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
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,