Juan Velasco Alvarado hardware. Relations between the United States and Peru were tense and even hostile, as soon as General Velasco and his junta took power. Just five days after Velasco seized power in 1968, the General began the nationalization of the Peruvian Economy with the expropriation and nationalization of the American International Petroleum Company (IPC) oil fields located in the northern Peruvian oil port and refinery of Talara, Piura, near the Peruvian border with Ecuador, Piura, being the region where Velasco was born. IPC was a subsidiary of Standard Oil, and although the claims over the IPC were ultimately resolved in negotiations
Provisional Revolutionary Government of the Republic of South Vietnam Provisional Revolutionary Government of the Republic of South Vietnam The Provisional Revolutionary Government of the Republic of South Vietnam (PRG) was formed on June 8, 1969, as an underground government opposed to the government of the Republic of Vietnam under President Nguyễn Văn Thiệu. Delegates of the National Liberation Front, as well as several smaller groups, participated in its creation. The PRG was recognized as the government of South Vietnam by most communist states. It signed the 1973 Paris Peace Treaty as an independent entity, separate from both South Vietnam and North Vietnam. It became the provisional government of South