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
Alvarado Street Alvarado Street Alvarado Street is a north–south thoroughfare in Los Angeles, California in the United States. The street was named after California governor Juan Bautista Alvarado. North of Glendale Boulevard, it starts off as a residential street. It becomes a major thoroughfare south of Glendale Boulevard. Directly south of Pico Boulevard and north of Venice Boulevard, Alvarado Street merges with Hoover Street. Alvarado Street is signed as State Route 2 from Glendale Boulevard to the Hollywood Freeway. Landmarks on the thoroughfare include the Saint Vincent Medical Center, the Metro station for the Red and Purple Lines at Wilshire Boulevard across