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...growing number of Brazilians running the political gamut from far leftists to conservative industrialists believe the President's stringency could cause a domestic disaster. Two weeks ago, Central Bank Chief Carlos Langoni, who thinks the government's targets are unrealistic, quit in protest and was replaced by Affonso Celso Pastore. An ally of Planning Minister Antônio Delfim Netto, the country's economic boss, Pastore is likely to support the domestic clampdown. Pastore, 44, is a former state finance secretary and economics professor at the University of São Paulo...

Author: /time Magazine | Title: Brazil's Ordeal of Austerity | 9/19/1983 | See Source »

...question is whether the hardliners will find Médici too moderate. Already, Three-Star General Affonso Albuquerque Lima, a disappointed presidential aspirant, has warned Medici's men that "more audacious" officers are waiting in the wings. Clearly, Médici's problem will be to keep discontent from boiling over in the streets-and in the barracks as well...

Author: /time Magazine | Title: Brazil: New President: Medium-Hard | 10/31/1969 | See Source »

...under the rug by calling for a report on rules changes next March. Meanwhile, they proceeded with their annual meeting's more pleasant activities: serious private talk well moistened at lunches, cocktail bashes and elegant dinners. To provide a suitably opulent setting, Brazil hastily completed the late architect Affonso Eduardo Reidy's beachfront Museum of Modern Art, despite some peculiarly Latin difficulties. University students wrecked the bulldozers that were about to demolish their subsidized, low-price restaurant, which blocked access to the imposing museum. Brazil's central bank bought off the students with a promise of free...

Author: /time Magazine | Title: Money: The Paper Solution | 10/6/1967 | See Source »

...AFFONSO PENNA...

Author: /time Magazine | Title: Letters, Nov. 13, 1939 | 11/13/1939 | See Source »

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