facebook
twitter
rss
account
search
search
Headlines

UPI Thoroughbred Racing Roundup

Wrapup of Thoroughbred stakes action.
ROBERT KIECKHEFER, UPI Racing Writer

UPI Thoroughbred Racing Roundup

Wrapup of Thoroughbred stakes action.
ROBERT KIECKHEFER, UPI Racing Writer

Prosecutor: Peru's Humala violated rights

LIMA, Aug. 17 (UPI) -- A former Peruvian presidential hopeful was accused of human rights violations while commanding an anti-rebel unit in the 1990s, La Republica reported Thursday.

The Almanac

Today is Thursday, July 20, the 201st day of 2006 with 164 to follow.
By United Press International

UPI Thoroughbred Racing Roundup

Wrap-up of Thoroughbred stakes action.
ROBERT KIECKHEFER, UPI Racing Writer

Peru: Presidential loser leads opposition

LIMA, June 8 (UPI) -- Peruvian presidential loser Ollanta Humala is set to lead the country's political opposition, El Comcerio reported Thursday.

Peru's Fujimori gets clean bill of health

SANTIAGO, Chile, June 7 (UPI) -- Former Peruvian President Alberto Fujimori underwent medical tests Wednesday while fighting extradition from Chile to Peru where he faces criminal charges.

Peru elects former president over populist

LIMA, June 5 (UPI) -- Former Peruvian President Alan Garcia claimed victory in the presidential race pitting him against nationalist Ollanta Humala, el Comcercio reported Monday.

Peru accuses Venezuela of election meddling

LIMA, May 30 (UPI) -- Peruvian President Alejandro Toledo has accused his Venezuelan counterpart, Hugo Chavez, of meddling in Peruvian politics.

Chavez allies not profiting from his help

BUENOS AIRES, May 28 (UPI) -- Political observers say there are signs of a backlash against Venezuelan President Hugo Chavez's attempts to promote socialism in South and Central America.

Venezuela pulls ambassador from Peru

CARACAS, Venezuela, May 4 (UPI) -- Venezuela will withdrawal its ambassador from Peru after Lima decided to pull its head of mission from Caracas, Globovision TV reported Thursday.

Peru: Garcia gets runoff spot

LIMA, May 3 (UPI) -- Peruvian presidential hopeful Alan Garcia won a runoff spot against front-running candidate Ollanta Humala, El Comercio reported online Wednesday.

Peru recalls ambassador from Venezuela

LIMA, May 1 (UPI) -- Peru recalled its ambassador from Venezuela following accusations that Venezuela was interfering in Peru's presidential elections.

Humala to face Garcia in Peruvian election

LIMA, April 26 (UPI) -- Peru's presidential ticket appears set, with former army officer Ollanta Humala leading all candidates heading into next month's second round of elections. Humala's opponent likely will be former President Alan Garcia, El Comercio reported Wednesday. Garc

Peru: Humala won't testify against brother

LIMA, April 24 (UPI) -- Peruvian presidential candidate Ollanta Humala refused Monday to testify against his brother, who is on trial for leading an uprising.
Page 7 of 8
Photos
Alan Garcia
U.S. President Barack Obama (R) meets with President Alan Garcia of Peru in the Oval Office of the White House in Washington on June 1, 2010. UPI/Dennis Brack/Pool
Wiki

Alan Gabriel Ludwig García Pérez (Spanish pronunciation: ; born 23 May 1949) was the President of Peru, having won the 2006 elections on 4 June 2006 in a run-off against Union for Peru candidate Ollanta Humala. He is the leader of the APRA and the only party member ever to have served as President of Peru. He served a first term as President from 1985 to 1990. His first term was marked by a severe economic crisis, social unrest and violence. He ran unsuccessfully for the Presidency in 2001, losing in a run-off to Alejandro Toledo. During his second term Peru averaged seven percent GDP growth a year, held inflation below three percent annually and collated Peru's foreign exchange reserves at US$47 billion; however his tenureship also resulted in increased environment damage according to critics and increased social conflict, according to the national human rights ombudsman's office.

García won the elections on April 14, 1985 with 45% of the votes. Since he did not receive the 50% of the votes required to win the presidency, García had to enter a run-off against Alfonso Barrantes (the leftist former mayor of Lima) of the United Left party. Barrantes, however, retired and decided not to enter the run-off, saying he did not want to prolong the political uncertainty of the country. García was thus declared president on June 1 and officially took power on July 28, 1985. For the first time in its sixty-year history, the APRA party came to power in Peru. Aged only 36, García was dubbed "Latin America's Kennedy," becoming the region's youngest president at the time, and the second youngest president in Peruvian history (the youngest was Juan Crisostomo Torrico in 1842, aged 34).

Despite his initial popularity among Peruvian voters, García's term in office was marked by bouts of hyperinflation, which reached 7,649% in 1990 and had a cumulative total of 2,200,200% over the five years, thereby profoundly destabilising the Peruvian economy. Owing to such chronic inflation, the Peruvian currency, the sol, was replaced by the Inti in mid-1985, which itself was replaced by the nuevo sol ("new sun") in July 1991, at which time the new sol had a cumulative value of one billion (1,000,000,000) old soles. During García's administration, the per capita annual income of Peruvians fell to $720 (below the level of 1960) and Peru's GDP dropped 20%. By the end of his term, national reserves were negative $900 million.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Alan Garcia."
Quotes
Most Popular
x
Feedback