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
People's Revolutionary Government (Grenada) People's Revolutionary Government (Grenada) The People's Revolutionary Government (PRG) was proclaimed on 13 March 1979 after the New Jewel Movement overthrew the government of Grenada in a revolution. The government suspended the constitution and ruled by decree until a factional conflict broke out, culminating in a United States military intervention on 25 October 1983. The New Jewel Movement (NJM) under the leadership of Maurice Bishop was the main opposition party in Grenada during the 1970s. In 1979, the NJM overthrew the government of Eric Gairy, which had ruled the country since independence in 1974. The NJM launched an armed takeover