long recommended that the fishing industry take no more than 10 million tons of anchovies a year; that catch would not prevent the fish population from reproducing itself annually. But in 1970 the fishermen caught a record 12 million tons, and almost 11 million in 1971. As a result, Idyll believes, the anchovy stocks are so depleted that they may take years...