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
The Selling of the President 1968 The Selling of the President 1968 The Selling of the President 1968 is a 1969 book by American author Joe McGinniss. It was published by Trident Press in October, 1969. The title is a play on the Making of the President books by Theodore White. The book describes the marketing of Richard Nixon during the 1968 presidential campaign. It has been described as "a classic of political journalism" and a "classic of campaign reporting that first introduced many readers to the stage-managed world of political theater." It was reprinted in 1988 under the title "The Selling of the President". McGinniss