Word: branco
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Dates: during 1960-1969
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...that is changing. Having kicked out Leftist Joao Goulart, Brazil's new President Humberto Castello Branco is determined to put his country's economic house in order once and for all. To do the job, he has chosen Roberto de Oliveira Campos, 47, a brilliant economist and diplomat, who was Brazil's Ambassador to Washington until last December, when he quit in disgust at Goulart. As Minister of Economic Planning, Campos knows just how big a task he faces. In 31 months of Goulart, the value of the cruzeiro plummeted 83%, and the cost of living rose...
...Million Boost. The government's mightiest weapon, however, promises to be an emergency tax law to reduce the estimated $1.1 billion budget deficit for 1964. That, says Castello Branco, is "the primary cause of our inflation," and he has already rammed through Congress a bill to increase revenues by $500 million or more this year...
...make the point crystal clear, Castello Branco's tough old War Minister Artur da Costa e Silva went on TV last week to remind everyone that the military will stand for no monkeyshines. "Go and pay now, gentlemen," he warned, "so that we do not have to come and get it from you. You owe a great deal to the revolution; and the government needs that money...
Political Voices. At week's end the worst of the purge seemed over. A graver danger to unity was the politicians. After winning the presidency for Castello Branco, the military let the politicians have a say in the Cabinet and vice-presidency. In a week of argument and political infighting, ten of 13 ministers were named; among those to come were the crucial ministers of labor and foreign relations. With their eyes on the 1965 elections, both Guanabara State Governor Carlos Lacerda and Kubitschek were in the thick of the bargaining. A Lacerda man-and a good one-landed...
...Alkmim will have little to do except preside over the Senate. And President Castello Branco is not the sort to let the politicians talk on forever-not with Brazil's people in uniform squarely behind him. As tough old War Minister Artur da Costa e Silva said, "The time has now come for the army to return to its barracks. But our mission is not over. We will continue our vigilance. President Castello Branco can always count on his soldiers. At his first cry, they will be on their feet...