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** President of Peru Alberto Fujimori issues Decree Law 25418, dissolving the Congress of the Republic of Peru, imposing censorship and having opposition politicians arrested, setting off the 1992 Peruvian constitutional crisis.
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** and Peru
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** Alberto Fujimori is removed from office as president of Peru.
** A 126-day hostage crisis at the residence of the Japanese ambassador in Lima, Peru, ends after government commandos storm and capture the building, rescuing 71 hostages.
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** Alberto Fujimori is elected President of Peru ; he takes office on July 28.
** The government of Peru announces an austerity plan that results in huge increases in the price of food and gasoline.
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** In Peru, police arrest Abimael Guzmán, the leader of the Shining Path guerilla movement, who had evaded capture for 12 years.
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