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
Juan Velasco Damas spending the first months of the new campaign without a club, he signed a three-month contract with Football League Championship side Norwich City, following a successful trial; at the end of the season he left for Panthrakikos FC, freshly promoted to the Superleague Greece. After one-and-a-half seasons of relative playing time, Velasco moved teams in January 2010 but stayed in the country, signing with Athlitiki Enosi Larissa FC. He retired in June of the following year at the age of 34, and in 2013 returned to football, being appointed manager at Xerez CD B. On 13 October 2016, Velasco signed