Word: branco
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...came a sudden and dramatic change. Last week, having broken all records in July, daily trading volume advanced to 1,626,447 shares, and daily sales topped $1,000,000 for the first time in history. Main reason: a new capital-market reform bill that Brazilian President Humberto Castello Branco signed into law last month. The law sets up an equivalent of the Securities and Exchange Commission by empowering the central bank to discipline the market, allows new brokers to enter the previously closed exchange, requires firms trading on the market to publish regular and reliable financial statements, and cuts...
...provide more than enough confusion for any ordinary citizen. Effective action in Congress is chronically hobbled by interparty bickering and mercurial coalitions. "Our politics have not surpassed tribal primitivism," admits José Eduardo Kelly, a founder of U.D.N. (National Democratic Union), one of the parties in President Humberto Castello Branco's current coalition...
Last week Castello Branco took a hopeful step toward detribalizing Brazil's politics by signing into law a new electoral code and a tough party reform. The new code is intended to put Brazil's election procedures into coherent form for the first time, banning coalition candidates in mayoral as well as state and federal deputy races so as to reduce confusion. The other reform measure is designed to cut the number of parties down to manageable size and ensure that they have meaningful grass-roots representation...
Apartments Wanted. Brasilia started regaining momentum with the revolution that ousted Leftist Goulart 14 months ago and installed Castello Branco in his place. The new President has no love for the raw new city either. As a friend says: "In Rio the President works and rests. In Brasilia he only works." Nevertheless, he seems determined to finish what Kubitschek started. "The consolidation of Brasilia," says Castello Branco, "requires only time and money-mainly money...
...roaders was somewhat milder than the critics had anticipated. Many politicians felt that the ineligibilities bill was a relatively small price to pay for prompt elections, particularly since only a few major-party candidates were likely to be affected. In fact, the reaction seemed to be exactly what Castello Branco had hoped for-a backing away from unsavory candidates who might run afoul of the bill...