Juan Velasco Alvarado of the Velasco administration's economic policies is still debated today. As the Peruvian military government ran deeper into debt, it was forced to devalue the currency and run inflationary policies. This however, was in part due to the 1970s Energy Crisis, which also affected Peru and made it impossible for the Velasco administration to fund some of its most ambitious reforms. In foreign policy, in contrast with his 1970s Latin American contemporaries, which were mostly right-wing military dictatorships, he pursued a partnership with the Soviet bloc, tightening relations with Cuba and Fidel Castro and undertaking major purchases of Soviet military
Juan José Alvarado Juan José Alvarado Juan José Alvarado (1798–1857) was Supreme Director of Honduras from 15 April 1839 to 27 April 1839. Alvarado was born in Ciudad de la Esperanza, Intibucá, but later lived in Gracias a Dios in the department of Lempira, where he worked as a surveyor. There he became a judge of first instance and Jefe Político of Gracias. He was a member of the Constituent Assembly and was elected President of this Parliament. On 26 October 1838 under the provincial government of José María Martinez Salinas, the province of Honduras had declared itself a separate state. Francisco Ferrera,